Numbers say it all! We are sure that the Crypto community and our cryptopreneurs would definitely agree!
So, here we present the numbers!
Exactly a month ago, on June 24th the largest whale sacrifice to date of 40,000 000 HEX at $1,787,494.42 took place!
The investors of Love say that After perfectly understanding the project, making a huge investment is a wise decision!
The faith people have in love is immense, in this video we would discuss the love project and its amazing utilities!
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For those who are unaware and live under a rock, let us explain what love is
Love.io is a peer-to-peer cryptocurrency monetizing social interactions on social media, eCommerce, and gaming.
It is a cryptocurrency designed for censorship resistance, and worldwide adoption and made for the highest possible value appreciation.
The real world use cases are the USP of love.
For instance, today, you get a lot of likes and love on your social media account when you make a post. But hey, have you ever wondered about the value of love?
Of course,the love we get on our social media is invaluable but what if we get financial returns out of it?
Well, this is exactly what love does!
The likes and love we get on social media has no real value associated with it. Love, crypto-currency, on the other hand, helps users interact with love the emotion and at the same time spend real money.
With online shopping rapidly turning into influencer-powered social shopping, Love.io would rock the space!
The great thing about Love is that it's not a centralized platform that takes a 20% commission on your hard-earned money. Instead, Love is decentralized. You can send and receive directly between users without a middleman. You can send love in private messages or through love QR codes that you post on your social media like Instagram, Facebook, etc. Or streaming on your YouTube or Twitch.
The Love has real use cases and is likely to grow in the same way as other networks like LinkedIn, Facebook, and PayPal. Let's take Facebook as an example. A user sends friend requests to ten people. Those ten people send friend requests to ten more, then to ten more,and the cycle goes on and on, multiplying love and the application downloads exponentially!
Love network users will bring in new users in the same way. When you receive a person's love, you know you just have to download the App to make all your transactions.
People believe in love and have immense faith invested in it, and the recent whale transaction makes it quite evident!
Another use case of Love.io is for the influencers who face a hard time making a living!
They have to promote a lot of things that they don't even wish to!
Promoting products is one of their main sources of income and they can't ask their followers to send them money. But with the Love crypto-currency, they can do it through likes and love.
When you receive the Love crypto-currency, it has a real value that can be exchanged for almost any world currency you need within minutes in your Lovefy.com wallet.
With love, the products we love can be promoted quite conveniently. Brands or companies can buy love to promote their products. That sounds quite cool, isn’t it? Love even has a marketplace app on Lovefy.com where brands can list products they want to sell and businesses can buy love on different exchanges.
Apart from the luxury brands aiming for promotion, the gamers can utilize love for receiving donations via social media platforms!
And guess what? These are not the only uses of love.
Even gamers are taking advantage of it massively, as they can use love directly to receive donations.
All they have to do is publish their wallet address and they can receive donations directly from their fans around the world on YouTube or Twitch.
Players usually use bitcoin, but the transaction fees are way too high. On the other hand, with love, the transaction fees will be really low.
Love is also more suitable for receiving donations. After receiving Love, they can use the wallet's exchange function and instantly convert it to USD.
In addition, sending LOVE peer-to-peer via wallet addresses and QR codes will become the next unstoppable natural alternative for many influencers and streamers to receive donations. There are many other important advantages that you should know such as the fact that 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.
Apart from the influencers and gamers, love has something for everyone and each individual can gain! This is what distinguishes love from other cryptocurrencies!
These days, as we all know, online reviews are of immense importance to any small business today that almost all customers search online for reviews of restaurants, stores, etc.
Unfortunately, it is more common for a customer to leave a negative review after a bad experience than a good review after a positive experience. It's hard to get customers to write good reviews on Google and you know that everyone depends on it.
But here, you can't just send your customers money and ask them to write a good review. It's much nicer and more appropriate to send love.
LOVE can be stored, and minted in support of your favorite NFT artists and content creators. By sending LOVE in a decentralized peer-to-peer model through micro tips and donations via wallet addresses and QR codes, new opportunities are emerging to solve the major problems that all content creators have faced since the inception of the creator economy. Being a content creator or beginning artist can be extremely difficult at first, often we see no support around revenue.
For example, even though the NFT artist "Beeple" had a large following and fan base, it took 5,000 days of hard work and no revenue before he earned $69.7 million on a single piece of NFT art. Using LOVE, the wallet addresses between the parties could have been stored on the blockchain. "Beeple" could have received micro-tips and donations from his fans and followers every day, for 5,000 days.
By using LOVE, artists and creators can promise in the future to reward early supporters and fans with special editions, future fan-only access, etc. to the wallet addresses that supported the content creator in the first place. This model not only supports your favorite artist but also increases the value of your wallet address if the artist, for example, decides to create an NFT that includes specific benefits for your unique wallet address.
You can easily 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.
Basically, you just buy your product, and you get a certain amount of crypto that you could exchange for cash.
LOVE tokens are exchangeable to various cryptocurrencies, or VISA/MasterCard.
LOVE will offer the opportunity to stake with a very attractive APY. At the moment we don't have enough details about this, but we will update you as soon as possible.
Then LOVE will offer Micro tipping and donations to influencers and streamers through QR codes and peer-to-peer wallet addresses.
LOVE will also offer Micro tipping to artists and content creators - LOVE can be stored or minted to support your favorite NFT artists and content creators.
LOVE will offer cashback and loyalty rewards. This means that users will receive LOVE in cashback and loyalty rewards for purchasing products on the Lovefy marketplace. This is a global influencer and social shopping search engine that currently has a database of over 1 million influencers in 89 countries.
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 the world's famous brands powered by LOVE Cryptocurrency
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