LipChain — Decentralized ecosystem
Goodevening readers, i will appreciate your standing by to grab what my article theme Lipchain https://www.lipchain.io/ is all about.
When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is LipChain https://www.lipchain.io/
WHAT IS LIPCHAIN?
Lip chain is a platform that will create a decentralized social network dedicated to surfing which will allow users to be paid for the content, they will publish on the app through a sponsoring system secured via smart contract. Lip chain App, relatives will be able to create pictures and videos and earn money that can be shared with the filmed athlete. Their app will also allow the organization for video contests which will pave way for reward for the best surfer. Apparently, this will bring public recognition to many more athletes than official championships do. At the long run, in the future those public celebrity will be able to earn special rewards tied to Lip wave resort and ecological surfing equipment.
The LIPCHAIN project is going to be a small but as well very impressive, since we are living in a world where everything is running really fast, people understand the reason why projects should be carried out and actualized within a very short period.
How Does LIPCHAIN Help?
LIPCHAIN is a decentralized ecosystem that seeks to address these challenges and provide surfers with sponsors, unofficial competitions, and year-round training. LIPCHAINalso provides a platform where surfers can earn tokens for participating and practicing their favorite sport while contributing to the objective of cleaner oceans.The community will also offer users with access to the global surfing and sailing community and the necessary tools required in selecting an athlete for sponsorship and providing the sponsor with smart contracts for securing the deal.
Solutions Provided By LIPCHAIN
The platform will develop an app specifically suited for surfers and sailors, integrated with a decentralized social network. The Network enables surfers to post their videos and photos and be compensated using tokens. The amount of tokens received depends on the community ratings of the video or photos. Surfers can also earn tokens by participating in contests organized within the application.
HERE ARE THE POSSIBLE SOLUTIONS THT LIPCHAIN COMMUNITY WILL PROVIDE.
• They will provide a decentralized and dedicated social network which will be basically dedicated to surfing.
The available sponsors will have the opportunity to select between:
A specific athlete or a location or zone.
Sponsors will be able to choose between either supporting the producer or the surfer.
If it happens that the surfer is the one chosen, they will receive a total of 40% and the producer will receive a sum of 20%
If on the other hand, the producer is chosen, the producer will receive 40% while the surfer will have 20%.
The first allocation of funds will be as follows:
The development of LIPWAVE pool centre will have 10% reserved for them.
The entire sponsorship will have a reserved amount of 5% which will be kept for the prices made from competition with the decentralized selection of the best evaluated athletes.
The moderator will receive a reward of 8%.
5% of the sponsorship income will be given to foundations who are in charge of the cleaning of seas and beaches.
THE ALLOCATION OF ADVERTISING REVENUE.
The Athlete/producer will have 40%.
The producer/ Athlete will be given 20%.
10% will be allocated for the development of LipWave pool.
The moderator will have 8%.
5% will be for financing of champions.
The cleaning of the sea and ocean will take 5%.
2% will be for the purchase of future contents.
• There will be a pool centre for LIPWAVE.
Availability of feasibility.
Relevance of numbers.
Presence of ecological resorts.
A total of about 50 million LIPS have been distributed already between 3,000 contributors. The token sale will go on until 15/11/2018, until the hardcap is reached.
The soft cap will have 3,000,000 USD.
The hard cap will have 20,000,000 USD.
The tokens that will be made available for sale is 210,000,000.
The bounty tokens will have 125,000,000.
Bounty will have 10,000,000.
Bonus will be made available from Monday, 25th of June by 00:00, if hard cap is not reached on time, it will close on November 11 by 23:59.
This bonus will allow you to accumulate 20 weeks, which is as well a bonus of 20%.
Character token: LIPS
The token type: ERC20
Just released tokens: 1,000,000,000
Soft Cap: 3 000 000 $.
Tokens for sale: 210 000 000
Hard Cap: 20 000 000 $.
Stage 1–21,03,2018–30,04,2018. 15% bonus
Stage 2–01,05,2018–31,07,2018 15% Bonus
Stage 3–01,08,2018–14,09,2018. 10% bonus
Stage 4–15,09,2018–14,10,2018 Bonus 5%
Stage 5–15,10,2018–15,11,,2018 Bonus 0
The price is 0,1 $
Conclusively, this platform came up, emerge and championed with its innovative move and its never-ending opportunity trying to revive surfing and the idea behind LIPCHAIN is to provide the community with best possible conditions for practicing surfing. It surely apears as the best ever in the pool of Cryptocurrency calling up clients in with endless opooortunities and best reward ever.
For more detail informations, visit:
ETH ACC. – 0x1911F0E835DA0706b783DDE62274280CE91f1F61
BTT profile link- https://bitcointalk.org/index.php?action=profile;u=2246034