Introducing the “Lovecoin Token” – a peer-to-peer cryptocurrency with a focus on supporting philanthropy and encouraging mainstream cryptocurrency adoption.
Lovecoin aims to solve this “pay to use” problem within the cryptocurrency industry by distributing 40% of its total newly issued currency supply to airdrop love coins to new users.
They believe the value of any given currency network is ultimately in its user-base.
A currency network that onboards millions of new users is bound to grow in value over time and can be successfully monetized without making users “pay to join”.
What is Lovecoin
Lovecoin is a decentralized peer to peer cryptocurrency based upon Bitcoin and Tron blockchain technology, designed with the purpose of spreading; Love, Peace, Happiness and Economic Freedom worldwide.
One of the things that make Lovecoin different from almost every other currency in the world, is the fact that 10% of the total newly released Lovecoin supply goes directly to support user voted upon charities and causes.
Love coin raises money and awareness for philanthropic causes such as; helping end world hunger, providing jobs & education for those in need, and supporting local charitable organizations such as covid relief programs and animal shelters.
Any user of Lovecoin can participate in a democratic voting process to determine which causes are supported through Lovecoin token donations.
Lovecoin Token Review
One of the things that make Lovecoin different from almost every other currency in the world, is the fact that 10% of the total newly released Lovecoin supply goes directly to support user voted upon charities and causes.
Lovecoin raises money and awareness for philanthropic causes such as; helping end world hunger, providing jobs & education for those in need, and supporting local charitable organizations such as covid relief programs and animal shelters.
Any user of Lovecoin can participate in a democratic voting process to determine which causes are supported through Lovecoin token donations.
The cryptocurrency revolution has undeniably brought about a huge amount of technological and financial progress over the past decade.
That stated, one weakness of 99% of existing cryptocurrency and blockchain projects that exist currently on the market is that in order for users to use them they must first pay money to buy the token.
This creates a significant barrier of entry for encouraging mainstream user adoption. Not everyone has the money or the willingness to go out and buy cryptocurrency directly, especially when they are new to the technology.
If you look at a list of the most successful internet companies today, including the likes of;
- Google,
- Facebook,
- Snapchat,
- TikTok and
- Twitter,
You will notice that almost all of these companies offer free on-boarding of users.
It is safe to say these companies would not have achieved anywhere near the level of success that they have, if they charged users upfront to use their website.
Lovecoin aims to solve this “pay to use” problem within the cryptocurrency industry by distributing 40% of its total newly issued currency supply to airdrop lovecoins to new users.
They believe the value of any given currency network is ultimately in its user-base.
A currency network that onboards millions of new users is bound to grow in value overtime and can be successfully monetized without making users “pay to join”.
At the moment new users of Lovecoin who signup for our airdrop is granted 50,000 free coins.
This amount will decrease over time all the way down to a projected 50 new coins per unique user due to Lovecoin’s strictly limited supply.
So the earlier anindividual free claims their Lovecoins, the more that they will receive.
This helps reward early adopters and encourage users to signup right away.
Lovecoin Token Details
- Max Supply: 500,000,000,000 LOVE
- TRC-10 Token & Smart Contracts – Tron Network
- 40% of Supply – Airdropped to onboard new users
- 20% of Supply – Mineable via “Proof of User Activity” mining method
- 10% of Supply – Distributed to User Voted upon Charities & Causes
- 10% of Supply – Distributed to support “Proof of Donation” charity fundraising campaigns
- 10% of Supply – Distributed to Lovecoin Stakers (DeFi)
- 10% of Supply – Distributed to Tron (TRX) Stakers (DeFi)
Lovecoin Token Roadmap
- January 2021 – Scheduled Launch of Decentralized Lovecoin Blockchain-Based Voting System Utilizing Smart Contracts (Enable Lovecoin token holders to vote for the 10% charity rewards distribution)
- February 2021 – Scheduled Launch of Lovecoin Token “Proof of Donation” Campaigns to raise money for causes/charities
- March 2021 – Scheduled Launch of Lovecoin Staking System (Enable Lovecoin Token Holders to Earn Interest or Compound Interest by Staking their Tokens)
- April 2021 – Scheduled Launch Lovecoin Freelancer Network enabling users to earn Lovecoins by completing jobs online
- December 2021 – Milestone Goal 1 Million+ Lovecoin Token Users
How to Get 200,000 Free Lovecoin Tokens
- Step 1: (50,000) – Go here and signup for a LovecoinToken.com account: https://lovecointoken.com/member-regi… Upon successful registration, 50,000 coins will automatically be added to your account.
- Step 2: (100,000) – Go here and signup for a CryptoPerHour.com account: https://www.cryptoperhour.com/signup.php . Upon account creation, with Crypto Per Hour you will be entitled to receive 100,000 bonus Lovecoin Tokens. To claim your tokens – login to both your LovecoinToken.com and CryptoPerHour.com account then go to this page https://www.cryptoperhour.com/content… – scroll to the Lovecoin faucet section and click on the provided free claim link. Click on the button on that page and 100,000 coins will automatically be added to your account.
- Step 3: (25,000) – Go here and follow LovecoinToken on Twitter https://twitter.com/lovecointoken . Within approximately 1 hour after following the account you should receive a Twitter Direct Message with a special link provided enabling you to claim an extra 25,000 Lovecoin Tokens.
- Step 4: (25,000) – Last but not least to claim a final 25,000 coins – simply log in to your Facebook.com account and then visit the following URL: https://lovecointoken.com/FacebookList/ – Once on the page click on the “Send to Messenger” button to subscribe to the Lovecoin Facebook Messenger Notification List. Once you have done this you will be automatically sent a Facebook Message with a link enabling you to get 25,000 additional coins.
How to Mine Lovecoin Token
Is Lovecoin Token Legit
Yes Lovecoin Token is legit.
Final Verdict
In addition to the “pay to use” problem most existing cryptocurrency projects present, the fact that cryptocurrencies are decentralized in their nature presents a secondary problem known as the “Tragedy of the Commons”.
Since cryptocurrencies don’t have centralized companies at the center of them as typical corporations do, it is typically
hard to successfully run an advertising campaign.
The reason why advertising to acquire new users can be challenging is because cryptocurrencies are set up in a way where usually no single user controls a large enough piece of the coin supply to make advertising generate a profitable ROI on their investment.
This means that many times nobody is running advertising to onboard new users within the project.