LikeCoin - Reinventing the "Like" button to reward creative content on Social Media! by focusnow

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· @focusnow · (edited)
$52.37
LikeCoin - Reinventing the "Like" button to reward creative content on Social Media!
![likecoin.jpg](https://cdn.steemitimages.com/DQmTbrFQcxRZUeRnaAH8EmKVZWBwJwQPBfpB2M8ouD28C9V/likecoin.jpg)
![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>Introduction</center>

<div class="text-justify">

Blockchain technology is changing the entire traditional financial systems. It has made it possible for users to conduct peer-to-peer value transfer in a secure, fair and transparent manner. Considering that Bitcoin just came into the scene in 2009, the rate of cryptocurrency progress is simply amazing. Whether it is in education, medicine, government, business or other sectors, several blockchain-based services have proved far more superior and efficient than traditional centralized solutions.

One area that cryptocurrencies and blockchain technology have made such a big mark is in rewarding content creators for their work. This article will examine a block-based solution that seeks to reward social media users who create and publish original content in various formats. But before that, take a look at the big problem of how content creators are rewarded and why there is an urgent need for a fair reward system to incentivize content creation.

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>The Problem: today's creativity reward systems are largely flawed</center>

There are millions of social media users who create content everyday but are never really rewarded. Just think of your social media accounts. You create content and post on your page only to receive "likes" that never translate into any form of financial value. Most times, the content you created are so valuable that they are used in projects and other works of economic value. At the very best, the author is simply referenced and that is the most they could get from their creative content. So when you post a meaningful article and informative article on social media, you are only rewarded with "likes." The irony of this situation is that most social media sites where users produce content, make billions from advertising based on the type of content shared. The content creators make "likes" at the end of the day.

Because of the above issue of being unable to reward content creators accordingly, many freelancers look for jobs or projects online so that they could get rewarded for their skills and the content they produce. While this may be an opportunity to get rewarded from content creation, it does not provide a direct means for rewarding creativity. For example, a well-written fitness article will probably benefit most readers on social media. The article producer should have a direct reward from the audience instead of looking to market his article to a few select buyers. 

With the proliferation of smart devices, everyone can become a content creator that should be rewarded. Whether it is sharing your vacation pictures, recording and posting a hiking trail video, or writing a perfect article about single parents, content creation should be rewarded accordingly. Unfortunately, it does not happen in today's centralized content sharing platforms. 

This article will review  a blockchain-based project that has reinvented the "like" button and the entire content reward system. The project is called LikeCoin. As you examine how it works, see the huge potential that content creators could gain from a global audience of content consumers, and how this project is set to become a revolution in content reward systems. First, what is LikeCoin?

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>The Solution: [LikeCoin](https://like.co)</center>

[LikeCoin](https://like.co) is a blockchain-based content rewards system that transforms how creativity links to value in a social media or content sharing environment. The "Like" button which is always present in most content sharing platforms, adds no economic value to a content producer. However, with a redesigned "Like" button, consumers are capable of rewarding creative content developers each time the button is clicked. Unlike Proof of Work (POW) or other incentive mechanisms, LikeCoin uses its superior Proof of Creativity algorithm and LikeRank to reward creativity and facilitate a healthy urge to produce more creative content. Being a blockchain-based reward platform, content creators are now capable of deriving financial value directly from consumers of their work in a secure, fair and transparent environment. [LikeCoin](https://like.co) is set to create a global incentives system powered by blockchain technology to encourage creativity and reward original content creators.

The following section discusses various functionalities of some [LikeCoin](https://like.co) elemens and how each unit is integrated into the entire [LikeCoin](https://like.co) rewards ecosystem. Understanding these elements will make it easier to discuss various other features that make [LikeCoin](https://like.co) truly unique.

# <center>[LikeCoin](https://like.co) elements and their roles.</center>
The following are some roles and functionalities  that needs to be understood on the [LikeCoin](https://like.co) platform:

**1. Creative Content:** Any piece of original or derived work usually in digital format, created for consumption with a target audience in mind. On LikeCoin, each creative content has a unique digital identification characteristic (fingerprint) which sets it apart from other creative contents. Also, each creative content is distributed  under some licence that defines the extent of its use by consumers.

