As you know I do these reports weekly. While I do my best to take them into a direction of what's new on the hive blockchain over just telling you my goals and such. It's also used to keep me on track as I run in the numbers myself but also to show others what is possible with time, investment and dedication to providing quality content, help and connections with others here on hive.

This article is not financial advice. Do your own research before investing. It's also not meant to rub it in anyone's face but instead show you what is possible if you stick with it. I've been doing this since 2017. Success is not made overnight, instead it's made with constant small actions every day.

What's New On Hive

We've gotten a good amount of updates on the LeoFinance.io UI which is keeping things speedy and fresh. Small little adjustments are improving the overall feel and interaction of threads. I think the biggest thing people are waiting for is the ad buy back to kick in which from last I heard should be kicking in here within the next two-three weeks. This should start to show us some major price action on the $LEO token. After that price action the price should in theory hold pretty steady with the constant buy back and most likely overall growth that will be happening on the platform.

Outside of that the gaming space has been a little stagnate as of late. Personally I got a little upset with Splinterlands over the last two seasons but I'm going to attempt something new in the new season coming up in a day. Also it's going to be Splinterlands 5 year event coming up here soon which will have some type of massive burn event of DEC with tons of prices. I'm kind of hoping we see a huge amount of DEC burned and we finally get some value back into the game but we will see how much people actully burn.

GOALS

$HIVE

Goal: 100,000 Stretch Goal 250,000 Current: 94,760.45 Needed per day: 24.14

This number is still moving down per day but it was for sure a slower week in terms of my power ups etc for the week. You'll see that in the chart below. I've also added a stretch goal which is a rather high numbers but in order to really hit marks and make enough passive/active income outside of author rewards that's pretty much the number you need at 35 cents per hive right now. Fun fact it was over 500 days ago when Hive hit an all time high of over $3. Personally I would love to see us return to $1 a hold there but I feel there's too many native pressures and money going out of hive at the moment.

$LEO

Goal: 150,000 Current with delegation: 101,296 (5k out delegation for LPUD) Without delegation: 131,296

That means I only need 18,704 more LEO to hit my goal with delegation. Without it however I need a good bit more at 48,704 but that's very possible. This puts me at 224.44 LEO per day needed to hit my goal by end of year. We should be able to hit that kind of fast being that I'm currently pulling around 300 LEO per day but for sure need to scale this up faster before that ad buy back kicks in. However to note on that ad buy back for holding LEO it seems like you'll be getting LEO as well. This should help propel me even faster towards that goal.

$SPS

SPS or Splintershards is the governance token of Splinterlands. My goal for this is to hit 1 million but not only that I now have a goal to hit 1 million GLX which is their other game which has not been releaed yet but should be soon. Why not right... At these prices you either going to lose it all or you're going to make some serious bucks when the price bumps to $0.05 - $0.10 and maybe beyond.

I'll also be heavily shifting away from playing the game to renting out for now. The last two seasons have been extremely rough and I can make far more renting out over playing. I need to spend a few days to set this up but I'll most likely only battle with my beta deck as I have extra there and rent the rest out. Estimates put this currently around 10,000 - 20,000 DEC per day or roughly $7 - $14 per day. Boy do I miss the rental days of $50+ daily.

With land coming up quickly I need that DEC to get my land ready otherwise it's going to be a struglefest trying to recover from that later. That's a big priority goal right now as it's more time sensitive than the others.

Overall hive is looking healthy. I'm seeing a good amount of new faces coming to the platform and I believe mid next month I'll be pushing threads heavily outside of hive. Right now the focus has been mainly from within hive and communities and while that will always be a thing I want to expand that and bring in more fresh blood to the system. The onboarding is far better than what it once was.

Posted Using LeoFinance Alpha