Summary: InLeo AMA – September 24, 2024

in #summary2 months ago

Threadcast link:
https://inleo.io/threads/view/khaleelkazi/re-leothreads-2spqhjnux

Link to recording:

Speakers

@khaleelkazi @anomadsoul


DISCLAIMER: The following has been generated by AI (Claude-3) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project


In the latest edition of the InLeo AMA, host Khal led an engaging discussion covering a range of topics, with a particular focus on the upcoming launch of creator subscriptions.

Market Overview

To start, Eric provided a high-level overview of the current crypto market conditions. He noted that Bitcoin is up around 8.5% over the past week, though the market remains cautious, with some analysts predicting a potential dip down to $44,000. Eric shared that he is currently holding his position and not actively trading, preferring to "diamond hand" his holdings.

Creator Subscriptions Take Center Stage

The main focus of the AMA was the upcoming launch of creator subscriptions on the InLeo platform. Khal explained that this feature will allow creators to monetize their content by offering paid, subscriber-only access. He highlighted several key aspects:

Censorship resistance

By leveraging the Hive blockchain, creator subscriptions will offer censorship resistance. aLL subscriber-only content will be encrypted and stored on-chain, ensuring creators can always access their data, even if the InLeo platform were to shut down.

Tokenization and Monetization

The use of the LEO token allows for unique monetization opportunities. Creators will be able to earn both from the platform's Reward Pool as well as directly from subscriber fees. Khal noted that the platform will take a small percentage of these subscription fees, much lower than traditional platforms like Substack or Patreon.

Recurring Payments

InLeo has built a recurring payment system, allowing subscribers to set up automatic monthly payments. Creators will also have the ability to adjust subscription prices over time, with subscribers receiving advance notice of any changes.

Privacy Considerations

Khal discussed the platform's approach to privacy, noting that subscriber counts will be publicly visible by default, but creators will have the option to keep this information private. He also mentioned plans to integrate support for cryptocurrencies like Dash and Monero, which could offer more privacy for subscribers.

Additional Platform Updates

Khal also provided updates on other InLeo features:

LeoAI

The platform's AI assistant, LeoAI, is nearing launch. Khal explained that LeoAI will be able to assist users with tasks like generating content summaries and performing SQL-like queries on Hive blockchain data.

Threadcast Enhancements

Upcoming Threadcast updates will include the ability to create subscriber-only threadcasts, as well as the option to enable "sub-only" mode within public Threadcasts.

Shorts Improvements

Khal noted that the team has found a fix for the Android video blurring issue in LeoShorts, and users can expect to see this update soon.

Closing Thoughts

Khal emphasized that the InLeo team is focused on providing creators with the tools to succeed, but the onus is on the community to leverage these features and find ways to monetize their content. He expressed excitement to see the first creators earn significant income from their subscriber-only offerings.

The AMA concluded with a discussion around the platform's long-term roadmap, including plans to integrate support for additional cryptocurrencies like Bitcoin Lightning and Dash. Overall, the session provided valuable insights into InLeo's vision and the upcoming creator subscription feature, which is poised to be a game-changer for the Hive ecosystem.


@leoglossary links added using LeoLinker.

Posted Using InLeo Alpha

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