LOVE (Ticker Symbol: LOVE) is a cryptocurrency made for worldwide adoption. In business, finance, and accounting we have for many years recognized “intangible assets,” such as goodwill, positive reviews, and likes as the long-term value of love for a brand. With blockchain and innovative peer-to-peer cryptocurrency technology, we are able to send a monetary value peer to peer without any centralized entity. LOVE, the name, has the perfect product-market fit in sending a monetary value when connecting, incentivizing, or micro-tipping together with “positive energy” or “LOVE”. As an example, content creators and streamers today are using centralized platforms like Patreon, Twitch bits, and Onlyfans to receive instant monetary gratification only to experience paying high commission and censorship. Bitcoin was an alternative in the past to receive donations but many streamers were experiencing difficulties due to high transaction costs and slow transaction speed between users and Bitcoin did not achieve mainstream adoption. LOVE cryptocurrency will have a number of important advantages to many other crypto or payment gateways. Not only is the name to send and receive "LOVE" more suitable, LOVE will have 3 second block times and cost less than a penny per transaction.
The market value of a cryptocurrency is the amount of users and the adoption rate. The game theory behind LOVE cryptocurrency is “blitzscaling,” a strategy that influential social networks such as Facebook, Linkedin and Paypal used to achieve global success. “Blitzscaling” a network is to have something in a name, platform or concept that increases the users in the network “by itself” without the need to educate or acquire new users to join which leads to slowed down adoption. Bitcoin and cryptocurrencies in general have experienced this great challenge and prevented mainstream adoption. In the same way new users did not decline a friend request before joining and learning about Facebook, new users will most likely not decline LOVE from a person or platform they know with no need to first be educated about blockchain or cryptocurrencies.
Success for social networks came through easy implementation of “friend requests” from users’ own trusted network. LOVE will increase the network in a very similar way.
The blockchain technology infrastructure for LOVE is built on PulseChain, the latest Ethereum fork with Proof of Stake consensus algorithm providing fast and cheap transactions. LOVE (Ticker Symbol: LOVE) will be both an ERC-20 and PRC-20 token traded on both networks. The wallets used are standard wallets such as Metamask and also a dedicated wallet called Lovefy that will be available on Android and iOS. The wallet will include AMM (PulseX) for easy exchange and transactions and be tailored for incentivisation, engagement, cross promotion, partnerships, micro payments, referral commissions, and more, across multiple social media platforms.
In layman’s terms the Lovefy wallet will enable users to easily send LOVE monetary amount in private messages, through LOVE QR codes on social media, Instagram, Facebook etc or streaming such as Youtube, Twitch etc. LOVE can be earned, spent, staked or saved in the wallet and other official cryptocurrency wallets. The Love.io protocol is utilizing the latest blockchain technology and creating an exchange ability across social media platforms and through the interchangeability into any world fiat currency via built in AMM Swap functionality.
Send & Receive
Send and receive safely, using a QR code or address, Lovefy Wallet automatically checks all addresses for errors.
Send and Receive LOVE and other Digital Assets
AMM SWAP function - Exchange directly to fiat currency including USDT
Mobile Pay- Connect Visa, MasterCard, American Express, Diners
Micro Tipping and Rewards to Influencers and Streamers
Micro tipping and donations to Influencers and Live streaming has become incredibly popular over the last few years, with most streamers appearing on YouTube and Twitch. Many content creators have managed to make a living using Micro payments from followers through Twitch Bits, Youtube Super chat, Super ticker, Patreon and many more. The challenges for most streamers and content creators are both the high commission charged by the centralized platforms and also the censuring policies or “shadow banning” that might take away the possibility to take donations.
Bitcoin was an alternative in the past to receive donations but many streamers were experiencing difficulties due to high transaction costs and slow confirmation speed between users. LOVE cryptocurrency will have a number of important advantages to Bitcoin and many other crypto or payment gateways. Not only is the name to send and receive "LOVE" more suitable, built on PulseChain, LOVE will have 3 second block times and cost less than a penny per transaction.
Sending LOVE peer-to-peer through wallet addresses and QR codes will become the next natural unstoppable alternative for many influencers and streamers to receive donations. Other important advantages: the user does not need a local bank account to accept LOVE , and will be able to receive donations from anyone anywhere in the world. It does not have high commissions, transaction fees or hidden costs, and the user can easily do an AMM swap to any cryptocurrency or fiat currency of their choice in the Lovefy wallet.
