Leofinance : an introduction for beginners or potential members.

shortsegments(77)

Published in

LeoFinance

Words

1026

Reading

5 min

Listen

Play

Leofinance: An Introduction

In this post I give you an overview, which is based on my two years on this platform. I will cover the following topics:
What is Leofinance?
How do you earn?
Why should you join this particular project?
How do you join?

What is Leofinance?

Official Definition:

LeoFinance is a second layer, blockchain-based, tokenized social media platform for cryptocurrency and finance related topics. Our tokenized blogging app allows users and creators to engage and share content on the blockchain while earning LEO token rewards.

Unofficial Definition

Leofinance is like Facebook, which is a social media platform, but Leofinance has its home on a cryptocurrency blockchain. Plus on Facebook you can post almost anything, but on Leofinance you can only post financial content. Lastly on Facebook you don’t get paid, but on Leofinance, any likes you receive allow you to earn a cryptocurrency called Leo through an Upvote Economy powered by cryptocurrency token purchases by fans, so that the likes the fans give creators are worth fractions of cryptocurrency tokens or whole cryptocurrency tokens.

A social media community

Leofinance is a social media application similar to Facebook, where people who enjoy creating or making content like stories or videos interact with people who like to read stories or watch videos. These two groups are referred to in common language as content creators and content fans. Content creators and content fans interact with each other regularly. The fans read the articles, learn things, ask questions and the content creators answer questions and learn things from the fans. It is often said that you really understand something when you can teach it. This community allows people who have knowledge of finance and cryptocurrency to share it with those who are seeking such knowledge. They both benefit in this exchange. Because this area called finance and specifically cryptocurrency is so popular now, many people are writing and many are reading, and the level of community engagement is high.

An educational experience

People of various levels write articles about different financial topics, which are of value to others who are learning. Readers can also ask questions and get help understanding these topics.

A potential earning opportunity

While this is the first thing many people promote about cryptocurrency blockchain projects, it is only part of the value of belonging to a community. The human engagement, friendships, mentor ship opportunities and the joy of belonging to a community are so much easier to attain without any monetary investment. Oddly it’s this relationship building which is the most enjoyable aspect of social media, it leads to the exchange of knowledge, and it ends up being crucial for ultimate financial success on the platform.

How do you earn?

Creator of content

You can write or talk, about finances and cryptocurrency, and if you develop fans, their likes (upvotes) are worth money.

Fan or Curator

Fans who have purchased cryptocurrency tokens called Leo, can give Likes (upvotes) which carry monetary value. This Like’s value is split 50/50 between the Fan and the Creator of content the fan is enjoying. This act of upvoting content is called Curation, and Fans who upvote and bestow money on content creators, are called Curators.

Investor-delegation & miners.

It is possible to join the community and make money without being a creator of content, or an enjoyer of content as a Fan or Curator. You can buy virtual constructs we call miners, and earn cryptocurrency daily. You also can buy the cryptocurrency token Leo, and loan your Monetary Liking power to someone who reads and Likes content everyday, and makes money from Likes, and pays you a percentage.

Why should you join this project?

Uniqueness

LeoFinance is a 2 year old project with a strong and loyal community. The project creator and development team have built six applications, most of which are used everyday. Many other projects are brand new and have no working products or products with no users. Some of those new projects are only a few months old.

Additionally, Leofinance’ s creator is a known quantity: Khaleel Kazi. When you look at many other cryptocurrency projects, they are built by anonymous developers and groups of anonymous people. While there’s nothing wrong with anonymous ownership. There is a big advantage to having known leadership with a track record of honesty and fairness.

How do you join, it’s easy!

Theses a signup process, which is similar to Facebook or Twitter, which is designed to be fast and easy. It takes about 20 seconds! And it’s free!

Check out how easy it is in this video:

https://twitter.com/FinanceLeo/status/1334504633323098113?s=20
- FinanceLeo

Learn more about other Leofinance Applications.

Cubfinance : https://docs.cubdefi.com/

Leopedia: https://leopedia.io/explainer/

Leofinance FAQ https://leopedia.io/faq/

Leodex https://leopedia.io/leodex/

Wrapped Leo an ERC Token https://leopedia.io/wleo/

Leofinance Onboarding Applications: https://leopedia.io/onboard/

Learn more about Leofinance at these social media sites

Leofinance is a large community and its members are also active on other forms of social media, and here are the links to those social media sites.

Summary

We have finished this overview of Leofinance, and hopefully you have learned:
What is Leofinance?
How do you earn?
Why should you join this particular project?
How do you join?
Learn more about other Leofinance Applications.
Learn more about Leofinance at these social media sites

You have the opportunity now to join, and start creating or start enjoying financial and cryptocurrency content, become educated about cryptocurrency and enjoy another level of social interaction, which includes learning about cryptocurrency and finance.

This documented was created by my hand,
@shortsegments