There are many initiatives taking place by different people on Leofinance trying to raise the level of engagement.
Quite frankly, it is pathetic that we have near 1,000 people using the Leofinance front end on a monthly basis and we CANNOT get to 10,000 comments in a week. That is a grand total of 10 comments per week, on average, per person. Considering that there are some who are doing a lot more than that, it shows that much of the Leofinance "community" is not engaging at all.
One area that engagement is taking off is @leomarkettalk. This is a "room" that is set up each to allow interaction between different users. It is just utilizing the comment section in a way that has back and forth inteaction.
We also are an area that allows for short-form content. In this manner, we are focusing upon some Reddit-type activity where people can post links, memes, videos, and photos as a top line comment. Others can then comment, thus starting an engagement string.
Being a part of Web 3.0, there are rewards available. Since this is all utilizing the comment section, short-form content is not breaking from the main basis of Leofinance.io. A lot of what we see posted at the blog level really belongs down in the comments.
That said, the rewards are flowing in @leomarkettalk. We have the tabulations and people who chose to focus there attention there are doing very well.
These numbers were compiled by @amr008, so special thanks for pulling them.
The dates run were from March 25th-April 24th. The reason for this is the 7 day payout window which affects the weekly numbers. Either way, we can get a solid idea of how much is happening and how profitable this can be.
Comments
- For that 30 day time period, there were 11,433 comments made in the "rooms".
It is important to note that, for the calendar month of April, there were 13,800 and for the first week of May, we are over 5,000, putting up a pace that will be near 20K for the month.
Keep in mind that all of Leofinance, using the front end, can only do about 9,500 per week and this week is going to be near 5K out of there alone.
- Of the comments made, 2,465 got author rewards.
That means 21.6% of all comments were upvoted.
Rewards
This is going to be very straight forward.
During the time period analyzed there were:
- 697.732 LEO paid out
This equated to an amount of:
- 0.283 LEO per comment upvoted.
Looking at it another way:
- 0.061 LEO was the average pay for each comment made during the period.
So each time someone left a comment, it was worth, on average, .061 LEO.
Users
This is something that few people too advantage of. In total, for the time period, there were 69 users. With a payout of more than 690 LEO, it doesn't take a genius to figure out that is more than 10 LEO, on average, per user.
Of course, it was not spread evenly. Some were more active and, thus, more rewarded. Here is a chart of who the top earners were.
There it is folks. The numbers tell the story.
Is anyone getting rich off this? No. But when people complain they cannot get any attention on Leofinance and nobody sees their posts, here is an alternative. This is a very small group and it is consistently supported for their efforts to engage.
There is another factor here: these individuals are also the ones who leave the most comments outside of @leomarkettalk. If you look at any comment section, you will see many of these same names.
So what is the deal? Why can these people do it to this degree and others can't even make a token effort? We are supposed to be a community yet it appears there is very little of that. Sure many are writing posts that get upvoted and take in a load of LEO. But that is all they are doing.
Comments increase engagement which help with retention. If we can up the retention rate, this will only have a positive impact upon the entire platorm.
This is not rocket science.
Many complain they are not long form creators. Fine. Leaving comments does not require one to be an award winning author. It simply requires being applicable, meaning something that is relevant to the article or conversation.
What we are discussing here is being value to Leofinance. Putting up a post of a few words with a picture is not bringing value. That is garbage posting, something that will not help Leofinance.
Commenting is a great way to bring value, whether it is done in the Leomarkettalk room or, more importantly, in the comment section of people's posts.
There are rewards being handed out so people are benefiting from this approach.
Simply put, there is every reason to comment. The benefits are too numerous not to.
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