LYNKED.WORLD – Solving Real Life Problems in the current Digital Era
Lynked.World is a platform built upon Blockchain Technology to verify digital identity, education and professional experience. Blockchain security provides an irrefutable digitally verified block of information that is never compromised. The platform enables users to control their digital information and share directly with employers, institutions & businesses. We are moving towards a global platform that not only serves the purpose of digitalizing identities but will also become a network of trusted professionals.
Our mission is to provide a secure platform for individuals and institutions to own, control and share digitally trusted identity.
Lynked World Key features that make it different from others!
- A secure and trusted digital identity for all situations and purposes
- Peer to peer verification of any documents and data harnessing the immutability of blockchain
- A single source of truth for verified data ensuring trust and authenticity of verification
- Digital Identity based KYC process capabilities
- Retaining total control of data in the hands of the ownersand ability to share data with consent
- Removing the need of repetitive verifications for the same profile, by maintaining a clear and accessible history of verification in the blockchain
- Eliminating the need for intermediaries in the Identity and data verification steps.
- Digital Signatures on documents using Lynked.World Digital Identity
Here, at Lynked.World, our driving principle is to overcome the “trust barrier” in digital identities, data and documents with the help of our blockchain based application development platform.
Lynked.World solves critical problems faced by individuals and organizations in today’s digital world:
- An absence of a guaranteed secure and trusted identity of each individual and entity
- No common premise for Trust and Authenticity of data across various use cases
- Inefficiency and increased costs due to intermediaries involved in processes
- Inability to provide access to many kinds of services over digital platforms due to the non-secure nature of digital identity and associated data
Our platform is also intended as a one-window service through which citizens can apply for, and receive, various government-issued documents, such as birth certificates, residence permits, etc. Durgapur and Bankura Municipal Corporations in India have recently agreed to work with their citizens via the Lynked.World app to simplify and speed up the document and digital certificates procurement procedures.
Token Sale Timeline
The LYNK token sale will start on the 15th of November 2018 and continue till 10th February 2019. The entire sale has been broken down into 4 individual rounds with varying discounts to the base price (0.35 USD) for each LYNK token.
Token Sale Details
Lynked.World tokens (LYNK) are ERC20 tokens based on the Ethereum platform.
- Token Symbol – LYNK
- Initial Token Supply – 200,000,000
- Start Date for Public Sale – November 15th, 2018 (9:00AM GMT)
- End Date – February 10th, 2019 (11:00AM GMT)
- Number of tokens for Sale – 150,000,000 LYNK
- Token Exchange Rate – 1 LYNK = 0.35 USD
- Soft Cap – 5,000,000 USD
- Hard Cap – 25,000,000 USD
- Acceptable Currencies – ETH, BTC
Any Unsold Tokens after the token sale (based on the hard cap of 150 millions) will be moved to the Community Reward Pool
Additional Token Distribution
New LYNK tokens after the initial issue of 200,000,000 can only be generated from the reserves based on redemption of Lynk Boost Dollars into LYNK. Once the total number of LYNK tokens issued reaches 500,000,000 the company will initiate buyback programs to purchase LYNK tokens from open market to be able to continue the “Community Rewards System”.
Thus, Lynked.World platform allows transferring documents between users in a secure way. The variety of areas of the platform’s application is wide, and can be used absolutely in any area. A convenient user interface, a high level of adaptation to any type of device and several methods of secure information transfer will allow the project to go global.
The investments attracted during the ICO are planned to be directed mainly to the financing of the marketing campaign (50%) and technical development of the platform (30%). The project was launched in early 2017, and currently the project portal and the beta version have been launched. Till date, the number of project users reached 50000, and the number of operating organizations is more than 50. By the end of 2021, the platform will be completely refined with access to all the all planned functionality.
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