Incentivize Reviews and Donations
Apart from LOVE energy actually presumably being the largest most valuable“network” in the world there are many other advantages in sending a monetary amount with LOVE cryptocurrency. Receiving a monetary amount in LOVE through QR codes makes Tipping and donations more genuine.
Another example using monetary energy alone is harder for a business to incentivize good reviews through micro tipping for example. Sending LOVE cryptocurrency between business and customer can be communicated even without the monetary amount. It is the “thought” that counts first of all.
Buy LOVE and get your brand or product promoted. Lovefy.com is building a global influencer and social shopping search engine currently with a database of over 1 million influencers in 89 countries. Companies, brands and businesses can search influencers that are targeting their audience locally or internationally to get their business promoted. Influencers can either earn in LOVE or be paid in any fiat currency of their choice. Whether it is a multinational brand, Shopify shop, local shop or business can build influencer marketing or social shopping campaigns with LOVEFY SEARCH
Cashback & Loyalty Rewards
Earn Cashback and LOVE cryptocurrency. Lovefy.com marketplace displays today over 100,000 products and loved brands such as Burberry, Calvin Klein, Christian Dior, Dolce & Gabbana, Elizabeth Arden, Giorgio Armani, Givenchy, Gucci, Guerlain, Hugo Boss, Jimmy Choo, Ralph Lauren, Versace, Yves Saint Laurent for every purchase, customers receive cashback in cryptocurrency. LOVE tokens are exchangeable to various cryptocurrencies, or VISA/MasterCard. MARKETPLACE
Monetary Gifts in Asian Culture
WeChat red envelope (or WeChat red packet) is a mobile application developed by Chinese technology company Tencent. The concept, also offered by its market competitors Alibaba and Baidu, is based on the Chinese tradition of hongbao (red envelope, or red packet), where money is given to family and friends as a gift. The application was launched by Tencent in January 2014 and has subsequently gained popularity, with Tencent reporting 2.3 billion transactions on 1 January 2016 alone.
Monetary Gifts in Western Culture
Sending monetary energy or “money alone”, is not appreciated especially in western cultures. Gifts are more appreciated with some thought as we say. In the past we have solved this by giving Gift Vouchers etc which in reality is “locking” in the receiver to spend the monetary energy to one specific business. Sending LOVE changes this
Blitzscaling of LOVE
“Blitzscaling” a network is to have something in a name, platform or concept that increases the users in the network “by itself” without the need to educate or acquire new users to join which leads to slowed down adoption. Bitcoin and cryptocurrencies in general have experienced this great challenge and prevented mainstream adoption. Success for social networks came through implementation of “friend requests” from users’ own trusted network outside the platform. New users don’t decline a friend request from a person they know. If the request was from someone the user didn’t know or from the platform itself the user would most likely not join.
The same counts for Paypal and co-founder Peter Thiel describe that the first real success of Paypal was when introducing emails to send funds. Users already inside the Paypal network attracted new users outside the network through email requests, which led to the network growing exponentially with new users.
LOVE, as a name for a cryptocurrency, has the same built-in network increase mechanism. The network will blitzscale similarly to LinkedIn, Facebook and Paypal. Users in the network who receive LOVE from people they know will most likely not decline the LOVE and automatically follow by downloading the wallet, which will in turn make the network grow. They will then bring new users through using new peer to peer LOVE interactions to other people in their extended network.
The LOVE blockchain protocol brings real value to its users. It helps users to interact in various ways – sending LOVE with monetary amounts in private messages, posting LOVE QR codes to receive LOVE from followers etc. LOVE allows users to send monetary value peer-to-peer on social apps, plugins and official cryptocurrency wallets.
Utilizing the speed of transactions through blockchain technology creates a peer to peer value exchange ability across social media platforms but also takes away crypto volatility, since LOVE can be immediately exchanged into any fiat currency via AMM SWAP functionality in the Lovefy app.
At its core, LOVE is used for incentivisation, engagement, micro payments, cross promotion, partnerships, referral commissions and more. The value of LOVE will reflect the network growth.
How will LOVE cryptocurrency increase in value
Metcalfe Law* the value of the network increases with the growth of the network. Great examples include Paypal, Facebook and Linkedin. Cryptocurrencies are another example of Metcalfe Law.
With LOVE interactions between users the network will blitzscale in the same way as Linkedin, Facebook and Paypal. Users in the network will bring new users in by using peer to peer LOVE interactions.
More users means an increased value for everyone in the network allowing everyone who holds and “spreads” LOVE to benefit from its growth in equal proportion to their contribution in an increased token price.
