LB will solve core issues associated with online dating, such as fraudulent activity, by harnessing the security of blockchain platforms. It will also provide motivation, by way of amassing tokens, for people to use the services. LB is working closely with the dating app Luxy, which currently has more than 2 million users across the globe.
With LB, fraud will be easily identified via our unique verification system. The information will be saved and encrypted on the LoveBlock blockchain allowing the data to be shared with other DApps. This will expose the scammers, thus preventing them from creating any more harm across the whole network. Also, each user’s behavior will be quantified depending on how valuable their contribution is to the network. More positive behavior will result in greater rewards for the user, thus motivating continued and meaningful use of LoveBlock indefinitely.
For more information on $DDD tokenomics, download pdf here.