The blockchain enabled and incentivized review and reward platform where anyone can
conveniently and freely write reviews, engage in and be rewarded for these activities.
Honest and constructive reviews of best products and services will be produced and naturally
be recognized through LITER’s unique blockchain infrastructure.
David Kim @ Hong Kong Meet UP ConsenSys + Eosys July-2018
A. Current influencer marketing that is concentrated to a few, high cost influencers
increases ineffective marketing and generates advertiser-driven reviews. However, LITER’s
unique blockchain infrastructure provides an environment where anyone can freely write
reviews, engage in, and be rewarded for these activities. From this, honest and constructive
reviews are produced as well as disseminated and advertiser’s marketing is cost-effective
with transparent spending in user rewards based on engagement. Unlike other blockchain
based, incentivizing projects,
1. LITER is ready for its beta service in August, and official service in September. It has
been LITER’s priority since day 1 to provide the service so that users enjoy sharing
experiences and make profit and advertisers deliver cost-effective marketing promptly.
2. LITER is built upon resources from its first partner, 0.8L, the global marketing and
commerce platform with over 3000 advertisers and 540K reviewers from the past 3 years of
business. Unlike other projects with similar concept and services, LITER looks to construct
the decentralized and incentivizing review and reward platform with blockchain technology
and 0.8L’s review service know-hows and resources.
3. LITER is developed by successful entrepreneurs with 20 plus years of business experiences
and supported by advisors with prominent career achievements in both business and
technology. Also, LITER has blockchain experienced team members and marketers with global
A. Through LITER’s REWARD SYSTEM, reward is calculated from the user responses (engagement:
like, rating, abuse reporting to reviews) gathered for 72 hours with each vector’s weight,
and provided in LITER CUBE units to designated recipient’s individual wallet. Reward process
and history are saved in the smart contract, which guarantees reward transparency.
Rewarded LITER CUBES need to be converted to LITER COINS in order to obtain access to
products and services offered within the LITER ecosystem or convert to fiat money.
A. With our first partner, 0.8L, LITER was able to develop its service upon 0.8L’s resources
that included service know-hows and issues related to review services from the past 3 years’
0.8L experiences. With the resources from 0.8L and researches on the current blockchain
based, incentivizing digital contents services, LITER has established its own abusing
guidelines and algorithm. At the beginning of the service, abusing issues will be managed
through users’ abuse reports and LITER centralized system, and after the official launch
when the service becomes stabilized, the issues will be managed by both systemic algorithm
and abusing reports. For abusing issues and guideline details, please refer to User’s
A. Conversion rate between LITER CUBE and COIN is 1:1 in the beginning of LITER service.
Upon conversion, fees, time constraint, and conversion minimum may be applied. Conversion is
allowed from LITER CUBE to LITER COIN but not vice versa, except for the case when
advertisers request for Advertising Review Campaigns. In order to build and maintain sound
environment for LITER ecosystem, LITER CUBE can only be earned from contributing activities,
not to be purchased nor leased. LITER COIN is the only unit convertible to fiat money and
for obtaining access to products and services offered in LITER ecosystem marketplace.
A. 1 billion units of LITER COIN will be issued and 10% of that will be allocated in Token
A. As the service condition and technical circumstances change, the White Paper can be
modified and updated except for the main concept and policies. We do not inform you
separately or individually when the changes occur, but will try our best to maintain
accuracy and updated version of White Paper and the materials on the website.
A. Currently, LITER is focused on the service launch and private sale. Any confirmed
and details regarding token sales will be posted on the website.
A. LITER is a project developed from the Singapore based foundation.
A. For token sale participation, confirmed schedule and details of each phase will be
announced on the website. For LITER service participation, anyone can join in when the
service launches in September 2018. LITER is open to anyone who is willing to share
experiences. Please stay connected with LITER where users freely and happily write reviews,
engage in, and be rewarded for the activities.
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