Hi Hivians
I attended a Hive meetup two days ago i.e on Sunday and it was so cool to reconnect other Hivers after a while and learn more about the platform. We dived into some really interesting topics, like compounding, staking, and delegating tokens. And, of course, we talked about our goals on Hive. I'm excited to share my thoughts, findings and plans with you.
Compounding is like a magic trick for your money. It's when your earnings generate more earnings, and it just keeps growing. For example, if you have a savings account or invest in something that earns interest, the interest gets added to your principal amount, and then the next time, you earn interest on the new total...hmmm interesting.
Staking and Delegating
We also talked about staking and delegating tokens, which are crucial for the security and governance of blockchain networks. Staking involves locking up your tokens to support the network and earn rewards, while Delegatinglets you assign your voting power to someone else, like a validator, who will participate on your behalf. It's a great way to contribute to the network and get rewarded for it.
My Goal
When we started discussing our goals on Hive, I was a bit stuck. I couldn't think of anything at first because to be honest, I've never thought of setting a goal for myself as a Hivian but then I took a moment to reflect, and ideas started flowing. It was like a light bulb went off in my head.My goal is to help expand the Hive community and make it more accessible to young people.
My Short-Term Goal: Expanding Hive and Onboarding Young People
In the short term, I want to focus on helping more young people join the Hive community. I believe that blockchain technology has the potential to change the world, and I want to be part of that movement. By introducing Hive to my friends and peers, I hope to create a ripple effect that will attract more young people like me to the platform.
My Long-Term Goal: Saving and Building Wealth
In the long term, my goal is to save and build wealth using Hive. I know it won't be easy, but I'm willing to put in the work. By consistently creating valuable content, engaging with the community, and leveraging the power of compounding, I aim to build a sustainable source of income that will set me up for financial freedom.
These goals matter to me because I believe that Hive has the potential to make a real difference in people's lives. By expanding the community and onboarding more young people, we can create a more diverse and vibrant ecosystem that will drive innovation and growth. And by saving and building wealth, I can secure my financial future and live the life I want.
Attending the Hive meetup was an incredible experience, and I'm excited to start working on my goals. By expanding the Hive community, onboarding young people, and building wealth, I know I can make a positive impact. I'm looking forward to seeing what the future holds for Hive and its community.