Backgroun of LivenPay
A Stable Cryptocurrency backed by brick and mortar businesses, and ready to spend at thousands of merchants on launch day.
To launch our new product, we will be creating our own digital currency: LivenCoin, or LVN for short. For users of the Liven Cash system, credit will be migrated across in fiat value for the launch of the new Liven, and all of the features people love about Liven Cash will remain, plus new features and facilities enabled by transitioning to a true digital currency.
LVN will function as an intrinsic store of value across our network, and will have it’s own internal exchange rate backed by the volume of transactions made in real, brick-and-mortar businesses. This means each token has a guaranteed purchasing power at over a thousand real businesses on launch day — regardless of any arbitrary value the community may place on them. Users will be able to transact in fiat currency (AUD, USD) or LVN at all partnered merchants, and will receive LVN for transacting as part of the intelligent rewards network that we’ve built over the last 4 years. Merchant partners will be paid in fiat currency, or, if interested, can opt to receive payments entirely in LVN. To add to these functions, we will be reinventing our platform for giving, offering a decentralised way for consumers to directly influence the causes they care about — through a smart contract that brings never before seen transparency to the world of charity.
Australian ICO looks globally
With the imminent launch of our new cryptocurrency, LivenCoin (LVN), Liven‘s sights are set on global expansion, and international travellers are set to reap the rewards. Liven’s Ethereum ERC20 coin will be powered by blockchain technology, allowing for a transparent, public ledger that makes transferring money and buying food overseas a seamless transaction.
Already a pioneering dining rewards app within the Australian hospitality market, with more than 1,000 businesses and over 200,000 consumers on board, the natural next step for Liven is to take our successful model overseas. Plans are in the works to launch the platform in the US and UK, with Liven poised to stake its claim on the $US3.5 trillion global hospitality market, as detailed in the forthcoming Liven whitepaper.
Details of LivenPay Token
We will be conducting a global-scale token generation event; minting a single release of 10,000,000,000 LVN to be used indefinitely for our closed loop economy. Small portions of this supply will be allocated to strategic vested reserves, founders, shareholders, and advisors. A larger sum will remain locked in our platform’s ‘reward pool’ — the backbone of our intelligent rewards mechanism. These reserves act to both stabilise the value of the currency internally and externally, and to facilitate the reward functions that define our platform.
The remainder of the tokens minted — 3 billion LVN; will be sold in tiered tranches privately to stakeholders, businesses and friends, then publicly to enthusiasts, users, and believers alike. The total sale amount is set to a maximum of $28,000,000 USD. Everyone can request access to the private sale, but will have to provide ample proof-of-care (non-monetary contribution to the team and platform that shows a commitment to the cause.) On the day of platform launch this year, any buyer will be able to spend their LVN tokens at thousands of Liven partner merchants via the LivenPay platform.
Liven is excited to be closing out final public sale requests and preparing to open up the purchase of LVN tokens to the general public. The LivenCoin ICO has been in the private stage since May 2018.
On the day of platform launch this year, any buyer will be able to spend their LVN tokens at thousands of Liven partner merchants via the LivenPay platform.
Further details on the launch of the LVN coin, ICO opportunities and Liven’s international expansion strategy will be detailed in the soon to be released Liven whitepaper. More info can also be found on our Telegram channel, or our ICO website
More update information about LivenPay please check link below
ICO Website: https://livenpay.io
Whitepaper: /whitepaper
Download The Liven Wallet: https://liven.com.au
Medium: https://medium.com/@livenpay
Twitter: https://twitter.com/livenpay
Instagram: https://instagram.com/livenpay
Facebook: https://facebook.com/livenpay
LinkedIn: https://linkedin.com/company/liven
YouTube: https://youtube.com/channel/UCvDIq73Sl7GLdYmLJPfT0zQ
Reddit: https://reddit.com/r/livenpay
Whitepaper: /whitepaper
Download The Liven Wallet: https://liven.com.au
Medium: https://medium.com/@livenpay
Twitter: https://twitter.com/livenpay
Instagram: https://instagram.com/livenpay
Facebook: https://facebook.com/livenpay
LinkedIn: https://linkedin.com/company/liven
YouTube: https://youtube.com/channel/UCvDIq73Sl7GLdYmLJPfT0zQ
Reddit: https://reddit.com/r/livenpay
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