Leofinance is going places.
It is hard to step back and keep our eye on the prize. When delays happen, frustration sets in.
The reality is that a few months mean little. Things are heading forward full speed although it might not be evident.
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Of late, CubFinance was the focus. There is a lot going on with that which will end up helping the Leofinance brand. Since it is back by this project, Cubfinance is going to help to feed attention and people to Leofinance. This will be one of the systems to bring in new users.
The other will be the microblogging platform. This is something that is frustrating a lot of people since we thought it would be released by now. Alas, that is life in the development world. All plans go awry. When something is coded, sometimes testing does not go as planned. Or, as we saw with another application, sometimes developers leave in a huff and do some dirty stuff.
Hence, patience is required.
This is where a long term perspective comes in. By the end of the year, does it really matter if microblogging was released in February, March, April, or May? Yes it sucks in the meantime but what is important is that it comes out, is not full of bugs, and is extremely successful.
People seem to be overlooking the sinks that are developing. We have token burning going on for both LEO and CUB. The addition of the second token allows people to enjoy more benefits from tokens. The microblogging application will provide a third one.
All of this will feed into each other. The microblogging platform will allow us to clean up a lot of the garbage posting on Leofinance.io. At the same time, that will serve as a feeder system to both Leofinance and CubFinance. Certainly, many who use that application, especially if they are crypto people, will be interested in the alternatives.
Of course, the key point here is they are all under the same umbrella.
Everyone wants a 10x-20x jump in their tokens yet most are not willing to wait for things to develop. Sure it is fun when markets go crazy but that is usually short-lived. When development is the driving force, that takes things to an entirely new level.
This means that the tokens end up leveraging off of each other. When we discuss the idea of the Network Effect, this is what we mean. People are not users of CubFinance, microblogging, or Leofinance.io. Instead, they are all part of Leofinance.
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It is a concept that was mastered beautifully by Facebook and its family of applications. The company does not care which application one uses since any will make on a Facebook (company) user. Of course, many do use 2 or 3 of the applications, further cementing the company as vital in their lives.
Leofinance can do the same thing. With an application like LeoBridge being developed, this could also serve as another way to promote the Leo family of products to the general crypto public. Ethereum has a ton of users with a lot of money utilizing that chain. Of course, many prefer to move tokens somewhere else, a situation that is not easy. LeoBridge will assist in that matter. Here we see ease of use as the main selling point.
Of course, we must keep in mind the transaction fees (.25%) charged by LeoBridge are used to burn both LEO and CUB. Just a guess but it seems likely that we could see the microblogging token added to the burn mix at a later date too.
Either way, we are seeing a lot of value built. With the proper branding, something that we do not see a great deal of in the crypto world as of yet, this could separate the entire ecosystem from a lot of what is out there. Trust is a vital component and Leofinance is working on earning that.
A great deal comes from simply being around, developing products, and forging ahead. Time only goes so fast. That said, Leofinance is 2 years old, something that not a lot can say in this industry.
Today, between LEO and CUB, we see around $11 million in market cap between the two. This is a number that is surely to go up over the next year. Also, we will be able to add in the microblogging AND a governance token. That will be 4 tokens (that we know about), all carrying value. Those who are involved by holding some LEO will likely end up with some of all of them.
Thus, the more LEO that is accumulated, the better position one is in to profit.
Long-term thinking is crucial for all involved. With development will come much higher prices in the future.
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Hello @taskmaster4450le
This is my first time reading one of your posts, but it won't be the last, I assure you.
Very interesting analysis, the idea of comparing leo with facebook looks very promising and is something that had not crossed my mind until now.
I am new to this community (lees than 30 days and I arrived thanks to CubFinance) so I feel identified with the ideas you raise in this writing.
Currently in BSC there are many DeFi projects but I assure you that there is none with a community as incredible as Cub-Leo.
Without a doubt, the future of the LEO community looks promising to say the least.
I think that once leobridge be released things will start to evolve faster, also at that point a marketing campaign will be vital to let everyone know about this new feature into the cryto world.
Because if we fall asleep, many platforms (In BSC) will look for ways to "copy" or at least try to grab customers from other blockchains. Find a way to build a customer loyalty will be very important in the course and implementation of LeoBridge.
Thans you for this pleasant reading
Have an excellent night (its night here in Ecuador), see you next time (probably your next post).
Pp.
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Welcome to LEO!
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Welcome to Leofinance, we are glad you made your way here.
I also look forward to reading some of your posts also. From your comment, it is evident you are not short on words which is excellent. Leofinance is a long form content platform and there will be a microblogging app added soon.
The brand is evolving and I think you will see once LeoBridge is going, the twitter army, for one, gets going.
Interesting times are ahead of us.
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Thank you very much for the welcome
Reading has always been one of my life pleasures life and I have always been a "coffee shop writer" (I don't know if this term exists or how it would be said in English.). Usually, i wrote for myself but finding this community I hope to be able to share my thoughts and ideas with everyone, hoping to bring some value to the community.
