Progression of the Crypto Industry | Hive Has Come A Long Way
In this clip from the AMA, Mitch and I talk about the progression of the crypto/WEB3 space and how hard it is to keep up with everything happening in the space.
Looking back to five years ago, we've really come a long way not only here on LeoFinance, but in the entire Crypto Industry in general.
Five years ago was a much simpler time in the crypto space. All you could do was create a Coinbase account, buy some Bitcoin, and sit on it.
It's really crazy to think about given the complexity of the crypto industry in today's world.
There are endless opportunities to join and create something within this industry and we're STILL only in the beginning.
While everyone has their regrets, that's the beauty of growing within the industry. This experience has been a great chance to grow and expand knowledge while learning about yourself as an investor.
For me, I started out on Steem so many years ago. This progressed to launching SteemLeo (now LeoFinance) and the progression of the Hive blockchain and how far this entire ecosystem has come.
It's incredible.
We talk about this and more in this clip from the Weekly AMA!
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io
▶️ 3Speak
Do you know the legal name of @themarkymark ???? It is needed to contact his local police station. Any information to his whereabouts would be much appreciated.
We can not deny the fact that things are grown a lot and now today we have so many exchnages and modes to buy crypto. 5 years back buying crypto was not easy and we have limited options for it. Talking about Hive, it has surely come a long way but I believe it has a long way to.
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Funny enough, it’s always the hardest to buy crypto in times like these - when everyone else is fearful.
We’re often reminded of the “buy when there’s blood in the streets. Even if it is your own” but it can be hard to follow through and implement that!
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I can’t keep regretting i didn’t join crypto 7 years, I have made peace with the fact that it’s not my fault. But I am very glad I have joined Hive and Leofinance eco system, I am taking it way more seriously to compensate myself for missing the early bitcoin era.
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I wish I knew about Crypto seven years ago but I have no guarantee I would make more out of it in comparison with what I've done over the past five years.
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That’s a good way to view it. For me, crypto has taught me a lot about taking profits and being weary of my own emotions
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I still have to learn in this regard
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It’s truly amazing what can be accomplished here when you put your mind to it.
Buying crypto and holding is a way to accumulate assets that you can one day sell at a higher price, generating a return.
On the other hand, using a platform like LeoFinance can earn you crypto which is like buying in with a 0 cost basis.
It’s amazing what can be accomplished if you understand and implement this type of thinking. It changed my life back in the Steem days
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Indeed the crypto has evolved greatly in the last few years. One can only imagine the level of development we will see around in the next five years. Steem also happened to be my entrance then hive and leofinance into further knowledge of DeFi, NFT and all. It's been an awesome experience thus far
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The next 5 years are going to be amazing. I hope we see LeoFinance leave a big mark on the industry as we expand heavily during this bear market and onboard a lot of new team members
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Reading this brings memories of the earlier days in this space. So much knowledge acquired and much advancement seen in the cryptverse. Glad to have joined when I did, all thanks to steem then Hive. Might have missed some opportunities but I trust with hive and leofinance, there's more to gain in the years to come
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There’s so much left to gain… that’s what I love about this industry. Every year brings new challenges but also new opportunities
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Haha yeah I think our current name is far better than SteemLeo
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If Hive is primarily a social media platform, then it is the engagement that produces value, it is the engagement where the synthesis occurs, where the refinement can be achieved through public discourse. If the engagement is not robust, then all other elements: Hive Power, Decentralized Infrastructure, Capital, Web 3.0 , etc all become sterile.
I wish Hive will strive to make the engagement stronger and make it a metaphor of synthesis to produce value.
Engagement has been a heavy focus for LeoFinance and lately, that focus has only increased. I believe - like you - that engagement is the true value of the platform.
@abh12345’s posts have given us a great glimpse into engagement and how we can all work to improve each week and engage more
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You can only buy and holding coins before. Now you are able to stake and earn interest on it. Or provide liquidity and the smart contracts handle it all !
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So many options, so little time! That’s what I love about LeoFinance - always showing us what the best opportunities are and how to leverage them
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The existence of cryptocurrency is awesome with the impact and benefits that surrounds it which is pretty nice to change lives and situations positively. I always bless the day I took part in Crypto because I have not regret my actions involving in it.
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I never regret finding crypto for even a second! I’m so happy to have found this space!
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It's been almost 5 years since I joined, I wish I had noticed SteemLeo back then. It's a little late, but I'm luckier than most.
Hive has come a long way and we will go further together with sure steps.
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Haha well we’re still in the super early stages. At a $1M market cap, I think LeoFinance has an easy path to 100x in the coming 5 years.
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I agree that we're still super early stages, but I would have been in a better position if I had noticed LeoFinance earlier. 😆
I'm really excited by LeoFinance, I'm especially looking forward to Project Blank and LeoLegends. 🦁
I have so many reasons to accumulate #LEO these days. 🦁
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One day, the market will catch up.
In the meantime, cheap LEO!
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I continue to buy. I reached 978 LEO. But these days, those who want to sell have decreased. :(
I absolutely believe this.
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When all the weak paws sell, what remains?
The diamond paws 🐾
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That's definitely true. But I'm not ready for the weak paws to end yet. :)
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After a long journey, still crypto faces such devastating situation like LUNA-UST, it really sucks me even now😭
I am following cryoto from 2018 but never so serious before my Knowledge exoands about web3. And I expect Hive will be one of the pioneer in this sphere.
!PIZZA
It’s horrible what happened to LUNA… It truly hurt a lot of people and I’m hoping that the whole industry learns from it
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PIZZA Holders sent $PIZZA tips in this post's comments:
@tanzil2024(2/5) tipped @khaleelkazi (x1)
Please vote for pizza.witness!
Well, @scaredycatguide if you can see LEO as ETH than here's your second chance of becoming a millionaire in crypto.
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Most people can never see the low cap rise to $1b market cap
But when it happens, it changes the lives of those who took the asymmetric bet
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I want to see more projects like Hive. Although the industry has grown a lot many of the projects don't have much utility. My bet is that tokenization of everything is going to weigh heavy on this industry in the decade to come.
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100%. One thing that Hive has always excelled at is real-world utility. It’s wild that other chains have so much value yet little utility compared to Hive
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