RE: The Hyper-Tokenization Of Everything
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Hypertokenization of Hive was a mistake, we have dozens of tokens for everything but not enough users, many communities have their own tokens but those tokens don't hold any value, as their price reflects, and no one uses those many hive-engine tokens
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I'm using like 30 different Hive Engine Tokens every month. Maybe you should wake up and start moving.
From those 30 can you name which ones you use the most and the least, and what do you do with them? Just so I can get informed better
Occasionally I flip !BEER !PIZZA or !LOL
that is 3
I'm part of the Neoxian City and their neoxian NEOXAG can be used for a curation bot.
that is 4
NEOXAG is my 6th token. Soon I will increase my stakes.
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Nice, The City of Neoxian is full of great ppl.
Though I have been on Hive for more than a year now and stumbled with NEOXAG for several months already, I am still clueless about how the Neoxian City works.
Well, use the tag, stake the token, hang in elements, read the papers, and interact with the people. Well, that's about it.
So far, I am doing the first two, plus content curation.
!PIZZA
!CTP
In DCity where I've been top100 for some time we use, SIM for trade and ENTRY for a special shop. In addition CINE, STEM, WEED and GAMER has utility for DCity Events.
that makes 10.
Now for Splinterlands we have a bunch as well, which I use for rewards farming on HE or just as they are designated: SPS, SPT, VOUCHER, DEC.
that makes 14.
Additionally, I have Tokens on HIVE Engine for my Plot, 100 CL Packs to just #hodl, and 2 different Totems, but those are not ACTIVE so let's put them aside.
I also have VIP and HIQ Tokens that grant me special privileges on Discord Servers, so those are active for me -> making it 16 in this list.
An honorable mention might be LEO, staked for curation and pooled in different places. But that is kind of not so active, right?
If I were to add all my Hive Engine Tokens that I re-stake/reconsider or more monthly, we could make a big leap in numbers again, but you asked for an active utility so let's stick to 16 for now.
And I don't think of myself as very active in this regard, some ppl our there are really deep into all these tokens.
There is nothing wrong with that. Those that are unused will just fade away.
That is the advantage to choice. If people want to use it, they can.
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That is fair. A lot is dust, but yeah, because it is so easy to tokenize stuff eventually some extremely good new project may show up around town