Hive: The Land Of Opportunity

in #hive-1679223 years ago

We have a lot of things shaping up on Hive. This year saw major advancements at both the base and second layer. Fortunately, it appears things are just getting started.

Many see the offerings on Hive expanding at a remarkable rate. While this might not compete with the likes of Ethereum, it cannot be denied that a lot of opportunities are cropping up. This is going to play into the wealth generation that is created on Hive.

Of late, we discussed a great deal about the Hive Backed Dollar (HBD). There are a couple things that recently came out regarding this. This couple be one of the central pieces to Hive's success going forward.

Before we get to that, there was a Tweet that is worthy of mentioning. It is a goal that was set out yet does frame how the minds of some on here operate.

It is in the area of gaming, something that is starting to become a major force on Hive.

image.png
Source

The Hive Living

Many aspire to make their living off cryptocurrency. The idea of leaving a full time job and doing something online is a goal of many. We are seeing that possibility expand.

How does $100,000 per year sound? According to this Tweet, it is the goal of this project.

gaming.png

A bold goal to say the least. Getting 100 million people to earn $100K per year off their gaming is something that would certainly have an impact. Considering more than 2 billion play online games, the market is certainly there.

Even if they get to 1/100th of their goal, the @nftstudios team will pull off a major feat. Imagine 1 million people earning $100K, a solid salary in any country.

Thus, we could see a large number of people on Hive earning their living through a project like this. The #Play2Earn realm is expanding and some NFTs are showing even greater price appreciation than their fungible counterparts. As many are learning with @splinterlands, one's life can change very quickly through the in-game assets.

It is also helpful to remember the 1UP project is starting to offer different ways to leverage the expansion of gaming on Hive. This could be another layer that is tied into the gaming that is brought out.

HBD Sinks

In past articles, we discussed the "chicken or the egg" situation with the Hive Backed Dollar (HBD). This is something that is going to take some time to unfold. We need more HBD on the market. However, for that to happen, there will likely need to be more sinks.

Essentially, we need more HBD produced while also giving use cases that can incentivize people to hold it. This was one of the main idea behind [Hive Bonds}(https://leofinance.io/@taskmaster4450/hive-bonds-the-next-step-in-hbd-evolution). Here we discussed something at the base layer.

Of course, there is nothing that prevents Layer 2 applications from implementing HBD into their workings. It appears that Leofinance is going to do just this. When discussing the top end rate for Hive Bonds, here was the response on Twitter:

image.png

The idea is that HBD will be integrated into one of the Cubfinance Kingdoms. It is hard to know what it will be paired with but we are going to see a HBD pool that provides a fantastic rate of return. Even at 25%-30%, this is very good on a stablecoin.

This will not produce more HBD since it is a second layer solution yet it does provide a sink for HBD. It is a way for people to utilize their HBD like they do Tether or BUSD.

Naturally, the most sensible use of a stablecoin is for commerce.

Hivelist

Hivelist is really starting to do some interesting things on Hive. We are seeing the combination of a multiple of offerings on Hive combined.

Their latest is the introduction of Bitkicks, a sneaker line that is available on their store.

The first thing that jumps out, especially as it relates to this conversation is the fact they accept HBD. Here we see commerce starting to be integrated. The key to a stablecoin is to develop a payment system around it.

hivelist.png

So basically it is now possible to post on Hive and end up paying for your sneakers out of the rewards. This is step in the right direction whereby people can start to pay for basic necessities through their Hive activities.

That said, there is another aspect to this particular line of products that is very interesting. We know there are many artists who are putting up their works and selling them as NFTs. For the most part, the industry is a combination of collectors and speculators. Very little is being done, thus far, for real world applications.

Hivelist is taking a bit different approach. When reading their latest post, we see this:

@thelogicaldude has been going through @NFTShowroom and purchasing Limited Reproduction Rights NFT artwork to use for our shoes and other items like TShirts and more. Many of the NFTs purchased will stay with @thelogicaldude or the @hivelist accounts to represent the licensing for the artwork.

