What is LikeCoin?
LikeCoin is an Ethereum based token that will:
- Incentivize the user
- the content creator
- and the LikeCoin Ecosystem through social media interactions via "click mining."
Token Structure
Total Supply 3,000,000,000 100%
Tokens for Sale 1,250,000,000 41.67%
Team Tokens 150,000,000 5%
Marketing 125,000,000 4.17%
Unlocking 1,475,000,000 49.17
Minimun Investment: 3 Eth
Maximum Investement: 4400 Eth
Wallets Addresses
Reserve Fund Wallet: 0xE1A4c6A9248E21A213c87E9a84a8925016c950D8
Team Wallet: 0x59FB13290Dd4173A7fD5107d94f08CF3d793DC9D
Unsold tokens will be permanently burned.
Token Sale
ILO will be conducted in two phases. Pre-Sale and Public Sale.
Pre-sale token price: 0.03 cents/ LikeCoin +10% referral bonus -- Starts 30th April 2020
Public Sale token price: 05 cents/ LikeCoin + 10% referral bonus -- TBD
How are we raising funds for the project?
We are raising funds by holding an Initial Loan Offering (ILO). Initial Loan Offering (ILO) was conceptualized by our accounting team to protect the investors. ILO is a new way to support and fund our project. Funds will be raised by getting a loan from our investors and our tokens will be distributed to investors. All loans must be paid back to the investors in USD equivalent of the amount raised by 12/31/2023. The investors will continue to retain their LikeCoin tokens even after the repayment of the loan.
You get double the reward for supporting our project. You get your money back and you get LikeCoins!
Built in Investor Protection Clauses within the Smart Contract
There are clauses within the smart contract to protect the investors and assure the investors’s funds are safe.
1) The smart contract will automatically execute and send 25% of the raised funds to the reserve fund. This fund will only be accessed upon the votes from the community if used for the project. If used to pay back the investors then no voting is necessary.
2) Every month the smart contract will execute a function and send 1.875% of the funds from the team wallet to the reserve fund.
3) Any quarter that the team hasn’t met the roadmap goal, the community may vote to transfer 5% from team wallet to reserve wallet.
4) The smart contract will prevent the team from using more than 3.5% of the team’s funds per month unless voted on by the token holders.
5) Once the reserve fund reaches the total value raised for the project from the investors, then the smart contract will be executed that will repay back the loan to the investors in the amount raised for the project in USD value.
How will LikeCoin work?
- Content creator will create content (tweet/post)
- User will like the content
- This will trigger the mining pool to release Likecoins. Released LikeCoin is distributed in the following manner:
34% to the User
33% to the Content Creator
33% LikeCoin Reserve
-The LikeCoin ecosystem is dependent on the engagement of the users. The users initiate the release of tokens from the mining pool which in turn is distributed among the user, content creator, and LikeCoin Reserve.
Release of coins is dependent on the total LikeCoin holdings of the user. The more LikeCoins the user holds, the higher the release rate.
Token SaleILO will be conducted in two phases. Pre-Sale and Public Sale.
Pre-sale token price: 0.03 cents/ LikeCoin +10% referral bonus -- Starts 30th April 2020
Public Sale token price: 05 cents/ LikeCoin + 10% referral bonus -- TBDReferral Program
LikeCoin offers a generous referral bonus for our investors. Investors will receive a referral code upon investing in LikeCoin. The referring investor will receive 10% of LikeCoins that the referred investor has purchased. For example, if investor A refers investor B and investor B purchases 100,000 tokens then person A will receive 10,000 tokens.
What is Click Mining?
You don’t need any fancy hardware and software to mine LikeCoins. It’s as easy as a click! By clicking the like button, you will mine LikeCoins. It’s that simple. You only need 500 LikeCoins in your wallet to start mining. You can use any ethereum wallet or you can use LikeCoin Cloud Wallet. Like away!
What is LikeCoin Cloud Wallet?
Cloud Wallet is created when a user likes a post and the person whose post is liked (content creator) doesn’t have a wallet connected to their social media handle. A wallet is automatically created for the content creator where the mined coins are sent and the wallet passphrase is sent to the inbox of the content creator in order to have access to their newly formed wallet and LikeCoins.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FmarfWry.jpg&t=665&c=NuvbNMmMOAhOAg)
Contact Us
Contact Us By Email
Email:
support@golikecoin.com - General inquiries.
team@golikecoin.com - Interested in working with us and joining our team.
community@golikecoin.com - Interviews and other community related questions