Of late, we discuss the idea of $HIVE and the Hive Backed Dollar (HBD) having an impact globally. Specifically, we have focused upon the developing nations such as Cuba, Venezuela, and Nigera as areas where these coins can have a major impact.
Certainly, accessing the Hive economy could really accelerate economic activity in those areas.
Contained within, though, is Leofinance. This is a subset of what is taking place on Hive. Since it is tokenized, we cannot overlook the monetary aspect of this platform.
Through development, we are watching expansion taking place before our eyes. The most recent report was 1,000 monthly users, mostly due to the impact of LeoThreads.
Stepping back, the question becomes which kind of impact can $LEO make in the lives of people especially in those nations that are suffering under extreme economic turmoi? Can $LEO actually address the poverty issues in these areas?
We can start the discussion by mentioning how everyone should be focusing their attention upon Leo. There is no doubt that Hive offers some tremendous opportunities. However, the Leofinance token should not be overlooked.
As with all cryptocurrency, the first route is to buy $LEO. This is something that could be difficult is resources are tight. Fortunately, this is Hive and the opportunity to be rewarded in the token exists.
Of course, not everyone is capable of writing long form content, especially in the area of finance and investing. This was the claim many made over the last few years.
LeoThreads changes all this. There is nothing that says anyone has to post this type of content on Threads. It is a general purpose application, bringing microblogging to the blockchain.
Therefore, nobody has any excuse for not utilizing it. This opens the door for one to start microearning, as votes are passed out regularly. It is a terrific way to get some $LEO floating into one's wallet.
At a price of about 5 cents apiece, this is nothing to get too excited about. Even getting 5 $LEO per day doesn't amount to too much.
It is, however, a start.
Now the question becomes where do things move from here?
This is a loaded question and, without a crystal ball, is nothing more than guesswork. However, we do have one indicator that could bode very well.
What we are referring to, of course, is LeoAds. This is a golden nugget in a world where the bears are still in control. What kind of difference can this make in the future?
Are we pondering $LEO at 50 cents? $1.00? $5.00?
Right now, we are having some fun with numbers. Nevertheless, keep these in mind as you are reading through the next section.
What kind of traffic would we need to push $LEO to those levels?
LeoAds is going to take the ad revenues that comes in, paid in Bitcoin, and purchase $LEO off the open market.
At present pricing, if we use $2,000 a month, that is eating up 40,000 $LEO. Naturally, buy demand means the price will likely move higher.
That said, it is also unlikely that the monthly ad revenue will be $2,000, especially if LeoThreads takes off. We know the team has set a goal of 5,000 monthly users by the end of the year.
How would the ad revenue look if we 5x the number of users from last month? What will that do to the amount of money rolling in?
Another point to consider, I feel the 5,000 MAU is an abysmal target. Personally, I think the goal should be a minimum of 25K. To find 5,000 people who want to microblog does not seem like an outrageous number.
Leaving that aside, let us cut the difference and go with 10,000 MAU. What does a 10x over last month's numbers look like?
We have no way of knowing since no numbers are released, a big mistake on the Leofinance team in my opinion.
Is it unrealistic for a site like LeoThreads to generate $10K per month in ad revenue? If it can do that, it will be eating up a great deal of $LEO on the open market.
Of course, the buyback will not be the only demand. With 10K users, there is going to be a fair percentage of those people who want to accumulate the token. They will see an opportunity to add to their stake, likely through the swapping of other tokens, helping to stimulate demand even more.
If we realy want to have some fun, go out a couple of years.
With continued focus on LeoThreads, we can see major improvements of a period of 18-24 months. If the development team can do that, what will things look like.
At that point, is 100K MAUs unrealistic? Keep in mind, this is still a miniscule number when dealing online.
What does the ad revenue look like with 100K people regularly using LeoThreads (or any part of Leofinance)? More importantly, what does the price of $LEO look like at that time?
It might be worth get a few thousand $LEO in your wallet. Those with 20K or more in the future might be very happy customers.
What are your thoughts?
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