LEARN MORE ABOUT LITENETT THE SOCIAL NETWORK DECENTRALIZED PAYMENT SYSTEM ON BLOCKCHAIN

http://www.litenett.com/

Litenett.com is a new European social network with decentralized payment system on Blockchain for the audience of hundreds of millions users. Our project allows users to get several services immediately in one application. We 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.

ABOUT THE PROJECT

The Litenett project is a next generation multimedia social network, supporting more than 30 languages with a payment system based on blockchain technology. Our project is intended primarily for European and English-speaking audiences. Litenett allows users to get multiple services in one application at once.

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.

MESSENGER AND GLOBAL NETWORK

Messenger allows users to communicate in personal correspondence, as well as in group channel. Voice and video calls, chats and group channels. Group and private chats with a mode of correspondence destruction. Correspondence is not saved on the server, it is saved only on participants devices. It is impossible to copy, make a screenshot, save. It can be destroyed at the scheduled time. Direct video broadcasts in a group. It is not just a messenger with a high degree of protection, it is a multimedia platform for solving problems in everyday life.

CRYPTO-WALLET AND GLOBAL PAYMENT INFRASTUCTURE

Multi-currency Crypto-Wallet with the ability to store and transfer crypto assets It is possible to replenish and withdraw funds, exchange for crypto coins. Guarantee of transactions security and funds storage in the wallet. Ability to perform service payment, services fees, to transfer funds to other users. Funds transfer to users in crypto coins, fast exchange to USD or Euro. It is possible to buy goods and pay for services, make payments anywhere, for anything, in the litenett network, as well as in online shops or online litenett card in payment terminals.

STAGES OF TOKEN SALE

Litenetcoin Token

Litenetcoin (LNC) - is a utility-token of Litenett ecosystem. This is an open source cryptographic token implemented on the Ethereum blockchain platform. It is the main accounting unit within the Litenett platform. Tokens of the project - Litenetcoin (LNC) ERC20 will be created on the Ethereum platform, and the planning is to only issue 300 million coins with a nominal price of $1 each. Additional tokens will not be created and their maximum number will never exceed the specified number. Unsold ERC20 tokens will be eliminated.

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.

Token Distribution

Leading social networks earn averagely 8-10 Euros per user annually

We 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 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 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 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.

Funds Allocation

Project Litenett is, in fact, a large media resource with its own payment system and consumers united in a social network.

Our monetization model covers such areas as Music, Radio, Podcasts, Cinema, Video, and has a platform for people's diverse communication with the ability to create personal pages, groups, videos and microblogs

In order to attract to us as small and also the largest media market players, we have created opportunity to manage their own products for music companies, cinema networks, radio stations and event companies. Having verified access to the common database, each company can independently, without intermediary services, deliver its products and services directly to the user through our platform, which will significantly reduce their expenses.

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