Litenett - the one-stop blockchain destination

in #ico8 years ago

Is your phone loaded with multiple of applications for various different tasks? An annoying problem, isn't it? A different application for handling payments, two different applications for radio and music as well as another one for chatting or social media platforms, games, youtube, movies, etc. These all consume space of course and at the end leaves our 24×7 company much loaded. What if all these can be combined to a single application that allows you to do any of the above activities without gathering up so much on your tiny gadgets. Ironically we can modify here the quote," United we stand, divided we mess up." Funny!

Is this the reason behind slow-paced adaption of blockchain technology? Like when our phones are already loaded, how are we going to give space to a total new tech-application? Obviously not, the reason is much wider as even though this trendy technology - blockchain offers extraordinary advantages over our conventional methods such as liquidity, transparency, decentralization, reduced complexities and much more due to its distributed ledger system, people are not utilizing it on a daily basis. The reason could be the lack of technology to meet the everyday wants of people. Due to its volatility, the cryptocurrency is much widely accepted in the crypto community than by the mass users. According to a survey, only three out of 500 retailers were seen trading with bitcoin. When asked why the reason was the complexities of utilizing the technology on a daily basis. There is a lack of an integrated platform allowing different retailers to communicate as well as advertise and reach out to more people by providing more services related to routine life on a single stage. There exists a demand for an integrated easy to use blockchain platform for its far-flung acceptance among the mass consumers.

William Mougayar, the blockchain analyst, investor, and advisor quotes "The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?' ". This is only possible when the market comes up with alternatives that encourage cryptocurrency usage in day-to-day lives. Our project litenet has come up with a platform for the purpose. Readout further to know how.

About the project:

Litenet is an integrated blockchain platform with the great social network, media resource and payment services all in a single destination. It will allow one to have access to music, radio, movies, videos as well as communicate through the platform's social network services and indulge in personal and group chats, blogs, video calls etc. This communication will thus allow the sellers to advertise as well as sell their products online. All the tradings will be supported by the payment services also provided on the application. Apart, the platform tempts more users to join the crypto community and litenet by rewarding them for being an active user, watching ads and for other actions such as reviewing. Thus, each individual has some or other gains on the network.

Litenet ICO information:

The project uses LitenetCoins (LNC) tokens that are ethereum based cryptocurrencies. They will be used for all sorts of trading such as purchasing a service like music, movie, etc, for posting ads, for transfer between different users as well as for rewarding the active users. The ICO duration for the LNC tokens is schedule for the duration from 14th May 2018 to 4th November 2018.

Conclusion :

By being a one-stop destination for various routine services on the blockchain, the platform can be visioned as the perfect instance of letting the technology reach the unreachables and narrowing many gaps in its extended adoption. It really is a great alternative for the common people for being a part of the crypto community using daily services.

Website - http://www.litenett.com/

Whitepaper - http://www.litenett.com/WP_Litenett_EN.pdf

ANN - https://bitcointalk.org/index.php?topic=3412464.0

Telegram - https://t.me/Litenett_ang

Published by - coineaglebt

Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1936073

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