Litenett [The First Network with Decentralized Payment System on Blockchain]

WHAT IS SOCIAL NETWORK LITENETT?

Litenett.com is a new European social network with decentralized payment system on Blockchain for the audience of hundreds of millions users. Our project allows users to get several services immediately in one application. We have combined social network, messenger, music and movie - video portals, radio broadcasting and events on one platform. Litenett supports more than 30 languages and it is available on all devices.
Social network

Friends and chats
Blogs and microblogs
Personal Pages
Income on subscribers
Dating
Games
Messenger
Online Shop
User Encouragement
Music Portal

Music online

Music purchase
Music download
Playlists creating
Opportunity to share with friends
Radio and podcasts
Groups and artists
Releases and music catalogue
Video and Movie Portal

Video download

Video blogs creating
Earnings on Views
Cinemas
Films schedule programs
Tickets booking system
Tickets purchase
Movies online
Payment system

Payment system on Blockchain

Thousands of transactions per second
Separate Dashboard
Deposits and withdrawals without %
Top cryptocurrencies
Secure wallet
Low transaction fees

App features
The app contains a various functional and allows the user to manage content, create groups and microblogs.You can see all the posts and comments in your blog or group.Private messages, group chats and channels.You can listen to music and write posts, chat with friends, shop or transfer money to friends.Section "Favorites" will help you to save the necessary pages, groups, channels, songs, albums, cinemas, etc.Events line, your comments and answers.Friends and subscribers - all in one app.

Messenger and global network
Messenger allows users to communicate in personal correspondence, as well as in group channel.Voice and video calls, chats and group channels.Group and private chats with a mode of correspondence destruction. Correspondence is not saved on the server, it is saved only on participants devices. It is impossible to copy, make a screenshot, save. It can be destroyed at the scheduled time.Direct video broadcasts in a group.It is not just a messenger with a high degree of protection, it is a multimedia platform for solving problems in everyday life.

Crypto-Wallet and Global Payment Infrastructure
Multi-currency Crypto-Wallet with the ability to store and transfer crypto assets It is possible to replenish and withdraw funds, exchange for crypto coins.Guarantee of transactions security and funds storage in the wallet.Ability to perform service payment, services fees, to transfer funds to other users.Funds transfer to users in crypto coins, fast exchange to USD or Euro. It is possible to buy goods and pay for services, make payments anywhere, for anything, in the litenett network, as well as in online shops or online litenett card in payment terminals.

TOKEN APPLICATION
Token is a means of payment within the portal. Users receive Token rewards for managing of groups, blogs, etc. Users receive Token rewards for viewing ads. It is possible to pay for advertising with Token by getting a big discount. Token can be transferred and exchanged between users. It is possible to perform service payment or pay for services only with Token. Users can exchange Tokens, received as a reward for viewing ads, for managing groups, and other social activities, for fiat money and withdraw them to their own account. Advertisers buy tokens when paying for advertising. Portal buys tokens from other token holders to pay a reward. Any transactions inside the platform are possible only with token. Tokens are accepted as payment for various services, for exchange for Euro or USD.Litenetcoin token can not be classified as a tradable financial asset because it does not entitle Token holders to receive profit, or to own part of the company or part of the project. Litenetcoin Token is absolutely legal, as well as gift card in a shop. Litenetcoin is a product token.

Token Distribution
Leading social networks earn averagely 8-10 Euros per user annually
We calculated the average planned profitability of Litenett social network , depending on the growth of the audience:

With an audience of 10 million per month (120 million per year) at a rate of € 3.0 per user - the profit will be € 360 000 00 million.
With an audience of 20 million per month (240 million per year) at a rate of €3.5 per user - the profit will be €840 000 00 million.
With an audience of 30 million per month (360 million per year) at a rate of €4.0 per user - the profit will be €1 440 000.00 million.

Up to 30% of the company's profits will be allocated to pay users for viewing ads and for other activity programs. Token turnover inside the platform will be from 9 to 430 million Euro already in 2019.

