Summary: InLeo AMA – June 18, 2024

Threadcast link:
@khaleelkazi/re-leothreads-2hya1xikf

Link to recording:
https://x.com/khalkaz/status/1803099777959174401

Speakers

@khaleelkazi @scaredycatguide


DISCLAIMER: The following has been generated by AI (Claude-3) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project


In this wide-ranging InLeo AMA Twitter/X space, Khal and Mitch covered a variety of topics related to the InLeo ecosystem and the broader crypto market.

LeoDex Updates and Roadmap

Khal provided an update on the upcoming LeoDex improvements, including the addition of a "dynamic island" feature that will display real-time data on trading volume, fees, and network status. He also discussed plans to make the user interface more mobile-friendly and to integrate support for connecting external wallets like Solana, allowing users to earn rewards in their preferred native asset.

Khal emphasized the importance of decentralized exchanges like LeoDex, noting that centralized exchanges pose an "existential threat" as they can delist projects at will. He shared his goal of capturing 10% of Hive's trading volume on LeoDex, which would translate to around $8 million in monthly volume.

Community Battles and Gamification

The hosts also discussed the new "Community Battles" feature being launched on InLeo, where different Hive communities will compete against each other for rewards. Khal explained that this is designed to encourage user growth and engagement, with referral bonuses being a key way to earn points.

Additionally, Khal revealed plans to revamp the InLeo leaderboard system, introducing a weekly and monthly point system that will incentivize various user activities like content creation, commenting, and referrals.

Altcoin Market Outlook

Regarding the current altcoin market downturn, Khal and Mitch shared their perspectives. Khal noted that Bitcoin dominance has been rising, reaching levels not seen since 2021, which could indicate further pain for altcoins. However, they both emphasized the importance of maintaining a long-term outlook and not panicking during market dips.

Khal shared that he has been actively buying the dip on his high-conviction plays, including Rune, Hive, LEO, and Cacao. He advised listeners to focus on their long-term theses, look for opportunities to increase their exposure, and take care of their mental and physical well-being during volatile market conditions.

Threadcasts and Community Engagement

The hosts also discussed the growing popularity of Threadcasts on InLeo, which allow users to host live discussions and Q&A sessions. Khal provided details on how to create a threadcast, including the requirement of being a premium member and reaching 15 comments to reach the tOP of the page.

The team also teased upcoming improvements to the Threadcast functionality, such as the ability to embed links to external content and a more streamlined creation process.

Overall, this InLeo AMA covered a wide range of topics, from the technical developments within the ecosystem to the broader market outlook and strategies for navigating the current crypto landscape. The hosts emphasized the importance of user growth, engagement, and a long-term, patient approach to investing.


@leoglossary links added using LeoLinker.

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center