LIVENPAY

FIND, EAT, EARN, REPEAT

INTRODUCING

A Stable Cryptocurrency backed by brick and mortar businesses, and ready to spend at thousands of merchants on launch day.

To launch our new product, we will be creating our own digital currency: LivenCoin, or LVN for short. For users of the Liven Cash system, credit will be migrated across in fiat value for the launch of the new Liven, and all of the features people love about Liven Cash will remain, plus new features and facilities enabled by transitioning to a true digital currency.

LVN will function as an intrinsic store of value across our network, and will have it’s own internal exchange rate backed by the volume of transactions made in real, brick-and-mortar businesses.

This means each token has a guaranteed purchasing power at over a thousand real businesses on launch day — regardless of any arbitrary value the community may place on them.

Users will be able to transact in fiat currency (AUD, USD) or LVN at all partnered merchants, and will receive LVN for transacting as part of the intelligent rewards network that we’ve built over the last 4 years. Merchant partners will be paid in fiat currency, or, if interested, can opt to receive payments entirely in LVN.

If you’ve ever travelled overseas, you know the pain of converting currency. The challenges we face when exchanging money across international borders is one of the weakest areas of the global economy.

Cross-border payments are notoriously complex and unnecessarily difficult , and also vulnerable to fraud as currencies, varying banking systems, and economic governance combine to complicate the process.

This is especially inconvenient for travellers, who generally don’t have the time or money to experiment, and thereby separate the swift and affordable options from the more cumbersome processes. When it comes to something as simple as buying food in a foreign country, consumers have been lacking a timely and reliable method of international currency transfer.

BENEFITS

Australians have been pioneers when it comes to cryptocurrencies, with three licensed exchanges, established tax systems, favourable regulation, and multiple successful initial coin offerings (ICOs).

Bitcoin and Ethereum will soon be sold out of 1200 newsagencies across the country, while almost 3000 Bitcoin automatic teller machines will also be powered up later this year. Additionally, there has even been discussion around the Federal Government creating its own cryptocurrency.

But contemporary cryptocurrencies have their short-fallings. Extreme price volatility and a lack of adoption by merchants and consumers still loom as barriers towards crypto becoming reliable mediums of exchange for purchasing goods or services continue to rise.

That is where the Liven integrated payment facility comes into play, providing a stable and reliable method for consumers to pay for their everyday dining experiences using the blockchain.

ECOSYSTEM

• Live platform (payment gateway with default gift algorithm and smart token contract),
• consumers,
• goods seller and service provider
• e-commerce store
• charity organization
• external exchange token.

HOW LIVENCOIN (LVN) CHALLENGES EXISTING CRYPTOCURRENCIES?

In April, 2018 Liven announced the launch of its own cryptocurrency and Initial Coin Offering (ICO) to allow its users to pay for their meals using the digital currency — LivenCoin (LVN) — which will replace its already existing internal currency LivenCash.

How it works is simple: instead of using cash or tapping a card, users pay for their meal in one-tap using the Liven app and 15 to 30% of their bill spend is instantly reimbursed as LVN, which can be used on future purchases, or donated to charity.

Liven’s ICO will see 3 billion LVN tokens made available for purchase at a price of USD $0.015 each, making the hard-cap USD $28 million.

While the goal of cryptocurrencies to date has been to create decentralised payment platforms, that iteration of the blockchain is not compatible with the way that the everyday consumer spends money.

HOW THE LIVEN NETWORK WORKS FOR MERCHANTS?

The challenges to get Australians to adopt cryptocurrencies are largely eliminated through the LVN token system.

Users and merchants can pay and accept payment through a dual market system, where traditional payment methods can be combined with the Liven platform.

That means you can pay for your meal using LVN only, credit or debit card only, or a combination of the two.

And merchants aren’t locked into receiving their revenue as LVN, they can elect to receive the payments as fiat currencies (legal tender) — no matter how the customer paid their bill.

It is a model that is flexible and insulated from the manipulation and volatility that cryptocurrencies like Bitcoin and Ethereum currently experience.

We know that most Australians aren’t interested ‘re-learning how to use money’. Playing to this notion, the LVN token system removes the complicated nature of using currencies like Bitcoin while also providing options to merchants to receive funds the traditional way, or the cryptocurrency way.

With the imminent launch of our new cryptocurrency, LivenCoin (LVN), Liven‘s sights are set on global expansion, and international travellers are set to reap the rewards. Liven’s Ethereum ERC20 coin will be powered by blockchain technology, allowing for a transparent, public ledger that makes transferring money and buying food overseas a seamless transaction.

Already a pioneering dining rewards app within the Australian hospitality market, with more than 1,000 businesses and over 200,000 consumers on board, the natural next step for Liven is to take our successful model overseas. Plans are in the works to launch the platform in the US and UK, with Liven poised to stake its claim on the $US3.5 trillion global hospitality market, as detailed in the forthcoming Liven whitepaper.

TOKEN INFO

Token LVN

Platform Ethereum

Type ERC20

Price in ICO 0.0150 USD

Tokens for sale 3,000,000,000

INVESTMENT INFO

AcceptingETH, BTC, Fiat

Distributed in ICO 30%

Soft cap 10,000,000 USD

Hard cap 28,000,000 USD

TOKEN DISTRIBUTION

FOR MORE INFORMATION CLICK LINK BELLOW:

• Website: https://livenpay.io/
• Whitepaper: https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN-WhitePaper
• Telegram: https://t.me/livenpay
• Facebook: https://facebook.com/LivenPay
• Twitter: https://twitter.com/livenpay

Author: Yuni comel

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1350925