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LivenPay - Spend and Earn Cryptocurrency Instantly

INTRODUCTION

Ever since blockchain technology entered our lives, we've been using it in every field. Having features that make our lives much easier was among the reasons that made it special. It changed our payment habits and our payment system. Thanks to the decentralized system it used, we were able to make purchases with a much safer and less commission without the need for banks or other companies. Although we are in the bear season, I did not imagine Blockchain technology as a buy and sell market. Blockchain was more than a stock market culture. Some Blockchain projects thinking like me, tried to highlight these features of blockchain technology. There were those who failed as well as successful ones, but it was definitely worth it.

Because I always saw banks and governments as a burden. It was very difficult for us to transfer money freely when all control and power were in their hands. But if we're really talking about a free world, we need to be free to transfer money and it cant be traced. Because freedom cannot be narrowed to cover some areas and not to cover some areas. Blockchain's inventor Satoshi Nakamoto was aware of it, and 10 years ago, he wrote an article trying to change it completely radically. This new form of money, which is seen as Bitcoin, is today almost more than 2000 crypto currencies. Almost all of these coins have different purposes. There is a short history of the adaptation process of these coins to daily life, but I think that will spread to our daily lives in the future.

I want to talk to you about a project that will allow me to express my opinion better. LivenPay . The Livenpay project is a project that seeks to make our daily routine easier. Livenpay aims to make the payment system easier for the food and drinks we eat and drink at restaurants and to be a very strong project that will enable us to win loyalty rewards by using this system. Let's take a closer look at the Livenpay project.

What is LivenPay

Livenpay project is a project that wants to establish a different payment and reward system between the user and the business owners (restaurants). In this way, customers prefer an easy and fast way to eat from restaurants which are LivenPay Merchants, and they also benefit from discounts on subsequent purchases. In fact, today there are restaurants and companies that use this system. However, this system has not yet been adapted to the blockchain eco system. Before we begin, I would like to emphasize that LivenPay already has a working system and a mobile application, there are hundreds of restaurants in which it is contracted and the system is already active. Thanks to this application you can also make purchases using credit card or debit card. If you want to use cash or Livenpay's own token, you can use LVN token.

I'd like to talk about an important feature of Livenpay here. The most important feature that distinguishes Livenpay from other restaurant payment systems is this: If you are shopping for any of the negotiated restaurants, you will receive a portion of the fee immediately. In addition, you can donate this payment to Livenpay's contracted Charity services as LVN token. Or you can keep it in your LivenPay wallet to spend it later.

The platform actually consists of three main elements: Users, LivenPay Merchants and other Non-profit organizations (Charities).

The Liven Ecosystem is comprised of the Liven Platform (a payment gateway with a built-in smart contract token reward protocol), users, merchants, e-commerce stores,

charities and external token exchanges. The LivenCoin serves a number of utilities in the ecosystem

but its main functions are facilitated by the Rewards Protocol which operates between the User’s (via their wallet in the app) and the Merchants when transactions are made.

Users comprise the heart of the Liven ecosystem. Whenever a user pays for their meal through the Liven Platform, they receive a portion of their bill back in LVN as their reward.

The user can choose to use the LVN in the following ways: (i) spend through the network as payment for other meals, (ii) forward some to a charity, (iii) put some or all of their

LVN towards purchasing a specific item that was added to a Liven Wishlist by a non-profit organisation, (iv) continue to accumulate LVN in their wallet for future use or (v) trade LVN

on any open crypto-exchange markets should they arise.

Crypto Payments Aren’t Made for People

Inaccessibility, uncertainty of value, and lack of consumer centric design make it impractical to use blockchain for business cases.

BlockedChain

Cryptocurrencies are functionally inaccessible to businesses and consumers for regular use.

Paid Out

Payment networks are not consumer centric, and offer little more than utility in the transaction process. 

Price Volatility

Market volatility of cryptocurrencies makes them impractical for business operational use day to day. 

What’s Unique About the LVN Token

Livenpay ICO is still on, with a 28,000,000 hard cap. 3billion tokens will be sold and fund raised will be used to expand the livenpay network in other countries.

Token Details

  • Instrument: LVN
  • Network: Ethereum
  • Token type: ERC20
  • Decimal Points: 18
  • Total Supply: 10,000,000,000 LVN
  • Token Price: $0.015 USD
  • Total Sale: 30% (3,000,000,000)
  • Accepting: USD, AUD, ETH
  • Softcap: $10,000,000 USD (Reached)
  • Hardcap: $28,000,000 USD

Team

Conclusion

Livenpay is a network that is already running and has active users & merchants. By adopting blockchain technology, of course this will make the platform more transparent, this is certainly a distinct advantage over its competitors. They also have an interesting scheme by providing incentives to platform users when transacting using LVN, this will certainly make users more interested. On the other hand they also gave the user the option to donate their LVN to a non-profit organization. Well, the point is this platform will make it easier for us when transacting using cryptocurrency in everyday life. I think it will be successful if implemented correctly, I expect a lot from this project.

Website: https://livenpay.io
Facebook: https://www.facebook.com/LivenPay/
Twitter: https://www.twitter.com/livenpay
Telegram: https://t.me/livenpay
Bitcointalk: https://bitcointalk.org/index.php?topic=5077563 

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