[ANN] LevelNet : The First Distributed Cyber Security Platform

[Darkoth89]

Still not many people doing the signature campaign so far! Could mean big shares for the 7 of us doing it lol

Decided to join your recommended campaign and this looks really good. The concept is neat and should be a good security. While crypto is booming more hacking/phishing attempts will follow and this is a good addition to protect us.

Haha, welcome dude!

[LevelNet]

Thanks, seen, but why is there so much huge gap between the soft cap and the hard cap, the soft cap is $1.5 million while the hard cap is $55 million, it just doesn't make sense to me why the different is so huge

Great question! Here is our answer.

In connection with the fact that all collected funds during the ICO are divided into money funds and part of the funds is sent back to support the liquidity of the token. We made a hard cap to
limit the amount of money collected, which are directed to the development and implementation of the LevelNet project, as well as to protect the interests of investors and maintain the liquidity of the token.
In order to understand the formation of funds, let's look at their purpose. The purpose of the funds:
- Buyback. To increase the interest for the community members, as well as to foster equitable spending on product development, we created a smart contract. This contract, using the funds from the "Buyback Fund," will regularly buy back tokens from the market using the algorithm described below. Buybacks will be carried out on CryptoCurrency exchanges.
The buyback algorithm is built on the Token Offering results, i.e., on the total number of tokens sold. Depending on the "Return Fund," the smart contract algorithm redeems tokens automatically from exchanges on which it trades. Returned tokens are destroyed.
- Money Back Guarantee.In order to increase the investor interest, we created a smart contract that provides an opportunity to receive a reward for participation in the LevelNet project. Depending on the amount of token, the payment is made in the form of money, the smart contract algorithm automatically calculates and sends a one-time payment to the investor from the "Money Back" Guarantee Fund. The tokens in this algorithm remain in existence.
- Development & Implementation Fund.This fund is the development, administration and management of the LevelNet project. A more detailed description of the fund's expenditure can be found here

For example: If the hard cap is collected then the distribution will be as follows:





Those. as you see on the development and implementation of leaving a smaller part of the money, and the rest of the money will be sent back to the market to support liquidity.

Conclusion.
Hard Cap is in our case this is the maximum capacity of ICO. The capacity was chosen not accidentally, in order to valuation the project
in a fair way, the method is described on page 23 of white paper. The valuation is based on the volume of Development & Implementation Fund. And the value of the Hard Cap ICO is made to
set the valuation cap of the LevelNet project.

References:
https://medium.com/@LevelNetwork/how-lvl-tokens-will-maintain-their-liquidity-6f626339186f
https://medium.com/@LevelNetwork/maintaining-of-liquidity-of-the-lvl-token-issued-by-levelnet-283c8765ed1f
https://medium.com/@LevelNetwork/exit-strategy-for-lvl-tokens-holders-issued-by-levelnet-2b22ae7946c3
https://levelnet.co/files/LevelNet%20White%20Paper.pdf (page 23-Valuation and Valuation Cap)
https://levelnet.co/files/LevelNet%20White%20Paper.pdf (page 18- Buyback and alogoritm)
https://levelnet.co/files/LevelNet%20White%20Paper.pdf (page 19- Money Back Guarantee and alogoritm)

I hope I could explain to you, if you have any questions feel free to ask, we will respond to any

[LevelNet]

Just tried to make an interesting content.
10 major cyber attacks in the history of mankind.
https://medium.com/@LevelNetwork/10-major-cyber-attacks-in-the-history-of-mankind-cd6d53f5361c

[darwinbravais]

Just finished reading the white paper. This actually seems like a really cool idea. 

[cryptohawkz]

Just tried to make an interesting content.
10 major cyber attacks in the history of mankind.
https://medium.com/@LevelNetwork/10-major-cyber-attacks-in-the-history-of-mankind-cd6d53f5361c

Interesting read, it is is clearly the time to shifit our focus on prevention and begin to drive it more equitably to detection and response.

[Grim149x]

I haven't seen what to do in the signature campaign bounty. Should we post, what to post, and where to post, those sorts of stuff? Or I might not have seen it.

Please clarify, thank you.

[LevelNet]

I haven't seen what to do in the signature campaign bounty. Should we post, what to post, and where to post, those sorts of stuff? Or I might not have seen it.

Please clarify, thank you.

We would be happy to tell you how much to post, but the BTT rules prohibit it. We hope you understand  

We have a lot of interesting content https://medium.com/@LevelNetwork. Do you understand my hint?

We also have short pictures and abstracts that reflect the essence of the project. https://twitter.com/LevelNetwork They are very convenient to use in posts on the BTT

For example :

[LevelNet]

Sharing cyber security capabilities is the new approach to tackle cyber security

[BlackMercury]

Just finished reading the white paper. This actually seems like a really cool idea. 

Glad more people are starting to join now! Im trying to get all my crypto friends to join!

[LevelNet]

Just finished reading the white paper. This actually seems like a really cool idea. 

Glad more people are starting to join now! Im trying to get all my crypto friends to join!

Great! Please help us spread the word!

[LevelNet]

Hello everyone, we have created a new Bounty Thread on Bitcoin Talk.

Go and take a look! Share and start participating today in one of our campaigns to earn LVL tokens.

https://bitcointalk.org/index.php?topic=2328023.msg23660915#msg23660915

[LevelNet]

LevelNet Token Pre-Sale starts in 18 days!

Visit http://levelnet.co and pre-register today!

[LevelNet]

LevelNet provides synergistic protection solutions for consumer and corporate sectors.
Pre-register ----->https://levelnet.co

[LevelNet]

**IMPORTANT **

To get your bounty reward after the end of the campaign, you need to create a personal account on Orderbook.io.

Please sign up there with the same email you used to submit your bounty application.

Once stakes are counted and distribution process is initiated, we will credit your tokens directly into this account.

Thank you!

[Darkoth89]

**IMPORTANT **

To get your bounty reward after the end of the campaign, you need to create a personal account on Orderbook.io.

Please sign up there with the same email you used to submit your bounty application.

Once stakes are counted and distribution process is initiated, we will credit your tokens directly into this account.

Thank you!

Awesome, now to try and remember which email I used lol

[LevelNet]

Awesome, now to try and remember which email I used lol

Sorry for the inconvenience

[LevelNet]

Users Feedback. LevelNet ICO (Recap 10/29/2017)
Let us summarize some intermediate results. We continue to collect, in our opinion, the most interesting questions and statements.
https://medium.com/@LevelNetwork/users-feedback-levelnet-ico-recap-10-29-2017-793e342b2e97

[cryptohawkz]

**IMPORTANT **

To get your bounty reward after the end of the campaign, you need to create a personal account on Orderbook.io.

Please sign up there with the same email you used to submit your bounty application.

Once stakes are counted and distribution process is initiated, we will credit your tokens directly into this account.

Thank you!

Done! Looking foraward to it

[jezus]

What email i used to join bounty campagin?

[Darkoth89]

Awesome, now to try and remember which email I used lol

Sorry for the inconvenience

Haha, not your fault! I think i remember which one it is.