The Chain Reaction just Started around LeoVerse

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From the time I began to understand the concept of Cause-and-effect, I settled with myself that for every outcome/output of my life endeavours, there must have been an action, inaction I may have consciously or unconsciously invested. I stopped trading blames and learnt how to take responsibility for my decisions. The ideology here is that every decision or action would always trigger another (whether favourable or not) and the that outcome would become an input for another outcome and the chain continues.

Pondering on the recent happenings around the web3 environment, cryptocurrency, play to earn gaming sector and the recent AI disruption made me realize the chain reaction that is happening in web3 and Hive.

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Wikipedia defines chain reaction as a sequence of reactions where a reactive product or by-product causes additional reactions to take place. It follows that in a chain reaction, positive feedback leads to a self-amplifying chain of events. Applied to life, we can say a chain reaction is defined as a series of events that are each caused by the previous event. Let's say a pendulum bob rolls off the table and hits on the floor. The sound scares a cat who then jumps and knocks over a glass of water, that's a chain reaction.

From a Unilateral Steem to a Diversified Hive

The end result of a chain reaction may sometimes be favouable. At other times, it may be tragic. Looking back at 2020, we could have thought that the Steem Hostile take over by Justin Sun was a bad event, but, we'll agree that if that didn't happen, the evolution we are seeing in Hive today may not have happen.

The Steem Hostile take over which led to the fork of Hive made communities that ported to Hive to be more intentional towards building a more independent ecosystem within the Hive ecosystem. The fork to Hive catalyzed the metamorphosis of a native and chain-bound SteemLeo to a free LeoFinance which can fit into any chain. Today, we have LeoFinance linked to Ethereum, Binance Smart Chain, Polygon network and more collaborations to come.

The Metamorphosis in the LeoVerse

I can say that the chain reaction just started around the LeoVerse being propelled by Hive as a scalable infrastructure that allows projects built on it to scale, expand, collaborate and innovate. We can look around and see the massive development around Hive-engine, Splinterlands, SpkNetwork, CTP, BRO, etc, among other communities in the Hive ecosystem.

It is a journey that we only can tell its beginning without a glimpse of what the future holds. Specifics on leoFinance would clearly reveal that a community that was only concerned Finance and Crypto related blogging has metamorphosed into an all-content microblogging niche where there are no biases. Indeed, money has no biases. The rich, poor, fair and dark skinned, teacher, pastor, professor, engineer, artist and all other career experts need money. Why should they be prevented from earning the money-linked $LEO token?

Gradually, LeoFinance is moving closer to the realization of its mission which is to make democratizing finance knowledge and making crypto accessible by all in the pals of the hand. The development is getting getting us closer to the everything app status where blogging, microblogging, wallet transactions, gaming, NFTs, and all the possibilities of web3 can be accessed.

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As a social platform where content creators and content consumers meet, the chain reaction effect makes it possible for a user who joined as just a content consumer to broaden into becoming a content creator. On the other hand, all who joined just to socialize are becoming bog crypto investors and enthusiasts. The linkages hold valid and continues to strengthen the cords of decentralization that Hive represents.

We have seen several hacks and crash stories around many crypto projects, but Hive has stood out as an exception since Hive is only a medium where unique communities and niches can build upon and these communities take responsibility for marketing, security of its assets and innovation, as such, no month passes without a NEW thing added to the Hive ecosystem.

How far can this Effect go?

This is just the beginning of the future. I'm learning everyday from projects and they are striking cords of innovation in my inside and perhaps I may think of also creating an added use case for Hive contextualized to my environment and interest niches.

Let's keep an eye on LeoFinance closely and see how things unfold after the 17th of April. The Adotion Challenge will trigger another development in LeoVerse and in Hive and web3 environment generally. Get ready!


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3 comments
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The post was interesting in all. How you capture the concept of chain reaction into the happenings on Hive and leofinance is great. I learnt a lot.

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Amen brother! I joined Hive originally in August 2020, a few months after the hardfork. I had no idea what LeoFinance was back then, and I joined Hive, because I had been forced out of my preferred blogging platform (Tumblr) where I had been a regular content creator from 2010-2017.

LeoFinance has evolved so much since I first joined the ecosystem, and the logical next step is to expand and further develop the DeFi ecosystem focused on $HIVE, $HBD, and $LEO. Cub DeFi is a good first step, but it certainly won't be the last!

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