It's no longer news how the hive blockchain, a major world blockchain has overtime proven to be a dependable platform for creative investments and reward generation especially for those who put in the required efforts, ideas and skills. As a powerful web 3 platform, investors explore available investment options and succeed in them. Stakeholders has not for once relented on the vision of making it take over the globe when it comes to web 3 domination, which I think is a major reason for the great benefits it now holds for members at different levels.
With the little time I have spent on hive, I can see a promising workable multifaceted system that has changed the lives of many who took up every activity and engagement on the blockchain with an investment mindset - willingness to give and invest in the blockchain and also get rewards in return. It is a two way thing.
It is rare to see a more promising system that rewards almost every activity in it, especially activities directed towards improving and developing the hive platform.
Looking in to some of the areas one can invest on on the hive blockchain we have:
Blogging:
From my observation on the hive blockchain so far, this is where a majority of hivers fall in to. Me too have done most of my investment on hive as a blogger. I guess this is because it's the most relatable aspect of hive. This entails creating contents and posting them on communities that promote them in order to get rewards from fellow users and curators of the Hive Blockchain. I have watched quite a large number of people get great rewards from the contents they post, on daily basis. This has made hive an informative platform where one can get current valuable information for both individual and collective use. Rewards are mostly in form of hive-based dollar (HBD) and Hive Power (HP).
Curation:
This is another great way of making out something on hive. Here, members who have significant amount of staked hive upvote other hivers. With your staked hive you can curate good contents of other writers, delegate hive power, autovote, or even follow trials. The beauty of this is that curators get rewarded according to the measure of curation made, whenever the supported author is paid. Some members of the hive community specializes on curating other user's contents and getting rewarded for it.
Exchange:
Hive tokens can be earned in form of Staked hive, liquid hive and Hive-based dollar (HBD). One can go beyond just getting rewarded from creating contents to making exchanges. For example, I can choose to convert my liquid hive to get second layer tokens like Leo, Dhedge, Neoxag, Legion etc.
Other benefits of the hive blockchain include:
Saving your HBD to earn interest on monthly basis, depending on how much invested. What a gamechanger? This is way beyond what most commercial banks can offer.
What Other Ways Can I benefit the Hive Blockchain?
I think creating more awareness about hive will really help grow the platform. The more the people investing on hive, the more the global visibility, and the more the tendency for greater and better ideas and creativity. This will also ease transition when necessary.
Time investment: a major factor to succeeding on the hive blockchain.
The first thing I observed on coming to the hive blockchain was the need for investing ones time and reasonable efforts if success was in the picture. It is almost impossible to understand how hive works without spending much time on it. The system is so designed that rewards grow overtime with the right drive and delivery. This I must say has a way of cutting down mediocrity on the part if users. With this observed trend, I got to better understand that the more time I spent investing in the blockchain, the greater the rewards I get in return. Time investment includes reading and creating quality contents, exploring different communities and there mode of operations, engaging with different authors, and learning the various features that the Hive blockchain provides.
Thanks for your time. Your comments are highly appreciated.