Leofinance Is Going To Make People Wealthy

1 yr
LeoFinance
4 Min Read
786 words

We all watched the rise in Bitcoin as well as Ethereum. That are also some other coins such as Binance which went parabolic.

All this is common during a bull market.

Recently, we saw some love for the LEO token. Presently, this is tied to the flagship application, Leofinance.io. That, however, is just the tip of the iceberg.

For those who truly are seeking "life changing money", one needs to look no further than Leofinance.

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This is a project that is not filled with promises and big dreams. It is not one with a White Paper detailing what it hopes to do. Instead, this is a project with a flagship application, a game changing one about to be released, a history of development, and a year of astronomical growth.

A lot of cryptocurrencies are getting love during the bull run. The issue is that most of them are still pipedreams with not much occurring on them. While many have grand plans, and people to pull it off, there is little track record.

With Leofinance, we saw more than 900% growth in the userbase during the last 8 months of 2020 and the first month in 2021.

There is also a major application about to be released that will radically alter social media. IT is going to be "twitter on the blockchain", providing the world with decentralized "tweeting" on a blockchain, Hive, where one's account cannot be closed or posts cannot be deleted.

At the same time, an airdrop of the new token will be given to anyone holding the main Leofinance token (LEO) and has it staked, wLEO, and the associated miners. This will be in proportion to one's holding on the Leo platform.

The token is going to be based upon the Proof-of-Brain concept that has been employed on Hive for the past 4+ years. This will allow people to earn the new token simply by utilizing the application and curating content.

This will also be followed by a governance token that is going to be tied to the decentralizing of the platform, especially the exchange. There will be a number of exchanges (decentralized) established throughout 2021.

We will also see the establishment of DeFi, called LeoFi, on the platform. This is set to roll out, at least to start, in the next few weeks. Once that is done, more features will be added, modeling DeFi projects on Ethereum. The best part, there are no blockchain transaction fees like on Ethereum. Without Gas fees, DeFi is suddenly available to everyone.

There are also other applications that will roll out the second half of the year. The plan is that each application will have its own token. Guess who they will be airdropped upon? You guessed it; Leo token holders.

The LEO token (wLEO) is going to is going to be the flagship for the entire ecosystem. It will be the overriding token under which all other projects are build. Think of each application as a subsidiary of the decentralized "holding" company represented by the LEO (wLEO) token.

Many look at the chart, thinking that it is too late. The reality is that things are just getting started with this project. The updated White Paper will be released soon, a 100K word epic explaining what brought Leofinance to this point and where it is going over the next year plus.

With a tight distribution, the entire Leofinance ecosystem is worth $5 million. This is just the starting point. While this is not financial advice, many view this as an easy 20x from this point. That will make Leofinance worth $100 million, not including the market value of the other tokens that are being created.

Anyone who understands the digital world grasps the power of the network effect. This is something that Leofinance enjoyed the last year and will continue to do so. Adding newer applications will only push this to greater heights as more people become aware of what is taking place.

The Twitter army is about to roar. The time to get one's Hive account is now. This will provide anyone with access to not only Leofinance and the twitter on the blockchain but also all other features of the ecosystem that are opened up.

Social media and finance are merging as Web 3.0 starts to take shape. Nowhere is that more evident than with Leofinance.

As always, early adopters are bound to get wealthy in return for their dedication and efforts during the embryotic stages.

To get your free Hive account, head to Leofinance.io to sign up.


If you found this article informative, please give an upvote and rehive.

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I am so excited!!!

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2

As you should be. LOL

A lot to get excited about.

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1

Same here. I can't wait for it be here already. I am all set and ready.

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3

LEO is turning into a backbone of a new crypto experience.

Like the saying, the best time was at the start, the second best time is now to jump on the LEO train. The amazing development that is taking place, will make every holder a lot richer than before. The dream of living out of crypto and its dividends is not that far anymore.

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4

There is plenty of upside in this animal. We are seeing a lot getting ready to roll out. This is going to guarantee that Leo will push a great deal more people into the system. This will kick off the network effect in a big way.

I believe we are going to be a platform with many feeder systems built in. This will end up growing the number, in totality, much larger than any single move would.

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2

I do think LEO and HIVE have a ways to go up. I personally think the best thing about LEO is that we can earn both of them at the same time. The new users that we can attract with the new application will definitely help advertise the block chain. It will also be decentralized at the same time so nobody can shut us down.

we saw more than 900% growth in the userbase during the last 8 months of 2020 and the first month in 2021

That's some nice growth

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3

From 100 users to over 1,000. Not a bad jump.

I agree the applications will help to drive people to the blockchain. This will help to provide value (and most likely) buyers. At worst people will need to have Resource Credits, forcing someone to get the HP.

It is all going to start feeding into the same funnel.

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3

As I said here, we are privileged to be able to experience each LeoFinance development. It is incredible to see how much of the path has been covered and how much will come.

2021 will be an unforgettable year for many people and I just want to have the opportunity to live humbly earning a good income to support my family, LeoFinance will provide this for me and many others.

Well, Mars is right there ...

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3

It is something that many of us saw in 2020 yet had to wait for some of it to come to fruition.Many did not believe it back then when we started talking about the potential.

