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RE: Seeding future LEO holders

in LeoFinance3 years ago

That is a great way to look at it. I totally understand what you are saying. I bought some LEO just yesterday, but it was a really hard decision given the 3 to 1 ratio right now. The value is definitely there, but the price is going to be a sticking point for a lot of people. As it rises we will probably see less and less casual investors. I agree we need to spread the token around as much as possible.

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That's one way to look at it. You only feel this way because you've been around for a while and remember how it grew to this point.

For an outsider who stumbles into Leo, the value won't matter. However, if the investor wants Leo, he/she has to buy a shit ton of Hive, invariably pumping your Hive bag, and then putting it into Leo, which also pumps your Leo stake.

Investors only see value and pay the price based on what they see. We need Leo to continue building and give us a product that's worth the hype. So far so good, things are looking up and I think things will get better in the long run

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I am not sure if it is the right way to go, especially from a personal perspective. But, I do feel that there are community benefits to having a few more people get in early, to benefit from the less casual investors later.

Spreading the token should be a big part of the early model, but it should still require a hurdle of some kind, whether that hurdle be a buy-in price or providing some kind of value in content or development. We have seen what happens if the hurdles are too low.

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It helps that you still have enough where you aren't hurting your stake too badly. I guess time will tell right?!

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