Here we see the incentive. Leo users are buying up the token because they are having a great experience, have confidence in the core team, and are all working to build something bigger.
That sums up everything and although some have criticized me for powering down HIVE and buying LEO, I am continuing to do that. My personal experience with leofinance has been the best on the blockchain, the new and the old one, thus far.
I agree on the comment that somehow Steemit, Inc is now translated to the top 25 witnesses which can be proved by that 500 HBD per day for 60 days proposal that was approved through stake being used despite the community disagreement.
We have a whole different situation in here where the community seems to be tied with the dev team and especially @khaleelkazi, they take into account plebs opinions as well and seems that somehow efforts are mutual, whereas on the base chain the situation is a bit different.
Although we(leofinance), and I know it sounds weird to separate it from Hive like it would be able to exist by itself, don't have a development fund as hive does, the development and upgrades are more obvious.
Why wouldn't anyone buy into this project and power up. Believe I have never powered up my Hive account at the pace I am doing with LEO and it's all because the perspective is clear.
Why Leo Is Doing What Hive Seemingly Cannot
IT FEELS LIKE A DAMN COMMUNITY and it gained the trust of his members. How can I have my full trust in a circle of people that seem to mostly see their own pockets, and again the DAO is living proof for that.
Bottom line, leofinance has gained my trust and most of my time spent on the blockchain and when I, as a community member, am doing seemingly better from one week to another, why the tribe and token would do the opposite.
Community, in my opinion, is still the number one asset of a crypto project such as Hive.
Posted Using LeoFinance Beta
Trust is a crucial factor that is overlooked. Without that, most projects, wherever they are, will have a tough time.
That said, the advantage Hive does have is all the different projects feed into it. Thus, if we have a bunch of applications like Leo, all pulling in people from the outside, then the totality of that growth is actually on Hive.
Each time we post a comment, no matter what the UI, it ends up on Hive. So on Leo, we are pushing for 1,000 comments a day: Hive does a ton more than that. However, in totality of the number of people as well as the token circulation, it needs a great deal more.
Posted Using LeoFinance Beta