WHAT IS LIPCHAIN?
Lip chain is a phase that will make decentralized casual sodality glued to surfing which will empower customers to be paid for substance, they will spread on applications through the fortification system bound by methods for beautiful contracts. Lip chain app, you will have the facility to influence pictures and chronicles and get money that can be given to competitors who are recorded. Their application will be in a way such as relationship sanctions for video challenges that will clear the way to adjust for the best surfer. Clearly, this will provide more open affirmation to many competitors than the official designation. In the long run, later, the open and laborious denomination will have the competence to win extraordinary prizes added to the Lip wave resort and natural surfing equipment.This stage will also falsify the center of the lip wave pool that will offer years around Olympic getting a yare condition. Where no under 100 competitors will surf every hour by making waves every six to eight seconds for an hourly fee. They will in a way improve the mundanely regulated world between surfers and sailors by making connections with surfboard makers to make natural surfboards. In conclusion they will discard the level components in the advertisement application to allied substratisme altruism to clean the oceans and coastlines.
LIPCHAIN App
The platform will develop an app specifically suited for surfers and sailors, integrated with a decentralized social network. The Network enables surfers to post their videos and photos and be compensated using tokens. The amount of tokens received depends on the community ratings of the video or photos. Surfers can also earn tokens by participating in contests organized within the application.
How Does Lipchain Help?
Lipchain is a decentralized ecosystem that seeks to address these challenges and provide surfers with sponsors, unofficial competitions, and year-round training. Lipchain also provides a platform where surfers can earn tokens for participating and practicing their favorite sport while contributing to the objective of cleaner oceans.The community will also offer users with access to the global surfing and sailing community and the necessary tools required in selecting an athlete for sponsorship and providing the sponsor with smart contracts for securing the deal.
What are the problems in the previous surfing system?
- Less training places: For surfers training less places are present on the earth with high quality surfing material. The surfers and sailors face lots of problem to get the professional training.
- Less sources of funds: Annually, a surfer needs more than €3000 for the proper professional training of 8 years. So, many beginners are unable to become a professional athlete due to lack of funding.
- Limited approach: Due to limited training areas and lack of funds, many talented athletes are unable to participate in the Global championship. If they take a risk and get a chance, then there is a problem of championship’s sponsors judgment.
- Water pollution: The national government ignores the problem of water pollution. The waste material and plastic bags are contaminating the beaches and earth water. A proper cleaning plan is required to safe the marine ecosystem.
- Lack of advertising platform: The companies face lots of problems to sell their sailing and surfing equipments to the target buyers. The limited advertising channels and forums are a big problem to connect the whole community of surfers and sponsors all over the world.
What are the solutions provided by LipChain platform?
- To solve the funds problem, this platform is allowing the users to post their photos and videos in the LipChain ecosystem to earn tokens for surfing.
- The limited training area problem will be solved with the construction of wave pools which will offer training sessions all over the year. The wave pool will also be followed by an inland eco resort.
- This platform is giving the option to the community to choose their champions with the help of tools on LipChain app.
- For sponsorship, this platform is providing the useful tools for the selection of a deserving athlete and the seal will be secured in smart contract. The surfers can also get access to a wide sailing and surfing community.
- To control the water pollution of beaches and seas, LipChain will reserve 5% sponsorship income for the foundations which will do the cleaning activity.
What are the main features of this platform?
- Ecological resorts: LipChain has a plan to build the first ecological resort in Portugal and it will qualify as the project of national interest. This project will generate new economy with revenue, transportation, revenue, reputation and sponsorship.
- Safeguard of Oceans and seas: LipChain is going to safeguard the sea water by taking some fundamental actions such as cleaning of beaches, cleaning of sea, educating the people, improving eco design of plastic bottles, reducing plastic bottles distribution, consumption and distribution.
- Security: To ensure the security, a multimodal biometric authentication system will be used in LipChain applications and wallets. Two biometric modalities will be used in the identification system i.e. Iris and face recognition. LipChain DLT will match and capture different types of biometrics.
- LipChain Wallet: LipChain wallet is easy to use and it is supporting transferability. The users can send and receive their coins with ETH wallet address. After paying the transaction fees, no fee will be charged during the transaction of LIPS token. LipChain platform supports transparency and users are allowed to check the transaction over the ETH wallet.
- Elimination of frauds: The biometric authentication will reduce the risk of frauds. It will safe your funds by preventing the data breaches.
The details of the ICO
The LIPS token is a utility token that acts as a means of payment and will be used to reward and sponsor on the LIPCHAIN platform. The owners of the token will receive discounts on inner surf resorts and other services platform. A big advantage is also considered to be the absence of fees for transactions using tokens within the platform.
Token symbol: LIPS
The token type: ERC20
Total tokens issued: 1,000,000,000
Soft Cap: 3 000 000 $.
Tokens for sale: 210 000 000
Hard Cap: $20 000 000.
Stage 1 – 21,03,2018-30,04,2018. Bonus 15%
Stage 2-01,05,2018-31,07,2018 bonus 15%
Stage 3 – 01,08,2018-14,09,2018. Bonus 10%
Stage 4-15,09,2018-14,10,2018 bonus 5%
Stage 5-15,10,2018-15,11,,2018 Bonus 0
The cost is: 0,1 $
Minimum purchase:$50
When you purchase a$ 1,000 a 5% bonus. And when you buy from $ 5000 bonus$10.
TOKEN ALLOCATION AND USE OF FUNDS:
Lipchain Roadmap
[x] 15.11.2016 – Сreation of a digital coin (LIPCHAIN).
[x] 26.02.2017 – Dissemination of the concept with several national surfers.
[x] 16.04.2017 – Encrypted currency development.
[x] 05.11.2017 – Preparation and creation of ICO for the implementation of the project.
[x] 14.01.2018 – Launch of LIPCHAIN in the market through ICO.
[x] 25.02.2018 – To buy a boat and to create the sailing team to beat the world record.
[x] 22.04.2018 – To develop the sponsorship for regatta and sailing team.
[ ] 16.07.2018 – Attempt to beat the 10 years old world record sailing from Lisbon.
[ ] 10.09.2018 – Launch of the APP Captivation of all outsiders.
[ ] 07.10.2018 – Communication, advertising, marketing and promotion of LIPCHAIN.
Amazingly, Lipchain Developers have completed 7 of 10 Roadmap. This is what makes ICO Lipchain compulsory to follow.
TEAM:
For more information :
Website: https://www.lipchain.io/Ann
Thread: https://bitcointalk.org/index.php?topic=4507111.0
Facebook: https://www.facebook.com/LipChain-1754237891332927/
Twitter: https://twitter.com/lipchain
Medium:https://medium.com/lipchain
Reddit:https://old.reddit.com/user/LipChain/
Linkedin: https://www.linkedin.com/company/lipchain/
Telegram: https://t.me/LipChain
Bitcointalk profile: redtrust
Ethereum Address:0x6E7abE1d59BF334c13B5b0426E091Da269475072
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