LeoInfra - The Hive Onboarding Behemoth Driving User Growth in 2023
LeoInfra has been something that we got a lot of excitement about in the past. People talked about Lite accounts on the Hive blockchain for a long time.
Lite accounts are a great way to onboard users. People want to drive the car, they don't want to need to know how the car works in order to operate it.
In early stages of technology, people needed to learn these things. Think about how hard it used to be to use Hive on a daily basis.
Today, Hive is already a lot more usable. Things are easier. But onboarding still isn't perfect.
LeoInfra will drive our growth. We're onboarding 5,000 MAUs this year!
In This Clip:
- We spent several years building this tool.
- It allows users to sign up to Leo without the need of keys and complicated stuff about the hive blockchain.
- The new UI will have this infrastructure in order to exponentially increase our monthly active users.
- Ease of use trumps security.
- People want to drive the car they don’t care about understanding how it works -> This same mindset applies to a big chunk of social media users, including the social media side of Hive.
- Users also have the option to log in with Twitter and Facebook but they can also learn about how to use the wallet keys and experience Hive at its full potential.
- Google sign in as an option.
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
▶️ 3Speak
This sound great, at least making signing in less stressful and having access anywhere you are, but on a contrary hope it won't allow security breach on users account since key's aren't important
Posted Using LeoFinance Beta
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I got the point. An easy way to attract people to hive. This is wonderful
Posted Using LeoFinance Beta
Critical part of growing a web3 app. People don't care how it works they want it as simple and easy as possible. The more jumps they have to take in terms of signing up, learning etc the lower the conversion rate.
Posted Using LeoFinance Beta
So what happens with their "rewards"? Will people that use their Twitter, etc. accounts to log in still be able to access their rewards? Will they be able to vote? Is there a way to automatically stake those rewards so they actually will start being able to at least give rewards when they upvote?
For example, say someone uses their account for a year, giving and receiving upvotes throughout. If their Leo rewards are automatically staked, even if they never access their wallet, then they could at least be giving votes and receiving half their curation rewards. On their 1 year anniversary LeoFinance could automatically Ping them with a picture of their account. Just for ease of numbers, let's say $LEO is at $1 after that year. They may have accumulated 200 Leo tokens over that year so all of a sudden they discover they have $200 waiting for them if they spend a little time figuring out how to use their keys and open their wallets. Now these people actually have a very real incentive to become full-blown LeoFinance users. $200 is sitting there with their name on it.
Seems to me that could really help with retention and activating people that are already warm to the LeoThreads app.
Am I out in left field here?
Posted Using LeoFinance Beta
I am impressed with this development, it will give room for more people to join the system. Kudos guy's
https://twitter.com/1415155663131402240/status/1624700868397518848
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