Why InLeo we trust ?
Leofinance.io started and evolved as a crypto and finance related ecosystem.
As a layer 2 platform built over the Hive blockchain it emerged as the goto platform
As of October 9th 2023 Leofinance.io has been rebranded to inleo.io
What does this mean for content creators?
Over a period of time leofinance.io became open to more generic content however its image of a hardcore crypto and financial platform was hard to let go.
While a lot of users look at leofinance.io as being crypto centric however over time leofinance.io is open to all kinds of content.
Created by me using source
The rebranding from leofinance.io to inleo.io is a way to send the signal that the platform welcomes all kinds of content. It is open to any user to come to leofinace.io or the rebranded interface inleo.io and create their content.
The new interface is continuation of the commitment of the team to its users
The team and the community is all about increasing the value and the opportunities it offers to its users as content creators and as consumers of the content that is created and made available on the content.
SocailFi is the current narrative
SocialFi is all about giving financial value to the content created by users on a social network.
This is something that platforms like X are planning to achieve.
However it is leofinance and the underlying hive blockchain that is already doing it.
If we see this in terms of leofinance.io that is now inleo.io then we see that any content that is considered to be valuable gets upvotes.
These upvotes translate into earning in crypto which are played in terms of Leo tokens and Hive/HBD
These leo, Hive, HBD earned impart the financial aspect to the social interactions for the users.
A user who in the role of content creates content. The content is consumed by the community who reads and appreciates it. The appreciation translates to votes.
These votes mean crypto earned by both the content creator as well as those curating the post or giving them upvotes.
The importance of the Leo token
The Leo token has been the native token of leofinance.io and continues to be of inleo.io
Thus by way of owning and staking these leo tokens one gets the voting power or Leo Power.
So more Leo tokens you have staked more is your voting power.
If you are wondering why one would power up leo to give to others then one must look at how the rewards work on leo and the entire hive blockchain.
The upvotes received on any content is split 50-50 between the voter or curator and the content creator.
Thus if you give a vote worth $2 with Leo then $1 comes back to you as a Leo curation reward and $1 goes to the author who has created the post.
This would make you want to buy and stake more leo and that is indeed a great idea and this powering up makes even more sense if you do this on LPUD or the Leo power up day which happens to be on the 15th of every month. Incidentally it is just a few days away do this is a great time to buy some leo tokens for power up
The Leo token is more useful than ever
By up voting a user's post we can express our liking for an idea that the user created content represents.
By owning leo power you can reward the author financially and earn a reward yourself too.
Since the reward is shared 50-50 between the author and the curator thus it is an incentive to both create content as well as curate the content.
Claim your share share of $5000 HBD reward pool
The inleo team is running a campaign to promote Hive the underlying blockchain. With this intent they have organized a zealy campaign which you can join here
💣 Starts: October 9 at 00:01 UTC
🏁 Ends: November 1 at 23:59 UTC
🏆 Prize Distribution: The top 30% of the active leaderboard will receive a share of the rewards.
The campaign is designed with the intent to onboard more users on to hive. With this idea anyone can join the campaign.
The campaign tasks consist of small easy to follow steps that involve web 2.0 platforms like twitter so you would do well to have a functional twitter account.
Another set of tasks require users to be active on threads which is the microblogging platform on the hive blockchain.
Regularity is the key to success on the zealy campaign.
Since the idea of the campaign is mass adoption therefore the tasks are designed in such a way so that they can easily complete them.
Another very important set of tasks which can help you climb the leaderboard would be to invite users onto hive and create an account.
A Pro tip: Using the inleo.io signup page a user can use his existing X or google account to create an account and start his web 3.0 journey.
Final thoughts
The rebranding is a part of an exercise to tell people that their content is valuable and its value can be unlocked if they create and post it using inleo.io
If you are posting on a web 2.0 platform you may get likes from those who appreciate your content.
On the inleo.io platform you can get likes for good content however these likes also earn you crypto which you can invest to grow on the platform or use to convert to a local fiat currency.
Please feel free to use my link to join the Hive Zealy campaign.
Posted Using InLeo Alpha
Wao, this is a good one and I think I should try this out.. Thanks for sharing this info.
glad you found this post useful
Yeah yeah
Congratulations @thetimetravelerz! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
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STOPTo support your work, I also upvoted your post!
Thanks very much sir, for this enlightenment on the community feature. The previous image of the community as a finance base community in terms of making post is still affecting somehow, but with this your enlightenment, I am clear. Please I have a question. Is it only when you make a post and remain in the top 5 leaderboard on threads will qualify you for an up-vote from the term as long as your post has good quality? Are they [ good quality post, be among the top 5 and making a threadstorm on that post] the only way to have an up-vote from the term? Because sometimes, I end up in at the top 5, making a threadstorm, quality maybe 8/10 in my own evaluation, but my threadstorm never reflect on the leaderboard till the down of the day. Some things I will be tempted to think maybe it's a system error from the thread section 🤔🤔🤔.
I could remember that you advice me to be using the leofinance URL of which I used in my previous threadstorm but I know what really happened at the end, because it was as if I didn't make a threadstorm and I tried as much as possible to remain on the top 5 leaderboard on threads for that day.
Thanks very much sir, I really appreciate.
Being curated depends upon the quality of the post .
The topic of the post, its relevance and presentation matter. Yes if you are active on threads it is a plus too.
Having a outreach threadstorm matters too for a good post to be considered for curation.
Thanks very much @thetimetravelerz I reallyappreciate you sir..
This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited.