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RE: STEEM Tribe Tags : Why not using them could Cost you.

in #tribes5 years ago

Hi friend @slobberchops.

I think you are addressing an issue that could clarify doubts I have about the true utility of tribal tokens or steem-engine tokens.

Does owning these assets provide you with any additional privileges within the tribe? That is, does it give you access to any exclusive service? Or does it simply give you more voting and healing power?

I would like to define these aspects to conclude in some way if the steem-engine tokens could be categorized as "useful" or "security". How do you consider them?

All best, Piotr.

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I couldn't tell you if investing in these tokens is a good idea or otherwise.

Having a stake in each is the same as SP, but you get the benefits of curation from several on your posts (if you use the tags), and author rewards (same).

I have a stake in several of the tribes now, but will probably not add to them. Like buying STEEM it is a risk.

Thanks for your comment @slobberchops

I'm also seeing those tokens as quite a risky investment ....

Let's wait and see how those tokens will behave once SMT will be launched.

Cheers
Piotr

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