Liven is a universal rewards network with integrated payment facility aiming to consumers cryptocurrencies for everyday people by solving hese problems. Since 2014 Liven has grown to service 350,000+ users transacting at 1,000+ venues in Australia’s two largest cities, Sydney and Melbourne, with international expansion beginning in Q1 2019 with London, UK. Processing millions in payments Liven rewards users with our network currency for every transaction they make. Liven is already integrated with a number of key Point of Sale (POS) partners allowing it to each more than 20,000 venues.
The next step in the evolution of Liven is the addition of blockchain to this payment system through the incorporation of an Ethereum ERC-20 token called LivenCoin, or LVN.
The unique features of the Liven Platform and the existing network of merchant partners and users will seek to address both problems identified above. First, the economic design of LivenCoin reduces price volatility through a unique, internal conversion rate which gives LVN intrinsic value - every LVN Token in circulation possesses purchasing power that can be used within the Liven network. Second, the addition of the cryptocurrency payment gateway will be unnoticeable to merchants, as they are still paid in fiat. These features combined with Liven’s presence in hundreds of venues and large, active user-base assists Liven to overcome the current barriers preventing cryptocurrency adoption at a retail level.
Liven’s decentralised rewards protocol is governed by a smart contract which will enable rewards to be disseminated indefinitely despite a limited LVN Token supply and encourages corrective behaviour with any external markets that may arise, giving the stability necessary for everyday use. LVN Tokens earned by transacting can also be donated directly to a charity.
The LVN Initial Coin Offering will offer for purchase 3 billion of the 10 billion LVN Tokens created to raise $28M USD. Approximately $8.4M will be set aside to cover the redemption/spending of the distributed tokens in the short term. The balance $19.6M will be allocated towards (i) fuelling Liven’s rapid global expansion starting with the UK and (ii) developing the new cryptocurrency gateway.
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Rated on Feb 26, 2019
At first glance their projects look like ICOs that are everywhere.
However, if you check it carefully, you can see that it is a very interesting project.
If I were to give a concern, it would only mean that a tough balance remained in the token balance.
Rated on Mar 6, 2019
Certainly the vision of the project is neither an original nor a new one in Blockchain, dozens of similar projects have been born during the last 2 years, but the way in which they are developing, the speed, the seriousness and the commitment that there are putting make them one of the best projects to date.
Everything is taken care of in detail, they move very well, they are visible and carry on a passion. The team is not very large but very well distributed and the work they are doing is excellent, many projects with the 3 times bigger team did not do even a quarter of what they did in just a little over a year. The advisors are also excellent, with some well-known figures in the Blockchain world.
Social and communication channels very well kept, updated and presenting a large community. The website also well maintained and detailed but also nice to look at. The whitepaper written and edited in an exemplary manner, with a study behind and not published just to have a whitepaper. Tokenomics, business plan and token distribution exemplars. There is value proposition, there is the incentive for mass adoption, there is everything. Excellent balance even between the Softcap (10M) and the Hardcap (28M).
The App works well and offers an excellent preview, even if there is still work to be done, it must evolve more and more. What to say, it is nice to see projects that make the Blockchain grow and that bring additional value, this is good for the Blockchain community. I give a 4 to the product because I want to see how it evolves and what will be the final result, in the full of its functionality.
One question I have, where are all the collected data stored?
Good luck with Crowdfunding
It's true that there are many projects which have similar ambitions to us, thank you for recognising how we are different - Mass adoption is the goal and focusing on users and merchants first is the route.
Appreciate your feedback on The App - stay tuned! It will evolve a whole lot and we're excited to hit new shores with new features.
Rated on Mar 18, 2019
Modified on Mar 18, 2019
→ Blockchain Advantage - Good
→ White Paper - Fair
→ Team Composition - Fair
→ Tokenomics - Needs Improvement
→ Business Model - Fair
→ Social Media Presence - Needs Improvement
→ Collaborations & partnerships - Good
→ Fund Allocation - Good
→ Legal Loopholes - Fair
→ MVP/ DApp/ Working Product - Needs Improvement
You can maximize the potential of this product by using the best marketing team for spreading your vision. Mass adoption is the key to success, everything else is preparatory to the work ahead. Best Wishes.
Rated on Mar 6, 2019
team is traditional and average. about vision there are several ICOs with the same vision ... about the Product I will suggest to Focusing on marketing as there are competition on the market
We are aware there are several projects with similar visions and ambitions, unique and effective strategies will be required to achieve our vision and achieve mass adoption. As Iulian Anghelin explained in his review above, we have several aspects which set us apart from the others.
