Nowadays it is hard to imagine how we would interact with each other if we did not have social networks. After all, with the help of them hundreds of thousands of people around the world exchange various information content. Some publish content for themselves, while others work harder to create it, investing their time, talent and creativity. However, social networks do not directly provide users with any opportunity to earn on their unique content, except to receive from other members of the social network "I like". With the advent of modern models of smartphones, many people can create different kinds of content without using any other professional equipment, without which it would not have been possible to create something like this. In this regard, the growth of digital content is growing from year to year, which can not be happy. However, many authors at the moment do not have the opportunity to fully receive compensation for the work done. To solve these shortcomings of social networks seeks a team of professionals by developing a universal platform LikeCoin.
Project and its features
LikeCoin - is a unique platform that will allow all participants of creative content to monetize their information or digital product, while receiving their reward directly, without the participation of third parties.to determine the Creator of the content, LikeCoin platform will use a special algorithm designed to prove copyright – LikeRank.
The whole ecosystem of the platform consists of several components, which will form the whole mechanism of LikeCoin. First of all, the platform will control the use of author's content, it can be any: articles, photos, illustrations, audio and video materials. For the publication of creative content, LikeCoin will reward the author with a unique imprint, from the means of the distributor or the successors of the content. This model will stimulate authors and the whole process of creating content, making it more qualitative and unique.
Let's look at how it will look in practice. For example, you have created a unique video clip on some interesting topic. You publish it in LikeCoin, then other users can evaluate your idea, you put an imprint from 1 to 5 or even super like. This print leaves a trail that can be easily checked by whom and when it was left. Thanks to the print, you can get all the necessary information about the content Creator, as well as how the content itself is distributed from one author to another. Thus, the entire mining part of the content forms a fingerprint. But the most important feature of the print is its immutability, therefore, the system will not be able to steal or assign a particular digital property, which I believe is not a little important.
The goal of the whole project is to reward the author for creating unique content. The presence of a blockchain system and smart contracts, which use fingerprints to save content, will make the entire LikeCoin platform reliable, transparent and secure.
The distribution of tokens and the holding of ICO
The entire platform is planning to release over the next 10 years 2 000 000 000 tokens – LikeCoin. At the moment, the project will allocate 800 000 000 tokens. All tokens will be created on the basis of Ethereum (ERC-20). The initial price of the token for the token period will be 1 ETH = 40 000 LikeCoin. The distribution of tokens will be as follows:
Conclusion
I think this project is very promising and in demand, as a large number of people would be happy to receive additional income from the publication of their content. Therefore, if you are close to this topic and you are also the creators of unique, creative and original content, I recommend you not to pass by, and explore the whole concept of the project in more detail. Below are the links you can read all the technical documentation of this project:
WEBSITE: https://like.co
TELEGRAM: https://t.me/likecoin
WHITEPAPER: https://like.co/in/likecoin-whitepaper-en.pdf
ANN BITCOINTALK: https://bitcointalk.org/index.php?topic=3093917.msg31937573#msg31937573
TWITTER: https://twitter.com/likecoin_fdn
FACEBOOK: https://www.facebook.com/LikeCoin.Foundation/
MEDIUM: https://medium.com/likecoin
GITHUB: https://github.com/likecoin/
MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=92016