Cardano ISPO 2024 Linkberry - Whitepaper explanantion

#Cardano #blockchain #ada #cardanocommunity #cardanocoin

The following is a white paper analysis of the Linkberry project, which will start funding with ISPO starting 496 epoch on July 9th.
If you are staking Ada in a Cardano wallet to pools, participate in Linkberry ISPO in advance starting from 494 epoch.

Our application for basic income. Linkberry.
First, this is the goal of the Linkberry project.
The Linkberry app is for basic income that satisfies basic human needs.
Earning just a few dozen dollars a month can be life-changing for an individual with limited income. Many of these individuals live in underdeveloped regions of Africa, Latin America, and Asia, where income levels often do not meet basic human needs.
Linkberry empowers individuals in these regions by providing a revenue-generating, revenue-generating social media platform.
Linkberry's goal is to help you have a monetizable SNS. Helps users become influencers. Ensures users have a minimum cost of living. Connects people to each other. Ensures that the Cardano ecosystem has hundreds of millions of active users.

The expected effect of LinkBerry is to help the YouTube channel that makes you money make more money.

LinkBerry consists of Poomasi and Video Clip systems. They say they are trying to foster video clips by reflecting the opinions of the former CTO of a Kakao affiliate, who is a friend of Linkberry's founder.
Linkberry's business model is as follows.
This is Google AdSense advertising revenue, commissions through exchange of gift certificates between app users, advertising banners, and sales of various paid products in the app.

So how does Linkberry collect app users?
We plan to invest 100 million tokens and approximately $50,000 in recruiting users.
We plan to utilize the referral system, influencers, incentive system, promotion through foreign communities in Korea, and public relations ambassadors.

Next is tokenomics. LinkBerry token is called Linke. Sounds like a Nordic female name, right?
Linkberry ICO does not have a pre-token sale. We comply with the laws of the Republic of Korea.
Instead, we aim to obtain development and promotional costs through ISPO, which preserves investors' investments. 3.6% of the total circulation will be distributed to 12 partner pools, and 14.4% will be distributed to Linkberry Pool.
As for the ecosystem, 10.8% will be distributed to Poomasi and 43.2% to Videoclip.

How will the value of the most important token increase?
The value of most tokens plummets because early investors and influencers throw tokens when they are listed.
To prevent this phenomenon, Linkberry proposes token distribution to users in countries that regulate cryptocurrency and replaces them with Daesan gift certificates. Additionally, 50% of the operating profit will be used to buy back LinkBerry tokens and be burned, thereby continuing to reduce the number of tokens in circulation.

So how can you get Linkberry tokens?
In the future, Linkberry tokens will be available when they are listed on decentralized exchanges or exchanges such as Binance. You can get tokens by using the Linkberry app. You can earn tokens by participating in ISPO starting in July. If you become an ambassador, you can receive tokens. Please apply. You can earn tokens as a reward for your personal donations. It is a concept of proof of donation. If you submit a reported donation to the National Tax Service, tokens will be paid in proportion to the amount of donation. However, it only applies to Korean citizens. Lastly, there is a community airdrop. We plan to carry out airdrops through X, Discord, etc.

There are two ways to participate in ISPO. The first is to stake Ada in 12 partner pools. A total of 3.6% of tokens issued will be distributed. Partner Pool ISPO will be held for 100 days.
The second is to stake Ada on Linkberry Pool. If you stake Ada for more than 53 epochs, you can obtain Linkberry tokens with a reward rate of approximately 100%.

LinkBerry's app is scheduled for beta testing as early as the end of this year. As soon as the app is launched, it will be listed on a centralized exchange. Linkberg's ultimate goal is to receive the Nobel Peace Prize for providing a basic income to everyone in the world. It’s so wild, right?

Those who are staking with a Cardano wallet watching this video can earn Linkberry tokens by delegating to Yabak Pool. LinkBerry token is a utility token. We plan to pursue a strategy to significantly increase the value of tokens with the goal of scarcity.
Search for the ticker LIBE in Yoroina Eternal Wallet and stake your Ada. You can stake your ADA in LIBE pool starting from 494 epoch
Well thank you.