Posts

LeoFinance Crosses 1,000 Monthly Active Users

avatar of @khaleelkazi
25
khal
@khaleelkazi
·
·
0 views
·
4 min read

It's crazy to stop and realize that it's only been 2 weeks since the launch of project blank - https://alpha.leofinance.io.

If you saw it day 1 and compare it to day 16 (today), you'll already see some massive differences. We've implemented new features - as promised - each week. Allowing some nice time in between new releases for feedback, bug improvements and continued infrastructure scaling.

Prior to the launch of Open Alpha, LeoFinance.io (Production UI) had 500 Monthly Active Users.

Open Alpha ended the month of February with 1,040 Monthly Active Users (MAUs).

Wow. 100% growth in just 2 weeks. Thanks to 3 things:

  1. Project Blank UI is our Killer App for Web3
  2. @anomadsoul is a stone cold, marketing killer
  3. All of you

LeoFinance Crosses 1,000 Monthly Active Users | Where Do We Go From Here?

So now we've hit a major milestone - 1,000 MAUs. Doubling our userbase in just 2 weeks. Our target was to achieve this by the end of Q1. Q1 still has 1 more month left. I would say sustaining these numbers in the month of March and seeing some more growth while we also get ready to push the UI into full production mode would be an amazing start to 2023.

We've stated this in many places but it's always great to keep reiterating: LeoFinance's mission in 2023 is to reach 5,000 Monthly Active Users. That's a 10x on the userbase we started 2023 with and it's now a 5x from where we are now.

Yeah, a 10x just went to 5x. We're getting closer and closer to our goal and for once, the sooniverse is ahead of schedule.

In my opinion, the new UI is going to make it 100x easier to onboard new users than any other application on Hive has ever done. We'll give Splinterlands a run for their money (in the friendliest way possible) for ease of onboarding and getting people in here.

Coordinating with Hive communities has been clutch in our early growth phase. We've onboarded over 15 communities now and this has been AMAZING in terms of getting people actively Threading.

Threads Count is Crushing it Too

A high thread count isn't just a signal of beautiful sheets, it's also a signal that LeoFinance is growing... In a very different manner of speaking.

More threads = more engagement.

Remember what we keep saying about engagement? Engagement is everything. The reason why social media is fun and rewarding to use is because it is social.

Hive long-form content lacks a certain social element to it. It lacks real-time social behaviors. It's an amazing place to engage and find a home and that's why all of us here have been here for so long. Hive is truly unique in that regard.

BUT... We can always do better. Threads has shown us the future of engagement on Web3 and we believe that this door is just beginning to crack open. We have so much work left to be done from a UI, marketing and community building perspective.

Wen Will LEO Follow Suit?

So if you go back 2 years to the origins of Project Blank, the idea was to launch a new "THREADS" token. The THREADS token would be how we reward content on a completely separate UI from LeoFinance.io.

Since then, we decided to change everything. Instead of launching yet another token and diluting the LEO Token Economy, we decided - as a team and community - that LEO is everything. The LEO token needs to not only be the umbrella token, but the core beneficiary of all of the growth that the LeoVerse is going to see in 2023, 2024, 2030 and beyond!

With that, we've rebuilt our entire LeoAds program on the new UI. LeoAds has:

  1. More ad partners
  2. Better CPM numbers
  3. More efficient placements
  4. 100% uptime

The new LeoAds program is one of the most highly requested aspects of the sooniverse... can you guess when it's coming?

soon.

Well, sooner than soon. VerySoon. We're prepping the release of our new Ad placements on the new UI and after that goes live and the UI goes into production mode, we're going to resume the LeoAds program where LEO autonomously is bought back and burned by a smart contract.

Ad partners feed the smart contract with revenue (if they want to be placed on the UI). That comes in as BTC.

  • BTC -> HIVE -> LEO
  • BTC -> ETH -> wLEO -> LEO
  • BTC -> BNB -> bLEO -> LEO
  • BTC -> MATIC -> pLEO -> LEO

And what happens to all that LEO? It gets autonomously burned from the contract. Without giving away too much, I'll let the rest of the team chime in in the official @leofinance post about the completely reworked version of LeoAds. I have a feeling that everyone is in for a massive surprise when they see the impact of 2x'ing our userbase + the incorporation of threads + new ad partners paying us higher CPM + more efficient placements.

The revenue is quite literally off the charts relative to past revenue.

See you on the moon frens. Now back to buidling 🦁

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.

Our mission is to democratize financial knowledge and access with Web3.

Twitter: https://twitter.com/FinanceLeo Discord: https://discord.gg/E4jePHe Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/ Microblog on Hive: https://leofinance.io/threads LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP Hivestats: https://hivestats.io LeoDex: https://leodex.io LeoFi: https://leofi.io BSC HBD (bHBD): https://wleo.io/hbd-bsc/ BSC HIVE (bHIVE): https://wleo.io/hive-bsc/ Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com PolyCUB (Polygon): https://polycub.com Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io

Posted Using LeoFinance Alpha