6 .How To Invest in Cryptocurrencies - A beginners Guide | Steemit Crypto Academy | Lesson 6 by @endersontowers
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![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmSyifCJ5YiA2c94z8h5XZsiDdtLtXPG7We7AKsPumsLq3/image.png)
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Project concept.
Hive was created after Justin sun, CEO of Tron decided to take full ownership of the blockchain startup steem, the entire steem community together with its platform decided to fork the platform and Hive was born on March 20, 2020, this platform is very similar. It was created to navigate web 3.0, it works with a decentralized blockchain in the blockchain, the objectives with almost similar to steemit with open source and interacting with users on the network to monetize the publications created by users by time.
Social reach
This project has a very good scope since there are many platforms that accept this currency, among them are: exchange platforms such as Beebay, Dswap, hive Loans, LeoDex, Tribaldex, Wrapped Hide, gambling platforms, online games, wallets such as binance, coinbase, Hivesigner, Hivewallet, Ledger App Hive, Vessel. This platform is becoming more and more viral as a social network.
Purpose of the project
The purpose of Hive is to interact with users in a blog like a social network, where users can publish content and in turn monetize this content with positive votes from other users. Hive is positioning itself in one of the best positions in the market to become one of the best blockchain technologies to be used by users around the world.
Market response for the particular project
The market response has been very good since the project can be very volatile, if the demand for this token decides it, at any time it can go through the roof, and it is being accepted by many people around the world for such an excellent project, by monetizing your content.
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Why the particular project will be a good investment.
The use of the Hive platform is becoming more and more viral as a social network, it is attracting a large number of users and that is why it is going viral, in my personal opinion, I think that Hive is going to position itself very well in the market, and this currency can rise in value at any time due to great demand for it, when this happens this currency reaches great value.
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Thank you
@besticofinder
@steemcurator01
@steemcurator02
Hello @endersontowers ,
Thank you for submitting homework task 6 ! I'm sorry it didn't show me your article from the tag search. You have done a fundamental analysis on hive. Have covered the basic parts of a fundamental analysis and was a good read [5]
Thank you
@besticofinder check please
@besticofinder check here please, 3 days ago
@besticofinder check here please, 3 days ago