Five Ways to Earn on Hive Blockchain
Hive is one of the more interesting blockchains out there. With a number of novel features and a special focus on ‘web3 social’, Hive is a veritable honeypot for those interested in web3 earning opportunities. Here are five of our favourites:
Actifit ($AFIT) is a Hive-based mobile app within the move-to-earn category. Similar to apps like StepN, Actifit allows you to earn crypto rewards by tracking your everyday physical activity. Where StepN only rewards users for walking and running, however, Actifit rewards users for all their general daily activity.
No matter if you’re walking your dog, mowing your lawn, or simply moving about the office, so long as you reach an “activity count” of 5,000, you can simply post a report via the app and get rewarded with $AFIT tokens. You can also earn a range of crypto rewards – including $HIVE, $STEEM, $BLURT, and $SPORTS tokens – via upvotes on supported blockchains and partner communities. What’s more, users can also earn $AFIT tokens daily via yield farming.
2. Hive Blog
Hive Blog is the centre of social gravity within the Hive ecosystem. Equal parts social network and blogging platform, Hive Blog is a place for the Hive community to come together, create and connect. Unlike most social platforms that simply sell your attention to the highest bidder, Hive Blog actually rewards users for their attention. As with 3Speak, users of Hive Blog are rewarded with $HIVE for creating, consuming and engaging with content on the platform. Similarly, the more Hive Power (i.e. staked $HIVE) one holds, the more influence one has on the platform.
Sporting a Reddit-style interface, Hive Blog provides a web2 quality user experience with the additional functionality – and economic opportunity – inherent to web3.
Splinterlands is a crypto-native online collectible card game, where factions battle for control and “primal energies are harnessed and unleashed”. Each card – represented as an NFT – contains its own stats, level, abilities, experience, and rarity, which players employ against one another in the context of battles.
To start earning with Splinterlands, simply choose a Summoner and help your faction battle for control in the world of Splinterlands. Victory in ranked matches grants a player Splintershards ($SPS) – the game’s governance token. Players can also trade, sell, and lease their cards for Dark Energy Crystal ($DEC).
Players first have to make a one-time payment to obtain the Summoner’s Spellbook, which grants access to the game’s robust play-to-earn system.
3Speak ($SPEAK) is a censorship-resistant video platform built on the Hive blockchain. In simple terms: imagine Youtube if only Youtube allowed creators to directly own their content and audience, without the threat of censorship. Thanks to blockchain technology, the ownership of assets and communities on 3Speak is intrinsic to its users and content creators, and also transferable to other Hive-based blockchain apps.
By using the 3Speak platform, users and content creators get rewarded in $HIVE tokens and can receive donations in $SPEAK – 3Speak’s native token. The more $HVIE and $SPEAK a user holds, the more privilege and influence one has within the 3Speak ecosystem, including governance of the 3Speak platform itself.
PeakD ($PEAK) is another Hive-based experiment in web3 social. Based on the combined value proposition of decentralisation and true ownership, PeakD represents another platform seeking to improve upon the current social media status quo. Where PeakD is unique is in its myriad of earning possibilities it provides for users and content creators alike – including tips, advertising, referrals, and soon, subscriptions.
For anyone looking to learn more, here’s a great breakdown:
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Whether you’re a gamer, content creator, or general mover and shaker, there are myriad ways to earn with Hive. And while we’ve covered a few above, we assure you, Hive is abuzz with projects representing new and creative ways to earn online.
To keep up to date with all the latest Hive-related projects and earning opportunities, follow them on Twitter @hiveblocks, Discord, or Hive.Blog!