I logged into Leofinance, and I don't like it.

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I mentioned last week how I thought it was dumb to re-brand leofinance into a "everything app". And I gave it a try earlier this week, and well, yeah, its a twitter clone and will try to be an X clone. I don't get it, I don't see why a microblogging thing needs the added complication of payments, the content that you can create there isn't really worth anything but attention and there isn't enough traffic within the hive ecosystem to bring enough eyeballs for anything legit.

Now, the difference between long form and what the other frontends of Hive lends itself to is much better. There is still the discoverability thing that is a challenge, like I brought up yesterday, but I think that with that part solved there is a potential for a platform that could potentially rival youtube. Now, if there was a way to use HIVE or HBD to pay for a membership portion that wouldn't need outside payment processors then it could challenge pateron, etc.

Hive has had a long time to go that way, so I won't hold my breath. I think during this trying time there will be more scams and such promising quick and easy money that will suck up a lot of the oxygen and the rebrand at leofinance is just one of those things.

There are REAL problems that could be solved with web3, but focusing on the next shiny thing is not that.



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There is room for short-form content on hive. DBuzz proved that. And now we have InLeo and Ecency Waves. There is a market for short-form content, but there will also always be a market for long-form content. I like the idea of a Patreon-like paywall where users can subscribe to premium content from their favorite creators. I'd sign up for that in a heart beat. Maybe some brilliant dev will build another frontend to accommodate that feature.

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