You have to look at the bottom of the picture above. You well see a 鉂わ笍 from Margaret Weis to my X post. A 馃こ of myself with the newest Dragonlance novel.
How fracking awesome is that. I want to see this on Leo Threads. And I know we will, in the future.
To quote the source, and you can read the whole thing. Highly recommended.
"The Decentralized Hive Fund (DHF) is a proposal-based DPoS financing alternative. The DHF places the consensus behind direct financing of development and other ecosystem-positive projects into the hands of the stakeholders."
LeoFinance has a DHF proposal out that I highly recommend you support. Click Here to support.
The source for there blog post. Sorry I did not use the LeoFinance link, I could not find it.
It is really long article but a must read. I am going to quote some of it.
This is extremely important and extremely amazing. As Khal writes:
"The main reason is not wanting to be a net-outflow for the Hive ecosystem. I want LeoFinance to be a net inflow for Hive - that is, bring in more outside capital, users, and attention than we ask for in return.
Bootstrapping is better
Answering to people
Being undeserving"
And that makes 100 percent sense to me.
"The development expenses of LeoFinance over the past 4 years amounts to more than $1,000,000 and that number continues to increase with each passing year."
Correct me if I am wrong but tell me one other community on Hive that has done this.
"Twitter (X) Killer - Microblogging on-chain: https://leofinance.io/threads
Medium Killer - Long-Form content for every topic: https://leofinance.io/posts
Reddit Killer - Community Pages as a Reddit alternative: https://leofinance.io/communities
A dedicated section for Finance and Crypto related content: https://leofinance.io/communities/hive-167922
Decentralized, stake-weighted Polls: /@tag/polls"
This is amazing work the Leo team has done. I am only going to be talking about X. Formally known as Twitter.
We have Leo Threads for that.
Here is a tidbit of info I missed the first time I read the article.
"Twitter Export protocol for a one-click button to export a Twitter account's historical content to the Hive blockchain and store them as Threads (key to onboarding Twitter users to a blockchain alternative, using Hive)"
I never even thought about that. If you want to come over from X, then dedicated users, businesses will want to bring their history, data, with them. Amazing stuff.
"Since our new User Interface launch, we've grown from 500 monthly active Users to 1,300 monthly active users"
That is fracking amazing. But where do they go from here?
They have to bring in more users. More users to Leo is more users to Hive.
"Now that Threads is officially live, we are looking to grow this existing user base by more than 3x by December 2023 and finish the year with 5,000 Monthly Active users. For added context, Hive as a whole blockchain has about 11,000 Monthly Active users (blogging/commenting)."
You want more great excitement?
"Since March 2023, we've had more than 20 meetings with existing and thriving Crypto Projects from outside of the Hive Ecosystem, and so far we've successfully partnered with three of them to work in collaborative marketing efforts. We are working to have 10 thriving Crypto Companies as official partners by the end of 2023."
Holy crap Batman.
Below is part of what the Leo team wants to do with the DHF funds.
"We want to advertise The Everything App in every corner of the cryptospace so that our target audience realizes there's an alternative to Reddit, Twitter, and Medium in a decentralized, immutable, censorship proof and tokenizable ecosystem."
Again, I am looking at X. As I want to be able to engage the people, the 'Celebrates' that I now engage with on X, here on Leo Threads.
Below is a chart I took from the article showing the targets they have set. As they said that will be Revisited every quarter.
I honestly think they will blow those numbers out of the waters.
They are looking at 9,615 new Hive users over 16 months with their DHF. I think they will at least do double that. My positive side of my brain, with a network effect kicking in. Add a zero to that.
100K new Hive users by the end of 2024.
Once Hive and LeoFinance gets known. What is offers. Look out.
Bradley
