LivenPay (LVN) : The world’s first international food economy, powered by means of the blockchain.

in #cryptocurrency • 6 years ago

LivenPay is the first decentralized meal serving community that is connecting meal sellers and buyers. Sellers will be able to come up with homely and cheap ingredients for their buyers at low cost, with minimum intermediation and make bigger the cost of their business. LivenPay permits stakeholders to transact on the platform and provides cost to their business and network.

The Liven Network affords a feasible solution to the aforementioned problems, bridging the purposeful hole between cryptocurrency and consumer-to-business transactions by way of seamlessly integrating a reward-based token economic system into the market leading consumer fee platform.
Liven currently operates a repayments ecosystem that rewards users for every transaction they make within the network of Liven merchants. A meal by means of paying for them consignment through the Liven cell app thru a linked credit or debit card. Upon payment, the person straight away receives a percentage of their credit, salary ning Liven Cash ’which they can, at present, donate to a nominated charity or maintain in their Liven Cash wallet. If not donated, this is Liven Cash users account, and they can put it closer to them next bill when dining at any Liven partnered venue, settling the whole bill with Liven Cash or in combination with their linked card.

The new and updated Liven Platform pursuits to furnish a dual market system to system transactions in fiat currencies and the Ethereum ERC-20 LVN Tokens at hundreds of associate retailers on launch day, whilst beneficial customers with LVN Tokens. Merchants can opt for to be paid in either LVN or fiat
currency - regardless of the user’s desire of fee method. We believe these factors, in combination with our internal economic model, will create a practical and user-friendly
cryptocurrency primarily based on a working mannequin that is ready for immediate public adoption at launch, and is insulated from manipulation and volatility at the core of it’s diagram immediate
public adoption at launch, and is insulated from manipulation and volatility at the core of its design.

Project objective
The important aim of the builders of LivenPay is to create a special community for price for goods and services with its very own reward system, which approves regular consumers to use digital assets as the main ability of payment on a daily basis.

Principle of operation
The platform ecosystem will consist of the following elements:

  • Liven - price gateway with reward Protocol and built-in smart contract token;
  • consumers;
  • salespeople;
  • restaurants and cafes;
  • ecommerce store;
  • charitable foundation;
  • external token exchange.

The answer to all the above troubles will be the project's very own network referred to as LivenNetwork. Within the framework of this network, users will be able to pay for items and services the usage of internal tokens of the LVN platform, which, if necessary, will be robotically transformed into Fiat money in accordance with the trade fee used in the global market. The kind of foreign money ordinary will be decided with the aid of the group presenting items and services. It is necessary to notice that the cost of LVN coins will expand as new companions be part of the network, ready to grant their offerings inside the framework of the platform, which will purpose the members of the platform to use the tokens of the platform for payment.

When you pay for items and offerings in the partner institutions with the assist of cellular applications LivenPay consumers will get into your account section of the cash spent. Obtained in this way cash can be used to:

  • reducing the amount of the bill when paying for lunch in a restaurant or shopping for goods;
  • charities;
  • accumulation of money for the purchase of expensive goods protected in the want list;
  • coin trading.

Token Generation Summary
Instrument : LVN
Token Type : Ethereum ERC-20
Token Issuer : Liven Pty Ltd ACN 161 315 519
Total Supply : 10 billion (10,000,000,000) LVN Tokens
Reward Cache : 30% (3,000,000,000) LVN Tokens
Available for Sale : 30% (3,000,000,000) LVN Tokens
Reserve Tokens : Instrument 15% (1,500,000,000) LVN Tokens
Incentive Tokens : 25% (2,500,000,000) LVN Tokens

Initial Token Sale
Total Tokens for Sale 3 Billion (3,000,000,000) LVN Tokens
Token Price 0.015 USD/LVN
Accepted Currencies USD, AUD, ETH
Target Raise USD$28M
Indicative Timeline

  • Presale Offer Period 4 ~ 6 month before the Presale Offer Opening Date
  • Public Sale Open Date 2 ~ 4 weeks after the Presale Offer Closing Date
  • Public Sale Closing Date 6 ~ 8 weeks after the Public Sale Opening Date
  • Expected Date of Token Generation 2 ~ 4 weeks after the Pubic Sale Offer Closing Date

For more Information :

LivenPay : https://livenpay.io
Telegram : https://t.me/livenpay
Medium : https://medium.com/livenpay
Liven Blog : https://blog.liven.com.au
LivenPay Blog : https://blog.livenpay.io
Github : https://github.com/livenpay
Whitepaper : https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN-WhitePaper(EN).pdf
Reddit : https://reddit.com/r/LivenPay
Facebook : https://facebook.com/LivenPay
Instagram : https://instagram.com/livenpay

Author : remuy24

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