[IMAGE: https://img.3speakcontent.co/frtombel/post.png]
▶️ Watch on 3Speak
I recorded a quick update on the upcoming WLEO relaunch, the recently released updates to the LeoFinance UI and also our progress on the November roadmap as we roll out more features from the LeoFinance V2 P2 update and also the newest LeoInfra integration.
It's been a minute since I recorded a video and admittedly, I felt super rusty.
EDIT: I meant to edit a part out from the beginning where I just lost my train of thought mid-sentence. Oh well, guess you get some comedy there. The struggle is real.
I tried to keep it brief and to the point about the upcoming developments since we have so many projects releasing in a short period of time this week and next.
In This Update:
- LeoFinance.io V2 P2 Development Progress
- WLEO Relaunch Date and Important Info
- WLEO Wallet Update to the LeoFinance UI
- UI Feedback - New Curated Page for Manually Curated Content Feeds
- New LEO Tokenomics Widget and Real-Time Stats
- WLEO LP Returns - What's The Best Way to Provide Value to the LEO Ecosystem and Earn the Best APY?
Tomorrow, the WLEO intro post will go live on the @leofinance account which will contain our new architecture design, how we've built a more secure infrastructure and other relevant info on the WLEO relaunch. Stay tuned 🦁
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LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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▶️ 3Speak
That is utterly fantastic!
I suppose twitter is the number 1 platform people are using to promote Hive and Leo content, so it makes perfect sense to have them sign up using their twitter accounts. As for bringing people, I'm currently working on something that haven't been done before (to my knowledge), so it will be fun to track the results from that. If it works like it should and like I hope, it should definitely result in more traffic at least.
That basically means that we bring them all the way to the door. Just like you do with MetaMask and the upcoming Twitter sign up.
I have a really good feeling about this..
Posted Using LeoFinance Beta
Thank you for all the hard work @khaleelkazi! This project definitely going straight to the moon! As you knew I am almost new here, but I have seen many changes in this last couple of days and that keeps me excited and motivated. I still have to check all the roadmap and use the UI more to see if I can give some kind of feedback.
One thing that I would love to have is a place where I could calculate rewards for Leo, I think that this was possible on HiveStats.io but since the last HF I haven't been able to check them, not even the regular rewards from Hive... I sent you a message earlier today, maybe it's a complicated question but let me knew if I can help.
And awesome news for the WLeo relaunch!
Posted Using LeoFinance Beta
@teknow | Nov. 10, 2020, 7:53 a.m. | Votes: 3 | [
VOTE ]
With that Twitter sign up you can actually target prominent Crypto Tweeters because that "sign up with Twitter" gives them an easy entry to at the least step in the door. It's genius really.
I wonder then.. since on this platform exists "poshbot" which is showing people here that their here-content was shared on Twitter, then what about sharing Tweets of prominent Tweeters here on LEO. On a type of "tweeter guest list" and a simple comment on that Tweet like "your tweet was shared on LEO" could simply exist as a notice to them and also as a sneaky way to entice that Tweeter user to try out LEO on their own time. It's only natural for someone who dedicates their time to talking about Crypto on mainstreet, to seek out the LEO audience, who live Crypto!
IMO, the whole cross sharing of content is under-utilised. Sharing works at generating interest and that works as network effect so I personally believe the system of Hive, where content MUST BE ORIGINAL is limiting. I don't mean that plagiarism be practised, but if outside content (and it's authors) know that their content has attention here, then they are likely to come with interest, or at the least.. lurk. It's essentially like poaching talent, but without the spammy shilling manner of what others are doing.
Well done for your moves anyway.
@teknow | Nov. 11, 2020, 9:51 a.m. | Votes: 1 | [
VOTE ]
Yeah exactly. Your point actually reminded of the LEO recent group chat where they talk about a way to post video content onto YouTube and 3Speak (and likely other platforms) simultaneously. That's a great tool which might then be expanded on to do the same in reverse. Pull content from other platforms/networks and in a few clicks be migrated over to the Hive network.
In fact if that existed NOW Hive might likely be making news in the censorship resistant saga. Experiencing a large intake of users and a better token price even.
Imagine how convenient that would be if channels that were receiving breach notices from mainstream could have their world migrated to Blockchain in a few simple clicks. All they would then need to do is convince their followers to support their move, which a large amount would.
If then again the migration process was simplified on Hive like how LEO is doing, Hive wouldn't be lacking activity. These things aren't difficult to do either so I can't help but think that Hive is failing not because the technology isn't good but because the development and improvement is just too damn slow.
@teknow | Nov. 12, 2020, 12:57 a.m. | Votes: 1 | [
VOTE ]
You express my views almost like a psychic medium. I've seen that too for a long time.. there's no progress because those select few get paid either way. In fact slow uptake suits them better because more users means rewards go down.
