The first of them is that a large number of people do not even know about their existence, and if they do, they have only a vague idea about them, which does not allow ICO projects to gain a wide market. Secondly, due to the high variability of the cryptocurrency exchange rate, which can reach 4-15% or more per day, it makes it difficult to use them to pay for services or purchases - not every entrepreneur agrees to take such financial risks. And the cryptocurrency assets, despite the apparent benefits of use, such as business loyalty programs and user bonuses, have left their potential undiscovered. The LivenPay platform is designed to deal with this problem.
What is LivenPay
The goal of this project is to integrate cryptocurrency into a convenient system for paying for everyday services. The program is a unified network with its own reward system for using cryptocurrency as a means of payment. Cryptocurrency assets will also be integrated.
The LivenPay technology consists of several components:
- Own payment gateway, including smart contacts, internal token and reward system;
- Exchange of these same tokens: both internal and external;
- End-user;
- A wide variety of service providers - restaurants, cafes, grocery and electronics stores, various charitable foundations.
Benefits
All of the above elements will be combined into a network created by the project called LivenNetwork. Within this network, consumers will be able to pay for services, and suppliers will receive certain benefits for it. The payment means will be the token LVN, which will be possible to translate into the currency of most countries according to their exchange rate in the international market. The supplier has the opportunity to choose the accepted currency.
The developers are planning to release 10 billion coins, the sale of which began in October last year. At the moment, the cost of one coin is $ 0.015. The minimum amount of the fee for the support and development of the project is 10 million dollars, the maximum is 28 million dollars.
The value of the LVN token will increase in proportion to the entry of new entrepreneurs into the network, which will allow not only to get more benefits, but also to popularize the platform.
For consumers, cashback is provided for all purchases if the payment is made by a mobile application, which allows you to spend the accumulated funds for a more expensive purchase, a discount for lunch at establishments connected to the LivenPay network, or even for selling these most returned coins. This brings benefits to the business included in the network, because due to such bonuses, users will continue to apply to their establishments.
For charitable foundations, inclusion in LivenNetwork will allow you to receive funds directly from donors without commissions and further money management costs.
We recommend to pay attention to the White Paper Project, which is available at this link .
Project partners
Conclusion
Turning on cryptocurrency to pay for everyday services with cashback bonuses for customers and attracting a large number of customers and increasing profits for businesses has the potential of using LivenPay . This will get rid of all the inconvenient financial costs of simple financial calculations, at the same time, even without the necessity of studying the blockchain technology. If this project does not gain world fame, it will certainly be a big step into the technological future.
Official resources of the LivenPay project:
WEBSITE: https://livenpay.io
WHITEPAPER: https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN-WhitePaper(EN).pdf
TELEGRAM: https://t.me/livenpay
ANNTHREAD: https://bitcointalk.org/index.php?topic=5064715.0
FACEBOOK: https://www.facebook.com/livenpay
TWITTER: https://twitter.com/livenpay
MEDIUM: https://medium.com/livenpay
REDDIT: https://reddit.com/r/LivenPay
INSTAGRAM: https://www.instagram.com/livenpay/
YOUTUBE: https://www.youtube.com/user/livenaustralia
LINKEDIN: https://www.linkedin.com/company/liven/
GITHUB: https://github.com/livenpay
Author Profile:
Bitcointalk Username: yousufatikbd
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2443056
Ethereum Address: 0xd552f04b7adb5ef66b1c336bc0ae82aa0fca0f37