Blitzscaling of LOVE
Linkedin and Facebook success in the early days was through new contact requests from users’ own trusted network outside the platform. When receiving a contact request from a friend or family member etc it was more likely the user joins. If it would be a request from someone the user did not know or from the platform itself the user would most likely not be joining.
The same counts for Paypal and co-founder Peter Thiel describe that the first real success of Paypal was when introducing email to send funds. Users already inside the Paypal network attracted new users outside the network through email requests. The networks grew exponentially with new users.
LOVE Cryptocurrency has the same built-in network increase mechanism. The network will blitzscale in a similar way as linkedin, Facebook and Paypal. Users in the network who received LOVE will bring new users through using new peer to peer LOVE interactions. Receiving LOVE from people they trust and know will automatically follow by them downloading the wallet to receive their LOVE and the network grows.
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 built in AMM Swap functionality.
At its core, LOVE is used for incentivization, 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
In Metcalfe’s Law, the value of the network increases with the growth of the network. Great examples of this 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.