Here we see a project that is looking to integrate a few different aspects of the Hive ecosystem. The idea is that artists on Hive could end up having their NFTs purchased and Hivelist utilizing this as a way to create physical products.

It is evident there are more layers to be added to this concept:

Some NFTs will be purchased and offered with a one of a kind pair of sneakers custom made to your size! We are looking to offer these in an auction style format once we have that functionality available... Which is coming in Quarter 1 2022!

Source

Perhaps one of the games that NFTStudios is producing will have a NFT that applies to some "magical sneakers". This can be a limited edition that is also tied to a real world pair of Bitkicks that Hivelist produces. Through the in-game purchase, not only does the NFT provide the powers for the game, one can redeem if for a physical pair.

Compounding

When dealing with a complex system, the slowest stage is early on when things are individual and separate. However, as a few things start to get into place, the compounding effect takes hold. The example just mentioned shows how convergence of applications and ideas is what really thrusts things forward in an exponential way.

Here is where we see value skyrocket. Each new addition seeks to leverage what was laid before it. This will not only enhance the new project but also benefit the previous one. When Hivelist is buying NFTs, that benefits whatever NFT "store" it is being purchased from.

A year ago, Hive was still very fragmented. Now, with the expansion over the last year, we see how things are starting to come together. Innovation is taking place by looking at what is available and combining it. As more projects take advantage of what is already developed, we see how layer upon layer is produced.

Hive is quickly becoming the land of opportunity.


If you found this article informative, please give an upvote and rehive.

gif by @doze

screen_vision2025_1.png

logo by @st8z

Posted Using LeoFinance Beta

Sort:  

Making a living out of Hive is a reality for some and one close for others. This entire ecosystem keeps on growing with use cases for HIVE and HBD and also is supercharged by secondary layer tokens.

Posted Using LeoFinance Beta

We will see what that team has with their gaming ideas. Couple that with Ragnarok and we might have something.

A lot going on which is exciting. Another tremendous leg up in HIVE could also help the excitement level (although it will lead to each person getting less HIVE from rewards).

Posted Using LeoFinance Beta

This is highly insightful.

I’m speechless with everything I read here. Hive is just simply amazing 👏🏾. You mean we all have these opportunities on Hive? Where do I sign for a life time membership on Hive please?

Send me 10 HBD and I will get it for you.

20 HBD will get you a membership in the afterlife too.

Posted Using LeoFinance Beta

I will need to get my lawyer

So you will pay 50 HBD on an attorney to save 10 or 20 HBD? LOL

Posted Using LeoFinance Beta

Nah, the attorney is to review the terms and conditions for the after life contract.

Wow! I’m impressed with all that is happening and thanks for the summary, very helpful!

It is what we do: keep an eye on things to alert people to what is happening.

Posted Using LeoFinance Beta

Nice project... bravo


Hey @taskmaster4450, here is a little bit of BEER from @pouchon for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

A lot of opportunities on hive, I will consider investing more next year

Posted Using LeoFinance Beta

Crypto is a land of opportunity and the best is yet to be seen.

Hive a land full of gold

Better than gold. We can blast well beyond it in time.

Posted Using LeoFinance Beta

It’s been months I’ve been paying my bills (and saving money) just doing arbitrage with HBD. & Hive. I’ve been working full time here on hive and couldn’t be happier. My transaction history is proof of how much work I have been putting on this…l


Hey @taskmaster4450, here is a little bit of BEER from @sandymeyer for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.


The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Definitely their is more to get d gain being an hive user

The 12% interest on HBDs in my opinion is a good opportunity that I will not miss

thanks for this answer. I will continue to save the HBDs I earn from blogging.

It is a very low-risk, fairly high reward situation. Many scoff at the 12%, which is low in crypto. However, there is no risk of a rug pull nor is there a chance at a hack of code or any other counterparty.

