On July 24th, I wrote my Money Goes Where Treated Best!? post about needing to make a decision on whether to invest further in LEO? Or BRO? Or both? Hmmm ... 🤔
I chose both. Glad I did! 🙂👍
It is not even two months later, dear reader, and, as you will see in more detail below, my portfolio is "growing up" very nicely! 👍
So ... Six weeks after my first post, let's take a closer look ... 🧐
LeoFinance Community
The day (timing is everything!) after what I wrote in my above referenced post on July 24th, LeoFinance published their 2020 Roadmap:
The scope of what is covered in their 2020 Road Map is impressive enough. Certainly in comparison to any other community with which I have been involved on our Hive blockchain. But, it is the delivery on their objectives that sets the LeoFinance community apart, in my book.
It made my subsequent decision to become a LEO "Whale" 🐋 a "no-brainer" for me. Going from "strength to strength" over the short time since, we have gotten the following important posts on progress:
The long-awaited and much anticipated new UI has now been released in Beta form!
One of my most highly anticipated outcomes is to see what becomes of this UI, between now and the end of the year. A lot has been written about the "promise" and the LeoFinance team has an enviable record of "delivery" on their promises!
There is a brand new LeoFinance Landing Page:
Does anything on this image stand out to you? For me, it is the simple but powerful real-time display of the total market capitalization (when you have you ever seen this displayed for any other group?) of the LeoFinance "second layer" on our Hive blockchain. Think about that for just a minute. That is an incredible accomplishment.
And they are just getting started!
Great stuff. What has really set the LeoFinance community "on fire" though?
Following closely behind announcement by @fbslo of a new wHIVE token, linking HIVE to the Ethereum blockchain, wLEO was announced! Here is the latest post, with the official "go live" date:
The response in the marketplace, to the announcement of wLEO coming, was unlike anything I have yet experienced on the Hive blockchain. The price of LEO skyrocketed! Culminating, albeit briefly, with the incredible feat of reaching parity with HIVE the morning (here) of Sept. 13th!
While it has settled back a bit, as would be expected, the LEO price is currently multiples of that which I paid for investing into it!
🦁 🚀 🌙
Onward and upward!
Man Cave Project
While seemingly considerably less "structured" that LeoFinance, that is simply the Man Cave Project having a very different vision of what it wants to be "when it grows up!" 😉 ... What can I say? 🤷♂
It's "DNA" is just very different ...
After what I wrote in my above referenced post on July 24th, I decided that I was also going to continue investing into this project, even though there was really no Road Map at all! What @roleerob? That's not like you at all. Have you lost your mind?
What happened? 😲
Rather than recreate what I written previously, I will simply say I have not been disappointed in all that has unfolded since July 24th. As an essential part of that statement, I have spent far more time in the Man Cave server on Discord than I would have ever imagined prior to learning about their project.
As a result, I now own nearly triple the number of BRO tokens I had at that time. Thankfully, even though there is really no Road Map and there is even a fair amount of secrecy surrounding "the Plan" ... 😉 ... we do have more information now, upon which to make better informed decisions:
For example, here is our website, currently a work-in-progress:
The heart of the project is now project to be a mobile app, currently also a work-in-progress. Here are some details, including the news of it closing in on being ready for beta release:
Linked to the launch of this mobile app, we will apparently soon be introduced to a new token - the DreamR token. Again, secrecy surrounds the details, but we have been told they will be released "soon."
Okay ... BRO token holders have become accustomed to this approach and, at least so far, have not been disappointed on how it has all unfolded. Actually, the opposite. There is a growing amount of excitement!
One standout difference, in comparing LeoFinance and the Man Cave Project, is the sense one gets in the Man Cave of the whole team behind the project.
As I get to know them a bit better, with regular interaction on the Man Cave's Discord server, they are clearly a very diverse group. I think of that as a strength, as Ray (@raymondspeaks) is skilled at keeping the group together and focused on the vision of what "can be."
Taking pains to be clear, I am not saying the Man Cave team is better than the LeoFinance team. The Man Cave team is just much more readily discernible to me. And I like that.
So ... While I can provide considerably less detail about the prospects for the Man Cave, I considered them to be very bright.
Again, onward and upward!
Big Picture
For one thing, there is some great synergy between the two! The BroFund account holds a considerable amount of both LEO and the LEO miners. In fact, they are far and away (as this is written anyway) the largest holder of the LEO miners.
As an example of the support, here is a post written about the Man Cave's support of LeoFinance entering the DeFi space on the Ethereum blockchain:
I list this intentionally to demonstrate the good intentions of the Man Cave toward this LeoFinance initiative. Subsequent to this post, as it is all "new territory" for many, it was learned via LeoFinance that holding an equivalent amount of ETH was also necessary to participate. At that point, the Man Cave reluctantly withdrew from participating directly, although it remains very bullish on LeoFinance and its LEO token investments.
And @khaleelkazi holds the position of Dragon on the Man Cave project.
As another example, here is a post on a joint project with SpinVest (SPI token) - the "BroVest Mega Raffle":
If this is appealing to you, please check it out and purchase some raffle tickets. The "big reveal" of the winners is upcoming on Sept. 19th!
The man "behind the curtain" at SpinVest, @silverstackeruk, also holds the position of Dragon on the Man Cave project.
