How loefinance is emerging as a top crypto News platform ?
I got interested into crypto many years ago when there was no leofinance.
Back in the days the best way to search for or research about crypto was to search for crypto news on a search engine like google.
All kinds of sites would pop up like cointelegraph.com and it was much later that CNBC started covering and reporting crypto.
I would love to read the news there except for those sites are mostly a one way streets where you only consume the news as the audience.
However a lot of times there was a lot more adverts and sponsored content to distract one from the original news story that got you there.
Since these sites are designed on the web 1.0 model the interaction between the authors and reporters was minimal.
Though with web 2.0 becoming more mainstream readers were encouraged to share content on their social media accounts and ask the odd question. Though when I look at the experience it seemed a lot more formal interaction if any between the audience and the author.
As audience it was hardly ever that one would ask a question to the author. With time it changed but the communication mostly has remained formal on these sites.
With Leofinance.io All that changes
Though one may argue that leofiance.io is not a news platform and all the content is user generated. However if you are one of the users who has seen leofinance.io platform the layer 2 platform on the hive blockchain evolve from its early days then you are bound to appreciate how leofinance is publishing crypto content at an incredible pace.
The good thing about leofinance is that it is a decentralized platform built over a blockchain. With a tokenized content reward system in place it is a perfect example of a well oiled web 3.0 platform.
How does it qualify as a crypto news platform ?
The focus of leofinance.io is crypto, blockchain and financial content. With these areas being the focus users are encouraged to post authentic crypto news and project reports.
What is the incentive to post crypto news on leofinance ?
You do not get a salary to post on leofinance.io instead there is a functional reward system in place. User content gets rewarded as upvotes by the readers of your post. These up votes get translated into crypto rewards that are paid to you at the time of post maturity. A post matures after 7 days from the time of writing.
What keeps the content authentic on leofinance ?
It is the comment section that sees a feedback immediately by the vigilant community.
- False of low quality posts get down voted and the author would lose credibility with the audience.
good content gets manually curated
As part of its initiative to promote authentic content a decentralized curation account @leo.voter curates and votes the posts based on value of content solely on merit.
Why the leofinance.io model is the way to go forward ?
News reporting is supposed to be unbiased however with a centralized news reporting there can be issues with the news being presented. As there are often two or multiple sides of the story it is possible that only one side is resented. This is not to say that the journalists are not doing their job however it is possible to create misleading news as is often seen in main stream media. Also If a news site has a office in a particular country it may most times be required to toe the line of the government. This can be bad for journalism.
Where as a platform like leofinance.io which is truly decentralized exists on the blockchain. With no boss to control the writer or a government to suppress your voice it is a self governed and democratic model.
The user generated news and content is written from the users perspective and any clarification needed by the audience is provided via the comment section dialog box.
The Daily Leo fills in for the rest
The daily leo is a daily news publication which delivers the gist of global financial and crypto news in the inbox of the user via a opt in free newsletter service. One can opt for the service by signing up here
Final thoughts
As the world transitions from web 2.0 to web 3.0 it is essential for news reporters of mainstream media and crypto to adopt this platform to fulfill the needs of the audience.
Leofinance.io is doing a great job in this field and so gets top marks as the first place to check for crypto news users can trust and understand.
Posted Using LeoFinance Beta
