I am on Hive blockchain since 2018 when it was known as Steem blockchain and after the hardfork it divided into Hive and Steem blockchain. My purpose of this post is not to talk about the history but to assess the outcome of spending time and money on these blockchains.

When I started my journey on Steem, I purchased about 200 steem tokens at $500. Later spend more. I spend more than 7 years there. Now I have 3800+ steem tokens. But, value of these tokens is just around $510. So, my asset increased but value decreased. Steem blockchain was placed in top 100 blockchains once and now it is ranking 457. This is one of the worst joke that I have listened to.

Thanks to Hardfork, I received equal amount of Hive tokens. Compared to steem, I performed well on hive. Now I have more than 14400 Hive tokens and I am adding more through #powerups every month. Current value of my Hive token is around $3300. This seems great but wait, likewise on steem, I also invested on hive later. Despite investing money and time, I have nothing commendable on hive either. Hive blockchain is also slipping downwards. It is placed at 342 place. It means it is the 342th top crypto in the world. So, it is also losing its place and the crypto enthusiast are not welcoming it.

This is the sad reality of such social media based blockchains. Once weku chain came into existence and disappeared soon. They are not sustainable from the point of view of investors. This fact should be accepted and action should be taken to remove difficulties, shortcomings and mistakes. That may be good for these platforms.

Thanks!