Numbers
The new UI for LeoFinance has been out for a week now and so far things have been going very well. There's been a lot of activity and excitement on Threads, and new communities, many of which most of us didn't even know existed, have been sticking their toes in the water. The #spanish community has taken off with one of the highest trending tags so far and many of the others are at least registering in the directory. It's been an auspicious start to say the least.
Recently, @khal has been threading about the numbers of users utilizing the new UI. In one week, the new UI has over 50% more monthly active users than the old one got in two years. That is a pretty amazing number. Everything that has to do with social media is based on numbers. Advertising revenues, reputation, status, payouts, etc. All of it is based on how many people are using a platform. Threads has jumped Leo to a whole new level. Now it's time to see where it can go from here.
There's still a lot to be done to improve the UI, but the core use-case of getting people to engage has been a complete success so far. The next step will be to start bringing this to the outside world.
There are currently hundreds of millions of people using different social media sites around the world. Many of them are unique to their own countries and languages. Through Hive, Threads has an opportunity to draw from all of them. It will not take much penetration into just a few of these outfits for Threads to absolutely blow up.
500 MAU to 750 MAU in 7 days. 14 new communities collaborating with threads. Dozens more communities to tap into and a world of potential on the outside. The new UI feels capable of becoming comparable to mainstream social media sites, and then you throw in the chance to earn and not be banned, and this could very easily be a home run over the next couple years.
It's still early days, but the numbers are moving in the right direction and the potential is a term all crypto people are familiar with: the Moon.
Price
Which brings me to another number. 5.5. As in 5.5 cents. That is the price of the LEO token right now. I've been grabbing as much as I can while it's at these prices because it just seems to me there is no way it can stay here if threads starts taking off.
The thing about this price is how massive the percentages become once it moves. A move to 11 cents is a double. You've got a 4x at a quarter. One dollar, a number many of us have seen before and think we'll see again, is 18 times your money. $100 turns into $1800. $1000 into $18000. The percentages are huge. The buying power at these levels is crazy and I'm taking advantage of it as much as possible.
Think about it. If Leo just goes back to 10 cents, one dollar is only a 10x. Still great, obviously, but not 18. Small moves when the prices are this low can make a huge difference down the road. I'm not telling people to stretch themselves and not pay the mortgage. I'm just saying that if you think LEO is going to be successful down the road, NOW is the time to be adding. Bear markets are made for this. Buy things when noone else wants them and you can be selling it to them later when they do. That's what I'm trying to do. Not financial advice. Just my approach. Do with it what you will.
Hive is the Way.
LeoFinance, the Gateway.
Posted Using LeoFinance Beta
Once the numbers double or triple and the network effect kicks in, Leo could well be above the $1 mark. From an investment perspective, lions will be roaring to the top of their lungs. We just have to push further for the network effect. Things are looking really good already.
Once the numbers double or triple and the network effect kicks in, Leo could well be above the $1 mark. From an investment perspective, lions will be roaring to the top of their lungs. We just have to push further for the network effect. Things are looking really good already.
I do not understand your post too much but I have judged that you are talking about a new community growing very quickly and has increased their active users community with 50% and no doubt this very great growth.
Earlier I readed your post. So I bought more Leo tokens. All the work they put in to improve the UI, token is undervalued !
wow! what a great start for the new UI! 😊🤙
yea, u give some great advice and I am gonna start stacking my LEO for sure! :)
LET's GO!
This New UI from Leo Finance is playing a real game changer here. User base is increasing and threads feature is getting more and more attention. This is not only good for Leo finance , it is also great for Hive as a platform.