LeoFinance WhiteBook: Community is Everything

The LeoFinance WhiteBook (first batch) was finally being released few days ago and it was indeed a long but interesting read. I guess I saw why it isn't called a WhitePaper rather a WhiteBook because it is truly a book. I think every member of the community should go through the piece and the subsequent ones in order to be kept abreast with the mission, vision and entire workings of the LeoFinance project. The more we know about LeoFinance, the more we'll be concerned about its growth and development.

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source: @leofinance

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In this post, I just want to point out a few things that got my attention in the beginning pages of the LeoFinance WhiteBook. One of these points and the most crucial of them is that LeoFinance is centered around the Layer 0. Wondering what Layer 0 is? Layer 0 refers to you and I; it is a term used to represent community. It was noted that the project is community-focused and community-dependent. In other words, for Leofinance, community is everything. That hits differently.

We believe in Layer 0: Community. The community is everything and we're building a Web3 ecosystem where our growth is reliant on our ability to generate network effect and peer-to-peer adoption at scale. ref

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Community is Everything

The importance of a community for any given project cannot be over-emphasized. Without a community, there's no project. Without a community, a project cannot grow or expand. A project is useless without a community because no one will adopt it, no one will promote it, no one will engage the project and others. So, we see that a project is as good and strong as its community.

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In this case, we see that LeoFinance is not just a project owned by Khal alone. Yes, it's true that he founded it but as it stands, we all have stakes in this project. Meaning, the growth of the project shouldn't be the responsibility of the core team alone. It's our responsibility. If $LEO will grow or fail, it's totally dependent on us the community. The time of just being a number in the community is over; it's time to become a member and an active one. That way, the growth will be facilitated.

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One of the core beliefs of LeoFinance is that all of the value resides in Layer 0. That is, The Community of hardcore believers is what matters most in our project. By focusing on community, we are building the bedrock of the future. Without community, applications are useless. Tools are useless, projects are worthless. Tokenomics don't matter. ref

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In furtherance, we all have a role to play if we want LeoFinance to grow into that multi billion dollars market cap project. There are many ways we can come in to become active members such as: investing (buying and hodling), staking, curating, creating original contents, promoting, engaging and many other ways. It's a matter of choosing an area you prefer and staying committed. If all of us get involved actively then the network effect will be seen thereby bringing about growth and expansion.

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On the other hand, we have seen lots of developments from the core team in the quest to give $LEO numerous use cases and that's applaudable. Asides the community, one other key thing are use cases. Where there are no actual use cases for a project, it becomes useless. It's therefore wise to join in the building and growth phase of LeoFinance.

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Interestingly, the more active you are, the more benefits and rewards you stand to gain. Equally, being inactive only makes you an accompaniment. Which side do you want to be on?

Let's grow LeoFinance together by being active partners.

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I look forward to reading the next chapters of the LeoFinance WhiteBook.

   

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 and share content on the blockchain while earning cryptocurrency rewards.

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