![image.png](https://i.imgur.com/3ASwN8c.png) <sup>[src](https://leofinance.io/@finguru/first-threadstrom-is-always-a-special-one)</sup> Interesting things are happening with Twitter and while many may have anticipated a merge of Twitter with blockchain, it sure seems Elon doesn't even believe that can happen or simply understands the cost and isn't ready to take that path. In reality, one of the effects of integrating Twitter with blockchain is the inevitable killing of advertising revenue for the company, unless of course the company would have to centralize the network, build a dual token system where only twitter can create and utilize one of these tokens, this would be a mechanism for promotion, what would be burn in proportion to advertising sum paid otherwise, a similar model with Hive would need to be adopted and that wouldn't really bring back a $44 billion spending. ## Blue checkmark I consider this an irrelevant integration, unless twitter has at least 100 million unique users willing to pay for a check mark else Twitter can't turn a profit from this, at the above figures we're looking at about $9 billion annual revenue, if not, maybe Elon is okay with a slow revenue? ## Spending on goods and services - salvation? It is now obvious that [turning the company into a payment system](https://leofinance.io/@taskmaster4450le/twitter-files-as-a-payment-company) is Musk's plans to turn a profit and while people will keep asking if $44 billion" wasn't more than enough to build such a financial network, it remains true that Elon may have over done himself on this one. How do you get people to spend via Twitter in numbers enough to draw massive revenue to the company? The fact that Twitter will not be integrated with blockchain shows that it will be greatly limited and lack real global accessibility. ## [LeoFinance Announces Project Blank as Leo+Project blank merge](https://icoverage.io/LeoFinance-publishes-development-overview-says-Leo-stakeholders-will-receive-airdrops-via-automated-buybacks) I'm wowed, Project blank should easily replace Twitter if done right! You may already be thinking how? Well first, it's based on the most scalable, fast and powerful blockchain, the [Hive blockchain](https://icoverage.io/Guides/What-Is-Hive-Blockchain-A-Comprehensive-Guide), this gives it an underlying technology boost to scale x1M than Twitter. I must commend @khaleelkazi, everyone was worried about "spam" and how Project blank can avoid it and he birthed the idea of "second level content" to the picture. The fact that Project blank can do all that Twitter does with ease and still not cause the network to be filled with spams hiding away long form articles in the main feed is just amazing, this allows it to grow and mature into whatever without being a burden to the chain. ## The everything app is a failure without blockchain [Screenshots](https://twitter.com/TechEmails/status/1591107918816247808?t=b6sDPcAaokzW28DlejDZmQ&s=19) show off Elon Musk's conversations with SBF and here he talks about how twitter on blockchain is impossible, of course, it is not impossible, just will take a lot of rebuilding, that's a lot of spending and work hours. This is a threat to Musk's functionality and may cause his productivity rate to drop given that his focus is spread across the many companies he handles, but then, it's an advantage for project blank. As already mentioned here, LeoFinance is already an embodiment of what Twitter, Medium, Banks and WhatsApp do. Microblogging, long form blogging, facilitates payments/transactions, communities. Although there isn't a chat-like interface, LeoFinance does offer communities, this is something already leveraged in a grand scale on Facebook and it seems Mark is looking to launch it on WhatsApp, so it literally means LeoFinance draws all these functions to a simple point without sacrificing security or user experience. With more developments to make this space much more than it is today, the Musk dream is going to be built in a more robust way here. *Thank you and please leave a comment, your thoughts matter to me* Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@badbitch/project-blank-will-prove-to-elon-musk-that-a-better-version-of-twitter-can-in-fact-be-built-on-a-blockchain)
author | badbitch |
---|---|
permlink | project-blank-will-prove-to-elon-musk-that-a-better-version-of-twitter-can-in-fact-be-built-on-a-blockchain |
category | hive-167922 |
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You're right my friend, in next 5 years I see Leothread to replace Twitter and be the first choice microblogging platform for everyone on web3
author | adedayoolumide |
---|---|
permlink | re-badbitch-20221113t9468867z |
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Fingers crossed.
author | badbitch |
---|---|
permlink | re-adedayoolumide-rlbku0 |
category | hive-167922 |
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I have my doubts now about how much adoption it will get under the same roof. I had felt it's own token, tokenomics and ad revenue to support the token would have been the driving factor of adoption. Now that everything is based on one single token and smashed together I don't see as wide of a acceptance now. Of course I would love to be proven wrong. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitcoinflood/re-badbitch-gxt4u)
author | bitcoinflood |
---|---|
permlink | re-badbitch-gxt4u |
category | hive-167922 |
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That is totally understood, but it wouldn't be ideal to keep creating more tokens, it directly sucks value from the token before. Take Cub for example, Leo began losing strength following its release, this was because users decided to capitalize on that new product, then came polycub, cub lost a few marketcap, then again the release of bHBD, most HBD liquidity on polycub flowed back to cub and will likely continue if the community isn't growing larger and some more revenue stream is built. If done right, the new structure of LeoFinance may attract fresh value inflow which would be highly beneficial. My take would be limiting token creation and focus on building direct value into LEO itself. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@badbitch/re-bitcoinflood-2xx7bp)
author | badbitch |
---|---|
permlink | re-bitcoinflood-2xx7bp |
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bitcoinflood | 0 | 175,089,874,516 | 7.8% |
Elon doesn't like the idea of social media on a blockchain - if that source is real: https://twitter.com/TechEmails/status/1591107918816247808 > Blockchain Twitter isn't possible, as the bandwidth and latency requirements cannot be supported by a peer to peer network, unless those "peers" are absolutely gigantic, thus defeating the purpose of a decentralized network
author | bluerobo |
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It is real, he confirmed it with a reply.
author | badbitch |
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