Let me tell you a story... A ~6 mill Market Cap LEO story...

in LeoFinance2 months ago

Have you ever heard of these stories where at some point a token went 50x or 100x and made some people millionaires overnight? Ya I've heard those too...

But... guess what!

LEO is one of these success stories...


Some ~2 years ago, back on Steem, @khaleelkazi and I "met" under the comment section of a post. Long story short we discussed on discord where he let me know about his future plans and the vision he had to build something unique.

It was shortly after PAL was launched and to be absolutely honest with you even though I was a member of the Leo family from the beginning I didn't really think that a Tribe and especially one that would "strictly" target specific audience would have a chance to stand out and become a success.

How shortsighted I was...


2 years down the road and this guy never ceases to amaze me. Not only for all the hard work he has done those the past 2 years, but also for his integrity and finally because he keeps "stretching" his vision.

One would think that building a beautiful site that stands out from every other Tribe and a DEX to support all future tokens that would launch would have been enough, right?

But then he started to implement new features on the website to make users experience even greater. Small touches here and there that were making a huge difference.

And that's the precise moment where people who could see that something great was about to happen the following months should have started investing in LEO. Then, while it was still cheap...like 1 cent or so cheap...

But as we all know this was just the beginning...

After we had no other choice but to fork Steem due to the hostile takeover he and his devs built probably an extremely well functioning and detailed tool (Hivestats.io) to replace probably the most used and necessary tool on Steem ( Steemworld) because his developer chose the other side...

But we are not even half way there...

Because in order to make something truly unique you have to build build build. I mean why on Earth will someone invest in a token, let alone a Tribe token if steps towards the right direction aren't being made?

And that last step was a wise move.

The creation of wLeo along with the smart choice of it being pegged to ETH which is definitely the second most powerful token out there was a check mate.

What he wanted to achieve was to give value to the LEO token and in order to give value to a hidden gem you need to expose it. And what better way that the Uniswap pools that have taken a huge piece of the pie from CEXs.

It didn't take long to reach $500K worth of liquidity on its first attempt since everyone wanted to become Liquidity providers and claim a piece of the (300K if I am not mistaken?)LEO tokens distributed once every month should you be an LP.

A hack on the road wasn't enough to make LEO holders dump their tokens on the internal market since they have proved themselves and they are probably the strongest hands in the entire crypto industry.

A few weeks of patience and a few safety measures later and wLeo was back on Uniswap.

Only this time the timing was also perfect.

ETH started to moon and its price went from ~$750 to $2000+ as of taday. And so did wLeo's price...

And here comes the question. Would LEO be a success if it weren't "listed" on Uniswap? No it wouldn't have been...because internal market and the liquidity an Leodex and Hive Engine is just really small for a beast like LEO.

Onealfa which is a massive investor and believer wouldn't be able to make the big purchases he has made so far if it wasn't for this listing.

Nor the newest whale that popped up from nowhere a few hours ago and swapped 50 ETH for 123K+ wLEO tokens sending the price to new highs -91 cents- would have done that if it wasn't for that pool.

LEO didn't go 100x overnight...but almost 80x within 2 years...which is a sign of continuous effort and development. That's how legit projects grow.

All one had to do was to spend a few thousand dollars on better yet a few thousand liquid HIVE and buy as much LEO tokens as they could...back then...and they would be millionaires already...

But hey...don't be discouraged...nobody saw that coming...nobody but Khal...

If only you knew what's coming next...you'd probably be heading to a beach and start dancing naked...

~ 6 million dollars Market Cap and we are just getting started. And let sink in the limited supply of the token plus all the great projects that will be released the next few weeks...the new tokens that will be airdropped to LP's, LEO holders and those who possess miners, and the impact all the above could have on LEO's price and multiply that x2....

Have a good one people.

Cheers.

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I stopped believing in miracles a long time ago, and then I came across a whole new world with blogging to earn cryptocurrency. It's there that I slowly got some hopes that they still did exist. And nowadays ... my hopes are growing alongside with the development of LEO.

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With the way things are going, I foresee a $20m-$40m market cap this year. There is still a huge chance Leo does a x10 this year with all the new and exciting developments. Leo at less than a dollar is still cheap but not for too long

Big ups to Khal for this great project. He is a visionary.

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Congrats, you were upvoted from this account because you were in Top 25 engagers yesterday on LeoFinance .
You made a total of 15 comments and talked to 12 different authors .
Your rank is 14 .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

Looks like I'm not the only one excited about LEO today. I wrote in my post that I believe a $10 LEO will be achievable by mid summer and you just gave even more reasons on why will that happen.

