Have you lost it and have no other ideas to launch ICO with it?? imagine now with this new thing cyber security on blockchain, what if a group of hackers find a way to defeat your system? then every body in the network is screwed. since this is the first time I see a project in this area we should wait and see the other competitors, this isn't about how many transactions are processed in a second and with so many coins doing more than Bitcoin we see it's dominance over them, this is about real threats and real time protection on wide network of users.
Hi and stay calm =)
LevelNet technology is not built on the blockchain protocol. We have our own protocol.
If you are interested in the technical part, pay attention to the FAQ: in section About LevelNet:
https://levelnet.co/faq.htmlIf you are interested in how it works from a deep technical point, you can read our patent document:
https://levelnet.co/files/LevelNet%20Tech%20Patent.pdfIf you have any questions, do not hesitate, we are ready to answer and tell you more about our technology.
If you read more carefully our white paper, you will be able to understand the objectives of ICO. We propose the following exit strategy for LVL tokens holders issued by LevelNet.
We took into account interests of diverse user groups and contributors and provide
three exit strategies.
1. Short-term (up to one year)
The growth of the token in the price on the crypto currency exchanges due to the
provision of liquidity by a smart contract that performs the function of a buyback with
the help of funds from the Buyback Fund. Smart contract automatically redeems tokens
from the market by creating Market Order. Smart contract algorithms actually indicate
to market participants that they can always sell tokens at a market price without delays,
creating a demand for tokens. The buyback fund is formed at the expense of funds
received during the ITO and the buy-back runs till the funds are exhausted in the fund.
2. Long-term (one year and more)
Tokens owners who have not sold their tokens in a short-term strategy receive a
preemptive right to exchange a token for a stake in the fund whose purpose is to acquire
local cyber security companies with the subsequent integration of LevelNet technology
into their products. The Fund provides for a gradual decrease in the equity participation
of founders and transfer to participants, who invested in the following phases of ITO.
Owning a share in the fund opens the possibility of participating in the distribution of
profits.
Payout Structure A smart contract allows token owners to receive payment from
the Money Back and Buyback funds starting from the 60th day
after the offering.
3. Output in the product (year and more)
Tokens owners get access to using the LevelNet project software. Besides opens the
ability to exchange tokens for subscription to use the API and SDK for corporate users.
This, in turn, allows tokens owners to sell subscriptions to corporate and business users.
