Unleashing the Power of Meme Tokens with Hive’s Innovative Ecosystem
Hi guys, up until now, what most meme communities have are shills, don’t get me wrong, that’s okay too, but while shills May pump a token, it doesn’t sustain growth, neither does it spur contribution from everyone nor does it solve many human problems.
Something is lacking, the infrastructure to ensure value is shared through contribution and distribution. The understanding that value should be shared because it brings organic and sustained growth.
And the finance to facilitate the construction of such system, but what if I told you that it could be free, allowing more focus to be on re-engineering our minds to accommodate a new perception of how things could work and how to rethink how the laid down foundation can be a stepping stone to building something even more successful that has never been seen.
Enter Hive
Through Hives infrastructure, meme tokens and their communities can have a decentralized economy. They can have their own frontends like Twitter, distribute their own tokens through likes/upvotes to their community based on metrics designated by themselves.
Imagine Twitter but where meme communities like Floki, Doge, Pepe, Bonk, name it, all have the ability to distribute their tokens through likes, “so Bonks community handle drops a post on Twitter, everyone with a bonk wallet interacts with the post, and Bonks community handle begins to upvote them one by one with his BonkPower aka staked Bonk”
It doesn’t end there, every bonk wallet will also have this ability and will be able to “like” others peoples posts and distribute tokens to them.
Get it right, this is not “tipping” as tipping involves the tip being taken out of personal wallet and transfers to others, that’s tipping, this is called “upvote” because under the hood, the ratio of your BonkPower is proportional to the rate at which you can distribute Bonktokens which will be from the daily reward pool.
Imagine the ability to allocate $100 worth of bonk tokens to someone’s post through your Bonkpower, how about $1000? think of the possibilities, this changes everything, it gives the community life, think about all the meme tokens we have today, in their billions and millions of market cap, being able to do this, there would be so much abundance.
This is what Hive empowers! Imagine if half of what happens on Solana in terms of meme adoption is what is happening on Hive, the level of impact both on the level of technological advancements and on human lives will be one that has never been seen before.
Most meme tokens are just sitting in wallets, but imagine the giving them the ability to work, to earn, and to influence within a vibrant, thriving community. This paradigm shift from passive holding to active participation could revolutionize how meme tokens contribute to both individual wealth and communal growth.
The potential for these tokens to facilitate micro-economies where every interaction adds value is enormous. Communities could fund projects, support causes, or simply create and share wealth within a self-sustaining ecosystem. This is where Hive's platform shines, providing the tools and environment necessary for these dynamics to flourish without the overheads of traditional financial systems.
Moreover, with the integration of smart contracts on Hive, the possibilities expand further. Communities could create decentralized applications (dApps) that operate with meme tokens as the currency, incentivizing participation with a gamified approach that rewards engagement and creativity.
This not only breathes life into the tokens themselves but also fosters a sense of ownership and pride within the community. It's about turning meme tokens from mere digital collectibles into cornerstones of interactive and decentralized community platforms.
Imagine a future where the value of a meme is not just in its humor or virality but in its ability to mobilize resources, drive community engagement, and create real-world impact. This is the future Hive envisions and is actively building towards.
Thanks for reading.
images were generated with ai
Posted Using InLeo Alpha
Yes I like the idea. Hive is a great concept. I'm just concerned about the tokenomics, with unlimited total supply. This may be keeping price suppressed right now.
Unlimited supply is good if it is well allocated. What hive needs is mass adoption. Price will match up in time.
Thanks for your reply
I don't have my own token on here, so I can't really say how it works. But I am part of the PEPE community and I have a lot staked, and I think when I upvote a post, the author gets some PEPE?
I'm embarrassed that I don't know the details of how this works! :O
But for example, when I author a post on my @tokenfaucet account where I give away free HBD, Hive, LOH or PEPE - I am getting some "author staked reward for" and "author reward for"
Source: https://he.dtools.dev/@tokenfaucet?symbol=PEPE
I'm probably totally missing the entire point of your post! 😅
But I think maybe we're already doing what you're writing about on here, with the #pepe token?
People are buying and selling at https://hive-engine.com/trade/PEPE
and the chart is looking decent the last few weeks. And people seem to be earning tokens when someone up votes their posts, if I am understanding the screenshot above correctly.
The pepe community has an actual game with rewards, which is a bit like splinterlands, that players are currently playing on a testing website.
So it's not just gamification of getting tokens for engaging by posting, it's actual gamification with a community game. :)
I like what the PEPE community here is doing, and I hope we see other memecoins coming here. I want to see what they will do, and the PEPE community is showing what they CAN do, because they are doing it already. Again, that is if I understood your post. It's late here and I need sleep :D
Oh nice, I knew staking was possible, but I didn’t know it could also be distributed through upvotes, im trying to reach 1000,000, im currently 289k. I should perhaps stake it. So that it could be put to work.
You get the point. Nothing missing here
It’s lovely to realize this, it seems Pepe on Hive will be getting its own frontend soon then like InLeo.
This is very amazing to know. Thanks for highlighting all of this information. Now I’m super bullish on Pepe on Hive. 💪💪💪🚀🚀🚀
Same! 😃👍
You can get to a Million PEPE! I applaud your goal and I believe you will achieve it.
I see that you added to your PEPE and have over 305K now, nice! And you have it all staked.
Just as a little gift to you, I added 10% to your PEPE Stake. You now have 336K.
Wishing you all the best. Have a nice day! :)
Thank you so much you’re far too kind 🙏
Road to 1m Pepe closer now
I wonder how many meme tokens we have here on Hive.
!BBH
!PIZZA
Well I’m not sure but I know Pepe is here…and doing cool stuff according to the comment above
I also don't understand how PEPE works though I own a small amount of it through the recommendation of a friend.
It’s been pumping of late. Perhaps something is coming.
Glad to see TCMD's view on meme communities.
$PIZZA slices delivered:
@rzc24-nftbbg(2/5) tipped @mistakili