Introduction to Live Stream (LIVE)
What currency is LIVE? The full name of LIVE coins in English is LiveDAO, and the Chinese name is live currency. LiveChain, Inc. is a high-tech company established in Nevada, USA, and listed on the OTCMarkets. Committed to the development of distributed live broadcast technology and the use of public chain technology. The live currency LiveDAO is a community where participants of the distributed live broadcast system gather. Through the use of the technology of LiveChain, Inc., live broadcasters around the world continue to join the LiveDAO community.
LIVE is the ecological rights of LiveDAO , with a total cap of 3 billion. The team and the ecological construction part of the LIVE currency will be locked for 6 months. After the expiration of the term, the LIVE coins will be released according to the contract. The LIVE coins obtained by mining can be traded freely. Mining will receive LIVE coins that contribute to the LiveDAO ecology and will receive mining awards. For example, the mining of the rules can be used to obtain mining rewards. A strong node that meets the rules can be used to get a mining bonus. The initial LiveDAO will set a mining speed that will be halved annually. The pledge LIVE currency is granted the right to broadcast. The anchor is broadcasted on LiveDAO. It is necessary to pledge a certain amount of LIVE coins. We will hold 0 pledge broadcasts from time to time to encourage the anchor.
The live currency LiveDAO will charge 5%-60% of the handling fee for the operation and incentive according to the influence of the CP. 50% of them reward live chain nodes. 25% is used for daily operations, system operation and maintenance, system update, node maintenance, and strong terminal R&D. 25% of the LIVE coins are repurchased at the market price, and the LIVE coins after the repurchase are burned and destroyed after the event.
All of LiveDAO's digital assets are based on public chain bearers and have a comprehensive blockchain browser and wallet. LiveDAO consists of three parts, decentralized distributed live broadcast system, LiveChain live broadcast chain, clear settlement system. The decentralized live broadcast system is used to carry live content securely and privately. The LiveChain live broadcast chain is used to carry assets circulation and rule execution, and the clear settlement system allows assets to have high liquidity while ensuring high availability. With this structure, LiveDAO is able to achieve complete decentralized operations.
LiveDAO has developed a live broadcast system. In this decentralized distributed live broadcast system, each mobile phone is a live broadcast server. The live stream is forwarded through the complete LiveDAO live protocol built into LiveDAOAPP, and this process is completely uninfective and secure.
Want to buy digital currency can be purchased at the Matcha Exchange https://www.chainwhy.com/coin/livedao/
Must translate into English