LIPCHAIN A Profitable Global Surfer Community for surfing

ANALYZING THE MARKET.

The participants of sport surfing has been growing tremendously when it comes to the number of participants in recent decades.

Here is the statistics obtained for surfing activities.
For an average surfer, there are usually 90% male, 34 years old who are highly educated, they usually obtain an annual income of 75,000 and they as well own 4 surfboards.
20 miles is usually taken to surf for 2.5 hours on 108 different occasions in a year, there is a payment of $50-$100 for each of the session used.
It was as well discovered that up to 91% take surf trips in 5 years, 82% usually make more than 2 trips, 40% usually make more than 10 trips and 20% usually make more than 21 trips.
The cost of travel per session is usually $25-100.
There is an assumption of surfed waves which is 20 per session.
The price of one wave is $1.15- $5.00.

There is usually a 10 days’ vacation resort which is $120- $600 for each day.
The travel cost for each plane ticket is usually $1500.
The price of each wave is $9.00-$25.00

An estimation shows that there are about 60 million surfers worldwide, with a definite growth of +12-15% growth each year.
There are 162 countries that have surf tourism.
There is a related industry revenue per year and it was discovered to be 70 billion to 130 billion.

PROBLEMS ASSOCIATED WITH SURFING.

The weather condition.
Overcrowding of sports.
There is a high price for each wave.
There is no fund for beginners.
There is a limited access to the world’s championship.
There is no dedicated channel that can be used for advertising.
The duration to get to a professional level is usually a long one.
The seas and the oceans are usually polluted.

HERE ARE THE POSSIBLE SOLUTIONS THT LIPCHAIN COMMUNITY WILL PROVIDE.

• They will provide a decentralized and dedicated social network which will be basically dedicated to surfing.
The available sponsors will have the opportunity to select between:
A specific athlete or a location or zone.
Sponsors will be able to choose between either supporting the producer or the surfer.
If it happens that the surfer is the one chosen, they will receive a total of 40% and the producer will receive a sum of 20%
If on the other hand, the producer is chosen, the producer will receive 40% while the surfer will have 20%.

The first allocation of funds will be as follows:
The development of LIPWAVE pool centre will have 10% reserved for them.
The entire sponsorship will have a reserved amount of 5% which will be kept for the prices made from competition with the decentralized selection of the best evaluated athletes.

The moderator will receive a reward of 8%.

5% of the sponsorship income will be given to foundations who are in charge of the cleaning of seas and beaches.

THE ALLOCATION OF ADVERTISING REVENUE.

The Athlete/producer will have 40%.
The producer/ Athlete will be given 20%.
10% will be allocated for the development of LipWave pool.
The moderator will have 8%.
5% will be for financing of champions.
The cleaning of the sea and ocean will take 5%.
2% will be for the purchase of future contents.

• There will be a pool centre for LIPWAVE.
Availability of feasibility.
Relevance of numbers.
Obtained results.
Presence of ecological resorts.

The LIPCHAIN project is going to be a small but as well very impressive, since we are living in a world where everything is running really fast, people understand the reason why projects should be carried out and actualized within a very short period.
The project has three pillars and they include: sustainability, the equality of town planning and technology as well.

•The cleaning of seas and oceans will be made possible.
The main field of action include:
Seas and oceans will be cleaned.
The cleaning of beaches.
Sensitization and education of people.
The improvement of plastic bottles eco-design.
The reduction of plastic bottle production.
The reduction in the consumption of plastic bottles.
The process of enhancing the end life of plastic bottles.

•A high level of security on wallets.
There is a current development of multimodal biometric authentication, which will be used in wallet and application.
These functions will be made possible on the wallet:
Transferability.
Absence of charges.
Availability of transparency.
Ease of use.
The features of the Ethereum wallet is used to highly secure the LIPCHAIN wallet as well.
There is a public and a private key encryptions security.
The signature for transactions will ensure safe transactions over the ethereum blockchain.
Authentication of OTP.
The presence of a touch Id system.

Here are some of the benefits of adopting biometric authentication.

In order to eliminate fraud.
In order to enhance the usability.
To build a strong community.

THE ICO-CROWDSALE.

A total of about 50 million LIPS have been distributed already between 3,000 contributors. The token sale will go on until 15/11/2018, until the hardcap is reached.
The soft cap will have 3,000,000 USD.
The hard cap will have 20,000,000 USD.
The tokens that will be made available for sale is 210,000,000.
The bounty tokens will have 125,000,000.
Bounty will have 10,000,000.
Bonus will be made available from Monday, 25th of June by 00:00, if hard cap is not reached on time, it will close on November 11 by 23:59.
This bonus will allow you to accumulate 20 weeks, which is as well a bonus of 20%.

THE OFFER OF TOKENS.

The second ICO period will begin on the 21/03/2018 and end on the 30/04/2018.
The third ICO period will begin on the 01/05/208 and end on the 31/07/2018.
The fourth ICO period will begin on the 14/09/20 and end on the 30/04/2018.
The fifth ICO period will begin on the 15/09/2018 and end on the 14/10/2018.
The available bonus for the second period of ICO is15%.
The available bonus for the third period of ICO of 10%.
The available bonus for the fourth episode 5%.
A token available for one referral is 10%