Absolutely, its all about the incentive structure at the moment there's loads of money to be made in those platforms the issue is as more people race in they drive deflation and saturate the market lowering returns for many who will then look for something else.
At least with HIVE, I am earning now at a premium, if a lot of users come in to compete for the reward pool yes I'll be drowned out but the portions I've earned so far will be worth more. We all share in the productivity of the platform
Posted Using LeoFinance Beta
Yes and you have many options to choose from @chekohler.
So, to use your term, you might be "drowned out" on Hive but standing out on Leofinance. Each puts tokens in your wallet, although one might put more and end up being worth more in the long run.
This for the same effort of posting an article. Add in a few other tags that get you into your favorite communities and a few more tokens might be following.
Over time, it all adds up.
Posted Using LeoFinance Beta
It really does. I think the wrapped token party is only getting started. This is all open source software. There's nothing stopping the other HE projects from following LeoFinance's lead. It's actually in everyone's best interests that they do.
Posted Using LeoFinance
Ironically, Leo just followed Hive's lead. They just were able to get community support generated behind the project and people jumped on board.
Posted Using LeoFinance Beta
Absolutely, but now that say LEO is on ETH, there are more things they can do, like listing on DEXs, CEX's, hot wallets, cold wallets, be used with dapps and that all drives demand for the token outside HIVE meaning those of us who mint it by using LEOfinance need to supply that demand :P
As more people come, the value of hive goes up and you will need to earn less hive to earn the same dollar amount.
Your stake though might be worth a fortune.
In that case I'll keep adding to my stake, also as people are pulling out to go farm my stake can earn more in curation so I am not complaining
Absolutely, in the end we all benefit. We just need to realize how we can make the best of it.