Hive-Engine Support for Ecency Tokens

in Ecencylast year

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WE LOVE ECENCY

As it stands Ecency points can only be used on the Ecency frontend.

I wanted to make this post to pose a serious question about the Ecency points use-case.

I love the dapp and the token for its attainability and usability so it is a fairly easy to understand use-case but there is something missing.


Why arent Ecency points tradable and supported by the Hive-Engine exchange?

I have seen Ecency promoted content with users seeking to trade Ecency points at a discounted rate for HBD and HIVE on an honor based agreement lol RED ALERT!

This could open up to new users being scammed and I would be suprised if it hasnt already happened.

I just feel like it would be a stellar progression for ecency points to be tradable on hive engine giving users a safer way to make trades.


What do you all think?

Please let me know in the comments if you think this is a good idea or if I am just causing problems for the developers of ecency and hive-engine by bringing this up because I dont want to step on anyones toes!

I am probably just 100% confused about the nature of Ecency points and maybe they arent even cryptocurrency to begin with IDK but I would love to hear your thoughts and learn something new :)

Thanks so much for stopping by and reading! my graphics were made at canva.com

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I don't really use Ecency so I don't really know much about how those points work but I've heard a lot of people collect them so it could be a good thing to have some interoperability with Hive... I have no idea if that's possible though or what would be the consequences.

Posted Using LeoFinance Beta

#Ecency Points are pegged to 1 HBD (Hive Backed Dollars, not US Dollars) per 500 Points, and you can earn at least 100 Points daily (0.2 HBD) by commenting up to 15 times and posting at least 1 time per day.

I don't know what could happen to its price if it becomes a Hive Engine token.

Cool, I did not know that. Thanks for the info

Posted Using LeoFinance Beta

Yay! 🤗
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Hey @tfranzini Thank you for your input! I have been using Ecency since it was called Esteem and the points are used to boost your content with an upvote or promotion on the Ecency frontend. It is a great platform for giving us a way to tokenize all of our engagements on the blockchain!

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