ALPHABIT ICO & Token Sale

ALPHABIT

ALPHABIT is designated to serve as a fully decentralized ecosystem. It is going to be under the full control and operation of the community comprised only by token holders. There won’t be any central server which is going to control the ecosystem. The entire user network is going to provide an environment based on peer-to-peer relationships which would act as nodes or seeds to the master node of the ecosystem.

The primary use of ALPHABIT is far more valuable than just providing the inability of shutting down a master node or the server itself. Each user who creates an account within the environment is going to earn tokens. Users will be able to do so just for providing their attention. ALPHABIT content creators are going to earn and receive tokens for publishing articles and different content on the platform.

About the project in-depth

Members of the ecosystem are not only going to earn tokens for interacting with the platform itself. They would also be able to spend the tokens for different digital products. These include movies as well as songs or other type of content. Users are also going to be able to exchange the LPH token on all the exchange mediums which decide to list the token under them.

The project wants to become one of the primary social communities which are going to pay its users for actually being present on the platform, adding friends, posting, viewing and interacting with content, inviting friends, uploading videos and whatnot. In other words – you would be paid for things that you are currently doing on existing, centralized social media platforms.

Interesting Considerations

The fact that the community is going to be entirely decentralized poses a lot of questions. One of the major concerns relates to spam protection and filtering of inappropriate content. The way the project handles this is by providing token holders with a certain amount of voting power based on the token balance. With this said, the content which is being published is to be voted for. If it gathers the necessary amount of votes, it can be removed or not even published.

If a user is consistently getting his content removed, this is going to lead to account suspensions. The Ethereum blockchain might even lock you out of the ecosystem in general.

About the Tokens

The tokens are ticked as LPH. They are going to become the only medium of exchange on the platform. A total of 50,000,000 are going to be available. The company plans to release the LPH Wallet in January in 2020.

In any case, the ALPHABIT project is a very ambitious one which ultimately plans to replace the existing social media communities and create a new one where people are going to be appropriately rewarded for their contributions. Supposedly, this is going to incentivize more engagement, retention and, ultimately create self-sustained and community-driven environments which are both effective and profitable.

ALPHABIT Overview

ALPHABIT ICO
Running Now15 Days left
Vote For ALPHABIT
Pre-ICO : 10% Bonus.
Symbol
LPH
Sector
Cryptocurrency
Platform
Ethereum
Token Type
Ethereum ERC23
Start Date
Jan 01, 2018
End Date
Dec 30, 2018
Country
united-states
Bonus
Pre-ICO : 10% Bonus.
Total Supply
50,000,000
Presale Start Date
Jul 23, 2018
Presale End Date
Jul 23, 2018
Status
Active

ALPHABIT Rates & Bonuses

  • Pre-ICO : 10% Bonus.

ALPHABITUser Reviews

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