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LivenPay - Instantly Spend And Earn Cryptocurrency App

LivenPay - Instantly Spend And Earn Cryptocurrency App
Thursday 28 March 2019

What Is LivenPay?

Liven is a blockchain-based food economy for everyday use. The platform will act as a mobile payments gateway and ecosystem designed for the food and beverage industry. Through Liven, users can discover restaurants and make instant mobile payments while earning LVN, which is the platform’s utility token. Liven aims that through its services it will be able to solve the shortcomings of cryptocurrencies such as price volatility, complexity, and difficulties in integrating it with other financial systems.
The Liven platform will feature Point of Sale integration, a LivenPay API that facilitates the smooth adoption of the platform by ordinary people and makes it more accessible for consumers, and businesses as it can carry out thousands of merchant fiat or cryptocurrency transactions.

How LivenPay Cryptocurrency App Works

The Liven ecosystem is made up of users, merchants, e-commerce, external token exchanges, charities, and the Liven platform. The ecosystem will bridge the gap between cryptocurrencies and daily customer transactions through its reward-based token economy where users are rewarded for all the transactions they make on the network with the Liven merchants.
For example, when a user purchases a meal through the Liven platform and pays the bill through the Liven mobile application that is linked to their bank accounts, the user will receive a percentage of the total amount paid as reward. Smart Contracts will govern the Liven’s decentralized rewards protocol in order for the rewards to be distributed regardless of the LVN supply, thus providing the platform with stability. The user has the freedom to use the reward, store in their Liven wallet or donate it to one of the nominated charities.

Free Listing

Merchants on the Liven platform will receive exposure on the platform by listing their venues free. However, they will have a success-based service fee, which is usually a percentage of the transactions processed on the platform.
Liven will also provide its users with the access to the dual market system that processes thousands of fiat and cryptocurrency transactions and rewards the users with LVN tokens. Merchants on the Liven network have the freedom to decide if they would like to be paid in fiat currencies or in LVN tokens regardless of what payment method the used by the user.

LivenPay Benefits

Charitable Fundraising

Charities will have access to potential donors on the Liven platform since at the end of every transaction users will receive the option of forwarding their LVN reward directly to a non-profit organization of their choice.

Transparent Conversion Rate

LivenPay has a transparent LVN to Fiat conversion rate, which enables users to know the amount of goods and services that the LVN tokens can purchase at any given moment. The transparent conversion rates also ensure that the value of LVN does not fluctuate frequently.

Existing Payment Network

Currently, there are over 1000 business enlisted on the Liven platform with more than 400,000 consumers purchasing food using the network with a dedicated reward protocol, which is not the case for most of the blockchain projects.

LivenPay LVN Token ICO Details

Parameter Of The ICO

  • Token: LVN
  • Token protocol: ERC20
  • Total token supply: 10,000,000,000 LVN
  • Supply during ICO: 3,000,000,000 LVN
  • Token price: 0.015 USD
  • Accepted currencies: USD, AUD, ETH
  • Soft Cap: $10,000,000 USD
  • Hard Cap: $28,000,000 USD

News

Official resources of the project LivenPay:

AUTHORSHIP:
GPScrypto

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