**2. Content Creators:** People who produce creative content are called content creators.
**3. Service Provider:** Any content sharing platform or application that integrates the LikeCoin reinvented button or its attribution protocol is called a Service Provider
**4. Derivative work:** One can produce a new creative content by adopting a creative content made by oneself or third party on a the same or different Service Provider.
**5. Content Adopter:** A content creator who produces a derivative work is called Content Adopter. A service provider on which a derivative work was produced is also called Content Adopter.
**6. Content Source** The original creative content from which a derivative work is produced is called the content Source.

These are some of the elements that perform different functions on the LikeCoin platform. Several other stakeholders exist on the framework. Their functionalities would be explained in context. However, the following section will examine the main  components of LikeCoin and how each perform a crucial role in the entire ecosystem.

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>The Main Components of [LikeCoin](https://like.co) Platform</center>

Here are the main components that make [LikeCoin](https://like.co) truly unique with a potential to become the best content reward scheme on the globe.

### <center>1. Defining Creativity Using [LikeCoin](https://like.co) Mining Algorithm</center>
Many Crypto enthusiasts are familiar with mining schemes such as Ethereum's Proof of Work (PoW) mining algorithm. [LikeCoin](https://like.co) has chosen a unique mining algorithm known as Proof of Creativity (PoC). This PoC mining algorithm utilizes an important entity called LikeRank to quantify creative contents. Just like the Google PageRank which sorts or ranks web pages according to importance, LikeRank defines the value or creativity of creative contents. The LikeRank of the most creative content would be higher than that of a less creative content. A creative content with many "Likes" is defined as being more creative than one with fewer likes. If a creative content is the content source of many derivative works, then its LikeRank will be higher than others.

From the above definitions, it follows that PoC algorithm - using LikeRank -  promotes free licence creative contents since it will be easier to produce lots of derivative works from such contents than from full copyrighted creative contents. Hence, content creators receive more incentives when they licence their work for free use. Whereas, their creative contents receive low LikeRanks if they are not allowed for more derivative works to be based on them.

[LikeCoin](https://like.co) also utilizes attribution protocol to follow creative contents to their source. Hence, content creators that produced derivative works must use the attribution protocol to indicate content source. In this way, the creators earns a LikeRank bonus for the derivative work. Improper or lack of attribution for any derivative works will mean no bonus for the content creator. The attribution protocol will be discussed in depth as this article progresses.

<center>![](https://cdn.steemitimages.com/DQmehqCMJ9zRH8veSVA4WuwBpfiXJLTeJYvsxUYkDCoBAHC/image.png)</center>

Using the PoC and LikeRank, [LikeCoin](https://like.co) produces a content reward algorithm that distributes fair rewards to content creators in a secure and transparent blockchain ecosystem. There are however other features that make [LikeCoin](https://like.co) stand tall and above shoulders of other content reward system. Take a better look at the atrribution protocol.

### <center>2. Promoting free content use through [LikeCoin](https://like.co) Attribution Protocol.</center>

The attribution protocol lets content creators earn from their work when other creators produce derivative work from their creative content. Using a digital identification or fingerprint, all content sources can be identified and rewarded. 

[LikeCoin](https://like.co) runs a content library on IPFS, a distributed peer-to-peer protocol for the storage and transfer of hypermedia. The IPFS provides a distributed content storage and transfer mechanism for the service providers. Each service provider maintains and takes care of their nodes on IPFS and ensures the security and availability of creative content files. To kick--start this project, [LikeCoin](https://like.co) foundation established two service providers that will run various decentralized applications on the blockchain. They are Puttyimages which will run a Dapp for stock images and blogchain.md which will create a blogging decentralized application. 

Each file stored on the node has a unique fingerprint which is a cryptographic hash, independent of the application where it was launched. This ensures that each creative content can be traced using a unique address, even if the launching application platform is changed. Hence, creative contents on [LikeCoin](https://like.co) can never be frozen by any application, making them secure, lock-proof and future oriented.

To increase blockchain scalability,  [LikeCoin](https://like.co) does not store all the files on-chain. In addition to the fingerprint, [LikeCoin](https://like.co) also uses Inter-Planetary Linked Data (IPLD) services, to store a metadata hash of files stored on IPFS. This happens each time a fingerprint is created for any content.  [LikeCoin](https://like.co) then creates a smart contract which writes the metadata Hash, the fingerprint and the service provider private keys on the Ethereum network. This not only makes the blockchain faster, but also ensures efficiency of the entire system.

