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Q & A

We need PulseChain mainnet to be launched and see the price discovery happen between ERC-20 and PRC-20 tokens. This might create some price volatility, which isn’t good if you want to launch a token with the purpose of mainstream adoption.. Secondly we need to wait until PulseChain mainnet is launched to start developing the Lovefy wallet that includes AMM (PulseX) Staking etc is tested and audited. Thirdly and maybe most importantly, we see LOVE having a very good chance to get worldwide mainstream adoption and very high token appreciation. We want our sister communities (HEX, PulseChain and PulseX communities) to first gain access to the sacrifice and a chance to support the project. A majority of the sacrificed funds is used for wallet development, marketing in the general crypto communities, crypto shows and finally towards marketing outside the crypto markets. We believe this strategy will be the most beneficial for the LOVE token holder's future value appreciation.

Dot com address has less importance in crypto and it is more about community and network growth that matters. Bitcoin.com is owned by Bitcoin Cash, not the BTC community. Since Love is such a general word in SEO it does not make much difference either. We believe Love.io is stronger and even better to launch a crypto from. Even though someone would buy Love.com and try to build community we believe it will be considered as "fake" Love. Lovefy.com will be our wallet since there are too many dating apps with Love in android and app stores.

There are and have been many “Love coins and tokens” created before. Everything from dating apps to loyalty programs. But it is not the contract name that gives a cryptocurrency its value. Anyone can e.g. make a contract today and call it Bitcoin with the symbol BTC. But that would not make it as valuable as the original Bitcoin. What makes a cryptocurrency valuable is the original contract address, the network, community, ecosystem around it. We anticipate there will be alot of "fake LOVE" out there in the future but without Love.io network effect or value. Eg, every time a new ERC-20 is made on Ethereum, there are always exact copies made by scammers. We would not be surprised and (actually rather disappointed...) if not several ERC-20 tokens have already been made with the token name Love.io and symbol LOVE. It is only the token contract address that matters that is published on Love.io which is very important to know for new cryptocurrency users.

We don’t believe there will be any value for Facebook or Amazon or Twitter to create their “Own” LOVE cryptocurrency. The value of a cryptocurrency is that it is decentralized and has interoperability. On the other hand, we do believe that Facebook, Amazon, Twitter might add our real “LOVE” to their platform, which would bring added value to their users. Twitter added BTC but we believe LOVE has many more use cases.

Why we are building on PulseChain has many reasons. The LOVE Story - RoadMap to Mainstream Adoption shows the overall journey. Technically It will work the same as on Ethereum, but on Pulse we will have much cheaper and faster transactions. Love.io will also have a dedicated wallet called Lovefy Wallet that will include AMM, such as PulseX, Mobile pay with Visa, Mastercard etc BTC had hard to bring mainstream adoption on social media due to the name that prevented Blitzscaling, high transaction fees and slow transactions between users. LOVE has the right name, on the right chain at the right time. The LOVE Story- The RoadMap to Mainstream Adoption..

Most of our team members are truly Hexicans and have also made sacrifices to PulseChain. We are also longtime followers and admirers of Richard Heart. Even though we have not had any direct involvement with RH creating LOVE we believe that we are following many of his viewpoints and opinions regarding: why Bitcoin Cash failed mass adoption, why Centralized Exchanges have prevented mass adoption etc. More can be read in The LOVE story- RoadMap to mass adoption

Contact

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