Tomorrow is Leo PowerUp Day and I thought I should write a little bit about Inleo today, since tomorrow I have another post scheduled. By the way, if you are a sponsor of LPUD prize winners, this is also a reminder to undelegate, I forgot and just undelegated now as I was thinking about LPUD.
Inleo is one of the projects on Hive that has been developed relentlessly, bull or bear market, and is starting to see some fruits of that work and their focus on building connections outside Hive.
Khal may not be a very likable person, especially if you look for his faults, he can certainly be blunt by his own admission (Cubfinance & PolyCub failures may also have some influence on how some people see him), but he is a driven business man on a mission - to make Inleo successful on the long term. He is also financially successful by other means that he can sustain Inleo's costly infrastructure and development before it becomes self-sustainable.
That's something you don't see often in crypto, where projects are often started by devs (or even regular people for meme coins, for example) who then need to go look for funding and, at some point, if they are in the position to control huge amounts of tokens directly or indirectly, some go crazy because of the riches at their fingertips and rug pull.
I do believe Inleo is one of the few projects on Hive that will succeed in a major way. Signs of that are already clearly visible, but the road is long and filled with obstacles, for sure. By "major way" I'm thinking at least 100k users, but a better target would be 1m+ users. Once you get into the millions of users you are in the big leagues. Maybe not in the top league of Web 2 in terms of users, that's a very unlikely target for us. Even 1m would be hard to reach. At that point, I wonder if Hive would be able to scale to so much activity. Maybe if not all content remains on-chain, as there have been discussions in the past. But it's a long road to that point. We need to escape the minuscule 10-20k daily active users range first (for the whole Hive).
Regarding LEO price, after being almost completely disconnected from the developments going on on Inleo and LeoDex, recently it started to gain ground, and now is pulling back again. Today is at 0.072$.
I check the price of LEO quite rarely.
This chart from Beeswap (or any other Hive-Engine interface)
shows the price evolution of LEO compared to HIVE as the base.
While we can see the dollar value of LEO from our Inleo wallets, I'm unaware of a chart that shows its evolution in time and still works (meaning without bLEO or pLEO).
That's a good thing to have if you want some trading volume on your token.
As for LPUD, I will participate with 150 LEO, like I have done last month too, after achieving my goal for 2024. Thinking about the future of Inleo, this is a stake that has a high potential. Like everything that has a price though, it will be determined by the relation between the demand and offer in the market(s).
Posted Using InLeo Alpha