The Growing Earning Opportunities on Hive
We are seeing a massive expansion of Hive in regards to the earning potential. There are a number of applications and platforms that are starting to experiment with ways to get more money flowing.
In this video I discuss how we are seeing a great deal more than just the reward pool. While some things are in their infnacy, they will expand over time. That said, we still have to experiment with other ways to monetize activity within the Hive ecosystem.
▶️ 3Speak
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There are so many ways to make money on hive but I think the first main focus should be on building consistency and audience, that I have learned from you.
Summary:
In this video, Task delves into the earning opportunities available on Hive, pointing out that many individuals are not fully aware of the potential rewards due to lacking experimentation and innovation in the ecosystem. He emphasizes the significance of exploring beyond the traditional Hive reward pool and into layer two reward pools offered by different communities. Task highlights the success of projects like Splinterlands and his advocacy for Leo as a platform with promising earning potential. He discusses various earning avenues on Hive, such as staking, introducing Leo's ad revenue model, running nodes with ThreeSpeak, VSC, and the future incorporation of NFTs. Task stresses the need for individuals to widen their focus beyond just the Hive reward pool to capitalize on the diverse opportunities available on the platform, positioning themselves for success.
Detailed Article:
Taskmaster 4450, in his video, highlights the earning opportunities present on Hive that are often overlooked by many users. He expresses concern that despite the existence of numerous layer two reward pools in the Hive ecosystem, the lack of experimentation and innovation has hindered awareness and confidence in these alternative earning avenues. Task underscores the necessity for users to venture beyond the conventional Hive reward pool to explore additional opportunities for earning.
One primary area Task discusses is staking on Hive, emphasizing its significance in Web 3.0 as a means of generating income alongside traditional labor and capital. Staking not only allows users to participate in curation but also offers returns through avenues such as liquidity pools or staking Hive to specific applications to acquire their tokens. He stresses the importance of assessing the full potential of these earning methods to maximize benefits.
Task acknowledges the success of Splinterlands and his strong advocacy for Leo, a platform he believes holds significant potential for increasing rewards and earnings. He specifically mentions Leo's ad revenue model, where staking the Leo token enables participation in the ad revenue pool and access to evergreen content beyond the typical seven-day window, presenting a unique earning opportunity on Hive.
Moreover, Task touches upon the future prospects of earning through running nodes with platforms like ThreeSpeak and VSC, hinting at the growing accessibility for the average user to engage in providing infrastructure and earning on Hive within the next six to nine months. He also discusses the upcoming integration of NFTs into the Hive ecosystem, envisioning their role in rewarding user activity and providing access to various platforms or applications based on NFT ownership.
Taskmaster 4450 concludes the video by emphasizing the importance of diversifying one's focus beyond the traditional Hive reward pool to explore the plethora of potential earning opportunities available on the platform. He suggests that individuals who actively build their reputation and brand will be well-positioned to capitalize on the evolving opportunities within the growing Hive ecosystem, positioning themselves for future success. Ultimately, Task encourages viewers to look beyond immediate monetary gains and instead focus on long-term strategies to benefit from the untapped potentiality of Hive's earning avenues.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.