LeoThreads is starting to move ahead in a big way. This is a terrific step for the entire Leofinance ecosystem.
The core of this view simply applies to the Leo Ad Revenue. This was mentioned in the latest Leofinance AMA. Ultimately, the more pageviews that occur, the larger the ad revenue is. We could be seeing this in operation by the end of the year.
How does Leo Ad Revenue work?
There is a smart contract being set up to facilitate the entire process. Ad revenue will come into the smart contract and buy LEO (actually pLEO and bLEO). This will then be distributed to the Leo Power holders. Thus, each month everyone's LP balance will grow.
Of course, the key with ads is pageviews. Here is where LeoThreads is an important component. As we see more people using #threads, the revenue will increase along with it. This means more money going into everyone's LEO wallet.
Welcome to Web 3.0.
Threads Part Of Profile
The last LeoThreads update focused upon performance. That was a big move since it increased the speed light years compared to what it was before.
Now, we get a much added feature.
One of the problems with #threads was seeing what you posted. For example, if you posted one in the morning before going to work, it basically was gone by the time you got home. The idea of sifting through a day's worth of #threads didn't make sense.
There is no reason to do that anymore.
With the update, we simply go to our profile page.
Right next to "Blog" we can see "Threads". Here is where we click to see the ones we created.
One advantage to this is to see the replies. We can simply click on the thread and view what comments were left. This will help engagement a great deal.
The entire update was summarized in this official post by the team.
Combination of Social Media And Finance
Web 3.0 is the evolution of the Internet. We are literally watching the formation of social media and finance.
While they are separate in the Web 2.0 world, this new iteration is combining the two. Thus, each individual benefits from engaging in social media activities. There is a financial aspect that cannot be overlooked.
The description of what is being done with Leofinance and Ad Revenue shows the potential. Simply by utilizing a social media function, one can benefit financially from the increased ad revenue. This is not even counting the proof-of-brain mechanism that can be applied to #threads which are eligible for upvotes.
Building out the decentralized finance (DeFi) aspects to the ecosystem is very wise. Many of us already experienced the "investor's dilemma". This is a long term path that can net a huge return over time. Bear markets are for the builders.
The key to all this is accumulating tokens which then can be leveraged into greater gains in the future. With DeFi, we can see above average returns for a long time.
It all starts with the social media aspect. DeFi is not something separate. It is going to be integrated into most everything we do on the Internet. Leofinance is already starting to show this reality.
If you found this article informative, please give an upvote and rehive.
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Posted Using LeoFinance Beta
