The new referral system looks cool :

in LeoFinance6 months ago

Probably a very important redesign of the inleo.io app, creating even a bigger incentive to bringing friends or just random people you meet over to the app.

I don't know how long this incentive because it is clearly an important cost to pay people to bring other over but user acquisition is important especially now that the product is being refined enough to support a bigger user base with a lot of standards features people would expected from traditional social media.

People aren't here yet and it is your chance to growth

A lot of people in the business / startup industry do talk about finding your niche and building your brand and selling your services or products to an undeserved market because you have more chances to compete and you can create a tailored made product because you are flexible and can take direct input from a smaller community.

You can choose to make inleo your niche and build your audience there, you are not competing against millions on twitter or insta trying to be the next big shot. For people with already a big audience it might not make sense to move out of tradional media, that is if they follow all the rules properly because people getting banned and losing access to their millions of fan might disagree.

On Hive you own your followers, if a front-end ban you, you can still reach people on other platform.

While writing this I realized that if an Hive apps gets majority of traffic, it could create a problem if the front end does ban someone as the followers most likely will only use one platform and won't be able to checkout new content without looking for it elsewhere. It is still better then the alternative of fully centralized media where your content might just be permanently deleted.

Back referrals

The new page looks stunning and follows the design of other inleo page, nice breakdown with 3 components and an easy way to copy your referral link and invite new friends.

I posted my links on my site and linkedin but don't have a lot of traffic and that resulted in 0 referrals, I think i will new to shift a bit of focus to that and try to be a better ambassador for the inleo brand.

As I said before I think we are slowly getting into position with everything being right before the bull run start then it might be an intense race to get people to the door and try it out. If the site stays super stable and people can test all the other features, interact, earn a bit of crypto without initial investment, it could be a big win.

As of writing this on August 10th 2024, I am starting my referral count at zero and see how it will be in a year from now. I might post screenshot updates on post and thread if/when it grows.

I also noticed from a thread today that inleo did honor the previous referral as well so kudos for that.

The DHF proposals 495 HDB per day

You might know that inleo has a active proposals (269) with 143 days remaining in order to increase MAU (montly active users) on the platform and therefore on Hive as well. I believe the numbers are lagging behind but I have faith that now the focus is a bit more on marketing and user aquisition (speculating here) and maybe some of the funds will be use to finance the referral campaign.

(screenshot of the proposal #269)

Full proposal here: https://peakd.com/hive-167922/@leofinance/proposal-to-grow-the-hive-ecosystem-with-the-everything-app-and-oneclick-onboarding

As more users get here the CAC (or customer aquisition cost) is apprently supposed to go down, I don't know if this will still be the case if referrals are paid in a linear way, if someone can explain I would love to hear more details about it.

Your potential payout

If you want to grind a lot maybe bringing actual users could a be a new business income stream for a while, as of today you can find the rewards for that work.
This pop up window can be found by clicking "how it works" from the dashboard inside the referral page

For me a winning scenario would be to bring someone with a twitter mindset that will post a 1000 threads within a month or two, someone that will interact with a lot of users and replying to threads of other, ideally this person would by premium for a year after a while because they understand the potential.

By bringing active users, I think you have a shot at making $5 to $10 per users you refer if they buy a month of premium do a blog post and some threads. bring one person every hour and you found yourself a new job paying more then minimum wage in most countries.

Word of the end

Good luck to you all, exiting times ahead for the platform, it feels very much alive even during the summer, specially on the dev part where they keep delivering day in and day out.

Walt.

Posted Using InLeo Alpha

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This is a very big opportunity to onboard new users and earn as well

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