Just got my first LeoAds payout! 11 LEOs! Amazing!
This is what I envisioned when I first joined the Hive ecosystem, a system that actually generates value to the token, it doesn't reward people from inflation, it rewards people from the actual value their content has!
Let me try to explain...
When I first joined the Hive ecosystem the token had pumped a lot, and people thought the token was pumping because of the content they wrote. This was in fact, not true...
You see, the token was going up because it was following Bitcoin, and the market, not because of the content. The content was just the form that Dan Larimer chose to distribute the token's inflation, but just because the content is well written, entertaining, etc... it doesn't mean the token will increase in price... Especially with perpetual inflation
Content has value, of that people are right, just like the precious metals in mines are valuable, but, just because there are precious metals in mines doesn't mean that the person who owns the mines is rich, to become rich all that value in the form of minerals needs to be mined... and in the age of the internet the most used way to extract/monetize value from content is... ad revenue!
It doesn't matter where you go on the internet, every single website is monetizing value from their content the same way, through ad revenue! Google has ad revenue, Facebook has ad revenue, Instagram has ad revenue, YouTube has Ad Revenue, Reddit has Ad Revenue... Ad Revenue is how you get the actual value from the content! Just by writing the content you are not getting the value! For that, you need the Ad Revenue! Or a subscription model, which I hate, but let's leave this topic for another time.
This is what LeoAds is... this is what Khal created! Finally in the Hive ecosystem, there is a way to monetize the value from the content people are creating, from the attention the content is getting, and give that monetized value back to the people who wrote the content in the first place! Finally the gold mine that we have over here is rewarding the owners of the gold mine! Finally the business model makes sense long term...
OneAlfa's Blog Post
People will say that it's not much, 11LEOs. But that is what people don't understand, this is what we are generating now... but this is an infinite loop:
PS: I'm actually not sure if this was my first LeoAds payout, I think I didn't get the last one. The dashboard should have a section with all the LeoAds payout you've received to make it easy to know. Or at least a notification in Inleo to tell you you've received them.
