LKOD Token Whitepaper

The Future of Decentralized Social Media

Empowering the Likoid Platform through Blockchain-Based Utility

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Our Vision

Our vision is to establish a transparent, decentralized, and secure digital token that can be used for transactions, staking, and governance on the Likoid platform. By leveraging blockchain technology, we aim to empower users with better control over their data and contribute to a safer and more trusted information ecosystem.

Technology Behind LKOD

LKOD is built on the Ethereum blockchain using the ERC-20 standard. We use smart contracts to ensure transparent and automated transactions within the platform, integrating with services for verification, staking, and token management.

Use Cases of LKOD

LKOD serves as the primary currency for all transactions on the Likoid platform, including accessing premium features, staking for rewards, accelerating account verification, and purchasing news content.

Tokenomics

Total Supply: 5,000,000 LKOD
Initial Supply: 1,000,000 LKOD
Token Distribution: Platform Incentives (40%), Team (20%), Liquidity Pool (20%), Public Sale (15%), Reserve Fund (5%).

Roadmap

Q1 2024: Launch of Likoid Platform Beta
Q2 2024: Deployment of LKOD Token on Ethereum Mainnet
Q3 2024: Staking and Reward Mechanism Integration
Q4 2024: Listing LKOD on Decentralized Exchanges
Q1 2025: Governance Protocol Implementation