Alphabit.co,

Decentralized Social media Community Based on Blockchain

Alphabit.co combines the power of blockchain technology a decentralized social media community. Alphabit.co decentralized ecosystem is operated and controlled by the community of token holders. Alphabit.co is not controlled by a central server, the entire network of users provide a peer-to-peer like environment acting as seeds or nodes to the ALPHABIT.co. Aphabit.co aims to change the censorship and control of the internet. Alphabit believes that the creators of content and those viewing the content deserve to be rewarded in the form of Alphabit (LPH) for what they provide to the community. There is no middle man or meditary control over the alphabit.co community.

Before i go deep down into alphabit.co and how it works, i will quickly give an explanation of Cryptocurrency and Token for those that do not understand the what and hows of these terms. You can skip this part if you already do.

SO WHAT IS CRYPTOCURRENCY?

I first heard about Bitcoin in 2012 but i didn’t “get it.”

Terms like decentralized, distributed and blockchain catches my interest, but I lacked the technical understanding to really understand what I was looking at.

I started reading up a bit more in 2015. However, only after a deep dive over the last 1 year do I feel like I’ve even begun to wrap my head around it.

A cryptocurrency is a form of payment which is similar to the currencies commonly used such as United States Dollar or the British Pound. However, unlike these currencies, cryptocurrencies are decentralized. There is no central government to print more of them out to cause inflation. In fact, cryptocurrencies have been formulated to gradually decrease in production as time goes by. Bitcoin, for instance will never have over 21 million coins in dissemination.

WHAT IS TOKEN?

A token is a representation of value, a sort of digital asset (dasset). The Ethereum developers decided to standardize this process, and so the ERC20 ‘Token Standard’ was created. This templated-contract standardization contains a series of functions that enables the issuance, distribution and control of the assets in a formalized, standardized manner.

A token standard allows for the ease of interoperability between DApps (decentralized applications built on the Ethereum public chain) and the tokens built by the programmers.

ALPHABIT.CO PLATFORM AND HOW IT WORKS

The Alphabit.co ecosystem combines the power of blockchain and smartcontract to make its primary Social Community interesting. On ALPHABIT.co platform and network each user that creates an account will earn tokens for their attention. Users can earn token for being on the platform, viewing content, adding friends, posting content, viewing pages, liking posts, uploading photos/videos, inviting your friends, & so much more. Also content creators will also earn ALPHABIT.co tokens for publishing content and articles to the platform. ALPHABIT.co members will be able to not only earn tokens for interacting with the platform but they will also be able to spend their tokens for digital products such as movies or music directly with LPH. Users can exchange these tokens on all major exchanges that decide to list ALPHABIT.co.

Spectacular Features of ALPHABIT.co

Spam Filtering: ALPHABIT.co users will have X amount of voting power within the ecosystem. As negative or unwanted content comes along the community will vote on content that is deemed as spam or inappropriate after enough votes have been received the content will be removed and the user will receive a notice regarding the removal.

ALPHABIT.CO ICO AND TOKEN (LHP)

ALPHABIT.co (LHP) will be released during the contribution period. ALPHABIT.co will sells ERC-20 compatible Ethereum-based LHP token. The aim of the token sale is to provide a discounted participation for the early adopters of the decentralized platform. By purchasing LHP tokens, the early adopters receives a discounted price for using the decentralized lending platform. The ICO has been structured to give the best opportunities to anyone who would like to participate from the very beginning, providing maximum flexibility and control for the participants.

ALPHABIT.co token (LHP) will be used to purchase data and make incentive payment on the LHP ecosystem. It will also be used to provide incentive for early adopters.

Total ALPHABIT.co Token : 50,000,000 LPH

Accepted Currencies: ETH

What are you waiting for?