Is LEO Turning Into a Holding Company? | Vision for 2021 and Beyond

in LeoFinance4 months ago

Is LEO Turning Into a Holding Company?.png

Just a week ago, I saw this conversation which urged Elon Musk to create a new company called "Company X" which would act as a holding company for all of his amazing projects:

  1. Tesla
  2. SpaceX
  3. The Boring Company
  4. Neuralink
  5. ....

Funnily enough, Elon already owns the "x.com" domain that was originally used for PayPal before it became PayPal. I think it would be interesting if Elon did this and brought all of his projects under a single holding company. There are a number of benefits to this and Google is famous for having done a similar move with the formation of Alphabet.

With LeoFinance, we are obviously not a company nor are we a public company (nor do we have billions of dollars in revenue). All that aside, it's interesting to imagine what LeoFinance can become in the future as we continue to develop our core projects and expand into new areas.

Since today is New Year's Eve, I'm feel particularly reflective on what we're aiming to achieve in 2021. I've also spent the last 2-4 weeks working on something big for the Leo community. Not a project (although, we're working on plenty of those too), but a paper. Something that clearly lays out what LeoFinance is aiming to achieve and become in 2021 and beyond.

Becoming a Holding "Company"

Holding company might be a bad name for it. Umbrella project? Umbrella token? Parent economy? Parent ecosystem?

Whatever you want to call it, the core idea is the same: I envision LeoFinance as being a sort of ecosystem that houses multiple applications and projects which all fly under the LeoFinance / LEO token economy banner.

This vision will become more clear in the upcoming paper and especially with the rollout of our next major project.

Our core product is LeoFinance.io. Parallel to LeoFinance.io, we're developing a lot of interesting infrastructure like LeoInfra (which has created the most seamless onboarding process on the entire Hive blockchain) and a new project that is about to launch - Leo Lightning DB (which acts as layer between LeoFinance.io and the Hive blockchain. Allowing us to communicate operations on the backend to create "the speed of web2 with the principles of web3").

We've also got:

  1. LeoDex (Hive-Engine UI)
  2. @leodex (SWAP.HIVE-->HIVE bridge)
  3. Hivestats (UI for Hive Statistics)
  4. LeoPedia (Resource for Crypto Educational Content)
  5. Wrapped-LEO (ERC20 Bridge for LEO)
  6. LeoFi (DeFi product, coming soon)

All of these pale in comparison to our next project. With the launch of ____ we're going to launch a standalone application alongside its own tokenized economy that will function similarly to LEO but will live under the LeoFinance umbrella. The scope and scale of this project means it doesn't belong on that short list above. It belongs in its own category entirely. A true sister project under the LeoFinance umbrella.

As this project rolls out, it will become clear that we can continue on this path of developing depth and width for LeoFinance. Depth means continued development of our current projects and core products (i.e. LeoFinance.io). Width means developing new projects and even acquiring other applications to revamp and redeploy under the LeoFinance umbrella.

There are a lot of amazing projects out there in the crypto space and a lot of amazing ones on Hive as well. Some lack the resources needed to build a great product, bring it to market and then find an audience. As we find projects that may be good candidates to bring under the LeoFinance umbrella, we may acquire their codebase or even offer funding to get their project off the ground.

Regardless of how the details play out, the vision seems clear to me and I think it will become increasingly obvious as project ____ is launched.

We've been spending an enormous amount of time over the past few weeks on this project in particular and also on Lightning DB, LeoInfra and other major developments. Eventually, we'll make a round back to Hivestats to give it a revamped version as well (particularly since the Hive HF messed up quite a few displays).

Airdrops in 2021

Airdrops give me mixed feelings. I think we're all aware that there are good and bad airdrops. When done right - and particularly with the right intent - I think airdrops can have a profoundly positive impact both on the original token and on the newly launched token.

With project ____, you'll see this idea play out. The goal of the airdrop is to have a wide distribution right at the launch of our new project. The distribution also goes out with a focus on LEO POWER, WLEO LPs and LEOM/LEOMM hodlers.

