BROAG: An Example Of The Potential Of Hive

in LeoFinance8 days ago

The mentioning of this project is not to be construed as an endorsement of it nor financial advice in any matter. It is being used to highlight the possibilities while serving as an example of the point being made. Each needs to do his or her own research before investing in anything.

Sometimes the best ideas are very simple ones. They often become very powerful especially when combined with tokenization.

BroSilver (BROAG) is one such example. This is a project that was started by the same team behind BROfund. It is one that seeks to reach outside of Hive yet provide a benefit to the entire ecosystem.

The concept is rather basic. This is going to focus upon internet and affiliate marketing. The goal is to obviously get a revenue stream going from different marketing projects to generate a cash flow.

How it works is tokens are being sold to raise the funds to cover the basic expenses for a year. This is being done through the offering of the token. The money will then be used to start the process of generating consistent revenue.

Token holders are rewarded if the project starts to yield a thousand dollars a month. At that point, distributions will occur on a percentage breakdown the team put out in one of its posts.

Obviously, delving into this area is entering a multi-billion dollar industry. These days, it is a mainstream arena.

Of course, this has nothing to do with cryptocurrency or tokeneconomics. Instead, it is a way to generate revenue streams that can provide resources coming into to Hive.

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The key here is that all revenues that come in are in fiat. We know the affiliate marketing programs use everyday currency for their transactions. It is not a world that gravitated to crypto yet.

Under this scenario, all fiat that comes in that is used to pay out the token holders will be converted to HIVE. This provides a bit of buying pressure to the price of the token.

Will $1,000 a month make much of a difference? Obviously not.

Nevertheless, this does show the possibilities of creating buying pressure for HIVE. Instead of looking for people to pull money out of their wallet to buy HIVE, how about focusing upon ways that can generate cashflow which than can be used to buy HIVE for distribution.

This is the power of tokenization.

Here is a business idea that is being basically privately funded by individuals from all over the world. The idea is to venture out where the money is, a $12 billion annual industry fits that, and pull some of that money into the Hive ecosystem.

One business doing this is not going to make things moon. However, if it starts the spigot and we adds dozens of ideas like this, we could see things radically shifting. After all, it really will not take a ton of buying pressure to move HIVE up with as tightly held as it is.


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When it comes to affiliate marketing, those who are in that business will tell you that $1,000 a month is not much. There are many who do numbers which far exceed that level. In other words, this has much greater potential on a monthly basis. Consider that as the first baseline to achieve.

Will this work?

We will have to wait and see. Nevertheless, the concept is sound. Create a business model that can generate cashflow, get people from Hive involved to help with the costs, and then use the proceeds to buy HIVE for payouts.

In addition to this, we see another opportunity for people on Hive to potentially benefit financially if they choose to get involved (keep in mind this one does contain a large degree of uncertainty hence risk).

One of the biggest advantages Ethereum has is that there are thousands of "sinks" which suck up that token. Not only is it heavily sought after by traders and investors, but there is also the entire DeFi network that requires the token. Liquidity Pools all over the place are locking up differing amounts of Ethereum on a daily basis.

Hive does not have that taking place right now. Thus, we need to focus upon growing from within. This is a bit slower process yet it can be equally as effective. The key is to start generating the resources for people so that they have the means to provide buy support.

Instead of only reaching into our own pockets, why not set things up that enter the massive world of fiat generation and use that to fund our ecosystem? The money is certainly out there.

A couple hundred thousand dollars a month from that world would really alter the plight of Hive.

We would also see the impact in token price.

Building 101.


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It's good to be a BRO!

Nice, I did not know much about this project. I do agree $1,000 in affiliate marketing is a realistic goal and every little bit can help. As long as the management finds good products to affiliate market, I do not see a lot of disadvantages. There are still risks as the first steps towards maintaining that first $1,000 a month is probably the hardest.

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I am no expert in that field but I would say that, like all things, getting started is the toughest.

Hopefully it grows into something even more powerful. We will see how it unfolds over time.

Perhaps it will give others some ideas.

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I like the concept of buying pressure on Hive. Would be glad to get more info on the project.
Same BRO guy on discord ?

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Yes. Raymondspeaks on discord.

