Hello, everyone! Years ago, creating several projects and diversifying was the fashionable thing to do. Everyone opted to offer multiple services, creating different products and apps, and we were guilty of this too. We adopted diversity as our method, and it turned out not to be the best idea for the long run.
In this clip:
- Spreading too thin was a mistake in several projects during the DeFi summer, and the phenomenon is not limited to the crypto space
- We are consolidating all our projects into Inleo and the Leo token
- Focusing on one lean project is a better use of resources and will help us deliver a better product
- LeoDex has its own domain name but is still deeply connected to the Inleo UI, and no new tokens will be created
Consolidation is the key now, and this phenomenon can be seen not only in crypto but also in big companies like Google, Apple, and Meta, which are also consolidating their offices, with fewer staff and products but better quality.
By consolidating all our projects into Inleo and the Leo token, we are redirecting all our focus and resources to a smaller yet richer plate. That is why we are sunsetting all the other tokens and helping the community migrate back to Leo.
This includes the building of the new LeoDex, which, even though it has its own domain name, is deeply connected to the Inleo UI. Additionally, no new tokens will be created, and it will help connect Leo and therefore Hive with other external assets through our listing on the Maya Blockchain.
We are focusing 100% of our efforts on improving the Inleo UI and strengthening its economy.