Wallet Feature on LeoFinance, Metamask on-ramp, Microstrategy and BTC hits 30k
Bitcoin is starting to push again and obviously it is bringing excitement. That isn't the only exciting news though!
Monthly Active Users (MAUs)
The Q2 goal for alpha leo is 1,500 MAUs and well, little over a week in and 1,400 has already been hit.
Sounds like we are well on our way to the 5K goal for 2023. Especially, considering that come May 1 we have the official launch of alpha leo to full production!
Thread Environment
Last Friday, @Khaleelkazi had a little roundtable feedback from some power users like @taskmaster4450 and myself. Several items were discussed, but creating a better environment in threads that's not full of just link posting is an overall goal.
"Engagement score" is going to be a piece of that, but the overall culture needs to be cultivated by us, the users.
We also talked about - why does someone want to hold LEO?
Reasons we came up with:
- Influence
- Ad revenue
- Governance (polls having stake weights)
- Leofi
Cub Burn Report
The report is already is due out, but some data is still being waited on until the publish button can be hit.
The good news is cub flipped deflationary last month and I expected that to continue as the burn revenue grows.
Remember, the more we have staked on the bhbd and bhive pools the more burn revenue generated.
General Crypto
Bitcoin cracked 30K and is looking like an uptrend is in play. Its crazy how the narrative has changed after everything looking so negative just a few months ago.
Metamask is apparently going to offer the ability to purchase crypto directly with fiat.
MicroStrategy said they are now in the green again on their total bitcoin holdings as their average price is right around 30K.
Feel good vibes seem to be coming back in Crypto.
About LeoFinance
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Posted Using LeoFinance Beta
Did i read this post before somewhere else? It reads very familiar. I am not sure how we will implement the engagement score or anything. It is a tough one specially when things are subjective. I read a post from @tarazkp this morning on how we perceive value on Hive. We can do it but a genuine process needs to go into designing a process/system.
https://leofinance.io/threads/@beauty197/re-leothreads-4hoddr
The rewards earned on this comment will go directly to the people ( beauty197 ) sharing the post on LeoThreads,LikeTu,dBuzz.
Yes, you are on point. To keep the thread engaging is the most important thing. There are a lot of link dropping without engagement which needs to be work on, hoping for action the team is working on this so as the goal of releasing thread app won't be a dumping link app.
Great we see Bitcoin crossing 30K hoping for more resistance breaking
I agree, without engagement things dropping
Posted Using LeoFinance Beta
You made point here on the part of link dropping on threads. Users need to read and engage not just drop link and go. Improving daily on threads should be our goal.
The number of monthly users seems a bit low to me. I think it can increase and even by a lot. In 2 years there will be many more
Posted Using LeoFinance Beta