$Hive & $Zing Milestones

about 2 months ago

There's nothing more exciting than knowing how one progresses in reaching their goals, that's especially true here in the Hive platform. There are plenty of goals that one can set for themselves to track their progress in the aspects that one sets for themselves.

For my venture, I chose to focus my attention on building 3 aspects of my Hive account and these are my Hivepower, $Zing stake, and generating Account Creation Tokens. I believe that these aspects will have a great impact on the future that we are yet to further realize.

5000 $Zing stake!

I want to start by sharing my venture in a game called Holozing! It's a card game that requires one to collect creatures or Holomons and participate in battles in order to gain rewards. I'm not much of a gamer but after observing the success of Splinterlands, which is also a card game that was built on top of the Hive blockchain, I believe that Holozing will be able to emulate the same success as well.

I wanted to take part in it even with a simple farming of the $Zing token. It's the utility token for the game and will serve as the medium of transaction through the game as well. It may not seem that valuable right now but it has the potential to 10x or even 20x in the future as the game starts and the supply becomes lesser and lesser.

My venture started at a 230 $Zing stake and then it grew through my previous HP delegation to the Zingtoken account and then through my multiple purchases from the open market.

And now it has grown to a 5000 $Zing stake and it won't stop there as I keep on re-staking my rewards. It's the dedication that will help me achieve the goals that I set for this venture.

A while ago, I purchased another 250 $Zing tokens and then staked them to reach my 5k milestone for my $Zing stake.

3000 Hivepower!

I think that Hivepower is a crucial part of one's growth in the platform. It's going to have more utility in the future other than being able to have an impact on the rewards distribution. I was looking at other platforms and a stake will always be a form of trust towards a user. It's a sign of commitment to growing together with the community.

This 3000 Hivepower milestone is just one of the steps towards my goal of building my ultimate goal. A year ago, I set a goal of reaching 20,000 Hivepower. I'm still far away from it but I'm happy to how things are turning up right now.

I would assume that it will get better as I keep progressing with my growth. This is why I'm very thankful to the ones who are supporting my venture as a content creator and curator as well.

I'm amazed by the amount of support of my delegators. Some have entrusted me with their Hivepower while some have freely delegated to me their HP which is something that I never imagined when I started.

100+ ACTs

Here's another aspect of my Hive growth that I'm starting to believe that will have a great impact in the future. ACT or Account Creation Token is a token that one can generate using the RC or Resource Credit. You will need a huge amount of HP in order to have a huge pool of RC in your account to generate a single token.

I believe it requires a minimum of 6000 Hivepower in order to generate 1 ACT. It has a huge requirement because it's one of the most important things in the platform. It allows an account to create another account for free.

Aside from my 3000 Hivepower, I'm also the caretaker of 49,500 Hivepower, thus putting me in control of the 77 Trillion Resource Credit Pool. That means that I could generate a single ACT every 24 hours. At this pace, I would be able to generate about 1000 ACTs in 3 years or it could be faster as I keep growing my own Hivepower as well.