### <center>3. Creating economic value from a reinvented Like Button</center>

<center>![](https://cdn.steemitimages.com/DQmZ49X9cAEjMcy8JpMVVP74BhKKHDTWSwDWJuA7J9M2nGi/image.png)</center>

Most social media platforms use the Like button to let the content viewer express their feeling about the content. If a content creator produces very interesting articles, he gets several likes from people who appreciated the material. Sometimes, these articles are incorporated into other projects because of how useful they are. At the very most, the content creator is cited or quoted. Unfortunately, the content creator receives only likes or references that never translates to any economic value. 

 [LikeCoin](https://like.co) has redesigned the Like button and attached economic value to it. This will give content consumers the opportunity to directly reward content creators for their effort.  [LikeCoin](https://like.co)'s Like button not only allows the viewer to appreciate a creative content, but also lets them indicate their level of appreciation. Just as the image above shows, the redesigned like button can be pressed up to five times, with each click indicating the viewer's level of appreciation starting from 1. The viewer can click the "Super Like" button directly to "pay" the content creator from their  [LikeCoin](https://like.co) wallet. 

 [LikeCoin](https://like.co) will completely transform how reward and creativity are handled in content sharing systems. with the reinvented Like button, creativity will be duly rewarded and this will motivate freelancers to produce superb content. With more devices becoming smarter and interconnected, LikeCoin is set to sustain a universal Internet of Value.

### <center>4. Enhancing reward Transparency through like.co</center>

[LikeCoin](https://like.co) wants to  promote and even enhance blockchain transparency by setting up a web interface that displays mining activity on its blockchain. That interface is like.co. Users as well as the public should be able to see how much mining is done on the platform and token distribution by visiting like.co. Social media content of [LikeCoin](https://like.co) users are displayed with corresponding information regarding their activity. Users can also send and receice LikeCoin through a unique  LikeCoin ID. Other important details on like.co includes the following:

>1. How much LikeCoin was minted the day before, and historically since day 1.
>2. How many contents received LikeCoin, and the average.
>3. What content receive what amount of LikeCoin.
>4. The latest PoC difficulty.

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>Overview of LikeCoin Technology Components</center>

![](https://cdn.steemitimages.com/DQmfGX9G2PAf8jUayhU7ZHmyavxnZQxAaGozSHGUPyywx8J/image.png)
 
![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>The Token (LIKE)</center>
The LikeCoin Token is an Ethereum ERC-20 compliant utility token. It will be used to provide economic value to adopters of the LikeCoin project. Content creators would be rewarded with this coin.

### <center>Token Distribution</center>
LikeCoin Token (LIKE) has a market capitalization of 2 billion. The volume will be distributed in 4 ways as follows: **token sale** (600 million), **ecosystem development** (200 million), **team** (200 million) and **creators** (1 billion). From the total volume of 2 billion, 800 million tokens was created in 2018, the remaining volume will be gradually minted over a period of 10 years (up to 2028). The chart below illustrates token distribution:

<center>![](https://cdn.steemitimages.com/DQmPD7ApmbJiEoCuC5tBN8byn6W9GuwTQaukXRLpDgLtkv6/image.png)</center>

### <center>Token Sale</center>

 The Token sale began in the 4th quater of 2017, with a total volume of 600 million. This volume has been sold in 4 stages as the table below indicates:

<center>![](https://cdn.steemitimages.com/DQmUGhdafsf1KAGBdAY7stpXGmQDxue2pdTRgRaDXfdw6Re/image.png)</center>

![](https://cdn.steemitimages.com/DQmUciGEZ9ZxBpzQ1xvNyrkq5d2wYLXREytPyYarVpmhQxi/image.png)

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center> LikeCoin and other Content Reward Systems - a personal opinion</center>
Though it is a difficult to directly compare various content reward systems, the analysis below represents the opinion of the author who seeks to highlight the uniqueness of each system, especially LikeCoin.

