LoMoCoin is the world's first built-in crypto-currency LBS entertainment app. In combining real maps and real life, players can open the app to hunt treasure at streets, campuses, business districts and parks to get LMC.
LoMoCoin marks the first mobile app attempting to bring together offline shops' demand for traffic directing, player participation in entertaining games, and block-chain digital currency. The app enables players to explore on the map and in reality to get LMC and special offers from shops, bridging between players and shops for value exchange and traffic monetizing in a different way.
LMC is short for LoMoCoin, a brand new digital currency in the LoMoCoin app issued on the basis of block chain technology. A total of one billion LMC will be distributed in two years. With offline treasure-hunting in corresponding places on the map , players can get free LMC.
The value of LMC comes from: first, players' actual stamina and time consumed, which turn into a huge human traffic, bringing massive trade opportunities and monetizing chances for shop marketing; second, cash paid by shops for sending LMC to players; third, real commodities and services specially offered by shops; fourth, app popularity created from ongoing interaction among players and between players and shops; and fifth, outside investors' outlook on the future value of the entire LoMoCoin ecology, etc. All these elements form the backed up value of LMC, which can be seen from LMC's conversion price and total capitalization.
It is the block chain and digital money system supported by LBS game and actual business credits.
It is the world's first mobile LBS app with built-in block-chain crypto-currency system.
LMC is available to be traded publicly at a third-party market and can be exchanged at any time.
By following clues to hunt the treasure, players can be directed to shops, thus building a LBS ecosystem step by step.
Total quantity: one billion. Distribution methods:
① Distributed for free in the game: 600 million (60% of the total) distributed in two years. Specifically,
1）240 million in the months 1-6;
2）180 million in the months 7-12;
3）120 million in the months 13-18;
4）60 million in the months 19-24.
② Given to angel investors: 150 million (15% of the total), locked for two years from April 18, unfrozen evenly in 8 seasons.
③ Used for market promotion, third-party cooperation incentive, and building of external ecology: 50 million (5% of the total).
④ ICO: 100 million (10% of the total). ICO has been successfully held at the beginning of June.
⑤ Held by the development team: 100 million (10% of the total), paid for block chain network, server system, team salary, internal incentive, etc. Locked for two years from April 18, unfrozen evenly in 8 seasons.
There are two versions of LoMoCoin. The iOS version can be downloaded from Apple App Store. The Android version can be obtained from China’s major Android app stores (Google play is on the way) and our official website. We will keep updating the app and bring more functions, playing patterns, activities, and diversified game modes for players.
For now, LoMoCoin has a team of some 20 talents, with tech masters developing block chain and digital currency for four years, a number of geeks outstanding for front-end and back-end development of Internet apps, as well as veteran product managers in digital currency and game, marketing & promotion aces knowing well Internet culture and post-95s culture. Core team members have been working together for over five years, delivering tacit and stable operation.
You can have access to latest LOMOCION news and talk to us by:
WeChat Service Account: Linmeng Hudong Yule
WeChat Subscription: LoMoCoin
QQ Group Chat 1: 546464406
QQ Group Chat 2: 224779379
After logging in, player can get LMC for free by a number of ways:
① New user gift pack;
② Daily attendance award;
③ Open the Mengdai;
④ Join a team and share the Mengdai opened by team members;
⑤ Invite your friends as followers to share the reward;
More ways will be offered to get LMC, please stay tuned.
Mengdai is like the red envelope in WeChat, and user can see Mengdai on the map. Each Mengdai has several LMC to be claimed by certain players. Each player can get random number of LMC.
After seeing Mengdai on the map, walk up to it (20 m range) and click it to see details, and then click "Claim" to get LMC. Each player can claim LMC from one Mengdai for only one time.
Mengdai includes two types:
I. Some sent by the system automatically, often near the location where players log in;
II. Others sent by players. Every player can customize LMC quantity, number of claims, location, and information issued. For example, Mengdai sent by a restaurant can include the information of its special offers; and when outing with your friends, you can send Mengdai to each other, and hunt treasure by the sea and in the mountains.
After inviting your friends to LoMoCoin, they will automatically become your followers. Besides paid Mengdai sent by your friends, Class I followers will give 3% of proceed to you every day, and Class II followers (your followers' followers) give 1%. Rewarding LMC is provided by the system. (Specific proportion will be adjusted from time to time)
Each player has 10 points of stamina for each day, and each Mengdai claimed will cost one point.
Stamina will automatically recover at midnight every day.
For campaigns at major holidays, the max stamina point may be increased.
There are two possible reasons.
First, your phone has not activated GPS. Only when your GPS service has been activated, can the system locate your position.
Second, there is network fault or network delay. Please close the page or app and login again.
If you are indoor or next to high-rise, GPS positioning may be interfered by the building. Especially when you are surfing by WiFi or 4G indoor, the positioning service depends on data provided by broadband service provider and mobile carrier. Therefore, GPS would not be connected totally, thus resulting in greater deviation. We recommend you to play the game in outdoor locations without blocking. Just go out and embrace the nature!
When you are in the game, you can check nearby teams and their members, and then you can click to join a team. After joining the team, each Mengdai claimed by team member will also be shared by other members. The team only lasts for one day, and will be automatically dismissed at 2:00 a.m. the next day. The top three members getting the most LMC will be rewarded after team dismissing.
At its early stage, all players can send a Mengdai for free every day after logging in the game. The LMC quantity and number of claims are default, while location, title, and content can be customized. The LMC of such Mengdai is given by the system. You can send customized Mengdai at any place you like for other players to collect.
Private beta test and public beta test of LoMoCoin have been completed, and players can now trade LMC at the trading platform. You can trade you LMC at yuanbao.com at any time.
First, LMC, like Bitcoin and Peercoin, is a kind of block-chain crypto-currency. However, LMC is born after the LoMoCoin business model, and is a digital currency based on LBS and O2O. Bitcoin and other digital money are born first, and then possible business models are devised. However, they are often found to be mismatching, causing lots of inconvenience.
Second, LoMoCoin assimilates advantages of block-chain Bitcoin and Peercoin, including quantity limit and no extra issuing, block-chain general ledger and open transactions checkable. Also, the development of user scale is also totally transparent, and each user will continue to generate income from POS interest, just to name a few. At the same time, LoMoCoin has innovated a lot. For example, developing mobile internet versions of Wechat H5, iOS and Android to meet the demand of more users and lower the barrier, issuing digital currency through the channel of game, and simplifying access for shops.
LMC is of actual value and can only be traded after real name authentication, and our system is connected to national safety and credit reporting system to guarantee a real and reliable name authentication. Also, it will provide protection for player's account and prevent from loss. Only after phone number is bound and payment password is set, can players transfer and use LMC.
Reasons for blocked accounts
ID card and Phone number are within the blacklist of national credit reporting system. (possible when binding the ID, player can appeal)
Log in more than one accounts with one cell phone (violation operation, not recoverable)
Cheat software installed in the phone (violation operation, not recoverable)
Virtual positioning software installed in the phone (violation operation, not recoverable)
App downloaded from illegal source (player can appeal)
Material required: WeChat nickname, bound phone number, real name, ID number, recent photos of player holding both front side and rear side of the ID card. The photos should provide clear text, complete card border, natural lighting, and watermark is allowed, but important information should not be blocked. Also, contact information is needed. Please clearly state your reasons for appeal, and then wait patiently for the results.
Service E-mail: firstname.lastname@example.org