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Don't miss the Passive Play2Earn earning opportunities on Hive

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creativevoice
@uyobong
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4 min read

One beautiful thing about life is the varieties it offers us. This gives relevance to the power of choice, else, we all would have been like robots. Variety and diversity is a feature of every community which knows how to harness them for common good.

“The beauty of the universe consists not only of unity in variety, but also of variety in unity.” - Umberto Eco source

Gaming Dapps and related business organizations are building and growing on Hive on daily basis, and they present to us several investment options that help us participate in the gaming economy in the cryptoverse. These participation come in different ways - active or passive.

Earning from blockchain games on the one part requires active participation in the gaming tasks to earn related tokens as rewards. On the other part, there is the "lazy man's approach" to earning from blockchain games and that's by investing in the gaming tokens to earn passive rewards.

Investopedia defines "Passive income" as money generated from an enterprise in which a person is not actively involved. Passive income is also used to explain money being earned regularly with little or no effort on the part of the person receiving it. Examples include property rental, equipment leasing, and limited partnership interest. With Hive games, games present us with several passive earning options including:

  • curation rewards
  • staking rewards
  • Liquidity rewards
  • HODLing rewards

The proponents of earning passive income tend to be boosters of a work-from-home and be-your-own-boss professional lifestyle. This is an awesome way of earning. it's fun and exciting. Passive income has been a relatively loosely used term in recent years, especially with the advent of cryptocurrency.

ONEUP Curation Rewards

ONEUP is a hive-engine token
that powers the 1UP outpost community, dedicated to blockchain gaming contents. All that is required is to buy some ONEUP token in the market and stake same to be able to distribute ONEUP rewards to posts created in the community or with #oneup tag.

Interestingly, there is a @curation-cartel gaming investment guild that allows participants to delegate their staked ONEUP token to a dedicated account that is used for manual and optimized curation. The delegator then receives a liquid ONEUP reward daily. This option pitches the participant to earn curation reward daily with no effort except for a 5% fee.

Presently, the @curation-cartel operates about 16 hive-engine tokens as shown in the screenshot above.

SPT Staking and Curation Rewards

Splintertalk is a hive-engine outpost dedicated for Splinterlands contents and is powered by SPT token. You don't need to play Splinterlands to earn SPT. All that is required is to buy SPT from the market and stake same for curation. Presently, SPT curation fetches about 30% APY in returns.

Additionally, Splinterlands presently give out SPS airdrops to holders of the SPT token. All you need do is have SPT in your Hive-engine wallet and it's counted for daily snapshot and SPS distribution.

SPS Staking Rewards

SPS (Solintershards) is the governance token for the Splinterlands game. To earn more SPS passively, all that is required is to stake SPS in the Splinterlands game vault and you receive about SPS tokens to a APY of 29%.

DEC HODLing Rewards

Just Hodling DEC in your Hive-engine wallet qualifies a user for daily SPS airdrops.

Liquidity Rewards

There exists several liquidity pools for gaming tokens such as SPS, SPT, ONEUP, DEC and more. All a participant is expected to do is provide liquidity to the pool via Tribaldex and start receiving daily liquidity rewards.

Remember, you don't need to technically and skillfully play blockchain games on Hive before you enjoy passive earnings that abound. Leap into any of the above and smile to the bank.

Join Hive Here and start a new work!

What is Hive?

Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source

What is Hive-Engine?

Hive-Engine is a smart contract platform on top of the Hive blockchain. It allows communities and businesses to build their own tokens, which are then built on top of the technology provided by Hive. This is the ultimate layer 2 solution. The token created on Hive-Engine is then immediately tradable with Hive on their exchange.

About me...

I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.

I am your favourite Hive Tribes Promoter and Curapreneur! I am @Uyobong. Let's connect on Twitter