Valuing Your Time on Hive

in LeoFinancelast year

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If you placed a dollar value for each hour of your time on Hive, do you get enough rewards?

It's possible some people do, there are certainly people here who make a full time salary from their Hive activity, and especially in places with lower cost of living than mine.

Personally, I would need Hive to increase in conversion to USD by a heck of a lot for it to be close to "worth while" speaking purely financially. So why do I do it?

There is more to being part of Hive than pure rewards

You might note a key word or two in that line.

One is the word I chose for your activity here ... Part. As in, you are part of Hive, not just a writer, commenter, curator or developer. It's more than that.

Being part of something is in my opinion already more rewarding than simple dollars and cents. Heck, on the negative, it is how cults rope in their victims!

Perhaps I shouldn't continue that line of thinking too far, ha. No, Hive is not a cult, but it is a society in a way. A community for sure.

Daily Practice

I have mentioned this many times and I will keep on talking about it to anyone who will listen. One of the major benefits of being on Hive is actually one of the hardest parts of Hive.

What is your writing streak looking like?

Would you like to be able to write more quantity, more regularly, more consistently, with higher quality?

In a way, writing is like running, at some point you only get better by doing it, putting one foot in front of the other. In running you need to put in the miles, and where writing is concerned you put in the words. One after the other, every day.

For my own practice, I aim to put in at least 500 words per day but I like to do more. That is just articles, there are also comments, emails, tweets, slack messages, discord and so-on.

Community

This leads me to the community aspect. Through writing and commenting you start to get to know people in each niche that makes up the overall Hive community.

Of course, there are disagreements too, there would always be people who you don't see eye to eye with in any large enough group of people from different walks of life. Thankfully, unlike some of the big names here, my issues have been small.

Conversations go from comments, to threads, and sometimes over to Discord and other groups. Apparently this is where the real magic happens in terms of projects and deals but as yet I have just had more conversations.

But what about the money, though?

Here is the thing with the financial side, as I have outlined elsewhere, the content I write here on Hive is often syndicated to my own websites, which in turn earn me much more than Hive could make me unless it really does 100x!

While an article on Hive might make a dollar if I do well with upvotes, the ads and affiliate links on my websites, using my own Hive content, can make me hundreds of dollars a month every month into the future.

That is not every article, for example this one, but it is still another reward for participating.

Conclusion

Hive is more than "put words in get money out", it is a community of people building something. Sometimes it is better to think in terms of the habit and the practice than transactional, but also look beyond the pre-defined path for value outside the box!

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Agreed! The value I receive from the time I invest in Hive is far more than the financial aspects. For me the community is the reason why, out of the various blockchains I have accounts on, Hive continues to be my daily driver. I will occasionally go and create and curate on other chains. In my experience, nothing beats the community and dApps, and people, and fun of Hive.

Yeah and strangely the rewards being low right now seems to have helped the community feeling

That's because the people that are just in it for the money leave during the bear market. lol The ones here now are the "true believers".

Posted Using LeoFinance Beta

So we need a bit of a bull market but not too much 😁

I just wrote an article on almost the same thing. Not as eloquently as you did, but hopefully I at least got my point across. lol

Posted Using LeoFinance Beta

I’ll check it out!

Although I've done well from Hive I think my hourly earnings are pretty low. I have fun on here and have made a lot of friends. That has value for me. I think you get out what you put in (not just in terms of money).

I just found you via my queries for people in the UK. Did you change your location? There are a few others up your way on the #Britlist. You may want to look at organising a meetup.

!PIZZA

We moved from Canada back to the uk so I only just got around to changing my location yeah

Cool. You'll be on the Britlist next month. Need to get the UK Hiver numbers up this year.

!BEER


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