Our platform and business has developed since 2014 and now established itself as a market leader in Australia. In early 2019 we reached 400,000 users (https://app.liven.com.au) and today our digital currency (LVN) is used at hundreds of different merchants by thousands of people everyday.
Tokenising LVN on blockchain and expanding overseas are our next steps and we'll be relying on several marketing initiatives, expansion strategies and of course the general public and community to help others see what sets us apart.
We're in this to serve more value to our users, merchants and charity partners; and with these achievements, we will bring the benefits of blockchain and decentralised protocols to everyday people.
We hope you'll reassess your review Doli - please reach out to us if you have any questions or concerns.
Product - https://app.liven.com.au
Whitepaper & Token Sale Website - https://livenpay.io
Telegram - https://t.me/livenpay
Rated on Mar 7, 2019
Modified on Mar 7, 2019
Liven introduces the LVN Token, an innovative approach to loyalty rewards
with a cryptocurrency and blockchain solution that benefits merchants and consumers.
As Advisors the project lists some industry heavyweights including Roger Ver (Bitcoin.com), John-Paul Thorbjornsen (Master Node Ventures & Canya.io)
and Tony Stuart (Unicef Australia) amongst others.
The Core Team appears solid with professional backgrounds, experience and
active LinkedIn profiles.
The team addresses some of the base challenges of getting cryptocurrencies
to increase mainstream two inherent challenges in getting cryptocurrencies
used to purchase goods or services on a regular basis. The are "price volatility"
and "lack of adoption".
They have managed to follow the Roadmap with key deliverables.
The promotional video includes merchants and users who provide testimonials about how the product is helping them grow business and improve relationships with customers. This is important for any business and for a dApp to generate this feedback Pre-ICO is rare. It will be interesting to see if they achieve the US expansion slated for Q3 2019.
The Soft cap is $10 million USD and Hard cap $28 million USD. These are aggressive numbers given current market sentiment.
The good news is Liven has offchain brand recognition and solid marketing operations. If the Advisors are also involved in promotion and market making the goals could be achieved.
The company offers a huge white paper (79 pages) that provides helpful information about the Token Economics, Use of Funds and Features of the Platform. The Executive Summary is tight and the
overall presentation of the white paper is professional and free of errors. The team urges all to read it prior to investing.
For me this speaks to the quality of the team because seeking to raise more than $10 million with a sloppy white paper and/or brand image is a red flag.
Liven introduces a decentralised Reward Protocol utilising smart contracts
which powers rewards to be distributed and users to earn by conducting their
normal transactions at restaurants and venues. Liven rewards users with
its network currency for every transaction they make.
Liven has an existing network of merchant partners and users in its rewards network. According to the white paper since 2014 Liven has grown to service 400,000+ users transacting at 1,000+ venues in Australia’s
two largest cities, Sydney and Melbourne.
Processing millions in payments Liven is already integrated with a number of
key Point of Sale (POS) partners allowing it to reach more than 20,000 venues.
The next step in the evolution of Liven is the addition of blockchain to this payment
system through the incorporation of an Ethereum ERC-20 token called LivenCoin, or LVN.
Any tokens that are not sold during the sale will be burned, and the Reward Curve
formula adjusted to maintain the same ratio of liability to funds raised that would
be achieved if the hard cap was met.
When I look at their github repository I see one branch, 16 commits (most recent 7 days ago) and 3 people listed https://github.com/LivenPay/
The social community and sentiment is active and engaged.
YouTube - 150 subscribers
Twitter - 1523 followers
Facebook - 34816 likes and 35081 follows
Instagram - 437 posts and 12.9k followers
Telegran - 54727 members
I found the [ANN] thread on Bitcointalk at:
There is an active blog on the website with recent content. The site also includes a Press Kit with documents, logos, banners and other information.
The Liven team has a number of good things in process as they move further into the offering and expansion.
Future development and expansion of our platform is exciting for all of us and we are excited to hit new shores with evolving features.
We invite you to stay tuned either through our Telegram (https://t.me/livenpay), registering at the Token Sale dashboard (https://livenpay.io) or downloading the Mobile App & Wallet yourself (https://app.liven.com.au).
Rated on Mar 19, 2019
this project doing a good job on a lot of things.
