RE: LeoThread 2024-09-25 05:16

[taskmaster4450le]

Leo AMA summary 9/24/24

InLeo Platform Update: Partnerships, Growth Strategies, and User Metrics

Recent Developments and Partnerships

InLeo, a blockchain-based social media platform, has recently made significant strides in expanding its reach and improving its user experience. Key highlights include:

1. LinkedIn Expansion: The platform is increasing its presence on LinkedIn, recognizing it as a valuable channel for reaching creators and professionals. Content from InLeo is being cross-posted to LinkedIn to expand its audience.

Comments

[winanda]

I just bookmarked this. There is a lot of information to consume here.

Thanks for sharing.

[taskmaster4450le]

1. YouTube Creator Program: A new beta program for YouTube creators with under 500,000 subscribers has been introduced. This program allows users to use "hype reactions" to boost content visibility. InLeo plans to leverage this feature to increase exposure for its content.

[taskmaster4450le]

1. Dash Partnership: At the recent Hive Fest in Croatia, InLeo representatives met with Joel from the Dash team. This interaction has led to a potential partnership, with Dash showing renewed interest in the Hive ecosystem through InLeo. The Dash team has already started posting content on InLeo, including Threads, shorts, and blog posts.

[taskmaster4450le]

Growth Strategies

InLeo is implementing several strategies to boost user engagement and growth:

1. Targeted Content Scheduling: The team is planning to optimize content posting times for maximum visibility and engagement on platforms like YouTube.

2. Community Engagement: InLeo is encouraging its community (referred to as "Lions") to actively engage with new users and content, especially from partnering teams like Dash.

[taskmaster4450le]

1. Referral Program: The platform has introduced a referral program, which partners like Dash are already utilizing to bring new users onboard.

2. Ecosystem Partnerships: InLeo is actively seeking partnerships with other blockchain ecosystems to expand its user base.

[taskmaster4450le]

User Metrics and Platform Performance

As of September 18th, InLeo's performance metrics show:

1. Monthly Active Users (MAU):

   • Current: 1,200 MAU
   • Goal: Aiming for 3,000 MAU by the end of the month
   • August was the record-breaking month, with September currently the second-best

2. Content Creation:

   • 810 monthly active threaders
   • 52,000 threads created up to September 18th
   • Content creation slightly lower than July and August but above average

[taskmaster4450le]

1. Overall Growth: The platform is showing consistent growth, with plans to significantly increase user numbers in the coming months.

Challenges and Focus Areas

1. Consistent User Acquisition: The team acknowledges the challenge of maintaining steady user growth and is planning targeted marketing campaigns.

2. Content Creator Retention: There's a slight dip in content creator numbers compared to previous months, which the team plans to investigate.

3. Community Activation: A strong emphasis is placed on community engagement to ensure new users experience a vibrant and active platform.

[taskmaster4450le]

InLeo Platform Growth and Feature Summary

Platform Performance and bug Reporting

The InLeo platform has recently experienced a concerning drop in user engagement metrics. The team reported a deficit of 150 monthly active users and 200 content creators compared to the previous month. This decline has raised alarms, prompting the team to investigate potential technical issues, particularly with the long-form publishing feature.

[taskmaster4450le]

To addressThreads these concerns, the platform is actively encouraging users to test the publishing system and report any issues using the hashtag #feedback. The development team emphasizes the importance of user-reported bugs, as they rely heavily on this feedback to identify and fix issues promptly. They've implemented a system to extract and analyze aLL tagged with #feedback, ensuring no reports are missed.

[taskmaster4450le]

High Fest Highlights and New features

The recent High Fest event provided a platform for InLeo to showcase upcoming features and engage with the community. Two major announcements garnered significant attention:

1. Creator Subscriptions: This feature will allow content creators to offer paid subscriptions to their followers. Creators can choose from three pricing tiers: $5, $10, or $20 per month. Subscribers will gain access to exclusive, encrypted content that only they can decrypt and view. Initially, this will include threads and blog posts, with plans to expand to short-form and long-form videos in the future.

[taskmaster4450le]

1. Leo AI: While details were limited in the transcript, LEO AI was mentioned as an exciting development that generated interest among attendees.

[taskmaster4450le]

Monetization Strategies

InLeo is focusing on three key monetization strategies for creators:

1. The existing 7-day payout window for content
2. A newly launched referral program for bringing in new users
3. The upcoming creator subscription model

These strategies aim to provide diverse income streams for content creators on the platform.

