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How Steem Tribes Add New Layers Of Value by hotsauceislethal

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· @hotsauceislethal ·
$1.59
How Steem Tribes Add New Layers Of Value
# Token Madness
![TokenMadness.jpg](https://files.steempeak.com/file/steempeak/hotsauceislethal/WvCmdaYg-TokenMadness.jpg)

Unless you've been hiding under a rock, you've heard about [Steem-Engine](https://steem-engine.com) at some point in the past few months. Anyone can create and list a token and the number of total tokens are growing daily. According to their [block explorer](https://steem-engine.rocks/) there are now 473 tokens available on their market and there seems to be 2-3 new ones added every day.

Some of these tokens have little or no function at all- with names like Buttcoins (BUTT), CringeCoin (CRINGE), BattleCrack (CRACK) and EatMoreFruit (FRUIT). Others have really interesting use cases and real world utility. Right now it is up to the user to sort through these tokens but there are a few gems that do stand out, specifically the ones that represent different "Tribes" here on Steem. 

# Tribal Unity
![TribeLogos.jpg](https://files.steempeak.com/file/steempeak/hotsauceislethal/rLilUUVs-TribeLogos.jpg)

Immediately when Steem-engine came out the existing discord groups and Steemit communities that existed came together and some of them began forming their own tokens to power unique new front ends. These new sites act as mirrors to Steemit.com where your action performed on one is mimicked by all of the others. For example when you vote on Steemit.com you are also voting on Palnet.io. 

These new front end applications are creating a whole new way to experience the Steem blockchain by effectively acting as content filters for certain communities. Only posts that use the #palnet tag will appear on the Palnet front end and thus earn PAL tokens. This means that users are actually able to stack value on top of their existing votes as well as receive increased rewards from the other people up-voting their content. Since they also have increased visibility and much less spam to compete with these posts are receiving a much higher return proportionally than they would otherwise. 

Some of the other great Tribes that are currently out there include #Weedcash and #SteemLeo. Each community focuses on its own interests and when you use multiple tags your content will begin to show on different front ends, stacking the token returns.

![TribeLayers.jpg](https://files.steempeak.com/file/steempeak/hotsauceislethal/iL4hHDBN-TribeLayers.jpg)

# Staking vs Selling
Many of the people who are out there using the new Tribe hashtags and front ends are big supporters of their networks. They are mostly hoarding the token rewards they are getting and staking them through the Steem-engine platform for increased influence. Right now there are definitely more people buying and holding than selling, in my opinion, which is fantastic for the market short term. 

Some of the tokens I have just been staking myself depending on their values but I intend to take a little profit in the future once their prices stabilize with more users. You never know what will happen in the future or which Tribe will become most popular so taking a diversified approach may be a good idea at this time.

# Darwinism In Motion
Darwin believed that animals evolved slowly over time through the survival of the fittest being able to reproduce and thus carry on with their genes. Although tokens don't have progeny or physically evolve, projects can change philosophies and use cases can develop over time for tokens. Communities can form around a token and give it value in ways that may not have been foreseen. DOGE for example was embraced by the online community as a form of microtipping and as a fun, playful joke coin. The success off DOGE cannot be understated with it recently getting listed on Binance.

Those that cannot compete will perish as we have already seen with hundreds of alt-coin projects across the globe. Expect the fate of hundreds of Steem-Engine tokens to be the same as they slowly fade into the background and are forgotten. The ones that survive will be the ones who fought, clawing their way to the top. What gives a token real value is the utility as well as the community that backs it. 
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 298 others
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vote details (362)
@tts ·
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/hotsauceislethal__how-steem-tribes-add-new-layers-of-value.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
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@meditations · (edited)
I'm learning more about these tokens everyday. It's a bit intimattion but interesting.
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@steem.leo ·
>"What gives a token real value is the utility as well as the community that backs it."

This last bit coupled with what you said about dogecoin is so true. It's not only the utilities and the "sinks" that you can create for the token, but the community that surrounds it. That's why the name "tribes" means so much here on Steem. Building a token is only 1 small part of the task at hand. You must build a community brick by brick and continually build your tribe's faith and support in the overall project/token. Awesome write-up!
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@rollandthomas ·
The development on steem is crazy, hard to keep up with the evolution, including all the tokens on steem-engine.
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@jonyoudyer ·
I always say that the tribes are very great for our current user base, and even has brought a lot of people back who have left for other blockchain social media, or just stopped all together. Now it’s time for stinc to do the rest, to get some new users on board.  Which after reading [this](https://busy.org/@taskmaster4450/hold-onto-those-steemies/amp) article, I am hopeful
πŸ‘  ,
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@steem-ua ·
#### Hi @hotsauceislethal!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 4.162 which ranks you at **#3292** across all Steem accounts.
Your rank has dropped 35 places in the last three days (old rank 3257).

In our last Algorithmic Curation Round, consisting of 284 contributions, your post is ranked at **#150**.
##### Evaluation of your UA score:

* Some people are already following you, keep going!
* The readers like your work!
* Good user engagement!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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@steemitboard ·
Congratulations @hotsauceislethal! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@hotsauceislethal/votes.png?201908111342"></td><td>You distributed more than 26000 upvotes. Your next target is to reach 27000 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@hotsauceislethal) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=hotsauceislethal)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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