Question 1

What is it?

Accepted Answer

**Token: Hive (HIVE)**
HIVE is the primary cryptocurrency token of the Hive blockchain. It's a decentralized digital currency that enables instant and fee-less transactions globally. Like other cryptocurrencies, HIVE operates on a decentralized ledger, and its security and integrity are maintained by a network of nodes that validate and record transactions on the blockchain.

**Platform: Hive Blockchain**
The Hive Blockchain is a decentralized platform designed for a multitude of DApps (Decentralized Applications) and online communities. Built as a hard fork from the Steem Blockchain in 2020, Hive offers a more community-driven approach, emphasizing decentralization and true ownership of content. This platform supports various functionalities, including blogging, social networking, and other web 3.0 applications, allowing users to earn HIVE tokens for their contributions and engagement.

Question 2

What is it used for?

Accepted Answer

HIVE tokens are used for several purposes within the Hive ecosystem:

* **Staking and Governance:** By staking HIVE tokens as Hive Power (HP), users can influence the network, gain voting power, and earn rewards for content curation and witnessing.

* **Content Rewards:** Content creators receive HIVE tokens as rewards for the content they produce and share on the platform.

* **Resource Credits:** Holding and staking HIVE allows users to gain resource credits, which are required to perform various actions on the platform, such as posting, commenting, or voting.

* **DApps and Games:** Several decentralized applications (DApps) and games on the Hive Blockchain utilize HIVE as their in-game currency or for transactional purposes.

Question 3

Who created it?

Accepted Answer

Hive was born out of a community-driven effort, initiated by a collective of concerned Steem community members, developers, and stakeholders.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	HIVE-USDT HIVEUSDT	binance	AA	0.04600USDT	-1.92%	1,147,001.00HIVE	809	0.04690USDT	0.04780USDT
2	HIVE-USDT HIVEUSDT_SPBL	bitget	BB	0.04606USDT	-1.77%	205,963.74HIVE	426	0.04689USDT	0.04781USDT
3	HIVE-USDT HIVE_USDT	gateio	A	0.04621USDT	-1.64%	99,135.00HIVE	66	0.04698USDT	0.04779USDT
4	HIVE-TRY HIVETRY	binance	AA	2.32TRY	0.00%	93,210.40HIVE	40	2.32TRY	2.38TRY
5	HIVE-KRW KRW-HIVE	upbit	B	61.90KRW	-1.75%	3,527,984.37HIVE	639	63.00KRW	64.10KRW
6	HIVE-USDT HIVEUSDT	mexc	C	0.04593USDT	-2.30%	1,462,076.86HIVE	3,291	0.04701USDT	0.04790USDT
7	HIVE-USDC HIVEUSDC	mexc	C	0.04590USDC	-2.44%	1,211,828.23HIVE	2,965	0.04705USDC	0.04739USDC
8	HIVE-KRW HIVE_KRW	bithumbkorea	-	61.31KRW	-1.87%	659,672.60HIVE	215	62.48KRW	63.44KRW
9	HIVE-USDT hive_usdt	xtpub	-	0.04600USDT	-1.92%	463,062.00HIVE	291	0.04690USDT	0.04770USDT
10	HIVE-USDT hive_usdt	digifinex	D	0.04610USDT	-2.12%	144,146.00HIVE	346	0.04710USDT	0.04770USDT
11	HIVE-USDT HIVE_USDT	bydfi	-	0.04600USDT	-2.13%	18,117.00HIVE	232	0.04700USDT	0.04780USDT
12	HIVE-IDR hiveidr	indodax	E	840.00IDR	-2.33%	9,236.61HIVE	13	860.00IDR	860.00IDR
13	HIVE-USDT hiveusdt	huobipro	C	0.04610USDT	-1.28%	3,632.03HIVE	5	0.04670USDT	0.04690USDT
14	HIVE-BTC BTC-HIVE	upbit	B	0.0₆6100BTC	0.00%	0HIVE	0	0.0₆6100BTC	0.0₆6100BTC
15	HIVE-USDT HIVEUSDT	hitbtc	E	0.05403USDT	0.00%	0HIVE	0	0.05403USDT	0.05403USDT
16	HIVE-BTC HIVEBTC	hitbtc	E	0.0₆5480BTC	0.00%	0HIVE	0	0.0₆5480BTC	0.0₆5480BTC