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LivenPay - Spend and Earn Cryptocurrency Instantly

LivenPay - Spend and Earn Cryptocurrency Instantly
Tuesday 29 January 2019
Despite the rapid growth in the popularity of virtual currencies, their use in everyday life remains a challenge. The main reason for this is the high level of volatility of digital assets, which does not allow them to be used as a reliable means to pay for goods and services. It is worth noting that not every market participant is ready to accept cryptocurrency as payment, as fluctuations in its value per day can range from 7 to 15 percent, thereby creating a very high risk for the income of the entrepreneur.
In addition, crypto-currency assets, which were created to improve the lives of ordinary consumers, provide privileges for business owners through the convenient use of loyalty programs and simplify the process of payment for goods and services, could not realize their potential.
A new step in the development of market relations will be made by the LivenPay project, which will provide convenient use of cryptocurrency for payment for goods and services with the use of loyalty programs.

Project objective

The main goal of the developers of LivenPay is to create a unique network for payment for goods and services with its own reward system, which allows ordinary consumers to use digital assets as the main means of payment on a daily basis.

Principle of operation

The platform ecosystem will consist of the following elements:
  • Liven - payment gateway with reward Protocol and built-in smart contract token;
  • consumers;
  • salespeople;
  • restaurants and cafes;
  • ecommerce store;
  • charitable foundation;
  • external token exchange.
The solution to all the above problems will be the project's own network called LivenNetwork. Within the framework of this network, users will be able to pay for goods and services using internal tokens of the LVN platform, which, if necessary, will be automatically converted into Fiat money in accordance with the exchange rate used in the international market. The type of currency accepted will be determined by the institution providing goods and services. It is important to note that the value of LVN coins will increase as new partners join the network, ready to provide their services within the framework of the platform, which will cause the participants of the platform to use the tokens of the platform for payment.
When you pay for goods and services in the partner institutions with the help of mobile applications LivenPay consumers will get into your account part of the money spent. Obtained in this way coins can be used to:
  • reducing the amount of the bill when paying for lunch in a restaurant or buying goods;
  • charities;
  • accumulation of funds for the purchase of expensive goods included in the wish list;
  • coin trading.
It is important to pay attention to the fact that business owners will be able to increase their income, as users of the LivenPay application will apply to their institutions.
Charitable organizations will also benefit from joining the LivenPay platform, as they will be able to receive funds directly from people, thereby reducing administration costs and increasing their efficiency.
The main means of payment of the site will be LVN tokens, which can be purchased during the ICO.

Dates and details of the ICO

The developers intend to release 10 billion coins, of which 3 billion LVN will be sold during the crowdsale. The public sale was launched in October 2018 and continues today. The cost of the 1st LVN is $ 0.015.
Softcap project - $ 10 million, hardcap - $ 28 million.
The distribution of tokens is as follows:

Conclusion

An application that allows you to use cryptocurrency in everyday life to pay for goods and services with the possibility of using loyalty programs will attract a huge audience. LivenPay will be beneficial for both business owners and ordinary users. First, this application will bring huge profits by increasing the audience of customers, and the second – the ability to use digital assets without having to study all the subtleties of Blockchain technology and the world of digital assets.
At the moment, the project has already reached the softcap and released a beta version of the application, which is used by more than 400 thousand people. Therefore, investing in this project is not only profitable, but also safe.

Official resources of the project LivenPay:



AUTHORSHIP:
GPScrypto

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