Undiscovered Gem: Hive Is The Most Valuable Digital Real Estate

With new technology comes different ways of looking at things. For those who are on board early, adjusting their viewpoint, they can really profit. Unfortunately, most are stuck in the old paradigm which tends to leave then trailing in their understanding.

We all heard the term "digital real estate" but what does that truly mean? How can we incorporate this concept into our thinking to better understand what is unfolding? At the same time, is this something we can benefit from?

Sadly, it appears we saw the same mindset applied to digital real estate. Most approached it as something to invest in, to flip for profit. The NFT craze really epitomized this.

If one truly wants to grasp web 3.0, it is best to see how digital real estate enters and why Hive is a massive opportunity.

In this article we will further explore the future potential of Hive and why the article detailing $100 HIVE was misunderstood by some.

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The Evolution Of Real Estate

When you hear the term real estate, what comes to mind?

This will obviously vary from each individual. However, the starting point of this conversation is land. This is something that does not pop into the minds of most since we live in areas that are already built out. Yet, all real estate, including the likes of New York and Tokyo, started as land.

From there, people built on it. This is important to stress. We often discuss the idea of building on Hive.

The raw land was cleared, utilities put in, and buildings constructed. Depending upon whether it was commercial or residential, we saw homes, offices, and stores erected. The former obviously allowed people to have shelter.

Commercial real estate is very important because it allowed individuals to start businesses. This is where we see economies jumpstart. While real estate is traditionally a large part of the economic productivity, the establishment of other businesses is crucial.

When enough builders get together, what happens? Villages and towns form. Over time, as more people flock to the area, growth continues until it becomes a city. New York did not start with 8 million people and every inch of land housing some structure. Yet, over the last 3 centuries, this is exactly what happened.

Hive As Digital Real Estate

Hive is some of the most valuable real estate there is. It is fertile ground conducive to the growing of food. There is an abundance of natural resources. We also have gorgeous views of the ocean.

This is what technology in the digital realm does. It makes the "land" the most valuable. How often do we see the idea that the best technology doesn't win thrown out? Aside from the fact that, while true, it is not the norm. The best technology usually wins. If we internalize the concept of digital real estate, we can see how Hive keeps moving towards pristine.

Does that mean a oceanfront lot is more valuable than one in a downtown neighborhood with a 50 story skyscraper on it? Of course not. Here is where the development and building enters the picture.

Raw land only goes so far. After that, it is up to the structured erected along with the businesses that occupy them. This is what separates New York City, Tokyo, and London from most everything else. El Paso (Texas) might be a thriving city yet it cannot compare to what these others offer. The land itself is only a small piece of the equation.

Hive Is For Builders

How many times have we talked about people, i.e. entrepreneurs, coming to Hive and building on it? At the same time, what is the percentage of deaf ears this fell upon?

If people understood the concept of Hive as digital real estate, they would see why it ranks where it does. The land is pristine but the construction is still lagging. Obviously, this impacts the economy since there are few businesses.

Ethereum, on the other hand, is thriving in this regard. That economy is fantastic. The only problem is they built it in the middle of a desert. Of course, Las Vegas proved that desert cities can thrive. Yet, in our analogy, Sin City is far below the likes of NY, Chicago, SF, and Los Angeles.

We often state how Hive is a hidden gem. Again, using the real estate mindset, we know what this means. The Internet is filled with articles discussing different towns or cities that are hidden gems in terms of the quality of life. Over time, some do get discovered.

This is what I believe will happen to Hive.

People who decide to build on Hive are planting their stake in the most fertile ground there is. When Blocktrades talks about the technology being far superior to what is in blockchain, that is telling us what we are tapping into.

In other words, this is the foundation upon which all else can spring.

Would you rather hold land in St. Louis or New York City? At the moment, the leader in cryptocurrency is St. Louis, yet in the long run it will be outpaced.

Look At Hive As A Town

People need to stop looking at blockchain as an investment. Certainly it has that component to it as does real estate. That said, most of the population does not get involved in real estate for speculation purposes. Instead, they utilize it as shelter and to house their business. This can come in the form of ownership or through the rental market.

