Leofinance's Microblogging App Is Going To Be Huge

in Threespeak3 years ago (edited)

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I was playing around on Twitter a bit for a short time today and it dawned on me how much activity by the Hive Twitter army was being generated. In a short period of time, more than 100 Tweets and comments surfaced. This was really amazing to see.

In this video I discuss how I believe this application that Leofinance is building will be the "Netscape" moment for blockchain. This could pull in numbers that truly blow our minds away.

This is going to be bigger than even I imagined, and my imagination is pretty good.

I mentioned YouTube wiping out 500 videos, the actual number was 500,000.


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I'm excited for it. I recently started to use DBuzz to post short form content on LEO.

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I have a feeling this will be a lot bigger than DBuzz.

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Dbuzz is great but not the perfect representation of what microblogging would be . But glad you are already warming up.

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I think the biggest issue to solve (especially for new users) is RCs. This will probably severely limit new users from interacting as much as they want. The upside is that these users will probably only make meaningful comments while the bad side is that it might make new users quit.

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One only need 50 hive power and all problems are solved. It's cheap and plenty of hive on the open market.

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it might be solved by being able to delegate RC to new users

There will be some delegation but 10 HP doesnt allow one to do a lot.

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If we expect the boon in users, who decides when they get a delegation, for how much and for how long. If there are like 100,000 users requesting more HP, is there enough HP left over to give users?

The problem I see is we are creating new accounts and giving them a small amount of HP to start. Active users will burn through the RCs fast and their recovery-rate will definitely not be able to keep up.

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The key will be to take back the RC given to people who never use it. There are a lot who sign up and do nothing. If that HP could be recovered and then passed on to the active users, they would be able to participate more.

We will see how it all will unfold.

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This is a difficult topic and it would be hard to find a good solution. e.g., when is one active/passive? how would this be done from a technical viewpoint: wouldn't the user's keys be necessary and if not, this could/will be used for exploitation etc.

If we don't know now if Hive can scale or adopt so many new users then we are probably going to fail when the time comes. I hope somebody is thinking about this problem

Delegation do not require the users keys.

It is up to the one delegating to make the decision to pull it back or not; not the user.

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The RCs are a problem. We will have to see how that is solved since it is a known issue so they are on it.

But I dont know what the answer is.

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We know the answer:

Buy some hive tokens. It's cheap.

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That is true and apps are going to have to do that. It is what is really going to drive the demand. It isnt the users per se as much as those who are looking to attract the users.

Leofinance and 3Speak (and whatever others) are going to have to load up on HP to be able to delegate to people.

But yes, in the end, there will be many who will be buying up Hive to provide this use case.

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One just needs to buy 40 hive once, power it up and never worry about RC again. The sooner the better.

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Yeah for less than the cost of one transaction on Ethereum, one could have enough RCs to last a lifetime.

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I think one possible bypass for now is to link the giftgiver site and let the new users request a delegation. It is only temporary but given the RC usage, it is only delaying the issue.

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This is going to be bigger than even I imagined, and my imagination is pretty good.

Lol yeah . I can't wait for it . We have practiced well for it and once it comes up , we shall just boost the marketing for it . We together as community can bring in more people than anyone can imagine .

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I have a feeling that within the first week, social media is going to be well aware of what is taking place and the #projectblank application.

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Let's go all in on promoting it on the first week. It's easier to market it anyway when compared to Hive.

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I commented this to other posts talking about mBlogging as the future... because it truly is. it is the trend now and it's only going to explode as censorship becomes rampant in mainstream social media platforms.

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It is timing things exactly isn't it?

We are seeing a major need arising.

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Yes.

I must say that Leofinance is at a crucial time to unleash its true potential.

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I am very excited about Microblogging and am really looking forward to more details. I hope the fun can begin by the end of February

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A week or two for the full announcement detailing all about the project.

So give it another couple after that and I think we are good to go.

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I'm getting a taste how awesome it could be by using noise cash, even though noise cash is in alpha and has a ton of drawbacks, it's still fun. The Leo microblogging thingy will be 1000 times more fun and rewarding

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Plus #projectblank is tied to something much bigger. Leofinance is expanding rapidly and will benefit the users of the app in more ways than just direct payouts.

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when is it coming out

A week or two we are going to get the full details pertaining to the airdrop, tokenomics and, I hope, some time frame.

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I logged into twitter the last couple of days and have seen so many tweets about LeoFinance on there, including winning this Wallstreetbets thing? Subsequently, they basically changed the results and went for some other token but I think things will look totally different at the end of 2021 with so much development happening!

Going to be delegating most of my HP to Leo so that the project can use it for good effect!

The Twitter army has been going non-stop. They are doing a tremendous job.

We are making some waves. The new app will really hit home with a lot of people.

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I think that the hardware and the hosting it will be pushed to the limits. With the lightning DB all the heavy weight is on LEO Finance shoulders and the async commits will be done also on Hive. Hopefully the entire integration and infrastructure will pull through thousands, tens of thousands and even more. Hopefully we will not crack Hive and everything will move steady. Once that is settled, the project will be higher than everything we have ever seen so far. It will be exponential blogging, transactions and other types of interactions. Glad to be here, to be part of it and witness the born of a new kid in town!

