Short Description: LetitPlay is a fair attention economy designed to reward content creators for consumer attention to content, including listens, likes, comments and reposts.
Category: Tokens Cryptocurrency
Yet, even content as popular as news is far more likely to be found in text or video form, and audio content on the Internet remains a second-class citizen. The main reason is that production of audio content brings no direct profits to the Content Providers, and requires additional investment into its production. LetItPlay provides a solution to this problem. LetitPlay is backed by EOS blockchain technology. Decentralized nature of this solution allows us to implement a genuinely transparent and fair attention economy designed to reward content creators for consumer attention to content, including listens, likes, comments and reposts. Similarly to what Steem has done for text content, LetItPlay will do for audio. Token name: PLAY Token / PLAYHard cap 25 000 000 $Soft (min) cap 4 000 000 $Total suply: 1 000 000 000ICO supply: 593 500 00010000 PLAY = 1 ETHBonuses: Stage 1: 60 000 000 PLAY Stage 2: 110 000 000 PLAY Stage 3: 157 500 000 PLAY Stage 4: 266 000 000 PLAY Start bonus: Bonus stage 1: +20% PLAY Bonus stage 2: +10% PLAY Bonus stage 3: +5% PLAY Bonus stage 4: NO BONUSMVP: https://letitplay.io/platform60% - For sale 15% - Ecosystem fund 15% - Founders 5% - Team 3% - Advisers 2% - BountyToken Value: Play tokens are utility tokens designed for circulation in an ecosystem as internal means of payment for transactions amongst participants. A part of Play tokens will be issued during ICO for the initial supply of the economy. Later on Play tokens will be issued by the blockchain based on consumer behavior and will be distributed among Content Providers, Distributors, Miners, and Minters. When building the Play token emission model we looked to the Steem model, but we are going to enhance it to take into account the specifics of audio content consumption.Accepted currencies: Ethereum (ETH)