Why LeoGlossary Is Crucial To LBI

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It comes as no surprise to anyone who is follow the @lbi-token project that it is one of the largest token holders (LEO) on Leofinance. Obviously, during the bear, the value took a major hit along with most other things in cryptocurrency.

That does not mean all is lost. LBI is a project for those with long term vision. The goal is to generate a minimum 20% return (APR) each year. This is something that we feel is viable using some smart tactics that include activity.

Nevertheless, there is no way to guarantee the movements of the markets. They operate according to their own whims. Fortunately, we know the bull will return at some point.

Thus, we can be confident in the long term viability of LBI. Our commitment to the Leofinance project was clearly stated from the start. The development that is taking place only adds to the optimism.

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What Is LeoGlossary?

This is a new project that utilizes Hive as a decentralized database. The idea is to great a resource center containing terms and concepts associated with the focus of Leofinance. Naturally, this is crypto, finance, and investing. We are also seeing terms added related to business along with accounting.

The purpose of this, in addition to being an information/education source, is to provide the Leofinance community with an easy way to optimize the content. Ranking in the search engines is crucial for organic traffic. Thus far, Leofinance has not done a great job.

LeoGlossary is focused upon building internal links. Each definition or explanation is packed full of terms that are also linked. This is following the model of Wikipedia and Investopedia. Both of those sites have enormous amount of internal links. Each page is tied to other pages on their application. LeoGlossary aims to do the same things for Leofinance.

How this is accomplished is with the Main Menu. This is a honey pot of ready make links for people. One simply clicks on a term, copies the URL of the page that opens, and links to the article being written. As we can see here, there are about 15 links already, most going to LeoGlossary content.

The ultimate goal is to get these webpages ranking for some keywords just like Wikipedia and Investopedia do. It is helping to make Leofinance an area of "expertise".

How Does This Help LBI?

We know the network effort is crucial in the value of platforms on the Internet. Without that, sites have little use.

Since we are dealing with Web 3.0 here, and there is the tokenization component, we all have stake in Leofinance. This means the better the platform does, the more we are able to benefit financially.

Online, eyeball mean money. There is no way around this. One of the proven models is advertising.

We know it was some time but there are plans to take the advertising revenue and filter that to Leo Power holders. This is a boost to anyone holding the token.

Of course, as stated at the onset, LBI is one of the largest LEO holders.

Whatever the number of monthly clicks that Leofinance gets, what if we are able to 10x? Certainly that would lift the advertising revenue by a couple orders of magnitude.

Naturally, in addition to a steady income, LBI would like to enjoy the appreciation that comes from the speculation on the token. In other words, we like to benefit from it going up in value.

Again, in the ""attention" economy, this means more eyeballs, which equate to greater financial results.

LeoGlossary is being designed to aid in the organic traffic that is pushed to Leofinance.

After all, every one HODLing LBI have a vested interest in what is taking place.

Article by @taskmaster4450le

Posted Using LeoFinance Beta



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4 comments
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Very interesting. I hadn't heard of this before now. I am going to have to dig into it a bit deeper. Thanks for sharing!

Posted Using LeoFinance Beta

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I just checked out the Leoglossary now. It is shaping up to be a great resource. When I hear crypto heads talking I sometimes get lost in acronyms and abbreviations. Great to have a place to learn the lingo.

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Anything we can do to drive more Google traffic to leofinance.io is helping LBI.

Keep up the great work!

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I think it's a great project and it can definitely help in attracting people from search engines. Just wondering, how many terms do you plan on making?

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