I've just watched the latest Leo Finance AMA and by the looks of it, I think the team is making the best move yet by turning back to the original roots and focusing on Hive-related products. There is so much potential not tapped in yet and if the new UI will be able to capture the large user base from here and make them threading, they will hit a win with it. Add on top of that the opportunity to work with influencers and get users from other social media like Twitter with the advantage of earning crypto and this community and platform should see growth like never before.
Maybe the bear market pushed the team to reevaluate the Leo Finance strategy or it came organically from the experiences on the market, but nevertheless, the approach of going back to Hive blockchain roots and building up here mean and lean is the best move done. Why? Simply because there is tremendous potential on the Hive blockchain and too few builders in order to capitalize on all the wealth from here. And because the Hive user base expands day after day and that happens organically without any serious marketing push that might artificially create pumps and users jumping on this ecosystem.
The growth from the Hive blockchain is healthy and any established business here will ensure safe travel regardless if the market is bull or bear. The user retention I believe is quite high and lately, we see more applications that onboard users for their scope and which are afterward expanding within the Hive ecosystem by discovering other apps from here. A great symbiosis between communities with strong members that act as spokesmen and put the shoulder to projects evolvement.
The Leo Finance new redesign with a UI mimicking the Twitter interaction for sure will boost the Leo Finance community and I believe it will push its growth to new all-time highs. Above it all, the great thing is that it responds to a need in the market and this is what will ensure its success. I believe there are great times waiting ahead and being early here and accumulating LEO will be a factor that will provide also some nice expected earnings in the long term.