At the moment I've only published my presentation, if you are interested in reading it I leave you link My first post, all feedback will be welcome in order to improve my writing skills and my English.
Thank you very much for taking the time to read and answer my comment.
Pp.
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The anticipation of #ProjectBlank is killing me.. I wasn't even prepared for CUB but it's been working out well. I harvest about once a day.
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I do the same. It is all adding to the bags.
Just keep it growing and see where it all ends up.
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I agree that CUB and the Project Blank will be huge for LEO and it will definitely boon. The only issue I have is I want at least a few sentences stating the current progress. I am patient enough to wait because I know a refined product is required if we want to onboard and retain the new users. But keeping us as part of the loop would be nice.
As for the LEO-Bridge, I know that it connects ETH and BSC but I am worried about the fees on the ETH side. It is true that if the conversion is the cheapest that we can get many new users wanting the cheap rates. I think the fees will still be a killer for small amounts so only people transferring a decent amount of tokens for it to be worthwhile.
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Welp, considering the only option for those people is to do their transactions on the ETH side for huge fees or just sit on their tokens, I don't see what the concern is. They either stay where they are and pay huge fees or they find a way over to BSC and pay much less. The easiest way to get to BSC will be one-click on the LeoBridge. The easiest way back will be one-click on the LeoBridge.
You also have to remember that many of the transactions taking place on ETH are either large transactions involving ETH or ERC-20 tokens, or they are profits moving into and out of alts that have gone 2x, 3x, 10x, whatever. I've had more than a handful of those over the last couple months and as much as it sucks, the fees are not a huge consideration for when I need to move and where. They're just the cost of doing business unfortunately. Once the LeoBridge is operational, I fully plan on moving a few of the ones I have left over.
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Yea I guess it will give people a way out of ETH. If you are earning profit then the fees aren't that bad. I guess there could also some people who take advantage of arbitrage to send coins from BSC to ETH to earn money as well.
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You summed it up.
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The impatience being shown at the moment is mostly amusing to me @taskmaster4450. Why? In the relatively short time I have been following LeoFinance closely, I know of no other group linked to the Hive blockchain that has produced anywhere close to what Khal and team have done.
I also personally prefer (as much as reasonably possible) that things be "done right the first time." Not only has Khal and team turned out an amazing amount of work in a relatively short time frame, but it has also been quite well done. Again, I know of no similar track record anywhere else on our Hive blockchain.
When LeoBridge launches, I imagine we will be made aware of what some of the final details holding up progress were and why investing a little extra time up front, rather than releasing prematurely, will ultimately prove out to be have been for the best.
Like you say here, imagine where we'll be at the end of 2021. Onward and upward! 🦁🚀
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I would imagine it has to do with development. No ideas of the particulars but it must have encountered errors when they tried to test it with volume.
Just a guess though.
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Yes @taskmaster4450le ...
... if the "bridge" has anything to do with HE, that concerns me personally. I am hopeful they are going to be announcing their own "foundation" for handling the portion of these transactions tied to our Hive blockchain.
Either way, though, I am sure they will have done their best to make it as robust as they can manage, prior to launch. To do otherwise would be a mistake, so I am being patient ... 👍
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And @taskmaster4450 is overwhelming for me with its productivity.
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So am lucky to be part here... hoping to getting more opportunities from this platform 😁 and i will gonna try cubfinance as well.
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Keep leaving worthwhile comments and your opportunities will grow. You will find others getting to know you while also getting upvotes on said comments which will help your wallet.
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It's great that the team is moving ahead full steam. I still believe that the microblogging app would have captured the void that crypto enthusiasts are looking for. The short post definitely is easier to use and respond to and does not come with a baggage to right a full blog. People could easily spend 2-5 minutes and generate more traffic than 2-5 blog posts. As you said, a quality product is better than a quick product. Waiting :P
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No doubt and as far as I know, the microblogging is not past tense. It simply is delayed. I can only surmise as to the cause of the delay but I would figure it has to do with the coding. There had to be issues with something.
The same with LeoBridge.
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The future that Hive, Leofinance and Cubfinance have is magnificent. The road they have charted, they are going to go very far and I want to be part of it all. I would like to see one day millions of people using Leofinance and Hive, using the tokens in the best way and generating long lasting relationships with each other, that would be wonderful.
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As I said the other day, Leo is turning into the forgotten child with all the hype surrounding Cub, LeoBridge, PB, and the Hive pump. Once the audits and LeoBridge are out, I think there needs to be some focus on letting current users, new users, and future users know that Leo is responsible for all of this development. I'm happy to keep plucking them off for $1 but they really should be worth a lot more.
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I agree.
An updated Leofinance (the umbrella, not just leofinance.io) road map would be helpful. We are now at the end of the first quarter.