10% Reserve fund
3% Rewards, Bounty: early supporters
3% Team
4% Founders
80% Tokens Buyers

Fund Allocation

Project Litenett is, in fact, a large media resource with its own payment system and consumers united in a social network.
Our monetization model covers such areas as Music, Radio, Podcasts, Cinema, Video, and has a platform for people's diverse communication with the ability to create personal pages, groups, videos and microblogsIn order to attract to us as small and also the largest media market players, we have created opportunity to manage their own products for music companies, cinema networks, radio stations and event companies. Having verified access to the common database, each company can independently, without intermediary services, deliver its products and services directly to the user through our platform, which will significantly reduce their expenses.

25% Project development
25% Marketing and promotion
25% Reserve fund of the company for self-financing after the Project launch
15% Creating a payment system, obtaining a banking license for legal financial transactions
10% Research and development of new technologies in Blockchain field

Global infrastructure of crypto payments
In order to pay for goods or pay for a service with cryptocurrency, you need to convert existing crypto coins into Eurocoin (EURC) or Dollarcoin (USDC) which rate is tied to Euro and USD rateThanks to modules and applications that can easily be integrated into any online shop, website or payment terminal, Eurocoin and Dollarcoin will be accepted as payment, as well as fiat money. Without entering stock exchange or exchanger, it will be possible to exchange Cryptocurrency on your balance in real time without losing interest on exchangeThe internal system will be connected to several exchanges. You choose the best rate and sell coins, getting in exchange Eurocoin or Dollarcoin, which can be used as payment for a purchase. The entire transaction will take a couple of seconds and similar operations will be available on any device. Also Eurocoin and Dollarcoin can be withdrawn on a card in Euro or in USD. It can be used for payment for purchases and withdrawals of funds in any ATM in any country.

TEAM
Alexej Karpov: CEO - Lead Engineer & Founder

Valdemar Degner: Analyst and marketer

Elena Degner: Financial Analyst and Advisor

Lilia Bauer: Content manager & contacts with customers

Roman Romanchenko: Lead developer & Engineer

Vladimir Dzyubanov: Lead developer & Project developer

Alexey Seleznev: Web Designer & Project developer

Albina Chernozhukova: Frontend developer

Vitali Karpov: Java developer & system administrator

ROADMAP
2013Q1

Start of work on the project
2014Q3

The main music portal MVP is launched
Q4

Testing and working on errors
Changing the project structure
Designing a social network
Start of developing new functionality
2016Q3

Dashboards for users and companies are launched
Q4

Development of portal mobile version
2017Q1

Testing and launching functionality for companies - content management
Q2

Designing mobile application for Android and iOS
Q3

Testing and elaborating mobile version
Ability to upload and send photos, videos and music
Q4

Launching and testing chat, correcting bugs
Testing functionality of groups creating
Launching functionality of user verification
Developing "Marketplace" functionality and ability to create an online shop
2018Q1

Start of work on ICO implementation
Preparation and implementation of Pre-ICO
Preparation and implementation of ICO
Q2

Increase in personnel
Extesive work on all sections of portal
Work on monetization system (encouraging users through advertising)
Launching and testing all languages
Designing payment system and creating a next-generation Blockchain
Q3

Developing of automatic advertising system
Testing of a new database
Testing of creating an online shop functionality
Launching and testing Friends section
Combining of all sections and testing of platform
Working on bugs and correcting errors
Testing of mobile application for Android and iOS
Q4

Launching of social network Litenett
Launching of mobile application for Android and iOS
Work on improving platform functionality
Testing of cryptocurrency wallet
Testing of payment system
Extensive marketing campaign
2019Q1

Network scaling for millions of users
Launching of a new Blockchain and platform transition to new payment system
Obtaining of banking license for legal financial transactions in cryptomarket
Exchanging of tokens for new digital cryptocurrency
Integrating of new digital coins with stock exchanges

OFFICIAL LINK:

Website: http://www.litenett.com/

Whitepaper: http://www.litenett.com/whitepaper.pdf

Telegram: http://t.me/litenettcom

Facebook: https://www.facebook.com/litenettcom/

Twitter: https://twitter.com/litenettcom

Bitcointalk username :
creamsweet64
---—------------
Bitcointalk Profile link : https://bitcointalk.org/index.php?action=profile;u=1755542