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RE: The potential for a Lion Foundation

in LeoFinance2 years ago (edited)

Personally I don't like "funds" "DOAs" etc. I feel they are like mini governments where money just gets throw around in and wasted.

What I would be in favor of is for a core set of people to communicate to the general LEO "public" about initiatives they can help on. Such as going to like and retweet a post, writing about a specific topic or just supporting those that do the mini projects themselves through votes.

We already have seen a drastic increase in people writing quality content and driving SEO traffic when we got word of ad rev split (Still waiting on btw)

All of that new traffic should be converting into new members to LEO. If it's not the some work on conversions needs to be taking place on page.

By owning the token yourself, earning it and being active in the community should be plenty and sell itself. We also want to focus on things where people invest into LEO and not look at it as a ATM machine to keep selling the token and cashing out. This is what most people are use to because of popular platforms such as medium.

Honestly centralization is good when it comes to business. It has direction and things get done. A decentralized platform turns into a mess of people fighting etc because apparently everyone has the best idea lol. I don't think a truly decentralized anything would really work in terms of growing and building a platform.

The focus has to be money/crypto coming into LEO and increasing the tokens value and why you would want to keep the token itself. That's done through fees, more people active and staking , defi fees etc.

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This is the comment that most resembles my initial idea man, I actually had a thorough conversation today about this idea and after reading the feedback I am making a second post about this, but yeah I think you’ll like it, the actual practice and not just the theory resembles what you said. Thanks for the feedback!

I look forward to it! Keep up the good work