Hive is a metropolis in the making. Right now, it is a very small town. The real estate (raw land) is abundant since not much was claimed. Nevertheless, for those who have the vision and are willing to work to make it come true, they are starting to build their businesses here.

Make no mistake, anyone with a Hive account can think of him or herself as a business. In fact, if one is to be successful, that is the best mindset to have.

What will it take for Hive to be successful? Obviously, it requires a lot of building. This means we need businesses that generate economic output. It is vital to get the Hive economy flowing.

Stop Looking At This As An Investment

Who made New York City famous? Name the one who put Miami on the map? How about Buenos Aires? Tokyo? Madrid?

While certain areas are often associated with a founder or settler, rarely is it identified with just one person. The same is true for most businesses.

Who is behind Nokia? Kyocera? Home Depot? HSBC?

Some feel Hive is not going to succeed because it lacks the "face". Here is where people make that viewpoint clear. To them, this is nothing more than an investment meant to be pumped, i.e. price. The concept of digital real estate, building, and economic activity never enter the equation.

This is all going to change. Elon Musk is going to force this down the throats of everyone with his approach to Twitter. As we stated, he has the goal of making Twitter the largest financial institution in the world. To him, it is far more than a social media platform although that component is vital because it is the feeder system.

Musk understands that Twitter can become a digital platform with its own economy. This is what TikTok, YouTube, and Facebook are lacking. It is far easier for Musk to incorporate shorts into Twitter than it is for the others to develop an economy. The latter is a result of not even focusing upon it.

When we look at the blockchain world, where do we see this same potential? Quite simply, the only real estate that can truly house this is Hive. It is the most pristine real estate to build upon (technology) and incorporates something that most do not: decentralized immutable text storage at the base layer.

With Hive, we are not in Kansas anymore.

There is a lot of open land available. This will not always be the case. It is time for builders to step up and start erecting the town.

As for the face of Hive, remember that Apple was a niche computer company with poor stock performance for decades. In spite of having Steve Jobs, it was a nothing company until the IPhone emerged. Then it exploded.

Hive is niche but it will be the development that turns it into something much bigger.


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I was listening to a podcast about a blockchain game doing well in South Africa, keen on which blockchain it is built and the moment it mentioned Ethereum, I was done with the podcast.
With the kind of use case, I get on Hive especially transaction cost-wise engaging with other chains which will cost me more is a turn-off.

It tells me how fertile is and I very much agree with relation to this article.

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This is me now as well.

When someone is talking everything good about an NFT game or token and they say it's in Ethereum, I am automatically turned off.
I will not want to put up with their insane gas fees anymore.

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Easy to get priced out with the fees on there. Even down, they can add up when doing a lot of activity.

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Sometimes, gas fee is even higher than the amount that you want to transact.
Insane

I will not want to put up with their insane gas fees anymore.

Imagine responding to your comment and I have to pay gas fees, I would want to save my ETH lol.

Hive is very undervalued but it's okay, we shall keep building and getting stronger.

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Exactly. But now that I have enough HP, I can reply to comments all day long.

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Lol me too!

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Very difficult to operate on Ethereum due to the fees. This is really something that developers will end up considering over time.

Those who actually want users will have to opt for something else.

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Excellent point of view man. Now, I can't stop thinking HIVE as a land counterpart. It all makes sense. More businesses to come here when more developers and entrepreneurs are able to build on opportunities here.

We all heard the term "digital real estate" but what does that truly mean?

I personally rent out my extra RC to my fellow Filipino Splinterlands players... for a price, of course. I need to hedge my risks against HIVE price increase/decrease.
I've always wanted physical real estate properties as investment since they generate passive rental income.
But now that I am 8 months in Hive, investing in HP is more viable and profitable than real estate like condo for rent.
I get returns with my RC for renting it out, yet I still get the vote value of my HP which increases my HP.
Investing in HP is a no brainer for me.
I get higher returns compared to physical real estate properties. Even on a bear market or long crypto winter like right now.

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A lot of ways to enhance our return on Hive. That is the exciting thing.

