Placing my faith in second layer tokens

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Every time I rave about the importance of second layer tokens to the community, I like to stress that they're not competing with hive but are in fact leveraging and complementing the underlying tech that Hive runs on. Okay, now that is out of the way, let's get to the crux of the matter; hive-engine tokens.

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If Leo success has taught us anything, it has shown us the importance of being part of communities on hive as a whole. Nobody outrightly says it but whenever you interact with Leo holders, you feel the bullishness about them. Most of them have no intention of selling and as @trumpman always says, as long as Khal doesn't die, you get the feeling that Leo's current upward trend is only the start of something substantial.

Other than Leo, there are quite a lot of second layer tokens and I've been exploring a few of them. My underlying criterion for buying a token was that I would use it to curate vigorously, daily. Other than leo, every other front-end still use the curation curve thingy so I'll probably not do so well but it is better than nothing.

My interest in a token is usually based on how I intend to use it or who hyped it. For example, I put in a buy order of like 1 million Sports because I saw @uyobong shill it. I'm also in the market for more SPT and buying some Neoxag. Even though I don't know what they're about, there's some momentum at their end, so no harm in throwing a few hundred hive that way.

Just like everything else, the price of Hive took a kick in the nuts. I can't say for sure how long this RedZone rally will continue, so I might as well put my Hive to work in other Hive front ends.






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30 comments
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(Edited)

I'm now a proud owner of 3055 Leo. I'm diversifying too once I hit 20k hive power

@tipu curate

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Nice. I have a bit less than that. Are you still buying or do you just stake your earning from posts?

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I am in a process to powerdown all of my sports tokens, since I feel like they are useless.

No development at all or nothing I have heard about x)

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You have to reconsider that decision. SPORTS is already rising and presently trading at 0.00011 HIVE per token.

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Ye well, its good hive :p
The price might be rising, but why? What development is happening if any?

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Sports Talk Social just looks so broad and bland.

I'm also a huge sports content reader, but also don't really see the appeal of the platform or a use case for SPORTS tokens right now.

uyobong.sports, I need you to convince me that Sports Talk Social has an actual direction it wants to head and plan to get there before I even think about investing.

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Ye. I feel the same buddy.
Right now, its just another token.
Thats all.

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They're working with OCD and I heard there's some work. for me, I just like the concept because I'm a sports lover and I think in the long run, it will come good.

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Ye, but working with OCD just means bigger upvotes x)
It doesn't mean development like Leo is doing x)

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You also right about football my dude.
I have earned all of my sportstokens through Actifit thats all.
They ain't worth a OCD vote, thats why it doesn't matter to me :D

I want development if I should keep the token

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I forgot to also tell you that my SPORTS upvote (16,500 tokens) is worth $0.27, that's approximately 2 HIVE. I'll give you a taste here.

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Lol that's fucking huge bro. I want to be like you when I grow up 😄 !ENGAGE 40

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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Khal please dont die!

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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LOL
I enjoyed this...I bought about a million sport after reading that same post. I am purely a curator on sport, but as you just said, it’s better to put hive to work on second layer tokens for now.

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Exactly. I'm waiting for my buy order to get filled and I'll be curating like a mad man in all the front ends

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