Database for DApps looking for delegation in exchange for TOKEN/SMTs or Airdrop

in #steem5 years ago (edited)

One of the perks of Steem Power is that it can be delegated to projects in exchange of TOKENs. It is low risk strategy in a sense that if the TOKEN becomes unsuccessful, then the missing of ROI from delegation (to bot) or curation reward. However, upside is huge that a successful TOKEN can make 5-100X gains.

dapp.png

Therefore, a database that can track the offers for TOKENs from DApps and their current performance will be an excellent resource for current and future investors.

It can be a Marketing ploy for future investors who are looking into Steem.

The feature can added to Steem DApp aggregator site such as Steemapps.com in a link that describes the TOKEN's delegation or airdrop rules.

I have 10K HUNT token from airdrop. @steemhunt is going forward with HUNT token trading pair at @databit exchange. With upcoming Steem/SBD based exchanges freedomex and @swapsteem, these tokens can be traded for Steem or even fiat.

@actifit, @steemhunt, @magicdice, @partiko, @dtube, @appics, @ulogs etc. have already Most Viable Product (MVP), therefore, their TOKENs have already some fungible values. A database with performance analysis on these DApps current performance and future roadmaps would be a great resource for investors.

I am personally looking into delegate to @steemhunt and @actifit 1K SP each. I am also curious about other projects too for future delegation.

AskSteemit: What is your favorite project that you would like delegate in exchange of TOKENs and WHY?

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

steem_speed.jpg

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger

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You maybe interested in this project then. If I understand correctly you buy there tokens on bitshares exchange and then give them back to the project to "stake" where they then pay out in Steem bi-monthly, I think, in Steem based on said stake. Then if you want you can power down and then sell the tokens on bitshares.

https://steemit.com/@buildteam

It is a different model. If we consider @minnowbooster as an DApp. By buying BUILDTEAM token, we can buy stake in @minnowbooster. Yes, any token can be traded in Bitshares exchange.

However, one can't get any BUILDTEAM token by delegating SP.

Thank you so much for mentioning us! Hopefully you will get a chance to try out Partiko soon!

Posted using Partiko Android

Thank you so much for the mention. We too have a demo MVP available at www.swapsteem.online that you can check.

Posted using Partiko Android

This is one of the features that has attracted me to the ecosystem from a long term investment perspective as I am currently delegating 20-30% of my stake to projects that will help create value to the protocol as well as promote growth and adoption. There is a growing number of projects that are issuijg tokens for delegation and it would be great for them to be compiled for comparison; great idea!

Posted using Partiko iOS

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@riseofth, Delegation is really effective tool and safe too when it comes to financial support towards particular project. Let's hope for the positive results. Stay blessed.

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