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HIVEHUSTLERS: An Active and Exciting Community of Entrepreneurs

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Mol.Bio.Guy
@huitemae
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I am thrilled to share that over the past couple of days; I have invested in the HiveHustlers project. I always feel slight discomfort when I say “invest”  because it can mean many things to many people. Below, I will set out what I did, how and why.

Every once in awhile, I like to trawl through the list of tokens available on Hive engine. Most of the time I do this to identify interesting trade opportunities, sometimes it is for some entertainment.

When exploring the Hive-engine market place, I stumbled upon HiveHustlers and their two coins: HUSTLER and HUSTLERM. These two coins belong to the same project.

HUSTLER (also called Hustler Dollar) is the native token and HUSTLERM is a mining token that, when staked, earns HUSTLER tokens (more on that below).

Who is #hivehustlers? As stated by @HiveHustlers: "Founded by @nulledgh0st, HIVE Hustlers is a community for entrepreneurs, by entrepreneurs. A place where HIVE members can network. Learn, grow, and exchange ideas. A place that you can call HOME!”.  @nulledgh0st founded this community of entrepreneurs and continues to drive the development and growth of this community.

HiveHustlers piqued my interest, which led me to buy ~ 88,000 Hustler dollars on June 24th. I don’t recall the exact price but it varied on that day (hitting a high of only 0.0001099 HIVE a piece). What I can tell you, however, is that price has increased since that time. It now stands around 0.00019, nearly a two-fold increase since I purchased my stake. The pleasant news is that this project has only just started. Their website is under construction and their team is actively building the project. The team is still working to implement a use case for the Hustler dollar, a prospect that is likely to spark further interest and growth for this community of entrepreneurs and developers on HIVE.

In starting or deepening a commitment to the project (i.e. invest), one has to ask: what is the best way to get involved? At HiveHustlers there are several ways:

  1. You can buy HUSTLER dollars from HE and keep them. They are fairly cheap and as long as the community remains active and a robust use case drives demand. You could stake the Hustler dollar coins, but at this stage, I do not know the yields it has. I may stake 25,000 coins to find out.

  2. You can buy and stake HustlerM tokens. These tokens generate an income (roughly 2.5 Hustler dollars/ per HustlerM). Now, the direct returns in HIVE are not that great (Hustler dollars remain way cheaper than the miner coins that sell at 0.95 HIVE per piece), but if you believe that the Hustler dollar value will climb, it may not be a terrible option. Further more, the community has a “power-up” event every Sunday, where you can buy 4 HUSTLERM tokens and receive 1 for free.

  3. You can delegate HP to the @Hivehustlers account. As HH votes and curates content, you vote. Besides the curation rewards you receive, they will reward you with Hustler dollars.

Most likely, there will be many aspects of and activities within the @hivehustler community that I have not touched upon. I can only advise you to check updates from the @hivehustlers account and visit the community discord channel: https://discord.gg/28gu89b.

I am convinced that upon learning more about this project, you will seriously consider buying into this project in some way.

Originally posted on The Beerologist. Hive blog powered by ENGRAVE.