In spite of the negativity, we kept pushing forward, adding to our holdings and reputation on the platform.

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1

It is true, but as you said, with so much that will still happen from now on, there are still chances for someone to enter now and the beneficiaries of future projects that will be launched. Opportunity exists and the person just doesn't have to lose that chance.

Today I talked to my father-in-law about LeoFinance, well ... I tried to explain some things because we know that if we talk about everything for one day it's just a lot to absorb and luckily he gave me hope that he will start wanting to buy some LEO.

Just the fact that he wants to accept to hear about cryptocurrencies makes me very happy because he is a gentleman who, despite his age, shows to be someone who is open minded to new things and I believe he will not regret buying some LEO tokens.

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2
1 yr

The reality is that things are just getting started with this project.

That is a gradual project that I follow. However, I was stupid enough when I was able to about 5000 leo. I did not take the action. Today I just can save leo from reward. However, I think I am not late to work hard to earn leo from small rewards from posts and comments. Though, the reward is too small for others but for me leo rewards for me is a big thing in hive.

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2

They all add up and you are much further along than someone who is just stepping onto the platform for the first time today.

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0

Given that whales and other users spread out their votes , it's not impossible to gather up sufficient Leo from rewards alone .

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1

There is just so much going on and it is all good news. Looking forward to what we have over the coming 12 months and what opportunities there are for all of us with collaborations and who knows what else. Definitely something to keep investing in and growing your stake.

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3

I'm very excited! The financial possibilities that come with the LEO token are definitely a great thing but I actually fell "in love" with all aspects of this community.

I went from a crypto "denier" to a crypto-investor in a few weeks of interacting and learning with the great people we have here. It's really changing my life.

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4
1 yr

I am excited to see what the next few weeks has in store. Though I'm newer to the site, I have felt the impact of engagement with the existing members of the community. I have a gut feeling this thing will be big and will not only change lives, but change how those people interact with one another on the internet!

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4

Leofinance has a very good communication model. Something which was not present on Steem. Without timely communication nobody will get excited about the project. It is frustrating how often tech-first founders don't get it.

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4

Thank you very much for this addition. Communication from founders are very crucial to the growth of any project. The Leo team has really done well with this.

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0

Yes, just look at the suspense for ProjectBlank. Just weeks away or less and we don't even know it's name!

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0

It gets more merrier as we approach the end of February 2021.

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0

I'm as heavily invested as possible right now without risking other assets. So hoping for the best! Doing my part to make sure it gets publicity once released. That's going to be one of the big things to push for once release comes. Noise.cash did over 50,000 new members in it's first month I hope we can beat that :)

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4

@bitcoinflood 50000 new members in it s first month??wow that's awesome ...well it can be achieved here too,we just need to think out of the box

0

To me noise.cash model does not look very sustainable. What will happen to it, once it's present donor's pockets are drained off ? How that network is going to generate new income, new funds? Or have I missed something?

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2

I was having similar thoughts but I'm not invested in noise cash as I am in Hive and Leo so I'm just enjoying it while it lasts :)

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0

i wondering the same about the income streams. It's decent now but i don't see any further plans. It was something i asked since the beginning as well as how they will earn money, for example, ads? but i never got a reply!

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2

LeoFinance will present a better and sustainable model in #ProjectBLANK and it would be a project for every socialmedia user.

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0

Great time to be onboard !

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1

@taskmaster4450le you are right....and what even makes it more interesting is that while it can make them become rich,it is also Impacting knowledge to them,it has made alot of people including me to start having more knowledge and understanding about investments,technology,business,cryptocurrencies and so many more....

That was why I created this post...you can check it out

https://leofinance.io/@havevo/leofinance-keeps-improving-the-leo-token

4

I am the happy owner of a small bag of Leo (stacked) will push through with it

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2

That is great. If you are active, it will keep growing.

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1

wow, this is good news

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1

A 20X increase would put Leo at almost $20 a piece (for me Leo is already at $1 because why not :P ) is that your estimation for the end of the year as well ? For me it's fun talking about prices even though "some might say" they are not relevant :D

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3

It is hard to know what the breakdown of LEO pricing will be since there will be other tokens involved.

So the growth of LEO might not be solely on that token but also in the blank and governance tokens. So our wallets will have the value but not necessarily in just LEO.

I think the black will hit the present market cap of LEO in the first few months. That could send the price of LEO higher though.

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1

Interesting, even the chief futurist himself is unsure how far past the moon we will go :P

0

Excellent post @ taskmaster4450le good day
You give us a lot of information that supports and encourages making an investment in Leo; It is very true what you say, I have seen Leo grow as you mentioned, the silent work that is being done is surprising and admirable.
I really appreciate this information.
I take this opportunity to wish you a beautiful Sunday and a happy start to the week

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3
1 yr

Leo is one of the most successful applications on Hive to date. Where I see the greatest potential is the pace at which the development team is shipping new products and the scope of its ambition - and also the founders' integrity. The wLEO hack many months ago was a major battle test that Leo passed with flying colors.

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4

Leo is one of the most successful applications on Hive to date.

I would state that it is the most successful; nothing else comes close as of yet.

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1
1 yr

Splinterlands has a lot of users and development.

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