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$10 LEO by midsummer would be life changing for me. A Californian making life changing money on blogging income and investing with bits and pieces? Yeah - wow.

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Why not?

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I would very much like $10 LEO too and think it will happen.

I believe that too. A matter a fact I had a post about that yesterday.

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Real cool story. Bought 50 more LEOs today and will buy some more tomorrow. :)

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Sweet!

I keep power up everything. Like my early days on Steem...some sort of mania

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I’ve been powering up too - but my upvote stays stagnant. If you see (or write) any articles explaining why that is please point me that way.

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Sure thing. I'll try to make a post about it

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I power everything up, but been picky as I buy in, in different coins in the Hive world!

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Great news and the structure is what pulled me into Leo and get involved.

I always look at projects and see how they structure themselves, if there are plans for marketing how income will be generated etc. Most Leo tribes have followed the same path of focusing on current market. Khal did not, his focus was always external to hive. You can't grow from internal because everyone is fighting over the same pie. You need to grow the pie.

I looked a little deeper as Crypto can have rorters but the more I saw of Khal the more I was a "Khaliever"

Devs from my experience are good people and always focus the product. They spend hours perfecting it and they don't want to see it fail or fault.

Khals continued steady promotion not to go straight live and get all the listings shows he is working towards perfections and maintaining growth and engagement.

My only downfall, I wish I had of seen it sooner.

But I wouldn't be surprised if within two years Leo hits $20. I said a while ago. I am anticipating Leo reaching $AUD2 but I could be wrong. It could be $US2

I just bought 500 Leo over the past few days and trying to shift funds around to get more.

Well done to the team, in creating Leo, they have already mooned Hive. I could never understand the community fracture at the start. I was even witness to some groups attacking Leo.

I voiced up in some in others I sat there reading in silence thinking "OMFG if you can't SEE it, then you're daft"

LEO will compete against FB, Twitter, Insta, Snapchat within 5 - 10 yrs.

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Since the announcement of project blank airdrop I have been selling random H-E tokens that drips into my wallet from the brofund project for leo and powerup! Quite the fun leisure activity eh! 😉

I wonder how many other HE projects will get a nice boost after the airdrop with people buying back their stake.

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That will be quite unpredictable I say! But it's very likely that it won't happen, because I don't see myself powering down LEO to sell and buy something else. But then again, I can't speak for what others will do :))

I don't see myself selling my stake, but I do see myself diversifying with the liquid.

I hope others will too.

I don't think there will be tokens dropped on liquid leo. See video Khal posted the other day.

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Correct, the airdrop is only on powered up Leo and wLEO.

That's a 6 million dollars Market Cap story, and growing!

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For me the discovery of this token was a pleasant surprise, I did not expect my earnings to multiply so much in such a short time thanks to LEO. I think Leofinace is an example for the communities that make life in Hive and even among the portals and applications that are dedicated to social networks. It was a good idea to work from the outside of the Hive community and not from the inside, that's why this LEO token seems to have no limits.

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I love this story, it feels like I made the right choice joining the LEO community. Very happy with how things are going and looking forward to years of further success!

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Good to have you with us bud

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I'm not a whale by any means - probably not even a minnow yet - but I've been 'getting rich slowly'.

I barely remember getting my LEO before before the lauch - i was only able to throw a couple bucks at the time , but since it's been up and running I've been lucky enough to keep stacking.

I've even managed to put some of my profits/stacking into a couple tokens on the leodex.

I can't wait to be a millionaire (LOL - me and wifey barley beat homelessness).

Maybe another year or two and then I can start to use my $LEO for living and start to #buidl too.

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@manunknown, @awakening.soul, check it out.

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As a newcomer, every post I read about LEO history makes me feel even more confident about the future of the project! We have a great team behind it, a community that's constantly growing in size and engagement, and a lot of possibilities to come. The future is bright!

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I couldn't have said it better

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What beach would you recommend champ?

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Hey we've got some badass beaches here in Greece. Close your eyes and pick any :P

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Yeap, almost no one saw that coming, but alas, I have bought my first bag of Leo Tokens, will see what the future holds.
Very bullish on Leo

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Oh I didn’t know the rise last night came from a single investor. Would be interesting to know if it’s just a speculative investor or more than that.
We are truly living in the most exciting crypto times ! And still the 2 Leo projects coming are more exciting to me than all the other coins mooning one after the other.
There’s not a single Leo that I don’t stake every day haha

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Wait - what two projects?

Project blank and ?

