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Are You Still Doubting Hive? Here is Why You Should Join the Community by tomlee

View this thread on: hive.blogpeakd.comecency.com
· @tomlee ·
$8.88
Are You Still Doubting Hive? Here is Why You Should Join the Community
Hive blog is the leading blockchain-based social media platform that rewards users in different crypto assets for their engagements and for creating original content. It is a fast, powerful and highly scalable DPoS-powered blockchain and cryptocurrency with a thriving ecosystem of decentralized applications. 


![image.png](https://files.peakd.com/file/peakd-hive/tomlee/23wgmHAxDqWNxw6MTxvEeA87Dvb59PP77JzBJFwddJP6usEi2hjS5UogTA7LieMkmJmwo.png)
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To make the web3 blogging platform more interesting, Hive blog is designed to have different communities including sports, games, photography, crypto/ finance, arts, and many more niches that one can think of. 

Beyond earning from content creation, the Hive ecosystem is so broad that it gives users manifold ways and investment options to derive earnings while socializing. Further means of earning on the Hive blog include staking, curating, and delegating tokens among others. 

It is worth noting that the decentralized proof of stake (DPOS) social media/ blogging platform, Hive Blog, is designed to have a two-token system for issuing rewards to active users. That is, the Hive blockchain has two native currencies which include HIVE and Hive Backed Dollar (HBD). 

#### About HIVE and HBD Tokens
While HIVE is a utility token that is trading on several top crypto exchanges including Binance, the Hive Backed Dollar (HBD) is an algorithmic stablecoin that has continued to maintain its parity with $1 ever since its emergence. This makes HBD one of the best stablecoins in the crypto market though it remains underrated and lacks huge adoption. 

In a season in the crypto market where algorithm-based stablecoins have failed and trust in algorithmic stablecoins has been hampered, Hive-backed Dollar (HBD) has stayed resilient with a structure that ensures that it will never become highly unstable. 

It bears mentioning that the once-thriving and the then-largest algorithmic stablecoin by market capitalization, TerraClassicUSD - USTC (formerly known as TerraUSD - UST) collapsed in May 2022. At the time of writing, HIVE is trading for $0.34 per coin. 
____

#### Why Hive is Unique

But the Hive ecosystem is not limited to these two assets only. Hundreds of crypto tokens backed by the Hive blockchain are in the crypto market today. The [Hive blockchain](https://leofinance.io/@tomlee/top-3-reasons-you-should-embrace-the-hive-blockchain-including-its-advantages-over-the-bitcoin-btc-and-ethereum-eth-blockchain) is a layer 1 protocol and as such, it allows and provides tools for limitless decentralized applications (Dapps) to be developed on its base layer. 

Interestingly, several layer 2 projects built on Hive are in existence today and thriving beyond the Hive community. Notable among these Hive-based crypto projects are @Splinterlands, @ThreeSpeak, and @LeoFinance.

While Splinterlands is a digital trading card game with many ecosystem tokens like DEC, SPT, and SPS, LeoFinance is a web3 blogging platform that rewards users with its native token dubbed LEO. Meanwhile, 3Speak is a web3 video platform that provides a better alternative to Youtube. All of these projects and many more are powered by the Hive blockchain. 

The [Splinterlands](https://www.splinterlands.com/?ref=tomlee) game which was co-founded by Jesse Reich and Matthew Rosen in 2018 is currently the [second-largest play-to-earn blockchain game, according to DappRadar](https://leofinance.io/@tomlee/splinterlands-becomes-the-second-largest-play-to-earn-game-and-third-largest-dapp-ecosystem). 


On the other hand, [LeoFinance](https://leofinance.io) has seen huge adoption from many blockchain enthusiasts while the project led by Khaleel Kazi has also onboarded many other DeFi solutions like [CubFinance](https://cubdefi.com) and [PolyCUB](https://polycub.com). 

#### Join the HIVE Community 
Are you still doubting Hive? Are you still watching while Hive continues to expand every day? Now is the time to stop being an onlooker and become a [part of the Hive army](https://hive.blog/) to enjoy the many benefits provided by the leading web3 blogging and social media ecosystem. 



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tomlee/are-you-still-doubting-hive-here-is-why-you-should-join-the-community)
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vote details (379)
@india-leo ·
Indiaunited Curation 1670424943385
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

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. 

<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>
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@poshtoken ·
https://twitter.com/825075029662638082/status/1600416413558091777
<sub> The rewards earned on this comment will go directly to the people( @tomlee ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@splinterboost ·
<center> *This post has been given a 10.0% UpVote by the SplinterBoost Community Curation Bot.* </center><center> ![image.png](https://i.imgur.com/7gUumlT.png) </center><center> [Vote For Witness ](https://vote.hive.uno/@splinterboost) | [Delegate HP](https://peakd.com/@splinterboost)  | [Join Discord](https://discord.gg/RK4ZHKmgcX) </center>
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@utymarvel ·
Hive all the way💃
No doubts
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@tomlee ·
Yeah..Hive to the moon.

Keep grinding
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