Web3 Incentivizes
Let’s be honest do we shill those social media task, expecting zero rewards for the fun of it or we are in for the incentives, rewards that comes with those task. Web3, cryptocurrency and blockchain technology came with a lot of rewards for actively performance on the chain or on socials. Taking a further look into subject matter, sighting examples from the just concluded Leo Campaign post the everything application launch we could see how buzzing the platform was that it’s crash couple of times due to the activity performed on the site.
So in a nutshell is incentives or rewards a critical ingredient to the success of any cryptocurrency related project? Well for me I would say some allowances should be given looking at projects like Sui, which has crashed more than 50% since launch from trading at a $1+ to struggling slightly above $0.5. Well we shouldn’t leverage only on incentives alone, continuous building helps in sustainability of the project block which is tied to having an active community.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
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 eusers and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this article.
Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura
Posted Using LeoFinance Alpha