Introducing Facebook Sign Up and Sign In on LeoFinance | Onboarding Web2 to Web3 Just Got 10x Easier

in LeoFinance2 years ago

▶️ Watch on 3Speak


Every new user that comes to LeoFinance.io now has the option to sign up and sign in using their Web2 Facebook account.

This new LeoInfra update links your facebook account to your new HIVE account on LeoFinance.io. New Users will not have to download the Hive Keys unless they chose to - this is the key to onboarding the masses. Make it easy upfront and then drip feed the information to them over the long-term as they familiarize with the platform.

Over time, we will encourage people to protect their LEO by downloading their Hive Keys but the point is just to make the Sign up process easier to begin with and then get them deeper into the process.

This will be huge for LeoFinance as it makes the entrance into Web3 much more accessible to people who aren't as knowledgeable of all of the inner workings. This new method of access will assist in making the new user experience much easier - opening the doors to even more new users.

This is a great step towards LeoMerge coming in the sooniverse™️!

We talk about this and more in this clip from the Weekly AMA!

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io


▶️ 3Speak

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It's really important to offer people the convenience of signing up. I remember when I first registered, I waited about 2 weeks for the confirmation email to come. It is now possible to join the Hive in seconds.

Posted Using LeoFinance Beta

Lol yeah I remember that too! It’s funny that onboarding to a decentralized ecosystem required a centralized company to email you your private keys 2 weeks after telling them you wanted to sign up.

Looking back on steemit, I see so much missed potential they failed to capture in so many ways. Easy onboarding is at the top of that list

Posted Using LeoFinance Beta

Definitely steemit missed a lot of opportunities and it feels great to see them resolved here. We can already see the benefits of working with a focus on the future and innovation.

Joining even WEB 2 platforms has become quite difficult. In WEB 3 you show us how easy this can be.

Posted Using LeoFinance Beta

Good old 2017-2018 Steem days hahaha! I must have waited for like a month or so to get my keys!

Good job Leofinance team :D

Posted Using LeoFinance Beta

That is a great next step, it makes it so much easier for new sign ups. Well done!

Posted Using LeoFinance Beta

This would help users across several age ranges to onboard Hive and begin engagement on leofinance.

Posted Using LeoFinance Beta

It will, and that is pretty cool. We need more users that are active and engaging.

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More users is our #1 KPI: Monthly Active Users 📈

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Doing my bit by motivating others 😉😁

I so know…

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Good point. I haven't considered the age barrier. That should really help

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100% Facebook offers a very different demographic for us. These web2 easy onboarding access points allow anyone to join, engage and earn

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Engagement is on the rise. 10k comments this week?

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We’ve already seen a lot of signups through it! I’m excited

Posted Using LeoFinance Beta

Ooo that is truly great news!!!!! Yeah 🤩😎 exciting indeed.

Posted Using LeoFinance Beta

Awesome step with this development. This is the right bridge to shift the mass from web 2 to web 3. Great job for including this method of access

Posted Using LeoFinance Beta

One small step for Leo, one giant leap for Hive!

Posted Using LeoFinance Beta

This is a brilliant idea, I love it.

Posted Using LeoFinance Beta

Brilliant is just an understatement. I wish there was a better word.

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Lol, you are right. Each day I keep falling in love with leofinance and hive.

Posted Using LeoFinance Beta

Really glad to hear that! This is just the beginning!!

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Thank you!

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Sign up just made easier with this new method of access. This method would help greatly in onboarding the masses.

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True. Hopefully we can get them to stick around and engage on the platform.

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Our engagement is what creates stickiness for the community and platform. I’m excited to see some new faces each week :)

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The masses are coming, the masses are coming!

Posted Using LeoFinance Beta

Promoting @leofinance on Facebook should get a whole lot easier now. We could even skip over the blockchain and cryptocurrency stuff and simply present ourselves as a better version of Seeking Alpha with real rewards for users which they can sign up with Facebook.

