Impact Of $HBD on HIVE’s Tribe Tokens

(edited)

4895EBDF-3E9B-4473-814D-C17413299EFC.png

If you’ve been earning those Tribe(Hive-engine) tokens for a while now, your wallet must be down bad, this concerns you.

It came to my attention yesterday that besides the markets downtrend, another reason why most Tribe tokens are badly taking a hit is because of HBD’s 20% interest rate offer which does make sense if you think about it.

Every hundreds or a couple of thousands of tokens, dead or alive, is another $1 that can be added to whatever someone owns or is trying to grow in their savings account.

20% interests rate beats a lot investment’s out there, its hassle free, its handsoff…and even better, the interests are paid in stables, even more, it beats the returns of having to hold most Tribe tokens today to be honest.

HBDoom for Tribe tokens?

51BC81A2-050B-46F6-BFCA-1B420BC9C22F.webp

Does this mean HE tokens are doomed to fail? Yes and No. I mean, any venture without substance is doomed to fail yes?

Moreover, are we going to say because HBD’s bar is high, we should reduce it so that Tribe tokens can have a competitive edge? Shut the fuck up, I will stone you with my shoe😤! no…hell no! Lol wtf!

It’s obvious that for tribe tokens to keep up, they must meet the bar set by HBD. This is where innovation comes in, mere speculation and ad revenue is simply not enough to keep a tribe going in 2022🤷‍♂️

Development’s on Tribes has since taken a hiatus after they were launched, many will say I’m a Leofinance fan boy but tbh Leofinance is the only Tribe making a huge difference as a Tribe, talk about U.I/U.X updates, talk about on going developments, yet, even Leofinance is not spared from this purge.

Fortunately, all is not gloom and doom. The answer is right here in front of us.

HBD Solves This

D92F8D1F-7D37-4966-AB4A-F179A49E0FBD.jpeg

Before I delve into this, I need to state that a lot has to go into structuring to make anything worth organizing successful. Even sitting on a gold mine is not a guarantee for success without proper structuring.

HBD’s Interest rate is a catalyst to super charge Hive’s economy. Business owners, who are also tribe owners can tap into this magnanimous offer to bootstrap their tribes and add extra utility to their token.

I gave a typical scenario of how this can be achieved in this post by incorporating NFT’s into their businesses which can also be applied to Tribes.

Mirror Mirror On The Wall

It’s almost going to be impossible to see a healthy tribe token and economy henceforth if they don’t keep up, like I said it’s not all about sitting on a gold mine, a lot goes into structuring.

However, with proper structure armed with Hives secret weapon HBD, there’s no better time that a tribe can be successful as now. What we need to take on the world is right within us. Ofcourse HBD is just one of the many resources that can be tapped on Hive.

Will Tribe Owners step up?

In a discussion yesterday with @khaleelkazi on Leofinance discord, quite contrary to what many think, there are solid plans underway on Leofinance that don’t even involve HBD all in effort to drive value to Leofinance and you ask why I’m a Leofinance fan boy. 😒

318C8764-51BD-4984-A511-1384F0F4E8DC.jpeg

Running a Tribe can be difficult especially as we are all just creating new pathways for success, no templates. Running one can also turn out to be life changing if it’s successful. I’m a fanboy of whoever is doing the right things, and Leofinance is at the helm of it to me.

Kindly share your thoughts.

Thanks for reading.

Posted Using LeoFinance Beta

0.36360164 BEE
3 comments

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0E-8 BEE

https://twitter.com/Mistakili/status/1541848329428017155
The rewards earned on this comment will go directly to the people( @mistakili ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

0E-8 BEE

Congratulations @mistakili! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You distributed more than 20000 upvotes.
Your next target is to reach 21000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

0E-8 BEE