This means that hodling the LeoFinance "parent token" means you also hodl a claim for the airdrop distribution on the next token as soon as it launches. The first aridrop will feature project ____'s token. If this model proves successful, you'll see a similar setup with the projects that we develop later in 2021 and beyond.

Again, the intent is always to provide value to the community and build great projects that are useful. Doing random airdrops won't achieve that mission. Calculated airdrops where we launch new tokens for new products that have a valid reason for existing does make sense. As we launch new projects, continue our marketing campaigns, ramp up onboarding, etc. then we will see value and new users flow into the LEO token economy and as a result, into the sub-economies that we're building under that banner.

It's hard to explain this model without giving away key details. All will be revealed as this project (and the LeoFinance paper) are rolled out.

I'm excited for 2021 and beyond. LeoFinance is turning into its own economic engine which can build new projects, help established ones and build width and depth for the LEO token economy, LEO POWER hodlers, WLEO LPs and Mining token hodlers.

My goal each day is just to have fun, build cool stuff with cool people, continue to learn new skills and dream up new projects. 2020 has been a crazy year. I'm fortunate to be able to say that it's been a great year for me as the LeoFinance project and community (our family) has grown bigger and faster than we could have imagined.

Thanks for a great 2020 and Happy New Year! 🥂

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I am not sure ___ is such a great name. The team might want to work on that one a bit.

But what the heck Prince became some symbols so anything is possible.

Maybe it is an insightful move.

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I dig it actually. ____ to the moon!

Lol the name is a cool one but ___ is a nice placeholder

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You sure know how to tease 😈

As far as airdrops go, I like the idea of claimdrops. Get the tokens into the hands of those committed and active!

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haha

well, there is a lot of stuff coming this year. Best to roll the info out in phases ;)

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This is an interesting idea, just please don’t try to dominate the space by buying up every project and every developer, don’t think you’d do that. Buying some projects outside the hive ecosystem might be interesting!

haha we'll stick to the projects where we can have high impact. There are also a lot of things we plan on doing in the DeFi space.

As for Hive, there are a lot of awesome projects that either don't have the resources they need to continue development or have founders that aren't willing to continue developing at all. I think there's a lot of room for us to pick up the baton and run with it on projects like these

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You are rights I think a lot of communities and projects just don't have the knowledge of tokenomics and how to get excitement going. I think a lot of them could benefit from you advising them and helping them market. Leo as a financial advisor/marketing company for a hive projects would be fantastic! You/Leo could become a major investor and then help market in order to help raise the price and reap the benefits.

You could probably come up with some really interesting collaborative ideas with tokens and contests and all that.

One project Id like to see grow is Natural Medicine. They have such a nice diverse community but they aren't very business oriented at all. Build-it and STEM are two others. Not very involved in the latter two but I think they've got a nice niche that Hive can benefit from.

Anyway, I like your leadership so I'm getting more involved at Leo, better late than never 😉

you could consider yourself venture builder.
Build new ventures, spin them off but leave them under the main brand and guidance.

are you thinking just inside of the hive ecosystem or "venturing" outside as well for the help/take over of projects??

Yes this is generally the direction we’re headed in. LeoFi is one of our next major projects and will be a sort of cross-over platform between ETH and hive with a focus on things like Uniswap functionalities, etc.

In the future, we’d definitely venture out to other blockchains and expand our scope in the space. One thing we’re working on is going to blow a lot of minds and it has no connection to hive whatsoever, I’m excited about it.

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Congratulations and well done on the speed of delivery.

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Some beans have been spilled

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Spill em all

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It will be great to follow another year and see the evolution that LEO will have. Looking forward to the next releases and I wish LeoFinance all the success in the world.

Happy New Year Khal!

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2021 will be a lot of fun!

Happy new year coyotelation!

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Good luck for all the new projects. Community is with you in highs and Lows.

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Thank you! Excited to see what we achieve in this new year

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All I read is, buy more Leo Miners .... .... .............

I should do that.