The beauty of our community is that we don't stop posting about CUB, POLYCUB, HIVE and many other DAPPs. If we get the onboard, users will constantly bombarded with user generated marketing material for all other related projects. It will be like having dozens of funnels operating at once leading towards many parts of the ecosystem. People don't even need to learn that they are earning cryptocurrency. They just need to know that they are earning; even for a simple comment.
!PIZZA
!LUV

Posted Using LeoFinance Beta

“ better version of Seeking Alpha with real rewards for users which they can sign up with Facebook.”

Absolutely. I think the onboarding process from Facebook just got super easy. Most investors who read content online know what seeking alpha is so this is an easy sell.

Exactly right! The LeoFinance community is a self-perpetuating marketing machine

Posted Using LeoFinance Beta

Bottlenecks to entry had been a long sustained problem of web3 socialmedia. Thanks to Leofinance for helping to break this limitation which would make onboarding easier.

People have been so obsessed with web2 socialmedia which has witnessed tremendous growth and user satisfaction. Modelling web2 functionalities on a web3 technology is an amazing start into the future of crypto/blockchain mass adoption.

Posted Using LeoFinance Beta

Web2 tech imported to Web3 is an amazing onboarding point to get people to leap from 2 to 3

Posted Using LeoFinance Beta

This is really a good development,I am very sure it will definitely going to attract a lot of users to hive,

It definitely will

Posted Using LeoFinance Beta

Truly great move with the fb sign in/sign up. This will really help with getting many new users onboard and usher leofinance into the web3 race.

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I just started following Mark Zukerberg on Facebook. He's Just so crazy with growing the meta family. That's the push we need with Crypto dapps and communities. Thanks that Leofinance's Khal is helping us achieve that here.

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Thank you! Zucks sucks. I think his time has passed. Time for a new era of social media

Posted Using LeoFinance Beta

Web3 > Web2

Most think they need to fight web2. We don’t think that. We use Web2 to onboard web3

Posted Using LeoFinance Beta

Every new user that comes to LeoFinance.io now has the option to sign up and sign in using their Web2 Facebook account.

This is really nice seeing such happening with Facebook coming through with the aspect of signing in leofinance.io which is definitely an awesome development coming from the leo team which am impressed with this happening in the blockchain.

Posted Using LeoFinance Beta

My friend is stuck because of low ip score error and don't know much about discord so he stuck without an account. I will recommend him this way and if it works, I will come back to it and update what happened by editing it. If I forgot remind me. :)

Account creation from Leofinance interface has been hitch free so far.

Posted Using LeoFinance Beta

Oh, I hope that helps him.

I never had that issue before but I've heard about it

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Onboarding though LeoFinance is the easiest way to create an account by far!

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That should help with onboarding. I hope these people stick around. The learning curve on Hive can be quite steep but it's very rewarding

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The learning curve is super steep. Our goal is to make that curve easy in the beginning and harder as time passes and the user learns more about the blockchain on their own time

Posted Using LeoFinance Beta

That's a good strategy

I think if we could find a way to gamify their learning experience it could help with retention

Posted Using LeoFinance Beta

Now it will get easier to onboard people on Hive. Nowadays you can hardly find someone who does not have a Facebook account.

People want to do things in an easy way. Facebook sign up is definitely a big step to onboarding from Web 2.0 to Web 3.0.

Posted Using LeoFinance Beta

Yeah this is a massive step in the right direction

Posted Using LeoFinance Beta

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You got more than 15500 replies.
Your next target is to reach 16000 replies.

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PIZZA!

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Over time, we will encourage people to protect their LEO by downloading their Hive Keys but the point is just to make the Sign up process easier to begin with and then get them deeper into the process.

May be protect them with OTP till they download ?

Posted Using LeoFinance Beta

So does this mean that people will get a free hive account?

Posted Using LeoFinance Beta

This will be huge for LeoFinance as it makes the entrance into Web3 much more accessible to people who aren't as knowledgeable of all of the inner workings. This new method of access will assist in making the new user experience much easier - opening the doors to even more new users.

This is the way to encourage new people to join Leo/Hive ecosystem. One year ago, it's required ETH wallet address to register.
How many people in the world have ETH wallets? And compared to the number of people having FB accounts, it's like a tiny sand in the ocean.

Posted Using LeoFinance Beta