As long as HIVE is above zero and witnesses keep validating blocks (ie keep the chain going), there is no risk to the HBD savings.

Posted Using LeoFinance Beta

Many scoff at the 12%, which is low in crypto

12% is better in every way to whatever the bank across the street offers of a savings account there.

With all of these projections and ongoing activities on Hive,it shows hive will be very promising in year 2022. Personally I can wait to live off crypto.. smiles.
I believe it will be possible with Hive. I'm optimistic,I believe you are too...😀

I think is very hard to achieve 100 million players to earn 100,000 USD. First, is a lot of money; second, are a lot of players hehe. But I will support them.

Posted Using LeoFinance Beta

Reading your posts is like ideas that are about to sprout.
Hive is getting so rooted in the crypto sphere
We do not even know its true power.
Keep on building y'all

!BEER

Posted Using LeoFinance Beta

Hive has big things to offer us next year. Imagine playing P2P game and be earning the same time. Blogging in HIVE and be getting token. To Tell you that,if you work well in Hive, you will be paying your rent with it. What we need is the spirit of compounding our income.
Thanks for the Post.

Posted Using LeoFinance Beta

Jojo, I would.love to buy some shoes, but let me know is it american sice or english, so I order the wright sice ;) I have a 41 in the eu.

Thanks for the help and all the best going forward!
!BEER 🍻

$100k is truly a bold target but with more games in the market, I can see this happening.

My rough estimate is that you can realistically earn anywhere between $300 and $600 by playing 3-4 games that are truly F2P like Splinterlands, Gods Unchained and a few more.

GU "pays" about $50 a week at these prices which ads up to $200 monthly for just one game. Can't even imagine what 2022 will bring.

Posted Using LeoFinance Beta

Yeah I have no idea what their business model is. However, we are starting to see the opportunities arise. A few more games on Hive with even a quarter of the success of SL and we could be in business.

Plus on Hive one can enhance their success by posting about their gaming.

Posted Using LeoFinance Beta

They need to distribute tokens somehow so they are rewarding gameplay. The good thing is that most of them ended up on Hive due to the same reasons you mentioned.

I think @acidyo onboarded them with some writing contests and the community seems to be growing every day.

Wherever you go Hive will give you a chance to amplify your success it seems.

Posted Using LeoFinance Beta

Crypto is a reality, since 4 years ago I don't work and I only leave the house to have fun, all my savings are in crypto and some investments, I can tell you that it is the future and now in hive my desire has only increased, a life free of fiat and with crypto in control.

That is the goal, that we live off crypto and quit enslaving ourselves to some job.
Let's keep building, the future looks bright!

Posted Using LeoFinance Beta

Hive is my next step forward, create a follow up to share my experience with cryptos and maybe help more people to get on the roller coaster, it will be difficult but during these years we have seen how cryptos have gone up like crazy so we just have to keep on working.

That is great to read. We need to get a million more people such as yourself on Hive. People are certainly in a better mental state when they are not having to drag themselves to a job they despise to work for some jerk who's value come from some title achieved, usually due to nothing more than time at the company.

Posted Using LeoFinance Beta

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@wrestlingdesires(5/12) tipped @taskmaster4450le (x1)

You can now send $PIZZA tips in Discord via tip.cc!

The idea of leaving a full time job and doing something online is a goal of many. We are seeing that possibility expand.

I think that it will be much more possible in the future thanks to HIVE. If I was unemployed, I would take HIVE as my primary job.

I'd still be working if it weren't for Crypto. I'm living off of Yield and am also still taking gigs but now it's on my terms and I'm "working" for fun and not because I have to. I enjoy staying active and at the same time I am enjoying being able to do what I want to do rather than what I have to do in order to make ends meet. I am very impressed with the Buzz around HIVE and can't wait to see what 2022 brings for this community. The Community aspect of HIVE is not even close to being priced into the value of the $Hive Token.

