We are in alpha on LeoThread and the new UI that was put out by the Leofinance team. It is not even a week yet but we are off to a terrific start.
One thing we can count on with this project is a lot is taking place. This can be frustrating but will pay off in the long run. It is something that is going to benefit every LEO holder. Those who remain committed will likely be very happy in a few years.
Why do I say in a few years?
Great things take time to build. Leofinance is a project based upon development. That means we are not seeing things happen overnight. This does not mean a lot of progress will not be made, it will be.
Here is an example:
Think back about six months ago, what happened? We were introduced to LeoThreads being added to the website.
There was a lot of excitement generated at that time, something that diminished rapidly. The UI was slow, clunky, and not very good. We see a similar response with the new UI although it is more sustained already.
Yet, we have to realize that it was only 6 months ago that LeoThreads was released in any form.
Now we have the new UI. Where will it be in another 6 months? This is the timeframes we need to think in.
Great things take time to build.
Leo Ads To LEO
The LEO token is the base for all that is created here. It is the umbrella that captures all value.
Having an [application)(@leoglossary/leoglossary-application like LeoThreads is a game changer. This is already driving a lot of traffic. Since there is no tracking yet, we have no idea what the numbers look like. However, we can tell simply by the activity that people are spending more time on the site. We also have people showing up each day.
Ads can be powerful on LeoThreads. This is also something that everyone who is holding Leo Power should want. The reason is that Leo Ads translate into more LP for each staking (or will eventually). From what we know, the plan is to use the Ad Revenue generated and buying LEO on the open market, adding buy pressure to the token.
Then, we are suppose to see the LEO distributed to each holder of LP. This will help to enhance the holdings while generating consistent buy pressure.
Of course, this will only enhance liquidity since money is coming in from the outside, in the form of ads, to buy LEO.
The project team is aiming for 5,000 MAUs by the end of the year. Personally, I feel this is a target that is too low. At a minimum, we should be aiming for 25K, if not 50K. The last week showed me this is the case with the new UI. Granted it is still in alpha and is not very feature rich. However, we can see the potential based upon what we have so far.
My point is what do these numbers do to the ad revenue? We know a lot of that is based upon traffic. We can expect it to escalate at least in proportion to the users. We might find that it actually outpaces that.
Either way, it will really generate some money to buy the token with. This is why everyone who has LP should be starting to get in the habit of spending time on LeoThreads.
It will only enhance your holdings in the future.
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