How We're Onboarding 5,000 MAUs to Hive in 2023
The LeoVerse is ever-expanding. Earlier today, we posted a long-form article talking about our vision for 2023 and our renewed ideas for building LeoFinance.
Our goals are multi-fold:
- Release the new UI from Closed Alpha to Open Alpha and then Production UI
- Begin our plans to onboard more Monthly Active Users (currently 600 MAUs -> 1,000 by end of Q1)
- Scale
In this clip from the AMA, Mitch and I talk about the onboarding problem on Hive. We talk about how Threads solves this and creates a zero-explanation User Experience.
To me, this zero-explanation user experience is the key to onboarding thousands of users.
Combine it with the technology we've already built - LeoInfra - for Hive Lite Account onboarding and we believe we have a magic combination.
This has been over 2 years in development. All of these technologies that LeoFinance has been refining and building. It's finally time to release the Coveted Project Blank and bring 5,000 MAUs to LeoFinance this year.
In This Episode:
- Bear markets are great, price gets out of the way, focus on building
- 45 days til alpha - focus on project blank - microblogging
- Dive deeper = more features
- Turning point to using leo, usage will change
- Tip: users should share long form posts on threads, more visibility = get creative!
- Hive struggles with onboarding, threads solves this
- People are not long form consumers
- The experience curve on hive sucks
- Long form becomes a feature, not the core - onboarding made easier
- 2 years culminate on this UI, then MAU increase
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Our Hive Applications
Join Web3: https://leofinance.io/
Microblog on Hive: https://leofinance.io/threads
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
BSC HBD (bHBD): https://wleo.io/hbd-bsc/
BSC HIVE (bHIVE): https://wleo.io/hive-bsc/
Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io
▶️ 3Speak
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I simply love that you've set realistic milestones for the Leo Finance platform like getting MAUs from 600 to 1,000 which is quite doable with a new UI, some marketing, and the entire community pulling. There is power and value yet to be harvested and unleashed.
Posted Using LeoFinance Beta
Will do our best to contribute in onboarding More people to LeoVerse this Year. Your Plan is Great and we are with you! Let's make it happen. World will recognize true potential and value in this ecosystem.
Honestly, you are making blogging more interesting and easy to. Commenting is fun .
Posted Using LeoFinance Beta
Glad to hear it! I’ve been spending a ton of time on threads
Posted Using LeoFinance Beta
If you truly build something awesome with great content and people to fill it then your MAUs is going to blow these goals away. Remain focused on building a product the vast amount of people want first and the MAUs will come naturally with marketing and people sharing it with each other along with Influence marketing efforts where unique content only gets posted here. Almost like a feature lock if you do bring on content creators. With that it's going to take content creators a lot more work thus you'll be having to pay a little more as well but it's a huge way to get their users on here and interacting as well.
Posted Using LeoFinance Beta
I have been surprised at the engagement on #threads vs posts. I can't imagine what it will be like as it continues to grow!
Posted Using LeoFinance Beta
It’s pretty cool, right? We’re only just beginning. Imagine the engagement numbers when Threads are front and center as the whole entirety of the platform
Posted Using LeoFinance Beta
I'm really enjoying my time on #thread. And just excited about how cool project Blank will be when is finally here.
Posted Using LeoFinance Beta
Love the thinking behind this, makes a lot of sense. If we’re gonna onboard people we have to highlight some simple but quality stuff that people can use right away and see what an upvote does.
We might finally be able to give the people what they want! 🙌🏾