Greetings to you all readers, in this article i will be discussing what exactly this groundbreaking and pathfinding innovation Loonie Network is all about and i will appreciate your standing by till the end.
In the modern internet space, more and more attention is paid to cryptocurrency investments and the investment market and Blockchain is becoming the cornerstone of modern innovation and has the potential to revolutionize the world. Recognizing this potential, we at Loonie Network have assembled a professional team of budding entrepreneurs and seasoned investors to create an all-encompassing blockchain trading platform. Since cryptocurrency is designed for mainstream adoption, our platform will be a stop-shop for clients that intend to earn huge returns on investment. We will create a user-friendly system that incorporates both traditional markets and the blockchain based assets.
Loonie Network is a platform that seeks to iron out these challenges. Built on the Ethereum blockchain Loonie Network will offer an ecosystem where bounty hunters, freelancers will beable to find gigs, get paid and exchange their tokens easily and intuitively.
Loonie Network will be run in three phases. In phase one, our bounty exchange will allow bounty hunters to consolidate their dozen tokens into one or two that they can then easily trade either directly on the platform or on their preferred exchange.
Phase two will see the introduction of a fair and affordable Freelancing platform based on smart contracts to ensure all parties involved are protected.
Phase will bring a new kind of decentralized exchange.
Like traditional financial assets, exchanges play a key role for Bitcoin and other digital currencies. And just as history has shown in equities and futures markets, crypto exchanges can become a problematic element of the rapidly emerging world of digital assets. On the surface, they look a lot like stock markets, matching buyers with sellers and publishing prices. Yet in many ways they differ vastly, potentially exposing investors to risks they may not fully appreciate. That’s worrying regulators and prompting new exchanges to come up with ways to mitigate the dangers.
They share a key function, as places to trade assets, but the similarity ends there. Crypto exchanges both hold an investor’s assets and charge brokerage commissions, functions that are normally segregated in the world of stocks. That helps to make many exchanges highly lucrative, as do the fact the fees they charge are fatter than traditional bourses’. For example, Japan’s second-biggest crypto venue, Coincheck Inc., was almost as profitable in 2017 as Japan Exchange Group, operator of the nation’s biggest stocks and derivatives markets. Another crucial difference: While stock markets are tightly regulated, their digital-asset counterparts so far have very little, if any, supervision in most jurisdictions.
Sam Tabar, strategist at AirSwap, which opened a decentralized venue in April, predicts that traders migrating to the new model will be this year’s big crypto story. But others such as Chia Hock Lai, president of the Singapore Fintech Association, say the new types of bourse have their own particular issues, such as an inferior user experience and lower levels of technical support. For David Lee, author of the Handbook of Digital Currency, decentralized venues will in five to 10 years become the main avenue for trading cryptocurrencies.
Loonie Network Ecosystem
Decentralized exchanges give users a piece of mind knowing that their funds are not held in a centralized server somewhere where they can be easily targeted by hackers. However, most dexes have the downside of being very complicated to use. Our exchange will bring the masses to decentralized exchanges by offering a fast and user-friendly platform which utelizes two parallel blockchains that are synchronized by relays .
Despite the fact that there are dozens of freelancing websites out there, Upwork, Freelancer.com, fivver.com, to name just a few, there are still millions of Freelancers who are not getting an opportunity to showcase their skills.
Our platform will give every freelancer a fair opportunity to prove themselves and will give a fair chance to everyone for getting a good rating by holding anonymous competitions in different categories and holding blind voting.
Our platform will give every freelancer a fair opportunity to prove themselves and will give a fair chance to everyone for getting a good rating by holding anonymous competitions in different categories and holding blind voting.
Gone are the days when bounty hunters used to get hundreds or even thousands of dollars doing what may seem like mundane tasks for weeks and weeks at an end. Now-a-days one would be lucky to find a good project that pays bounty hunters well for their hard work. Sometimes after working so hard for months, promoting a project, these hard working people find themselves receiving a very small share of the bounty tokens worth $5 – $20.
They are then faced with the challenge of liquidating these tokens so they can buy necessities for their families. They find themselves in one of three scenarios:
1.They can’t send their tokens to an exchange so they can trade them for more liquid coins like Bitcoin, why, because the said exchange has a minimum deposit and they sadly can’t meet it.
2.They are able to send the tokens to the exchange, but they are rudely awakened to the reality that they can’t trade their tokens because they don’t have enough to meet the trading minimums.
3.If they are lucky enough to trade the tokens, they only end up with very little amount to spend because withdrawal fees of some exchanges are just outrageous to say the least.
They are then faced with the challenge of liquidating these tokens so they can buy necessities for their families. They find themselves in one of three scenarios:
1.They can’t send their tokens to an exchange so they can trade them for more liquid coins like Bitcoin, why, because the said exchange has a minimum deposit and they sadly can’t meet it.
2.They are able to send the tokens to the exchange, but they are rudely awakened to the reality that they can’t trade their tokens because they don’t have enough to meet the trading minimums.
3.If they are lucky enough to trade the tokens, they only end up with very little amount to spend because withdrawal fees of some exchanges are just outrageous to say the least.
Our Tokensale is going live soon!
The Crowdsale Starts On September 28, 2018.
If You Are Buying With Eth, Simply Send Your Eth From The Wallet That You Want To Receive Your Tokens To (Must Be An ERC20 Compatible Wallet). Eth Must Be Sent To The Smart Contract Address Listed Below, The Smart Contract Will Immediately Send Your Tokens To Your Wallet.
Should you wish to buy using Bitcoin or Litecoin, please send your BTC to the addresses below. Once you have made the payment, fill the form provided with complete details. Your tokens will be sent manually once the transaction has been completely verified by the team. If you want your tokens immediately, then please use Eth for payment!
If You Are Buying With Eth, Simply Send Your Eth From The Wallet That You Want To Receive Your Tokens To (Must Be An ERC20 Compatible Wallet). Eth Must Be Sent To The Smart Contract Address Listed Below, The Smart Contract Will Immediately Send Your Tokens To Your Wallet.
Should you wish to buy using Bitcoin or Litecoin, please send your BTC to the addresses below. Once you have made the payment, fill the form provided with complete details. Your tokens will be sent manually once the transaction has been completely verified by the team. If you want your tokens immediately, then please use Eth for payment!
TOKEN DISTRIBUTION
50% Crowdsale
25% Branding & Marketing
15% Team
10% Bounty
TOKEN SALES CONTRIBUTION
50% HR & Development
30% Branding & Marketing
10% Exchange listings
10% Legal Advisory
For more detailed informations, visit:
Website - https://loonienetwork.online/
Twitter - https://twitter.com/LoonieNetwork
Facebook - https://www.facebook.com/looniecryptoproject
Telegram - https://t.me/joinchat/GeguiBKn992vWzN63ml84Q
Authorship: Joecolern
https://bitcointalk.org/index.php?action=profile;u=2246034
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