By the way, I wonder if this project will be of interest to investors even after ICO
I think more differentiated strategies are important because there are so many similar projects
It will have to be done continuously
Our vision is grand! We are incredibly excited to take our platform over to new shores and into new verticals, and the response we get from Token Sale contributors and the general public will largely determine how we evolve our platform and where we take it.
We invite you to read our Whitepaper in full, particularly Section 9 and Section 11 for more on our expansion plans!
In terms of the strategies we'll use, we understand that there are many other projects and platforms with similar ambitions - we're serious about what we're up to. The expansion strategies we use will always be location specific and use what we have learned over the last 5 years.
We hope you recognise our vision!
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
TeamApply as an advisor
Co-founder/Chief Executive Of icer
Co-founder/Chief Marketing Of icer
Co-founder/Chief Scientific Of icer
Co-founder/Chief Technology Of icer
Lead Blockchain Developer
Founder and ex-president of NEM.io Foundation Founder, ProximaX
Co-founder & Director, Master Node Ventures CEO & Co-Founder, Canya.io
Director, Blue Block Capital Business Development Lead, Wanchain
Venture Capitalist Managing Partner, Mayfair101
Partner Piper Alderman
CEO Unicef Australia
- 1st Tranche: 35% bonus ( < USD $3.5m )
- 2nd Tranche: 30% bonus ( < USD $7m )
- 3rd Tranche: 25% bonus ( < USD $10.5m )
- 4th Tranche: 20% bonus ( < USD $14m )
- 5th Tranche: 15% bonus ( < USD $17.5m )
- 6th Tranche: 10% bonus ( < USD $21m )
- 7th Tranche: 5% bonus ( < USD $24.5m )
- 8th Tranche: no bonus ( < USD $28m )
For anyone you refer, you will receive a 2% bonus on whatever their contribution amount is. The person you refer (or if you are referred) will also receive a 2% bonus on their contribution amount.
LivenPay Beta Launch
Beta launch of fiat mobile payment product (LivenPay) enabling consumers to make incentivised mobile payments at point of sale in Melbourne and Sydney, Australia.
Major Brand Partnerships and Milestones
Signs payments partnership with major Australian and international retail brands (300 stores). Major product update - new payment flow, one-tap quick payments, curated discovery system, and GPS enabled payment security features.
Completion of LivenPay beta payments trial with retail brands, commence development on full product release.
Blockchain Transition Announced
Announcement of blockchain-based network cryptocurrency - LVN, to replace the existing LivenCash;
Liven integrates with several of Australia’s most prominent point-of-sales providers to further increase our technical merchant reach, improve the smoothness of the payment experience and increase our data gathering capabilities.
Major product release featuring new codebase, entirely rebuilt user interface, alpha ‘LVN Wallet’, bluetooth iBeacon proximity sensor for payment security maximisation. More brands join and development of functional cryptocurrency wallet commences.
Conduct an ICO on the back of major success with over 1,000 business partners and a user base surpassing 350,000, beta testing crypto-payment solution;
100,000 Venues: POS Integration Milestone
Achieve technical reach of 100,000 retail venues via API integration partners. Completion of LVN wallet beta test and begin rollout of payment rails to entire network.
Reward Protocol Activation
Completion and integration of the reward protocol smart contract into the Liven platform. Dynamic LVN internal conversion rate becomes active with the LVN purchasing power set by the reward curve. The balance of the reward cache is publically visible through the smart contract, and users can verify that the internal conversion rate is free of manipulation;
Launch product in London, UK. LivenPay ecosystem expanded to over 10,000 venues.
Release of full-scale merchant and enterprise portal enabling businesses to create accounts autonomously and begin processing transactions with LivenPay reward protocol and wallet integration, with deep behavioural analytics and insights plugged directly into their sales.
Launch product in 3 US cities over a 6 month period. LivenPay ecosystem expanded to over 40,000 venues.
Full release of Liven 7.0 redesigned from the ground up as the world’s first real world incentive based transactional ‘game’ - meaning dynamic incentives, rewards, achievements, unlocks, Gacha, and many other key mechanics at the core to maximise user and business engagement.
Travel, South East Asia, and Software Integrations
Introduction of own designed fiat payment architecture, socialised financial services such as peer to peer lending or staking of funds held, and integration into larger business and marketing platforms such as CRM, Mulesoft, and accounting softwares. Expansion into further markets including more US cities, South East Asia, South America, and Europe. Expansion into travel industry with integration to native and third party booking and accomodation services.