Just caught up on today's INLEO AMA Thread.
Here's a thread with my top 5 comments/advice/#feedback from the show 👇
1/🧵
Just caught up on today's INLEO AMA Thread.
Here's a thread with my top 5 comments/advice/#feedback from the show 👇
1/🧵
Re: Being active enough to receive ad revenue on your LP.
If you have 100% of your LEO delegated and need to have activity, use hive.vote to get your main to trail your delegation account.
I do this between forexbrokr and danewilliams so each vote on forexbrokr gets an extra 20K LP on every vote.
2/🧵
That's the way to go. I had been manually curating in both my accounts before and decided to set it up like that over a week ago or so because I almost have no time to keep doing it.
It only becomes a problem if you're curating content that isn't eligible for LEO rewards.
Then you just end up wasting your vote power.
Yeah, that's right though. Have to know how to maximize the curation.
Golden advice
Adding to this, I see a lot of people wanting to delegate their LEO to earn a flat APR.
But using hive.vote to automate your curation to the accounts you're most social with can be a great tactic to increase your own post rewards.
Use your LP to play the social game.
I'm a big proponent of playing the social game.
Until we truly link the value of content being produced with the token price (something LEO is doing by generating revenue from their content), befriending whales is the best way to make money.
This is fine for now but we’re considering the removal of auto voters as counting as activity
This is to combat the inactive curation that happens all across hive
If we do this, we’ll give months of ample heads up before it’s deployed and changes distributions. For now, it still counts
Ah interesting.
I didn't think that would be technically possible.
Either way, I'm all for it.
Auto voters suck (but right now are such an essential part of how you get HIVE rewards on your long form so we have to play the game).
yes 100% I even use them too
That culture needs to change though and I have ideas on how. Will take some time to do it tho so for now they’re eligible for LeoAds pool rewards
Right now, HIVE rewards from whales are all that really matters.
But if INLEO can make enough revenue without auto-voters to push the price of LEO higher, the behaviour will change.
Just will take incentives and time.
Keep doing what you're doing :)
Re: Wen LEO node?
Coming next week!!
Still 1 week too long...
INLEO is just too hit and miss right now when posting or trying to engage in threadcasts.
Can't come soon enough.
4/🧵
Looking forward to it. Hope it solves the issues we are experiencing. I tried to be on threads via my phone and geez especially when on threadcast! I cannot imagine how mobile phone users are coping.
🤞.
They are saying it's up now! Not sure if this true though. So far so good an no crashes.
Re: Eventually moving LEO rewards purely to content created via inleo.io.
Khal actually saying this is planned is music to my ears.
Why are we paying people LEO who post from other front ends?
Does McDonalds pay its staff to work at KFC?
3/🧵
I hear you. It makes sense indeed to move it only to content published via INLEO.
Sounds like this will happen eventually.
Great news :)
Yeah, I think this can't happen soon enough
Screw KFC.
Pay your own staff.
This was brilliant. And great example. Leo for Leo!
We need to better incentivise the type of content that makes the value of our LEO investment go up.
That being:
Agreed!
I think leonode will help as well because once things work 100% all the time, people will start using the platform religiously. I know I have to run to peakd every now and again to vote / comment when things get laggy.
I can get behind that IF — and ONLY if — the InLeo front end is in a 100% stable and bug free release. I still have to rely on PeakD a good bit of the time.
what is not stable?
If you are talking about the threads taking time to post that has to do with Hive nodes rate limiting the platform.
Leo has a node coming online to fix this.
I stopped using PeakD 2 weeks ago and no issues.
What is "not stable" is getting an error message much of the time when trying to publish long form; sporadically getting the "oops" lion when clicking on notifications to answer them... really hoping the Leo node will fix this!
That has to do with the rate limiting of the Hive nodes.
That is not an InLeo issue that is a Hive blockchain issue.
Peakd runs a node so they don't rate limit themselves.
Soon LeoNode will be live.
So please don't FUD about bugs that are not bugs.
Bugs implies the InLeo code has large issues when it does not.
I get you, but let's keep in mind that techies/developers approach web use from very different perspective than the "average new user" whom we have a massive campaign to attract. For them, if it doesn't work, it's "close tab, go elsewhere."
I don't think it is as a large amount of "close tab go elsewhere" as you think.
but I will agree it is some people.
But as we grow they will come back.
plus new users are born everyday. So losing a few now doesn't matter in a long term view of the world.
But that's because you want to earn HIVE, right?
So why should we be printing LEO to people who want to do that?
