LITENETT: THE FIRST NETWORK WITH DECENTRALIZED PAYMENT SYSTEM ON BLOCKCHAIN
WHAT IS SOCIAL NETWORK LITENETT?
Litenett.com is a new European social network with decentralized payment system on Blockchain for the audience of hundreds of millions users. Our project allows users to get several services immediately in one application. We have combined social network, messenger, music and movie – video portals, radio broadcasting and events on one platform. Litenett supports more than 30 languages and it is available on all devices.
- Friends and chats
- Blogs and microblogs
- Personal Pages
- Income on subscribers
- Online Shop
- User Encouragement
- Music online
- Music purchase
- Music download
- Playlists creating
- Opportunity to share with friends
- Radio and podcasts
- Groups and artists
- Releases and music catalogue
Video and Movie Portal
- Video download
- Video blogs creating
- Earnings on Views
- Films schedule programs
- Tickets booking system
- Tickets purchase
- Movies online
- Payment system on Blockchain
- Thousands of transactions per second
- Separate Dashboard
- Deposits and withdrawals without %
- Top cryptocurrencies
- Secure wallet
- Low transaction fees
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
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
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.
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.
LEADING SOCIAL NETWORKS EARN AVERAGELY 8-10 EUROS PER USER ANNUALLY
We calculated the average planned profitability of Litenett social network , depending on the growth of the audience:
- With an audience of 10 million per month (120 million per year) at a rate of € 3.0 per user – the profit will be € 360 000 00 million.
- With an audience of 20 million per month (240 million per year) at a rate of €3.5 per user – the profit will be €840 000 00 million.
- With an audience of 30 million per month (360 million per year) at a rate of €4.0 per user – the profit will be €1 440 000.00 million.
Up to 30% of the company’s profits will be allocated to pay users for viewing ads and for other activity programs. Token turnover inside the platform will be from 9 to 430 million Euro already in 2019.
- 10% Reserve fund
- 3% Rewards, Bounty: early supporters
- 3% Team
- 4% Founders
- 80% Tokens Buyers
PROJECT LITENETT IS, IN FACT, A LARGE MEDIA RESOURCE WITH ITS OWN PAYMENT SYSTEM AND CONSUMERS UNITED IN A SOCIAL NETWORK.
Our monetization model covers such areas as Music, Radio, Podcasts, Cinema, Video, and has a platform for people’s diverse communication with the ability to create personal pages, groups, videos and microblogs
In order to attract to us as small and also the largest media market players, we have created opportunity to manage their own products for music companies, cinema networks, radio stations and event companies. Having verified access to the common database, each company can independently, without intermediary services, deliver its products and services directly to the user through our platform, which will significantly reduce their expenses.
- 25% Project development
- 25% Marketing and promotion
- 25% Reserve fund of the company for self-financing after the Project launch
- 15% Creating a payment system, obtaining a banking license for legal financial transactions
- 10% Research and development of new technologies in Blockchain field
Global infrastructure of crypto payments
In order to pay for goods or pay for a service with cryptocurrency, you need to convert existing crypto coins into Eurocoin (EURC) or Dollarcoin (USDC) which rate is tied to Euro and USD rate
Thanks to modules and applications that can easily be integrated into any online shop, website or payment terminal, Eurocoin and Dollarcoin will be accepted as payment, as well as fiat money. Without entering stock exchange or exchanger, it will be possible to exchange Cryptocurrency on your balance in real time without losing interest on exchange
The internal system will be connected to several exchanges. You choose the best rate and sell coins, getting in exchange Eurocoin or Dollarcoin, which can be used as payment for a purchase. The entire transaction will take a couple of seconds and similar operations will be available on any device. Also Eurocoin and Dollarcoin can be withdrawn on a card in Euro or in USD. It can be used for payment for purchases and withdrawals of funds in any ATM in any country.
Alexej Karpov: CEO – Lead Engineer & Founder
Valdemar Degner: Analyst and marketer
Elena Degner: Financial Analyst and Advisor
Lilia Bauer: Content manager & contacts with customers
Roman Romanchenko: Lead developer & Engineer
Vladimir Dzyubanov: Lead developer & Project developer
Alexey Seleznev: Web Designer & Project developer
Albina Chernozhukova: Frontend developer
Vitali Karpov: Java developer & system administrator
- Start of work on the project
- The main music portal MVP is launched
- Testing and working on errors
- Changing the project structure
- Designing a social network
- Start of developing new functionality
- Dashboards for users and companies are launched
- Development of portal mobile version
- Testing and launching functionality for companies – content management
- Designing mobile application for Android and iOS
- Testing and elaborating mobile version
- Ability to upload and send photos, videos and music
- Launching and testing chat, correcting bugs
- Testing functionality of groups creating
- Launching functionality of user verification
- Developing “Marketplace” functionality and ability to create an online shop
- Start of work on ICO implementation
- Preparation and implementation of Pre-ICO
- Preparation and implementation of ICO
- Increase in personnel
- Extesive 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
- Developing of automatic advertising system
- Testing of a new database
- Testing of creating an online shop functionality
- Launching and testing Friends section
- Combining of all sections and testing of platform
- Working on bugs and correcting errors
- Testing of mobile application for Android and iOS
- Launching of social network Litenett
- Launching of mobile application for Android and iOS
- Work on improving platform functionality
- Testing of cryptocurrency wallet
- Testing of payment system
- Extensive marketing campaign
- 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
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