**LikeCoin Versus Steemit:** Steemit and LikeCoin share the same vision of an efficient and transparent content reward system built on a blockchain, but each took a unique, different path. Steemit has done a great job in trying to change the landscape of content rewards systems. Being a blockchain project, it is secure, transparent and uses the crowd to curate and reward creativity. The extent of Steemit success over a short period of time is a testament to its uniqueness. However, LikeCoin took a completely different Path in its quest to build a content rewards system. The following are probably some advantages of LikeCoin over other reward systems:

**1. LikeCoin wants to reinvent the wheel not Replace it:** This is a unique aspect of LikeCoin. Nobody wants to replace the wheel, just modify it. LikeCoin wants to modify an already existing feature of social media platforms - the Like button. This can be seen as a huge collaboration work between LikeCoin and other content sharing platforms. The fact the WordPress accepted this project and partnered with it shows that it is a possibility that other platforms will buy the idea. Medium is another content sharing platform on which LikeCoin is implemented. Maybe in the nearest future, other centralized content-sharing platforms could join this unique project to reward creativity. Considering the huge difficulties like scalability, that blockchain technology is yet to overcome, it may take some time before it completely replaces traditional financial and content sharing platforms - if it ever will. This could likely be the reason why LikeCoin Foundation decided to collaborate with these established systems and enhance how they operate using blockchain technology.

**2. Built on time-tested Framework:** Another advantage of LikeCoin is that it is built on the Ethereum blockchain. The ERC-20 protocol offers a standardized way of integrating other currencies. Coins launched under this protocol have certain advantages over other projects. For example, a coin that is ERC-20 protocol compliant does not suffer interoperability issues with other coins using the same protocol. They share the same names and functions. Hence, LikeCoin has this as an advantage over other projects that are not built on the Ethereum blockchain.

There could be other reasons why LikeCoin is such a unique blockchain project. It has a wider application since it is a cross platform collaboration project. Its easy integration also means that content sharing systems that want to adopt the technology do not need to alter a single line of code on their platform. Easy integration will appeal to these well-established systems who are largely aware of the cost of implementing a whole new project on their system.

The above are some reasons that made the author think that LikeCoin has advantages over other content reward systems. The issue is open to further discussions. The above assertions does not represent the general view on LikeCoin. 

# <center>I will be glad to know what you think about LikeCoin</center>

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center> On which social Media platforms is LikeCoin Implemented on?</center>

For the meantime, LikeCoin is implemented on 3 platforms. They are:

1. Medium.
2. Oice.
3. Wordpress.

So if you are already on Medium, or you run a Wordpress blog, you are set to start earning more from your creative contents.

**Note:** Lots of questions are answered on the FAQ. Click this link to access them: https://help.like.co/likecoin-faq

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center> Conclusion</center>
People create value everyday without being rewarded. While their creative content add some value to the life or activities of the target audience, the "Likes" they generate from such content never translate to any form of financial reward. With more and more IOT devices being added to the digital space, creative content should attract some form of value for content producers.
 With a reinvented Like button, [LikeCoin](https://like.co) will transform "Likes" to some form of quantifiable economic value. Content consumers are able to directly reward content producers to sustain a steady flow of creativity in the digital economy. Being a blockchain project,  [LikeCoin](https://like.co) will ensure a fair, secure and transparent rewards framework, where digital value flows, and creativity is rewarded accordingly.

# FOR US ALREADY ON STEEMIT, THIS IS A GREAT OPPORTUNITY TO EARN EXTRA INCOME FROM THE CONTENT YOU ALREADY PUBLISH ON HERE. YOU CAN PUBLISH SAME ON MEDIUM EARN LIKE.

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center> How to start up on Like.co</center>

## 1. Click this link to create an account: https://like.co/ref/focusnow (You will get 8 LIKE for signing up through the link)
## 2. Confirm your email to get another 8 LIKE
## 3. Follow LikeCoin on Twitter and retweet their article to earn another 8 LIKE
## 4. Post your articles on Medium or a Wordpress Blog to earn LIKE from clicks on your articles.


<center>**IT JUST GETS BETTER FROM THERE!**</center>

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>Disclaimer: This is a sponsored review</center>
I received some steem from LikeCoin to write this review and used it as follows:

1. I promoted this post with part of it.
2. I used the rest to set up a bounty to reward you for your creative comment.

With an open mind, we want to look at each project and see how it promotes blockchain technology and contribute to a future of decentralized, fair and transparent financial economy. I support and promote anything blockchain and I feel good doing it.

