LoveBlock (LB)-Decentralized dating database. LoveBlock is the world's most innovative blockchain project dedicated to solving problems in the world's marriage and love industry. LoveBlock is headquartered in Singapore and is working to develop a verification system that will completely change the current status of the online dating industry and its future development.
While solving the problems of the dating industry, LoveBlock provides new possibilities for future growth, user incentives and the introduction of cryptocurrency (LoveBlock's cryptocurrency has a user base of more than 2 million in its initial stage).
Industry core problems solved by LoveBlockFraud
LoveBlock's unique authentication system can quickly identify fraud. The fraudster's information will be encrypted and stored on LoveBlock and shared with other DApps. By exposing fraudsters in advance, prevent them from causing harm to users and the platform.
User incentives
On LoveBlock, the behavior of each user will be quantified based on their contribution to the community. The more users contribute, the more rewards they will receive. In this way, users are encouraged to use the service continuously and benignly.
Decentralized Dating
On LoveBlock, no computer or server can store user data, which eliminates the security risks that have plagued the dating industry for a long time. In addition, each user can create a circle of friends composed of friends and acquaintances. When the user successfully invites friends to join, they will be rewarded.
LoveBlock solves the core problem of online dating· Decentralized dating database-release the value of data
· Secure data processing mechanism using homomorphic encryption
· Tokens with value-added prospects-Integrate DDD tokens into Luxy, a well-known online dating software with 2 million users
· Integrated DApp-All DApps will use DDD as a token, which ensures the future development of DDD
· Security standards based on blockchain technology and a secure interconnected ecosystem will completely eliminate fraud in all dating platforms on the LoveBlock network
·Verification and security guarantees on almost all online dating platforms are terrible. LoveBlock solves this critical problem
· Enhance the competitiveness of the dating platform and improve user satisfaction
Cooperation with LuxyLoveBlock cooperates with Luxy, a well-known online dating platform in Europe and the United States. Luxy currently has more than 2 million active users worldwide. Luxy is the number one high-end dating software. For Luxy, protecting user privacy and security is more necessary than any other platform.
Luxy is a world-renowned online dating software that has been reported by Jimmy Kimmel, SNL, CNN, CNBC, New York Times, Huffington Post, Vanity Fair and many other media.
The DDD token, the abbreviation of "Decentralized Database for Dating", is established in accordance with the ERC20 standard. DDD is the only cryptocurrency of the LoveBlock community and is used for the entire DApp network transaction. DDD tokens can already be used to purchase services on Luxy.
·DDD = Decentralized Database for DaTIng (decentralized dating database)
· Luxy's total revenue in 2017: US$5.5 million
· Luxy is the first platform to use DDD.
Using DDD to purchase services at Luxy is cheaper than any other payment method, which can increase the acceptance of DDD. This method will also be used to integrate DDD into other software that joins the LoveBlock platform.
· With the guarantee of millions of user bases and the support of growing users in new markets, DDD will remain in high demand for a long time.
The development of LoveBlock has increased the demand for DDDLoveBlock will unite more partners and continue to accept new DApps to join. Cooperation with LoveBlock is very beneficial to other apps. Because LoveBlock is the safest dating network in the world. Allows the exchange of encrypted data to eliminate fraud on all platforms and apps.
Companies don’t have to act passively when scammers pose a threat to the security of the platform. On the contrary, on LoveBlock, they are able to obtain the information of the scammer as soon as possible, thereby preventing them from entering the platform immediately and permanently. The fraudster’s data will be permanently stored on the blockchain and will be linked to a personal identifier/biometric to ensure that the user cannot cause damage to any application on the LoveBlock network under any circumstances.
LoveBlock will decentralize the entire process, improve security; increase participation through incentives, and create a network that allows effective and secure data transmission across all platforms.
LoveBlock is the first initiator to propose encrypted data transmission on major dating platforms, aiming to eliminate fraudulent activities in the platform and optimize the entire ecosystem. Improve the user experience of each dating software or DApp, increase user retention, and thereby increase paid conversions.
LoveBlock's token DDD will be issued as ERC-20 tokens during the pre-sale period. After the ICO ends, token holders can exchange ERC-20DDD tokens into new LoveBlock-based DDD tokens at a conversion rate of 1:1.
DDD is currently available for purchase by LoveBlock community members and interested investors. Relying on the common vision from all parties to change the face of the online dating industry, LoveBlock and its community will strive to create value in this ever-evolving industry and initiate changes while adapting.
LoveBlock DDD Token is based on Ethereum. Before "mining", the total issuance of DDD tokens was 1 billion, and no more than 25 million tokens were issued every year.
DDD Token distribution• 35% will be distributed during the pre-sale phase.
• 20% is distributed to early investors of LoveBlock.
• 10% of DDD will be used to reward partner DApps for joining, as well as reward users and developers who participate in the development and improvement of LoveBlock's overall community.
• 20% is provided to core developers, founders and LoveBlock team. A 24-month smart contract will be bound and unlocked every 6 months.
• 5% of DDD will be used for marketing activities, such as early user incentives-such as Bounty and Airdrop.
• 10% of DDD will be locked as a strategic buffer for at least 12 months and will be gradually allocated to new contributors on a regular basis. The premise is that the release of these tokens should benefit the development of the entire LoveBlock community.
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