It would be good to get the second and third quarter outlook going.
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Totally agree. Other than the occasional pop-up on discord, I rarely see or hear anything from Khal anymore. There's no question he's got to be busy but...it would be nice to get a little direction for future postings. You (and I, to a far, FAR lesser extent) are the ones painting the pictures for the newbies....
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I'm in agreement for a big year ahead. Wishing you luck!
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I think you are right, I also believe that LeoFinance has a great future! Good Post as always!
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Ya One Year Hive hit 1$ and
Less than one year Leo hits 1$
talking about 10x
what if cub jumb 10x
We have to be patience and enjoy watching the revolution in front of our eyes
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I think a 10x jump in CUB is pretty much a given. It already doubled from the lows.
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this is amazing Jump in a Year no one can thought it could be very famous Blockcahin Plat farm at the block chain
the reason why this @leofinance is famous
because of @taskmaster4450 and @trumpman @onealfa are here to advising to everyone #Howtostart
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Slow and steady wins the race we learn from Aesop's fable of the tortoise and the hare.
Things move fast in the crypto world, but rushing about is not always a good thing. Fine for traders who can handle the stress. I would rather be an investor in a project that is looking to the future.
There is a clear roadmap provided by LEO Finance. They keep everyone informed as much as is humanly possible. I like it!
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They do move fast, but then they do not. Look at how long it is taking Ethereum to roll out their update. Those on EOS are still awaiting development. And Cardano was being built for years.
So when we step back, what feels like a slog is actually really fast development when we think about it. What can be done in a year is pretty amazing.
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I think blank will be huge. Leo and hive is not a get rich scam it’s about building relationships and stake in the community. The requires consistent and steady engagement. I’m finding if you do that monetary growth happens.
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It is really a simple formula with few shortcuts.
Consistency and daily effort are required but as you said, monetary growth does happen if one simply follows it.
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is the plan still to have an airdrop for project blank?
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I would presume so. There was no word counter to that.
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The journey thus far has really been incredible and it can only get better. I know how my financial tables have turned in the last 12 months of being actively participating in LeoFinance projects. Thanks for the encouragement you gave me.
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No problem my friend. I am glad that you are involved. It is wonderful to see the growth that is taking place here and among those who opted to get involved.
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Very true what you say here, since with only what we have now the growth of the leofince brand has come a long way.
And when they launch the microbloggin or leobridge it will be even more, what comes to my mind after reading this is: Why do you say that the new features will help eliminate leofinance garbage?
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Sadly many of the posts on Leofinance are truly better suited for microblogging. If there is amicroblogging platform, we can direct them over there which then would clean up leofinance and allow it to fulfill its intended purpose.
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Very true, and at the same time it is a better way to do leo finance.
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It is a concept that was mastered beautifully by Facebook and its family of applications.
good job
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Yes and hopefully be replicated by Leofinance.
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Good post, and well worth the read. While my feelings towards HIVE and STEEM have not been positive (or even hostile) ever since the split caused by two groups of greedy powermongers, LEO has been a breath of fresh air. I'm very impressed by what the LEO devs and community have built within the HIVE ecosystem, and I hope to see it grow into something far larger.
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I think it's silly for people to be 'upset' with project blank taking longer. CUB was something that to me was out of left field and had a lot more planning and preperation. Micro blogging is just another LEO platform and if it takes a little longer like you said WHO cares if it wasn't FEBRUARY or March. It's coming.. we know it's coming. Why? because of confidence ;)
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I agree completely. People are anxious to get started on it, including myself.
However, I would rather have them get it correct as opposed to rushing things.
In the long run, we will have it.
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Even at $1 per Leo I still think the price is decent and it also makes it the perfect time to accumulate more
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Logic that is very hard to argue with.
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That's something that I very rarely hear :P
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Cubfinance is rocking it so far and the attention it will bring to the Leofinance ecosystem is important so I understand why they're prioritizing it. Yeah, it sucks waiting for Project Blank but as long as it's coming eventually, then the wait should be worth it. i'm counting down the days...
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We should stop asking 'wen wen wen' every day and give the man some slack. He is only human after all, and I believe all of us will suffer if he burns out trying to please our impatience.
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I’m new here and I’m glad I joined the Leo-finance family
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This is my first reading one of your posts, but it won't be the last !!
I am new to this community (lees than 1 hour and I arrived thanks to scott Cunnighham youtube video so I feel identified with the ideas you raise in this writing.
Currently i am earning through probit and latoken cex.io, they are promising and good management.
Without a doubt, the future of the LEO community looks promising to say the least.
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Exciting times indeed, lots of cool stuff coming down the pipeline
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There is a clear roadmap provided by LEO Finance. They keep everyone informed as much as is humanly possible. I like it!
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Keep engaging and you will keep receiving support.
That is how it works in a nutshell.
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