So I stumbled upon an article via Linkedin https://danheld.substack.com/p/the-crypto-mass-extinction-event?r=3nbvj&utm_campaign=post&utm_medium=email&utm_source=twitter
Don't agree with everything but like to share this graph:
This arbitrary division of steps is interesting.
Again though I think there more important steps like purpose, community, developement and more,
these categories are a good base for disscussion.
I want to analayze Leo according to these:
I would like to adress origin as originality - Leofinance is the first crypto site which is truely decentralised and based on Crypto. Funny how even Bitcoin explorer is centralised ha? So lets continue.
Liquidity - Leo is based on Hive which is forked from Steem - the distribution and liquidity gained by the community and legacy assets is boosted by leodex.io and wleo. I think we can move forward.
Fork wars - Hive survived the steem takeover, and now Leo is introducing a way to coexist - Leo is not a fork but am enhancement that only make Hive stronger as Hive as utility and gateway token get more traction. Kind of like ETH and the ERC20.
So this way of coexisting allows to increase development with open source and both Leo and Hive as base project are gaining here.Network effect - really?? We are the network. I am writing about Leofinance in Leofinance and earn Leo by doing so. This is something no other platform yet have and I think the experience this community gained is keeping other projects miles behind. Indeed the masses need to come, but the platform here is the best utility for its own network effect.
Governments - who fucking care? The politicians will beg to buy tokens to get noticed in the web3 future ;)