Posted Using LeoFinance Beta

The "Buzz" is certainly growing. There was a time when only a few of us were posting optimistically about what is taking place.

Today, that core has grown significantly. The key is that it is no longer theory to many people, they now see what is going on and how it works.

Posted Using LeoFinance Beta

I can easily see play to earn becoming one of the biggest draws in history. People used to, and still do, pay to play. By reversing that, humanity has created a way for people to survive by having fun. I love it!

Yes although a game still need to be interesting. Add in the pay to play with the play2earn and we get an interesting mixture.

Posted Using LeoFinance Beta

True, and such things have to be financed somehow. We can't give what we don't have.

!PIZZA

Thanks for the awesome shout out for @hivelist! It’s all about doing things for the greater good of our little corner of the blockchain world. The more we work together to integrate the different communities, the stronger we will be. That is my whole idea behind @hivehustlers and the @hivecommerce DAO. People think it’s just another community for entrepreneurs. But it’s a community that more importantly focuses on bringing together ideas from different communities. That’s why we curate in CTP, LEO, WEED, and some of the gaming communities. It’s not about one community or the other. We are all in this together and need to find ways to strengthen each other instead of thinking we are competing in some way. I mean there is always room for healthy competition, keeps us on our toes, but what we have to remember is we are all in this together… so let’s make our way together!

Keep up the good work. Keep in an eye on you and your projects.

Going to have to get you back on #CryptoManiacs to get some updates.

It is good for the community to know how you are laying and converging what is on here.

Posted Using LeoFinance Beta

Anytime! Just let me know! Thanks for the feedback, means allot!

The opportunities opening up here on daily basis only creates room for more to be opened. SImply put, they're inexhaustible.

So basically it is now possible to post on Hive and end up paying for your sneakers out of the rewards. This is step in the right direction whereby people can start to pay for basic necessities through their Hive activities.

This has been pne very beautiful part of the development happening here. Getting real valued products from our post rewards is awesome. From a social chain to a full and robust economy.

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 86 of my contest just started...you can now check the winners of the previous week!
15

NFT studios is pretty bold for stating that target. While it may be possible, I think it will be extremely tough to do so. While the AAA game studios have dropped their quality, I still think it's tough to convince everyone to move over right now.

Posted Using LeoFinance Beta

I am brand new on Hive, but I am loving the integration grade here on Hive. A lot of different apps, the Proposals section, the Witnesses, and so different communities!
I am loving it.
I Will do my best to bring the best part of my knowledge about cryptocurrencies!

As always, a great starting point is to keep commenting like you did here. That will help to grow your holdings as people upvote comments. It wont be a ton per comment but it will add up over the course of a year.

Just as @jfang003 who does a tremendous amount of commenting and gets rewarded in HIVE, LEO, and CTP (that I know about).

He is an example to follow.

Posted Using LeoFinance Beta

That's what I am trying to do, on the posts that I like most. I do not want to be spammy just for upvote hunting :D
Best wishes, in the meanwhile. In a few hours here in Italy it will be Christmas!

Hi @taskmaster4450
That is a pretty bold projection.
I don't know the tokenomics or other details of the project, so I will not comment on the viability of this proposal. But I would love to see them succeed, so I will study the project.

Thanks for the news about the HBD LP, 25-30 percent on a stable coin pair would be an outstanding way to make money borrowing to purchase such assets and have them make money while I sleep.
Wonderful.

I hope you have time to take a look at my project EasyDefi and give me some feedback on the project.

Thanks

Posted Using LeoFinance Beta

There is absolute certainty in the opportunities that hive provide.
I just got to explore tribaldex.com and I'd say it's a lot that hive is doing to get its users involved in all, there's just no limit to what anyone can achieve on hive.

Thanks for all that you do.

Posted using LeoFinance Mobile

BOOM1.jpg

toruk_washere_new3leo.jpg

Read how this all have started with Toruk

Posted Using LeoFinance Beta