LEO&HODL Contest - Project Blank Explored

Its time to explore what Project Blank is all about and why you should not be just an observer, but an active participant. The Leo team have made a lot of effort and worked tirelessly in building web3 apps and projects that are changing the landscape of social blockchains. The umbrella or vehicle under which this Leo team continues to build these Dapps is called Project Blank which hopes to eventually make the everything app

Understanding the Project Blank

Initially, the Project blank of was thought of as a project which would have had its own token launched. Everyone was expecting it. However, the Leo team decided against launching a new coin. Instead, They launched Project blank as the Threads Micro-blogging we now see. Leo remains the native token driving the project blank or threads. A lot of other features will come to threads including many other Web3 apps. The project blank is therefore spearheaded by threads - but it does include many other projects that will come.

Leo finance - What is it?

Leo finance is the ecosystem encompassing everything the Leo team has done. Its a blockchain based community powering and pioneering web3 projects. Leo Finance has a social blogging interface https://leofinance.io/. There are many other apps and projects that make up Leo Finance which includes Leo Dex, Leopedia, Hive stats, and many others.

The primary native token that is used to run projects and reward authors in that publish content in Leo finance platform is the Leo token. This token can be earned in many other ways such as through staking or delegation. Leofinance offers lots of opportunities to users through many projects. So in Leofinance, participants can get involved in many things such as blogging, staking, delegating, farm yielding, etc.

How Leo is utilized in Project Blank

The Project Blank is powered by Leo token, much like every other activity in Leo finance. The Leo token is useful in many ways in the project blank. Here are some ways:

Reward thread users: Leo is the token users earn when they publish threads and receive curation. They also earn token as curation reward when they vote other people's threads.
Reward Project Blank Participants: The project blank rewards its team with loe token. This team do a lot of work to promote project blank such as through letting others know about threads. One of the marketing campaigns that just end was the Quest. At the end of it, participants received Leo or Leo power as reward.

How the Leo Team can market Project Blank

Marketing is important to create awareness and push adoption of Project blank. But before doing this, the Leo team needs to do the following:

Make sure Project Blank is completely Functional: More and more features are being added to the project blank which is nice. As the team is preparing for a large-scale marketing campaign, they need to make sure that all fundamental aspects of the Project Blank is up and working. This will gurantee optimal user experience and make users keep coming back.
Listen to and utilize feedback: The community continues to let the team know what they love and what they do not like about Project blank. The team needs to review these feedback and develop features that the community wants. This way, they have great stuffs to add to their marketing campaign.

What Project Blank is adding to Hive

Project Blank is one of the most valuable projects on the hive blockchain. It really has added a lot of value already in its short existence. Here are two of the many ways it has contributed to the growth of Hive:

Fill the Demand for Short Content framework: Before Project Blank, short content was frowned in other Hive projects and communities. One can be muted for writing posts that are less than 300 words. Project blank changed that. It gave a large population of short form content creators the opportunity to participate and be valued on the blockchain. Short content suddenly became valued and this was made possible by Project Blank.
Increased Monthly Active users: Leo finance now has more than 1000 monthly active users and that number continues to rise. It effectively means that this project has increased the number of new and existing users on Hive as a platform. The target is 5000 Monthly active users and this project will get to that soonest.

Project Blank Vs Twitter

Twitter is a popular micro-blogging platform run by Elon Musk. It has been in existence for some years now. I want to compare Project blank with Twitter because they share the same market - microblogging. I believe Project blank is better than Twitter in the following ways:

Censorship: Twitter is fully censored. You do not own your content and account. You could be banned without warning. Your content could be removed or even stolen and reposted. Project blank is web3 and censorship-resistant. You own your content and ideas. No one controls what you are to say or when you are to say it. Twitter is censored, Project Blank is not.
Free Vs Paid: Twitter once toyed with selling its accounts. They wanted new users to pay before they create accounts. While it did not work initially, the owner still hopes to return to that idea. Its his business. Project blank is free and will always be free. Instead of requiring new accounts to pay, users are rewarded for using the platform.

How lions contribute to Project Blank

The very value of Project blank lies in the community. Lions form an integral part of this community and hence Project blank. Consider these two ways:

Initial Testing and First users: Lions are usually the first group to test out features of the Project blank. They are the foundation users. They let the team know how the project is. They provide feedback and help the development team know what Project Blank looks like.
Promotion: Lions Promote the Project blank by inviting new users and letting them know about Project Blank. They promote Project blank through their blogs, social media accounts and by participating in organized marketing projects such as the just concluded Quest.

Suggestions of the Development Team

Project Blank needs a mobile app just like other web2/Web3 Micro blogging platforms.
Project blank should have a more attractive UI. Am sure the alpha version will continue to be made more colorful
There should be a way to pay for and Promote Threads for greater visibility. Just as we have sponsored content in web2.
A reward system for new users that remained consistent for up to 1 month or more could help users to stick around.
A share button should be added so that users can share Threads to Web3 platforms such as Twitter.

Friends invited to join this contest: @beautybb, @sammyhive, @ijelady

Posted Using LeoFinance ^Beta