Litenett – The First Network With Decentralized Payment System on Blockchain

Introduction

Cryptographic money has possessed the capacity to introduce a simple advanced option to fiat monetary standards. Offering frictionless exchanges and swelling control, financial specialists have been sufficiently judicious to include these monetary forms in their expanded portfolios as an advantage, as the span of the market does not speak to a foundational chance. Digital currency utilizes the utilization of cryptography that guarantees high-security forms and confirms exchanges individual to every client. Henceforth, forging and unknown exchanges are difficult to accomplish.

While this upset is increasing wide acknowledgment, Litenett, another European informal community with decentralized installment framework on Blockchain for the group of onlookers of many millions clients has arrived.

LITENETT

Litenett is another European informal community with decentralized installment framework on Blockchain for the group of onlookers of many millions clients. Our undertaking enables clients to get a few administrations instantly in one application. We have joined informal organization, emissary, music and motion picture – video entrances, radio telecom and occasions on one stage. Litenett underpins in excess of 30 dialects and it is accessible on all gadgets.

Issue

Media outlets comprises of a wide range of divisions from music, films to each so agreeable radio. The methods of media albeit charming, appear to have gained no ground at all past the years. Being the huge brainy, species that we are, is changing and making new channels al that we are prepared to do??

Another tremendous issue looked by the general public regarding media outlets is the issue of inconsistency of online exchanges. With the universe of digital money, the majority have lost trust in making exchange and trades on the web. It appears to be relatively similar to venturing in the fire, considering the notorious tricks and other digital wrongdoings.

Arrangement

LITENETT is the task that understands the issues alongside the basic potential in the administrations of media outlets. The venture is controlled by the blockchain innovation and endeavors to give a stage protected and secure exchanges identified with films and music. The primary point of the venture is to give all amusement related administrations on a solitary stage to give a serving background, never saw.

LITENETT likewise bolsters online life by enabling the client to make individual substance like web journals and interface with the world on a greater level. With extra component of a courier which guarantees the wellbeing of information with the assistance of blockchain’s straightforwardness, one can make the most out of this venture.

Music and video entryways can appreciate going more intuitive by enabling the client to make buys and more through LITENETT. This would not just build the nature of the substance offered yet a backhanded chain of inputs will likewise be shaped.

As LITENETT endeavors to bring every one of these marvels under the one top of its application, questions with respect to such a significant number of exchanges are certain to rise. With the assistance of the blockchain innovation and the savvy gets, the clients can remain guaranteed of their cash and the stores. The application offers a safe wallet which is equipped for holding different digital currencies out of the span of the tricks.

The tokenization of the stage is interesting in its own particular manner. The tokens made out of the stage can work both in the crypto advertise and the genuine market.

Application highlights

The application contains a different utilitarian and enables the client to oversee content, make gatherings and microblogs.

You can see every one of the posts and remarks in your blog or gathering.

Private messages, bunch visits and channels.

You can tune in to music and compose posts, visit with companions, shop or exchange cash to companions.

Segment “Top picks” will assist you with saving the essential pages, gatherings, channels, melodies, collections, silver screens, and so forth.

Occasions line, your remarks and replies.

Companions and endorsers – across the board application.

Delivery person and worldwide system

Delivery person enables clients to convey in individual correspondence, and in addition in aggregate channel.

Voice and video calls, talks and gathering channels.

Gathering and private talks with a method of correspondence obliteration. Correspondence isn’t saved money on the server, it is spared just on members gadgets. It is difficult to duplicate, make a screen capture, spare. It can be demolished at the planned time.

Coordinate video communicates in a gathering.

It isn’t only a delegate with a high level of insurance, it is an interactive media stage for taking care of issues in regular day to day existence.

Crypto-Wallet and Global Payment Infrastructure

Multi-money Crypto-Wallet with the capacity to store and exchange crypto resources

It is conceivable to recharge and pull back assets, trade for crypto coins.

Certification of exchanges security and assets stockpiling in the wallet.

Capacity to perform benefit installment, administrations charges, to exchange assets to different clients.

Assets move to clients in crypto coins, quick trade to USD or Euro. It is conceivable to purchase merchandise and pay for administrations, make installments anyplace, to anything, in the litenett arrange, and additionally in online shops or online litenett card in installment terminals.

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. Litenetcoin is a product token.

The ICO Details

The platform is tokenized with the tokens known as LNC tokens. The LNC tokens have a market value of 1 LNC = 0.6 USD as the pre-ICO sale price and 1 LNC = 0.7 USD as the actual ICO sale price. The token is based on the standardized Ethereum wallet and the minimum investment that can be made is 0.5 ETH. The amount of investment required for the soft launch of the project is about 1,500,000 USD and the hard capital required for the dreamlike project to turn in a reality is 30,000,000 USD. The pre-ICO sale starts in early October 2018.

TOKEN DISTRIBUTION

10% Reserve

3% Rewards, Bounty: Early Supporters

3% Team

4% Founders

80% Token Buyers

ROADMAP

Q1.2013 Start of work on the project

Q3.2014 The main music portal MVP is launched

Q4.2014 Testing and working on errors

Q4.2014 Changing the project structure

Designing a social network

Start of developing new functionality

Q3.2016 Dashboards for users and companies are launched

Q4.2016 Development of portal mobile version

Q1.2017 Testing and launching functionality for companies – content management

Q2.2017 Designing mobile application for Android and iOS

Q3.2017 Testing and elaborating mobile version

Ability to upload and send photos, videos and music

Q4.2017 Launching and testing chat, correcting bugs

Testing functionality of group creating

Launching functionality of user verification

Developing “Marketplace” functionality and ability to create an online shop

Q1.2018 Start of work on ICO implementation

Preparation and implementation of Pre-ICO

Preparation and implementation of ICO

Q2.2018 Increase in personnel

Extensive work on all sections of portal

Work on monetization system (encouraging users through advertising)

Launching and testing all languages

Designing payment system and creating a next-generation Blockchain

Q3.2018 Developing of automatic advertising system

Testing of new database

Testing of online shop functionality

Launching and testing Friends section

Combining all sections and testing of platform

Working on bugs and correcting errors

Testing of mobile application for Android and iOS

Q4.2018 Launching of social network Litenett

Launching of mobile application for Android and iOS

Work on improving platform functionality

Extensive marketing campaign

Q1.2019 Network scaling for millions of users

Launching of a new Blockchain and platform transition to new payment system

Obtaining of banking license for legal financial transactions in cryptomarket

Exchanging of tokens for new digital cryptocurrency

Integrating of new digital coins with stock exchanges

TEAM

For more information, please visit:

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

Author TheJohnMatch

Mybitcointalkprofile:https://bitcointalk.org/index.php?action=profile;u=1673694

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