Apps that allow you to use cryptocurrency in your daily life to pay for goods and services with the possibility of using a loyalty program will attract many listeners. LivenPay will be beneficial for business owners and ordinary users. First, this application will bring huge profits by increasing customer audience, and secondly – the ability to use digital assets without having to learn all the intricacies of Blockchain technology and the world of digital assets.
LivenPay (LVN) will handle several other major cryptocurrency weaknesses, with unique internal conversion rates that help reduce volatility and provide intrinsic value in Platform Liven. By catapulting this new currency behind an already established business with a virtual currency system that has already been implemented, Liven aims to use the funds raised through its ICO to expand Liven’s network to cities including New York, San Francisco and London.
Liven also seeks to overcome financial and technological constraints that prevent small business owners from adopting cryptocurrency, by making payment gateways as friendly as possible. For example, traders will be able to choose whether they want the funds they receive to be paid as LVN or traditional currencies, regardless of what payment methods their customers have used. Liven currently offers a gift system, giving consumers the percentage of their bills as LivenCash, which can be added to the next bill or donated to charity. The introduction of blockchain-powered crypto-payment gateways means that customers can continue to enjoy gift programs, with greater control over how to spend their gifts. Later businesses will benefit from a closed loop system, which means that all LVNs, at some point, will be redeemed on the network.
To launch our new product, we will create our own digital currency: LivenCoin, or LVN. For users of the Liven Cash system, credit will be migrated in the fiat value for the launch of the new Games, and all the features that people like about Liven Cash will still be there, plus new features and facilities that are activated by switching to true digital currencies.
LivenPay (LVN) will function as a store of intrinsic value throughout our network, and will have its own internal exchange rate supported by the volume of transactions carried out in real business, brick and mortar. This means that each token has guaranteed purchasing power in more than a thousand real businesses on launch day – regardless of whatever arbitrary value the community might give them. Users will be able to transact in fiat (AUD, USD) or LVN currencies at all partner merchants, and will accept LVN to transact as part of the smart reward network that we have built over the past 4 years. Trading partners will be paid in fiat currency, or, if interested, can choose to receive payment in full in LVN. To add to these functions, we will recreate our platform to give
Liven Explains: Why Do We Need a Blockchain?
Apart from the possibility of shocking blockchain technology in the future, there are many cases of companies around the world pushing it to places that might not be needed. Does anyone really ask for the crypto currency for the dental industry? Or a blockchain solution for sexual approval?
This, ahem, doubtful cases have caused many passengers to question why the blockchain should be added to any project that announces the use of distrubuted ledger technology. Fortune 500 chief executives have also jumped on the detractor bandwagon, questioning the purpose and advantages of crypto over other traditional financial systems.
And although this is reasonable skepticism in many cases, for Liven, the integration of cryptocurrency and blockchain makes sense as the next evolution of our payment platform. Our 200,000+ users have received their prizes in our own network currency – LivenCash – for four years now, and switching to our digital currency LVN will not only be smooth, but also very useful.
Project objective
The main goal of the developers of LivenPay is to create a unique network for payment for goods and services with its own reward system, which allows ordinary consumers to use digital assets as the main means of payment on a daily basis.
The goal of this project is to integrate cryptocurrency into a convenient system for paying for everyday services. The program is a unified network with its own reward system for using cryptocurrency as a means of payment. Cryptocurrency assets will also be integrated.
The LivenPay technology consists of several components:
Own payment gateway, including smart contacts, internal token and reward system;
Exchange of these same tokens: both internal and external;
End-user;
A wide variety of service providers - restaurants, cafes, grocery and electronics stores, various charitable foundations.
The LIVEN ecosystem is made up of the LIVEN platform imbibed with the blockchain technology, the users, the merchants, the e-commerce stores and the cryptocurrency exchanges.
The users are the major component of its ecosystem and they get a part of their bills in the form of LVN when ever they purchase food through the LIVEN platform and this LVN acquired can either be used for buying meals through the platform, or donated to charity.
The merchants, on the other hand, after listing services on the platform for free, will now be exposed to a better audience and marketbase. They will have the option to accept payments in either fiat or the LVN tokens.
The Liven platform also offers an Integrated API, that can be Integrated in numerous e-commerce sites for the purchasing of other goods and Services with the LVN token.
- Token Sale Details
- Token Name: LVN
- Type: Utility
- Platform: Ethereum
- Price: 1 LVN = 0.015 USD
- Accepting: ETH, Fiat
- Soft Cap: 10,000,000 USD
- Hard Cap: 28,000,000 USD
- Country: Australia
- KYC: YES
This is the internal cryptocurrency being used by the LIVEN platform and it's an ERC20 token based on the ethereum blockchain. It has a total supply of about 10 billion LVN and about 3 billion will be available for the public sale to the general public. Another 3 billion LVN has been kept aside as the reward cache.
This LVN token has been created in a way to resist drastic price fluctuations and can be used by either users, merchants for all payments within the platform.
Conclusion
With the coming of the LIVEN platform, it will bring about a change in the mass adoption of cryptocurrency into our daily commercial activities starting from buying food and beverages with the platform. It will also offer tokenized rewards to its loyal customers who either make use of the platform for transaction as well as invite friends and family.
LINK :
LivenPay : https://livenpay.io
Whitepaper : https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN
WhitePaper(EN).pdf
Instagram : https://instagram.com/livenpay
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