RE: Reaching a $100M Market Cap | Will INLEO have a DAO?
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DAOs are really tricky to implement, we are witnessing just our neighbours at Splinterlands about a lot of growing pain points, governance, directions, etc. But definitely the way to go if we want that future that crypto promised us: Decentralized Autonomous Organizations.
I still think LEO growth has a crystal ceiling with Hive, but it is true that Hive must show it's PMF to validate LEO's one. LEO can do much more than Hive at this point, and LEO infra is advancing faster at this point so maybe the long term plan is to fork...?
Too many possibilities ahead. Onwards!
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Hive is an incredible L1 technology - much like Bitcoin - there is no ceiling to how large LEO can grow on top of Hive. Our aim is to grow the entire Hive ecosystem as our ecosystem advances forward.
Remember that 1 MAU on INLEO is 1 MAU on Hive - every user of INLEO has a Hive account and is putting interactions on the Hive blockchain.
If all Hive Apps have 5,000 MAUs and INLEO has 100,000 MAUs, then all of Hive has 105,000 MAUs. It's incredibly important to keep this in mind
I'm a big believer in a rising tide raises all ships. While I've rubbed a select few on Hive "the wrong way", INLEO keeps pushing forward and will benefit Hive greatly as we grow. Many of those who are naysayers are simply paranoid we'll leave or annoyed that we're building something they could only dream of.
Onwards (with Hive) 🚀
That is a quite clear letter of intentions, thank you!