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It will be the first real test of the blockchain and to see what it can do.

Good thing the optimization was done so the blockchain is a lot more efficient than it was before.

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I really hope it won't be popping up on our blogging feeds like dbuzz

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No it will not.

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Good news then. Throw in option of adding short videos and we're in business.

LeoFinance's Twitter-like dapp will publish the users' "tweets" as comments on the Hive blockchain (thus ensuring censorship resistance), so they will not show up on their followers' feeds.

WOW! I didn't know #leofinance community was working on a "twitter" like DApp!!

Great video and I agree with you. Not only there is a lot of potential here on the Hive Ecosystem, but also the "snackable" content is more than trending!

Today people prefer short stright to the point content. Tell the most essential on the shortest text. Use images like instagram!

What if this scales? Boom!

Yep and it will be out before the end of February (that is the goal anyway).

And it will be a separate app, so can be used for any content.

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That is amazing! The best of both worlds! Thanks @taskmaster4450le, you bring such usefull content stright to the point and raw! I see you are not afraid to speak out!

Need to shoot it straight with people since so many want to whine about what is going on.

To miss what is right he is passing up the opportunity of a lifetime.

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I think could be a great idea, but, why d.buzz isn't getting any involve?

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DBuzz took a different approach which is limiting it. Leo's app is going to have a different structure to it while also providing tokenomics.

So it is a novel way to handle the matter.

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I was just discussing with a peer on LeoFinance how Wall Street Bets may end up migrating to the Leo ecosystem with the implementation of the microblogging application!

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I am not sure that is what will attract them but it could. Even without WallStreetBets, there are a lot of others out there who will be attracted to that application.

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Thanks for putting that together, I try to keep my excitement at bay because I don't want to be let down. When this takes off it could make a bunch of us multi-millionaires, if this became a big deal.
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When this takes off it could make a bunch of us multi-millionaires, if this became a big deal.

We will have to see the details, but yes, the entire leo platform could easily be worth $250 million. We will see what the airdrop and new tokens look like but there will be plenty of growth over the next couple years.

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Have no doubt it's going to be a sucess. Judging by how microblogging like noise.cash is doing, I just can't imagine HOW BIG the project will go!

This project will get a lot of eyes since there are so many people excited who are ready to not only start using it, but also promoting it.

The numbers will grow very quickly in my opinion. Once it is released, we will go to town pushing it everywhere.

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Bang, I did it again... I just rehived your post!
Week 42 of my contest just started...you can now check the winners of the previous week!
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Freak yeah it is! I'm trying to get as primed as possible for it!

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How primed is possible? Where is the limit?

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Summary:
In this video transcript, Taskmaster 4450 discusses his excitement about an upcoming project referred to as Project Blank, which he believes will revolutionize the blockchain space. He draws parallels between this project and the historic Netscape moment for blockchain, emphasizing its potential to transform the way people interact on social media platforms like Twitter. Taskmaster 4450 anticipates Project Blank's imminent release, highlighting its simplicity and ease of use, which he believes will attract a significant influx of users quickly. He underscores the importance of decentralized social media alternatives to combat censorship and protect users' accounts, especially within the crypto community. Taskmaster 4450 envisions Project Blank as a tool for promoting other blockchain-based platforms like PeakD, Leo Finance, Actifit, and ThreeSpeak.

Detailed Article:
Taskmaster 4450, in this video transcript, delves into his enthusiasm and anticipation for Project Blank, a project that he believes will be a game-changer in the blockchain world. He describes it as a potential "killer DApp moment" and likens it to the Netscape moment, indicating its significance and transformative nature within the blockchain ecosystem.

The excitement around Project Blank stems from Taskmaster 4450's observations on Twitter, where he noted the high activity levels and engagement among users. He draws a parallel between the current state of Twitter and the potential future activity of users on blockchain-based platforms, foreseeing a surge in engagement and interactions once Project Blank is launched. Taskmaster 4450 predicts a significant increase in user numbers and engagement levels, which he believes will surpass current blockchain user metrics by a considerable margin.

One key aspect that Taskmaster 4450 emphasizes is the simplicity and user-friendliness of Project Blank. He highlights that users can sign up with their existing Twitter, Facebook, or email accounts, making the onboarding process seamless and accessible to a broader audience. This ease of access, coupled with the promise of decentralized and censorship-resistant accounts, serves as a compelling proposition for users, especially in light of recent instances of platform censorship.

Furthermore, Taskmaster 4450 discusses the strategic implications of Project Blank for the crypto community. He envisions it as a gateway to drive user traffic towards existing blockchain platforms such as PeakD, Leo Finance, Actifit, and ThreeSpeak. By leveraging the simplicity and accessibility of Project Blank, Taskmaster 4450 sees the opportunity to expand the user base of these platforms and promote wider adoption within the crypto community.

In conclusion, Taskmaster 4450 expresses his belief that Project Blank will not only reshape social media interactions on the blockchain but also serve as a catalyst for broader adoption of decentralized platforms. He urges individuals in the crypto space to embrace these alternatives as a means to safeguard their content and mitigate the risks associated with centralization and platform censorship. Taskmaster 4450 envisions Project Blank as a pivotal tool that will empower individuals to take control of their digital presence and engage in a more decentralized and secure online environment.