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LoopIn is a decentralised social media platform that aims at empowering its users by allowing them to own the content they create and rewards them through the creation and promotion of high-quality content on the platform. LoopIn does not natively support advertising in order to create a safe environment where users do not feel targeted by external businesses. Rewards come in the form of virtual tokens that can be exchanged for Ether.

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In the last decade we have seen a boom of social media platforms, each offering the same product in different ways. Many have failed, but the few that have stood the test of time have become an intrinsic part of our daily life. Taking out one’s phone and scanning one’s feed on any of these platforms has more or less become a subconscious action as well as being used to either pass the time or avoid awkward environments.

Most social media users don’t realise that the information they publish and share on social media platforms has value. By giving their data away for free, users allow companies to profit through the reselling of this information and targeted advertising. Social media platforms make money from the content users create on their platform. Busi- nesses and advertisers make money from user’s data and information. And celebrity/high profile accounts make money from sponsoring brands to users and sharing click-bait articles to users. The only people who are not rewarded are the average users.

At the same time, whether it is advertisements or click-bait articles, there is a lot of undesirable content on social media platforms. That’s because social media is an easy target for businesses which use the platforms as a central pool of potential customers to profit from, essentially doing their job for them.

Current social media platforms are also entirely controlled by their providers, and users are at the mercy of their decisions as of the fate of the platform and the data that goes with it.

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LoopIn uses blockchain technology and decentralisation to resolve the above problems existing in the current social media industry.

On LoopIn, all users can finally own their content and be rewarded by sharing it with others. Rewards in the form of virtual tokens are given to content creators by other users of the platform based on whether they enjoyed the content.

As rewards can only be obtained through others on the platform, there is an incentive in producing quality content that users would enjoy. Cheap, easy-to-generate and low-quality content like click-bait articles and brand-sponsoring posts would receive little to no endorsement on a platform where it costs money to Like it, making LoopIn a place where each item in a user’s feed is meaningful and with a higher potential value to that user.

LoopIn is also the first social media platform that does not natively support advertisements in order to create a free space for everyone to enjoy and not feel targeted by businesses.

LoopIn’s reward system aims at making the process of exchanging digital goods easier so that more people can own digital assets, grow accustomed to them and learn how the assets of the future are exchanged.

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LoopIn coins (LIC) are the tokens that will be distributed to investors during the token sale period. All investors will also receive an amount of Loops to get them ready to use the platform when it’s deployed on the main network. LoopIn coins will be tradable on cryptocurrency exchanges for fiat or other crypto currencies as needed.

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Rupert Cobbe-Warburton
Co-founder & Lead Developer

• Multiple years of development experience in the investment banking space in companies such as J.P. Morgan Chase & Co. and Bank of America Merrill Lynch.
• Blockchain believer. Has been trading cryptocurrency since 2013 and exploring distributed ledger solutions thereafter.
• LinkedIn - https://www.linkedin.com/in/rupert-cobbe-warburton-5a3a0647/

Victoria Xie
Co-founder, Developer & Marketing

• Diverse experience in quantitative investment research and investment banking technology in companies such as J.P. Morgan Chase & Co.
• Blockchain enthusiast with particular interest in exploring the potentials of blockchain technology in the finance space.
• LinkedIn: https://www.linkedin.com/in/victoria-xie-183322a0/

** NOTE: The Chinese version of the website and white paper are purely to help investment in the project. We operate in the UK and therefore are not subject to China's latest regulatory decisions**

good project sir and I hope this project will be on the right path good luck

Thanks! Nice website btw  ;)

The price this coins pretty good. it seems interesting project and whether bounty social media campaign will you launch on this coin?
I think this project very promosing and have a future for to participate in here. you must make this ico successful. hope succes.

Any more details on this? Any demo or beta to test? Roadmap? Are your coins going to be time-locked?

There is currently no demo or alpha version of the product. Original post updated. You can also find the roadmap on our website (http://www.loopin.network). We will be distributing the coins as soon as the ICO ends. :)

https://i.imgur.com/lqTDJ4y.png

I want reserve RUSSIAN translation Whitepaper and ANN.. My previous works:

https://bitcointalk.org/index.php?topic=1866226
https://bitcointalk.org/index.php?topic=1875512  Ann & Whitepaper
https://bitcointalk.org/index.php?topic=1931949
https://bitcointalk.org/index.php?topic=2038515  Ann & Whitepaper
https://bitcointalk.org/index.php?topic=2045418    
https://bitcointalk.org/index.php?topic=2059394  Ann & Whitepaper
https://bitcointalk.org/index.php?topic=2063430  Ann & Whitepaper
https://bitcointalk.org/index.php?topic=2069915

Yeah, it was obvious. Why not?  ;D

Thank you Jcga for helping to show our logo image!

a very good concept for use on social media,
good luck to his dev project for his social media campaign
tried to join. thank you

Where are you based? Will China's banning of ICOs affect your project?

look like a chinese man ,who want to make money from ico .  a newbie account ,no teammember infomation ,full of text ,want to collect money ,that's funny .

I personally liked the fact that you want to refuse advertising in a social network. She became very intrusive.

We are based in the U.K., so there will be no issues.

We have team member information provided in the post and on the website :)

Thanks, we're sick of it too!

The token sale is live now! Come join the blockchain revolution at www.loopin.network

You really should have done SOMETHING before trying for an ICO, there are working social media platforms already like STEEM, and Galactikka had a working product before their ICO.

That's not necessarily true. Most ICOs don't have something working and that's exactly why they need funding before starting. The ones that have already produced something before their ICO have had previous private funding, STEEM is an example of this.

What's your ico soft cap?

interesting projects, with this everyone will get the copyright on their content, I'm sure this project can develop very quickly, the concept of social media can always be a very interesting part to follow, because the social media become a very needed by the public, good luck with your project.

It will be revealed once it is reached.