The Life Of An Angel Investor On Hive
O.k., before people critique the title too much, let me put it out there....What we have on Hive may not be exactly what the world considers 'angel investing' however to me, it's much better!
But before I get into my theories of it all, let me explain to you guys what I just did for the first time in like a year....
350 Hive, powered up....
Not a huge deal for a lot of people and yeah a bunch of us have been taking part in the Hive Power Up Days, but this is the most I've been able to power up at once in over a year. 2022 was a gong show to say the least for my family and I, and I actually had to power down last year.
I made the commitment though this year to myself, no more power downs and only up from here!
And there is a big reason why which I will explain in a minute...
So 350 more Hive Power for me to play with, earn from, curate with and....Delegate!
One of my favorite projects on Hive is.... @leofinance
I've been stacking LEO since day one and while I'm not a huge holder of it, I have a nice chunk. And one of the ways I'm building my stacks in LEO is by delegating to their curation project @leo.voter
Leo Voter is pretty special.
Not only does it do an amazing job of supporting the great content on Leo Finance, it also pays delegators around 16% APR in...LEO Tokens!
So it's a win-wn-win in my books. The LEO community wins because Leo Voter goes around and upvotes amazing content from the creators. Another win is that I'm getting around 16% APR in LEO tokens. But the biggest reason I believe this is a huge win....Token distribution for both LEO and Hive.
It all helps with decentralization!
So last night, I decided to up my delegation to Leo Voter....
Hardly a whale level delegation but again, it helps me build my stacks of LEO because...If you haven't noticed...This has been one of the most powerful projects on the blockchain for years now.
And here's where I bring up the 'angel investor' on Hive thing....
You see, we aren't all whales!
We may not have endless streams of income and crypto to drop around the community.
But what's amazing about this blockchain is that you can support the projects you believe in with delegation and then you are rewarded for it on many levels. If LEO wins, I win. Hive wins. Everyone wins!
But the biggest benefit to delegating on Hive to projects you want to support is that....You don't need permission to do it! There is no 'minimum' investment needed before you can delegate your Hive power. The benefits for doing it are countless in my opinion, and we never need to ask the powers that be, if it's o.k. that our little fish get to contribute.
That's decentralization in my opinion and that's why this blockchain is unlike ANYTHING else out there!
We all have our favorite projects on Hive. And remember, we can be rewarded for supporting them....And for supporting token distribution across the board as well.
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Posted Using LeoFinance Beta
