Anomad and I had a long chat today and we talked about all things LeoVerse. I got to thinking after our chat and we talked a lot about Web3, the vision for LEO for the next 10 years and what our mission is.
Our mission is to "build the next facebook" so to speak. Facebook, Twitter, Google, Instagram... whatever Web2 platform you want to insert.
Our mission is to build the next major evolution in social media applications. The driving difference? Web3.
Web3 means a lot of things all wrapped up in 4 letters (well I guess, 3 letters and 1 number... if you wanna be technical about it).
Our mission aligns with the idea of growing this place to millions of users, creating billions of pieces of content (articles & microblogs) and driving massive levels of engagement all the way up and down the ladder.
Web3 and Driving Value to Users
The goal in us building this platform is driving value to the people who build it.
This is the key divergence in our vision vs. that of Facebook (again, insert whichever Web2 platform you want) is that instead of a corporation making hundreds of billions of dollars in market cap value, we want that market cap value in the hands of the people who built it.
Imagine if you could earn shares in Facebook as you created content and engaged on the platforms in the early days all the way to today? You would have likely made millions... perhaps billions of dollars. For simply being an active member of the Facebook ecosystem and doing positive things to engage and grow the user base and content base.
That is the goal of LEO. Our aim is to build The Everything App that allows you to bring all of your social interactions onto the blockchain. Onto the Hive blockchain.
By being active, social and engaging on Web3, you are then able to earn LEO and build your share in a thriving Web3 ecosystem.
As LEO continues to grow through the community's efforts to create content and engage, so too does the network effects of the ecsoystem.
It's a radical shift - instead of a corporation getting rich off the back of User-Generated Content (UGC). The users get rich off the back of their own content.
LeoAds and Engagement
You see that we added views to the UI. Hovering over views shows you how much expected ad revenue that piece of content brought in.
Right now, this is live for microblogging, but it will soon be live for Articles as well.
I spoke on the last AMA about Evergreen Content on Hive and how I believe we can solve the issue of the 7 day payout window by allowing authors to earn a % share in the ad revenue (views) their Articles generate in perpetuity. This is POWERFUL shit.
Soon, LeoAds will go live and show what is truly possible with Web3. I think the aftermath of LeoAds smart contract going live will be LEO returning to last bull market valuations ($1+). It's impossible to know, but it is a hunch.
I think people will finally realize what has been built here on LEO. We've built an incredible value system where engagement leads to real dollars funneled into the system through ad revenue that buys the token and increases the LEO POWER share that each engaged user has. It's truly incredible.
And it's all built on smart contracts, Web3 and Hive blockchain technology.
I have so much more to say about LeoAds, Evergreen Content and our Web3 vision but for now, we just deployed the biggest update to LeoFinance.io that we have ever deployed. It has more features, functionalities and bug fixes than any other single update we have ever pushed.
If you haven't tried our new UI yet, please try it now. You're missing out on earning LEO, staking for LEO POWER and then earning from LeoAds -> https://leofinance.io
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
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 3.8M 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