Getting new tokens every day
It is fascinating, but every time I check my wallet on leodex.io or any other side, it seems like there are new tokens I got, that I never heard of.
I lost count of how many different tokens I have. And actually, I am not quite sure, what they are good for. For some, at least I could find a WhitePaper or even a front-end. So today I crossed over CTP, ALIVE, CENT and UTOPIS. Some seem already quite old - at least regarding crypto-time.
What they are good for? No idea.
When I started on Hive, I usually sold most of the tokens I got, to get some more swipe.hive which I could invest in Splinterlands assets. Recently I sold some, so I could put more into my liquidity pools. But today I just decided to stake them. Will it be worth? I am not sure. Probably not for most of the tokens. Where there is an almost unlimited amount, it is very unlikely that the demand will catch up.
In the end it is much about the demand and demand will be there, only if there is a proper use. Is there kind of a wiki, where all tokens have descriptions? Because it would be really awesome to just check some database and understand what a token is good for.
So why did I stake something, I don't really understand. Because I don't think I have anything to loose. I didn't know, that I had those tokens this morning. And I am just happy to find out more about the Hive Blockchain every day and get some more assets. Also it doesn't really matter. Most of those tokens in my wallet are close to $0,01 or less. So even if I sold them, it wouldn't make a big difference.
EDIT:
Actually there is kind of a tool: You can check on hive-engine.com at the (i) after the token, and most of the time find some useful link to the website of the project. And also often a short description.
Cheers, @andy-plays
Posted Using LeoFinance Beta
Most of them are useless but it's fun to see them in the wallet :)
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Check out the last post from @hivebuzz:
Fantastic to hear that you have ALIVE staked, in addition to being the token for the We Are Alive Tribe we also run a tipping bot, the tips does not come from printing new tokens but from the earnings on @alive.chat, one more thing is that we also pay out a total of 0.43 BRO and 5 PGM to ALIVE stakeholders every day, paid for by the earnings on @aliveprojects.
Have some more !ALIVE
Check out our official guide, We Are Alive Tribe - The Guide
And below is the posting guidelines for 2 of our 3 core projects.
Made in Canva
Made in Canva
@andy-plays! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz.alive. (12/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
https://twitter.com/AndyPlays2021/status/1470769043783176209
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.