LeoFinance inches Closer To X 'Everything App' Ambitions ahead of Twitter

avatar
(Edited)

image.png

Social Media is Revolutionalizing

It is official that Elon Musk is taking steps towards adding more value to Twitter. Today, Forbes has reported that Twitter under its new ownership has successfully changed its incorporated name to "X Corp" to accommodate Elon Musk’s long-envisioned everything app that seeks to profer services and products far past social media.

Twitter Inc. “no longer exists” and the company is now a part of X Corp., according to an April 4 filing in California federal court.

Earlier today, Musk tweeted “X” in line with the new filing for the change of Twitter Inc.'s name. It is obvious that the is going to be a massive revolution in the social media and microblogging front of internet usage.

image.png

Moments ago, Mark Zukerberg of Facebook has announced that soon the local businesses in Brazil would start sending and receiving payment via WhatsApp.

People in Brazil will be able to pay local businesses right in a WhatsApp chat. We'll be rolling this feature out to more businesses in the coming months. source

This latest Facebook move is not different from Musk's push to become the biggest financial institution in the world via his social media app while transforming Twitter/X into a wide-ranging service akin to China’s WeChat.

image.png

LeoFinance has been Ahead: X 'Everything App' features are here

While they are just waking into this reality, LeoFinance has been ahead with Project Blank, presently iterated as Leothreads. From just a finance and crypto blogging interface, LeoFinance has metamorphosed into and all-inclusive microblogging platform for everything and everyone. We have had series of updates and improvements on project Blank from February 14 todate. Major of such include:

image.png

With the activation of wallets on Project Blank, it means that the peer to per transaction feature that Facebook and Twitter are pushing for is already live and working on Project Blank.

May 1 would mark a great date in the evolution of LeoFinance as the new Project Blank scalable code would be put to full production on https://leofinance.io/.

It is beautiful to note that already. all of the possibilities of Twitter is already on LeoFinance but Twitter need to learn from LeoFinance how to integrate some of the features that would help its advancement into "X app" phase. Below is the comparison of the possibilities of Twitter and LeoFinance.

PlatformTwitterLeoFinance
Name:Now "X Inc"Now "Project Blank"
Data sharing:Web 2Web 3
Function:Social mediaSocial media
Major product:MicrobloggingMicroblogging
Revenue Model:Ads revenueAds revenue
User VOice:PollingPolling
Financials:No WalletWallet
Smart Finance:No peer to peer txnPeer to Peer Txn

We are still in the early stages of the development of Project Blank. We are deeply anticipating NFTs, gaming, and crypto lending features among others. This time, a web3 project is not trying to model after a web2, but rather, web3 is ahead and web2 would have to learn.

Final Words

I am excited to see that LeoFinance has been into the future and has created Project Blank which is a very relevant development in the social media and microblogging industry. Pushing forward to hit the Monthly active Users (MAUs) target of 2,000 by the end of Q2, 2023 and 5,000 by the end of the year looks more real than ever.

It is very clear that the projects building on Hive blockchain are future minded and are solutions to the dire need in the social media industry. The advantage we have is the full web3 functionalities of Hive which can only make these strides better.


image.png

If you found the article interesting or helpful, please hit the upvote button, share for visibility to other hive friends to see. More importantly, drop a comment beneath. Thank you!

What is LeoFinance?

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.



Let's Connect

Hive: https://leofinance.io/@uyobong
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966


Posted Using LeoFinance Beta



0
0
0.000
7 comments
avatar

Nice recap! Can’t wait to have an app to use LeoThreads 😅

0
0
0.000
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

0
0
0.000
avatar

Very interesting. Now I will investigate a little more about this Project Blank. Thanks

0
0
0.000