Do you remember SteemLeo launching?

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(Edited)

Authored by @silverstackeruk

Hello LBI'ers. Today I struggle to think about what to write about. I normally have no problems but today im out of ideas. I look through the LeoFinance trending posts for inspiration and see that half the posts in the top 30ish are related to LEO, the rest is a mix of crypto news and sharing information about other crypto projects. What can I write about LeoFinance that has not been written a thousand times already? There are tens of thousands of words in posts out there about Project Blank and we know nothing about it, mostly all repeating the same information over and over. I guess today I will write about Leo and what I remember about it from its beginnings.

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People are so focused on Leofinance's future they forget about its past and how it got here. A great way to see the future is to look into the past they say. I remember the day SteemLeo was launched and it airdropped it's token to PAL token holders. I was more excited about SteemLEO back then because it launched around 2 weeks before I launched my 1st token and the timing for me was perfect. I was launching SPI tokens and a financial/investment tribe had just been launched, this was the perfect tribe/community to target SPI tokens at. Around 2 months after SteemLeo launched, i DM'd Khal for the first time to ask him something and after a short chat, he bought 1000 SPI tokens from me. This was awesome because I remember thinking, ok im shilling an investment token on his frontend and he just bought 1k tokens from me, this is verification he is cool with me playing in his backyard. This is why we thought we would be ok to launch LBI on LeoFinance but none of the Leo team have bought any LBI's tokens so im a little paranoid that they do not approve of the project. With that said, maybe they are unaware it exists.

For those that were around SteemLeo back then, the frontend was much the same as every other tribe, very basic and very clony. With that said, the content was much better as it was all money-related. I remember leo.voter getting started up to dish out big upvotes for people using the steemleo tag and SPinvest soon become on of there biggest delegators by leasing them around 10k SP, a number that does not even register in the top 20 delegators today. User numbers were low and steemLeo dare i say it, was mostly known as a tag to use to earn some free tribe tokens.

Fast forward a few months and the team had started to play around with the frontend, just small things but small things make all the difference and helped make SteemLeo standout. I mean small changes like adding price feeds for LEO, HIVE, BTC & ETH to the homepage. This is nothing really but when users can see these small things happening all the time, more users started to use the Leo frontend because it was just better. Before HIVE was forked, SteemLeo had already gone far and beyond any other tribe in terms of growth. Not so much in users numbers but they had laid the foundations down and were prepared for bigger user numbers. As well as continually upgrading the frontend, they launched LeoDex, LeoPedia and i think attempted a Leostore as well.

HIVE was airdropped, nobody knew what was going on with tribes and the community wanted for Aggroed to release a post explaining what was going to happen. SteemLeo moved from STEEM to HIVE and rebranded as LeoFinance. Since HIVE, LeoFinance has been on fire. New UI, wrapped LEO LP, new reward structure and so many other use cases being added for LEO finally pricing its token price more than HIVE itself.

The difference between Leofinanace and other tribes is Khal and his team. They are continually innovating and adding use cases to the token. They have been smart and planned for the long term and also very transparent with the community. (part from project blank, haha) We know they have great plans for the future and if they play out at half our expectations, the sky is the limit. Think about how many users there are on LeoFinance today and think about if there were 50k daily users. It's 100% possible and even higher as crypto becomes more mainstream, LeoFinance someday could have over 1 million users, that's still a small number in the grand picture of things. I think LeoFinanc still has a lot more potential.

That is a very short snippet of how I remember LeoFinance from it started. Sorry for not many details but im pushed for time and I literally have 13 minutes to produce a thumbnail and upload this post. If we look into Leofinanace from its beginning, its easy to see why it is what it is today and it's easy to see where it is headed :)

Thanks for reading today's post. Where you around when SteemLeo launched? Did you do the dirty and sell your airdrop and now regret it? haha

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30 comments
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I remember the airdrop well as many had sold their Pal tokens and missed out. I think it was a smart move back then to use the Pal stakers as a good guide and surprised other tribes launching didn't use that as a bench mark.

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Yeah, i always wondered why others never used it as an airdrop either. I was lucky and just held my PAL back then, i got a few thousand LEO i remember :)

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I wasn't around when the airdrop happened and SteemLeo was launched. It is an interesting story for me since I haven't really seen it around LeoFiance that much. I do remember @taskmaster4450le saying that LEO hasn't changed much since it's birth.

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Leo has not changed much in the sense that BTC has not changed much from its whitepaper was launched over a decade ago but everything around it has changed.

Leo is pretty much the same but everything around has grown massively.

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(Edited)

Leo is pretty much the same but everything around has grown massively.

Lol, and they'll need to re-write their Whitepaper to suit the present state of the community and token as well as look into the future realities.

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It seems like it's been forever - I 'vaguely' remember steemleo and SPI starting.

I kind of missed the boat on the early beginnings 0f those - my life was kind of hectic around that time.

I did however get lucky and managed to pick up some of the $leo finance token before it actually launched - so I had a little head start( a whopping 200 ) which has been really nice.

And there are a ton of really nice people here that have helped with upvoting me here and there to help keep me going.

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I don't think I got any of the airdropped tokens. I can remember thinking that Steem-Engine tokens were a waste of time and couldn't ne bothered to learn lol.

