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Welcome to Markethive

GIANT BLOCKCHAIN CRYPTO PROJECT - FIRST IN 100% DECENTRALIZED SOCIAL MARKET MEDIA

Posted by Deb Williams - Editor on April 18, 2021 - 6:21am Edited 5/3 at 11:33pm

GIANT BLOCKCHAIN CRYPTO PROJECT - FIRST IN 100% DECENTRALIZED SOCIAL MARKET MEDIA

...And They Said It Couldn’t Be Done

 

Markethive’s coin poised to triumph in the crypto economy.

Cryptocurrencies have many use cases. Some act as a store of value, others power blockchain to make it possible to create trustless digital contracts and permissionless decentralized applications. Some cryptocurrencies are pegged to fiat currency allowing for stable transfers of value, and some underpin protocols that offer decentralized data storage and video streaming. 

Each of these use cases requires a particular set of blockchain attributes and economic incentives. Many say that there is no single cryptocurrency project that can do it all; however, there is one that comes very close in a field that has been, for the most part, put in the too-hard basket by the majority. 


Who Dares Wins 

Markethive is a monolithic blockchain project currently operating as a social network, an entire inbound marketing platform with email, blogging, and digital media capabilities that broadcast to the vast internet. It’s a complete Market Network and the first of its kind. 

Markethive is predominantly a free system where users can access a platform that can cost more than $2,500 offered by other marketing platforms. There are, of course, upgrades that open up more tools and monetization opportunities, the first being the Entrepreneur One Loyalty Program, and coming soon is the Apprentice membership

The many domains Markethive has, and its autonomous cloud systems that ensure its sovereignty and longevity make it untouchable and immune from the tech giants’ rule and biased agender. But can still remotely infiltrate the social media platforms and reach the multitudes either locked in or looking for an alternative meritocratic medium.

In other words, wherever you go, Markethive is there, anywhere and everywhere, delivering its message via its community of entrepreneurs to a far-reaching audience. This next-generation social market media is poised in the wings, and when the time is right, it will emerge as a shining light to lift people up and bring financial sovereignty and hope in this gloomy and uncertain world.  

The video platform, conference rooms, and the unique four specific news feeds currently in development, and many other projects and incentives add to the credibility and need for an ecosystem in the social media and digital marketing space. 

In 2018, Markethive released its coin, with the ticker symbol of MHV that enabled the distribution of the coin to the members within the Markethive system by way of infinity airdrops and subsequently a micropayment faucet. The coin is currently in the process of being labeled with a new name, Hivecoin, with the ticker symbol HIVE.

Now in the final stages of BETA, Markethive will officially launch with the release of its first crypto exchange wallet, which is basically a portal to the many coin exchanges Hivecoin will be listed on and is close at hand. (Not to be confused with our Dapp multi-functional wallet in development). 

Meanwhile, the growing user base is accumulating their Hivecoin (HIVE) in anticipation of the release when they will be able to transact using HIVE within the Markethive system and externally.

 

What Sets The Markethive Coin (HIVE) Apart?

The Markethive platform enables the users to earn Hivecoin cryptocurrency with everything they do on the platform and are also paid for their loyalty. The Vault is an innovative concept that allows Markethive members to stake their coins, similar to a bank account. The more coins held in your vault the higher the micropayments received, and then there’s the monthly interest paid to you based on the number of coins in your coin clip.

The company issues these micropayments, incentives, and rewards, not just the users, which is commonplace and the only form of payment in other crypto-based platforms. However, Markethive does have a tipping protocol the people can utilize if they wish and substitutes the like button. 

It isn’t only a social media network or inbound marketing platform; it lends itself to the cottage industry concept allowing members to monetize the various initiatives Markethive is developing, starting the Banner Impressions Exchange. It’s also where entrepreneurs can facilitate and promote their personal businesses to a built-in audience as well as a springboard to the far regions of the internet. 

In Markethive’s all-encompassing ecosystem, the objective for the Markethive Coin (HIVE) is to be utilized as a form of payment rather than just selling it (pump and dump scenario). This gives a purpose and real use case for HIVE, equalizing the velocity and increasing coin value. 

Bitcoin has established itself as a store of value that affects the value of most other altcoins, albeit positively or negatively at any given time. However, if a coin or project’s use case and utility are credible, it can result in a parabolic shift, increasing in price, without riding on Bitcoin’s coattails. 


The Markethive Blockchain On Cardano Platform

Recently, Markethive decided to migrate to the Cardano Blockchain platform from the Ethereum platform for several reasons explained in the article.   

