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Liven is an incentive-based mobile payments gateway and ecosystem purpose-built for the lifestyle and dining industries. Hundreds of thousands of people use Liven to discover thousands of restaurants, process millions in instant mobile payments, and earn LVN - The Digital Currency for Food. LVN can be saved up in the platform’s ...Read More
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The next step in the evolution of Liven is the addition of blockchain to this payment system through the incorporation of an Ethereum ERC-20 token called LivenCoin, or LVN.
The unique features of the Liven Platform and the existing network of merchant partners and users will seek to address both problems identified above. First, the economic design of LivenCoin reduces price volatility through a unique, internal conversion rate which gives LVN intrinsic value - every LVN Token in circulation possesses purchasing power that can be used within the Liven network. Second, the addition of the cryptocurrency payment gateway will be unnoticeable to merchants, as they are still paid in fiat. These features combined with Liven’s presence in hundreds of venues and large, active user-base assists Liven to overcome the current barriers preventing cryptocurrency adoption at a retail level.
Liven’s decentralized rewards protocol is governed by a smart contract which will enable rewards to be disseminated indefinitely despite a limited LVN Token supply and encourages corrective behavior with any external markets that may arise, giving the stability necessary for everyday use. LVN Tokens earned by transacting can also be donated directly to a charity.
The LVN Initial Coin Offering will offer for purchase 3 billion of the 10 billion LVN Tokens created to raise $28M USD. Approximately $8.4M will be set aside to cover the redemption/spending of the distributed tokens in the short term. The balance $19.6M will be allocated towards (i) fuelling Liven’s rapid global expansion starting with the UK and (ii) developing the new cryptocurrency gateway.
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Sale Starts1st February 2019
The ICO/Token/Coin sale opens
Happened: 2 Years, 2 Months, 14 Days ago
Sale Ends15th March 2019
The ICO/Token/Coin sale closes
Happened: 2 Years, 1 Months ago
TODAY15th April 2021