Token overload! Not sure what to do with all this...
Suddenly I have ZZan, ActNearn, Geek Rewards, and even Reggae coins...
The last few days I haven't been able to log in into Steem-Engine quite often. I had a weekend out with friends, and for safety reasons I only use Partiko on my phone to access the Steem Blockchain.
So when I logged in yesterday into Steem-Engine it turned out I had some new coins, that represent new communities. Intrepreneur, ZZan, actnearn, Geek Reward, Steemspeak, and JAHM Token...
I haven't had the chance to check out all these tribes, and I probably won't do so too. The Intrepreneur thing sounds appealing, so that I will check out, but the Reggae vibes of Jamaica and there JAHM Token, well that is quite the niche, if you ask me.
So what bothers, or even better, makes me doubt a bit, is, what of these communities and there Tokens is trustworthy and which are possible scams. Because now it is really hard to find the tree in the woods.
I am going to stick to the communities and the stakes I already have, because these are the ones that interest me... Sportstalk most of all, Steemleo, Palnet and in lesser manner, WEED and SCT.
Is this really what we want, hundreds of different niches, with their different tokens? I have serious doubts about the added value of all these different platforms and Tokens.
So you'll find me most at Sportstalk.Social, Steemleo.com and PALnet.io. And for now that's what I will stake. The others will have to prove their value to me in the coming months! I am kind of wary for a Pump and Dump scenario at one of them.
Sincerely,
Pele23
And as a beer lover you should stay with that.
Beertipping is again on and the @beerlover delivers the airdrop tokens to someone you like to give a beer.
You need at least 10 beer to tip.
Posted using Partiko iOS
There has been a token overload for sure, as for me I have been staking most of them if not all of them. You never know which one might go to the moon :)
This is really a green area it's up to one to choose their community one has to choose his or her home that is why I do believe sport is is the best how we have follow by steemleo
thanks for sharing bro
Also worried on pump and dump but for now I’m staking all sports
as in life even on steemit there will be a natural selection of the various tokens, only the best projects will remain ... and I hope that sportstalk is one of these
I believe there are ways to make it work but not how it is currently done imo. There are just too many complications currently and you basically need a separate steem account to use them properly. The ones that will work longer term are those that are somewhat backed up by SP and allow steem upvotes to be traded for the tokens that get burned afterward (PAL / DEC). The value of the tokens will likely depend on the upvote they can be turned into.
Totally agree with u.
Its hard to find true value in most of these tokens.
I have also few tokens in steemengine wallet.
I ll see who is trusty to follow.
By the way have a great day. 😀
It is indeed hard to follow them all. Just like you I have picked the ones which suits my posts. I will ignore the other ones!
Posted using Partiko iOS
Not bad at all having different tokens. We should focus on the ones we truly believe and play it smartly. Have a nice week champ!
Good ! stake and curate 💙 ♬♬
Posted using Partiko Android