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I like your perspective on Hive. Glad I followed you.
I've been learning a lot from your daily posts.

I was actually having a really good conversation with someone just this morning about some of this. I am going to write a post about it tomorrow I think. A couple of weeks ago you or someone else really got me thinking about my Hive account. I actually started to create multiple accounts. If Hive gets big, I could see us going through something similar to the early .come days with squatters picking up domain names. I wanted to ensure my brand stays my own, so I started creating multiple accounts all tied to my username and my real name. I may still have a couple more to grab. It might be foolish, but right now it makes a lot of sense to me.

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Oh yeah this is a great idea. Hmmm

Just to secure the username, right?

I actually bought additional 5 spellbook codes in Splinterlands so I can secure 5 more usernames here in Hive network haha

Maybe I should buy more.

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Yeah, I don't even care if I lose the keys and I can never use the account. I at least know that way no one else can either!

You can but to me that is scarcity thinking. We are in the age of abundance when quiveling over a few hundred dollars on a username is not worth it.

There will be trillions (if not quadrillions) created in crypto.

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Wow! I love the analogy. The fact that anyone can create a Hive account for free now is a great opportunity indeed. Imagine, giving you free access to a future metropolis in the making. Perhaps, a day will come when such free access will be closed.

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Exactly. I remember there's a point in time where you can just claim your land in Las Vegas for free. Just have to build something in that land and it's yours.

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Wow! It's good to know that such a story really happened even in the physical real estate market.

!PIZZA

!CTP

Yes you can claim your land. However, unless you do something, the land is not going to get you very far.

That is where you need to start clearing and building.

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I know of some professional squatters who build small "houses" here and there and then sell the land later to buyers. I wonder if there is a counterpart to that in the crypto space. Just my wild thought. 😅

!CTP

Make no mistake, anyone with a Hive account can think of him or herself as a business. In fact, if one is to be successful, that is the best mindset to have.

Thank you for teaching me this lesson in a previous post of yours. I experienced a paradigm shift back then and my perspective changed on how I see Hive.

I think many people are just focusing on a subsection of Hive because that's what we mainly see and understand but Hive is really way more than that.

There are lots of ways to look at Hive. We have a lot of different niches that are forming. This applies to both features and focus.

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Rep83, that’s real

I think treating a Hive account as a business sounds like a good idea. From what I see, we are all earning even if we aren't actively offering some business. We got diesel pools, curation, HBD, and many other ways to invest.

As for Elon and Twitter, I think it's just too far off and I know he wants to make Twitter another WeChat but I don't think it will work out. He has stated that he wants to pay more than Youtube but I think that is tough without an ad network to fund the payouts.

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Yes well investing is a great approach too. Of course, that is akin to investing in the stock market using funds earning by working.

That is a fine option. However, we know building and owning something is key. That is what Hive offers in my opinion.

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The real estate metaphor is a great model to keep in mind. I'd rather HODL a family farm for generations than flip houses. Not as sexy, but if you show up every day on a farm, the value builds. !BEER

True. But what if you keep building, updating, and adding to your house/farm?

That is the mindset.

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Yep. Crypto needs more metaphorical barns, orchards, etc. Stuff that yields fruit in years, not days. !CTP

Does that mean that having an hive account can be compared to having a landed property that increases in value over time ? Also , all content shared by owners are some sort of valuables too that keeps increasing in value as well?

There is that potential. Some like to claim that a Hive account is in itself a NFT. There might come a time when accounts get sold. Think of the value contained in it.

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Wow!!! That’s really deep and absolutely possible!!!!

People in Crypto need to think long term and get rid of the idea that 2 years is a long time. That is nothing if you want the riches at the end of the rainbow as the plan has to be 5-10 years.

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A decade is a lifetime to the thinking in crypto. Long term thinking is crucial.

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You have open my eyes more on what i should look at on hive. The illustration you used about real estate is a perfect one. No town without land, no house with out land. Building a big business takes a lot of time and effort. As for hive, it is built for those with right mindset of building a great future.

Glad you found it helpful.

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Sure, i do

!HBIT
!MEMES
!LOLZ

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