As HIVE gets bullish and as Hive communities synergize to give more value, it becomes important to build investment portfolios around viable communities. The blockchain world and cryptocurrency is beginning to gain attraction especially with the DeFi craze. I am receiving calls from people who never talked crypto asking for my advise on which coin/token to invest.
In the past few months, I have been so excited with my accumulation of Hive tokens such as LEO, SPORTS, CHARY, LIST, CTP, HUSTLER, NEOXAG tokens. Seeing the communities grow recently gives me more encouragement to engage the more and as well contribute some more value to the communities by joining the league of curators. I want to add more Hive tokens to my curation portfolio when I spot an awesome utility and incentives for community engagement.
While looking up my account growth over the past 15 days in August, I discovered that Hive tokens constitute about 52% of my All-time HIVE Earnings for the over two years and seven months. I have engaged this blockchain since January 2018 but started earning Hive tokens from August 2019 when Steem-engine tokens were introduced.
Specifically, I have earned 4,106 HIVE worth of Hive tokens whereas, I have earned 8096 HIVE (author and curation reward) from my engagement on the main chain. Fifty Two percent of my all-time HIVE earnings credited to a year old league of "tiny" tokens is a huge one.
With the way things are headed within some Hive communities like @Leofinance, @SPortstalkSocial, @Hustler, @Hivelist, @Clicktrackprofit and Chary communities, I am seeing a near future when earnings from the Hive tokens could surpass earnings from the main chain.
It is important that "earnings" in this post cover those from authorship and curation and this excludes the quantity of tokens purchased from the open market.
it is no more news that there is much that can be drawn from the second layer of the Hive token.While the balances are maintained on the main chain, the second layer chain is where multiple developments can be leveraged for profitability. This amazing feature on Hive is second to none on the blockchain world.
Moreover, with the beginning of mining of wHIVE on the Ethereum blockchain, I am convinced that we'll be seeing more investors buy and hodl HIVE and that could drive the token value above the $1 value in the near future.
This post is therefore important to open the eyes of new Hivers and old ones to the potentials lurking around the HIVE tokens.