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.