There was a post about Leofinance looking to increase the monthly active users by about a factor of 5X.
Here is the link to the article:
In this video I discuss how Leofinance is approaching things from a business perspective. During the bear markets, buiders are the ones who excel. In crypto, most engage in monkeying around with the tokenomics with the intention of getting price to go up. This is a problem when the bear takes hold.
For this reason, something like Leofinance is one of the ones that I am going to keep growing. It is where building is taking place.
▶️ 3Speak
I have been saying allot of the same and is why we are focused on continuing to build out Hivelist, as it has an amazing use case and builds an ecommerce economy here on Hive using HBD. The more we build it the more value we have the ability to bring in.
With BlockTunes, we are trying to build value and build a business around the blockchain music scene. It's about building value and services... The token directly feeds the DAO which then helps feed the business and pay musicians.
The key is really to look at this as a business. Most major businesses do not care about the every day moves of their stock price. They are trying to build value in products and services to their customer base.
It's not about token price, and the people who only focus on that as their measure of a business, is extremely immature in investing and really do not understand what they are doing, and those people will not make it very far.
I would say you nailed it with this comment. I am a big believer in building value. That is something that takes time. We cannot simply do it in a couple months and expect things to explode. While that does happen, the implosion is often just as quick (see Justin Sub and USDD).
We are building, that is what is important. It all feeds into the same trough.
Posted Using LeoFinance Beta
I see great potential in Music NFTs as well as proof of brain rewards for music. If we reward blogs, art and video; we have to take time to include music/audio to the list to cover the bases.
Best of Luck!
!PIZZA
Posted Using LeoFinance Beta
Great insight. No comment needed for the sub-Reddit idea but we will see how the market reacts. I don't use Leo Finance to post that much but a 5x increase should do wonders for LEO and the community.
Yes it should really help out. We will see if they can get to that point.
A lot of good ideas. Now just a matter of executing.
Posted Using LeoFinance Beta
Leofinance is growing little by little there are good projects being developed that will bring us excellent benefits in the coming years
It is a trudging process. While we would like it to be quicker, we can only go at the pace set forth. It is a slow process and we all have a part in it.
Posted Using LeoFinance Beta
LeoFinance is doing a great job but I wonder if the focus on the site is the best thing to do or not. In a way, I think trying to get Project Blank out there might be better because it has a wider user base available.
Posted Using LeoFinance Beta
Leofinance.io is the flagship. Have to build that up.
And ProjectBlank is still dependent upon the leoinfra captabilities. That is going to take awhile for developers to sort out.
Posted Using LeoFinance Beta
The #LPUD initiative is exactly one that would get people lurking around leofinance, I'm just getting ready for the second month July as I didn't participate in the first power up.
Leofinance is one I stand with as I've grown so far and willing to go in the upward scale with the family.
Posted using LeoFinance Mobile
It is a great way to get people thinking about Leofinance and their standing on the platform. That will help to enhance all the development that is taking place.
Posted Using LeoFinance Beta
I agree with you...
Posted Using LeoFinance Beta
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Summary:
In this video, the speaker discusses the importance of focusing on actual business building strategies in the cryptocurrency space rather than solely on token price fluctuations. He highlights the example of LeoFinance's goal to attract 2500 monthly active users as a measure of success in the crypto world. The speaker emphasizes the significance of building a solid user base, community engagement, and offering value to the project. He also mentions other successful projects like Splinterlands and various initiatives within the LeoFinance ecosystem, such as community pages and upcoming projects like Project Blank.
Detailed Article:
The speaker delves into his critique of the prevalent behavior in the cryptocurrency sphere where the focus is primarily on token price movements rather than actual business growth strategies. He praises LeoFinance for aiming to increase their monthly active users to 2500, considering this metric a more substantial measure of success compared to token price. This shift in focus towards user growth and community building is seen as a positive step in the right direction within the crypto industry.
He draws parallels to traditional business principles, stressing the importance of sales and customer acquisition in any venture. By highlighting LeoFinance's approach of prioritizing user engagement and traffic generation, the speaker advocates for a more business-oriented mindset in the crypto space.
The discussion expands to acknowledge the success of projects like Splinterlands, a Hive-based initiative that experienced growth by attracting a significant number of users. This success story serves as inspiration for LeoFinance's strategic approach to building a strong user base.
Furthermore, the speaker mentions other projects under the LeoFinance ecosystem, such as HiveStats, Cub Finance, and PolyCub, emphasizing the holistic growth and development strategy being employed. The mention of upcoming projects like Project Blank, a microblogging application that may integrate with Twitter, highlights the continuous innovation and expansion within the LeoFinance ecosystem.
In conclusion, the speaker encourages listeners to focus on the development and growth of projects during bear markets, emphasizing that sustainable success in the crypto space comes from genuine business building efforts rather than short-term token price fluctuations. By emphasizing user engagement, community outreach, and offering valuable services and options, the speaker paints a picture of a comprehensive and sustainable approach to cryptocurrency project development.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.