LIFE, a project to HODL onto

Many of us wish we had gotten into crypto space before ETH went from cents to $5 and then to $300 and when NEO went from under ten cents to $50!

The project that we are reviewing today is not in the ranks of ETH or NEO but is a more comparable project with Ripple.

BACKGROUND: “LIFE is digital cash, like the cash in your online bank account. It functions as a reward system for large businesses, charities, communities and innovation projects. It can be bought, sold and traded like shares or can be used to purchase items from a growing number of retailers.”

Everyone remembers when RIPPLE was less than a cent and everyone talked about how its total supply was a big turn off and it soared 100s of times right in front of all nay-sayers!

Of course it took two things: PATIENCE & PROGRESS.

IF LIFE team pulls off their goals this could be as or much bigger than Ripple. LIFE is a cryptocurrency that has been in works since 2016.

In terms of progress, LIFE has just announced today (21st November 2017) that their plan to issue debit card will be underway and they are going to offer incentives to early adopters of their cards.

There is also a strong rumor about them being listed on Bittrex, if that happens, it will result in short-term gains for the early adopters, however, we believe the true value of LIFE will be apparent once their wallet and debit card become fully functional and they get into some decent partnerships on top of what they have at the moment.

Their community is growing strong every day and anyone who has invested some time learning about their goals, their game plan are convinced that this will be one of decent projects. They are already part of Enterprise Ethereum Alliance. They have listened to the community requests to move away from coinexchange.

TEAM: “Sam Volkering is editor and investment advisor at Port Phillip Publishing and Southbank Investment Research. He’s spent over seven years directly involved in cryptocurrency and over a decade in private investment advice.” Iain Stewart-Bridges, Alistair Hammond, Karl Higbee and Darren Talbot are all co-founders of the LIFE project.

While they have a decent plan in place and grand ambition, I am am left wanting to see more depth in their team from a block-chain space experience (most of them have experience crypto-investing space).

They have already got some players on board to accept LIFE as medium of exchange, this is a good first step to get use case established.

COMPETITION: Many companies have been in the crypto-space and are targeting each of the spaces, namely, crypto-currency, wallet and debit card. However, most of them lack one or more of the quality aspects like: team, good plan, road map, connections and reach.

CAVEAT: They may fail to execute their goals and this project could bite the dust OR they can get into good partnerships and become a household name in the crypto-space.

Project: LIFE (Lifelabs.io)
Symbol: LIFE
Price today: .00033
Trading on: HitBTC (soon to be delisted from coinexchange.io)
Buy price: anything under .00075
HODL Period: 6 months for short-term and 2 years for long-term
HODL gain anticipated: 150% to 300% for short-term and 500% to 1000% for long-term
White paper

Not an advice. Do your own research before investing. Crypto space is very volatile, don’t invest more than what you can afford to lose.

Exclusively written for QRIP Group
Quality. Patience. Exponential gains.

Full disclosure: we picked LIFE for review not knowing that they have bounty. While referring to their site/whitepaper we have learned about their bounty program. Bounty has NO impact on the content of this article!