If you are anything like me (and lots of other crypto people) there is nothing better than earning passive income. Making money while you sleep, work, play, take vacations, etc. is one of the greatest things there is in the cryptosphere. It's a fairly well-known fact that the vast majority of millionaires have not just one or two, but seven different income streams. It's almost impossible to have those different sources of income by physically working. There just isn't enough time in the day. Obviously, you need your money to be working for you at the same time you are working for it.
One of the best ways (quite possibly THE best way) I've found to do that in the HIVE ecosystem is owning #UTOPIS.
@chronocrypto is madman when it comes to creating value for his project. He has spent the last couple years building:
"an extremely bulky project extending to various projects all over HIVE with a competitive coin price that pays out outstanding dividends."
....and he seems to have been very successful in doing just that. And he's not done yet.
Every Monday I look forward to receiving my HIVE dividends from simply owning UTOPIS.
This is not just a token dividend either. Last week I received over 20 HIVE, again, simply by holding UTOPIS. That's roughly $12/week and that's at these prices. Personally, I think HIVE will be worth substantially more in the months ahead so just this one dividend could be worth substantially more down the road. And this is EVERY WEEK!!
But that's not all. In the last couple weeks he has invested in other HIVE tribes and is now paying out dividends on those as well. Here are last week's "drips" from simply owning UTOPIS:
Do you like Play2Earn? I'm getting APE, SIM, and SPS (which continues to blow up right now).
Want some other HIVE tokens that pay their own drips? I'm not only getting ARCHON but then ARCHON is paying me drips on other tokens. Interest on interest. Dividends on dividends.
Thinking about possibly creating your own token or DAPP at some point? You'll need BEE. Guess what? I'm getting BEE as well.
STEM and CINE are bonuses at this point and there will probably be even more down the road. A veritable cornucopia of tokens from around the HIVE ecosystem entering my account every week while all I do is.....nothing. I simply own UTOPIS.
@chronocrypto has also just implemented staking which means, according to this post on the UTOPIS Discord Channel,
you will share an additional 10% in divs with other stackers on top of the regular divs.
It just keeps getting better.
Check out his latest post detailing some of what I'm talking about here.
Anyway, it's your money, but as I said, if you're not looking into UTOPIS, you should be.