Love.io protocol is a registered foundation in ZUG Switzerland with office address Lindenmatt 6 Rotkreuz Zug, 6343 Switzerland
LOVEFY SEARCH NETWORK
Lovefy has created a global influencer search engine with target audience data and monitoring for brands and businesses interested in selling through social networks. Lovefy currently has a database of over 1 million influencers in 89 countries. The world’s first global social shopping network – Connecting you with 1 million+ influencers with world’s famous brands powered by LOVE Cryptocurrency.
Lovefy.com lists over 100,000 products and famous brands such as Burberry Calvin Klein Christian Dior Dolce & Gabbana Elizabeth Arden Giorgio Armani Givenchy Gucci Guerlain Hugo Boss Jimmy Choo Ralph Lauren Versace and Yves Saint Laurent For every purchase, customers receive cashback in cryptocurrency. LOVE tokens are exchangeable to various cryptocurrencies, or VISA/MasterCard.
The Love.io foundation is based in ZUG Switzerland with the only purpose to incentivise the LOVE ecosystem, applications and wallet developers to include LOVE in their networks, platforms and infrastructure. The foundation is a non-profit and reserve fund is designed to allocate funds to projects decided by the Foundation Board of Directors in the interest of the LOVE token holders.
Meet the global management team
We are an international management team with over 200 years of combined experience at some of the most reputable financial institutions and fintech startups around the world. Apart from our global management team we have strong community teams in the US, Europe and Asia.
Anders Johnsson (Sweden)
CEO Lovefy Inc
Anders successfully led projects all over the world and has 20 years’ international experience working in the tech industry in Sweden, US, UK, Australia and more than 10 years in China. Anders has actively been involved in blockchain projects since 2014. He worked with blockchain and Deﬁ start-ups, through to large corporations on blockchain integration strategies, contributing extensive industry experience. Over the past 5 years he has been part of projects with an exit value of over US$737 million in capital. Anders was a co-founder, majority shareholder and director of Diakrit International(diakrit.com), a VR and AI company. He personally recruited the company’s ﬁrst 30 employees in Beijing China, which grew to over 400 employees and oﬃces in eight countries. Today, Diakrit is one of the world leaders in digital visualization tools, VR and AI for the real estate sector. Diakrit was acquired by News Corp Australia in 2016.
Adam Leese (UK)
COO Lovefy Inc
Adam Leese started his career at Unilever PLC and has since managed and founded a number of successful tech startups. He has been involved in the Crypto space since 2013 and is a Blockchain expert. Certified Expert. Adam has strong Business Planning, Product Development, Communication and Marketing skills. He has over 20 years of experience in the technology space and won the Shell Livewire Young Entrepreneur of the Year Award in 1999.
Volker Plöchl (Austria)
CFO Lovefy Inc
Volker Plöchl has over 20 years of experience in international top Management positions such as CFO, CEO, General Manager. Past experience includes branch manager for GE Money Bank in Austria. Main areas of expertise include Finance,Legal and Management by Objectives (MBO). He has been leading SG Financing GmbH in supporting startups as well as medium-sized Enterprises. Since 2015, Volker Plöchl has been a Senior advisor at 24/7 BlockLabs advisory board. Volker holds a Master of Science from the University of Chicago of Vienna and speaks German, English and Hungarian.
Paal Johnsen (Norway)
CMO Lovefy Inc
Paal Johnsen has extensive experience in marketing,design and sales. He has previously been working at Thune, Norway in marketing and sales of high-end jewelry and watches from exclusive and well-known brands such as Omega, Chopard,Glashütte Original, Girard-Perregaux, Breitling, Longines, Nomos Glashütte, Rado, TAG Heuer, Raymond Weil, Certina and Tissot. Prior to that he worked for Finansco and the Oslo Chamber of Commerce. Paal has an BA at the American University in Paris and achieved an MBA at keiser University in West Palm Beach, FL.
Miguel Del Rosarion (USA)
CTO Lovefy Inc
Over 25 years of experience as CTO/Director, leading software development, product design, and managing business processes to drive revenue and market share while managing costs. Results driven with a unique background in software design and engineering.Responsible for managing software development, internal IT, and entire operational infrastructure in the ﬁeld, including 900 POS locations in NYC. Intimately involved in new product design, and software and systems architecture. Migrated legacy system to the cloud and into monetizable microservice API’s.
