Hive Distributes Nearly $3 Million US Dollars to Its Social Media Users in 2021

Since the start of the year 2021 till today “Hive” has paid out a total of $2,820,118.92 in rewards to content creators and curators.

Upvotes (likes) on Hive carry monetary value that is distributed 50/50 between those that create content and are “upvoted” and those that “upvote” content.

Marketing Technology News: Strata Introduces Identity Orchestration Platform for Multi-Clouds

In the same time period $2,395,144,06 was paid out to all posts and comments within various “Hive communities” that resemble “subreddits” on Reddit. Those numbers show strong engagement and participation while showcasing “new tech” social media solutions. Querying the blockchain, a list of top 50 Hive communities has been compiled below, ranking them based on total payouts for authors and curators (upvoters).

“I’m so happy that I can use social media without fear of censorship and still be rewarded just for using the platform like I used to use Facebook.” Says Damir, an ecstatic Hive user.

Marketing Technology News: MarTech Interview with Navdeep Saini, Co-founder and CEO at DistroScale

The communities are generally topic specific and cover topics like: Art, Gaming, Finance, Fitness blogging, Food blogging, Travel, Science, Natural Medicine, Photography.

Hive provides tools to build communities, apps, games and economies within them. Two of the powerful features of the Hive Network is its “community building” and rewarding of its participants.

Hive aims to disrupt the current dominance of “Big Tech” and platforms like Twitter, Facebook, Instagram by providing users with true account ownership, censorship resistance while at the same time giving users full control over their content and maintaining absolute political neutrality.