LeoFinance Crosses 1,000 Monthly Active Users
It's crazy to stop and realize that it's only been 2 weeks since the launch of project blank - https://alpha.leofinance.io.
If you saw it day 1 and compare it to day 16 (today), you'll already see some massive differences. We've implemented new features - as promised - each week. Allowing some nice time in between new releases for feedback, bug improvements and continued infrastructure scaling.
Prior to the launch of Open Alpha, LeoFinance.io (Production UI) had 500 Monthly Active Users.
Open Alpha ended the month of February with 1,040 Monthly Active Users (MAUs).
Wow. 100% growth in just 2 weeks. Thanks to 3 things:
- Project Blank UI is our Killer App for Web3
- @anomadsoul is a stone cold, marketing killer
- All of you
LeoFinance Crosses 1,000 Monthly Active Users | Where Do We Go From Here?
So now we've hit a major milestone - 1,000 MAUs. Doubling our userbase in just 2 weeks. Our target was to achieve this by the end of Q1. Q1 still has 1 more month left. I would say sustaining these numbers in the month of March and seeing some more growth while we also get ready to push the UI into full production mode would be an amazing start to 2023.
We've stated this in many places but it's always great to keep reiterating: LeoFinance's mission in 2023 is to reach 5,000 Monthly Active Users. That's a 10x on the userbase we started 2023 with and it's now a 5x from where we are now.
Yeah, a 10x just went to 5x. We're getting closer and closer to our goal and for once, the sooniverse is ahead of schedule.
In my opinion, the new UI is going to make it 100x easier to onboard new users than any other application on Hive has ever done. We'll give Splinterlands a run for their money (in the friendliest way possible) for ease of onboarding and getting people in here.
Coordinating with Hive communities has been clutch in our early growth phase. We've onboarded over 15 communities now and this has been AMAZING in terms of getting people actively Threading.
Threads Count is Crushing it Too
A high thread count isn't just a signal of beautiful sheets, it's also a signal that LeoFinance is growing... In a very different manner of speaking.
More threads = more engagement.
Remember what we keep saying about engagement? Engagement is everything. The reason why social media is fun and rewarding to use is because it is social.
Hive long-form content lacks a certain social element to it. It lacks real-time social behaviors. It's an amazing place to engage and find a home and that's why all of us here have been here for so long. Hive is truly unique in that regard.
BUT... We can always do better. Threads has shown us the future of engagement on Web3 and we believe that this door is just beginning to crack open. We have so much work left to be done from a UI, marketing and community building perspective.
Wen Will LEO Follow Suit?
So if you go back 2 years to the origins of Project Blank, the idea was to launch a new "THREADS" token. The THREADS token would be how we reward content on a completely separate UI from LeoFinance.io.
Since then, we decided to change everything. Instead of launching yet another token and diluting the LEO Token Economy, we decided - as a team and community - that LEO is everything. The LEO token needs to not only be the umbrella token, but the core beneficiary of all of the growth that the LeoVerse is going to see in 2023, 2024, 2030 and beyond!
With that, we've rebuilt our entire LeoAds program on the new UI. LeoAds has:
- More ad partners
- Better CPM numbers
- More efficient placements
- 100% uptime
The new LeoAds program is one of the most highly requested aspects of the sooniverse... can you guess when it's coming?
soon.
Well, sooner than soon. VerySoon. We're prepping the release of our new Ad placements on the new UI and after that goes live and the UI goes into production mode, we're going to resume the LeoAds program where LEO autonomously is bought back and burned by a smart contract.
Ad partners feed the smart contract with revenue (if they want to be placed on the UI). That comes in as BTC.
- BTC -> HIVE -> LEO
- BTC -> ETH -> wLEO -> LEO
- BTC -> BNB -> bLEO -> LEO
- BTC -> MATIC -> pLEO -> LEO
And what happens to all that LEO? It gets autonomously burned from the contract. Without giving away too much, I'll let the rest of the team chime in in the official @leofinance post about the completely reworked version of LeoAds. I have a feeling that everyone is in for a massive surprise when they see the impact of 2x'ing our userbase + the incorporation of threads + new ad partners paying us higher CPM + more efficient placements.
The revenue is quite literally off the charts relative to past revenue.
See you on the moon frens. Now back to buidling 🦁
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 & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
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
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
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
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io
Posted Using LeoFinance Alpha
A Big Congrats on Reaching 1k Milestone!
Within 2 Weeks it's Literally a big jump in numbers. Amazing response from community and !LUV ING it.
Hopefully In Next 2 Weeks more than 1,500... Keeeep on building ser and and wen $LEO Moon?
What a milestone , congrats to the team behind this great news
As I keep saying, 5K by the end of 2023 was a terrible goal. It is great you are ahead of schedule but a minimum of 25K should be the target.
