4 Years In Crypto And Leo Is The Real Deal

I have used so many dapps over the years I have lost count. I have been there day one on several and have seen people make the same mistakes over and over. You have sites that do not utilise proper tokenomics. You have sites that are not having money coming outside of crypto. You have sites that are not user-friendly. You have sites that take themselves too seriously and are not inviting to everyone. You have echo chambers and tokens that have no user cases. And you have sites that do not understand that it is the users that matter and you need to make it work for them. You cannot think people will learn to use your site you need to make the site work for them. All these sites sadly went under and I have bags of coins that sit on my wall of shame. But Leo is one that finally gets it all right and has a really good chance to explode.

Tokecomics

This is very important in cryptocurrency. You cannot print too many coins and you need ways for coins to be burnt to lower inflation. Leo has a staggering low amount of coins which puts it in a key position during a bull run and has mechanisms in place to keep that amount low.

Money Coming In

You need to have money outside of crypto coming in for a dapp to work. You can use crypto as a vehicle for money to enter the site but you need things like ads or something being sold so there is money coming in and not just money coming out. Leo has an ad program where the money is used to help the value of the coin.

User-Friendly

Leo is the first site that really pays people in crypto that you can use Twitter to sign in. I don't think you understand how big a deal that is. All you have to do is sign in with Twitter, make content and get paid. This is a barrier that stops a lot of user sand Leo has taken care of it.

Inviting To Everyone

I have used sites where people think some work has value and others do not. You are a social media site first. People's work should be valued no matter how big or small. Not everyone is going to write Shakespeare and that is okay. People should not feel discouraged to post. Leo is a supportive and fun community and I see so many positive comments from different users on people's accounts.

Echo Chamber

You are only as strong as your newest user and Leo gets this. They make sure that the experience is good for the new people and not just the ones used to how it works.

Making The Site Work For You

This is a mistake I see a lot where people think that people should learn how to use their site. There are millions of sites that people can use and if it doesn't work for them they will just use another one. You need to work for the user and the onus is on you to make it work for them. Leo gets this and you see it with the Twitter sign-in and the other sign-ins that are coming.

No Use For The Coin

When you make a coin you need to have a use for it. This is a big problem when sites launch a coin and do not have a reason for it to exist. Leo has a lot of uses and has more coming in the future.

Constant Developemnet

I have seen sites release one update or ad campaign and sit back thinking it will lead to a deluge of new users. No matter how big you think your plan is it might fail. You need to constantly be building and trying new things. The only world is very competitive and if you put too much hope on one update you can fall behind. Leo gets this as it is working on update after update.

Every box that I have on my list of what a dapp needs is being checked off on Leo. And it is still very under-valued. Projects with just white-papers are usually at 20 million market caps to start and we are only at 2 million. I see a 10x here in the months to come.

Keep up the good work Leo.

Posted Using LeoFinance ^Beta