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RE: Took the Loss & Layered Farming 2.0

in LeoFinance4 years ago

I get what you're saying but that really wasn't my point. You're making an argument for trust and I agree they are trustworthy but I was making a point about priorities. They did a type of flip flop. They put a project designed for user growth on the back burner and are instead pegging Leo to the potential of BSC.. with the lure of money gains... to a small user base.

I'm not against the farm thing but it seems to be silly to put growth aside for that. It might be a "cart before the horse" moment.

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It should not be just about one thing.

Growth can also involve creating multiple income streams for the community and the project. There is no denying that within the crypto sphere money is instrumental in building anything.

It is also important to keep up with the trend in the sphere. This can also bring new community members into leofinance.

Posted Using LeoFinance Beta

They've got multiple projects being worked on. It is sometimes difficult to predict how much time something will take in software development.

I am not complaining about connecting Leo (and the whole Hive ecosystem) to the financial potential of BSC.

Besides, don't you think CubFinance can't help bring exposure to Leo as well? The team just had an AMA for BSC users where 1500 people were present. They've got more lined up.

Leo and Hive are exceptional projects in the sense that they've got ongoing distribution based on content creation set up. Anyone can come, build an audience and earn on their content. Not only that, I don't think CubFinance is the last of what we have seen in the financial front. There's been talk about building something using Thorchain, a cross-chain liquidity network. Also, CubFinance is just one week old. There is much room for development on it, too.

Posted Using LeoFinance Beta

@shtup you are right,more great projects will still keep coming up on the LEO and HIVE blockchain and that would make the LEO and HIVE to grow in values....

Posted Using LeoFinance Beta

They put a project designed for user growth on the back burner

False.
Try again.

Are you serious right now?
Have you seen how fast development is happening here?
Hiring a new dev to work on a new project isn't putting another project on a back burner.
Get real.
LEO is scaling up.

Seriously why do you think the price of LEO spike from 70 cents to $1.10 right when this product launched? Stop making wild assumptions it's embarrassing.

Your point is valid and well taken by me. However we don't really know that they are purposefully putting the cart before the horse. Maybe it just so happened that the cart got ready first and they decided to put it out anyway.

"Maybe this cart won't work well without a horse, but I bet if we put it out there some of our community will come along and push it anyway!"

And lo and behold they did :-) Maybe not as well as the horse would, but it is rolling. And the team knows the horse is coming.

I do get your point, but besides trust, another thing I like about this team is they are willing to give things a whirl when they feel it's good enough.

Posted Using LeoFinance Beta