[taskmaster4450le]

Use Cases for Creator Subscriptions

Several potential use cases for the Creator subscription feature were discussed:

• Writers offering premium content to subscribers
• Content creators using subscriptions as a donation system without necessarily providing exclusive content
• Projects like the Hive Borehole using subscriptions to gather community support and funding
• Enhanced features for thread casts, including subscriber-only modes and filtering options

[taskmaster4450le]

Platform Growth and Web3 Integration

The InLeo team sees these new features, particularly creator subscriptions, as a significant driver for platform growth. By offering robust monetization tools, they aim to attract more creators and users to the ecosystem. The team emphasizes the platform's commitment to Web3 principles, with features like on-chain storage and encryption setting it apart from traditional Web2 social media platforms.

[taskmaster4450le]

Future Developments

The creator subscription feature is tentatively scheduled for release in the near future, with the InLeo team pushing for a launch before their next AMA (Ask Me Anything) session. The team is also exploring additional features to enhance the value proposition for both creators and subscribers, including private events and early access to new platform features for subscribers.

[taskmaster4450le]

Leofinance Unveils Plans for Creator subscriptions and AI Integration

In a recent discussion, Leofinance's leadership team shared exciting updates about their platform's future, focusing on creator subscriptions, AI integration, and user growth strategies. These developments aim to position Leofinance as a competitive force in the social media and content creation landscape.

[taskmaster4450le]

Creator Subscriptions: A New Revenue Model

Leofinance is introducing a creator subscription model, tentatively called "Creator subscriptions" (formerly known as "Only Leos"). This feature aims to provide content creators with a more lucrative revenue stream compared to traditional platforms. Key points include:

1. Low platform fees: Leofinance plans to take only 1% of subscription revenue, significantly lower than competitors.
2. Sliding scale: The platform may implement a system where the percentage taken decreases as a creator gains more subscribers.

[taskmaster4450le]

1. Potential to attract creators from platforms like Patreon, Substack, and OnlyFans due to more favorable revenue sharing.
2. Initial payments will be in HBD (HIVE Backed Dollars), with plans to expand payment options in the future.
3. The system will support various content types, including NSFW material, though this will be kept separate from the main feed.

[taskmaster4450le]

AI Integration: A Unique Approach

Leofinance is working on integrating AI into their blockchain-based platform, setting them apart in the crypto space:

1. The team has already built resources to train AI models, despite the high costs involved.
2. They're using blockchain data to train the AI, which avoids copyright issues associated with traditional data sources.
3. This approach allows the AI to understand and interpret on-chain data, including user reputation scores.

[taskmaster4450le]

User Growth and retention Strategies

The team discussed their efforts to reach 3,000 monthly active users:

1. Leofinance has onboarded 13,000 users in the past year, but retention remains a challenge.
2. They're exploring ways to improve user engagement, including potential email or social media reminders for inactive users.
3. The team emphasized the importance of community involvement in retaining new users through engagement and rewards.

[taskmaster4450le]

Additional Platform features

1. NSFW Content: Plans to implement automatic tagging and user settings to control visibility.
2. Evergreen Rewards: The team plans to relaunch LEO ads with a new model, allowing content to be monetized beyond the current 7-day window.
3. HBD Use Cases: Leofinance is actively working on expanding use cases for HBD within their ecosystem.
4. Bitcoin Lightning Network: Discussions are underway to integrate Bitcoin payments via the Lightning network for premium features and creator subscriptions.

[taskmaster4450le]

The Leofinance team's updates showcase their commitment to innovation in the blockchain-based social media space. By focusing on creator-friendly monetization, AI integration, and user retention, they aim to create a unique and competitive platform in the evolving digital content landscape.

[taskmaster4450le]

Leofinance Outlines Ambitious Growth Plans and Platform Enhancements

In a recent discussion, Leofinance's leadership team shared their vision for exponential growth and detailed several key platform developments. The conversation highlighted their strategies for user acquisition, retention, and new feature rollouts.

[taskmaster4450le]

Ambitious Growth Targets

Leofinance has set aggressive growth goals for both the short and long term:

1. Immediate goal: Reach 3,000 monthly active users in the current month.
2. Year-end target: Achieve 10,000 monthly active users by the end of the year.
3. Long-term vision: Maintain a 100% year-over-year growth rate for the next decade.

The team emphasized that their current small size allows for significant percentage growth from even minor successes, likening their position to that of a startup.

[taskmaster4450le]

Community-Driven Growth Strategy

A key focus of Leofinance's growth strategy is onboarding entire communities:

1. The team sees communities as a major leverage point, with potential for exponential user growth.
2. They're actively working with the Dash cryptocurrency community, which has hundreds of thousands of active wallets.
3. The integration with Dash alone could potentially bring 1,000 to 10,000 new users to the platform.

