Sometimes it is best to find a good plot of land, build a house, and let everything fill in around us.
This is something that I feel is taking place with Leofinance. Through the @lbi-token, we all have the ability to ride the growth of the neighborhood to great returns. Just like the early settler in an area, as things fill in, values go up.
We saw the first part of the Leofinance White Book released this week and it is enticing. Since there are other parts to follow, we can only speculate how in-depth this is going to get.
The important piece to derive from what was written is how there is a vision that ties into something much bigger. We are seeing the establishment of Web 3.0 happening right before our eyes. Few outside of this ecosystem realize what is taking place, which is fine. For the moment, that allows us to develop and innovate.
It is not always going to be the case. At some point in time, word will spread about what is being offered here. This means that we need to build what people will eventually use.
Part of the problem with being an early adopter is the fact that things are not neat and tidy. Using the housing analogy, you might move in and have to deal with construction around you. There is noise and debris. Over the period of months, your life might be interrupted somewhat.
However, there comes a point where the neighborhood comes together. All the construction is done and the sod is in place. Everyone walking around realizes how nice things are.
This is Leofinance. Right now things are a bit messy. We have debris in many different places with most of the block in various stages of construction. When looking around, it does not look like a completed neighborhood and for good reason: it is not.
Of course, that is where the opportunity lies. What if the neighborhood has the potential to be the next Beverly Hills (for those outside the US, it is a very expensive area) yet we are buying in at Mid-West prices? Over time, that is exactly what happens.
Did you ever hear of those people who have properties worth millions of dollars simply due to the fact they lived there a long time and the area grew? The house might be worth very little but the land is of value. In fact, developers often come in, buy the property, and level the house.
We could be seeing the same thing with Leo. We are already here, some of us from the early days. Throughout the time, the area around us started to see a bit of development. This comes in the form of applications.
There are also more people moving in. A few are trickling in here and there. We are far from a major metropolis. Our "downtown" is still nothing more than a few stores and a restaurant or two. However, as more filter in, they see the opportunities.
Source
Are we seeing the formation of Beverly Hills? Or Manhattan? Or some other area which is very expensive?
Many of us feel that Leo is a tremendous opportunity. It is the foundation for what we are doing. With the vision being set forth, along with the development, we are seeing a neighborhood being build. Unlike much of what we see in the world of cryptocurrency, we know it will exist at some point. Many projects espouse the idea yet are not even clearing the land.
How big this becomes is the question. That is what is impossible to predict. Nevertheless, we know with a tight token float, those who are holding LEO could be sitting on something very valuable. Simply math of tokens distributed divided into a market cap projects shows how high this can go. With only 10 million LEO outstanding, a $50 million project, something rather small online, is a very strong token price.
Therefore, since we know that a neighborhood will be constructed, the key is to focus upon how valuable it will become and how heavily populated. That is what will differentiate it from many other neighborhoods that people are trying to construct.
In the end, it takes vision and commitment. The housing analogy fits in the sense of being an early adopter means there is risk. It is hard to see what is being built before it is actually constructed. Yet the architects, planners, and developers know exactly what will result.
Is the same thing taking place here? The White Book will hopefully provide a lot more insight into what this neighborhood is going to look like when completed.
It is only a matter of getting the different parts posted online.
With LBI, we found a growing neighborhood to move into. Now we just wait for things to develop around us.
Article by @taskmaster4450le