Leofinance Making Moves
Anyone involved in the @lbi-token project has to be happy with some of the news coming out over the last week.
It appears our dedication and trust in Leofinance is going to pay off very well in the long run. This is in keeping with our "Get Rich Slowly" concept, one that is racing ahead at a rapid rate. Oh well, we never said that outsized returns was upsetting to us.
To cover the housekeeping, we saw a couple announcements that show development is forging ahead, a situation that will likely yield us even better returns down the road.
Leofinance Mobile Application
The first was the release of the mobile application. Due to hindrances with the mobile gatekeepers, the Android version actually hit the market first. As of now, the IOS version is being held up by Apple. The coding is done and awaiting approval.
So far, from looking at the responses, the feedback was generally positive. The application is giving Leofinance users a much better experience. Having a true mobile application as opposed to a "mobile-friendly" site makes a world of difference.
To be successful in this era, a mobile application is crucial. There is simply no way around it. More than half the traffic on the Internet is accessed via this medium. For Leofinance, this was a big step forward.
There is another piece to this puzzle that many might be overlooking. The long discussed #projectblank is one step closer to hitting market. Instead of designing that application from the ground up, we are going to see the mobile application forked. This means the development will be streamlined, once the bugs are worked out of the existing version.
Finally, this is also going to serve as the basis for the update of the website. We all know it can get a bit glitchy at times. The mobile version is much faster with better load times. Part of the expansion is going to have this be the basis for the updated site.
PolyCub
The second major piece of news is the announcement of the PolyCub project. This is adding another chain to CubFinance. One of the key features is that CUB holders will be airdropped PolyCub.
We like this since we do have some CUB holdings in the LBI-token account. According to the latest earnings and holding report, here is what it looks like:
Obviously, we are not going to get rich off this one airdrop but it does enhance our returns. That is something we never complain about.
Also, as the project takes shape, it is another arena of yield farming that LBI can be involved in. This is a different tokenomic system and we will have to wait for further details of how we can approach it. It is safe to say that @silverstackeruk has some ideas already that will help to generate a steady cashflow for LBI.
As we can see, the key is to keep generating cashflow that feeds into the value of LBI. We hitched our wagon to the Leofinance team and, thus far, it is paying off. With each move they make, we stand to benefit. If that project keeps moving forward, we see how there is a direct correlation to the value of the majority of the assets backing LBI.
In conclusion, there is an important point to hit upon. This was from the PolyCub announcement:
LEO as a holding company is something we've discussed many times in the past. It's the umbrella that owns everything. All value is captured back to LEO in the long-run.
This applies to LBI also. As more value is pumped into the LEO token, via the umbrella concept, LBI will share also. We have a large holding of LEO tokens that are used to generate more LEO each week.
Basically we aim to keep operating on a positive feedback loop where each activity feeds into the totality.
Article by @taskmaster4450le
Posted Using LeoFinance Beta
