LBank AMA Recap with LVI
We are LEVOGLOBAL, we are a platform that launches new K-POP projects and we allow global fans and investors to be part of the project by the sales of IP content of the sound source of the project.
First five AMA Questions (First Part):
1. What does the $LVI name stand for? There are interesting stories behind every successful project, and of course, you have to work hard every day. Can you share one of these interesting stories with us?
LVI is an acronym for LEVOIST. Levo means elevation. Levo pretty much mean The Elevating One
for our interesting stories
When we were launching our project with IMFACT, the frames were sold out very fast and we were truly amazed how many people globally wanted to be a part of our project with IMFACT. That was a great moment for us.
A lot of the work that we do is about launching quality music projects with artists. A lot of work goes into contacting artists that would like to work with us and hiring composers, music video producers, and also working with music distributors.
We had lots of opportunities to be present at the recording studio of these artists.
When I was visiting the recording session with Han Dong-Geun, we were amazed at how versatile and talented he was. He could completely change his voice anytime like a musical chameleon.
2. Can you list 1–3 killer features of the #LVI project that make it ahead of its competitors?
We are proud of being one of the kind among IP content platforms that launch new music projects that has the potential to become the next new hit.
Existing platforms deal with IP contents that have already been released in the past. Which makes our platform more attractive to younger audiences that are interested in more trendy and new music.
We make our projects more reflective of the participants by holding composing and lyrical contests.
3. Could you tell me a little bit about Your roadmap going forward, How do you plan onboarding users and gaining more adoption for Your project?
We are currently in the process of making a collaborative project with a major artist from the US and a K-Pop artist.
We look forward to this project and we think this could potentially be big. Beyond that, we plan to continue launching quality projects. We do focus on K-POP but we are open for any global artists.
4. Have you been audited? Have not heard you talk about that security of funds is what every investor craves for and plans to escape in case of insecurity if funds, scams, and rug pull? How strongly built is your security put in place?
Our developer does carry out regular audits. In case of possible exploits in our LVI token, we plan to take insurance to cover the losses of LVI holders. if you are skeptical of our project as a rug pull, please know that we have carried out 5 successful k-pop projects in 2020 and we will continue to do so in the future. I think this is the only way to show you that we are legit.
5. Too many projects disappear in these tough market conditions. How do you ensure the sustainability of #LVI? What is the receipt of success?
Before being a Cryptocurrency, we are primarily an IP content platform. We will continue to launch quality K-POP projects whether the crypto market is undergoing tough times or not.
and we believe this is the receipt of success. And we are not majorly dependent on the crypto market.
Selected four Questions with Answers from the Telegram community (Second Part):
Staking programme is very important for any project, Can I stake your token? Do you have any plan of starting a staking program?
We plan to add the staking program to LVI token. It is not released yet but we plan to implement it before the end of the year. Details of the staking mechanism are still in progress.
Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects?
We understand this issue very much. What makes our platform different is that people can see our projects on our platform and engage with them when they are newly launched and our projects are very visible since they are released as music videos and music.
Almost 80% of investors have just focused on the price of tokens in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Good question. As our platform continues IP projects and as the IPs stack up and the revenues from the IP grow, we believe it will have a very positive effect on our token. That is a good reason to hold LVI for longterm
Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space?
We think it is important to attract non-crypto people to our project. Since K-POP is gaining more international attention, we believe we have a great opportunity to appeal to all the K-pop global fans out there. Well, our plan to do this is to continue to launch great projects with great artists.