If you want HIVE, then get your HIVE via a specialist front-end like PeakD.
But I really think that as soon as the LEO price goes above the HIVE price again (inevitable), this mindset will shift.
Big LEO rewards, sustainably linked to revenue on inleo.io, will eventually be the big drawcard.
I agree entirely. But as I said, I'm not going to grant exclusivity to a venue that has persistent usability issues, particularly if there are more stable options available. Just like I won't promote InLeo as long as it's buggy.
Hopefullyyyy the Leo node fixes everything.
🤞🤞.
I agree. A very natural next step. Should drive people here more.
I feel the need to add that as of today WE CAN FREAKING SEND THREADS STRAIGHT OUTTA OUR KEYBOARDS BY PRESSING CTRL+ENTER!!!!!!!!
agora que falaram em test quero testar tb
haha acho que você ficou mais feliz com essa noticia do que em receber ad revenue nos proximos dias hsausha
nossa, sim hahehaehuaeh
Ohhh!!! awesome hhhahaa let me test it!
Let me test...
Oh, will you look at that ;)
Amazing, isnt it?
This is freaking awesome! My mouse can now have its break when threading, lol!
I know right! Best news ever lol
be careful not to press twice, since it tries to create a thread I guess, hive keychain just poped out!
Finalmente chegou, esse atalho é uma mão na roda para podermos comentar com mais agilidade. Eu também fiquei muito feliz quando colocaram ele kkkk
Awesome threadstorm! Bookmarked. Gonna read again tomorrow morning. Too tired, understood about 75%. 😂
You better be back, or I'm taking away that upvote... 😉
😅 You have my word!
Lol, made it! 😅
Re: LEO already deflationary purely from revenue buybacks.
So we had 220K LEO bought back from ads, leo.voter and premium per month... with inflation just 182K per month.
No being deflationary doesn't mean shit in itself, the token still needs a reason for people to buy/hold for price to go up.
Something we have via curation rewards and the higher social status on INLEO that leads to more rewards.
5/🧵
Agreed. "Scarcity" — be it via deflation or otherwise — doesn't amount to squat unless you have something people want to own/stake. An "earning and selling" mindset will still kill you.
Look at literally every single social Hive layer-2 token.
The model just isn't sustainable unless the front-end is monetising the content that they're printing to pay creators for providing.
Fact!
But it's probably an issue across much of Web3Land: Your token is not your PRODUCT. You have to have an idea/product/value-add that you tokenize. The token is merely the fuel for the product.
Not actually deflationary since the tokens are actually on the market. He is considering the market buying as determining the inflation/deflation.
I disagree although the buy demand is a good thing. The tokens are going to be distributed, hence in the circulating supply although many of us will likely stake them anyway.
It is good to see buy demand though. Maybe we will have some growth in terms of the ad revenue. Need to establish a baseline first.
You're right, it all depends whether the tokens being distributed are just dumped again.
But leo.voter is essentially the same right now and we're already seeing price tick up.
As long as its taking more off the market than are being dumped, it will be fine.
Yeah. The key to it all will be to get more money coming in via the page views/ads and them it could outpace even the dumping.
And we know if the price starts moving up, then FOMO sets in and others jump in to buy.
Baseline and grow from here.
Re: Final show of 2023.
Eric: "Bring your santa hat.. if you believe in that."
Lolll.
Personally, I can't wait to celebrate santa's birthday on the 25th of Dec.
Going to be a wild one!
6/🧵
I don't believe in hats so won't be bringing one
It's too sunny on this desert death island for me to not wear a hat ;)
Unless there are pictures posted on the Internet, it didnt happen.
Come back on the 25th ;)
It's truly glorious to live in a country where I can enjoy religious freedom
Any type of freedom is welcomes these days.
Sounds like you are going to enjoy yourself. Good for you.
managed to cover the main points of 1h of space in 1 threadstorm that was read in 5minutes excellent :)
Just sharing my thoughts :)
Great you were able to listen after the show ended, that's absolutely worth it I believe.
The show had a lot of topic and things one got to learn.
The AMAs start at like 2am my time.
I'm a pretty big INLEO fan... but not that big of an INLEO fan ;)
I think adding the username would make it more fun. So they can know they had one of the best comment
Sorry man, did you ask one of the original questions?
I was just sharing a few of my thoughts on the points discussed.
Yeah yeah
It’s nice
I love your post
Thank you for this, bookmarking it to read it tomorrow..
all great points. Did anybody tell you that you can be a blogger? 😎✅
More like: 🤓
ha ha that makes a perfect sense