Olife (OLIFE)

Olife: B2B2C Commerce Application Powered by Blockchain

Review Score
2.70/5
ICO Price
0.25 USD
Pre ICO Price
N/A
Soft Cap
20,000,000 USD
Hard Cap
172,500,000 USD
Start Date
5 June 2018
End Date
4 November 2018

What is Olife?

Olife: a blockchain-based digital commerce app

Curious about how your business can join Olife's ecosystem? Watch the video and visit https://olife.io/!#Olife #crypto #blockchain #Cryptocurrency #digitalcurrency #digitalwallet #commerceapp #ecommerce

Posted by Olife on Sunday, August 12, 2018

Mobile messaging apps have developed into a strong force in the mobile app sector following the advent of the Internet era. Today, we are  witnessing the next evolutionary leap: Messaging apps becoming multi-purpose and multi-dimensional entities.

 

The Olife App is a B2B2C chat and commerce solution built on blockchain and smart contract technology that allows the hosting of masternodes and staking of wallets. The app incentivizes users with Olife tokens by performing valuable actions, and these tokens hold real world value both within and out of the application.

 

With Olife, users will only have to utilise one app platform to engage several functions, such as managing businesses, settling payments, chatting with friends, and even mobile gaming. Instead of the traditional monetisation models that existing apps adopt, Olife aims to give users a greater say in the monetisation process through decentralised networks. This will ensure that all players are proportionally rewarded for their efforts through the distribution of shared economic value and governing power. Olife’s multi-faceted functions will include:

Olife Pay – Olife will create wallets for each user account – known as Olife Pay, which comprises of a spending wallet and a staking wallet. Within the Olife Wallet, a user can make OLIFE transfers to other users or make payment for a diverse offering of products and services.

Personal and Professional Accounts Management – Within Olife, users can create both a personal account and a professional account to allow better separation of the two worlds.

Corporate Accounts – Business users may register for corporate accounts with Olife to communicate with other merchants or freelancers within the ecosystem to perform various business functions.

Chat Functions – Olife provides a spectrum of communication services, ranging from text messaging, voice messaging, video calls, conferencing, and games to sharing of photos and location.

Mobile Gaming – The Olife gaming platform introduces multiple interactive games for continued engagement of the community. Users will be rewarded with OLIFE for accomplishments within the games as well as achieving high scores in the community. OLIFE can also be spent on virtual in-app items.

O-Zone (Geo-location Function) – The geo-location function within Olife is known as O-zoning. O-zoning provides a means for digital marketing activities based on the physical location of the user. This enables marketers to directly reach users at locations where they are most likely to convert- e.g restaurants promotions, retail discounts etc.

The OLIFE token will be built based on the Ethereum platform until Olife’s proprietary network and blockchain has been built. This is so as to leverage on its efficient balance of speed and token liquidity to ensure users have a smooth experience from start to end.

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