Hive blockchain - A home for both writers and readers
For those that are new around here, Hive is a decentralized blockchain technology that was forked from the Steemit platform in a fight for freedom and fair system that enables users to create content and publish it in a similar way to traditional platforms, but to hold ownership and earn from it. The rewards can take the form of first layer tokens like Hive and HBD (Hive Backed Dollar), but also can be overlaid with additional second layer tokens powered by communities and based on the topics domain. This rewards system not only incentivizes users to produce quality content, but also encourages others to comment and upvote posts to further grow the community and yield curation from it. Engagement is key for steady growth and making a name and brand in this amazing and flourishing web3 crypto ecosystem.
Hive rewards the writers
Hive is a great platform for writers because it allows them to monetize their content like nowhere else. Through the power of cryptocurrencies, writers are able to receive rewards for their hard work without any middle man in between or hidden fees. Not only that writers are earning from their work and comments, but also they earn from upvoting others as curation rewards proportional with the Hive Power. And on top of that, any stablecoins earned like HBD can be put passively at work in the Savings account for a sweet 20% APR.
Hive enriches readers as well
Furthermore, Hive is a great source of content for readers. Different topics and niche interests and communities can be discovered in Hive’s variety of. By upvoting read content, curation rewards in the form of 50% from the upvote will usually return to the voter. This is a great way for reader's gains alongside with passive APR of about 3% for just holding Hive Power. There’s also a vibrant art scene through NFTs, which can attract more creative users. This allowed also for play2earn blockchain games to grow in this ecosystem, through which Splinterlands is shining like a rare gem.
Hive is a home for both writers and readers
Hive is an amazing platform that was built for both content creators and readers alike. It provides a decentralized, safe, and secure space for people to express themselves and makes it easier for people to connect with like-minded individuals across the world. Whether you’re a writer looking to monetize their work, or a reader looking for interesting content, Hive is definitely worth checking out.
Join the Hive revolution
There is no up front cost to join the Hive blockchain ecosystem and benefit from its features and rewards system, you only need to invest time and effort in producing and engaging with great content. Posts are immutable once published and stored on the blockchain forever, while the rewards earned can be withdrawn in crypto and used however you please. And lastly, the userbase is fairly distributed with no one gaining an upper hand, and no censorship, allowing you to speak your mind freely. This is at least how I observed it from my experience as I didn’t encountered hiccups along the way as long as I played the game fair. And there is no reason to try to circumvent it as through steady presence, writing, reading, engaging you will be appreciated and the followers will support you one by one. This is the way!
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I always enjoy being a reader on Hive, learnt a lot from reading about different topics from different writers. I think Hive is also a rich and diverse knowledge base for many topics, both general and niche based.
I also think it is not only a home for writers and readers but a home for curators, video makers and so much more
Thats a valuable piece of manual on Hive ecosystem and why should readers and writers join together in building and sustaining a personal career.
But, what I want that to be included here is the "more participation" - if curators can retain a certain class with average power, then the chain would flourish.
I hope it achieves the status within a few years.
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That's right, it's very special for people who want to write and share everything about their life here and also for those who just want to read people's posts and people's comments. is very good for and by doing this way people can earn good amount from here. It feels like home working here, everyone talks to each other in a very nice way.