The Cardano blockchain platform enables Markethive the advanced capabilities to produce the distributed database system that Markethive needs to ensure all data that the extensive user base inherently creates in a social media environment are safely integrated and stored on the blockchain. This includes all forms of content, videos, images, etc.

A mammoth task for a blockchain, and also not conducive for an established social media platform like Facebook with its trillions upon trillions of data already in its system. Markethive conceived and initiated this blockchain protocol from the ground up making it easier to integrate. We just had to wait for the right technology to surface.  

Thanks to technology evolution, the Markethive social market network’s ability to build a massive database management blockchain can only be done on a 3rd generation blockchain platform like Cardano. Fundamentally, the Markethive blockchain will be forked off the Cardano blockchain, with HIVE being a native token which is a fungible multi-asset token. 

Native tokens represent value and act as an accounting unit, which can be used for payments and transactions and sent to an exchange address. Native means that these tokens are supported by the Cardano accounting ledger without the need for additional smart contracts, as the ledger features built-in support to track ownership and transfer of more than one type of asset.

The Markethive Coin - A First-Class Citizen

Cardano’s Mary Hard Fork, conducted on March 1st, 2021, saw the introduction of native assets to the Cardano Blockchain. This means HIVE can be built into the blockchain ledger the same way Cardano’s native token, ADA, makes HIVE a first-class citizen. 

In other words, HIVE will receive the full benefits of the Cardano blockchain, such as the same level of safety and security as ADA itself and eventually a governance system as it rolls out.

The first-class citizen approach will mean Cardano’s multi-currency ledger will give much more autonomy to any token(s) made on the blockchain. They won’t be another cookie-cutter token like the ERC-20 token.

This design will make it easier for tokens built on Cardano to be listed on exchanges as they will be able to prove a greater degree of independence than ERC-20 tokens. 

The protocol also allows multiple native assets within the same transaction, unlike Ethereum, where it is only possible to send one ERC-20 token at a time. You will also be able to use native assets to pay transaction fees made possible by the recently announced Babel Fees mechanism currently in development. By contrast, you need ETH to send any ERC-20 tokens on Ethereum.  

Ethereum blockchain issues tokens through a custom coded smart contract, which issues a non-native token. This token won't have all the advantages of Ethereum, and you have to pay for smart contract execution every time you move your token. This is why people complain about Ethereum fees being so high. It's not very efficient, leaving the door open for human error when coding smart contracts.

The low cost in transactional fees and the increased throughput into the thousands make Cardano blockchain a favorite in future generation blockchains. A sustainable, scalable financial operating system is becoming a reality. 

 

MHV Now Hivecoin (HIVE) Remains The Same As It Ever Was

It’s important to understand that the Markethive coin remains the same and will not affect any current or future operations of the Markethive system. You still keep your MHV, renamed HIVE coins you are accumulating. It's the blockchain technology behind Markethive that is changing for the better. 

The ILP smart contracts that some entrepreneurs in Markethive have recognized the value of and acquired will work seamlessly in the background on the Markethive blockchain forked off Cardano, all the while the Hivecoin (HIVE) will be used as a medium of exchange and will continually be circulating, earned and accumulated by users within the Markethive economy.

It allows us to be completely decentralized financially with complete autonomy and protection of our intellectual property, ascertaining a viable and comprehensive ecosystem. This bodes exceptionally well for the Markethive ecosystem and will benefit all who participate in it. Essentially the Markethive ecosystem will have its own financial operating system within the new global financial operating system envisioned by Cardano. 


 

Markethive - Staunch And Benevolent Vision

Markethive’s vision is a fully decentralized social network inbound marketing platform integrated and operated on a massively distributed database system, being the internal giant blockchain controlled by a smaller external blockchain Markethive’s Dapp wallet will utilize. 

This is a very advanced technology Markethive is integrating at which no other platform is doing or will attempt to do. It is a vast undertaking and needs to be done right so security is not compromised, on all levels, hence the methodical and time-consuming approach. Markethive is incomparable to any other media platform and although touted it that couldn’t be done, is, in fact, 90% done. 

It’s about looking after the community, the products and projects, the use, and the utility. Getting it right, being clever and evolutionary will pay huge dividends in the mid to long term for everyone in the ecosystem. Markethive is always focused on where we are going and why we are going there in the mission, giving economic sovereignty and identity to all, especially those that don’t have it. 

I know, it’s hard to get your head around and most people don’t comprehend what we have in our midst with Markethive but rest assured this gigantic all-in-one platform current flying under the radar will be a life-changing positive force of how we work, earn and socialize online. 

ecosystem for entrepreneurs

 



Written by Deb Williams
Chief Editor and writer for Markethive.com, the social, market, broadcasting network. An avid supporter of blockchain technology and cryptocurrency. I thrive on progress and champion freedom of speech and sovereignty.  I embrace "Change" with a passion, and my purpose in life is to enlighten people en masse, accept and move forward with enthusiasm.

