IUC | And Me
Well, being a part of the India United Community (IUC), it is only natural for me to have some soft corner for the community, and whatever I write over here may have that bias. So, do the most obvious thing. Try it out yourself. Again, like any prudent investor, please do your own research.
For those of you who are on the Hive Blockchain, you already know about the Hive-engine, an exchange for trading Hive tokens. These are tokens exclusively, or at least, most of them are exclusively on the Hive Blockchain. IUC happens to be one such token.
The way to earn IUC is simple. Delegate your Hive Power to the India United Community, and in exchange, you get the IUC token as the platform's sign of gratitude. That said, it started just as a community service for me when I first thought of delegating. After all, I am part of that community, like I already mentioned. But now, the IUC tokens are starting to make monetary sense.
IUC Tokens | Monetary Sense
Now, now, don’t get ahead of yourself. You are not going to become an overnight millionaire by getting the IUC tokens. But if you are someone who is on the platform and has earned enough and more Hive Power, why not delegate and earn passive tokens in the form of IUC? That’s how I saw it.
While the long-term success of the IUC tokens would be from higher participation in the community, the current nascent step that the team has taken is to peg the IUC tokens close to the Hive price. The pegging is not some algorithm-driven price management, but rather a simple way of holding the buy price at 0.98 Hive. This is simply to give the community a value for their tokens if they wish to sell. And I did sell and continue to sell. That said, the 0.98 Hive has remained unchanged when Hive was doing 20 cents or more, and right now, while it is roughly around 6 cents. As I said, you aren’t going to be millionaires, but you sure are going to earn some passive income.
I can write a lot more, but rest assured, it would be qualitative information. And someone who intends to delegate Hive Power would need to find more quantitative information, and one that makes sense. For that, head over to the India United Community page on the Hive blockchain and read more about them. 😊
Image Courtesy: Crypto - Grok
