Where Will Leofinance Be In A Year?
It is the time of year where people simultaneously get reflective while also looking ahead. The end of the year gives us a clear line in our thinking. On New Year's Eve, we usher out the old year. We also ring in the new one as they say.
This means that 2021 will be done, for better or worse. The final tally will be in and nothing more can be added to it. We are forced to let the cards fall where they may as we turn out attention to the new year.
We saw a banner year from the Leofinance team. It was a truly spectacular year. This means we should all be excited about where things are heading in 2022.
Before getting to that, let us look at the year passed. What do you think the biggest addition was?
Here is my answer.
Cubfinance
It is hard to believe this did not exist 12 months ago. It was completely a figment of Khal's imagination. There was nothing out and we were not even looking in this direction.
Nevertheless, 2021 did usher in Cubfinance. It brought a new aspect of Decentralized Finance (DeFi) to the table. This was a move that forced many to learn different aspects of Metamask, to the detriment of a few keyboards. Nevertheless, even if unwillingly, the horizon of many Leos was expanded.
Cubfinance is one of those projects that went in many different directions. This is not an attack on the team, in fact it is a compliment. DeFi is a novel industry which is filled with a lot of experimentation and change. Following a recipe from the Spring is likely fatal since so much changed in the last 9 months. Cubfinance ended up being flexible in its focus and approach.
Many still do not see the connection between Leofinance and Cubfinance. After all, they are two separate projects on different blockchains. While that is true, Cubfinance is designed to be a feeder system into Leofinance. Consider it an outreach program. If it can achieve great success, that will help Leofinance.
We are seeing a lot more added to the platform. From the weekly AMAs, we can see that cutting edge ideas are being applied. Whatever is new and showing some success is being implemented into the project. At the same time, old concepts that were exposed as unsustainable end up being discarded.
Quite simply, in my view, this coupled with all the stuff being developed on Hive is providing more options than I have resources. While many are bouncing around, I simply will wait for Cubfinance to implement it. There are enough Kingdoms there to keep me content until I reach Elon Musk type wealth.
After that I might have to branch out my TVL
Leofinance Mobile Application
This is another project that entered our reality, this one during the 4th quarter. Mobile is vital to future success since more than half the Internet traffic accesses the web in this manner. Even though I am not a major user of mobile, the application was easy to use.
Of course, being relatively new, it is basically a MVP. We are already starting to see some updates so it can be expected that rapid progress will be made, with a lot coming in Q1 of 2022.
Either way, the application is now available on both Android and IOS, the later taking a bit of time.
A mobile application enables for interaction anywhere one is. This is a big help when talking to people about the project. Being able to bring up the application on one's phone that is specifically designed for that environment is a major boost.
There is another reason why I am excited about the mobile application and this gets us looking forward to 2022.
The Loch Ness Monster AKA #projectblank
We all heard about it yet none of us have seen it. Does it exist or is it pure mythology? This is the question many are asking themselves.
Nevertheless, it is time that we start to get seriously excited again about ProjectBlank. For those who do not know, Khal termed this "Twitter on the Blockchain". It will also be the answer to Elon's question "where is Web 3.0?".
This is one of those projects that ends up being a game changer. Sure, we use that term a lot on blockchain and the potential exists in many places. However, this is one that can jump to the head of the class in many different ways.
Basically we are looking at a guaranteed success. The barrier to entry is none and he learning curve next to zero. This is unheard of in the blockchain world.
What is the knowledge level one needs to use ProjectBlank? Twitter!
That is it. If one can use Twitter, he or she can use Blank. There is nothing to figure out to get going. One will be able to use Facebook, Google, or Twitter sign up. This is something that 5 billion people know how to do.
As for using the application, from what I understand, it will look very similar to Twitter in the layout. Hence, if one knows how to use Twitter, one can use Blank. That is the level of understanding that is required.
Of course, to take advantage of the Web 3.0 features, one will have to claim his or her account. Nevertheless, that can be done over time, as people learn more about what is going on.
Talk about an instant hit. What is great is that this already has the talk track tied to it. There is no need to delve into rewards or "getting paid to Tweet". Instead, we can stress the most valuable aspect of Web 3.0: account ownership.
How would you like to ensure that you never lose your information if your Twitter account gets shut down? Consider how many people could be displaced by the Twitter "fact checkers".
I fully expect this to bring tens of thousands of people into the ecosystem in a rather short period of time. In fact, I feel it could rival some of the numbers put up by Splinterlands in terms of their real user sign ups. It will not take us long to start spreading this application all over social media.
The other advantage of this is that it will clean up Leofinance.io. Even though Blank is going to be a general purpose application, a lot of what is posted on the main site is short form content. Simply put, it does not belong on there. However, at this time, there is not really an option for people who want to engage with that type of content.
ProjectBlank solves this.
Therefore, in a year, I can see Leofinance being a cross between Seeking Alpha and Yahoo Finance. Hopefully there will be more "market" related tools added to the site (Hint: Price Feeds) that will turn it into a true crypto-financial site.
It is going to be an exciting year for Leofinance and the associated applications. Hang on, the fun is just getting started.
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