The Silent Game of Power: How Stakeholders Shape the Platform

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(Edited)

The influence of power can be seen everywhere; it may be on any platform if you have power. Your dominance is also that much more if I talk about these hive platforms. Here also if you have more staking, then you get a lot of power, as to which proposal you should vote for or not, or whether you should upvote or downvote any particular post, see, this is a decentralised platform, in which you can like or dislike anybody's post according to your wish, according to your power, some people have very less power but their aspirations are very high, but see, whichever powerful person is, they has also invested huge amounts here, due to this, there staking power is also very high. Some people are increasing their staking by working hard for many years and keep on going to this platform and you can also see its effect, if there is a person who comes to this platform and gets rewards and exits and then rebels, in such a case his reputation will increase a lot but see, his power and influence will be much less.

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Everyone wishes to have a lot of power, to get more power we have to work very hard, you have to invest, see whatever trending posts you see, if you look at their content, they are of a very different kind or are related to some project, if you promote a hive or bring any type of new project on the hive, then you get very good support. See, in any platform everyone wants that more and more people should promote it, yes some websites are already very popular, they do not need more popularity now, like you can take the name of Facebook, Whatsapp, Instagram, Telegram or any other famous website, there is no need to promote them, but the small platforms which are running well, they need a lot of promotion, and any multinational company which has become digital nowadays, spends a lot of money on its promotion, see, if you see any big company, then they make ads for their company's product and do a lot of other things too, but there are some companies which prove their dominance even without any ad.

Look, if you talk about Reddit, it has been running for a long time and it is still very popular, people use Reddit a lot and there are many different types of communities in it, you can join your community according to your choice, yes you will get content according to the community you subscribe to or join, but nowadays the opportunity to earn money has come everywhere and in such a situation companies are also increasing their revenue. See, Reddit has a very large user base, and they earn a lot from it. If I talk about hive, then the user base here is very less and yes, it is slowly increasing, but see, most of the people here keep withdrawing whatever rewards they turn on, due to which we have very less stakeholders. I have come here with a long-term vision. I will not say that I have never withdrawal till now, I do withdraw HDB from time to time because I have kept it as my emergency fund, but to date I have never withdrawn my money from hive power. A few years ago, I was buying some tokens by lowering hive power, but it was not a good experience for me, I had to suffer loss at that time, but still now my aim is that I can increase my power as much as possible and I will do it for maximum curation and support people through many different mediums.

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Although I work on a lot of projects, due to a busy schedule, I am not able to be that active, but still, I try to support new users or those who make good posts. See, if you are creating good content and keep talking to them and remain engaged with them through their comments, then you will get to see the result one day or the other. If you do not do this, no matter how good the content you create, it may be very difficult to get upvotes after seeing your post and if you are going through this situation, then I suggest you, you should participate in the contest and keep maximum engagement with people, whatever community you post in, it has a huge impact on your rewards, I have felt this personally.

If you have more power, then you have a different kind of influence and you can get any proposal passed or unapproved any proposal. As your power increases, your influence also increases. See, there are many advantages of increasing power, firstly you can upvote with your power, and secondly, on the hive power you get an average of approximately 3%, so approximately you get an APR of 11% yearly if your average increases from curation then here the APR can be even higher. See, the more your power, the more will be your influence and believe me, when your power increases, you start enjoying it more and you experience a different kind of happiness. This is what happens with me, I don't know about you. See, the cash power that comes with it, you should use it properly because there are very few people who use their power well. I have seen many such accounts which are very powerful, but they do not utilise their votes well; some accounts utilise them in a very smart way, which is a very good thing. What is your strategy?


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see you in the next post. Keep learning and keep exploring...

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Translated via Google Translator, The content is original.

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9 comments
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I’m still building up my power little by little, but I get what you mean—the more power you have, the more fun and impact it brings. I’m excited to keep learning and growing alongside others here too! <⁠(⁠ ̄⁠︶⁠ ̄⁠)⁠>

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This post has been manually curated by @steemflow from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

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100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @steemflow by upvoting this comment and support the community by voting the posts made by @indiaunited..

This post received an extra 20.00% vote for delegating HP / holding IUC tokens.

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People says Money brings power but in the Hive platform HP bring power. The more HP you have the more return you will get. To be honest investing in other token didn't brought benefit to me. So, I am stick with Hive rather than investing on other tokens. I am just a little interested in Leo token only.

!PIZZA

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Yes you are right brother both seems to be promising for now.

Good luck

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