Can You Really Earn a Living on LeoFinance?

in LeoFinance6 days ago

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The reality of the new world of finance with cryptocurrency is unfolding before out eyes. Though the capitalist are fighting it hard so that the poor remains poorer and the rich richer, the significant masses are coming to wake of the value of the blockchain technology and cryptocurrency in this new decade.

We were all witnesses as BTC did a ride across the $40k value in the last few days and how it triggered some bullish moves with alt coins. My LEO balance had counted up to 5-digit dollar value. A very cheap token like SPORTS had also crossed the $2k mark. This shows how powerful decentralization can be in helping to preserve and spread wealth.

Looking back at 8 months ago during the Steem-Hive Split which I was sitting on a little about 2,000 HIVE and 2000 STEEM which were not worth up to $500 put together. However, with social activities on the @LeoFinance community during a time when the world faced it's biggest economic crisis, I was building my wealth with LEO token. Little did I know that the less than 1 cent LEO then would value over half a dollar few months later.

At this point, one can just leap into the future, say Six to 12 months from now to see how many people that were worth quite less than $1k would be counting in tens of Thousands of dollars by creating and curation contents. This would be when we see our dear LEO rank into the $1 -$5 crypto.

Six months ago, I wrote a post titled "Can You Really Earn a Living on Hive? YES, You Can" where I highlighted how significant my Hive earnings have been to me especially with the situation of my country regarding employment. In 2020, I have achieved funded several projects from my Hive earnings with climaxed at the burial of my late Dad (Burials are expensive in my part of Nigeria). We had beautifully hosted and God's glory, I didn't owe. I had practically powered down 8,000 LEO as at the first week of December and that was enough to foot the bills I had to effortlessly.

Now, we've seen that the tables have flipped and we now count HIVE as a fraction of LEO. Then, things get merrier for all those who had belied in LEO and had accumulated tokens like I did. I made a quick query on google on "how to earn a living with Crypto".

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New Google Search Result: "how to earn a living with Crypto"

The output of the search produces the same articles as @khaleelkazi had Six months ago but on different positions. It seems the world of internet is yet to know that LEO token has made it 10 times of its value from Six months ago and perhaps they need to hear.


Old Google Search Result: "how to earn a living with Crypto" source

I look forward to some time in the near future when such searches as this would pop up contents about leofinance like this I am writing. perhaps,. LEO would be $5 or $50 in value and we would have surpassed $10 Billion Market capitalization. One cannot thinks smaller with the "big things" lined up for launch through the leoFinance ecosystem.

  • Lightning DB
  • Sidechain Testnet
  • Project ___
  • Airdrop #1 (project ___)
  • Airdrop #2 (governance token)

With the current spate of Web 2 social media censoring, we see LeoFinance micro-blogging project take over Twitter and Facebook. This is possibly going to happen as many people are not freaky with writing a 500 worded post like I do. They would have preferred it short and interesting and that's what Lightning DB seeks to achieve.

Yesterday, I nearly cried on reading the below quote from December "LEO" Author Reward Leaderboard which mentioned a whooping $11,467 as reward for only 30 LEO authors in just one month. It thus means that for the entire users who earned LEO, we could have had over $30,000.

This Month, the top 30 authors earned $11,467 USD in LEO token rewards and $5,240 USD in HIVE rewards.

That amount is enough to run a cottage industry in my nation that can employ over 50 workers with at least $200 monthly pay cheque. Here are only 30 people earning that amount for just catching fun on a socialmedia.

Is LEO underrated?

At this juncture we can say that this baby Bitcoin called LEO is so underrated and the future is big. i wish many would come to embrace this fintech driver. However, we still have a huge work to do in marketing the community and the token at individual level to bring our family and friends to share in this wealth system.

I can make old to say that as at today and beyond, Once can Really Earn a Living on LeoFinance.

We are still in the beginning of things. Think of it when when more products are unveiled together with multiple blockchain linkages such as with the growing Thorchain. It's time that individuals begin to create project that can leverage the leoFinance sub-chain as well as LEO token itself as we prime our way to prosperity and sustainable wealth. Yesterday, I had mentioned in this post that I hope to retire at 40 and give my time to charity and value giving activities to humanity.

It can only get better!

 

 

LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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I believe LEO has the ability to replicate STEEM's price performance from 2017. What I also believe quite strongly is that even after it peaks for this bull market, LEO still has and will have better fundamentals to hold its price that STEEM did. Regarding the topic of your post I'd say that personally I could live off of blogging if I'd manage 2x the rewards value I scored in December and being able to hold this level on a long run. The project is definitely promising and life changing.

Posted Using LeoFinance Beta

Very true. I call that the power of consistency. The longer we stick around, the more impact we an receive and at the same time create.

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so as one of the authors in that list i earned around 355$ in 30 days. that with the prices of 0,50 and 0,13 so i will say that translates to 300$-400$ or around 250-350 euros.