To start wrapping up this post, dear reader, let me "step back" and take a broader, "wide angle" view of what I see and make some brief closing points:
- Positive: Both LEO and BRO are much more than simply "specialty content" communities focused on curating and supporting the Hive posting / blogging of its members. This is particularly true of LeoFinance.
- Positive: Already, since my fateful decision on May 25th to power "down and out" on the Steem blockchain, the resulting discretionary funds applied to the "second layer" opportunities we have on our Hive blockchain have astounded me.
Source: @roleerob's LeoDex Wallet I may provide some quantitative details and comparisons in a future post, but for now I will just say the total value of the "Hive equivalents" in my HIVE portfolioare growing very nicely. 🙂 HIVE itself? Stagnant, at best, or (as this is being written) going down ... 😏 - Negative: Both LEO and BRO involve learning dedicated UIs ... Ohhh, booo! In their defense, a big factor is how this frees up the opportunity for bringing in ad revenue, etc., etc., etc. Yes, I get it!
I just hear too little regard given to the additional time demands this places on their communities advocates ...
Should we all just "abandon ship" on the Hive blockchain and focus on these "second layer" opportunities? With more and more of them showing up every day?
No!
They are
solely dependent
on a healthy
Hive blockchain!
solely dependent
on a healthy
Hive blockchain!
Great, well, that really complicates matters, does it not?
- How much time do we invest in each?
- How many $$s do we invest in each?
Historically, my answer would have been pretty simple. Whichever seems to have the greater ROI! I don't think it can be viewed that simply anymore, although many are likely to try to do just that. Good luck!
For myself, I am new enough at arriving at these conclusions, I do not have a fully thought out answer to them yet. When I do, I may have more to say ...
Put all of the LEO and BRO details and the "big picture" together and how does the future look?
Bright indeed! With the "foundation" pouring of of HF24 soon to be behind us, we can all hope that the focus of the excellent team of developers on our Hive blockchain then turn their attention to finally delivering on the long-awaited promise of SHMTs. HF25 anyone? 🙏 😉
With HMT functionality built in to the "base layer" of our Hive blockchain, then it will be something to behold what flows out into these "second layer" opportunities from there.
One more time with enthusiasm. Onward and upward!
Closing
From July 24th until now, did I just get "lucky?" 🤑 This outcome, so far, is certainly a welcome change from my more typical and historical "buy high" and "sell low" track record! 😉 Should I sell quick? Before my "luck" changes? 😨
No ... I will almost certainly just stick with my long-term HODLer / investor mindset. For whatever it is worth, @khaleelkazi (LEO) and @raymondspeaks (BRO) can be assured my tokens are in "strong" hands ...
The far more likely question is whether to buy more? And, if so, how much and when? We'll see ...
I’d love to hear any feedback you may be inspired to provide.
Until "next time," all the best to you for a better tomorrow, as we all work together to build up our Hive Communities and add increasing value to our Hive blockchain! 👍 😊
Respectfully,
Blogger @roleerob
Hive "Dolphin" 🐬, LeoFinance "Whale" 🐋, & Man Cave "Dragon" 🐉
🐝 🍯 🐝
P.S. I am not a financial adviser. Please consider this post as financial information and / or opinion only. Please perform your own due diligence, in whatever manner you seems best to you, if you have found it to be beneficial.
🌲 No trees were harmed in the publishing of this post! 🌲
Interested in reading more of my related posts?
| Lead Image | Title, Link, & Summary |
|---|---|
 |
"Wrapped" Tokens are the Future? My "contrarian" view of the speculative "feeding frenzy" surrounding the use of "wrapped" tokens in pursuing the potential of DeFi opportunities. Along with a look at an attractive alternative ... |
 |
"Macro" Trading! A Success Story? Not a trader, by any means, this post details the success I enjoyed in "macro" trading for 5,000 HIVE tokens, from Steem blockchain powering down revenues. |
 |
Money Goes Where Treated Best!? With a decision to make re: where to invest future funds, in choosing between BRO and LEO, I take a closer look at this well-known bit of investment advice. Should we consider whether it really holds true for the Hive blockchain? |
 |
💲 Your Money Making Money! 💰 Sound Good? How can we apply the "eighth wonder of the world" to the new BRO token of the relaunched Man Cave community? This post addresses that question, along with touching on some of the vital discipline needed for financial independence. |
 |
Yo! Got BRO? Oh no ... 😞 Go! 👇
Since my discovery of The Man Cave community, I had developed a steadily increasing appreciation for it. And had invested into it accordingly. This post was written to encourage others to seriously consider doing the same! |
 |
The Man Cave! New Hive Community and First BRO Tokens ... How does any "new chapter" in our life begin? Are there ever really any coincidences in our lives? In this post, you will read my story behind the discovery of The Man Cave, a relaunched community for "man stuff!" |
 |
Land of Leo: My First LeoDex Transaction!?
With discretionary funds from powering down on the Steem blockchain, I decided to invest some of it into additional LEO tokens. This post covers my experience with attempting to do it on LeoDex. |
The Man Cave: A Hive community "for men to retreat to their cave and do manly stuff"!
Discord: Engage with The Man Cave's "band of brothers"!
Check it out!
LeoFinance: A Hive blockchain community devoted to investing!
Discord: Engage with LeoFinance's Online Community!
Check it out!
This account is protected by @dustsweeper