The Future Building Of LeoFinance (my story)
The Future Building Of LeoFinance
Let me be perfectly clear starting this off. I have no idea of the business directions of the company but what I do have is a delegation from them which gets divided up across threads and articles. This is to help spread the love and get LEO into more hands. This is just one of the MANY ways I contribute to the growth of LEO and today I want to share with you some of my future plans, when you might see them happen and give you simple and easy ways you can support the growth of LEO.
This article is not financial advice and is of my own work and thoughts. DYO research before investing.
The Birth
LEO has been around for a while now. What once mainly just a front end for the Hive blockchain it did well because it has a core focus topic which many on hive worked towards and I think almost everyone can agree is somewhat of a focal point and that's finances. Finances of trading, crypto, stocks and other money methods is what LeoFinance was built on.
However with that it was clear that more had to be done not only to expand the reach of LEO but really hive overall. A front end that was welcoming to all and not just finance related topics. Launching a front end with a twitter like look and feel to it with crypto and blockchain tokenomics has been a plan for I'd say nearly two years and right now you are looking at the beta version of it all at this Twitter Alternative
The Current
Right now the main goal is to get everyone on hive active on threads and get it tested along with some stress testing to make sure it can handle the load. The biggest killer to rapid growth is sustained down time and leaves a bad first impression of which is hard to get someone to come back. First impressions also matter in terms of the type of content and UI/UX design people are interacting with.
All of this is currently being worked on and optimized and I'd say we are looking at mid next month or possibly up to three months total before a lot gets ironed out and some new "features" which to me are almost necessary for further growth.
The Future
My future plans are to mainly wait on external promotion unless it's people close to me I interact with often. This is because I know there's going to be more hiccups and the curve to learning and understanding hive/leo is still rather larger with this front end.
For now it will mainly be word of mouth and telling people I know about it instead of general large scale marketing at the moment.
This is something you can do. I'm sure there's family and friends of yours that interact with twitter on the daily. Have them come check out leofinance and engage with you on there. Create your niche little groups for gaming, chatting, spreading photos etc. Not only do they get to interact with you but they will be helping to the development and growth of LEO while earning some LEO tokens and hive crypto on top of it all.
After things look solid I'll be heavily ramping up marketing. This is something I'm doing myself and isn't supported by the company. If anything the only "support" I do get from this would be upvotes on my posts which is kind of how I feel the DAO should work around here. If people want and believe in a project they will upvote the updates and content that they are producing and that funds their project. That's my own thoughts though and there's likely no way that will change any time soon.
** Mini Rant **
The part that gets me is when we pay for these random funded projects and people say it's no biggie. It is because nearly all of that money value is EXITING hive to fund the building and sponsorship of those projects which yes drives down the price of hive. Argue with me all you want but I don't see how it would be any other way. (End of mini rant)
That being said promotion will be primarly focused on twitter and then a few projects that are somewhat like twitter. This will make for the most natural and easiest targeted methods to get people over and trying out LeoFinance. But not only that article writing with CTA (Call to actions) Lead captures and more will start scaling up across a vast amount of web2 and even web3 applications to drive leads and people to LeoFinance. Primarily I'm going leads focused for two main reasons.
The first being leads allow me to walk people through the process from start to finish to understand how it all works. That would roughly last 7-9 days from first post to payout in 7 days. It also allows me to connect with these people if they need more one on one help to get started or questions they might have.
The second reason is there's going to be a lot of sub and like products releasing over the years that will have affiliate programs. So while the main focus will be to promote Hive/LeoFinance after that the list will be used to promote other core projects to earn revenue and perhaps build authority on those platforms which can then be sent over to LeoFinance as well.
A few other simple ways to promote LeoFinance right now yourself
- Share your articles you write on Twitter and other web2 social media
- Word of mouth your friends, family and others around you is a great way to get people in here and engaged with you. While it's a smaller community now you can do a lot more hand holding and interact on a more one on one level which should greatly help retention.
- Write articles about LeoThreads and hive and post them on other platforms. Link back to your articles you write on here and more.
All of these basic things should become a part of your every day activity and over time it scale and grows. It wont happen overnight trust me I've been at this all since 2011 and Leo since the first days it was born.
Now let's get out there and ROAR let the world know about LeoFinance in your own way.
!1UP I started to delve into Leofinance a few months ago and I'm a small fish compared to you, but since I started this engagement I've been noticing a real desire from Leofinance to make Hive a place capable of receiving an even larger audience than long content could to reach.
I fully support this decision and I know it will be very positive going forward, but for now there are some basic structural issues that need to be fixed before we go mass release.
There are many extremely negatively impacting bugs that only we (people familiar with Leofinance/Hive) would be willing to address, but I know that soon these points will be fixed and eventually Threads will be ready for the world.
That said, I am also striving to do my part and hope to do much more going forward, reading your story makes me know which paths to take and how to become a true ambassador for Leofinance inside and outside Hive.
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I am not a huge fan of Twitter but I have heard a lot about this new way to communicate on Hive built by the team of LEO. It is always important to innovate for attractiong new people!
I also really big fan of leofinance community and team especially brother @khaleelkazi, I also wish I can bring more and more new unique users to leofinance and hive