Lipchain — Uniting the Surfer Community with Blockchain

The global cryptocurrency market started 2018 with a bang, hitting a record high of $700 billion in market capitalization. All signs point toward an increasingly large cryptocurrency exchange market as new crypto traders continue to join exchanges. The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations One firm at the forefront of this innovation is Lipchain which will offer many surfing products and services to lipchain token holders. And also it help to surfers and sailors to take good photo and videos and upload it on the lipchain app. Community will mothly choose the best athletes and the best athlete will earn lipchain tokens. Later time they will create lipchain resort for giving training to whom have interest in the surfing

ABOUT LIPCHAIN

The idea behind Lipchain is to provide the surfer community with best possible conditions for practicing surfing. The platform will unite the Global surfers community and also provide them with sponsors,unofficial competitions, year-round training habitat most importantly, the best possible conditions to practice Surfing.

Lip chain 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.
The LipChain platform is a decentralized ecosystem that provides surfers with sponsors, the ability to train year round and participate in unofficial competitions. Every month the surfer community can pick the best athlete via voting in the application. The app also allows users to earn tokens they can spend on surfing equipment and services at a great discount.

When the LipChain project gets implemented, the surfer community will gain:
*ability to publish their photos and videos online to earn income for surfing;
*indoor wave pools for year-round training sessions;
*ability to choose their champions through the LipChain app tools;
*ccess to the global surfing and sailing community;
*funding for beach and ocean pollution cleanup programs at 5% of the project’s sponsorship revenue.

PROBLEMS LIPCHAIN SEEKS TO SOLVE

Lack of funding for beginner to boost themselves up to professional level and high costs for surfboarding coaching is solved by posting videos and photos at the LIPCHAIN network and by earning tokens.

Access difficulties in championship participation can be solved by competitions during this community.

Limited availableness of reaching audience are solved by uniting surfboarding community.

The pollution of oceans are shrivelled because of cleansing programs sponsored by LIPCHAIN. The sponsorship are up to five-hitter of videos support financial gain at LIPCHAIN.

SOLUTIONS PROVIDED

LIPCHAIN has decided to launch a Decentralized Social Network dedicated to surfirng, which will allow users to get pain by publishing contents such as images and video clips on the App, through a sponsoring system secured via smart contract and maintaining control over their contents. Through this decentralized social network the athlete can also publish contents dedicated to the sponsor(s). Through the LIPCHAIN App, frinds and family can earn from publishing video clips and pictures about the Athlete.

Cleaning Seas and Oceans: The LIPCHAIN team aims to participate in safeguarding the seas and oceans with more efficient ways to help already existing Foundations. This can be achieved by cleaning beaches, Educating people on better ways of disposing plastics, Reduce plastic bottle consumption, Improving plastic bottles Eco-design.

How It Works?

LIPCHAIN is a decentralized ecosystem that tries to address these problems and provide viewers with sponsors, unofficial prize draws, and year-round training. LIPCHAIN also gives a program where viewers can earn tokens for taking part and employing their most desired sport while surrounding to the intent of cleaner oceans.The community will also offer client with access to the global surfing and sailing community and the necessary tools need to selecting an athlete for sponsorship and providing the sponsor with smart contracts for securing the package.

LIPCHAIN APP

The stage will build up an app especially suited for users and sailors, included with a decentralized community system. The Network allows browsers to content their clips and photos and end up being rewarded employing bridal party. The amount of bridal party received is determined by the society reviews of the training video or photographs. Surfers can as well gain bridal party by taking part in prize draws structured within the request.Additionally, the relatives,family, and friends, of the surfer can movie the surfer during competition and training and make money, which is sharable with the film surfer.

LIPWAVE Pool area Centre

The pool will present all year surrounding Olympic preparation conditions for the surfers as the pool will be made to generate influence every 6 to 8 second for more than 1000 surfers per time. The pool area will allow browsers to reach the professional level ten times more rapidly. In the possible future, an environmental hotel will end up being developed around the pool area.

LIPCHAIN WALLET

The LIPCHAIN wallet allows customers to experience high level of user interface, which means this wallet experience will be completely different from any other available wallets. It is a highly secured wallet embodied with all Ethereum wallet security features. It will also support functionalities such as :

Transferability
Users can send and receive Lipschain tokens (LIPS) to/from any valid Ethereum wallet.

No Charge
No Ethereum will be charged during the transfer of LIPS, only transaction fee (gas) will be required.

Transparency
This functionality enables users to check the status of their transactions over the Ethereum wallet.

Ease of use
The LIPCHAIN wallet has a user-friendly interface

WALLET SECURITY

In order to ensure maximum security and control, The LIPCHAIN team has decided to develop a Multimodal biometric authentication which will be used in the wallet and App. Features of multimodal biometrics includes:

Face Recognition
Iris Recognition
Fingerprint Recognition
Gait
Voice Recognition
Signature Recognition

TOKEN AND ICO DETAILS

LIPS tokens are utility tokens of LIPCHAIN network and at the same time they give an opportunity to buy discounted surfing products at LIPCHAIN or book LIPWAVE pool. LIPS can be stored in any Ethereum wallet supporting ERC20 tokens (MyEtherWallet, Mist, MetaMask etc.)

Token Details

Ticker Name: LIPS

Token standard: ERC20

Total Supply: 1,000,000,000 LIPS

Tokens for Sale: 210,000,000 LIPS

Bonus Tokens: 125,000,000 LIPS

Price: 1 LIPS = 0.1 USD

Soft Cap: 3,000,000 USD

Hard Cap: 20,000,000 USD

Minimal purchase: 50 USD

Country of the project: Portugal

Distribution of Tokens