[taskmaster4450le]

User Retention Challenges and Solutions

While Leofinance has successfully onboarded 13,000 users in the past year, retention remains a primary challenge:

1. The team is exploring ways to improve user engagement and retention.
2. They're considering implementing a system to remind inactive users via email or social media.
3. Community involvement is crucial for retaining new users through engagement and rewards.

[taskmaster4450le]

Retention metrics from six months ago showed Leofinance outperforming other Hive frontends:

1. Approximately 12% of users returned after three months.
2. This dropped to about 5% after six months and 2% after a year.
3. Leofinance's retention rates were roughly twice as high as Hive's general metrics.

[taskmaster4450le]

New features and Enhancements

The team discussed several new and upcoming features:

1. shorts: A TikTok-like feature for short-form content on the blockchain, which has already gained significant traction.
2. Dashboard Analytics: Plans to integrate real-time page view data from Simple Analytics into user dashboards.
3. LEO AI: An AI model trained on blockchain data, which is live and constantly learning. The team aims to roll this out to users by the end of the year.

[taskmaster4450le]

Integration with Dash

Leofinance is actively working on integrating with the Dash cryptocurrency community:

1. The Dash team has begun posting content on Leofinance, including blog posts, shorts, and Threads.
2. They're following a three-step plan for content creation on the platform.
3. This integration is seen as a potential model for future collaborations with other communities.

[taskmaster4450le]

Market Conditions and Growth Potential

The team noted the current bullish market conditions in the crypto space, seeing this as an opportunity to pair their technological advancements and onboarding success with market enthusiasm for exponential growth.

[taskmaster4450le]

Leofinance Unveils New features and Growth Strategies in Community Update

In a recent community discussion, Leofinance's leadership team, including Cal and Eric, shared insights on the platform's latest developments, growth strategies, and community initiatives. The conversation highlighted several key areas of focus for the blockchain-based social media platform.

[taskmaster4450le]

New Features and UI Improvements

1. Shorts Contest: Leofinance has launched a contest to encourage users to create and engage with short-form content, similar to TikTok videos.

2. UI Update: A significant update was rolled out during the discussion, addressing nearly 30 bugs and introducing new features:

   • Improved image handling, allowing multiple images to be displayed side-by-side with a full-page view option.
   • Enhanced muting capabilities for spam accounts.
   • Various improvements to the shorts feed.

[taskmaster4450le]

1. Long-form video: The platform nOW supports long-form video content, although some users reported issues that the team is addressing.

Referral System Enhancements

Leofinance has made substantial improvements to its referral program:

1. Increased Rewards: Users can earn up to $50 per successful referral.

2. Automatic Link Tagging: The system NOW automatically attaches the user's referral code to shared links, including blog posts, Threads, and shorts.

[taskmaster4450le]

1. Extended Cookie duration: A 30-day cookie is placed in the browser of users who click referral links, allowing for delayed sign-ups to still count towards referrals.

2. Payout Threshold: While no users have reached the payout threshold yet, the team is considering lowering it to encourage more referrals.

[taskmaster4450le]

Community Engagement and Growth Strategies

1. In-Person Events: Cal emphasized the importance of attending local crypto meetups and events to onboard new users personally.

2. NFC Tags: The team is exploring the use of NFC-enabled business cards for easy sign-ups at in-person events.

3. Media Kit: While some basic logos are available in the Discord channel, there's a recognized need for a more comprehensive media kit for community use.

[taskmaster4450le]

1. User retention: Eric stressed the critical role of the community in retaining new users through engagement and support.

2. Educational Content: The team encouraged community members to create tutorials and virtual training sessions to help new users navigate the platform.

[taskmaster4450le]

Ongoing Projects and Future Plans

1. LEO AI: The team confirmed that Leo AI is live and continuously learning from on-chain data, with plans to roll it out to users by the end of the year.

2. Dashboard Analytics: work is ongoing to integrate real-time page view data into user dashboards.

[taskmaster4450le]

1. Community Integrations: Leofinance is actively working with the Dash cryptocurrency community, seeing this as a model for future collaborations.

2. Growth Targets: The team reiterated their goal of reaching 3,000 monthly active users in the short term and 10,000 by year-end.

[taskmaster4450le]

Call to Action for the Community

Both Cal and Eric emphasized the crucial role of the community in Leofinance's growth:

1. Increased curation: Users are encouraged to curate more content, especially on threads and shorts.

2. Content Sharing: The team urged users to share their Leofinance content on other platforms, leveraging the new referral system.

3. User Retention: The community was called upon to welcome and engage with new users to improve retention rates.

[taskmaster4450le]

In conclusion, Leofinance continues to innovate and expand its platform, with a strong focus on community-driven growth. By introducing new features, enhancing user engagement tools, and providing incentives for user acquisition, the team aims to accelerate their growth and establish Leofinance as a leading blockchain-based social media platform.