Have you claimed & Started using your Midas powers with Leo ? (LEO&HODL)

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How Leo gives you the midas power in leofinance ?

Before answering this question one has to answer the obvious question that is ...

What is Leo ?

A common explanation can be explained with the following story.

There was a king who suddenly got the power to turn anything that he touch into gold.
Now Gold is a very valuable asset holding which gives you immense buying power and wealth. That being said Leo is the magic power on the leofinance.io platform similar to that of the king from the story.

However the analogy stops here because unlike the story which had some unfortunate twists and turns the story of Leo is an ongoing one with lots and lots of upsides.

Also the leo power is totally under a a users control and he decides when to use it.

A more technically correct definition of Leo would be that Leo is the native token of the leofinance.io front end a layer 2 project built on the hive blockchain.

For those who are wondering the use case of leofinance.io then upon first look it is a web 3.0 platform that focuses on content creation related to crypto, blockchain and financial information.

However if you dive deeper it is a complete cryptoverse a well developed ecosystem of dapps.
Within it one would find decentralized exchanges as well as platforms where you can stake and grow your crypto tokens.

The short explanation could be that it is a magical wonderland with a hard working team in the background that turns crypto ideas into living projects and takes feedback from the community and fine tunes the features making leofinance.io a truly decentralized platform.

How is Leo like the gold of the Leofinance.io ecosystem ?

Holding and powering up your Leo tokens increases your power to give out Leo by way of curation a lot like the magical power wielded by the king.
In the leoverse a user touches a post by liking it and up voting it. The more voting power you have and give the more you give.

The magical Story has a twist in the Leoverse

As a result of giving upvotes 50% of the vote value comes back to the voter (curator) as reward.

Each vote depletes your voting power and like magic it rejuvenates in a time frame of 24 hours.

This makes holding Leo and better still Leo power an indispensable and rewarding asset in a leofinance.io users portfolio.

What are the new features that Leofinance.io should incorporate ?

These are the features that @khaleelkazi has proposed

I feel we need to see and evaluate these features in the context of the current web 3.0 and web 2.0 ecosystems

If we look at microblogging then the name of twitter from the web 2.0 space pops up.
Being from the web 2.0 era it is centralized and perhaps it could never even dream of transforming into platform that could let the user create tokenized content in its current form.

In this comparison Leofinance is way ahead of twitter in being on a blockchain sans the centralization.
So there is no centralized censorship instead it practices a democratic setup of up votes where liked idea can be appreciated and up voted kicking in the tokenization feature to the display.

Up votes gives users the possibility of generating leo crypto income for the likes that a post generates.

Here is a glimpse of what earning from your twitter style short messages feels like

Overcoming the barrier of short messaging

Short messages as a medium of expression are very potent however there are times where the author needs to say something which needs expanded posts and to cater to this needs #microblogging with long form could be the ideal solution.

At the risk of sounding repetitive one may mention that such features are simply not present on web 2.0 platforms like twitter however to ease the pain of twitter users and to give them liberation and creative freedom Leofinance.io has made on boarding and getting onto the leofinance platform super simple.

Simply click on the Get Started button of Leofinance.io home page

This shows three options to get started with leofinance.io account.

The first one is the conventional Hive signup and
The second one is to for all the twitter users.

The third one is for the facebook users who want to get onto leofinance.io and enjoy the freedom and opportunity to created tokenized content.

Could we add another feature

Since the leofinance.io community uses the leo token on a daily basis so how about setting up a shop or a barter system where Leo could be bought with fiat ?
If this may have too much legalities then how about facilitation some kind of leo-fiat fateway.
Maybe able to buy gift cards from online retailers with Leo tokens or use some physical world instrument like paypal or credit cards to buy Leo tokens ?
I feel this would be a great feature and help users buy and power up leo with a lot of ease and stake it too.
I would like to invite @saggi07 @alz190 @alz190 for the contest here

Posted Using LeoFinance ^Beta