Leofinance is getting closer to the ad revenue model. One of the key point in the forward progression could be short.
In this video I discuss how the goal is to get these live by the end of the month. If that is the case, my view is that, by the end of the year, ads of 5-10 seconds should be added to each video. This will do wonders for ad revenue.
▶️ 3Speak
Sure, but think a big challenge will be to populate enough ads to be able to support ads after each short. Coinzilla is having problem today to support us on thread's.
But I'm also excited about the idea and let's see where it will go!
Summary:
Taskmaster discusses the potential of LeoFinance as a revenue-generating platform in the cryptocurrency space. He emphasizes the importance of focusing on revenue generation, unlike many other cryptocurrency projects. Taskmaster suggests strategies like creating a direct ad platform for companies on Leo, focusing on video content, including shorts with advertisements, and using ad revenue to buy back tokens for distribution. He envisions a structured approach to building revenue and promoting the platform's growth.
Detailed Article:
Taskmaster starts the video by highlighting the unique approach of LeoFinance in focusing on revenue generation within the cryptocurrency space. He compares it to traditional businesses that prioritize building sustainable revenue models. While acknowledging some skepticism regarding Leo's advertising approach, he defends it as an intelligent strategy to tap into external funding sources, potentially ensuring sustained revenues as the platform grows.
He discusses the importance of incorporating banner ads and potentially moving towards creating a direct ad platform where companies can pay to have their ads displayed. Taskmaster suggests exploring the idea of introducing shorts on LeoFinance, noting the value of video content over other forms like audio, text, or even gaming in terms of market valuation.
The concept of LeoFinance transitioning into a video platform is proposed, initially by embedding YouTube videos and later possibly integrating content from platforms like 3Speak. Taskmaster elaborates on the potential of shorts on Leo, envisioning a setup where users can post short videos through LeoThreads. He emphasizes the revenue opportunity in incorporating brief ad placements at the beginning of these shorts, aiming to draw in viewers and generate ad revenue, which could be used to buy back tokens for distribution to holders.
Taskmaster outlines his vision for LeoFinance, suggesting the implementation of shorts, dedicated sections for shorts, advertisements on the shorts page, and significant promotion of this new feature. He highlights the potential for content creators to contribute to the platform by sharing video content, contributing to its growth. By emphasizing a structured business approach and gradual revenue growth, Taskmaster encourages LeoFinance to differentiate itself from other projects and establish a strong foothold in the market.
In conclusion, Taskmaster signs off by underlining the importance of setting a solid foundation for revenue generation and ongoing growth, hinting at the transformative potential of LeoFinance in the cryptocurrency space.
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