In greece 350 euros equals a bad part time job. So in a way i can't live with that kind of money but it's something. it means that there are potentials to live! If for example the price rich 1$ then i may earn quite the amount!

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so as one of the authors in that list i earned around 355$ in 30 days. that with the prices of 0,50 and 0,13 so i will say that translates to 300$-400$ or around 250-350 euros.

That was a huge earning that month. However, though that can't sustain you now, I am glad to hear that at $1 value, LEO can sustain you.

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In some places of the world, like my country, I am sure that one could live peacefully with the blog rewards in Leofinance, especially if the monthly payment is as low as ours. What I mean is that I am sure that in Leofinance anyone from my country with 200 Leo per month at the current price can earn a living.

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Interesting. With consistency and even with additional earning options like the coming microblogging, it is easy to reach a monthly 200 LEO.

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 4 days ago (edited)

Of course, I have seen how the publications in Leo are quite accepted and supported.

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Leofinance is really a life changing platform and it's potential is unique.

The baby bitcoin is really still underrated.

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The baby bitcoin is really still underrated.

Very true. Hive's baby Bitcoin.

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I look forward to some time in the near future when such searches as this would pop up contents about leofinance like this I am writing.

You should try to search for: "How To Earn Crypto From Blogging In 2021", I'm sure you'll be pleased with the results. :)

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Really awesome to see that your entry. Really was a good read. Soar!

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The way LEO is moving forward, no one can guess how far it would go. If this continues like this, after 5 years where LEO would go, maybe we cannot think of it right now.

Making and curating content, you can earn but to make a living, I think you need more. We are eventually moving towards there and we will achieve that target in the near future.

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Yeah, we're moving gradually and at some point, we'll say one can live well with LEO earnings.

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Leo has a big future once they start marketing it properly. It wouldn't take very much to 10x the user base during a bull market.

I know that we would get a lot less rewards in this case but it would drive up the rewards and decentralise the platform over time which would only be a good thing.

In a few years if they keep growing at this rate and you don't sell your tokens. There could be a time when it is enough money to live off, especially in cheaper countries.

Leo has a big future once they start marketing it properly. It wouldn't take very much to 10x the user base during a bull market.

Very apt thought. It's every user's responsibility. Presently we have about 350 daily unique users. Assuming each users brought 5 new users, we see the future grow to 1,500 and that would have a positive effect on the price of the token as there would be improved mining rate as well as high demand for the token.

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Boss, you're really a great man. I wish I had stick to your advice. I know it's not too late to start being serious and committed to what is happening here. I'll build myself.

Posted Using LeoFinance Beta

Thanks man. I appreciate those kind words. We grew on the shoulders of others, so we give our shoulders for others to stand to see the future too.

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With a tad bit more rewards, I could live off my earnings for sure. With a big stake, one could even live off curation earning 😄

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Yeah, say like 200k LEO stake. Don't worry, we'll get there.

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Hello @uyobong

Since the month of February 2020, I have made a living from doing post in Hive, from November I started in Leofinance, if I'm not mistaken the currency was at 2.5 Hive, when I reached Leofinance I felt that my economy stabilized faster than when I was in Hive.

So it would depend on where you live, whatever your financial situation is, how you are used to living. If you are used to living with all the amenities and you have more money to invest or carry out any other operation, they will answer you "NO". But if you have lived with a critical economic situation, that you do not have opportunities to have a job with a good salary, when you arrive at Leofinance you earn an amount of money that covers even part of your basic needs they will tell you: If you can really earn a living with LeoFinance.

I live in Venezuela, a month's salary is equivalent to less than $ 1, it is more feasible for me to post in Leofinance, to live from the rewards than to live on a salary here in Venezuela. Apart from the fact that the economic situation we live in a hyperinflation, because the salary is equal to less one dollar, with that nothing is covered to buy.

I am not rich, but if I cover part of my basic needs in the food part, in the list of the authors of the month of December I am among the top 30, with an equivalent of $ 266 in 30 days, that with the prices of $ 0.50 and $ 0.13. Thanks to those I covered my expenses, I bet a part of my Leopower, apart from buying 170 LBI.

I can tell you that I can live off the rewards of Leofinance. Today I do it, I am proof of it ...

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Very interesting to hear your story. Such testimonials as yours are what should trend on the socialmedia to show how useful Hive earnings are helping families in economically broken countries to make a living.

Since the month of February 2020, I have made a living from doing post in Hive, from November I started in Leofinance, if I'm not mistaken the currency was at 2.5 Hive, when I reached Leofinance I felt that my economy stabilized faster than when I was in Hive

More wins!

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The potential for this place is enormous! We have read so many stories of people changing their lives thanks to this blockchain that it's clear we are up to something big!

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More of such stories are on-coming . Will be glad to read them.

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