Litenett.Com Ico Review : The First Network With Decentralized Payment

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Litenett.Com Ico Review : The First Network With Decentralized Payment
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About  Litenett.com
Litenett.com is a new European social network with decentralized payment system on Blockchain for the audience of hundreds of millions of users. Litenett. project allows users to get several services immediately in one application. They have combined social network, messenger, music and movie – video portals, radio broadcasting and events on one platform. Litenett supports more than 30 languages and it is available on all devices.

The Litenett.com project is a next generation multimedia social network, supporting more than 30 languages with a payment system based on blockchain technology. TCompanyoject is intended primarily for European and English-speaking audiences. Litenett allows users to get multiple services in one application at once. Litenett combined everything into one platform:
● social network;
● new generation messenger with anonymous decentralized chats, groups and channels;
● marketplace of digital content (music, cinema, radio, events);
● service for online shop creation ;
● blockchain payment system with great capabilities

Basic Information
Token Name   	     Litenett
Token Symbol	     LNT
Social Media	   
Currency Accept   ETH/USD
Token Type	     ERC20
Language           	     English
Hard Cap	==========
Soft Cap	==========
Whitepaper	     Click Here For View Whitepaper
Website	             Click Here For Visit ICO Homepage
 

Social network
Friends and chats
Blogs and microblogs
Personal Pages
Income on subscribers
Dating
Games
Music Portal
Music online
Music purchase
Music download
Playlists creating
Opportunity to share with friends
Video and Movie Portal
Video download
Video blogs creating
Earnings on Views
Cinemas
Films schedule programs
Payment system
Payment system on Blockchain
Thousands of transactions per second
Separate Dashboard
Deposits and withdrawals without %
Top cryptocurrencies
Secure wallet
Low transaction fees

Social network
The social network of the Litenett project is a full-fledged service for communication and content exchange. Users will be able to communicate with friends, place posts, create groups, maintain video and microblogs, create channels, group and private chats. They will also be able to buy music and movies or listen to and watch them for free and at the same time receive rewards in tokens for viewing advertisements, upload and download audio and video content from their mobile devices, create playlists, listen and send songs to friends or loved ones as a gift.

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App features
The app contains a various functional and allows the user to manage content, create groups and microblogs.

You can see all the posts and comments in your blog or group.

Private messages, group chats and channels.

You can listen to music and write posts, chat with friends, shop or transfer money to friends.

Section “Favorites” will help you to save the necessary pages, groups, channels, songs, albums, cinemas, etc.

Events line, your comments and answers.

Friends and subscribers – all in one app.

Token Application
Token is a means of payment within the portal
Users receive Token rewards for managing of groups, blogs, etc.
Users receive Token rewards for viewing ads
It is possible to pay for advertising with Token by getting a big discount
Token can be transferred and exchanged between users
It is possible to perform service payment or pay for services only with Token
Users can exchange Tokens, received as a reward for viewing ads, for managing groups, and other social activities, for fiat money and withdraw them to their own account
Advertisers buy tokens when paying for advertising
Portal buys tokens from other token holders to pay a reward
Any transactions inside the platform are possible only with token
Tokens are accepted as payment for various services, for exchange for Euro or USD
Litenetcoin token can not be classified as a tradable financial asset because it does not entitle Token holders to receive profit, or to own part of the company or part of the project. Litenetcoin Token is absolutely legal, as well as gift card in a shop. Litenetcoin is a product token.

Token Distribution
Leading social networks earn averagely 8-10 Euros per user annually
Litenett.com calculated the average planned profitability of Litenett social network , depending on the growth of the audience:

With an audience of 10 million per month (120 million per year) at a rate of € 3.0 per user – the profit will be € 360 000 00 million.
With an audience of 20 million per month (240 million per year) at a rate of €3.5 per user – the profit will be €840 000 00 million.
With an audience of 30 million per month (360 million per year) at a rate of €4.0 per user – the profit will be €1 440 000.00 million.
Up to 30% of the company’s profits will be allocated to pay users for viewing ads and for other activity programs. Token turnover inside the platform will be from 9 to 430 million Euro already in 2019.

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Global infrastructure of crypto payments
In order to pay for goods or pay for a service with cryptocurrency, you need to convert existing crypto coins into Eurocoin (EURC) or Dollarcoin (USDC) which rate is tied to Euro and USD rate

Thanks to modules and applications that can easily be integrated into any online shop, website or payment terminal, Eurocoin and Dollarcoin will be accepted as payment, as well as fiat money. Without entering stock exchange or exchanger, it will be possible to exchange Cryptocurrency on your balance in real time without losing interest on exchange

The internal system will be connected to several exchanges. You choose the best rate and sell coins, getting in exchange Eurocoin or Dollarcoin, which can be used as payment for a purchase. The entire transaction will take a couple of seconds and similar operations will be available on any device. Also Eurocoin and Dollarcoin can be withdrawn on a card in Euro or in USD. It can be used for payment for purchases and withdrawals of funds in any ATM in any country.

Team
Member	
 Alexej Karpov CEO – Lead Engineer & Founder
Valdemar Degner Analyst and marketer
Elena Degner Financial Analyst and Advisor
Lilia Bauer Content manager & contacts with customers
Roman Romanchenko Lead developer & Engineer
Vladimir Dzyubanov Lead developer & Project developer
Alexey Seleznev Web Designer & Project developer
Albina Chernozhukova Frontend developer
Vitali Karpov Java developer & system administrator

For more information please visit here :
Website: http://www.litenett.com/
Whitepaper: http://www.litenett.com/whitepaper.pdf
Telegram: http://t.me/litenettcom
Facebook: https://www.facebook.com/litenettcom/
Twitter: https://twitter.com/litenettcom

Bitcointalk username: Funmilola
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Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1235825
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