Litenett - Social Network with Decentralized Payment System based on Blockchain

in cryptocurrency •  6 years ago 

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Litenett is a new European social network with decentralized payment system on Blockchain for the audience of hundreds of millions users. This project allows users to get several services immediately in one application. Litenett has combined social network, messenger, music and movie - video portals, radio broadcasting and events on one platform. The Litenett project is a next generation multimedia social network, supporting more than 30 languages with a payment system based on blockchain technology. This project is intended primarily for European and English-speaking audiences. Litenett allows users to get multiple services in one application at once.

App features

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The app contains a various functional and allows the user to manage content, create groups and microblogs. You can see all the posts and comments in your blog or group. Private messages, group chats and channels. You can listen to music and write posts, chat with friends, shop or transfer money to friends. Section "Favorites" will help you to save the necessary pages, groups, channels, songs, albums, cinemas, etc. Events line, your comments and answers. Friends and subscribers - all in one app.

Messenger and global network

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Messenger allows users to communicate in personal correspondence, as well as in group channel. Voice and video calls, chats and group channels. Group and private chats with a mode of correspondence destruction. Correspondence is not saved on the server, it is saved only on participants devices. It is impossible to copy, make a screenshot, save. It can be destroyed at the scheduled time. Direct video broadcasts in a group. It is not just a messenger with a high degree of protection, it is a multimedia platform for solving problems in everyday life.

Crypto-Wallet and Global Payment Infrastructure

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Multi-currency Crypto-Wallet with the ability to store and transfer crypto assets It is possible to replenish and withdraw funds, exchange for crypto coins. Guarantee of transactions security and funds storage in the wallet. Ability to perform service payment, services fees, to transfer funds to other users. Funds transfer to users in crypto coins, fast exchange to USD or Euro. It is possible to buy goods and pay for services, make payments anywhere, for anything, in the litenett network, as well as in online shops or online litenett card in payment terminals.

Litenetcoin Token (LNC)

Litenetcoin (LNC) - is a utility-token of Litenett ecosystem. This is an open source cryptographic token implemented on the Ethereum blockchain platform. It is the main accounting unit within the Litenett platform. Tokens of the project - Litenetcoin (LNC) ERC20 will be created on the Ethereum platform, and the planning is to only issue 300 million coins with a nominal price of $1 each. Additional tokens will not be created and their maximum number will never exceed the specified number. Unsold ERC20 tokens will be eliminated.

Token Application

Token is a means of payment within the portal. Users receive Token rewards for managing of groups, blogs, etc. Users receive Token rewards for viewing ads. It is possible to pay for advertising with Token by getting a big discount. Token can be transferred and exchanged between users. It is possible to perform service payment or pay for services only with Token. Users can exchange Tokens, received as a reward for viewing ads, for managing groups, and other social activities, for fiat money and withdraw them to their own account. Advertisers buy tokens when paying for advertising. Portal buys tokens from other token holders to pay a reward. Any transactions inside the platform are possible only with token. Tokens are accepted as payment for various services, for exchange for Euro or USD. Litenetcoin token can not be classified as a tradable financial asset because it does not entitle Token holders to receive profit, or to own part of the company or part of the project. Litenetcoin Token is absolutely legal, as well as gift card in a shop.

Token sale

Ways of purchasing Litenetcoin token (LNC):
• buy during a pre-sale or ICO;
• receive as a reward for participation in bounty program;
• receive as a reward for participation in referral program;
• earn on Litenett platform, by viewing (listening) advertising or committing certain activities in the social network.

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ICO

Tokens are offered with a bonus discount only during an advertising campaign conducted within the framework of the initial coins placement, which will take place in several stages: 14 May 2018 to 05 November 2018. The minimum amount that we plan to raise as a result of token sale is $1.5 million (Soft Cap). If the total amount received during ICO is less than $1.5 million, the collected funds will be returned to the buyers. If this amount is collected, but the charges are still minimal, all funds will be used only for refinement of the project with more than previously estimated, cost optimization. Termination of fundraising is triggered upon the sale of all 80% (240 million) of the tokens, which should be $30 million, or at the end of ICO. Unsold tokens will be eliminated.

For more information visit the links below:
Website: http://www.litenett.com/
Whitepaper: http://www.litenett.com/whitepaper.pdf
Telegram: http://t.me/litenettcom
Facebook: https://www.facebook.com/litenettcom/
Twitter: https://twitter.com/litenettcom

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