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RE: LeoThread 2023-07-15 16:40

A drop off after a big contest is expected... but I recall someone commenting on one of your posts explaining how there's always some % of retention after such a contest, and repeating contests/events could increase retention over time.

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Maybe. We will see. At the end of the day, to me, it all comes down to activity. If the place is dead, no matter who is drawn here, they will leave. We have to make the place active.

That's where having intermittent incentives is essential. Once activity starts slowing, having something new to rope in new people will help retention. The original Zealy campaign was brilliant, and can be a model for future contests!

I think the ad revenue will incentivize people, at least the smart ones.

Hopefully we get an article this week about it.

Right, that's a substantial one as well. It may be somewhat difficult in the early stages, however. Most people don't see any significant effect on a day-to-day basis, despite the fact that this absolutely not a get-rich-quick scheme.

Not but it will bring awareness and I think that is important. We need to get people focusing upon the potential, even if the numbers are small.

I am going to write a post about it.

Awareness is a great step. Cryptocurrency doesn't get enough credit as a genuine financial investment vehicle, but I think the slow-growth strategies exhibited here may give it more credence over time. At least, I hope so!

Bringing legitimate business practices is a big step forward. This is something that we have not seen in crypto.