Inleo: what is it, why should you join, and how does it work?
In this post I give you an overview, which is based on my five plus years on this platform.
What is Inleo?
A social media blogging platform.
What is social media?
Social media is a internet based platform, where people share pictures, stories, information, songs, memes and other forms of content usualy for free, as in there is no mechanism for them to get paid.
Examples of social media platforms include Facebook, Twitter, TikTock and YouTube.
What is tokenization?
Tokenization is a term suggesting that there is a mechanism, by which the people who post the content such as pictures, stories, information, songs, memes on the social media platform can be paid in cryptocurrency tokens.
What are cryptocurrency tokens?
Bitcoin, Ethereum, Doge, and other Doggie coins or Meme coins are also cryptocurrency tokens.
Why would I want to earn cryptocurrency tokens?
Because these tokens have monetary value, and by earning tokens for your content like pictures, stories, information, songs, memes which are normally published on the social media platform for free you capture the monetary value for the attention of others your content attracts.
Why join the social media platform called Inleo?
First, you should join the Leofinance social media platform called Inleo if you like to read interesting stuff on the ingternet or your write interesting stuff.
You can read and write about a diverse group of stuff like cryptocurrency, finance, investments, real estate, decentralized finance, football, soccer, photography, stamp collecting, flowers ir any other topic you decide.
Second, you should also join if you want to be an owner of your account and your content.
The social media applications like Facebook, Twitter and YouTube are wonderful at what they do, and they provide you a platform to potentially reach millions of viewers. Plus YouTubegives you the opportunity to make money. But you don't own your account or your content. Leofinance is different. You own your account. You own your content. Leofinance is censor-ship resistent, which means Your content can only be taken down in extreme circumstances.
The preferred way to deal with content you don't like is to mute it, and stop rewarding it. The stuff you make belongs to you, and if people don’t like it, they block you, so they don’t have to look at your stuff, or listen to your videos, but your blog with your writing or your videos stays up.
Let's talk a little about earning money or the cryptocurrency token called Leo.
Remember when I said this was a tokenized social media platform? As in you can earn cryptocurrency tokens for your content? Well the token you earn on Inleo is called Leo.
Let's get into more detail about talk about Content Creators and Content Consumers.
Create Content
Content creators earn LEO token rewards for publishing blog posts on Inleo. Content is stored on the new type of digital archive called a blockchains.
Content Rewarding
inleo.io allows users and creators to engage & share micro and long-form content on the Hive blockchain while earning cryptocurrency rewards. source
Inleo operates on an upvote economy model.
Users can buy the token, then press a button called Staking to unlock the power called LEO POWER. Leo Power gives them the ability to upvote content, and reward content producers with Leo Tokens.
The great thing is that if you upvote you earn 50% or one half of your vote.
So you give rewards and you also reward yourself.
This is called the Upvote Economy, and it allows people who consume content to reward content creators.
Think of it as NOT buying the pictures or stories, just rewarding the content producers and rewarding yourself.
This means in this economy you can earn by making content or by enjoying content.
Content creation versus content rewarding.
Content Creation means you can earn by making content.
Content rewarding means you can earn by supporting content creation by upvoting, and you earn by rewarding content.
This earning by rewarding is more passive then content creation, but still an active act of reading, listening, viewing and assigning value.
A subjective process, but most rewards in life are subjective.
So you get paid for your writing, pictures, memes or videos. And the people who give you upvotes get paid also.
Money versus Community
I know there’s a big emphasis on making money, but Inleo is more then just a way to make money by posting content. It’s really a community to learn about many things, make friends and have fun. A very important aspect of community is engagement. Inleo.io has a specially constructed to encourage engagement. So be patient, read, engage with people, ask questions and have fun.
Last but not least, How do you join?
Click the link here and sign up via Hive Onboarding, Twitter or MetaMask. LINK
100% Easy 20 Second Sign-up And Free Account
Just like your twitter account there are no charges or fees. You literally just click on sign up, click on Twitter, enter the name you want for your account and you are good to go. You can be posting and commenting in less than a minute. #Source: Leo FAQ
