One of the most influential and impactful projects which is deemed to rise as exponentially as the Bitcoin!
LOVE aims to monetize social interactions in social media, ecommerce and gaming. We'll be launching on #PulseChain to guarantee ultra cheap and lightning fast transactions!
In this video we will discuss all the updates and utility of the love.io project on the Pulse chain.
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As mentioned in the initial part of this video, Love has become the talk of the town, thanks to the word of mouth and the love and faith people have in this project!
The users now and then keep using social media platforms to depict their affection for love.io. Recently, one of the stalwart users had tweeted that a great project like love.io will always make you smile at last. Keep the energy high LOVE!
We assure that most of the stakeholders shall agree with this opinion as love proliferates happiness and joy. Such emotions are inbuilt in this unique and appreciable project!
One of the users commented that Crypto is for everyone, and love.io is my favorite as it solve real life problems.
One of the major plus points of love is the real life applications of the project which are quite valuable and diverse in nature!
People are going gaga over love's mass adoption.
Lowering the barriers of entry for the masses is crucial for mainstream crypto adoption. Love.io takes you through an optimized approach to make this right, a cryptocurrency for everyone.
LOVE has the perfect product-market-fit in sending peer-to-peer monetary value when connecting, incentivizing and micro tipping. Together, this creates a model of not only monetary transference, but of “positive energy” and “LOVE.”
Another important aspects which would result in mass adoption of love would be the blitzscaling of love.
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.
More users mean 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.
One of the most prominent use case of love is sending money easily!
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 on one specific business. Sending LOVE changes this.
With love, you can send love to any person you wish to as it has not only monetary but also the emotional benefits associated with the same.
Metcalfe's Law shows that expanding a network increases its token value rapidly since the coin or token has a limited supply. The advantage of being able to blitzscale a network has a profound effect on the future value appreciation of Love.
The utility of Pulsechain project, Love, will benefit everyone who use social media, this project will make people's lives much more simple, which is what makes products and companies grow.
The Twitter handle of the love.io project depicts that the users can purchase the products in lovefy platform and earn cashback in cryptocurrency.
LOVE tokens are exchangeable to various crypto or VISA/MasterCard. Over 100,000 products with brands such as Gucci, Burberry, Calvin klein, Dior, Giorgio, Armani, Givenchy and more can be exchanged on the platform and the years can gain huge benefits!
The lovefy marketplace is another interesting mechanism used by the project for networks and marketing.
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.
Another interesting and crucial aspect which we would like to cover in this video would be lovenomics which refers to the tokenomics of the love project!
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.
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.
We all understand that 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. Businesses face this challenge quite often.
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.
Utilizing the speed of transactions through our technology creates a peer-to-peer value exchangeability 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 incentivization, engagement, micro payments, cross-promotion, partnerships, referral commissions, and more. The value of LOVE will reflect the network growth.
One way of seeing LOVE shall be to see it as an energy amongst all human cultures, which in turn has the potential to create the largest and most valuable network in the world. Not only does the word "LOVE" entice users to utilize the currency, but there are many other advantages to sending monetary value with the LOVE cryptocurrency. Forinstance, 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. Sending LOVE cryptocurrency between business and customer can be communicated even without the monetary amount. It is the “thought” that counts first of all.
As we reach the conclusion of our video, we would like to emphasize that Love is a Cryptocurrency designed for censorship resistance, and worldwide adoption, and made for the highest possible value appreciation. LOVE has the perfect product-market fit in sending peer-to-peer monetary value when connecting, incentivizing and micro-tipping.
These days, this distinctive cryptocurrency with a unique concept, highly favorable markets and well-thought marketing mechanisms like blitzscaling, is taking over the crypto space like a storm. It assuredly is one of the most dynamic and most awaited cryptocurrency projects, popular for its unique characteristics and shall be introduced on the Pulsechain blockchain super soon! Stay tuned to our channel for more!
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