Lipchain

Lipchain is a platform that will create a decentralized social network dedicated to surfing which will allow users to be paid for the content, they will publish on the app through a sponsoring system secured via smart contract. Lip chain App, relatives will be able to create pictures and videos and earn money that can be shared with the filmed athlete. Their app will also allow the organization for video contests which will pave way for reward for the best surfer. Apparently, this will bring public recognition to many more athletes than official championships do. At the long run, in the future those public celebrity will be able to earn special rewards tied to Lip wave resort and ecological surfing equipment.

By way of definition, Surfing is a surface water sport in which the wave rider, referred to as a surfer, rides on the forward or deep face of a moving wave, which is usually carrying the surfer towards the shore. Waves suitable for surfing are primarily found in the ocean, but can also be found in lakes or rivers in the form of a standing wave or tidal bore. However, surfers can also utilize artificial waves such as those from boat wakes and the waves created in artificial wave pools.

PROBLEMS ASSOCIATED WITH SURFING.
➡️ The weather condition.
➡️ Overcrowding of sports.
➡️ There is a high price for each wave.
➡️ There is no fund for beginners.
➡️ There is a limited access to the world’s championship.
➡️ There is no dedicated channel that can be used for advertising.
➡️ The duration to get to a professional level is usually a long one.
➡️ The seas and the oceans are usually polluted.

HERE ARE THE POSSIBLE SOLUTIONS THT LIPCHAIN COMMUNITY WILL PROVIDE.

They will provide a decentralized and dedicated social network which will be basically dedicated to surfing.
The available sponsors will have the opportunity to select between:
A specific athlete or a location or zone.
Sponsors will be able to choose between either supporting the producer or the surfer.
If it happens that the surfer is the one chosen, they will receive a total of 40% and the producer will receive a sum of 20%
If on the other hand, the producer is chosen, the producer will receive 40% while the surfer will have 20%.

The LIPS token is a utility token that acts as a means of payment and will be used to reward and sponsor on the LIPCHAIN platform. The owners of the token will receive discounts on inner surf resorts and other services platform. A big advantage is also considered to be the absence of fees for transactions using tokens within the platform.

➡️ Token symbol: LIPS
➡️ The token type: ERC20
➡️ Total tokens issued: 1,000,000,000
➡️ Soft Cap: 3 000 000 $.
➡️ Tokens for sale: 210 000 000
➡️ Hard Cap: $20 000 000.
➡️ Price: 1 LIPS = 0.1 USD
➡️ Minimal purchase: 50 USD
➡️ Country of the project: Portugal

➡️ ICO-Period 3 with 15% bonus: 01/05/2018 – 31/07/2018
➡️ ICO-Period 4 with 10% bonus: 01/08/2018 -14/09/2018
➡️ ICO-Period 5 with 5% bonus: 15/09/2018 – 14/10/2018
➡️ ICO-Period 6 without bonus: 15/10/2018 -15/11/2018

Roadmap

➡️ 15/11/2016: Creation of a digital coin (LIPCHAIN).
➡️ 26/02/2017: Dissemination of the concept with several national surfers.
➡️ 16/04/2017: Encrypted currency development.
➡️ 05/11/2017: Preparation and creation of ICO for the implementation of the project.
➡️ 14/01/2018: Launch of LIPCHAIN in the market through ICO.
➡️ 25/02/2018: To buy a boat and to create the sailing team to beat the world record.
➡️ 22/04/2018: To develop the sponsorship for regatta and sailing team.
➡️ 16/07/2018: Attempt to beat the 10 years old world record sailing from Lisbon.
➡️ 10/09/2018: Launch of the APP Captivation of all outsiders.
➡️ 07/10/2018: Communication, advertising, marketing and promotion of LIPCHAIN.