LeoFinance

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@forexbrokr
Dane Williams
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leofinance.io/@forexbrokr
Sydney, Australia
Web3 | Hive

@forexbrokr/hive-presents-an-opportunity-to-monetise-content-via-layer-2

@forexbrokr
2d
73
LeoFinance
LEOFINANCE
Hive presents an opportunity to monetise content via layer-2
Direct from the desk of Dane Williams. As a decentralised blockchain, all Hive cares about is using content to distribute the…
412
1
15
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Hive presents an opportunity to monetise content via layer-2
15 comments
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0 reblogs

@forexbrokr
2d
73
LeoFinance
LEOFINANCE
2 MIN READ
320 WORDS
monetiselayer2hive.png
Direct from the desk of Dane Williams.

As a decentralised blockchain, all Hive cares about is using content to distribute the HIVE governance coin via reward pool inflation.

In terms of adding value to the HIVE token, the makeup of the content itself does not matter.

Only that the HIVE token is distributed as far and wide as possible.

But by encouraging content to be published to an open-source blockchain in order to distribute its governance token, Hive presents opportunity for you to build a content business on layer-2.

Literally anyone is free to take the content people are putting on the open Hive blockchain and then monetise it on your own front-end.

Your choices:

Keep the USD generated from putting ads on the content yourself and stop there.
Create a sustainable, tokenised layer-2 content community.
(Obviously there are other ways to generate revenue via content, but I’m using ads an example because it’s the easiest and right now the most viable.)

Where is LeoFinance (LEO) at?
Right now, the reality is that LeoFinance has stopped at 1.

LeoFinance is supposedly generating USD from leofinance.io ad revenue and sending it into a closed account that only Khal can see.

Is he saving it at all?

Is he spending it?

Who knows.

As LEO investors, we’re taking him on his word that he is in fact saving the revenue being generated and moving toward 2.

That LEO can and will reach a sustainable equilibrium between inflation used to pay for the content (the LEO rewards pool), and buy/burns from the revenue that content on his front-end generates.

Do you believe him?

Do you beleive that even if he carries out his promise to drive revenue that the content generates back into LEO, that a sustainable equilbrium can be found?

Let me know in the comments.

Best of probabilities to you.

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WEB3
HIVE
HIVE-ENGINE
HIVEHUSTLERS
CTP
CENT
PALNET
NEOXIAN
LEOFINANCE
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15 Comments
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alex-rourke
2d
So there’s no statistics,reports, transactions? Just words?

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forexbrokr
73
2d
Just words.

Kinda hoping that this will spark a conversation involving the team.

It doesn’t matter if the current ad revenue dollar values are low.

All we need is to see how much traffic it takes at the current inflation schedule, to hit equilibrium.

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ifarmgirl-leo
2d
We are kind of banking on his words but I like to believe that Khal will do as he says and that a sustainable equilibrium will happen too.

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forexbrokr
73
2d
Let’s see.

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ifarmgirl-leo
1d
Yeah, time will tell 🙂

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metzli
2d
I totally have my parents money sitting in my bank account ready to go for whenever they need it.

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ifarmgirl-leo
1d
Hehe, that’s good. At least you’ve got them ready😉

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jfang003
2d
I don’t see any reason to doubt Khal but I do agree that the ad spending to distribute towards LEO stakers is a long time waiting. It was mentioned a long while ago and I am also think it’s a bit too long.

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forexbrokr
73
2d
Way too long.

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metzli
2d
Or maybe just the ad revenue is so embarrassingly small that he doesn’t want to share yet.

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jfang003
17h
It’s been over a year so I think the amount generated should be at least big enough now. I know that they can definitely improve the ad placement but I don’t think there would be any issues on the site itself.

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metzli
8h
I keep thinking of how many views you need on as a blogger to even start earning a dollar and think that we aren’t there yet.

Buy maybe 500 daily users brings on more views than I can imagine.

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tomlee
2d
LeoFinance is supposedly generating USD from leofinance.io ad revenue and sending it into a closed account that only Khal can see

Just getting to know this.

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l337m45732
2d
yeah, i’d love to see some transparency around this. i fully support LeoFinance, and Khal of course. i just think there needs to be a clear, transparent roadmap for this.

will we reach a sustainable equilibrium? i dunno. only time will tell. surely buyback & burns will push us in that direction eventually.

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metzli
2d
May the odds be ever in your favor.

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