That's true but with only 900 MAU's at the moment it wouldn't take a huge leap to 10x to 10000 users.
With a $5 token price you could see 100,000 in a few years and that is still barely tapping the surface of tribes if you see project blank launch some year in the future.
I'm still hoping that Khal bottles the layout for the tribe and mobile app so that we can all launch an upgraded tribe from leofinance rather than hive engine.
I would gladly pay $1000 for a ready to go v3 tribe that i can customize for sports, movies, cars ect...
You could even tie it more into the leo eco-system if you wanted to with payment in leo or have a lower charge to create one but take 10% of the ad revenue.
Imagine 50 websites that would draw in users, views and content to the hive eco-system but feed money back to the leo token. Now that could get interesting very fast.
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The fun thing is that with every new user, we get new value and new eyeballs which leads into more LeoAds revenue which again feeds back into new users.
It’s a self-fulfilling prophecy.
LeoFinance is a lot bigger than the tribe concept. We’re building a true Web3 ecosystem.
That being said, I could imagine a future where LeoFinance launchpads other communities and allows them to utilize our codebases for social apps, etc. in exchange for something like a LEO Protocol Owned Liquidity owning a large % stake in the entire underlying “tribe” token. Kind of like franchises of the whole and living underneath our second-layer that we will likely launch if no decentralized HE alternative pops up in the near sooniverse
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I had hoped to see H-E expand on their original idea of tribes and keep rolling out the updates to reach the level that you are bringing leo to currently.
Soon means a few years time but i still think that there is huge potential to build out proper tokenized communities and expand on that idea.
It would be cool to see leo take it on at some stage and use the website and mobile app code to branch out in multiple directions. Either for a share of the tokens supply or a share of the ad revenue.
I know that it is only small money compared to the defi sector but as part of a web3 eco-system it could tie in nicely.
Maybe the H-E team will still step up and get the concept moving again in the right direction. Who ever does do it right could make a big difference as it would be a great chance to onboard whole communities to the chain in the right way.
I'll watch this space.
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