Promises, Promises...

Hive — or rather, Hive-Engine — is home to a number of different "investment tokens," many of which promise various dividends and rates of return.

But how well - and for how long - do they actually keep their promises?

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Do these promises of "pays dividends daily/weekly/monthly" actually hold up under scrutiny?

I'm not really interested in singling out any particular asset/token, but I have to admit that most of these fall victim to the same "It seemed like a great IDEA, but it was much harder to EXECUTE than we'd ever thought!" thinking pattern.

I'll kick in the footnote that I am excluding the outright rugpull/scams from the equation, here... just referring to those with sincere intentions.

Starting pretty much anything in a pervasive down market/economy is extremely challenging. And that doesn't matter whether you're hawking a crypto token or a new kind of shoe.

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I remember in the "early days" of Hive, Layer 2 tokens were often pitched as a way to tokenize (monetize) a community or a particular "influencer's" personal brand. While that might sound marvelous — on paper — it usually ends up being an invitation to discover that far fewer people actually care about you/your community than you could ever have imagined!

Typically, it's relatively easy to sell hype, but very difficult to follow through on those promises.

But mostly, those with creative ideas have a tough row to hoe. After all, getting attention is all about who can shout the loudest with the most promises... which is why more people gravitate towards get rich quick than get rich slowly.

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Treacherous falls...

Stated a little differently, it's much easier to pitch a "magic pill" that will take off all that excess weight, than to pitch a rigorous regimen of diet and exercise for the next 12 months. People invariably want to push the "Easy Button."

And here in the Cryptosphere, we've been trained to "expect" our opportunities to be able to magically "go 3x in a month" rather than gradually appreciate over time.

And so, promises are made that are perhaps only keep-able in the most perfect of conditions, but not when you're actually operating in an environment where 80% of the time we're in a long slow slide into oblivion, and only 20% of the time we're rocketing to the Moon, in the most ridiculous way.

For now, I'm just going to take my few drips and drabs and cautiously put them in something that hopefully will live up to their lesser promises of getting rich slowly.

Feel free to leave a comment — this IS "social" media, after all!

As always, a 10% @commentrewarder bonus is active on this post!

=^..^=

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