We are turning the calendar to June and what a May it was. The new UI went into beta. This, coupled with the campaign, made for a very interesting month. LeoThreads took off in terms of the activity.
Overall, I would say this was a positive month.
One drawback was the overlooking of LeoGlossary. Basically, it was put on the back burner. Unfortunately, it will remain there for the foreseeable future. One of the biggest problems is the inability to edit long form posts. Much of what is done with LeoGlossary is updating and creating new links.
Therefore, we have to be patient.
That said, we can review where we along with what this is all about.
To me, LeoGlossary is one of the key pieces to Leofinance going forward. The new UI is supposedly optimized better, helpping the search enging rankings. We all know the layout on the old site was not very effective in this regard.
LeoGlossary is basically a database of financial information. It is modeled after Investopedia (or Wikipedia). The main idea is to provide information that people typically search for while establishing a great many links. This can take place within LeoGlossary itself as well as the articles on Leofinance.
These are known as internal links. This means the spider (or crawler) finds a page and bounces around. This is not gamifying the system since the goal is to provide pertinent information that is worthwhile. It is a concept that applies to both the search engines as well as users.
The key is to get people coming to Leofinance however we can. Obviously, LeoThreads is a focal point. This means that we have actvity that is not likely to garner attention. LeeoGlossary is a project that can.
So far there are over 2,900 pages to LeoGlossary. This is something that has to be widely expanded. Nevertheless, it is a starting point and a lot of information is already in place.
The downtime due to the UI is going to see renewed vigor towards LeoGlossary. Once the edit feature is added, the focus will shift to it. At the top of the list is expanding some of the pages, pushing them towards the 1,000 word level. It is vital to get as many pages between 750-1,500 as we can.
As we can imagine, another key is going to be expand the number of pages. The goal is size which becomes very important to Leofinance.
Here is an idea of what we are talking about.
That is very impressive. We are a long way from these numbers. Nevertheless, it is a target to shoot for.
What would this do for Leofinance? The answer to that question lies in what it is doing for Investopedia.
Imagine Leofinance being able to generate $29 million in revenue and apply to that the buying of the token. What do you think would happen to the price of LEO then?
Are we going to get to these levels? That is not what we are stating. Instead, we look at what they are doing with 48 people. How many will we need with LeoGlossary before it becomes something viable.
After all, every holder of Leo Power has a vested interest in this succeeding.
When I started LeoGlossary, I committed to three years. I figured it would take that long to get something solid produced. We are going to need more than 10K glossary pages along with a great deal of depth. This is what the focus will be over the next year.
As always, the more we get in place, the more we are offering the general public. Couple this idea with LeoThreads and we could see a powerful combination.
For now, it is up to the community to keep using the links in their articles. Part of the campaign brought this to the attenion of the community. Hopefully we will get an easy way to link with some updates that are planned. If so, they people will be able to link with a click or two.
All of this feeds into Leofinance. We have to keep driving value in whatever way we can.
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