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Likecoin: c world on Like - a new product for everyone

Have you ever thought about the true power of Like in the modern digital economy? This is a universal tool for assessing the quality of the proposed project, offers, services.

Project LikeCoin is dedicated to improving the way we measure creativity by offering quality rewards for developers' work. With a new Like button and a completely new algorithm, content quality is monitored, and its authors receive fair and high-quality rewards.

Problem

The Internet community really faces the pressing problem of unfairly evaluating the work of developers. Rarely does a content creator receive a decent reward. Like ten years ago, today freelancers keep the Internet working, create software, and advertise companies, but they do not earn enough money from their work. Why? Because there is no decent mechanism for evaluating their work.

Solution

The LikeCoin protocol developed by the project radically changes the situation. After all, it is designed to monetize the creative of developers, so authors can focus on producing quality content, rather than doing sales or worrying about optimizing business processes.
This makes the life of a freelancer a lot easier. For example, he took a photo using a smartphone, not a special camera. Why can't he get paid for his work? After all, the quality of the photo is at the level, but only a few monetize the efforts. When authors receive a decent reward for their work, they are interested in the result of their work, and they are motivated to produce even better quality content.

Elements of the LikeCoin ecosystem

The LikeCoin system consists of various elements. More about them below.

  • Creative content

It can be an illustration created by the author, a video clip, an audio recording, an article, a photograph. This is not personally identifiable information, so other people can use it subject to copyright protection.

  • Content Creator

They are creative people who create quality content for consumers. They want decent wages for their work.

  • Service Provider

This is a dedicated web application that supports LikeCoin. This can be due to the introduction of a special protocol or a slightly modified Like button.

  • Derivative work

This is the use of one or more creative works that have been created by someone to create new content.

  • Content successor

This can be either the creator or the service hosting the derivative work. He wants payment too.

  • Content source

This is the content that is at the heart of the derivative work. He, too, may have his own original source.

  • Original content producer

It could be a dedicated service or a content creator.

  • Distributed content

This is the result of the creativity of specialists, which is distributed in accordance with the rules of a specific protocol.

  • Content distributor

It is both a content producer and a service hosting the content being distributed.
LikeCoin works in such a way as to meet the needs of all participants in the system. Both the creator and the distributor of content will be able to receive decent rewards.

Team

Roadmap

Token

The system will operate using a special LikeCoin token, which is based on the Ethereum ERC-20 protocol. Thus, the virtual coin is suitable for storage in most modern cryptocurrency wallets.

ICO starts 7 May 2018 и заканчивается May 21 2018.

The creators of the project suggest that the total supply of LikeCoin tokens will be limited to 2 billion. It will be divided into 4 groups

  • Tokensale. 600 million coins are allocated for its implementation.
  • Development of the project ecosystem. For this purpose, about 200 million virtual coins are allocated.
  • Team rewarding. As a "salary", project participants will receive 200 million LikeCoin.
  • Compensation for authors. A million crypto tokens are being channeled towards this goal.

Before the start of the token sale, 200 million tokens will be directed to the fullest possible development of the ecosystem in order to launch the functioning of all the numerous possibilities of the project. These tokens will be used for bounty programs, marketing, sales, as well as rewarding content creators.
During the token sale, it is planned to use an additional 600 million tokens. Their cost will be proportionally dependent on the value of ETH.
After the token sale, the team pool tokens will be used to pay wages. For this, an additional 200 million tokens are allocated, which will be paid to team members, consultants within two years.
During the token sale, virtual coins of the project can be purchased only for ETH. In this case, the standard rate will be equal to 40 LikeCoin for 000 ETH. At the same time, there is a special bonus for the lock-up period.

LikeCoin Foundation

All LikeCoin tokens, as well as funds received during the token sale, are managed by a special fund. It is tax-exempt as it has its office in Hong Kong. The persons who manage the fund are completely independent and are responsible for controlling the issue of tokens, calculating salaries, as well as paying material compensation to performers.

Project Benefits

Security. By participating in the LikeCoin project, investors do not have to worry about the safety of their funds. Their security is ensured by innovative blockchain protocols and code.
Anonymity. Another benefit provided by a blockchain-powered system. Information about contributors is hidden, so everyone can be sure of the safety of personal data.
Reward. The creators of the project have foreseen a qualitatively new and really functioning system of rewarding system participants for investments.

Сonclusion

LikeCoin Is a successful attempt to change the process of content creation and distribution. Specially created LikeCoin protocols are aimed at a worthy reward for the efforts of the system developers. This allows you to maximize the creativity of content creators.
On the other hand, LikeCoin is a qualitatively new change aimed at creating a positive habit of voluntarily paying for high-quality content. The system provides an extensive pool for miners and creatives that will function over time.
All aspirations of content creators are aimed at the most complete paradigm shift that can occur in 10 years. If this happens, then the LikeCoin project can be considered a success, and its development is not complete, but proceeding rapidly.

You can find more information about the project at the following contacts
ANN Thread: https://bitcointalk.org/index.php?topic=2309675.msg23475943
Website: https://like.co
Whitepaper: https://like.co/in/likecoin-whitepaper-ru.pdf
Twitter: https://twitter.com/likecoin_fdn
Facebook: https://www.facebook.com/LikeCoin.Foundation/
YouTube: https://www.youtube.com/c/LikeCoin
Telegram: https://t.me/likecoin

* Our BTT account - https://bitcointalk.org/index.php?action=profile;u=83304