Replies to post #13827 on Livechain Inc (LICH)

[Sean Portman]

That makes sense. I’ve had those thoughts too. This article makes sense though also. It would explain why so many token, usually if there were that many, the valuation would be low, but not in this case, and I’ll have to look but I’m pretty certain most exchanges had many coins and had big back also, cause having an exchange in comparison to a digital asset company probably requires different procedures and approval to get it done, then there’s the financial backing that we’ve ran into and the connections to host a blockchain conference and I’m sure you’d need full disclosure and audited financials especially for SEC in the USA, and then to have shareholders to profit off of an exchange comparable to OKEx or Zzex or binance and have share value increase along with token price increase. Maybe celebrity incubation doesn’t mean what it sounds like. Digital celebrity would be like EOS or bitcoin or ethereum. And incubation actually means buying shares of them to trade on the exchange kinda like zzex bought tokens of LIVE to trade on their exchange. So in other words incubation means owning and trading those tokens and since I ran into a article awhile back stating that the biggest owners of digital currency, are exchanges,.....I can’t think of another crypto exchange that gives USA investors shareholder access. Maybe we need to re-look at the white paper with this concept in mind and see if it explains more. I have Coinbase on my iPhone and I’ve been on many exchanges, but I haven’t seen one yet that has the option of buying shares of the exchange other than buying the tokens which many (not all) say ‘no’ to USA investors. Just thoughts on a forum with no dd done yet on this perspective

[Sean Portman]

There might be a lock up period that's expiring soon also, which might be december or might be january or february, I haven't researched on but here is the article that I haven't followed up with so I can't fully give an opinion on it
paragraph 3 below talks about the lockup

This is from an article and some research that I had never finished up a month or so ago cause... I just didn't after I bought the my million shares and just went on to trade other places. But here this actually supports it. I was going to follow up on this and others, but....never did

LIVE in detail
The blockchain navigation provides free LIVE quotes, LiveDAO prices today, LIVE China quotes, LIVE real-time quotes, LIVE prices today's market trend chart for your reference, and LIVE international trading platform quote prices.

Introduction to LIVE

What is LIVE coin? The full name of LIVE coin in English is LiveDAO, and the Chinese name is live coin. LiveChain, Inc. is a high-tech company established in Nevada, USA, and is listed on OTCMarkets. Committed to the development of distributed live broadcast technology and the use of public chain technology. LiveDAO is a community of participants in distributed live streaming systems. Through the use of the technical achievements of LiveChain, Inc., global broadcast enthusiasts have continuously joined the LiveDAO community.



LIVE is the ecological interest of LiveDAO, with a total cap of 3 billion. The LIVE coins of the team and the ecological construction will be locked for 6 months and will be released according to the contract after the expiration of the period. The LIVE coins obtained by mining can be freely traded. Mining and earning LIVE coins that contribute to the LiveDAO ecosystem will receive mining rewards. For example, if you follow the rules, you can get mining rewards. Strong nodes that meet the rules will get mining rewards when they start. The initial LiveDAO will set a mining speed, which is halved every year. The pledged LIVE coin gets the right to broadcast. The anchor broadcasts on LiveDAO. A certain amount of LIVE coins need to be pledged. We will hold 0 pledged launch events from time to time to encourage the anchor.

LiveDAO will charge 5% -60% of the processing fee from the ecological consumption transaction according to the influence of CP for operation and incentive. 50% of them reward live broadcast chain nodes. 25% is used for project daily operation, system operation and maintenance, system update, node maintenance, and strong terminal research and development expenses. 25% is used to repurchase LIVE coins at the market price. After the repurchase, the LIVE coins are burned and destroyed.



All digital assets of LiveDAO are carried on the public chain and have a complete blockchain browser and wallet. LiveDAO is composed of three parts, a decentralized and distributed live broadcast system, a LiveChain live broadcast chain, and a clearing and settlement system. The decentralized live broadcast system is used to carry the live content safely and privately. The LiveChain live chain is used to carry the circulation and rules of the assets. The clearing and settlement system allows the assets to have high liquidity while ensuring high availability. Through this structure, LiveDAO can achieve complete decentralized operation.

LiveDAO has developed a live broadcast system. In this decentralized distributed live broadcast system, each mobile phone is a live broadcast server. Forwarding the live stream through the complete LiveDAO live streaming protocol built into LiveDAOAPP, and this process is completely unintuitive and secure.

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The above is what currency is LIVE? What is the LIVE circulation amount? How much is the issue price? Official website address, LiveDAO price today, LIVE real-time quotes, LIVE quotes, LIVE trading platform and other latest news.

Learn about blockchain, start here! [ LIVE ] Updated by the earning netizens 2019-09-21 11:28:20. For more information about the latest virtual currency, please visit the [ Virtual Currency ] column.

to sum up

In order to solve the current live broadcast chaos, LiveDAO pioneered the cloud + fog solution, hoping that distributed nodes with mobile phones as the carrier can take on heavy tasks, solve the problems of high bandwidth cost, single content, and opaque settlement of live broadcast industry. LiveDAO, which is backed by a listed company, has stronger financial strength in the early stage. After 5G's large-scale popularity, lower network costs and faster transmission speeds can allow mobile phones to replace computers and become better nodes, allowing idle computing power. Better serve the live network. It is worth mentioning that live broadcast is a product of the 4G era. When we usher in a new 5G era, it is unknown whether live broadcast will be replaced by other emerging products. But it is certain that as time progresses, the distributed sharing of idle bandwidth will become a trend in the new era.