I don't see that second layer rolling out anytime soon. The recent talk between the coders was a little worrying. @blocktrades essentially had to spell out what second layer means to the other coders. So how is it that after all this time they're not even clued to it? It proves SMT was always just a great idea but existed as a dusty whitepaper only.
So for that I see at least half a year before activity becomes significant. The H-E second layer by @aggroed seems just like a money grab so I just don't see that as a solution. People who code things here want money first, when there's really no businesses minds here or a large enough userbase for that to make sense. Hence everything has very tiny communities.
The current model just isn't making Hive attractive. Even if something is ready soon, people outside still need to find out about it, projects still need time to get established, and users take time to migrate.
From my perspective, as long as Discord is the default chat for Hive users and there's no superior mobile app to get into people's hands then this is not at all going to be anything more than a niche blogging chain. Leo is achieving success because crypto blogging is relevant.
Any other group though is just fine on the mainstream platforms because they're well catered for.
@teknow | Nov. 12, 2020, 1:40 a.m. | Votes: 1 | [
VOTE ]
Yeah LEO is more than content. It embodies all that crypto/blockchain claims to be so it's great to see them making moves.
The favouritism is by design on Hive because dapplr should really be better received by the "establishment of Hive" but instead they shunned it. @ecency is the 'pet mobile app' of the hive group but the development of that only started moving when dapplr showed how easy it was too develop a good mobile experience.
I haven't tried it though because I have goggl services disabled on my phone and they only offer it through the appstore. It does look good though and they're well received by users that utilise it.
It shows what communities can do here and the powerful thing is that they offered it for free. Coincidentally, ecency then removed their beneficiary clause from using their app shortly after dapplr released free. Funny that.
Anyway I'm not against making money.
My one main gripe with things here is that people don't seem to realise that users need to find this attractive, welcoming and sustaining. For years this project of "social with rewards" has just not done that. For the million plus that have come through the door, only a tenth of that remained and then a tenth of that could say they're well rewarded.
So second layer sure better be amazing or who's even going to care!
Their excuse was the fact that Dapplr wasn't open source. I don't think it made any sense. That @netuoso was getting paid thousands upon thousands every month for absolutely nothing while DApplr wasn't getting any funding at all was very telling. Ecency is better than nothing but it is quite clunky and it has some usability issues. For instance, entering your posting key to it is a pain in the ass and if you accidentally log out, you have to insert the key again. Now that Hive Keychain supports presenting the keys in a QR code, all mobile apps should be able to upload the keys from Hive Keychain by reading the QR code. Compared to mainstream social media apps, Hive DApps have improved a lot but there still is a lot to do. I don't use Instagram but I have it installed on my phone. Someone with a room temperature IQ is able to use it.
You're absolutely right in that the whole idea of social media with rewards has not proven to work adequately well. While it is true that earning even $10 a month is much better than earning nothing, it is not enough for most people to leave comfort of the mainstream apps they spend time using. But if the user experience were as good as on mainstream apps, the potential to earn would definitely be a plus. But that's the thing with mass adoption: there cannot be enough money to go around for most people. This extremely simple thing was a really tough thing to understand for many. The monetary value of the average post on a mainstream platform is extremely small. Twitter is at the top of social media platforms in terms of being able to monetize their monthly active users. Their annual revenue per MAU is $9. While it is clearly higher per daily active user, most likely up to an order of magnitude higher, that $90 a year per daily active user would not be enough if the user experience on Twitter sucked or if the platform were as much of a hassle to use with all the key management and stuff as most Hive apps.
On social media, the reward distribution will inevitably be quite top heavy no matter what. What Hive as a tokenized platform has going for it is the very low threshold for starting to earn.
I wonder how many user even Splinterlands has been able to attract from outside the ecosystem. Probably not many. Have they started their Brave advertising campaign? The success of Leo is far from certain but the prospect of earning crypto while talking about it sounds like a no-brainer. Also, curators on Leo seem to understand their role. And what's different from other DApps is the emphasis on measuring and benchmarking all progress. This is actually surprising as that Tribe is around money and the leaders on that platform are business people. A tokenized Seeking Alpha with a heavy emphasis on crypto seems what they're aiming for.
I am enjoying the curator's picks personally! Love the variety of crypto/finance related posts that appear there and like that you know they've been manually picked/reviewed as well! I tend to glance at the top banner of 5 and if I've already commented then have a glance at trending, before going to the curated picks. It just all flows really nicely - top work on that!
That widget is pretty cool too to see the percentages, like that it's quick and "at a glance"! Wonder how the spread will look as the wLEO pool thing (my technical phrasing haha) opens up!
Oooo that suggested/automated tag thing looks really good too! I'm always unsure about the tags to use as I know the first 5 are important for categorising the post so want to make sure it can be discovered - that will really help. The next 5 tags after that don't matter so much as they aren't indexed right or is that not the case anymore?
Posted Using LeoFinance Beta
