RE: My thoughts on Polycub and why I'm just observing

Hi @bala41288

I think your asking good questions.
I think in light of the launch of wLEO on Ethereum, the subsequent launch of bLEO on Binance, and now with the launch of pLEO on Polygon it’s a very good time to ask Why three tokens?

I think your observation that Leofinance now has three tokens, each with a value of 25-30 cents is correct. So your question of what is Khal doing to increase the value of your tokens is an important one also.

I would like to propose an answer to your question:

If you read the so called experts on cryptocurrency valuation they usually say cryptocurrency tokens are valued based on three things:

• Community
• Developer Activity
• Utility

Community; Leofinance is one of the largest communities on Hive, and it’s members are loyal, enthusiastic and involved in each project.

Developer Activity: Leofinance started with a small developer team, and has grown to be a big team. This has resulted in a large amount of activity with several new projects; onboarding webpages, onboarding tools, web page functionality revisions, and several new projects.

Utility: while Leo token began life as a social media project reward token, it has evolved into an key part of an important use case for the Leo token called Leobridge.

I think that the Leofinance project has all three of these important factors usually used to indicate value. But number three deserves more explanation as it goes to the heart of the answer to your question.

I think the three tokens are part of Khals vision for Leofinance to reach out beyond the Hive blockchain, and create a big community on multiple blockchains, using a a token with a unique utility, that utility is to provide trustless transfers of value between blockchains.

I think it’s fair to ask why that’s important?

First,
I think DeFi has taken the financial technical nexus by storm. There are many people making generous amounts of money in DeFi, but DeFi has a fundamental problem of transferring value across blockchains to allow investors to move their capitol safely from one blockchain to another where the financial opportunities are better.

Khal is proposing to provide a solution to this very prevalent problem. It is one of the complexities of cryptocurrency. The solutions are bridges, and bridges are complex, prone to manipulation, hack and expensive.

Khal proposes a trustless, solution to moving capitol between Ethereum, Binance, Polygon and Hive. This is a big project, and in time it will also include Thorchain, Avalanche, and other EVM blockchains with DeFi investment opportunities.

This means that the utility of your coins is providing a medium of exchange, moving value between these blockchains. This utility and some scarcity of a small market cap coin, should increase the value.

Earnings

Second, I look at Cub and PolyCub and notice that the Cub Air drop, free money, was based on investors holding Leo. And the air drop of PolyCub, once again free money, was based on holding Cub.

Third, Khal has stated that future tokens on Avalanche and other blockchains will also provide air drops, or free money, to Cub holders.

Fourth, Cubfinance and now PolyCub has given Leofinance community members the opportunity to make money due to early access to high APR investments.

The opportunity

I think we have had a wonderful opportunity to create multiple streams of income by being active here on Leofinance and Hive.

I hope this answers your questions.

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