A once small community on hive that started as @Steemleo is now growing into a sub-network of communities inside the the Big Hive network. Yes! LeoFinance has now grown beyond just being a layer 2 community on hive blockchain to becoming a hub where several Hive communities converge alongside non-hive crypto projects/communities.
The growth into the LeoFinance we have today has been slow but intentional and systematic. Looking back to two years ago, the vision was clear as to what LeoFinance would become and those who understood the vision have stick around to date. There is still a long journey from where we are at LeoFinance and where it should be in the couple of weeks, months and years to be.
The latest update from @LeoFinance has shown that more communities are interested in building around the LeoVerse , hence positioning for the future alue that the $LEO token would be generating. This also comes as LeoFinance celebrates a new Monthly Active User (MAU) of 1,030.
Over 20 Hive communities have embraced threads to build their own thriving communities, fostering collaboration and decentralized voting.
As things are shaping up around the expanding LeoVerse, it would not be wrong to start seeing how one can build a web3 career around this community. Yes, we have content creators (long form and microblogging), curators, developers but how many of these are engaging the LeoVerse at a full time basis? Many would question such possibility especially as we are in the middle of the bearish market. However, the decisions we take now as things are at the bottom would tell what we can draw in the future when the green markets emerge.
Two years ago, I asked a question Can You Really Earn a Living on LeoFinance?. Then, $BTC rallied up to $40k for the first time and the alt coins did respond favourably. Our dear LEO token was around 60 Cents and everything had looked so green. The next bear did hit and all crypto markets plunged and it also affected $LEO which went down to 4 Cents as at few weeks ago.
We'd agree that the rise of LEO then was mere speculation as there were no tangible usecases for LeoFinance and LEO then, though there were plans for Lightning DB, LEO Sidechain Testnet, Project Blank and Airdrop promises. Today, the LeoVerse is all different with true and real-time usecases for LeoFinance and the $LEO token. With Microblogging (theads), NFTs, LEO derivatives on Polygon, Ethereum & Binance Smart Chain, LeoAds revenue, improved LEO tokenomics, Leo Power gamifications and communities on LeoFinance, there is a green path towards the future of the LEO token and the LeoVerse in general.
We can now call LeoFinance the Web3 Everything App and we're seeing more possible usecases unveiling each day. Earning options within the LeoVerse has increased and i can tell that giving in Eight to Ten Hours daily here can come with a lot of benefits and income with passive and active engagements.
Looking at the future from where we are now, we can boldly say that it could be possible to make a living sustainably on LeoFinance. It's going beyond just a socialmedia to providing for everything that web3 technology can offer. We even have play to earn games in view. What more would one demand?
For instance, in Nigeria where minimum wage is $43 that is equivalent to 520 LEO at the present $LEO rate, a LeoFinance user would need to earn at least 18 LEO daily to meet up that minimum wage threshold, that is if the user shows up here everyday. But how easy is earning 18 LEO daily? One would be able to answer the question by analysing the earning options that are available on LeoFinance.
- Microblogging ( you earn $LEO and $HIVE upvotes) as well as page view rewards.
- Long form contents ( you earn $LEO and $HIVE upvotes plus other Hive-engine tokens).
- Content curation (you earn $LEO based on your Leo power
- Trade LEO for arbitrage profits
- Delegate Hive Power to @Leo.voter to earn $LEO.
It is easy for any random user to earn as much as 18 LEO daily if (s)he invests sufficient time (6 to 8 hours daily) engaging at least 3 out of the 5 options listed above.
It is beautiful to see how cryptocurrency has helped to disrupt the world of work and thus, creating more wealth generation avenues for all. Glad that Hive and LeoFinance makes it easy for the common man to build a fortune in the crypto world without an initial investment capital. Indeed, social reach and skill is capital here on LeoFinance.
Let's see as things unfold in the coming weeks, months and years.
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What is 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 and share content on the blockchain while earning cryptocurrency rewards.
Let's Connect
Hive: @uyobong
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966