Should Hive follow the example of LEO?
Leofinance is booming
For the people that have been on the Leofinance Hive the last year, it is no surprise that the price of LEO has been booming the last weeks. At this moment LEO has passed the value of Hive. And the price will certainly not rest there. The recent price hike is of course the launch of WrappedLeo on the Ethereum blockchain.
But the entire business plan of Leofinance is maybe something that should be looked closely at by the Hive witnesses. LEO is pearl right now, and that didn't come because of luck, the carefull implementation of advertising, and the burning of LEO tokens with the earnings of those ads is a very smart move. Which kept the price very steady for a long time, despite inflation.
Is this something Hive should consider? I think so, one shouldn't always want the invent new things, if you can copy good things from somebody else!
Sincerely,
Pele23
IMO Hive should look at advertising now. Generate income buy hive from exchanges and burn it/and or use it for promoting hive in facebook ads etc.
Yep, I think alike!
I have to say I am not a fan of banners... the LEO bull run is illogical in my view... but people like it apparently.
Well, it’s more than liking, it’s about uniswap and wrapped Leo, etc...
We are working on designing more intelligent badges then LEO has, but we take our time to do this. The 2 tribes has different strategies :)
May I be rude? Why do you bother to reply on something you obviously read, but don’t upvote it?