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>Click the Image to see LikeCoin on:</center>
<center>[![](https://cdn.steemitimages.com/DQmSuVf5gNQb79uG6xBC77DSJDTMfLraJk6PYaGx4eNsiQ5/image.png)](https://etherscan.io/token/0x02F61Fd266DA6E8B102D4121f5CE7b992640CF98) [![](https://cdn.steemitimages.com/DQmRGRLegA6uZFMaLCV9285dBgXQ27r4h8EA9WPPiWQMrwB/image.png)](https://coinmarketcap.com/currencies/likecoin/)  [![](https://cdn.steemitimages.com/DQmS2z2XuDgLeLAGUHMLXNp6UqL2iXxR8kvMQuMNmc39mko/image.png)](https://www.coingecko.com/en/coins/likecoin)  [![](https://cdn.steemitimages.com/DQmZdJW6AiXAFP6qh5Ut5Ddpnf9Gvn5KXamJdTES8SGKFCf/image.png)](https://www.feixiaohao.com/currencies/likecoin/)
</center>

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>Click the Image to Buy LikeCoin on::</center>

<center> [![](https://cdn.steemitimages.com/DQmP24wSgtwiwviM5LTH8aLKAJ2FubZ1xkGbQirCgdRoVGf/image.png)](https://app.liquid.com/exchange/LIKEETH)  [![](https://cdn.steemitimages.com/DQmXA63dH7VJqq9WyAWsLkEFbm4ryorzyXrKwPqDtdFoveq/image.png)](https://idex.market/eth/like)</center>

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>Roadmap</center>

![](https://cdn.steemitimages.com/DQma3a9EdzWnU2cQifJaq1rAymABYssS9EYchqCa1876EAL/image.png)

> 2017 Q1-Q3: brainstorming, R&D: the team developed oice, a visual novel editor which is the origin of LikeCoin. In oice, a director remixes art and music assets provided by other content creators to make interactive stories, next to which detailed credits are shown automatically. Other than credit, the team believes each content creator involved should receive a share when the story receives income. Lots of technologies and tools were evaluated but none could meet the requirements, until we finally landed on cryptocurrency. We then generalize the idea to serve broader use cases and LikeCoin protocol was born.

> 2017 Q4: Early Believer Sale: with a series of articles explaining the concept and design of LikeCoin protocol and proof of concept deployed to Rinkeby testnet, Early Believer private sale of LikeCoin token were done. 1,200ETH were raised for development of the   protocol and marketing.

> 2018 Q1: LikeCoin Token, Like.co and ID launched: LikeCoin main smart contract deployed to mainnet for production. LikeCoin ID registration opened to public. LikeCoin token peer-to-peer transfer made possible on Like.co.

> 2018 Q2: prototype of puttyimages: kickoff development of puttyimages and blogchain.md DApps with prototype deployed to test net. Simulated proof of creativity mining on oice. LikeCoin peer-to-peer payment features provided for content creators on early adopter websites. Public sale of LikeCoin token.

> 2018 Q3: launch of puttyimages: puttyimages DApps to launch on mainnet, with content creators beginning to upload creative contents.

> 2018 Q4: Like button launch: Like button SDK available for early adopters. puttyimages to launch internationally in more languages. Proof of creativity mining starts at a small scale.

> 2019: blogchain.md and LikeCoin ecosystem scale up: development and launch of blogchain.md DApps. Like button WordPress plugin and other SDKs available for public. oice backend to merge with LikeCoin protocol.

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>The Team</center>

![the team.jpg](https://cdn.steemitimages.com/DQmPFmfuiEQGnjoaTasFmE861pbAMojPqWqNrC8zgarnfue/the%20team.jpg)

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>Advisors</center>

![advisors like.jpg](https://cdn.steemitimages.com/DQmc9d9Wwx3UXri5Z78Xt7zapEx3oPeniUshQJ5HCAcpGwN/advisors%20like.jpg)

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>Early Supporters</center>

![](https://cdn.steemitimages.com/DQmTpJtmHScNH6TBLALanwtQX7Dpms37ryXeU1xq39k28hY/image.png)

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>Early Adopters</center>

![](https://cdn.steemitimages.com/DQmf5LW14PR5gyfHxUu8ojBv8aH4BEMECZRS9iRm2T8yHxP/image.png)

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)
# <center>For more Information</center>
<center>[LikeCoin Website](https://like.co)
[LikeCoin Whitepaper](https://like.co/in/likecoin-whitepaper-en.pdf)
[LikeCoin OnePager](https://like.co/in/likecoin-onepager-en.pdf)
[LikeCoin Telegram](https://t.me/likecoin)
[LikeCoin Medium](https://medium.com/likecoin)
[LikeCoin Github](https://github.com/likecoin/)
[LikeCoin Twitter](https://twitter.com/likecoin_fdn)
[LikeCoin Youtube](https://www.youtube.com/c/LikeCoin)
[LikeCoin Facebook](https://www.facebook.com/likecoin.foundation)

