I made it into the largest power up's yesterday | Here is why!

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(Edited)

I was browsing Twitter yesterday and randomly came across a tweet by @niallon11 who was the largest power up on the 28th of December.

What was most fascinating was on the day I came across the tweet, which was on the 29th, I had just powered up some odd 2100 Hive to my account on the back of some very exciting news.

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Now, I am not a rich guy. Not in the slightest. I am your common dude trying to earn a living and hopefully strike crypto gold in the near future. Hive is one of those crypto's I threw mostly everything I had into trying to hit my goal of 10,000 Hive Power.

That is my magic number.

And just like @niallon11, I had a reason(s) for committing over 90% of my resources to the Hive blockchain and the spirit of what it is trying to achieve.

At the base of it all is the primal need to want to make money and on a higher level, is to have the ability to be self-sufficient and influential in the sense that I can help many other people like me build an investment that could potentially outlive them for generations which is what I believe crypto will achieve.

In the immediate future, there are two projects that I really want to be a part of.

1 : ThreeSpeak Incentive Layer.



Source: @theycallmedan

Resources:

TheyCallMeDan: The Speak Network Incentive Layer (Hive Fest)

Taskmaster4450le: 3Spealk SIP: Going To Eat Up A Lot of HIVE)


Now, I am still yet to grasp much of the technical stuff around the new token system coming to 3Speak.

In the coming months, the whitepaper will be released giving us more information. A couple of things are clear though.

A 'claim-drop' will be done for people holding the Hive token.

The snapshot date has yet to be confirmed.

Hive holders will receive LARYNX which is the mining token and you will need to claim a bit of it each month for at least an year.

This ensures only the active Hive users retain most of the LARYNX.

The biggest aspect though is that the model provides a sink for the Hive token. What I understand is that it is permanently locked away which in effect helps make Hive more scarce and hence more valuable in the long term among other cool things.

As an investor, that should get you super excited.

2 : Leo Development (#LEOsisterproject)


If you haven't seen the tweet yet, what are you doing?

Follow Leofinance on Twitter to catch the news hot off the press.

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As soon as I saw this tweet, I immediately started buying up some more LEO. It didn't take long for the word to spread though and the price rally kicked off.

I have to admit I am clueless about the sister project. However, I have been intending on buying up some more Leo anyway. I will research on it later.

All I know is that I did not want to be left behind.

Conclusion


Here we have two of the best run second-layer projects with promising futures. They are pushing the boundaries of what we thought possible, especially for me.

This is possibly the last time you will ever get Hive this cheap ever again especially if the sink starts eating into the Hive supply.

Leo is already double the value of Hive. Who knows how far it can go with all the innovation and onboarding taking place here.

Give in to the FOMO! ;)

Posted Using LeoFinance Beta



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10 comments
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Didn't know about the Leo airdrop. Thanks for the heads up mate. I feel happy for you because you are achieving your goals on #hive

Hopefully next year is going to kick-ass. Best regards champ.

Posted Using LeoFinance Beta

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Really hope next year will bring with it good things. It can't be worse than this year...can it?

Thank you. 😊

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Ah yeah I heard about this airdrop for LEO but not the other one for 3speak! Nice one on loading up, I've been powering up HIVE anyway due to PUD and I add Leo to that list of tokens to power up as well. Might as well with these airdrops coming!

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Missing out on free coins is just never a good idea especially if it is from projects with fantastic developer teams.

The SIP particularly will impact Hive massively in terms of absorbing the supply.

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Haha, yeah exactly, these are the incentives needed to keep tokens staked - I heard about the SIP, it sounds like a great concept!

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It will be second-layer projects that will help HIVE reach its potential . Without it , it is almost impossible for HIVE alone to do it.

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I totally agree. You can develop and iterate much faster on the second-layer which is a massive part of Hive.

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I've heard of the 3Speak claim drop. Never knew about the LEO airdrop.

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Well, now you know! 😊

Start powering up before the price skyrockets to take advantage of the airdrop.

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