Welcome back to the LeoFinance AMA! In this episode, we covered all of the amazing things happening in the LeoVerse... and there are a lot!
We recently onboarded a new developer for the LeoFinance Alpha UI. We've also expanded our team in many other incredible ways. The results are shining through unbelievably well in our day-to-day operations.
Our targets are being met at a disproportionately positive rate. We're now seeing new all-time highs for Monthly Active Users on a monthly basis. In February, we 2x'd our userbase. While many expected us to mean-revert from that growth since the new UI had just launched in February, we actually ended March just a drop higher than we ended February - posting a consecutive all-time high for Monthly Active Users.
Closing March means the end of Quarter 1. Our Goal - if you recall - for Q1 2023 was to reach 1,000 Monthly Active Users. We surpassed this goal by ~50 users and ended the quarter with 1,050 MAUs.
We started 2023 with only 500 MAUs. A 2x in the entire LeoFinance Userbase. Incredible.
Our goal for Q2 is to reach 1,500 MAUs. Our goal for Q3 Is 3,000 MAUs and our goal for Q4 2023 is 5,000 MAUs.
When we set these goals, a few people questioned if it would be possible to 10x the LeoFinance Userbase from 500 to 5,000. Given that we've surpassed our Q1 target and already 2x'd the userbase, it seems that those questions are being squashed. We're well on our way to achieving 5,000 MAUs and we're scaling up the number of both threads and long-form posts published through https://alpha.leofinance.io on a daily basis.
Additionally, ad revenue has grown exponentially.
On the horizon lays a whole new era for the LeoVerse. Tune in and see the future.
In this episode, you'll also get an announcement date for the full Production launch of Project Blank!
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io
Posted Using LeoFinance Beta
This is awesome, seeing set target achieved in terms of monthly active users is of no surprise, I honestly expect it to be hitting double figure soon in the Q2, looking at the level of New development, with the new UI , threads and the rest, I honestly expect more individuals to come to life now in the community
Posted Using LeoFinance Beta
The community has never been more alive. It’s really awesome to see. We have so much growth left to do but I love seeing how far we’ve come
Posted Using LeoFinance Beta
It's incredible to be here and be part of this growth!
I'm already setting aside some LEO for the next LPUD and thinking to upgrade my delegation to @leo.voter :) (even if it hates me and never upvotes one of my posts 😭 — just kidding! Surely I only have to keep doing my best).
Hope to see LeoFinance achieve all of its goals this year.
Haha love to hear it!!! I’m sure @leo.voter will visit more ;)
🦁
Posted Using LeoFinance Beta
Hoping to see that too
Posted Using LeoFinance Beta
This is quite funny and good to see too, I guess we are on the same page...hahahahaha
Posted Using LeoFinance Beta
It's the growth that matters. With the launch of the New UI, I already expect the goal of MAUs getting achieved and it's possible to see more than 5000 at the end of the year because this is already a great progress even at the first quarter of the year.
There is so much activeness on threads and Leofinance community and more people are still coming. There is nothing great than seeing your goals being smashed positively.
Hi @khaleelkazi
Congratulations on the success of threads and the steady March towards 5000 MAUs.
I look forward to May 1st!
I just closed the No Loss Lottery, a Prize Linked Savings account I ran for three years. I accepted One Leo as the purchase price for tickets and ticket price was never lost, they were invested in Cubfinance and the earnings provided prizes. It had about 70-80 customers and around 6000 Leo from them and 3000 Leo from me to generate decent prizes. It never really caught on, perhaps bad marketing by me or lack of trust, unclear. But after 3 years I decided I had given it my best shot and it was time to shut it down and build something better.
I have not lost my enthusiasm for Leofinance or Cubfinance for that matter. I think I just lost my enthusiasm for projects which weren’t growing, we’re sinkholes for time and decided if they didn’t get big in 3 years, they probably weren’t going to… there’s 20,000 people here, and the projects didn’t attract 1 percent of them. So the members have spoken, the project has no utility to them.
It is clear that my true passion is crypto, I can’t get enough of it. It infected me six years ago, starting with mining, then investing in staking, then discovering DPOS through Steemit, and the smart contracts on Steem.
But it’s time to take a break and step back to look at what I did right and what I did wrong. Decide on a singular focus and regroup in the future.
You have my admiration, and I wish you continued success.
Posted Using LeoFinance Beta