Likecoin [ICO]

What is Likecoin?
LikeCoin aims to reinvent the Like by realigning creativity and reward. We enable attribution and cross-application collaboration on creative contents. With a reinvented Like button and our unique LikeRank algorithm, we trace content footprint and reward content creators by Proof of Creativity mechanism. Meanwhile, LikeCoin can only be purchased with ETH. For those who are new to the cryptocurrency, please purchcase ETH with fiat currencies such as USD, HKD or NTD at crypto exhanges. If you need any assistance, please don’t hesitate to contact us through the blue dialogue bubble at the bottom right hand corner of the token sale page.

The Problem On the Internet, rewards, and creativity are decoupled. The communities of freelance content creators and netizen journalists that produce high-quality work are huge, but they are receiving Likes and not income for their work.
The Solution LikeCoin aims to reinvent the Like by realigning creativity and reward. We enable attribution and cross-application collaboration on creative contents. With a reinvented Like button and our unique LikeRank algorithm, we trace content footprint and reward content creators by Proof of Creativity mechanism.

LikeCoin aims to reinvent the Like by realigning creativity and reward. We enable attribution and cross-application collaboration on creative contents. With a reinvented Like button and our unique LikeRank algorithm, we trace content footprint and reward content creators by Proof of Creativity mechanism. Realigning rewards and creativity In the Internet, rewards and creativity have been decoupled for long. This is especially true for independent content creators and freelancers. In the early days of the Internet, indies made money by selling their works online. All technical aspects of the Internet are now dramatically improved, yet the revenue model is not. In fact, it is worse. Content creators are not getting incomes but Likes. While some can take freelance projects and advertising jobs, such model is rather indirect. LikeCoin protocol is thus designed to monetize creative contents directly so that creators can focus on creating great contents rather than selling or looking for business models.

A LikeCoin service provider plays one or more roles among original creator, content adopter and content distributor. Original creators curate creative contents and record the data on blockchain for other content creators to use. The content creator and the service provider both get LikeCoin as an incentive when a content is Liked or Super-liked (see LikeCoin Mining Protocol). Two major original creators funded by LikeCoin Foundation will be puttyimages, an open stock image DApp (decentralized application) and blogchain.md, a blogging DApp which records each post on a LikeCoin smart contract. An example of content adopter is oice, an asset remixing storytelling editor, also funded by LikeCoin Foundation.

Project Team:

Token Details:
LikeCoin token is a utility token based on Ethereum and is ERC-20 compliant. The total number of LikeCoin token is capped at 2bil and is divided into 4 pools: token sale (600 mil), ecosystem development (200 mil), team (200 mil) and creators (1 bil). LikeCoin tokens are only exchangeable with ETH during token sale period. The standard rate is 1ETH to 40,000 LikeCoin, with optional bonus of lock up period of 6 months. Tokens will be sold in 4 stages: Early Believers (50% bonus, i.e. 20,000 extra LikeCoin per ETH), Institution (50% bonus), Early Bird (25% bonus) and Public Sale (no bonus except referral bonus). Remaining token at the end of the token sale period, if any, will be transferred to the Ecosystem Development pool.

Token LIKE
Price 1 ETH = 40,000 LIKE
Platform Ethereum
Accepting ETH
Minimum investment 0.01 ETH
Soft cap 4,200 ETH
Hard cap 12,600 ETH
Country Hong Kong
Whitelist/KYC KYC
Restricted areas USA, China

Verdict:
As technology evolves, everyone with a smartphone is a content creator of some sort. In particular, some photos taken by smartphones may have quality and resolution as high as single-lens reflex cameras. The crowds of freelance content creators and citizen journalists are huge and the market demand is extremely high. Once rewards and creativity are realigned, an explosive potential will be unlocked. The LikeCoin team are employees of the Foundation or her subsidiaries, and will be managing LikeCoin protocol as an open source project under GPL 3.0 license. Contents created by the Foundation, including this whitepaper, will be licensed in Creative Commons.

Important links:-
Website: https://like.co/
Whitepaper: https://like.co/in/whitepaper
Telegram Group: https://t.me/likecoin
Twitter: https://twitter.com/likecoin_fdn
Facebook: https://www.facebook.com/likecoin.foundation
ANN: https://bitcointalk.org/index.php?topic=3205270
Bounty: https://bitcointalk.org/index.php?topic=3093917