Building & Earning - The Dual Dynamic Of Hive
Realizing The Potential
In order to truly make the most of any opportunity, one needs to grasp and understand the opportunity and potential that is on offer. It’s funny how equal opportunities often render such varying results. Hive is one such opportunity where one can truly measure and discern how an “equal opportunity” can render one a success, while another a failure.
One can argue that many coming to the Hive blockchain have in essence, bought their stake, so it is not truly an equal opportunity. That may be so. However, there are many who have built their accounts over time via creating content and curation. Observing these accounts can help to realize how powerful the Hive dynamic truly is.
As with anything, the deeper you investigate, the more you understand and realize. There are those who are looking to earn Crypto, and there are those looking to build a Crypto investment or a form of passive or residual income. The dual dynamic of Hive enables users to accomplish both objectives. A Hive investment automatically becomes a form of passive and residual income by default.
The DPOS protocol secures ongoing income via the staked APR, as well as curation rewards. There are many who choose not to create content, as such, but instead, opt for earning curation rewards. It’s a simple case of: The more you hold, the more you earn. This is probably why some consider the playing field in favor of certain accounts. This is true. However, it’s not critical, as one can still effectively leverage the dynamics within the ecosystem.
Leveraging Opportunity
Many minnows have become dolphins and sharks over the years without investing any capital. This has been achieved by utilizing the earn/build dynamic inherent to the Hive blockchain. Very few opportunities provide exposure to both dynamics simultaneously. Not only does this make Hive a superior option, but an opportunity that incorporates a compounding dynamic.
These are the type of opportunities that I believe everyone should be utilizing, at least to some extent. I am aware that not everyone is necessarily a content creator, but there are ways to contribute and extract value without taking on the “mantle” of content creation. Providing valuable feedback in the form of curation is one example. Besides, you might be a photographer… and discover that creating content is an extension of your hobby.
It’s very much a formula that operates in either direction: Build to earn… or earn to build. Hive is very much a blockchain that empowers. It provides an unparalleled opportunity that can eventually become a sole source of income. I know there are a number of accounts that generate enough income to replace an average salary. In some cases, there are those that far exceed this particular benchmark.
Final Thoughts
It just goes to show what is truly possible. Taking Hive seriously can be an advantageous decision. However, don’t exclude hard work and time. These are two vital ingredients that many wish to undermine and even ignore. However, they are key in the progression of every Hive journey. See you next time!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
Posted Using LeoFinance Beta
I think if one puts hardwork into the hive platform , they will get amazing results
We’ve seen many succeed in that category already. Many have climbed to the top from nothing.
For sure... hard work and time...
Posted Using LeoFinance Beta
I enjoy this aspect about Hive. You can invest but you don’t have to. Content creation is such a unique form of income because there’s so many different communities to get involved in. I do believe that Hive is different from other crypto. And I hope to see the community grow in the future.
I think you are quite correct, in terms of there being so many different communities and niches throughout the ecosystem. It expands the potential and reach exponentially...