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RE: With Microblogging Leofinance Needs mLEO

in LeoFinance3 years ago

I'm not really a fan of having secondary tokens just yet especially for something that's fairly similar in purpose, producing content. It adds additional layers of complexity that people have to deal with, I would rather opt for microblogs having a cap or range 1-10 leo and that's it.

It still provides an incentive to microblog but doesn't detract from long-form efforts.

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And what do you do about liquidity issues if there are multiple liquidity pools set up and there are thousands of users of the microblogging service (or tens of thosuands)?

How do you handle that?

As for complexity, that is something that people are going to have to adjust too. As I mentioned elsewhere, tokens are going to be the norm and people better get use to the idea of a site having multiple ones.

I used 3Speak as an example because that application is going to have 4 on its platform if I am understanding things correctly.

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Why try to solve for a problem that’s not yet a problem?