LeoFinance Weekly AMA! LeoThreads Microblogging on Hive and PolyCUB Monthly Report

khaleelkazi in #hive-167922 • 2 years ago

In this episode of the Weekly AMA, we talk about PolyCUB's monthly report and the newest Web3 social media feature launched by the LeoFinance Team: LeoThreads.

PolyCUB's monthly report covers progress by the DAO in terms of buying POLYCUB and distributing it to vexPOLYCUB's staking contract.

The LeoThreads coverage focuses on our newest feature for LeoFinance's Web3 platform: microblogging.

Never before has anyone been able to solve microblogging directly on a blockchain with 0 fees and a high degree of scalability. Users can now create hundreds of microblogs per day directly on the blockchain. This was never possible under any other platform or blockchain in existence.

All had either fees for transacting or weren't second-layer content setups which created a "frowned-upon" environment for microblogs.

This is the ultimate microblogging platform on Web3. The first of its kind and likely to be a killer application of Hive blockchain technology in the future.

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/
Microblog on Hive: https://leofinance.io/threads
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
Polygon HIVE (pHIVE): https://wleo.io/hive

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
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io

Posted Using LeoFinance ^Beta

#hive #development #web3 #threads #proofofbrain #oneup #ctp #palnet #leofinance

2 years ago in #hive-167922 by khaleelkazi

175.65 VYB

Sort:

Trending

[-]

dwayne16 2 years ago

Leothreads is an amazing entry that has help with engaging and allowed us to have microblogging. thanks to leofinance team

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

tobetada 2 years ago

amazing achievement!

@tipu curate

0.00 VYB

[-]

tipu 2 years ago

Upvoted 👌 (Mana: 8/48) Liquid rewards.

0.00 VYB

[-]

typebox 2 years ago

web 3 is indeed in the palm of our hands with all these savvy innovations being put into place by the Leofinance dev team . There’s no stopping us on here !

0.00 VYB

[-]

poshtoken 2 years ago

_{The rewards earned on this comment will go directly to the people sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.}

0.00 VYB

[-]

emeka4 2 years ago

Never before has anyone been able to solve microblogging directly on a blockchain with 0 fees and a high degree of scalability.

This absolutely amazing to achieve such goal and hardwork towards it and it feels good to be there to socialize with others.

0.14 VYB

1 vote

[-]

onealfa.leo 2 years ago

... on a blockchain with 0 fees and ...

One day ppl will discover thre is also a "fee" on Hive.
Called the RC

Posted Using LeoFinance ^Beta

0.14 VYB

5 votes

[-]

firstborn.pob 2 years ago

Definitely I agree with and I think this will definitely help user's who do well on threads too

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

khaleelkazi 2 years ago

RC pools fixes this

We can easily build a bot that delegates RCs to users of threads who are running low

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

onealfa.leo 2 years ago

What ? Is delegating RC now possible?

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

khaleelkazi 2 years ago

Right now it can be done through HP

Next HF it can be done without losing HP access

Posted using LeoFinance Mobile

0.00 VYB

[-]

mosesessien 2 years ago

Wow this is great

0.00 VYB

[-]

hopestylist 2 years ago

I believe that Hive is just one unique platform and leofinance community and its amazing dev are doing a great work behind the scenes and that has helped the community in creating sure a free to use microblogging.

Nice work to all the dev that has made this possible.

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

firstborn.pob 2 years ago

Apparently, this is one of the best development here on Leofinance, a very good one from the team

Posted Using LeoFinance ^Beta

0.00 VYB

1 vote

[-]

tobetada 2 years ago

one smaller problem I see is that threads is still integrated within leofinance which acts as a kind of barrier for all people not interested in finance (although all topics are allowed on threads). But I suppose this will be remedied with Project Blank (?)

0.00 VYB

[-]

khaleelkazi 2 years ago

Potentially, but people are already starting to see that Threads is an open-scale platform. No barrier on content

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

johnbenn 2 years ago

Leothreads makes everything easy for micro blogging, a good feature.

Posted Using LeoFinance ^Beta

0.00 VYB

[-]

omosefe 2 years ago

Apparently, I just found out about LeoThreads a few days ago because I've haven't been paying the much needed attention to the blockchain. I'd certainly get fully involved henceforth.

Posted Using LeoFinance ^Beta

0.14 VYB

4 votes

[-]

e43 2 years ago

LeoThreads has a fundamental issue though. Which will work against growth.

Microblogging on HIVE is considered shitposting.
Thus rewards for Threads can only exist within Leo.
Users therefore are not likely to get much rewards but still need RC to keep posting Threads.
If little to no rewards come to users they run out of RC which results in no activity (growth limit)
Or they need to purchase Hive/Leo (which seems like a positive but from outside looking in..)
Makes Threads a PAID PARTICIPATION microblogging platform.
Whereas Twitter is FREE with a much bigger audience.

I can only see limited growth by people that are OK with all the above.

You need to provide (capped) guaranteed incentives for Threads in order to maintain participation or it will turn out just like all else on Hive.

Big hype and buzz at the start then it fades away and gets forgotten.

Without a solid model for growth this Threads thing is not the 'killer app' people think will bring boom uptake for Hive.

0.05 VYB

2 votes

[-]

tobetada 2 years ago

this should be solved with the upcoming delegation feature of RCs in the next HF (if the LEO team decides to support their community in this way)

0.00 VYB

[-]

khaleelkazi 2 years ago

These are valid questions, however one key part of LeoThreads has already solved this:

Threads are NOT top level hive posts.

Threads are already earning HIVE + LEO.

No hive policeman can say that threads are shitposting the chain because they aren’t posts. Yet threads users are still earning both second layer and first layer rewards. One of the beautiful things about the second layer is that even without first layer rewards, it’s still rewarding. Having some small first layer rewards is still cool.

RC issues are easily resolved in one of two ways:

hive RC pools solves this
if hive RC pools didn’t for some reason, we could easily build a bot that delegates HP to users who are threading and running low on RCs

Hope that clarifies

Posted Using LeoFinance ^Beta

0.04 VYB

1 vote

[-]

hivebuzz 2 years ago

Congratulations @khaleelkazi! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You distributed more than 33000 upvotes.
Your next target is to reach 34000 upvotes.

_{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}

Check out the last post from @hivebuzz:

	Our Hive Power Delegations to the August PUM Winners
	Feedback from the September 1st Hive Power Up Day
	Hive Power Up Month Challenge 2022-08 - Winners List

Support the HiveBuzz project. Vote for our proposal!

0.00 VYB

[-]

hivebuzz 2 years ago

Congratulations @khaleelkazi! You received a personal badge!

Happy Hive Birthday! You are on the Hive blockchain for 5 years!

_{You can view your badges on your board and compare yourself to others in the Ranking}

Check out the last post from @hivebuzz:

	HiveFest⁷ badges available at the HiveBuzz store
	HiveFest⁷ meetup in Amsterdam is next week. Be part of it and get your badge.
	Our Hive Power Delegations to the August PUM Winners

Support the HiveBuzz project. Vote for our proposal!

0.00 VYB

[-]

hivebuzz 2 years ago

@khaleelkazi, sorry to see you have less Hive Power.
Your level lowered and you are now a Minnow!

Check out the last post from @hivebuzz:

	HiveFest⁷ badges available at the HiveBuzz store
	HiveFest⁷ meetup in Amsterdam is next week. Be part of it and get your badge.
	Our Hive Power Delegations to the August PUM Winners

Support the HiveBuzz project. Vote for our proposal!

0.00 VYB