Dear fellow Lions,
It’s my pleasure to share with you a glimpse of my thought process inside the INLEO ecosystem, and the announcement of my today’s Leo Power Up for an amount of 1022 $LEO – which is almost a doubling of my current Leo Power.
A big part of this decision is rooted in the visionary dynamics that INLEO buidlers, like @khaleelkazi , @taskmaster4450 & @mightpossibly , have been nurturing during the last year, dynamics that are reflected in the recent INLEO’s Decentralized Hive Fund (DHF) proposal.
Bye bye DEI, welcome DEA – «Decentralized Everything App»
That DEA aims to integrate various functionalities, including social networking, finance, blogging, and more, into a single, user-friendly platform. For INLEO, this means an opportunity to tap into a more extensive user base by offering seamless access to a comprehensive suite of services. Users who might initially come for one feature, such as social networking, could easily explore and engage with INLEO's financial tools, thus increasing user retention and interaction.
The proposal’s idea is also to continue streamlining the user experience, in the steps of what LeoInfra has been offering for more than a year now: a 3 clicks away registration process with existing centralized platforms as «familiar» to most users starting points. This is particularly important for INLEO, as we seek to attract users who might not be familiar with cryptos and blockchains.
INLEO as the «SocialFi blockchain of blockchains»
The proposal highlights the crucial importance of forming strategic partnerships with other blockchain universes, fintech companies, and even traditional financial institutions. On the blockchain side of things only, it’s undeniable that the potential is huge: in several big ecosystems, like Avalanche, Solana or Ethereum, SocialFi projects were born in the last 2 years but have had a hard time to stabilize a wide user base past the initial hype – a key factor in that respect being their «silo’ed» chain-centric schema. Avalanche’s «Stars Arena» users cannot communicate and build with Solana’s «Clout» accounts, for instance, whereas on INLEO Dash users are able to engage with Hivers and to be rewarded in the ir native $DASH currency while staying inside their original Dash environment. The SocialFi game change impact is here immediate and very intuitive.
By integrating with other platforms and blockchains, the INLEO DEA can expand its offerings, improve liquidity, and enhance its overall value proposition to users. Among the most promising aspects of these partnerships is the potential for cross-platform collaboration and resource sharing, including in the field of open source community-driven AI models.
From what I’ve seen, an INLEO specificity is that this interoperability is being built in a constructivist fashion, using the well established Hive existing stack to extend the users’ abilities, one by one, by knitting innovative services with other chains, from a starting point where that potential wasn’t envisioned as such. I would tag this method as a realistic and flexible one. It’s an approach that contrasts with visions where the entire blockchain adopts from the get go a more idealistic interoperable profile and promises its users seamless transactions with dozens of other ecosystems. Up to now, even when those projects essentially hold to their original goals, like in the case of Cosmos or Polkadot, it seems that they carry in the public’s eyes kind of an «overpromising» burden, a perceived stretch between what was sold as shiny revolutionary networks and the daily users experience.
Community engagement and growth: when cubs drive the curbs
By fostering a vibrant and active community, the INLEO DEA can go on benefiting from a continuous feedback loop that drives product improvements and innovation. Community engagement can also lead to increased user loyalty and advocacy, as Lions feel more connected to the platform and its mission, that becomes our mission.
The positive impacts of INLEO’s DHF proposal are far-reaching, given that our coming Decentralized Everything App can position itself as a leader in the decentralized finance space and at the same time in the censorship-resistant social networks universe. If we’re all conscious that the success of this roadmap will depend on our collective efforts as Lions, even the newborns and the cubs among us, most of us will make this $LEO Power Up a frequent hygiene and discipline.
Here is my proof-of-staking from today's Leo Power Up
My balance before the Power Up:
And after the magic took place:
Posted Using INLEO
Congratulations @ijatz! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 3500 comments.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP