This is one of my favorite articles to write over all of them. While I enjoy them all this one is designed in a way to be a little more relax and what I feel is supporting applications and new people on hive.

If you're new to hive (in the last year) drop a valuable comment below and I'll be sure to drop you some support. I always want to focus on those who are staking and integrating themselves as part of the ecosystem.

That being said let's get into what's new with the $HIVE blockchain for the first week of October 2024. It wont be long now until the end of the year.

As always let's start with price action on the token...

Price action over the last week hasn't been as bad as most cryptos during that week. The markets took a pounding and hive is this weird crypto that kind of does it's own thing and seems to rally at random times and sink at random times but often does decent during hard crashes or major rallies.

This current price point put's us back to where we were about two weeks ago. So I'd put that as a rather steady price as of late.

Outside of that I have to say Hive is the only real social-fi platform that actully makes any effort a bit worth wild in terms of earnings. Sure there are other social-fi platforms but you either pay fees, have to buy their token first or are worth less than 1 cent each.

If you're not already using the hive blockchain I encourage you to do so. The easiest method of getting started is through a hive app called InLeo

It's going to be interesting to see what hive becomes in 2025. I don't expect much change for the rest of this year for many factors but come 2025 we should have another solid layer two solution which should open up hive to a lot of defi and smart contracts which it's been missing.

Let's jump into the goals now. This section of the article I do for two reasons. One it's to hold myself accountable and just get an overall view of how I did but also it's to show others what is possible with consistent work for now 8 years and building community and connections.

Goals

$HIVE

Goal: 250,000 Current: 118,474

Week over week we added another 415 hive which comes out to roughly 59 hive per day which is still below that 100 a day goal but for sure is moving it's way up. In order to hit that goal I either need to make more in author rewards or I need to have around 300,000 hive at current prices to earn it on curation and interest alone.

HBD

HBD is still moving along strong. Mainly the only time HBD is going to matter right now is if Hive ever goes back towards $1 levels in which case the HBD payouts from author rewards will be much higher. Right now the values are so low that it really doesn't make much of a change at all. For now It's just stacking season on it and spending it in various ways on things I believe will beat the 15% APR.

$LEO

Goal: 150,000 Current: 147,253

Week over week we added another 387 Leo that was powered up. That comes out to be around 55 LEO powered up per day. At that rate we are well on our way to being at goal in the next 49 days or a little over a month which is why I'm putting this at for sure hitting the target by mid November at the moment. However I will be making a move here soon that will push that even faster and then start to build into DeFi in a rather strong fashion.

The biggest issue I have with LEO however is the massive amount of buying that's happening yet the price just wont move above $0.03 and has recently even shown signs of moving to just $0.02. This for me is losing more and more confidence unless the team starts to build systems to increase the value of LEO I think it's going to be in real trouble soon and people will move on.

If your token doesn't hold a value then good luck trying to get people to constantly use your platform.

Splinterlands

Splinterlands at the moment is on middle ground for me. While we have already done a lot of help Splinterlands it seems like they keep constantly asking for more and more instead of correcting their expenses. If they don't correct their expenses and where all that money is going this game is doomed to fail.

The most recent request for yet another nearly $200,000 for one developer for a year put me on edge. If one developer gets put on the DAO then it wont be long before all the flood of other requests come in for all the other devs.

This would strain the DAO greatly and most likely remove its coffers and we will be worse off than we were in 2022-2023 when the company had to downsize drasticly.

The DAO in my opinion needs to start investing and building passive income in order to start paying for these things and only then should it be done. It blows my mind that the company legit blew threw millions of dollars in the last bull run to be were we are today with pretty much nothing. It was a gross overspending and raping of the company funds and I'm currently star

ting to see that repeat again with the DAO. Granted to say I voted no on that proposal and I hope to hell it doesn't pass. My reason for it not passing is more the business side of me over what other people are focused on and that's that land wont provide value (when that fact is that's VERY wrong) Land would provide a ton of value in terms of trading/swap fees being generated, new sinks, new assets and the whales of the game burning and investing money into their lands to get them up and running. That means less cards in circulation, more DEC being burned and most likely SPS being burned to get DEC or cards being burned to get DEC. All very positive factors for the health value of tokens.

Posted Using InLeo Alpha