Are 2nd layer tokens worth the trouble?

in LeoFinance2 months ago

A new user has a huge amount to learn when it comes to other tokens on the hive engine!

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I can't imagine what it would be like to land on Hive today without having the benefit of learning this ecosystem one step at a time as I did.

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There has been a lot of talk about this lately and it is a topic that is important. Can you remember when the next huge thing was the launch of the Pal coin that was airdropped to Steem users?
Around that time Steemengine was formed also.

We had to learn how to use the steemnow app and wait for so many other developments to happen. Does anyone remember @randowhale?

I guess my point here is that holding the Pal token got you an equal amount of Leo airdropped into your account if you held your Pal. That was a good way to get it into the hands of people that would use it instead of dumping it right away.

This brought me to Leofinance, when it was airdropped some folks dumped it right into my waiting hands, thank you for that.

Then came Spinvest, what a great idea to invest some earnings from Hive and have them converted into other off-chain assets for diversification. Way to go @silverstackeruk, this has been a big hit!

Now we have Dec joining the uniswap party, this is great because I play splinterlands, own Spt tokens and have over 300,000 Dec!

I am a frequent user of the Actifit app and they upvote your fitness content, give you Afit tokens, and auto post to Hive, Sportstalk, and even Steem. 4 tokens with one post!

Some other tokens I'm looking at are Bro and CTP, what do you like?

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So my answer to the question is yes, 2nd layer tokens are worth the trouble and make you learn the ropes of crypto trading and earning some cheese on the blockchain!

Thank you for reading my blog and have a great day!


Posted Using LeoFinance Beta

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Connecting with another blockchain with the second layer tokens can change a lot of things. We have already seen WLEO and DEC. Things are getting more exciting. Yes, second layer tokens are worth the trouble. :)

Posted Using LeoFinance Beta

I have never cared for erc20 tokens, but if it opens the door for us I'm all for it!

Things are getting more exciting

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Posted Using LeoFinance Beta

I think it depends on the projects willingness to develop most tribes haven’t done shit since launch it’s only been LEO adding new features! Until we see tribes expand outside the basic template I don’t see why any of them would do much short of pump due to an increased HIVE BTC price
Mi still collect them because it’s a few free stats in my wallet

So true, so many haven't done anything since their launch, nothing wrong with a few free stats in the wallet!

Posted Using LeoFinance Beta

So true, so many haven't done anything since their launch, nothing wrong with a few free stats in the wallet!

I don't know about the Bro token, but I have a few CTP (around 12K) and I like it very much.

Posted Using LeoFinance Beta

Thanks, I'll check it out!

Posted Using LeoFinance Beta

I would have to say that second layer tokens are definitely worth the effort! To be perfectly honest, this very account exists purely because LEO exists... I'd have no alt accounts were it not for these alternatives.

But yes, it's definitely a learning process! The way I look at it, we are in the middle of the gamification of social media here, and you have to be willing to learn and play the game, in order to benefit from the game! And that takes time. I'm currently "involved" with LEO and CCC, and am "watching" NEOXAG and PAL as potential movers.

Of course, LeoFinance is showing us all that movement is contingent on active involvement and development, and creating an actual identity for a tribe... otherwise you're little more than a Steem front end clone with a token... and "who cares?"

=^..^=

Posted Using LeoFinance Beta

Thanks for that reply, that makes a lot of sense, the ones that have an active community will prosper!

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Posted Using LeoFinance Beta