When it comes to investment, we usually look at the value of something and not the price of something. Of course, price is very important for us to decide whether it is affordable for us or not but value is what matters. Hive is one such cryptocurrency that has a huge value and a great growth opportunity in the coming years compared to other blockchains. The good thing is that not many people in the crypto space know about Hive but when they get to know about Hive, they will all food inside to make use of Hive.
Fee less transactions
One of the biggest advantages and my favorite feature of Hive is the facility to do transactions for free. Some people might argue that Resource Credits are a kind of fee for transactions. Even though it looks like it, we don't lose anything by spending resource credits and they also recover back. That's not the case on other blockchains. If I have to make a transfer, then I have to spend some additional coins to do the transfer. Many blockchains are like this and the transaction charges are given to the node operators.
Hive is very valuable because of this feature. I say this because, with the help of this feature, anyone can build on Hive without any big investment requirement. This is also an attractive feature for investors to make some investments.
Hive is undervalued
We have not done any marketing for Hive in the global crypto market. When I see some of the advertisements or marketing banners for some new blockchains that have only the basic features, that's when I understand the importance of marketing. We still need a little more stabilization before we can go and talk to the world about Hive. One of the biggest problems that Hive has is the onboarding problem. With the help of Hive lite accounts, those problems should be solvable. Most likely we might be able to onboard many people and give them the permissions as required.
With all these features we can attract new people to Hive. It is good that Hive is priced low right now providing the opportunity for many people to purchase low. But once the popularity reaches its peak, the price of Hive can become unimaginable making it no longer undervalued.
Look at Hive as a platform
Many people know Hive as a blogging platform but only a few people know that as a platform with which many things can be built. With the help of the custom JSON facility we have on Hive, people can build side chains and games on top of Hive. Anyone with the next big innovation can use the Hive platform to build their stuff.
These are some of the exciting things that create value for Hive. If we look at the price initially, it might look low but if we look at what Hive is offering for us, we will be able to understand the real value of Hive.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
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