Hello readers,
There was a buzz going around the leofinance community for quite some time about its rebranding including name, design and logo etc to make it look more attractive and meaningful and finally the rebranding has been updates and gone live around 4 days ago. The new name for the community and the front end has been decided INLEO because everything we do is IN-LEO universe or Leoverse. The new website is also also live y new new attractive logo and colour theme which has changed from orange to reddish orange and can be accessed via www.inleo.io. I also visited the website just recently and I have to say that I really liked the new theme on top of a better UI that look and feels better than before. The team Leo has been doing small and big updates frequently onto this website for a while and added many utilities as well like different thread live counters, Adsense to the Leothreads website to generate earning that will support the Leo price over time and hence the whole ecosystem. The website along with the community behind it was all ready for the new fresh change and finally INLEO came in shade.
Many are saying that while the last bull season was all about NFTs, this upcoming bull will season will be About social-fi projects websites and their tokens. We already are well familiar with hive and like me, most of you use it like their main social media on a daily basis as well. But while hive only supports long-form articles or audio/video Media as contents, with the current market sentiment towards short form contents, having such a project on this chain would have added great value and also helps attract the new generation users who specially uses Twitter or Facebook. With leofinance or INLEO, all of those features that you get in your everyday social web2 social media apps has been built inside INLEO - not only you can share your quotes or thoughts but you can also share images, gifs, charts and tables and videos as well. You can also share your recent favourite youtube video links or tweets in INLEO and start a gossip around with with like minded people just by using relatable tags.
However, unlike other web2 social media apps where you literally get nothing in return of your daily spent time while doing the same in INLEO, you can start earning crypto tokens that hold real monetary value and there’s no cost to start using the INLEO, all you have go do is to create a hive account for free or a hive lite account account with no hassle to use and store keys or learning all security procedure with the help of leoinfra onboarding system. in case of hive lite accounts, users can later learn about all the difgefent keys or password and security measure and then can upgrade their lite account to full version account free of cost. Also, if you add a little Stake of hive power in your account, more and more transactions will be free and you can engage more.
Apart from rebranding the leofinance front end, the team has Also done a great work by creating a sustainable system to protect the Leo price and gradually bring a growth in long term by introducing ad system in the website, as Leo already being used by thousands of users on daily basis, it creates quite a larger amount traffic constantly which helps it to display ass on many of the contents and feeds and earn revenues through that. While with Ads other companies projects individuals or communities are getting more reach on them, the money spent after this ads will directly benefit the Leo economy and promise for a visible growth over long time span.
As for the token distribution rate, everyday a total of 6000 Leo gets emitted and being distributed among authors based on the staked Leo they received from other users. If we look at the current value of Leo which is being traded at 0.04$ per unit, then everyday the Leo token of 240$ valuation is being giving away. Now in order to support the money outflow maintain the Leo price with a good balance here will be needing at least same Amount of money inflow as well to support the daily reward pool of Leo. Now let us assume that there are 467k page views on Leo in September month and if we take 1.85 CPM ad payment in consideration which is average, per Month Leo will be earning 863.95$ just from displaying Ads, isn't that awesome. It has the power not only to maintain or balance the current price but also to give it a gradual boost over time.
For us Twitter users, that blue badge really matters in that social media and effects your aura around the Another the space you engage or share contents. Well, something similar is coming to our Leo front end as well and this an upcoming nearby update will bring the Orange Checkmark which will be displayed next to a user’s username in the platform. Only premium user can have this checkmark and for that we have to buy the premium Leo for only a 10$ charge.
So, as you can clearly see, leofinance has not only rebranded the name and logo, but they are actually working on the clock to bring real value to the community and its used and I am very. Positive and accumulating and staking Leo periodically in my account. I have already crossed staking a total of 10,000 Leo Power in my account and also preparing for the upcoming LPUD event after 2 days to power up a bit more. Do you think the ad revenue and orange premium membership will help the Leo economy to grow gradually over time?
Let me me know a below and last but not least, I hope you liked reading my article and if it has given you some value at least, please let me know in the comments below and. I will be seeing you in my next post.
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https://inleo.io/threads/mango-juice/re-mango-juice-mp2tcg2j
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The 10$ for the Orange checkmark will be a one-time charge? And did they already reveal what bonus will it grants?
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For the fact that the goal of INLEO is straightforward, I believe they will make it a reality. I love the rebrand name, logo and reddish orange color. Everything looks so cool and easy to navigate.
I can´t wait for the Leo Premium to happen and this will definitely be indistinguishable from Web 2.