The recent updates on the leoverse as usual is the addition of Google ads on the leofinance platform as a means to generate more revenue which would enhance buy back mechanism on LEO token. There is no doubt that the Leofinance community is consistently dishing new updates that would improve the Leo token, increase engagement levels on the platform and also foster opportunities. The leo ads has been a long anticipated feature and it will soon be implemented.
One other great development to the leoverse is the addition of the viewing counter which is connected to the leo ads API and adsense support.
WHAT ARE GOOGLE ADS
Simply put, Ads means advertisement. In other words Google ads (Google advertisement), it is an online advertising platform where people, companies or business owners apply for their goods, products, brands, services to be advertised for short period of time as with their agreement with the Google company. This advertising agency allows your goods and services be known globally and gives it visibility when such product is else searched for online.
Google is one of the largest internet search engines accessible to billions of people globally. This is why people subscribe to using Google ad to promote their businesses and generate income and revenue.
GOOGLE ADS ON LEOFINANCE
If members are consistent with the surfing the leofinance platform and Threading consistently, you would notice an additional viewing feature called the 'viewing counter'. This viewing counter displays the number of views on that thread and a general estimation of the ad revenue generated by the views. Although the counter is only visible to threads alone but will soon be incorporated into the long Form blogs.
Thus, you can see the actual traffic counts which looks like the views icon where you know the amount of people that viewed your post
What are the possible benefits of Google Ads on LeoFinance?
The incorporation of ads into the leofinance platform has a lot of benefits as discussed in the leofinance AMA.
REVOLUTIONISED ENGAGEMENT: one of the benefits of Leo ads is to radically change the phase of engagement strategically. The incorporation of page views is a means to further increase engagement levels. This would encourage lions to post meaningful and lengthy threads to promote interactive connections between members. In essence, the more you engage, the more it helps to drives in more revenue. Thus, if you have activated your ad blockers, it's time to deactivate it and show support to the community.
INCREASE IN LEO TOKENOMICS: another benefit of Google ads on leofinance is that they get paid for showing adds on their channel. Hence, the revenue generated from the ads views on the platform will be used to buy leo tokens from the market. This Leo token bought from the market is then distributed to Leo power holders according to their Delegated stakes in the community.
MORE VALUE TO LEOVERSE : Google ads is expected to boost the value of the leofinance community. Asides the fact that leofinance gets paid for every click on the ads projected on the platform, it's boost the value of the community and make it global as there is a vast increase in the number of threaders daily. Also, the ads are somewhat relevant to the leofinance community.
Why do you think Google Ads are better or worse than CoinZilla?
Due to recent update by the leofinance team, the leoverse runs the two ads, which is Google ads and coinzilla simultaneously. But the issue is that sometimes coinzilla might run out of ads to run, in essence Google ads take over.
Again, the fact that Google ads covers a wide range of advertisement ranging from crypto, technology, science, art, accounting and so on and it is the largest globally. Thus, millions of internet users access this tech platform and with the right keywords, search is optimized. Coinzilla are somewhat limited in most aspects and are lagging behind.
How can we make use of Google ads on LeoFinance?
The best way to explore Google ads on leofinance is by advertising goods and services that are related to the leofinance platform. Just like the introduction of leoads
portal where members or anyone can access leofinance to display their own ads after going through the due process.
What benefits do you personally expect from this update?
The benefits is susceptible to the leofinance community and to the members as well. We all have a part to play so that we can enjoy the benefits.
- delegating hive power to leofinance suggests that I get an apr percentage everyday. The buy back mechanism of Leo tokens through the revenue generated from the ads, is only possible if we click and view the ads daily. It is beneficial because through the ads, I get allocated Leo tokens.
- it is also beneficial because I generate Leo tokens through the number of page views and click I get by engaging in threads.
- to increase engagement and promotion of threads. The leoads can rewards your efforts on the platform by curating your blogs.
Finally, these are means of decentralizing the platform, a means to generate revenue, to boost engagement, the value of the community, vast opportunities that are eminent in the leoverse. This is one reason lions should be more active in Threading and engaging with other member can making
This is my entry for the leo&hodl contest. I invite @merit.ahama, @seyipaul2 and@jmis101 to check it out.