Threadcast link:
https://inleo.io/threads/view/khaleelkazi/re-leothreads-2xtpn9uju
Link to recording:
https://x.com/khalkaz/status/1846221328719773978
Speakers
@khaleelkazi @anomadsoul @scaredycatguide
DISCLAIMER: The following has been generated by AI (Claude-3.5) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project
Crypto Market Volatility and Opportunities
The episode began with a discussion about the recent volatility in the crypto markets. Khall noted that he woke up to see Bitcoin at $68K, but it had since dropped down to around $65K before climbing back up to $66.5K. The hosts speculated that this volatility could be due to market manipulation, with someone trying to liquidate as many positions as possible before a potential rip to the upside.
Khal shared that he has been converting a significant portion of his Bitcoin holdings into Ethereum, taking advantage of the volatility. He has been setting limit orders to sell Bitcoin above the market price, and then using the proceeds to buy Ethereum below the current market rate. This strategy has allowed him to accumulate more Ethereum while the ETH/BTC ratio remains low, in anticipation of Ethereum potentially outperforming Bitcoin in the next market cycle.
The Importance of Creator Subscriptions
The discussion then shifted to the recently launched creator subscription feature on the InLeo platform. Khal emphasized that this is a key initiative to provide more earning opportunities for small to medium-sized creators, who are often underserved on other social media platforms.
The subscription model allows creators to earn recurring monthly revenue from their audience, rather than relying solely on the volatile rewards from the platform's token economy. Khal explained that this helps creators build a sustainable business model and focus on long-term content creation, rather than just chasing short-term rewards.
Additionally, the subscription feature integrates with InLeo's tokenization capabilities, allowing creators to be paid directly in crypto. Khal noted that this provides several benefits over traditional fiat-based subscription models, including faster payouts, lower fees, and more jurisdictional flexibility.
Upcoming InLeo Developments
Khal then provided an overview of InLeo's roadmap for the rest of October. The team will be focused on bug fixes and improvements to the Threads API to increase scalability in preparation for a potential influx of new users.
A key initiative is the integration with the Dash ecosystem, which Khal believes could bring thousands of new users to InLeo. The plan is to create a "re-skinned" version of the InLeo platform that is tailored specifically for Dash users, allowing them to seamlessly use their Dash wallets for login, payments, and payouts.
This integration will leverage InLeo's LeoDex technology to enable cross-chain functionality, allowing Dash users to pay for subscriptions and other services in Dash, while the creators still receive their payouts in Hive-based tokens like HBD. Khal sees this as a way to bring new capital into the Hive ecosystem, creating a "two-way street" of value flow.
Additionally, Khal discussed plans to potentially expand this re-skinning approach to other blockchain ecosystems in the future, allowing InLeo to onboard users from a variety of crypto communities while maintaining a consistent platform experience.
The Power of Subscriptions and Network effects
The hosts emphasized the power of the subscription model in building a sustainable creator economy. Khal shared his plans to potentially offer exclusive content, such as a book, through his creator subscription, noting that the subscription feature provides motivation and accountability to consistently produce content for his subscribers.
Khal reiterated that the subscription model is a key part of InLeo's strategy to drive user growth and platform engagement. By making it easy for creators to earn recurring revenue, InLeo aims to attract more users and build a thriving community, which in turn will increase the value of the LEO token through network effects and increased platform activity.
Overall, the episode highlighted InLeo's focus on empowering creators, leveraging cross-chain integrations, and building a sustainable crypto-powered social media ecosystem.
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Posted Using InLeo Alpha