How did people even get PAL tokens in the first place? Were they airdropped to all STEEM holders? I can't even remember ever having those.

Pretty happy I saw the light after the switch to Hive and started accumulating from then.

Khal's vision for communities being the driving force in onboarding new users to Hive convinced me after listening to one of the early podcasts.


I look through the LeoFinance trending posts for inspiration and see that half the posts in the top 30ish are related to LEO,

This is still an issue though.

If we're truly about onboarding new users, then we need to reward outward facing content about finance, not just preach to the converted about the platform.

New users should instantly be seeing the best finance and markets related content the community produce.

Talking about the platform itself should be a very niche, side part of the content here.

Something I still implore the mega LEO whales to consider when they're dishing out their votes which instantly put that blog into the trending section.

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I agree, the content needs to be more diverse but people will write what they think will get good rewards to a certain point.

As for the LEO whales. This is a problem are all crypto tokens. I feel that our whales are ok, a few use their LEO balance as content but whatever if they've nothing else to write about. The trending page could be fixed with filters but i think this is not an easy task and not really required at the minute with the volume of posts being uploaded. It is 100% easier to get a post in trending on LeoFinanace compared to hive.blog.

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I agree, the content needs to be more diverse but people will write what they think will get good rewards to a certain point.

And the content that earn the big rewards now are the "LEO COntent".

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I think the reason we still see this is that LeoFinance is still at the growing stage and using its trending page to market it products to the outside world. With time and with the creation of the microblogging app, contents from LeoFinance.io would take a whole lot of new face.

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Congratulations @lbi-token! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

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(Edited)

I remember the airdrops, been around LEO ever since. And then you launched SPI and it made sense and I got into that also.

Two of the best decisions I've made in my time in crypto, building a LEO position and getting involved in SPI and now LBI.

And don't worry, I think Khal really likes LBI. Or at a minimum is OK with it.

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Thanks for sharing some history of the chain. I’ve heard a lot about the dark moments but it’s nice to learn about the good and happy moments too. Damn I definitely missed some good times.

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It seems like a decade has passed since SteemLeo was born 😁

Looking back can be a point of reference when you lose your bearings. Hive's HF coincided with an incredible development that grows exponentially! wow!

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Thanks for the history lesson, I was not around at that time.

How long is LBI Token gonna be priced at 1.10 Leo?

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The first airdrop (Pal) was a real test for many. The second (Leo) was even a bigger one. Till then we only had Steem.
I kept both till this very day and learned a lot from those times.

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Seems like a long time ago. Remember hearing about steemleo back then, I missed the airdop as I didn't hold pal. Was not really familiar with second layer token then as I do now.

I do have regret though, as I remember buying 1k leo when it wasn't worth that much, then the pandemic kicked off and the split from steem occured and I sold. I learnt a big lesson, building back up again.

Leo has really come up a long way

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Looking back through the journey is all fun. My interest for SteemLeo then started the day I saw a "Writing contest". So many things happened at the start. I personally had dumped a lot of tokens I thought doesn't have a future. I learnt my lessons through the journey.

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And what is even the timeframe on this again because this all sounds miles away in my brain hahaha..

Wasnt even aware of that they were with steem already there.

Anyway, good to see where they are now~!

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If Leo launched back in early 2018 I was enjoying the steem price action and was ready to see it reach $10 dollars, oh how foolish I was. I have no recollections of Leo launching or it being a thing back in the day. I do remember people going crazy with the hunt tokens - curious if they are around.

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Lol ... we were all foolish at that time. We had probably no clue about how the crypto (bitcoin cylce) works. Today I found an account on Twitter and that he made a video on youtube about "The Parabolic Movement", and how to find it ... it made so much clear for me. Hearing him talk about how everything is related to Bitcoin ... and to see where we are now in the cycle.

But yeah, thinking back to 2018 ... being foolish, yeah ... totally! But ... I can't laugh at you for being foolish, I'm sure I was even more foolish at that time. And maybe still ...

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HIVE was airdropped, nobody knew what was going on with tribes and the community wanted for Aggroed to release a post explaining what was going to happen

Unfortunately, I wasn't patient enough and I sold everything I had on steem. I was afraid of losing it all. It gives to see how things turned around for the Leo community amid so many uncertainties

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i am of the few ones that don't remember it at all. There is a chance that i was inactive during that period though :P

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When the LEO airdrop happened I was just starting to understand what Hive Engine was, and the second level tokens and the few PALs I had on Hive Engine weren't in stake...
LEO is a great story of overcoming problems and growing and I fully agree that LEO is a great project because it has a great team behind it.
Great article
!BEER

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It was my best decision to delegate my SPP to Steemleo first, and after the HF my HP to Leofinance!!!!

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I do remember SteemLeo quite well... I'd gotten that original PAL airdrop and decided to stake it because I had no clue what else to do with it; even bought a few more PAL tokens just to be supportive. Then these LEO tokens suddenly showed up, out of thin air!

Well, SteemLeo (the community) sounded like something that made a lot more SENSE because it was a focused niche, so I staked those, as well. Between this dedicated alt account and my primary account, it's now about 2,000 LEO... valued at considerably more than my HIVE holdings on those same accounts, and I have never powered down!

=^..^=

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