Thanks Deb for a very nice blog explained everything in detail.
April 18, 2021 at 6:53am
Thank you Deb for a clear explanation of blockchain technology.
April 18, 2021 at 8:02am
Thank you Deb great info, looking forward to a very interesting future,
April 18, 2021 at 8:09am
Thank you Deb for sharing this great information.
April 18, 2021 at 10:14am
Excellent article Deb. Thank you.
April 18, 2021 at 12:31pm
Marvelous
April 18, 2021 at 5:32pm
Edited 4/18 at 5:32pm
This is such a wonderful update about all that Markethive is doing. Thanks Deb for making things so clear and concise. God bless.
April 18, 2021 at 8:04pm
Thank you so much for sharing these valuable informations !!!
April 19, 2021 at 5:38am
Thank you Deb, great informative article.
April 19, 2021 at 6:43am
Markethive made a wise decision to build the wallet on the Cardano blockchain - the future for Markethive's market network & ecosystem sounds exciting, great to be on board. Thanks for the update, Deb.
April 19, 2021 at 7:34am
It's exciting to know the wallet would be launched soon and that too on Cardano Blockchain.

A well prep with complete information what Markethive is all about.

Thanks Deb, you did a wonderful job.
April 19, 2021 at 12:00pm
Edited 4/19 at 12:00pm
Thanks so much for this informative update.
April 19, 2021 at 1:21pm
Yes, well written information.
April 19, 2021 at 2:00pm
спасибо Деб очень интересное сообщение.ждем с нетерпением улучшений.
April 19, 2021 at 2:25pm
This a very informative post . I really enjoyed it.
April 19, 2021 at 3:03pm
Great write-up on an equally amazing ecosystem built on the blockchain, namely Markethive
April 19, 2021 at 3:14pm
All in one ecosystem for the masses Awesome delineation for the endless possibility at Markethive Deb. Thx
April 19, 2021 at 9:28pm
Thanks Deb for the great blog post
April 19, 2021 at 9:49pm
Love this developing Platform
April 19, 2021 at 11:19pm
I can't wait to see where all this takes us.
It's gonna be an amazing ride.
April 20, 2021 at 4:10am
I think Cardano and Markethive make a great pair, having the same philosophy
April 20, 2021 at 12:58pm
Thanks for sharing
April 20, 2021 at 10:03pm
It is very informative about Cardano and MHV.
April 21, 2021 at 1:17pm
The possibilities and potential is incredible.
April 21, 2021 at 3:54pm
All the pieces appear to be coming together, well-written article, articulate author.
April 22, 2021 at 5:36pm
There is a lot to digest in this blog. All of the foundation for a successful launch is being put together and outlined in this article. Read it and dream
April 23, 2021 at 3:26am
It is helpful for Crypto companies to consider new block chain technology.
April 23, 2021 at 4:29pm
Awesome article Deb thank you for sharing the finer details of this great platform
April 23, 2021 at 6:50pm
Thanks so much for this informative
April 23, 2021 at 9:51pm
This is another veriy good read, Deb. You nailed it with your detailed and comprehensive coverage of what makes Markethive the best. Thanks for sharing.
April 28, 2021 at 5:22am
Have a nice day thanks Deb.
April 28, 2021 at 5:25am
Thanks Dev, very well explained and easy to understand!
May 2, 2021 at 4:12pm
I wanted to tell you to have a happy day
May 2, 2021 at 10:45pm
And it's all from "Devine Inspiration." That's what is so awesome.
May 7, 2021 at 1:49am
Looking forward to the day markethive leaves beta.... 2021 is going to be a good year for all who have invested time and/or money into markethive. Big thumbs up to Thomas, Douglas and crew!
May 18, 2021 at 7:12pm
Great stuff. The future looks bright!
May 18, 2021 at 8:20pm
Thank you For an excellent and detailed report
May 28, 2021 at 11:37am
Excellent article , thanks for sharing
June 18, 2021 at 12:38am
Отличная статья СПасибо
June 22, 2021 at 2:31pm
It is incredible how far we have come in Markethive and even more amazing where we are heading.
June 27, 2021 at 1:22pm
Very well articulated Article
July 26, 2021 at 6:01am
Thank you for sharing this info
July 26, 2021 at 6:23am
Thank you for sharing this info
July 31, 2021 at 4:41am
Awesome.. Thanks for sharing

Have a great weekend
August 15, 2021 at 5:47pm
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