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json | {"proposal_ids":[2212],"action":"for","app":"splinterlands/0.7.139","n":"JPjcJKz3GU"} |
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1. | voter | amberkashif |
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author | bobbyb58 |
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permlink | memories-of-arlo |
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json | {"action":"mint_nft","params":{"asset":"GLG-S3-L","items":[{"to":"sorryismurf","qty":1}]},"n":"Ss2e88E1"} |
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json | {"items":["754219294ddc26df050163e3e8020f3a9454d3cb-0"],"days":2,"currency":"DEC"} |
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json | {"action":"mint_nft","params":{"asset":"GLG-S2-C","items":[{"to":"sorryismurf","qty":1}]},"n":"JFuAltwj"} |
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1. | parent_author | taskmaster4450le |
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parent_permlink | ezbibeqr |
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author | ai-summaries |
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permlink | re-ezbibeqr-20240319t225701z |
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title | "" |
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body | "**Summary:**
In this video, the speaker discusses the value and nature of Leo, a cryptocurrency, and the Leo Finance network. He emphasizes that one Leo equals one Leo, highlighting that Leo is a currency similar to US dollars, with intrinsic value within its ecosystem. The speaker explores the idea of Leo Finance as an economy, stressing the importance of building and growing the network to increase value. He contrasts Leo tokens as utility tokens, not ownership tokens, and delves into the concept of network economies in the cryptocurrency space. The speaker also touches on comparisons to traditional stocks and currencies, emphasizing the vital role of growth in these crypto systems.
**Detailed Article:**
The speaker addresses the topic of Leo and Leo Finance's value and structure in the cryptocurrency world, focusing on the recent discussion in the Leo weekly roundup. He highlights Neil's analysis projecting the value of Leo at 61 cents over five years but notes the confusion surrounding the essence and value of Leo.
The speaker simplifies the concept by stating that one Leo equals one Leo, akin to the value of one US dollar equals one US dollar. He underscores that Leo is a currency and that its value should not necessarily be pegged against other currencies like USD unless required. Instead, Leo's value is often measured in Bitcoin within the cryptocurrency space.
Leo Finance is introduced as a network that constitutes a community where transactions and value exchange occur. The speaker clarifies that owning Leo tokens provides utility on the platform but does not signify ownership in LeoFinance.io or other associated entities.
Moreover, the speaker elucidates that the Leo economy is based on platform activities, mentioning four websites tied to Leo, including shop.LeoFinance.io. He discusses the potential for private enterprises like LeoShop.org and how they may or may not benefit Leo token holders based on their operations.
The speaker raises a crucial distinction between utility tokens like Leo and ownership tokens, emphasizing the importance of platform activity and network growth in boosting value. He explains how the velocity of money in an economy correlates with value and growth, drawing parallels between crypto economies like Leo and traditional economic principles.
Furthermore, the speaker compares the growth dynamics of Leo with established entities like Bitcoin, highlighting the significance of network expansion in driving value. He predicts that diverse businesses and projects within the Leo ecosystem could enhance its overall value and likens this model to the broader crypto and decentralized finance landscape.
In conclusion, the speaker underscores the distinction between currencies, ownership in companies, and utility tokens in the cryptocurrency realm. He suggests viewing networks like Leo Finance as economies and advocates for prioritizing growth and ecosystem expansion to maximize value and utility." |
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json | "{"contractName":"nft","contractAction":"issueMultiple","contractPayload":{"instances":[{"symbol":"STAR","to":"forsakensushi","feeSymbol":"PAL","properties":{"type":"i209 Karaoke Green","class":"instrument","stats":"0,1,0,0"}},{"symbol":"STAR","to":"forsakensushi","feeSymbol":"PAL","properties":{"type":"R464 Striker","class":"people","stats":"115,3,90,3"}},{"symbol":"STAR","to":"forsakensushi","feeSymbol":"PAL","properties":{"type":"i195 Metalic Green Bass","class":"instrument","stats":"0,5,0,0"}}]}}" |
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