Threadcast link:
@khaleelkazi/re-leothreads-2pfnpqypo
Link to recording:
https://twitter.com/i/spaces/1ynJOyZXANXKR
Speakers
@anomadsoul @khaleelkazi @scaredycatguide
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Maintaining Momentum: InLeo's Path to Sustainable Growth
The latest episode of the InLeo AMA provided valuable insights into the project's ongoing development and future plans. Khal, the CEO of InLeo, together with Mitch and Eric, core team members, led an engaging discussion covering a range of topics, from the platform's value capture models to the upcoming feature releases.
Flywheels and Value Capture
A key focus of the discussion was the concept of flywheels and how InLeo is building sustainable value capture mechanisms. Khal explained that the team has been working diligently to create the right models, with premium subscriptions and the LeoDex platform being the primary drivers of this flywheel.
The premium subscription model, which currently has 248 active subscribers, generates revenue that is used to buy and permanently pool LEO and CACAO Tokens. This not only creates organic buy pressure but also increases the overall liquidity in the ecosystem. Khal emphasized that the goal is to reach 1,000 premium subscribers, as this would translate to a significant $10,000 per month being funneled into the token pools.
Additionally, the LeoDex platform's affiliate fees and the Hive aggregator feature contribute to the flywheel, as aLL revenue generated from these sources is also used to buy and pool Leo and Cacao. Mitch expressed confidence in the value capture models the team has built, stating that the focus nOW is on scaling these mechanisms to drive further growth.
Roadmap and Feature Updates
The discussion also touched on the team's development roadmap, with Mitch highlighting several new features that are scheduled for release in the coming weeks. These include the introduction of a yearly premium subscription option, the removal of timestamps on the 4U feed, and improvements to the articles tab.
They also shared plans to implement a more robust referral system, which could involve rewarding users for bringing new members to the platform or for referring premium subscribers. The team is exploring various models, including the potential for premium users to earn additional benefits or discounts on other Web3 platforms through partnerships.
One highly anticipated feature is the upcoming "Only Leos" functionality, which will allow content creators to monetize their work by placing it behind a paywall. Khal envisions this feature being utilized by journalists, authors, and other professionals looking to build a subscription-based revenue stream, though he acknowledged the potential for more niche use cases as well.
Scaling the User Base
Throughout the discussion, they emphasized the importance of scaling the InLeo user base, both in terms of monthly active users and premium subscribers. The team has set a goal of 20% month-over-month growth in both metrics, with the belief that as the platform grows, the value of being a premium user will increase due to greater visibility and engagement.
Khal also discussed the team's plans to incentivize curation on the Threads feature, noting that he is looking to delegate Leo Power to a select group of "unofficial curators" who will be tasked with actively upvoting high-quality content. This initiative aims to further enhance the user experience and drive engagement across the platform.
Weathering Market Cycles
The discussion also touched on the broader cryptocurrency market, with Mitch and Eric sharing their perspectives on the current state of Bitcoin and the potential for future price movements. Mitch expressed optimism about Bitcoin's long-term trajectory, noting the potential for the asset to eventually "flip gold" in terms of market capitalization.
The team also discussed the various theories surrounding the length and nature of the current market cycle, with some suggesting that the current cycle may be part of a larger "super cycle" that began in 2018. While acknowledging the uncertainty inherent in market predictions, Mitch and Eric emphasized the importance of maintaining a long-term perspective and focusing on building sustainable value within the ecosystem.
Overall, the Twitter/X space episode provided a comprehensive update on InLeo's progress and the team's strategic vision for the platform. By focusing on value capture models, feature development, and user growth, the InLeo team is positioning the project for continued success in the ever-evolving Web3 landscape.
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