[ANN] Decentral Life, Social networking and e-marketplace platform

[bitxind_official]

Decentral Life is a Blockchain Powered Decentralized Social Networking and Token Project, powering niche industry Social Network and E-commerce companies that license the Social Life Network SaaS platform.
Social Life Network is a Technology Business Incubator (TBI) that, through individual the licensing agreements, provides tech startups with seed technology development, legal and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network user-ship.
Decentral Life technology is an artificial intelligence (“AI”) powered social network and e-commerce platform that uses blockchain technology to increase user activity, speed, security, and accuracy on the niche social networks that we license to the companies in our TBI.
Since the launch of the company in January of 2013, the Company has launched niche industry social networks to service the millions of business professionals and consumers in the residential real estate industry, the legal global cannabis industry, sports verticals including racket sports, golf, cycling, soccer, space exploration, auto racing, travel, hunting, fishing, and camping. The Company operates in part, like a publicly traded tech incubator, and retains ownership in each licensee through stock and options ownership when they reach a contracted user ship growth, outlined in their licensing contracts. This allows the Company to minimize its expenses and exposure to failed start-ups licensees that use its platform.

On January 28, 2022, Decentral Life launched WDLF Token Initial Coin Offering under the securities exemption of Regulation D, Rule 506 (c) of the Securities Act of 1933. Only Accredited Investors may participate in a Rule 506(c) Offering.


What is the WDLF Token?
The WDLF Token is an Ethereum ERC20 Utility Token that is mined by users of the social networking and e-marketplace platform that is powered by the Social Life technology business incubator program (TBI), a division of Decentral Life.


Why Choose WDLF Tokens?
✓  Earning Power: Social networking, buying and selling on Decentral Life powered networks are a great way to earn extra cryptocurrency income each month by mining WDLF.
✓ No Transaction Gas Fees: Many cyptocurrency earning programs charge gas fees when moving your earned tokens to a wallet or exchange. Decentral Life Does Not.
✓ WDLF Token Burning: WDLF Token Burning: For every token earned through the mining process of social activity, Decentral Life burns a WDLF token, thus diminishing the long-term supply available.
✓ Initial Coin Offering (ICO): The ICO aims to attract WDLF Token speculators and investors, resulting in an increase in the value of WDLF Tokens if the demand outpaces the supply.

Company Social Accounts:
✓ Twitter: https://twitter.com/sociallifenetwk
✓ Linkedin: https://www.linkedin.com/company/socialnetwork-ai
✓ Facebook: https://www.facebook.com/SocialLifeNetwork
✓ Reddit: https://www.reddit.com/r/WDLF
✓ Github: https://github.com/wdlfx
✓ Youtube: https://www.youtube.com/c/SocialLifeNetworkInc

Official Website: https://token.wdlf.ai/

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[jc12345]

It seems that you have a very complicated mechanism and formulas of how the token will be managed, how earnings will work which sounds glamorous and fancy. Not necessarily a problem. However, if we reduce the project to its essence the following remains which would be good if you can enlighten us in order to evaluate you project properly:

• You mention the token is a utility token, yet you say in your whitepaper that one of the premium rewards that will drive demand is that "they participate in the equity disbursement of the company during a potential liquidity event" and "The model is like being a shareholder in a company". This sounds very much like a security to me and not a utility.
• You say "The Worldwide Decentralized Life Token (the “WDLF Token”) is an implementation of Token loyalty rewards, when mined by network users, quantify loyalty value. This organically increases the network effect for each of our TBI companies as they grow their loyal usership on their niche social network marketplace. Additionally, the user can take the WDLF Tokens they earn and purchase products or services offered by that network and their industry partners." Yet you do not say what is going to provide the token its value. Added to this you say "some users will aim to earn $50 - $65 a day in WDLF Tokens". Based on which market price do you calculate the $ value to make this claim?
• You say that the demand will be driven by premium rewards but do not specify what those rewards are, except to share in the proceeds at time of liquidation.

This brings me to the point that in essence you will receive money from a token sale, then token holders will have tokens and will earn more tokens using the complex token mechanism and that is it. When those token holders sell on an exchange there will be price pressure to downwards. Even if holders can buy things with the tokens the number of tokens needed to buy $1 of goods will increase as the unit price of the tokens on the exchange goes down. How do you plan to maintain the $ value of the tokens to sustain your tokenomics model, apart from the premium rewards you do not specify?