WLEO Has been Listed on CoinMarketCap | Does This Benefit LEO Stakeholders?

in LeoFinance9 months ago

WLEO Has been Listed on CoinMarketCap  Does This Benefit LEO Stakeholders?.png

Wrapped LEO has grown faster than our wildest expectations. The roadmap for launching WLEO and expanding our community had always included listings like Coingecko, CoinMarketCap, external exchanges, DeFi communities, etc. but we expected it to take quite a bit longer.

Yesterday we announced that CoinGecko, CoinPaprika, Blockfolio and a few other crypto data aggregation sites/apps listed WLEO. Today, CoinMarketCap has officially listed WLEO.

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https://coinmarketcap.com/currencies/wrapped-leo/

Does Any of This Have a Tangible Impact on LeoFinance's Fundamental Growth?

In other words, are these just vanity listings? Or do these have some measurable impact on the fundamental data points that we use to track the growth of the LeoFinance platform?

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LeoFinance.io Traffic: 7-28-2020 - 9/28/2020

One of the main data points for LeoFinance is traffic to our website. This includes not only our core user base of authors and curators but also the outside world of readers and viewers who find our site via google searches, Twitter, Reddit and other social media sites where leofinance.io post links are shared.

Up until this point, we've always shown a consistent growth trend. Slow and steady.

Since the release of WLEO, that growth trend has accelerated beyond our wildest expectations. In the above chart (please ignore 9/27/20 data - we switched our website from condenser to the new https://leofinance.io interface we built which caused downtime for the traffic analytics), you'll see that the growth has spiked incredibly.

Our average page views per day were about 2,800 before WLEO launched. Since the launch (last Wednesday), we've seen consistent numbers above 3,400 page views per day (about a 20-25% growth in traffic).

Since our listing on Coingecko yesterday, we've seen an explosion in page views. Yesterday we reached an all-time high for page views: bringing in 7,200 page views in a single day (157% growth over pre-WLEO days).

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LeoFinance.io Traffic: 9/28/2020

As you can see, Coingecko reached the #2 spot for daily referrals to the site in just the first day we were listed.

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LeoFinance.io Traffic: 9/29/2020 (Current Day)

Today's traffic is already showing CoinMarketCap as bringing in more traffic than Coingecko. It will be interesting to see how these referral sources play out but from what we can tell on most other crypto sites - CMC, Coingecko and other major aggregation sites tend to be one of the top sources of consistent daily traffic.

We're emailing the CMC and Coingecko teams to update our tokenomic stats so they properly display our Market Cap and Circulating Supply. It's a common practice for them to first list a token and then receive more details to update the listing afterwards.

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LeoFinance.io Alexa Ranking

The fun doesn't stop there, our Alexa rank has also climbed significantly in the past few months. You can see our continual growth up until the announcement of WLEO (9/1/20). On that day, we saw a major increase in web traffic and that increase has continued. We'll likely start seeing the impacts of Coingecko and CMC linking to our website in the coming days/weeks.

Does This Have Any Impact on LEO Stakeholders?

So now you've been updated on the traffic. As a social media platform where attention is everything, these are great metrics to follow. You want to see a continual rise in web traffic and you want to see new and better sources of authoritative links - i.e. CMC/Coingecko and other high-ranking sites linking back to leofinance.io - that's great, but how does it impact LEO stakeholders?

Outside of simply growing the audience and reach of our platform, we have an ad revenue program where ad revenue is generated in the form of FIAT/Bitcoin and is converted into HIVE and then that HIVE is used to buy LEO off the LeoDex market and send it to @null (burned permanently from the token supply).

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Our Landing Page Describes the Tokenized Attention Model

Attention comes in a lot of forms and from a lot of different sources. Our core user base generates the vast majority of page views, but we're starting to see a lot of new traffic come in from these external sites. This greatly boosts the ranking and authority of leofinance.io and impacts the self-repeating cycle of more authority = more traffic = more authority.

Our core user base (people making content/curating content on https://leofinance.io) has seen a major increase as well from the high LEO token price. This not only leads to short-term gains in LeoAd revenue, but it also leads to long-term gains in terms of more canonical content that originates from our site and ranks on Google and other search engines.


Things are heating up for LEO / WLEO on all fronts. We're working on an exciting integration for the https://leofinance.io interface and the recent listings on Coingecko, CMC, etc. have led to an explosion of my DM inbox. I'm getting contacted by exchanges and crypto communities left and right asking questions and offering various "marketing packages" to our platform.

Most of this is nonsense and not worth pursuing, but there are occasional nuggets here and there. A top 25 Centralized Exchange recently contacted us about listing WLEO (yes, I verified them via Twitter DMs). While we may choose our first CEX listing to be a different exchange, I think people are starting to see the potential of what we've built here. And we're just getting started.

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7200 page views since the listing of coingecko is huge, finally coinmarketcap follows it's thrilling to see the growth is escalating at an unbelievable rate, this is just the beginning. It's if course beneficial to every stake holder this is because with time, the value of wleo will systematically skyrocket driving price to a really awesome level. Well done guys wow

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Great overview of why these listings are so much more than just vanity listings.

Love your work guys, keep pushing. Binance next? ;)

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Its only the beginning!

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This post has been manually curated by @steemflow from Indiaunited community. Join us on our Discord Server.

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Read our latest announcement post to get more information.

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Please contribute to the community by upvoting this comment and posts made by @indiaunited.

Things are shaping up nicely for the leo community. Personally, i have been using the site more for content creation and comments as i find a handful of readable and insightful contents here. We should maintain this momentum.

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Every day more and more good news. But I want even more 😃

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Do not miss the last post from @hivebuzz:

Hive Power Up Day - Introducing the Power Up Helper!
Hive Power Up Day - Let's grow together!

Congrats on the increase in views. We are heading in the right direction, let's keep up the pace.

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Congrats. Exciting times ahead.

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This is going so fast that it is looking like dream to me.
I am viewing leofinance now overtaking splinterlands (may be neck to neck) in near future in number of distinct users.

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Learn to sell. Learn to build. If you can do both, you will be unstoppable.

Go LEO

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Dang the building blocks are falling into place nicely are we just watching LEO come of age

Damn!

A part of me suspected it was going to move this fast. Won't be surprised if we get listing in a top 10 exchange real soon.

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If the price of wleo shoots, then so will the price of Leo in leodex ? I have just joined the party and trying to explore. I even wanted to understand how delegating hive would let me earn leo, and yet to get an answer to my post.

If the price of wleo shoots, then so will the price of Leo in leodex ?

it should as people will arbitrage but this is currently still a manual process

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This is trending quite well to see #leo and #wleo has a place outside #hive blockchain.
This community will grow to a point where other communities might follow this route.
I am thrilled to see an idea will grow where the future is getting brighter everyday.

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This is crazy, congrats on the success.

test

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Things are getting better and better for Leo Community with each day that passes. Let's keep the momentum going! :D

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Those are some impressive numbers. You guys are really putting Hive on the map. Thanks for all the work & making my LEO stake worth more :)

So much time out of crypto and some great things happening. Better catch up fast and go with the wave. Good to see the leo community thriving

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I think this is another step in the right direction.

Well done, LEO team.

that good now i can add it in my coinmarketcap bookmark list and get a quick price update

. nice.....👍👍👍

Does it make sense to start as well being listed on things like "https://dappradar.com/rankings/protocol/hive" and other similar?

Would greatly increase exposure for other blockchains at least.

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