Great about the ads. However, I think the true jump in Leothreads will come from filtering. I know that is difficult but when will that start to be the target?
Posted Using LeoFinance Beta
Lol yes well 10x from the - at the time - userbase seemed aggressive. Especially considering the total numbers on hive (blogging) aren’t much higher than that
Filtering is coming. It’s not as easy as slapping on some feeds! It requires the full scale update to leoinfra that we’ve been working on. This includes work that we’ve done on polls.
Once you see polls, it’ll be an indicator that the infra is in place for filtering, so those won’t be far behind it
Posted Using LeoFinance Beta
Aka... Soon
Posted Using LeoFinance Beta
https://twitter.com/1415205747978391557/status/1631361223206789139
https://twitter.com/3305546045/status/1631414271312556037
https://twitter.com/1514971641180262401/status/1631578293617975296
https://twitter.com/27706436/status/1631663390539108356
The rewards earned on this comment will go directly to the people( @idiosyncratic1, @pero82, @seckorama ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
https://leofinance.io/threads/@globetrottergcc/re-leothreads-25m6tjzmr
The rewards earned on this comment will go directly to the people ( globetrottergcc ) sharing the post on LeoThreads,LikeTu,dBuzz.
I love that we are getting more people onto the platform. It will lead to an increase in diverse opinions. I'm so glad we've hit this milestone!
incredible work! everything is coming together
Posted Using LeoFinance Beta
Question: Is BTC the only way to buy ad impressions?
Posted Using LeoFinance Beta
This is great and besides their are lot of things to be happy about here in the community and this is just another too.
Massive work from @khal and his team too, without their work we won't be talking about this too...nice one
Posted Using LeoFinance Beta
Leofinance keep growing! I love the energy💪
Very interesting growth report on LeoTHreads. The speed is really outstanding and this is happening when we still have some power communities in the onboarding process which means more users coming in the coming days and months. 5k MAUs is just few weeks ahead.
Posted Using LeoFinance Beta
LeoFinance > Medium
Web3 > Web2
Posted Using LeoFinance Beta
@anomadsoul is crushing it!
Wen all LeoFinance OGs on threads?
Posted Using LeoFinance Beta
This are great news, its just a matter of time before more and more users get on threads, doubling for the platform would be easy since there are users who commonly interact on Hive using other UI than leofinance, maybe because they post on another community or dont post about finance but now thread brought them to leofinance and the Ads program will be very productive for the LEO token as long as ads are not intrusive like force to watch in some case
This is wonderful growth, and it was quite amazing to see it unfolding over the past couple of weeks! 😊
However, I do have concerns that the rapid growth was due in part to the hype produced by the release of Alpha. I'd like to see whether the userbase can be maintained and then continue to grow beyond the initial period of hype. Sustained growth will be key to Threads' success, and I certainly hope it happens. I'll do my best to closely integrate Threads into the FC community as we continue to grow.
Congratulations
Posted Using LeoFinance Beta
Congrats to you all for reaching 1K, that a big milestone. Only sky is the limit now!
Posted Using LeoFinance Beta
This is a wonderful growth that shows the goodness of all the work you are doing.
Project Blank was just what Hive was missing and now it is there!
@tipu curate
Posted Using LeoFinance Beta
Exciting times ahead.
Can't wait to see how the rest of the year unfolds and where the new site is going to take the whole community.
Posted Using LeoFinance Beta
Congratulations on the achievements in the new developments, and I wish many more to come. LeoFinance and HIVE are just in their infancy for how big they will become if they stay on this way.
By the way, 1000 active users is good, and 5000 active users will be great; but personally I think it should be scalable goals, because doing things right, I think the sky will be the limit.
Posted Using LeoFinance Beta
There are chances that the 5X 10X 100X explode with a little help from our #frens, and for #wen, the time is now!
Great job on LeoFinance reaching 1000 MAUs! This is a big deal considering where we started from more than 2 years ago. I was here, before Cub DeFi launched, before POLYCUB and xPOLYCUB, let alone vexPOLYCUB. I plan on stacking my $LEO into LP as often as I can, perhaps every week, I can participate in LPUD, be one of the Lions to thrive here.
Looking very forward to seeing the full Alpha UI fleshed out with all the side-menu features fully-integrated, especially Bookmarks, Curated Posts, and Polls. It just keeps getting better, and Twitter cannot compete with the growth - not even close.
Posted Using LeoFinance Beta
The LeoTHreads growth report is rather intriguing. Even though we still have a few power communities in the onboarding process, which means more people will be joining in the next few days and months, the pace is fantastic. Achieving 5,000 monthly active users is just around the corner.
Coreball