Love Coins ICO: https://lovecoins.io
Reddit: https://www.reddit.com/r/LoveCoins/
Welcome to the LoveCoins subreddit
The purpose of this post is to welcome curious visitors to our forum and to provide a quick overview of what the Love Platform is and to provide details about our upcoming Love Coins pre-sale + ICO. The two separate concepts will be defined below.
A list of frequently asked questions will be listed. These FAQ's will be continuously updated and appended to as new questions are asked.
We encourage readers to post their comments and questions no matter how big or small.
What is Love Platform?
Love Platform is a way to digitally recognise and acknowledge your love or commitment for another. There are four ways to demonstrate your commitment:
"Eternal Commitment" with our "Blockchain Marriage" registrar and certificate service
"Reoccuring Commitment" with our "Date & Event Lock" service - for anniversaries or creating a public day of celebration just for yourself and your loved one
"Exclusive Commitment" with our "Love Blocks" feature that names and inscribes current or future blocks exclusively for you, and for all to see.
"Playful Commitment" with our "Virtual Hearts" product that will be tradable virtual assets on the Love Platform itself.
We encourage you to visit https://lovecoins.io to browse our friendly interface or better yet, download the whitepaper to understand the concept completely.
Where is Love Platform Deployed?
Love Platform is a decentralised smart contract that will be deployed onto the Ethereum blockchain. The purpose of the platform is to provide four distinct products and services outlined above.
How are those 4 services purchased?
Services on the Love Platform are purchased by Users using Ether.
What are LoveCoins?
LoveCoins are Ethereum ERC-20 tokens that are released prior to the development of the Love Platform. Ether is exchanged for LoveCoins during our pre-sale and ICO. The Ether raised from these two events is used to fund development, auditing, marketing and maintenance of the final platform. Upon release of the Love Platform, the percentage of LoveCoins an "investor" holds, relative to the total supply, will dictate their quartely return from the Ether that pools within the Love Platform contract. This pool of Ether, ofcourse, grows due to sales on the Platform. Hence, the premise behind LoveCoins is essentially a percentage marker for investors such that the Love Platform contract knows precisely how much Ether to send them individually, on an ongoing basis.
How often will Ether be distributed to LoveCoin Holders?
Initially, the goal is to distribute them every quarter.
When are the pre-sale and ICO dates?
Pre-sale is on the 10th of March and runs for roughly four weeks until the 10th of April. ICO is on the 10th of May and runs for roughly six weeks until the 24th of June.
Other FAQ will be added soon
Contribute questions below!
Topic: Love Coins - Could you believe... BlockChain Marriage? (Read 76 times)
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