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And the DeFi project (LeoFi ?) allowing us to become liquidity provider of wrapped LEO token (but not on ETH blochchain this time) and to lend assets.

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Yes. Thank you for clearing that up.

A man with a mission!

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I am proud to say that I have been part of @leofinance since Day 1. It was a great journey here. I'm also proud to say that LEO was the SCOT Tribe I believed in the most. I was very impressed by the options trading history of @khaleelkazi and believed LEO will be a great community. It feels great to be right. But I should have bought a lot more while I had the chance.

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But I should have bought a lot more while I had the chance.

Apparently we've all made the same mistake

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At least we are early. $100 LEO is a realistic goal IMO. I even mentioned this to @taskmaster4450 I'm not seeing LEO as a finance blog anymore. We will eventually be competing in DeFi space.

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Wow, all thanks to @khaleelkazi. I started my journey not quite long on Leo, I am sticking to it and growing alongside, doing my best to inform my friends about it too

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That 6 million dollars wil grow. Thanks for sharing your LEO story. I am just new in this project so I am still learning the ropes.

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There are some really good articles and some really talented authors round here. As long as you stick around and keep reading and engaging you will be educated and have fun for free!

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I must admit, the leo project is in good hands and those of us that missed out early can only wish the hands of time can be turned back. It is better late than never though..

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You are still early.

We are still so young that anything can easily double, users, writers, commenters, investors, market cap. Etc.

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It always makes me warm and fuzzy hearing the stories of how Leo became a giant. The people involved are incredible and really care about the success of this ecosystem! I'm glad I saw the value in time to get a nice chunk of tokens.

If only you knew what's coming next...you'd probably be heading to a beach and start dancing naked...

What's wrong with that? lol I can be at the beach in minutes!

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I am glad there are people such as yourself with strong hands!

What's wrong with that? lol I can be at the beach in minutes!

Lol. Same here. 3 mins away on foot

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I believe it's just a matter of time. Crypto people are still thinking that they are trapped in Twitter and Telegram though both have many disadvantages.

Project Blank + LEO's debut will be game-changer. I have no doubt about it. Waiting patiently ^^

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Did you notice big potential when you first talked with Khal 2 years ago?

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The potential, YES. Did I believe that we'll get that far? Hell no

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ahh i am sad that i haven't invested back in the 1-3 cents LEO days! LEO not only is successful but also it showed the way to all other tribes in Hive that with hard work and a vision they can achieve the same as well. And i know there are promising communities in Hive, they need to step up their game and follow Leo's example.

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toruk_washere_new3leo.jpg

More info why you see this.

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The creation of wLeo along with the smart choice of it being pegged to ETH which is definitely the second most powerful token out there was a check mate.

Agree. This here was the turning point for LEO. It drew in new blood from other crypto communities.

Nor the newest whale that popped up from nowhere a few hours ago and swapped 50 ETH for 123K+ wLEO tokens sending the price to new highs -91 cents- would have done that if it wasn't for that pool.

One word. WOW.

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Eventually, we'll be a prime example of true decentralization!

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6 million market cap just make me wonder how undervaluated LEO is. I will keep investing on LEO each month. Let’s go for the 10m mark!

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And here comes the question. Would LEO be a success if it weren't "listed" on Uniswap? No it wouldn't have been...because internal market and the liquidity an Leodex and Hive Engine is just really small for a beast like LEO.

Fully agree with you
You have explained Leo's story well and all the choices made so far by Leofinance have been right and successful.
I still bite my hands for not having bought so many LEOs when they were worth a few cents.
!BEER

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I still bite my hands for not having bought so many LEOs when they were worth a few cents.

That makes us two...

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It is crazy to think that this token was just airdropped to me and I read Khal's post where he assured me to hold onto it. I am glad I did. Soon I will be getting an airdrop from an airdrop. Things are looking very good!

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A few days ago I made a post on how many airdops we've received thus far just because we used to hold ...STEEM

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Well if we're getting out own version of Defi on here too, crazy crazy things could happen right?!?

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Insane things...I mean this could be the beginning of something so huge that people will talk for ages. Fingers crossed

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Learn how to earn FREE BEER each day by staking your BEER.

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Down the line 2 years, I see you might be writing the story of 100 million market cap.
It's amazing how a determined individual can create multi million dollar wealth and it is still the beginning.

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100 mill Mark Cap eh? Imagine that.

That should be $14 per LEO?

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In 2 years, Leo supply will also increase so it will be less than $14. In 2 years if Khal maintained this tempo and crypto space also keep getting "Billionaire" endorsement and investment , $14 is really possible and may be we might march ahead.

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