The project is an application that permits an individual to use cryptocurrency in everyday life to pay for goods and services with the possibility of using loyalty programs will attract a huge audience. LivenPay will be beneficial for both business owners and ordinary users. First, this application will bring huge profits by increasing the audience of customers, and the second – the ability to use digital assets without having to study all the subtleties of Blockchain technology and the world of digital assets.
Principle of operation
The platform ecosystem will consist of the following elements:
Liven - payment gateway with reward Protocol and built-in smart contract token;
consumers;
salespeople;
restaurants and cafes;
ecommerce store;
charitable foundation;
external token exchange.
Liven will create a payment gateway SDK that can be deployed by third parties directly into their own applications and websites, allowing LVN to be spent and earned during the checkout process.When a consumer makes a purchase through these third party platforms and comes to the checkout phase of the transaction, they will be given the option to pay with LivenPay in a fashion that is reminiscent of paying with PayPal.
Liven has secured contractual agreements with each partnered venue to receive a percentage of any user spending at that venue as a marketing commission.The LivenCoin serves a number of utilities in the ecosystem but its main functions are facilitated by two major parts of the ecosystem: the Rewards Wheel on the one side and the Donation Wheel on the other.
Roadmap
Q2 2017 - LivenPay Beta Launch
Beta launch of fiat mobile payment product (LivenPay) enabling consumers to make incentivised mobile payments at point of sale in Melbourne and Sydney, Australia.
Q4 2017 - Major Brand Partnerships and Milestones
Signs payments partnership with major Australian and international retail brands (300 stores). Major product update - new payment flow, one-tap quick payments, curated discovery system, and GPS enabled payment security features.
Q1 2018 - Beta Completion
Completion of LivenPay beta payments trial with retail brands, commence development on full product release.
Q2 2018 - Blockchain Transition Announced
Announcement of blockchain-based network cryptocurrency - LVN, to replace the existing LivenCash;
POS Integration
Liven integrates with several of Australia’s most prominent point-of-sales providers to further increase our technical merchant reach, improve the smoothness of the payment experience and increase our data gathering capabilities.
Q3 2018 - Alpha Launch
Major product release featuring new codebase, entirely rebuilt user interface, alpha ‘LVN Wallet’, bluetooth iBeacon proximity sensor for payment security maximisation. More brands join and development of functional cryptocurrency wallet commences.
Q4 2018 - ICO
Conduct an ICO on the back of major success with over 1,000 business partners and a user base surpassing 350,000, beta testing crypto-payment solution;
100,000 Venues: POS Integration Milestone
Achieve technical reach of 100,000 retail venues via API integration partners. Completion of LVN wallet beta test and begin rollout of payment rails to entire network.
Q1 2019 - Reward Protocol Activation
Completion and integration of the reward protocol smart contract into the Liven platform. Dynamic LVN internal conversion rate becomes active with the LVN purchasing power set by the reward curve. The balance of the reward cache is publically visible through the smart contract, and users can verify that the internal conversion rate is free of manipulation;
UK Expansion
Launch product in London, UK. LivenPay ecosystem expanded to over 10,000 venues.
Q2 2019 - Self-Serve Portal
Release of full-scale merchant and enterprise portal enabling businesses to create accounts autonomously and begin processing transactions with LivenPay reward protocol and wallet integration, with deep behavioural analytics and insights plugged directly into their sales.
Q3 2019 - US Expansion
Launch product in 3 US cities over a 6 month period. LivenPay ecosystem expanded to over 40,000 venues.
Q4 2019 - Dynamic/Gamified Rewards
Full release of Liven 7.0 redesigned from the ground up as the world’s first real world incentive based transactional ‘game’ - meaning dynamic incentives, rewards, achievements, unlocks, Gacha, and many other key mechanics at the core to maximise user and business engagement.
2020 - Travel, South East Asia, and Software Integrations
Introduction of own designed fiat payment architecture, socialised financial services such as peer to peer lending or staking of funds held, and integration into larger business and marketing platforms such as CRM, Mulesoft, and accounting softwares. Expansion into further markets including more US cities, South East Asia, South America, and Europe. Expansion into travel industry with integration to native and third party booking and accomodation services.
For more information kindly access the links below
Website: https://go.livenpay.io/CKMxH4CF7T
Whitepaper: https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN-WhitePaper(EN).pdf
Bounty: https://bitcointalk.org/index.php?topic=5100356
Telegram: https://t.me/livenpay
Twitter: https://twitter.com/livenpay
Facebook: https://www.facebook.com/livenpay
Liven Blog: https://blog.liven.com.au
LivenPay Blog: https://blog.livenpay.io
Github: https://github.com/livenpay
Reddit: https://reddit.com/r/LivenPay
Btt username: Chidfranco
Btt profile: https://bitcointalk.org/index.php?action=profile;u=2117147;sa=forumProfile
Livenpay Referral: https://go.livenpay.io/CT97PHc7nU
Eth Address: 0x216CB84Fea07eB219c27AE40d7049Fd627344aBC