Threadcast link:
https://inleo.io/threads/view/taskmaster4450/re-leothreads-e4nsxjhn
Link to recording:
https://x.com/taskmaster4450/status/1875192933131157616
Speakers
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Expanding the Leo Ecosystem: Unlocking New Possibilities
The latest episode of the Lion's Den delved into the exciting developments within the Leo ecosystem, showcasing how the platform is positioning itself as a leading contender in the Hive community. The discussion centered around several key pillars, including LeoDex, LeoMerchant, the vector database, AI agents, and the overarching concept of communal ownership.
LeoDex and LeoMerchant: Powering Commerce on Hive
One of the major announcements covered was the introduction of LeoMerchant, a payment rail for commerce on the Hive blockchain. The hosts emphasized that commercial applications on Hive have been largely non-existent, with limited options for buying and selling. LeoMerchant aims to change this by allowing payments in a variety of cryptocurrencies, not just Hive's native tokens. This integration with LeoDex, Leo's decentralized exchange, opens up new possibilities for merchants and customers alike, potentially enabling the creation of an "Amazon-like" platform within the Hive ecosystem.
The Vector Database and LeoAI: Unlocking the Power of Data
The discussion then shifted to the importance of the vector database, a key component of the Leo ecosystem. Unlike the Hive blockchain, which primarily stores raw, unstructured data, the vector database provides a structured and indexed repository of information. This allows LeoAI, Leo's artificial intelligence model, to efficiently process and contextualize the data, enabling features such as real-time recommendations, summaries, and search capabilities.
The hosts emphasized the significance of the vector database, noting that it sets Leo apart from other platforms that rely solely on text-based data. By incorporating metadata, upvotes, and other on-chain activities, LeoAI can provide more comprehensive and accurate responses, reducing the risk of "hallucinations" that plague some AI models.
AI Agents and Communal Ownership: Shaping the Future
The conversation then delved into the potential of AI agents within the Leo ecosystem. The hosts discussed the possibility of autonomous, revenue-generating AI agents that could contribute to the Leo economy by purchasing and locking Leo tokens in the permanent liquidity pool. This concept of communal ownership, where the value of the platform directly benefits token holders, was presented as a potential solution to the challenges posed by technological unemployment.
The hosts argued that communal ownership, as embodied by the Leo token, provides a compelling incentive to use LeoAI and other Leo services, as the more valuable the platform becomes, the more valuable the token holdings become for users. This contrasts with the traditional model of centralized tech giants, where users have no direct ownership stake in the platforms they use.
The Road Ahead: Continuous Expansion and Refinement
Throughout the discussion, the hosts emphasized the importance of continuously expanding the Leo ecosystem, with a focus on building out the vector database and refining the LeoAI model. They acknowledged the challenges of predicting timelines for AI development, drawing parallels to the struggles faced by industry giants like Elon Musk and OpenAI in meeting their own deadlines.
The episode concluded with the hosts outlining their projections for the future value of the Leo token, with Khal providing a three-to-five-year target of a $100 million market capitalization, or approximately $4 per token. While acknowledging the difficulty of long-term forecasting, the hosts expressed confidence in Leo's ability to continue its steady growth and solidify its position as a leading player in the Hive community.
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