Leothreads. Time to change the game on Hive.

3d
LeoFinance
4 Min Read
886 words



This is what I'm talking about.





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The latest offering from the @leofinance team is about to turn the blockchain on it's head.

First we had the original hardfork.

Then splinterlands rode the playtoearn wave to the top of the charts.

Now Leofinance is going to lead the charge for tokenized social media.

Hive is a leader in crypto innovation and has been since the early days.

So many ideas were formed on this chain that are being used across all blockchain now. Some of which have been done the right way and leofinance is one of them.



Threads - Twitter on the blockchain.



Since I have joined Hive five years ago there has always been this big debate about quality content.

With this latest development that all goes out the door. Leofinance have built their new threads feature in such a way that it wont effect your main hive blog but that you will still get all of the benefits from being on the hive blockchain.

I have only seen glimpses of threads myself until they launch tomorrow but so far it looks like something that is going to change how we operate on Leo and Hive.

A quick overview on how they will work.


From @leogrowth,


  • Threads don't trigger autovotes, you can post as many OP threads and reply to anything without worrying about the reward police.

  • There is no time limit between posts, you can literally post a new thread as fast as you can, there’s no minimum time between threads (unlike hive posts for example)

  • Threads increase the Leo ad revenue which will be used to buy back Leo.

  • You can post images, markdown, and embed links on thread comments

  • People can vote on threads the same way they can vote on top-level posts on Leo/Hive

  • It's Twitter but on steroids: Engraved on a blockchain, immutable, no thought police, no censorship, no hard feelings.

  • Microblogging on chain, 240 characters.

  • No post limit

  • Costs RCs to post, the more you post, the more you need RCs, this increases the need for Hive Power, this encourages people to buy Hive and power it up.

  • Puts the blockchain to the test by testing scalability in the future.



This opens up a whole lot of new possibilities.



We already know about the upcoming Ad revenue scheme from Leo that will buy back and distribute tokens to the community. This is currently working from a budget of $4K which is nothing to be sniffed at but what happens to the token price if we are looking at $40K per month instead?

Is that even feasible?



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I don't know what the exact number is but I would like think we will see it double in the near future.

From there. Who knows?

Somebody who does usually have a good guess at these matters is @taskmaster4450 with his post on On how threads will make money for Leo holders.

Threads is the first step in what many believe will eventually be the "Killer App" in cryptocurrency.
For this reason, $LEO is going to skyrocket. This is not financial advice but the sensible conclusion.
For those who are not paying attention, what happens if the yearly ad revenue gets to a couple hundred thousand dollars? That is not a huge amount when you think about it. According to what was put out there, the ad revenue is already sitting around $3K-$4K per month. Threads can certainly pull in a 3x-4x based upon what we already saw.
Of course, all of this feeds into the rest of the Leo ecosystem.
What does the buying of a couple hundred thousands dollars do to the price of $LEO?



Threads launch tomorrow.



I hope that your ready for this bold new world.

The whole game is going to change in one day That was 18 months in the making.

I've spent years talking about the need to bring ad revenue into our eco-system and what it will do for the apps that can make the most of their content.

From @bitcoinflood,

Ad revenue has built multi billion dollar companies your youtube, facebook, twitter, tiktok and so on. There's no reason why this can't also be applied to blockchain based companies and LEO is showing us the true potential!

Leofinance are about to do just that while multiplying their page views and community engagement in one go.

This is what i have been waiting to see for years and the reason that I have been filling my LEO bags every single week.

Khal wants to see 20K threads on day 1.



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I'm good for at least 100 by myself and I would be surprised if taskmaster can't do ten times that by breakfast.

I hope that everybody is ready for what comes next because we only go up from here.

Now we just need to get excited about Threads and when they launch tomorrow hit them hard.

Hit them hard and then tell everybody outside of Hive how amazing they are.

We are getting closer and closer to bringing in big numbers through our apps and this is the next big thing.

Posted Using LeoFinance Beta


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LeoThreads are going to be crazy!

I expect super high onboarding with the launch of it!

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I don't think that it will change much with V1 but give it another 6 months and a lot of improvements and we should see a lot more interest.

Very exciting stuff.

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Great to see leofinance always looking for new ways to increase revenue and sharing some with the users!
I will be all over threads tomorrow!

Posted Using LeoFinance Beta

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That's the best part.

The more that we use this new feature, the more that our accounts will be worth.

What's not to love.

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My prediction is that price of Leo will start dropping.

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Really.
What would drive the price down in your opinion if we get more buying pressure on the token from its ad revenue?

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Unfortunately, it's a usual pattern with all Leo projects.
A couple of announcements and soon's. Then, big expectations and excitement. And finally, after some delays and launch, the price starts dropping.

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I get that from their foray's into the world of defi which as an industry has a poor history at best.

This however is a solid business plan with real revenue.

The same type of plan that works so well across all major social media sites so I think that it should make a big difference.

I could be wrong but with threads and project blank on the way they are finally delivering on some of those "Soon."

It's not there yet and will take at least another year to smooth out the looks but for me it's great progress.

Hopefully this is how it plays out.

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Lol, 100 hé! I am curious how this going to turn out! Pretty interesting stuff

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Well, sure, I’ll post some drivel!

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You always do.

Now you can post it even faster. :D

Posted Using LeoFinance Beta

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Everyone should be getting excited about what this is going to do for leofinance and Hive in general.

The amount of users we can onboard over the next year as the application fully rolls out will be amazing.

Hopefully we can have over 50K users on Hive a year from now.

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This is to fracking exciting. What time UTC does it launch?

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This will boost the Leo ad revenue massively. I can't wait to thread that shit of there

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It should double the ad revenue over the next couple of months hopefully.

If people keep using the threads the way that they are today.

That will buy up a lot of hive.

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It's very exciting.

And I've done a horrible job of keeping it with things...

Is this 'non officially' Project Blank? And the name will be Threads and it'll be a stand alone app down the road...Or is this a feature of Leo's front end?

Posted Using LeoFinance Beta

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Is this 'non officially' Project Blank?

This is the foundation for project blank.

Once they improve on this system it will be used as the base layer of project blank and operate in a similar way.

It will be stand alone when the time comes but probably 6-12 months before we see anything more.

Posted Using LeoFinance Beta

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I'm keen to see how Twitter displays content written via Threads.

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Needs a bit more work on that side. The display on twitter isn't great so far.

And it's losing some text when you post.

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I am looking forward to it but I wonder if the threads will be considered comments we are making or will they have their own separate intereface?

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Truly exciting times. I have been waiting for this. Keen to see it in action!

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