Project Blank: Will Twitter's Massive Changes Impact LeoFinance's Long-Term Roadmap?

in LeoFinance3 years ago

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In this week's AMA, we talk about Elon Musk's acquisition of Twitter / major changes that he has proposed and if it will affect our plans for Project Blank.

It's a very different game to convert a WEB 2 platform into a WEB 3 platform compared to building a WEB 3 platform from scratch. This being said, I don't think Elon actually wants to build Web3. He's stated goals to make it more like WeChat in China.

Elon has a board to deal with, shareholders to deal with, the existing infrastructure behind Twitter, the social political landscape to battle against.

As powerful as Elon Musk is, it's not likely that we'll see Twitter transform into a full-scale WEB 3 platform which creates a great path for Project Blank. It's great for the world that Twitter will become a more free speech oriented environment, but it has no impact on WEB 3 - which is a complete revamp of social media - and the adoption of things like Project Blank.

The airdrop for Project Blank will also be exclusively to LEO holders. Many people ask questions about this You can expect more details regarding project blank in the sooniverse™️!

We talk about this and more in this clip from the Weekly AMA.

About LeoFinance

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Our mission is to put Web3 in the palm of your hands.

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It's interesting to see how Twitter changes when Elon takes over. But it may take a while before any changes may happen. ProjectBlank may launch and Twitter might still be Twitter hehe

Posted Using LeoFinance Beta

Haha yeah I think Twitter will always be Twitter. Project blank is another beast entirely

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Will still be using Twitter while looking forward to Project blank.

Posted using LeoFinance Mobile

I’ll always use it…

To market people back to Leo and PBLANK ;)

Posted Using LeoFinance Beta

It's great. And excited for the pBlank :)

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It's a very different game to convert a WEB 2 platform into a WEB 3 platform compared to building a WEB 3 platform from scratch.— most definitely! Definitely a no brainer, no rocket science in fact. Musk’s Twitter romance definitely got nothing on Projectblank’s prospects. It is the real idea of the Web 3.0 dream .

Exactly. I think Twitter under Musk leadership will be great for the world but it is still no Web3 platform

Posted Using LeoFinance Beta

Exactly! You just called a spade a spade !!

That I told my friends that Musk buying twitter is not going to change twitter overnight.
I am also not sure if Musk reason and intention for buying twitter were same as stated by him.

Big Corporation has so many hidden agenda.

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I'm glad people are finally seeing that Musky boy is no angel and he's number one goal is to enrich hinself

It's OK with me if he enriches himself as long as users of the platform get tangible benefits out of the under-new-management platform after it's "Grand Re-Opening"; if the users there find ways to enrich themselves as well, then it's win-win for everyone involved.

judging how badly he treats his employees I doubt it works that way

I see him as having generally good intents. We live in a world where enriching yourself is often a great way to actually have an impact and make the world better. The real key is how you use those riches in the real world

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Enlightened self interest-- that is, self-interest harnessed to serve others first-- is how societies advance and rise out of the default state of poverty to some state of wealth. Contrary to what many in corporate media and other power centers want us to believe, ESI™️ is not a bad thing.

That’s the thing about big ships: no matter how good the captain is, it takes a lot of time and effort to make a full 180 degree turn.

Small ships are far more agile and controllable. Twitter is a massive ship.

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Are you guys planning to take some code from Twitter if Elon OS it?

I assume some functions and algorithms, especially in regard to search engines might help ur project tremendously.

Btw I'm relatively new to the platform so my question is, how will the 'project blank' differ from #Leofinance?

It could help tremendously. If he does, then we would absolutely look to take in code to pblank and adapt it

Posted Using LeoFinance Beta

I have had this idea in my head for long time now. I also heard a similar conversation on a twitter space. it seems we’ are all agreeing to the fact that it’s way easier to build a brand new web3 project than to convert an existing web2 to web3 .

With that said, if he(Elon) finally acquires the platform, let’s all not get disappointed that he won’t embed crypto projects in it. After all, Elon is still a fan of Bitcoin, Doge and crypto in general.

This is true. It may not be purely web3 , but it sure as hell could bring a lot of crypto integration along with it!

Posted using LeoFinance Mobile

I wouldn't expect a major change in Twitter in the short term really, either in the mid-term. But we'll see.

And I don't know much about Project Blank to be honest, but I'm very curious.

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I agree, it will take time to move the big ship that Twitter is.

ProjectBlank is LeoFinance’s Decentralized Web3 Twitter. It will launch at some point in the distant (but not too distant) future.

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Pity, that the airdrop will be only for LEO holders. I can see your point of trying to create more demand for LEO, but if one thinks big, the project could help the whole Hive universe, so the more broad it starts, the better.

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The project helps the whole Hive-iverse by being built on Hive - just as Splinterlands helps the whole blockchain by bringing users and activity.

In terms of early distribution, this is what makes sense. Our team built it so our community benefits from it before anyone else.

The distribution of ProjectBlank that follows will be key. Spreading it into as many wide hands as possible

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Wen? Wen? Wen?
I would sell one testicle for blank.

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But ser, it will cost you two!

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Lucky me. I've got three ;)

I'm shooting to get 100K before the snapshot! Don't do it until then. 🤪 ok? Lol @khaleelkazi

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Lol then you got some time to accomplish that… but not too long

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Elon decision to take over twitter is still yet fresh to see result as quickly because I believe is not a day job to see positive results happen where it requires a lot of work to be done

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Lots of work to be done but the man has launched and landed rockets and changed the entire Car industry forever.

He got this!

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I definitely see there being an opportunity for project blank as twitter is like you stated not web3

Exactly!

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acquiring Twitter is just a step, making it a web 3 Is a whole other thing, but Elon musk Is capable of the task.

100%, Elon has done far harder things!

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he has done things that are far harder than turning social media into a web 3 platform, so it is just a matter of time for him to accomplish that.

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The airdrop for Project Blank will also be exclusively to LEO holders.

Does this includes also wLEO, bLEO, pLEO holders???

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“ Does this includes also wLEO, bLEO, pLEO holders???”

Of course it does. Those are just variations of LEO on other blockchains at the end of the day. There’s no reason to see them as “not LEO Holders”

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Excited to see where Leo Financial is heading . Great future ahead

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