Did you read the Biography of Musk? X.com is basically PayPal now. PayPal was better at Marketing and X.com had better technology. They were forced to fuse by their capital provides and Musk left the Company after that. So PayPal was based on the x.com technology while maintaining the original PayPal spirit. The reason was Musk, he was doing it, and PayPal was able to sell it. This Deal made him nearly a Billionaire because he was holding vast parts of the company and the new Investor after the Fusion, aka eBay, paid him out to get his assets. He was out nealy a full year before actually getting the Money... AND THAT money created SpaceX and Tesla!

Life is strange.

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haha yeah I don't think anyone is expecting what's about to happen with the airdrop. LEOM / LEOMM miners are going to be very excited with the outcome.

yes, I love that biography. Elon also later bought back X.com from eBay for sentimental reasons. Now it's the perfect domain for him to launch a holding company

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X.com could by anything... would be wasted for just an ordinary website.

Congratulations on a good year and thanks for your dedication.

I see a great future for Leofinance as well as it's users :) you don't have any idea how many people you are helping indirectly . Keep up the good work .

I'm happy with everything we've done and super excited for everything we will do! Thanks ;)

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I am very excited too! Happy New Year and thanks for everything :)
We support you

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Thanks Katerina! 2020 was our big year but 2021 is going to be the true takeoff moment

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Yes! We support you.

Thank you for a post that clarified many questions for me

I’m glad it could help! More to come

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Best success for the ___ project. You have done quite well so far and your team, so 2021 can for sure be a year to think about scale. Happy New Year from the future.

2021 is going to be out of this world. I’m excited

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Maybe yes... Maybe not. However, there's a fact: Holding LEO is gonna be a trend throughout this year.

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Building value and a growing token economy is the major focus. As these new projects are built with new tokens that all feed back into Leo, I think the vision will be crystal clear. HODLing LEO is a good idea ;)

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Thanks for the updates Sensei, eagerly waiting for what Leo is going to bring to the table in 2021. Happy new year bro. Keep up the good fight

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Happy new year! I’m excited to show off what we’ve got in store for 2021

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I'm wondering, is there a place where I can see how much LEO is powered up?

Yep - check the feed pages or curated section of LeoFinance - for example, on the left side of https://LeoFinance.io/curated (or on the top drop down if your on mobile).. labeled LEO Tokenomics

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When you mention the leofinance parent token i'm guessing you're refering to leo" which gives is access to LEOM and WLeo? Irrespective, I have no doubt the Airdrop will be done right. I feel 2021 for leo will be a definitive year especially when it comes to mass adoption and even building further better projects.

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LeoFinance (LEO, LEOM, LEOMM and WLEO) are all extensions of the LEO token economy.

The parent token concept is that we'll launch new projects in 2021 and beyond and those projects will carry their own tokens. These tokens will launch under the LeoFinance team and then have their tokens distributed to LEO/LEOM/LEOMM hodlers

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To the moon!!! and far beyond

Happy 2021

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Moon moon moon

happy 2021!

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Happy New Year!

Thank you very much for setting such a wonderful example for the entire Hive blockchain ecosystem!

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Happy new year! I think 2020 was just a warmup for 2021 ;)

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May grace keep being on our side. Thanks for the update. Looking forward to better days ahead in 2021. Happy new year to you and everyone on Leo and Hive

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Thanks! happy new year!

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So much good stuff happening on Leo. I can't wait to see what project ____ is! Hopefully it is something I can participate in.

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PS. Love the graphic.

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toruk_washere_new3leo.jpg

Happy New 2021 !

More info why you see this.

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Congratulations for everything you have achieved here and I see Leo Finance as a one stop shop for crypto, finance and DeFi and simply I am excited of what is to follow. It is great what a symbiosis exist in all the Leo Finance applications and that they each serve a good and foundation scope. From here you can bring new layers and angles to address this great domain and transform everything into a true crypto and financial space. I am impressed about how fast things are rolling out and the union of the community. And as I would say it sometimes: Go big or go home and I see that great things are to come here!!!

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May the good God uphold us and strength us to push Leo and Hive forward. Looking forward to better days in 2021. Happy new year

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great to hear these updates.
the new year looks promising.

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Greatest community on Hive with so much promising new stuff ahead. Happy to be active in here.
Happy New Year!

