So what you have thought of your tokens on Steem-Engine?
I guess everybody is aware of that a new blockchain Hive will be created on coming friday.
For me , I is very simple and clear to keep my steem in my wallet to get the new hive tokens. I think , it is no brainer for anyone that they should keep steem in their wallet because if you love "current" steem then you will keep your token and if you love hive, then you need to keep them in your wallet to get hive.
With this fork, steem is appreciated in value but most of the token are in downward trend.
Photo by Vladislav Babienko on Unsplash
You have option of selling these token, convert into steemp, send steem to your wallet and get more hive. After hardfork rebuy your token. But if your community did not migrated to hive and steem lose its value (much expected in current scenarios) then may be it is not worth getting the extra hive by selling the token.
Even your community moves to hive but token value appreciate more than the claimed hive,you will again lose the value. Another option is to start buying token at such cheap price but it means you will have less steem in wallet and eventually will have less hive.
Everything about hive sounds great but due to Corona virus market is in downward direction and I am not sure if it is favorable time to start a new project.
It might be tough decision that what should we do do with our SE tokens but If you have steemp in steem-engine, then move it in your steem wallet because you will get equivalent hive for it in new blockchain.
Hope, we all get benefited with this fork.
Posted via Steemleo
Join the community in our migration to Hive, a community built blockchain for the community. All Steem account holders will receive equivalent stake on the new Hive blockchain.
Please see this post on SteemPeak for more information.
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Most of the STEEM-Engine tokens don't have a lot of value. Out of the few that do have a value, they are linked to games. The larger SCOT Tribes like LEO will probably be able to migrate or even support both chains. So far I intend to treat this event as a forced diversification to my portfolio.
Strong steem price is currently causing lot of discount for tokens. Currenly leo ask price is .03788 only.
Posted via Steemleo