[ANN] LOBEFY - Decentralized Crowdfunding Social Media Platform

[Lonelly_Mode]

What is the Lobefy mission and so far has it reached the target?

If I see they main goal is to provide a transparent network in which project creators work together with community organizers and investors to solve global issues. Lobefy is a decentralized application based on the Ethereum blockchain governed by its users. Lobefy offers complete transparency for projects, holding users accountable for the support, funds or donations received as users create and support new projects, organizations, and ventures. But to what extent their achievements may only be the team that can answer.

If Lobefy has a mission, it means there is also a vision to be applied to this project. Do you also know about that?

From what I read their vision was that Lobefy uses blockchain technology to provide project accountability and transparency of funds via real time public expense reports. Lobefy pledge to empower projects with a powerful purpose.

[MachNotMark]

What value does Lobefy offer to the community?

[BigDarma]

What value does Lobefy offer to the community?

A driving force at Lobefy is their purpose to provide communities with an opportunity for betterment. They aim to enhance a small action via the magnified effort of in-kind investors. Funding these projects is the first step in creating a positive ripple effect. A collection of small actions leads to a progressively larger difference in improving their global community. I guess so.

[keinelaa]

What is the assessment that a content can't be accepted in the Lobefy community?

[AndreiYoung]

What is the assessment that a content can't be accepted in the Lobefy community?

Inappropriate content is judged by if more than 50% of the votes are given a “negative rating” the cause will be banned and hidden. That's what I know.

[YaoShang]

LOBY tokens are a type of utility token or security token? Does anyone know?

[HarryJoett]

Can anyone here provide an example of a project and how to Lobefy in funding them through projects that are currently being discussed?

[HarryJoett]

Can anyone here provide an example of a project and how to Lobefy in funding them through projects that are currently being discussed?

From the source I got for the example like Baseball club for orphanages. A baseball team is supported by enterprises and companies who can financially support the creation of the team. Funds are needed for things like uniforms, a coach’s stipend, and paying for use of the baseball diamond. A baseball association has a positive impact on the community could serve as a good alternative for the children at the orphanage in place of getting involved in negative or illegal activity. Additionally, it teaches them team-building skills to prepare them for life on their own. The tickets sold for the game could be used to support the team and their needs. Merchandise can also be sold through the Lobefy marketplace.

May I know where the source of information is? and are the examples of these projects running now?

[HarryJoett]

Can anyone here provide an example of a project and how to Lobefy in funding them through projects that are currently being discussed?

From the source I got for the example like Baseball club for orphanages. A baseball team is supported by enterprises and companies who can financially support the creation of the team. Funds are needed for things like uniforms, a coach’s stipend, and paying for use of the baseball diamond. A baseball association has a positive impact on the community could serve as a good alternative for the children at the orphanage in place of getting involved in negative or illegal activity. Additionally, it teaches them team-building skills to prepare them for life on their own. The tickets sold for the game could be used to support the team and their needs. Merchandise can also be sold through the Lobefy marketplace.

May I know where the source of information is? and are the examples of these projects running now?

I got this information from the Lobefy website, and it looks like that's only part of the case. There is no more explanation about it. Sorry that's all I've right now.

Ok thanks for responding. And no need to apologize like that. 

[MachNotMark]

What is the procedure for those who want to give donations, as well as those who receive donations on the Lobefy community?

[Lonelly_Mode]

Well, hopefully there are various updates that are being developed by the Lobefy team. In order to make the development in the crypto world more colorful. And that certainly adds insight into technological progress.

[BigDarma]

What makes LOBY tokens different from the many tokens currently available?

[AndreiYoung]

What makes LOBY tokens different from the many tokens currently available?

I think that making different LOBY tokens with other tokens is certain from the concept, besides that LOBY tokens are also more used as donations to members of the community who are in need of assistance in developing projects that they are currently working on.

[GrahamHood]

What makes LOBY tokens different from the many tokens currently available?

There are many different crowdfunding sites to choose from. Lobefy main difference is fees and accountability. At Lobefy, they demand no percentage for projects to advertise, reach their goal or require any fees to donate. All contributions go directly to the project they are pledged to and all projects are required to provide proof of how the funds were used. Thanks to blockchain technology, the public ledger will be available for all to verify. Source Lobefy website.

[keinelaa]

So far what is has the team achieved in carrying out their vision and mission?

[Lonelly_Mode]

Why does the LOBY token prefer to be a utility token compared to other options? Are there certain reasons?

[YaoShang]

Why does the LOBY token prefer to be a utility token compared to other options? Are there certain reasons?

My opinion might be that LOBY tokens are made as utility tokens so that each user can send and receive LOBI tokens directly through decentralization network without intermediary fees.

[HarryJoett]

As we know the current ETH prices are not stable and even dropped dramatically. Why does Lobefy continue to use ERC-20 on the ETH blockchain network, not to make coins by themselves if the team feels they have a concept that many people will like?

Making own coins is not an easy thing, and it requires a lot of money, even though the team believes that the concept will be liked by many but must think about future risks.

[AndreiYoung]

Why hasn't there been any recent information or news about Lobefy's project development on their social media accounts? How will people know what they are doing right now?

[primer61]

* How are we different from others

There are many different crowdfunding sites to choose from. Lobefy provides variable settings for whether your projects reach benchmarks for funding and rewards and we allow versatility of many types of projects, support requests, ventures and interests. Our main difference is fees and accountability. At Lobefy, we demand no percentage for projects to advertise, reach their goal or require any fees to donate. All contributions go directly to the project they are pledged to and all projects are required to provide proof of how the funds were used. Thanks to blockchain technology, the public ledger will be available for all to verify.

I like the part about requirement to proof the funds usage. How exactly will it be implemented? By the way, if your project requires no percentage or fees, how will it support itself and continue operating?