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As the tokenomics goes, we will need to have multiple use cases for our token as you have mentioned in the article. Hive is a governance token and has not been fully utilized ( I doubt there are other functions). I am really looking forward to Leofinance (as everyone does these days :) in how they gaming the tokens and their use cases. We can use Leo tokens for various purposes even now. Diversifying the use case for the token may entice new investments. We need more projects like Leofinance where they are working towards diversifying the use case.

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Hive also serves as an access token. That is something that is overlooked since there are, relatively speaking, so few users.

Nevertheless, we are seeing more projects expanding which can alter the look of Hive going forward.

Leo is certainly one of them.

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That is a very awesome view on this. I have invested in some of the BROAG tokens, but I wasn't even thinking about how this project could influence the price of Hive if they were making some huge buys each week. Assuming it all works out anyway. Likely people will see this as a barometer as to how well it really works before we start to see more groups attempt it. Fingers crossed it does well. Like you said, the money is out there, it is just a matter of getting it in here.

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Just another potential notch in what is being offered on Hive.

It might work out, it might not. There is risk associated with it.

However, if it does, it might be a blueprint for others to follow. This article also might give others some idea of what to do themselves.

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Yes I think those hive sumps would give us an infinite boost,
only that there are not many projects of this type hopefully someone believes it to see what we support with the little we have, really as people find out about the projects in question they will come to us looking en masse that is a fact.
Regarding marketing, before we had a super marketer here who was @surfermarly, I don't know if you met her, unfortunately she gave up and we lost her a beautiful surfer who did a lot for the community but in the end she left us.
Then @llfarm came or I don't know what the girl's name is, but also, she has only left a project there, I don't know if she's working, the truth is I haven't seen her anymore, so in relation to marketing we're screwed from my point of view for now, let's wait As BTC overflows, let's go further.

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Yes she left years ago over the flagging wars.

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Very interesting idea, is there any link for more information?

This can benefit HIVE not only with the currency, but also with the promotion which obviously in the end also benefits the currency. There are thousands of people interested in affiliate marketing and if they see an idea like this they will come to HIVE and maybe develop their own or improve this

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@brofund is a good place to start.

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thanks

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This is pretty interesting and it presents an approach that I didn't think before - get income from outside the Hive ecosystem, while manage the infrastructure and the project from within. I always thought from a single angle and just doing everything in Hive, but this opened my mind to think differently.

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There are really a lot of different ways to push things forward. Innovation is taking place at many levels, not only technical.

Lots of good stuff on Hive.

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We need more of these "sinks" as you call them to create buying pressure. Leo has had buying pressure with WLeo and LBI. I haven't hear much more about WHive and if it is going to be something at some point.
We must all be patient as this place has more to offer than ever and with more still coming demand will happen. Marketing is a piece of the puzzle we are missing and should of had professionals doing this to some extent. No one knows about this place and is kind of a secret to the masses.

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wHIVE is held up until it can be decentralized. It will take a while I guess for that to roll out.

That could also have an impact if it comes into being.

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Decentralized wHive will be released soon, the first testnet will hopefully be launched in a few days

It is good to bring in some FIAT money to HIVE.

This is what helps with the value of LEO, the ad revenue used to buy/burn tokens.

I wonder what the legal issues with this are. In the US at least the SEC would be all over this type of offering.

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This is what helps with the value of LEO, the ad revenue used to buy/burn tokens.

When you look at it, it is not much of an impact. Only a very small amount of Leo is ending up being burned compared to the inflation.

I am sure the SEC wouldnt like it but it is too small for them to mess with. The SEC like all agencies need to justify their time. They can get a big check out of Ripple or Block.One, not so much here.

Besides is it even in the United States. The one behind it is not.

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True . I thought the same about Dcity . If we promote the game and if people like it , the only way they can ever play it is by buying HIVE . The same is true with all other games too .

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There are a lot of possibilities.

As I keep saying, it only takes one to break through before the floodgates open.

What will be the one that starts garnering a lot of attention?

We will see throughout 2021.

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The idea of the concept is in my eyes really good. I like the idea of getting Fiat and then buy Hive back.
I hope this will succsed.

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Hive finance is really making it marks. I am hoping lot more going to be launched in future.

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I don't understand how some people still underestimate the power that Hive has and how far it can go.

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What are the potential risks for investors?

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We should devote some inflation to savings accounts, iyam.
Not powered up hive is good for content creators.