Flippening the Hive Rewards Pool Model: LeoAds Revenue Now Displayed on LeoFinance | Tokenomic Growth
Now that project blank is officially in production, we've been grinding on all of the massive changes that were in development for the past 2 years. Many of these changes are surrounding the LEO token economy and the new future that is now possible thanks to Threads.
We've been planning and building this stuff for 2 years now. The goal was always to turn the LEO token economy into a behemoth, generating ad revenue from outside the HIVE Ecosystem and bringing that revenue into the LEO token and thus, the Hive ecosystem as a whole.
So many people are always looking inward on Hive. LeoFinance has always been capable of looking beyond that. Our mission is to democratize financial knowledge and access. A key part of that is driving value to the LEO token, LEO POWER stakeholder utility, etc.
LeoAds has always been at the core of that vision. If we could generate sufficient page views, we could see massive buybacks of the LEO token through the fully decentralized LeoAds smart contract.
That smart contract would then deploy a new rewards pool on the platform for LEO POWER APY. LEO POWER holders would be able to curate content to earn LEO but also to earn that LeoAds smart contract pool of tokens that are bought from the market.
This drives up built-in demand for the LEO token while also encouraging positive activities on the platform.
We just added something incredible to the UI... something that has been in the works for a very, very, very long time.
Introducing LeoAds View Counters and Revenue Estimations
If you've been on the UI recently, you may have noticed that we now have View Counters next to Threads.
You may have also seen our blog post from a few days ago about the return of LeoFinance's Analytics API.
You can now view the real-time analytics of the entire LeoFinance.io UI and see how we're performing in terms of page views and users here -> https://simpleanalytics.com/leofinance.io.
We also have been working on something massive in the background - integrating the API of our analytics company in order to show view counts next to Threads and Posts.
Showing view counts is something that users have requested for quite some time... but you know what we surprised everyone with?
We now also show the estimated LeoAds revenue. By connecting this view count API and adding in the LeoAds smart contract API calculation, we can now show the approximate ad revenue generated by a Thread/Post.
Note: we've launched this feature for Threads. The feature for Posts will launch VerySoon ™️ after we finish some more tests.
So if you hover over a Thread's view count, you'll now see the approximate revenue it generated in the LeoAds smart contract... incredible!
and yes, for all those who have been asking for years about wen LeoAds, consider this one of the final steps before the launch of the LeoAds buyback contract. It is on the verge of going live. Adding features like this has all been a part of the roadmap before we push that massive change. We're about to see millions of LEO get eaten off the market and deployed into the LEO POWER APY pool.
A Renewed Focus for LEO POWER Holders, LEO Community Members and the Hive Ecosystem
This is a snippet from @taskmaster4450le's blog post about how LeoFinance is all about pageviews now.
He is quite right. The entire community who wants to see LEO succeed now has a clear mission. Wake up every day and ask yourself "how can I increase the views on LeoFinance?"
This can come in both selfish and selfless forms. In a selfish way, increase the views on LeoFinance will make LEO more valuable. If you hold any amount of LEO POWER and are active on the platform and earning more LEO from the rewards pool, this is clearly a benefit for you to be actively trying to enhance.
Many curators have also come out and publicly said that they are going to start monitoring view counts.
They are planning to upvote content creators that generates a lot of views consistently.
This means that focusing on generating more views will:
- Make LEO more valuable
- Make you earn more LEO and HIVE upvotes
If you see the vision we've laid out here, I hope you get as excited as we are. The LeoAds economy has MASSIVE potential. We are talking about millions of LEO bought from the liquidity pools each year and added to the LEO POWER APY rewards pool.
What's Next?
View Counters on posts are going to get released very soon. Shortly to follow will be the contract officially going live and the buybacks beginning from that automated code.
You'll start to see the rewards pool fill up. Then you'll start to see LEO POWER APY in your wallet.
We are also planning to add new feeds to the UI that allow you to sort content based on views.
This is something that is radically different than we are used to on Hive.
LeoFinance has the potential to bring in tens of thousands of dollars in ad revenue per month now and hundreds of thousands per month in the near future. We're bringing this all into the Hive ecosystem through the LEO token economy.
Having LEO POWER and utilizing it to reward content creators who are generating page views has never been more important.
So follow Task's advice... Look for ways that you can increase page views both for your own benefit in terms of upvotes / LEO but also in terms of driving more value from outside of the Hive ecosystem.
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
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
This is a great and good job done by the leo team. Can’t wait to see more from the community. I also noticed the view on thread and was appreciative of it. Impressive updates in the nearest future.
https://leofinance.io/threads/peniel2010/re-leothreads-37sxbzhqr
https://leofinance.io/threads/ifarmgirl-leo/re-leothreads-2clrab3s4
The rewards earned on this comment will go directly to the people ( peniel2010, ifarmgirl-leo ) sharing the post on LeoThreads,LikeTu,dBuzz.
Things getting more and more better!
The best thing happened in recent time is this Leo Ads revenue and Views analytics.
Day 1 of Asking this question begins now. I guess, Twitter will be a Good way to bring reach and traffic.. also reedit.. both gonna be finest place to get views!
I'm sure everyone will focus on that.. driving value into hive from Web2!
This is really true to get Leo on move. Thanks for your contribution.
This is really incredible to see Leofinance going live LeoAds. Increasing Leofinance views post for many to get more attention. I want to really see Leo performing in the midst of other Crypto Tokens and reaching heights. I'm very excited 😊 been part of Leo Fun!
Integrating page views along with the possibility to sort by views can be a game changer. Showing how much that means in terms of ad revenue is a fantastic idea. The only issue I see is that page views will always be split on Hive among the various interfaces, so it's difficult to have a total. From Leofinance's perspective and the ad revenue, page views on Leofinance are all that matter.
The dream comes true with the hard work. LeoFinance is becoming one of the best examples of Web3!
This is definitely awesome, their is no more better means to growth on web3 than this.
Interesting updates
Excited and can’t wait for this 🦾🦾🦾🚀🚀🚀🚀🚀
Sent it sir
Brilliant is just the word.
LeoFinance to the world!
WOW Leofinance is making himself in something else, something bigger and more profitable.
Great updates! More things are beginning to take shape on the Leoverse. Exciting times ahead :)
It's good that curators will focus more on those generating higher pageviews, it's really only fair because that's where the primary revenue is coming from now, no more inflation rewards with zero backing mechanisms.
Off I go, happily to buy more $LEO
There are people that still don't understand what this represents. To me, it's true freedom and true #web3
Can't wait for this guys, well done. On so many levels!
It's been a looooong time coming but the light at the end of the tunnel may finally be in sight. There's still a ton of work to do, obviously, but it really feels like the infrastructure and framework is now in place for LeoFinance to be all it's meant to be. LFG!!!!
This further shows that the team keep working on what is best for the community, which affects the authors directly.. Kudos to the team as this will change the face and how people earn and also how they think of the platform.
This honestly should be a major turning point for the hive blockchain. Like you said less and less internal looking and instead more external looking which is where growth really is. Honestly some times I feel like some of the "top" people want it small and to just keep cashing out. Maybe I'm wrong in my thinking on that but what is for sure about to change is growth and revenue. As more people see how a layer two token on the hive blockchain can be run like a web2 company but with powerful web3 features it should take foot and see many other adopt to it.
Impressive stuff here. This is simply out of this world. Users that do not have a basic understanding of ad revenue and pageviews might not get what this is all about. But then, we help them learn while we also push this project by marketing our threads and promoting posts to get as many page views as possible.
Nighty incredible - Wooow!!!