Posts

Buying Tribes Tokens (LEO / PAL / NEOXAG)

avatar of @mitty
25
mitty
@mitty
·
0 views
·
3 min read

Since the Steem Tokens arrived, I have been using some Tribe Tags to test them. I've tested many different tags and some of the Tribes seem already abandoned. (LifeStyle, Marlians, Tunes: are you alive?)

Now the dust has settled a bit, I am starting to trade some of my Steem earnings for the 3 tokens that appear to have more use.

1) Palnet started with a loud bang but PAL seems to be losing Steem.

Palnet is open to any content and you can use https://palnet.io as a SteemIt replacement.

I don't know if Palnet will survive but the Discord Channel is full of people. The token has dropped so much that I'm going to buy a few tokens. Most people I follow are using this tag and if the Palnet team steps up their game, this might be a good starting entry point.

I wish the Palnet team finds some ideas to make people use Palnet more. From the 3, this is the investment that attracts me the less.

2) Neoxian City appeared a bit later and the price of NEOXAG seems to be holding better than PAL.

The Neoxian City Tribe also accepts every kind of content and the community seems to be much more active than Palnet. If you go to their site (https://neoxian.city) you will see that they have a lot of contests for the community. I think this helps the price of NEOXAG a bit.

I will buy a few NEOXAG tokens for sure since they seem to be doing a good job promoting it and giving incentives to their members.

3) SteemLeo was created to serve a niche and the price of LEO has been performing much better than PAL and NEOXAG.

Steem Leo only accepts posts related to Investment. It can be Investment related to Steem or not. So you can talk about Stocks, Gold, Bitcoin, Oil, Interest Rates, whatever. This is good because when you are only interested in Investment and don't want to see all the other stuff being posted in Steem, you can do it by using SteemLeo. This filters all the blockchain and only shows you posts about Investment.

There is a constant process of burning LEO tokens to make sure the price doesn't tank. To me, this makes LEO the most attractive of the 3 tokens.

The 3 Charts were grabbed from SteemLeo's Discord.

This is my first post through SteemLeo and I would like to see the editor evolve a bit. Right now it's an exact copy of SteemIt, which is not a good thing. It's a long way from the editors of Busy.org and SteemPeak.com and it's very boring to use. If the team can update the site and make it better than SteemIt, I'll use it a lot more. Right now, I prefer to edit this in SteemPeak.com and use Copy+Paste to submit the post in SteemLeo. It's not ideal, but it's better than using the native editor.

I hope I don't regret buying these tokens, as I regret spending my BTC in stupid Alt Coins and failed ICOs. I wish I had never followed the Altcoin crazy road. I got stuck in the mud and now I can't even dig my coins out of the muddy road.