The two areas highlighted are already being done by Leofinance. Engagement on the platform exploded over the last few weeks as a concentration in comments was pushed. It is aided by the fact that we saw a change in the reward curve that made it more sensible to reward comments with upvotes. Also, there is no dust on Leofinance which enables a payout on even the smallest of upvotes (in LEO, HIVE is still dusted).
Start the process of reaching out: a lot of the growth of Leofinance is because people on their reached out to their friends and colleagues. Many deal with others in their investing and mentioning Leofinance is a great way to start attracting them. After all, the best marketing is word-of-mouth.
Some people don't notice the changes that are happening. Like I was ignoring the interface of leofinance.io for a good amount of time, till @trumpman reached out with a comment and saved me. Since then, I'm reaching outin discord to the people I know, especially the ones I've met in person.
Make the token desired: The price of LEO exploded over the last few months. Many feel this is because of the burn rate (which was in place from the beginning) or the advertising. While they have a part, the main reason is people want the token. Confidence in what is taking place on Leo exists. Essentially, when the team said something was going to be done, it got done. Sure, there might be delays but it eventually rolled out. Nothing causes a loss of confidence more than stagnation.
Focus upon features that will help with growth: we need those things that are going to appeal to people on the outside, not just on Hive. We need to move past the rewards as the main focus and position it as a bonus. Certainly, Web 3.0 is about rewards where none existed but that cannot be the primary focus. There has to be more.
Leoshop would be a great addition as it would have another useful use case. Here I think there would emerge a need for a pegged currency or at least a currency that is not very volatile, so that sellers and buyers are protected.
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Leoshop feel down on the list of priorities but, from my understanding, it is still on the books to be addressed.
I think we see a stable coin at some point, tied to, most likely, the USD. I am not sure how that all would work out but it is possible.
Leo is building a foundation from which more can be built upon. It is exciting to see. The LBI project is the first one that I know which is being put together outside the core Leofinance team. Thus someone else is doing something on top/with leofinance.
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I underlined some ideas of further development. Leoshop would be a pain to manage without a stable coin, or I might have a mind glitch.
For the LBI project I will be with 1k in, at least. :)
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very good.
I am going to put in a minimum of 5,000.
And yes to maximize Leoshop, we need something stable, or accept some stable coins.
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