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Leo is amazing. I think what you should focus on is building the second layer SMTs on hive yourself. Everything you do is extremely well done and I am sure that you'll manage to create a solution that is more decentrlized than hive-engine.

My guess is “fill the blank” or “underscoooooooore” for the name of the project, too many hints point towards this :D
Congratulations for all you achieved in 2020, happy new year and I wish you an even greater 2021 !

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Hello everyone, I just joined LeoFinance. We hope everyone will guide and advise more ... This is my Blog https://leofinance.io/@thuynguyen1985. Please visit and leave a comment for me. Thank you

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but so this post is still the announcement of the announcement? 😜

It has provided us with a lot of interesting news and you have better outlined the path that Leofinance is following. And I'll tell you the truth: I love it!

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Can't wait to see how all of this plays out in 2021👍

Nice work! Looking forward to more exciting achievements in Year 2021!

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Test Reply with Lightning!

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Rocket to the MOON

HAPPY 2021

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Always good news to hear about further developments, have a great year !WINE


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Happy new year to all LeoFinance community members. Year 2021 shall e a big one for us. The roadmap is already looking yummy. I'm seeeing a $1 LEO possible in 2021.

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2020 had been full of learning of many kinds, 2021 will be the time to build something better and bigger based on the knowledge learned, I see Leo going great in the future

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Amazing animado.gif

In khal we trust :)

Hope you had a great entry of 2021. This year is going to be huge for all of us!

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Brother, already in a future LEO FIINANCE will be a city or a country, since with the changes that are coming you can see the economic growth, as well as a country that is being built little by little because leo finance is being built from the ground up.

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Excelent

This is all good news and glad you guys know where you are heading as we are all on this ride with you. Happy as now can see the posts and comments so don't know if you have added or changed something already.
All the best for 2021.

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LeoFinance is a beautiful project and future developments will spread its use to other users

Happy New Year!

This has finally convinced me to lower my obsession with buying more DEC and turn that attention towards buying more LEO. I'll see if I can reach 2K LEO before airdrop.

Best of Luck!

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PLEASE HELP!
OK, now that I have your attention, please I'm writing here because I can't use the LeoFinance platform. I'm having issues with connections:

  • I can't post new articles
  • I can't power up my Leos
    I'm trying with this comment here with the hope of being helped. Maybe you can suggest me which API server should I select in the settings?
    It's really weird , I can't interact with the blockchain it seems.
    Thank you for your reply

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Ok I've finally succeded in using LeoFinance, I repeatedly changed my Api connection server, many times. The one working for me now ( but yestarday was not) is the

api.hive.blog

thank you very much however, hope to get more integrated in this fantastic community in 2021 :-) And HAPPY NEW YEAR TO YOU ALL!

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Happy new year. Thank you so much for building this wonderful community. You have all the support for all your upcoming projects. Cheers!!wine

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You Earned 0.100 WINE As Curation Reward.
You Utilized 1/3 Successful Calls.

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I am sure that Leofinance will be a lifechanger for you. Your project must be worth tens of thousands of dollars now alone. And it wins with every article and every user!
I am proud of you and of the community!

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My goal each day is just to have fun, build cool stuff with cool people, continue to learn new skills and dream up new projects. 2020 has been a crazy year. I'm fortunate to be able to say that it's been a great year for me as the LeoFinance project and community (our family) has grown bigger and faster than we could have imagined.

That's a great goal. I'm excited too.

Happy new year!

Looking forward to that 'air to drop' ( ever heard of the early msdos game paratrooper? ) as well as to project ___

It seems like we've entered the age of abundance and I'm enjoying it on many levels. Leo(finance) definitely plays a part in this.

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Happy new year. Thank you so much for building this wonderful community.

Lightning DB, same as what other apps already have, right.. why name it? Peakd has one, Ecency has one, they are not naming that. 🤔 But I understand the need for hype, oh I remember, peakd called it hivemind plugin 😊

As we find projects that may be good candidates to bring under the LeoFinance umbrella, we may acquire their codebase or even offer funding to get their project off the ground.

@khaleelkazi I have a project i offer to @leofinance to take on and develop. To whom / through what channel can i suggest this please?

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