Frederik Lund (Norway)
Legal Counsel and Legal Expert, Lovefy Inc
Frederik Lund is a legal expert with over 15 years experience as an international lawyer. He has nearly 5 years experience at the oﬃce of the auditor general of Norway. He has been a legal advisor for several ICOs CEOs and STOs and assisted many start-ups, as well as working with large international companies in sectors like oil& gas, ﬁnance, property, and retail. His expertise includes Company Formation in various international jurisdictions , Terms of Service (TOS), Privacy Policies (PP) including the General Data protection regulation (GDPR), Terms and Conditions (T&C), purchase and sale agreements, licensing agreements, shareholder agreements, equity agreements, employee agreements, independent contractor agreements, vendor agreements, and other related contracts and agreements.
David Pouchie (UK)
PR, Communication and Social Media Lovefy Inc
David Pouchie is specializing in building large social networks and communities across multiple platforms and countries. He is a Crypto enthusiast, influencer, and social media expert His great passions are fitness, social media, and cryptocurrencies. Core strengths and skills are in Crypto, Communication, Promotion, and Sales. He built up several networks from scratch in the health industry and work alongside as an engineer of one of the world's biggest oil and gas companies ADNOC.
Tayfun Sert (Austria)
Mobile Pay Lovefy Inc
Tayfun Sert is an experienced senior IT professional with a strong history working in Fintech and Information Technology. Among various executive roles, Tayfun Sert served as a senior consultant to the executive board of the international bank - Vakifbank Int. AG(Vienna) He was responsible for implementing the bank branch infrastructure in Germany. Further IFRS 9 implementation for HypoBank Niederösterreich and forRaiffeisenbank Int. GDPR, compliance, AML, FISA, Fraud. He holds various certiﬁed courses in Computer Science and an MBA from Danube University, Krems.
Dasha Palamarchuk (UK)
Senior Community Manager UK & Russia Lovefy Inc
Dasha Palamarchuk is Senior Community Manager for UK and Russia. She is a strong Crypto enthusiast and social media personality with great passions for vegan food, fitness, social media and cryptocurrencies. She frequently visits crypto shows around the world to talk to Love.io fans and followers.
Dan Black (UK)
Social Media Content & Creative Design Lovefy Inc
Dan is responsible for social media marketing & creative design. He is in charge of implementing strategies and campaigns to the Love.io community. His responsibilities include onboarding new influencencers and launching regional and global community events and activities.
Montana Darby (UK)
Senior Community Manager UK Lovefy Inc
As UK Community Manager, Montana has great experience in promotion of social networks and communities in the past working for Monster Energy, O”NEAL, Betway, NAS Sports and many more. She is a Crypto enthusiast, Instagram influencer and social media expert Great passions are for performing arts, fitness, social media and cryptocurrencies. Her core strengths and skills are in Crypto, Communication, Performing Arts and Promotion and Sales.
Brianna Gianis (Australia)
Senior Community Manager (Australia & Asia Pacific) Lovefy Inc
Brianna is the Australia and Asia Pacific senior community manager providing social media marketing, content and regional updates to the communities in Australia and Asia Pacific. She is also frequently visiting worldwide Crypto Shows and meeting with fans and the community.
Juliana Cardozo (USA)
Senior Community Manager US & Latin America Lovefy Inc
Juliana Cordazo is specialising in building large
social networks and communities in the US and Latin
America. She is a Crypto enthusiast, Instagram
influencer and social media expert Her great
passions are for fitness, social media and
Her core strengths and skills are in Crypto, Communication, Promotion and Sales.
Senior Community Manager (Asia)
Mark is the regional and senior community manager providingregional updates to the communities in Asia. He is assisting in regional research reportson new products, competitors, regulations, and more for Lovefy Inc and Love.io His main responsibilities include onboarding new inﬂuencencers and launching regional and global community activities
Teodor Lupoae (Romania)
Senior Blockchain Engineer Lovefy Inc
Ankur Shah (USA)
Business Development Lovefy Inc
Ankur Shah past experience in business development include CEO for US and India based company Experience, a blockchain & AI-based, Web & mobile design company. Experience has been for the past 5 years nurturing one of the world's best teams of solidity programmers, innovators, designers, full-stack developers focused on delivering next generation blockchain based solutions. Projects include strong developer involvement in India based Polygon (former Matic). Ankur's main expertise is in providing cutting edge blockchain solutions. coupled with innovative UX design. The focus is to provide the best end-to-end digital, technology business solutions for Lovefy Inc and the Love.io protocol