Fairloris’ Mission
The main goal of our project is to offer any user the opportunity to comment on the web page content, improving it and, thus, earning our crypto currency.
Why is this necessary?
In any system where the amount of content has exceeded the certain boundary, its moderation is rather complicated or not conducted at all. Currently users of social networks and other systems with the large amount of information are weakly motivated to generate high-quality content helpful to other users. The main incentive is the random response of the community members. At the same time, neither the website administration, nor group, nor users themselves are concerned with the truthfulness, quality of writing, and in addition there are more and more fraudulent websites publishing pseudo-positive comments, so users who install the Fairloris plug-in will be always able to read/add real feedbacks and comments to such pages, and the owner of any fraudulent site will not be able to remove or manipulate reviews.
Fairloris brings the user content on the new level, and finally, the entire information offered on the Internet!
Attractiveness of the project
Fairloris has the potential to become as significant as the Twitter and Facebook, opening up new opportunities for users to evaluate and comment on any content, for example: individual goods at online stores, auctions, any certain pages and images posted on any websites on the Internet.
The Fairloris plug-in uses a single entry point (authorization) for all Internet pages. To use it, you only need to sign up and log in the system once via any social network, for example, via the Facebook (logging via all significant social networks is proposed to be added).
Fairloris will motivate the content creators (site owners) to improve their quality since they won’t be able to delete or handle comments and reviews to their content and the use of the crypto currency will encourage active users who comment to evaluate in a more thoughtful and truthful way since earnings directly depend on their ratings.
The option of project monetization through advertising, using the example of Face book and Twitter, that will result in the rapid increase in the liquidity of our token.
The convenience and ease of Fairloris installation as the browser application (will be available for all browsers, including mobile ones) for ordinary users will take the project to the new level and social significance.
Implementation of investment tokens within ICO
Fairloris ICO will be launched on the Ethereum platform. For investors, a limited number of LORI investment tokens will be issued (release of tokens is limited by the ICO closing date) with the fixed minimum cost of 0.01 ETH for 1 LORI, intended for investors who bought tokens during the Pre-ICO and ICO phase; in future, they will receive dividends on ЕТН once in 6 months starting from May 1, 2019 in proportion to the percentage of total weight. For example, the investor has 1% of LORI tokens of the total weight, and respectively, when calculating dividends, he/she receives 1% of the amount allocated for dividend payment. The amount to be allotted for dividend payment will be formed as follows: project revenue for 6 months, less all project costs. All figures and statistics on the project’s expenses and revenues will be available in the investor’s personal account (this function will be implemented before December 25, 2018). The Project/Tokens for investors will be monetized by withdrawal of tokens to the exchange, introduction of advertising on the service (dividends to investors on profits), and strengthening of the crypto currency as the number of active users increases and its price increases in the event of sale on stock exchanges.
• Pre-ICO Start: October 10th, 2017 at 2:00 p.m. GMT, October 24th, 2017 at 2:00 p.m. GMT
• ICO: November 10th, 2017 at 2:00 p.m. GMT
• Closing date: December 4th, 2017 at 2:00 p.m. GMT
• Goal: 15,000 ETH
• Name of the investment token: LORI