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Topic: [ANN][LMC] LoMoStar - First built-in Cryptocurrency LBS Entertainment App - page 33. (Read 72412 times)

legendary
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Professional Native Greek Translator (2000+ done)
Images in posts disabled for newbies Huh ?


 

yes you have to make some posts for them to appear. Also will you guys setup translation bounties?
jr. member
Activity: 106
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Images in posts disabled for newbies Huh ?


 
newbie
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link wallet not work
newbie
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Open social media bounty !  Cheesy
copper member
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Leading Crypto Sports Betting & Casino Platform
first blood here.
if you will be giving translation bounty, i can do the Filipino translation for you, please reserved it for me.
jr. member
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Merit: 1



First LBS based Cryptocurrency in the World!

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LoMoCoin is the world's first block-chain digital currency system thriving on LBS (Location Based Services) and mobile Internet and marks the first mobile app, named LoMoStar, attempting to bring together offline shops' demand for human traffic directing, player participation in entertaining games, and block-chain digital currency.

The brand new LBS treasure hunting model says goodbye to the traditional boring experience and makes the hunting process more interesting. The app enables players to explore on the map and in reality to get LMC and special offers from shops, and shops to win the high-value O2O traffic created by players, bridging between players and shops for value exchange and traffic monetizing in a different way.



About LoMoStar




LoMoStars’s vision is to build a new ecosystem around the geographic location and information of people and integrating it with blockchain technology. The project started off in the end of 2015. In April 2016 we released our first product (v1.0) in China through a Proof of Stake (POS) mechanism and completed a mobile app that provides offline to online (O2O) marketing between businesses and users. This interaction is based on the user’s position on the map. Currently, more than 300.000 users have used our app in China. In October 2017 v2.0 of the app was released for Android and iOS with currently ~30.000 users.

For the future of LoMoStar (LMC) we are working on many things. These include some new application models, such as a social economy based on the location of users and mini Asset Backed Securities (ABS) (i.e. payments derived from and collateralized by a pool of underlying assets), based on the geographic location and intelligent contracts between users. Furthermore, we are also focusing on forming many new and innovative architectural design, for instance, by combining blockchain solutions based on user’s geographic location and information and connecting it with the Internet of Things (IoT). This will form a whole new branch within blockchain technology and will be a major upgrade for what is currently being provided within the industry. We are currently still at the experimental stage of many of these new solutions and more updates about this will come later on.



The role of the tokens in the LoMoStar project


As mentioned before, the LoMoCoin blockchain will be a multi-format ecosystem, which uses the geographic location and information of users. LMCs will be used as pricing for various assets and as a value transfer method in various applications of our blockchain. For the social economy applications, LMC is responsible as a payment method for products and services in the social network of our location-based services (LBS). With regard to the mini ABS, LMC will become the way for transaction and settlement of pricing units and chains. Additionally, we as a company are responsible for the rights of using these business advertisements and data that is being gathered as a driving force for users to interact with businesses through the O2O advertisements in our app.

With regard to the valuation of the current scenario, different valuations and judgments originate from different understandings of the nature of blockchain technology and its potential commercial value within various sectors. No matter how others evaluate this technology, we have great confidence and enthusiasm about our project and we are certain that we will leave are mark in history. This is just the beginning.



LoMoStar Roadmap 2018





Our Team


Hello, global LoMoStar fans. My name is Xiong Lijian, but you can call me Feixiong. I myself started off as a programmer in my early years and later on, I became a management and strategy consultant. In 2010, I become more involved with internet advertisement, which resulted in me starting a business. In 2013, I started another business in the Bitcoin industry and participated in the research and development (R&D) of the world’s first Gridseed Litecoin miner, which sold more than 100,000 miners around the world. I also created WiiBox and launched its open source software, which became the most used mining control software for Litecoin miners. After that, I worked with Li Xiaolai (and many others) to establish SFARDS, which has researched, developed and manufactured the world’s first 28nm Bitcoin and Litecoin dual algorithm chip SF3301 and the world’s first SF100 double miner. Today I am the CEO of LoMoStar and our vision is to build a social economy around the geographic location and information of people and integrating it with blockchain technology.

· We have more than 4 years of experience in technical research, business operation, and in the development of Bitcoin and blockchain technology

· We have advanced understanding of the blockchain industry and we posses cross-industry resource integration capabilities

· We have the expertise in transforming the technology for various applications

LoMoStars’s core team has been working together since 2013 and has experienced the mining and trading of Bitcoin and Litecoin in the early days. We are also one of the first teams in China that begun R&D application and development of blockchain technology.




At present, there are more than 70 people (~20 full time developers) in our team and just recently we hired an international team with the ability to settle in various countries and regions to jointly promote and help develop LoMoStar.



Distribution of our Coins


· 106 million has been given to people through crowdfunding. This has been completed on June 8, 2016

· 50.00 million has (and will be) delivered by the LoMoStar app. 41.41 million has already been delivered and 7.59 million will be delivered in the future

· There is 20.00 million available for third-party cooperation and marketing. 15.6 million has been used so far and there is 4.4 million remaining


Markets and Exchanges supported


LMC has already gone live on various exchanges. We will strive in the future to get on more exchanges such as Poloniex, Binance and HitBTC. In addition, LMC is also listed on our own coin-to-coin exchange www.Xstar.io, which is being invested in and supported by the founders of LoMoStar.




Contact

Business cooperation: [email protected]
General Queries: [email protected]

The links to our social media and community channels are provided at the beginning of the topic.

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