LoveBlock is a blockchain project with fundamental applications and mature business model
LoveBlock focuses on solving core problems of the dating industry
LoveBlock re-innovates online dating with blockchain
Solving the Core Dating Problems
The DDD token stands for Decentralized Database for Dating and it will be implemented on the ERC20 standard. DDD will be the sole currency for the LoveBlock community and used for transactions across the entire DApp network. Already DDD is operational as a token for use on the hugely successful Luxy dating platform.
Last year Luxy generated $5.5m in total revenue, the first app to use DDD. After the DDD token becomes fully operational, in-app purchases using DDD will be priced at a discount compared to any other method. As a result, the token will be in high demand, secured by its millions of users and backed by a growing audience in numerous new markets.
2 000 000 Users
4 000 000 Users
7 600 000 Users
12 000 000 Users
18 000 000 Users
DDD Token Demand
Number of Users
DDD Token Price
With DDD tokens, discounted purchases can be made in the DApps compared to other currency. Prices will be positioned in 1, Fiat currency (EUR, USD, etc.) and 2, DDD tokens. The latter are Ethereum-based tokens with fluctuating market price.
DDDs are Ethereum- based tokens with a fluctuating market price. With this method, users are more likely to pay with DDD. A high rise in the number of participating Dapps will boost its demand. DDD becomes one of the few tokens with high value and growth demand in circulation.
25% of the tokens spent in Dapps will be burnt via smart contracts. This mechanics reduces the number of tokens in circulation and results in a token price rise.</br>This is where our investors can benefit. The more popular our service is, the higher the demand for tokens from the growing audience.
Uploaded 100 data packages of fraudulent activities on the Blockchain
98 were considered as valuable and complete: 'Luxy' receives for each valuable data package 100 DDD, and in total 9,800 DDD
Provider 'Hey Single' wants to buy the 98 data files from 'Luxy'
- 'Hey Single' pays 110 DDD for every data package, 55 go to ‘Luxy’ and 55 are kept by LoveBlock. Both parties receive 5,390 DDD
- With the revenue from this transaction, LoveBlock rewards every new uploaded data on the Blockchain
- Luxy participates each time greatly when someone requests their data. Luxy can accept or deny the transaction
Pays his premium membership fee on LoveBlock with 100 DDD
Posts a new moment on his profile and gets a like from Jenny what brings him 10DDD from her
- then Lara likes as next person his pictures. She 'pays' 10 DDD as well: 5 will go to Max and 5 to Jenny
- Andy is the next one who hits the Like button. He contributes with 10 DDD: 3.3 go to Max, 3.3 to Jenny and 3.3 to Lara
Max invites his friend Zac to LoveBlock and receives 20DDD
Jenny reports Max because he crossed a line when chatting with her and he has to pay 20DDD
User uploads profile picture.
LoveBlock requests the user to submit a real-time video or picture.
LoveBlock scans, matches, and verifies the video or picture using facial recognition.
User provides their unique biometric ID.
Reported and detected scams are getting verified, and if applicable the data on the Blockchain will be updated and tagged.
Updating the encrypted ID on the Blockchain for every profile picture change.
User data becomes encrypted.
LoveBlock writes the hashed, signed data onto the Blockchain.
DApps are able to exchange data about scammers and can banish them from their platform.
Scammers cannot use any dating app in the LoveBlock network any longer.
The biometric ID can help local authorities to recover defrauded property.
LoveBlock has partnered up with the hugely successful high-end dating platform LUXY
LUXY is the Number 1 executive dating app on the planet and already has the most stringent user - verification system across the whole industry.
LUXY takes security and privacy issues very seriously plus has a dedicated userbase of over 2 Million users worldwide, that is growing quickly
As a result, the partnership of Luxy and LoveBlock is a perfect match.
Professional Elite Team
Large User Scale
Rich Experience in Anti-Scam-Methods
High Speed Growth
From LoveBlock’s partnership with LUXY, we know that the biggest current high-end dating markets are the USA and Brazil. As a result, LoveBlock plans to target these markets before expanding further across the globe.
In 2017, Luxy has a global revenue of 3.5 million USD which mainly contributed from 67% market share of millionaire dating niche in America, still increasing and aiming to reach 90% market share in 2020.
In 2017, Brazil has been one of the biggest and profitable market of Luxy which is 45% of the market. From 2018- 2020, Luxy is aiming to increase the market share of Brazil to 80%.
The rest of the world is yet to be developed. When choosing priority markets, we primarily rely on analytical data: the market size and prospects, the audience size and creditworthiness , the number of internet users, working social networks, dating services, etc.
2019 - 2020
Countries including Russia, Germany, France, UK, Italy, Spain will be the first waves of targeting regions in Europe where a relatively higher ARPU and better penetration of users is achievable.
2020 - 2021
The plan for Luxy is to expand into China first, which has a market of 129 million USD, ranking it #2 among all countries.
LoveBlock anti - scam method created
LoveBlock foundation registered
Luxy begins to accept DDD
Test network completed
DDD Token issued
‘Dating Circles’ transferred to functioning test application
Application based on‘ Dating Circles’ created and integrated into LoveBlock
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