The leofinance community has employed various means to bring about positive engagement among amongst its members. A means to foster growth and enhance development, thus, there have been several updates and activities to ensure that everyone is carried along innl one way or another and partake in several activities that they would be rewarded in cash or kind. So the use of various activities on the web 3 social media platform, has use these to stimulate positive reactions from members on the blockchain.
WHAT DOES GAMIFICATION ENTAIL
The general idea of gamification is to apply features or benefits of a game to tasks that are not literally game related, gamification is the simply the act of applying game features to real life tasks. Simply put, I believe adding features to certain activities or tasks been carried out on a particular platform could be rewarded in different forms thus bringing a sense of belonging, creating engagement strategies like using incentives to attract users wto complete tasks and get rewarded.
MY EXPECTATIONS FROM GAMIFIED LEOFINANCE COMMUNITY MEMBERSHIP?
Most communities have incorporated gamified activities on their platforms as a means to reward their consumers and offer incentives to its consumers. The leofinance community has gamified several activities for their members to work and at the the same time have fun while at it.
Generally, I believe that gamification has always been a part of our human lives, where you get to do stuffs to attain greater achievements. Just like going to primary school and get rewarded a certification after the 6years,same thing as high school, university and so on to get that degree certificate which would be much needed for progress and Accomplishments. Thus, expectations from a gamified leofinance membership is that there are more ways to earn as development is on the rise.
EXAMPLES OF GAMIFIED LEOFINANCE EXPERIENCES
LEO POWER UP DAY(LPUD) BADGES: this is a perfect example of what gamification on leofinance truly is. When lpud started, it didn't gain momentum or widespread number of participations from members but when the bonus prizes were introduced people began to see reasons to partake in the activity. There are great incentives associated with participating in lpud which includes either getting a bonus prizes delegation reward or earning a merit badge on
. Thus, the singular act has been gamified which enhances growth in return for the community and onboarded more members.
LEO TOKENS: The Leo tokens is a means of gamifying one's experience on leofinance, it is a sure thing that once you carry out an active on the platform you get Leo tokens in return. For instance, the frequent use of LeoThreads these days is a mean to gather and hodl Leo tokens. For just posting a short Form blog on threads you get curated with Leo tokens. Thus, like a game you play by writing contest and you win by getting Leo tokens. On the blockchain generally, through our actions on Hive we accumulate hive or hbd , Leo, and even second layer tokens.
DELEGATIONS: I also see delegations as an example of gamification. The idea of delegating a portion of hive to a curation account for the sole benefit of getting daily Leo tokens is definitely gamified.
RANKING: there is also the case of ranking on leofinance, a gamified method that has made members engage more on leofinance, LeoThreads or other activities so as to be mention on the ranking table.
WHAT ARE THE BENEFITS OF GAMIFIED COMMUNITY CONCEPT?
Due to my knowledge and experience of the leofinance platform, There are several benefits of a gamified community concept and this may include:
- Engagement: gamification brings about an increase in the level of engagement with activities going on in the community or between members.
- It enhances growth and development for the community as a whole. Imagine if I get to do a task and get rewarded for it in several ways, as it makes me grows it indefinitely makes the community grow too.
- incentivising people with rewards so they can put in their best performance.
- there is fun in working as a motivating factor is involved.
- it increases the user's database immensely as more people have a reason to partake in activities.
- it challenges the members of that particular community to do more and be committed to make contents that are worthy. Thus, making them knowledgeable in the field and open to learning.
COMPARE GAMIFIED CRYPTO COMMUNITY MEMBERSHIP MODELS FOR SUGGESTIONS
Well, most social media's has one way or the other through which they gamify their users experience to accommodate and increase engagement levels. For instance on Twitter, more followers and content creation give the user a blue tick from the company. Also on Instagram, people aim to achieve the verification badge hence putting in the hard work. On Facebook too, more followers means more earnings and more visibility to your account.
POSSIBLE RISKS AND REWARDS OF ADOPTION GAMIFICATION ON LEOFINANCE
The only risk that can happen is if leofinance should shut down completely and that is not happening rather it has come to stay for a long while, thus is why people are heavily invested in it. The risk that could happen would be that users could expect consistency in getting incentives for every action, for instance, the last LPUD members were expecting the first lpud of the year to glamorous asides the usual bonus prizes but alas there was nothing like that, it could have discouraged some people.
In conclusion, gamification already exists in our lives naturally, different methods have been applied to enhance gamifying in the digital world. Either by tokenization, badges, ranking and so many more.
This is my entry for the LEO&HODL contest. I use this medium to invite 