Threadcast link:
https://inleo.io/threads/view/khaleelkazi/re-leothreads-2igzaqauq
Link to recording:
https://x.com/khalkaz/status/1823389528091935024
Speakers
@khaleelkazi @anomadsoul @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
The InLeo team gathered for their weekly AMA, kicking things off with a lighthearted debate about the changing of the seasons. While Khal joked about the "blistering, ridiculous heat and humidity" in Florida, Eric noted that the crypto market has also seen a shift, with the so-called "crypto summer" giving way to a "crypto winter."
The conversation then turned to the state of the broader crypto markets, with the team acknowledging the recent volatility and liquidation events that have rocked the industry. Mitch provided some insightful commentary, noting that Bitcoin's price action has essentially been a "fuck your leverage" chart, reflecting the pain inflicted on over-leveraged traders.
The team discussed the potential impact of macroeconomic factors, such as rising interest rates and the threat of a global recession, on the crypto space. Khal expressed skepticism about Bitcoin's ability to fully decouple from traditional markets, at least until a more severe global recession takes hold. The group pondered how Bitcoin might fare as a "flight to safety" asset in such a scenario.
Shifting gears, the discussion delved into the latest updates and developments at InLeo. Khal provided an in-depth overview of the new referral system, highlighting its similarities to the affiliate programs used by major centralized exchanges. He emphasized the importance of onboarding new users and keeping them actively engaged on the platform, as this is key to the sustainability of the referral rewards.
The team also touched on the upcoming launch of LeoAI and the new native advertising platform, LEO Ads. Khal explained the vision for Leo Ads, which will provide a direct, in-house ad sales solution modeled after the successful approaches of platforms like Google, Facebook, and X. He expressed confidence that this new ad network will generate significantly more revenue than the previous third-party integrations.
Throughout the discussion, the team maintained a cautiously optimistic outlook, acknowledging the challenges faced by the broader crypto market while emphasizing InLeo's focus on building a sustainable, revenue-generating platform. Khal reiterated the team's long-term goal of reaching a $100 million market capitalization for the LEO token, drawing comparisons to the meteoric rises of meme coins like Shiba Inu and Dogecoin during the previous bull market.
As the session drew to a close, the team encouraged the community to continue engaging with the platform, growing their referral networks, and contributing to the overall success of InLeo. With a packed schedule of upcoming events, including Taskmaster's Lion's Den focused on LeoAI, the InLeo team expressed excitement for the future and their commitment to driving the platform's continued development and adoption.
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