</center>

![divider.jpg](https://cdn.steemitimages.com/DQmSKiDVSg59CumTpnqMrFbhP4cRZm8fSrrk2jtiYJauMmX/divider.jpg)

# <center>Watch this Introductory Video</center>

https://vimeo.com/263833566
</div>
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vote details (84)
@steem-bounty ·
$3.31
Buonty added
@focusnow has set 20.000 STEEM bounty on this post!
 ![logo_for-light-bg_1000.png](https://steemitimages.com/DQmdYbGNQCwrAsveg9Yv5YeRqCCzjCYhoavinDwYLqPN9mu/logo_for-light-bg_1000.png)   <br>


Bounties are  a new way you can earn rewards irrespective of you Steem Power.  Go [here](https://steemit.com/steem-bounty/@rjoshicool/how-to-use-steem-bounty-one-of-the-most-popular-dapp-on-steem-blockchain) to learn how bounties work.

Earn the bounty by commenting what you think the bounty creator wants to know from you.

[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.

Happy Rewards Hunting!
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (31)
@steem-bounty ·
Bounty Payout
Congratulations to the following winner(s) of the bounty!
- @oclinton has earned 0.716 STEEM. 0.588 STEEM from the creator of the bounty and 0.128 STEEM from the community! 
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- @mimismartypants has earned 0.69 STEEM. 0.588 STEEM from the creator of the bounty and 0.102 STEEM from the community! 
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- @murathe has earned 0.667 STEEM. 0.588 STEEM from the creator of the bounty and 0.079 STEEM from the community! 
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- @smartlad has earned 0.593 STEEM. 0.588 STEEM from the creator of the bounty and 0.005 STEEM from the community! 
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- @n1hal has earned 0.591 STEEM. 0.588 STEEM from the creator of the bounty and 0.003 STEEM from the community! 
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- @donald.porter has earned 0.59 STEEM. 0.588 STEEM from the creator of the bounty and 0.002 STEEM from the community! 
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- @iamthegray has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @oivas has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @junjiogu has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @chibure has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @chekohler has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @cadencenwisdom has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @prince121 has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @maxi01 has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @romeliagarcia has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @brammdal has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @diogosantos has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @jadams2k18 has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @vimukthi has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @solcross has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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- @dedicatedguy has earned 0.588 STEEM. 0.588 STEEM from the creator of the bounty! 
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@amfavour ·
LikeCoin seems an interesting project. The fact that it wants to work with existing systems make it truly unique, in addition to being a blockchain project. I will sign up and see how I can leverage my Medium followers to earn more from my contents. Nice review @focusnow
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@donald.porter · (edited)
@focusnow LikeCoin is a great project, since $LIKE is an erc20 token, how soon do you think the mainnet will go live?
πŸ‘  ,
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vote details (2)
@focusnow · (edited)
Here is a quote from the Roadmap: 
> 2018 Q1: LikeCoin Token, Like.co and ID launched: LikeCoin main smart contract
deployed to mainnet for production. LikeCoin ID registration opened to public. LikeCoin
token peer-to-peer transfer made possible on Like.co.

So friend, this thing is LIVE!
Kindly use this link to sign up if you wish thanks: https://like.co/ref/focusnow
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@edmond.kcyu ·
You can find the live price at Liquid.com, an exchange registered in Japan.
https://app.liquid.com/exchange/LIKEETH
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@iamthegray ·
This is awesome! I'm signing up now. I wish I knew when the public sale was going on. I would have participated 

Thanks for sharing 

Blessings
πŸ‘  
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vote details (1)
@focusnow ·
Thanks friend @iamthegray. Its a great project. If you sign up using https://like.co/ref/focusnow, you will get 8 LIKE and I get 8 LIKE too.
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@iamthegray ·
I'm trying to sign up. It says I need a trust wallet. I have so many apps on my phone already. I'm not sure I can take on another.
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@oivas ·
Hey @focusnow,

That sounds like an interesting and exciting solution. Think about creating content and getting rewarded too. Not just verbal or written response but actually money. Very very exciting.

I wasn't aware of the project but now as I went to their site, they are already LIVE. Amazing! This is no to-be-launched platform but is already there. Kudos to the concept and the people behind it.

I joined Medium just a couple of weeks back, so I can actually post there and get Likes which pays me money? I have to check that out.

Thanks for writing about LikeCoin and bringing to our notice!! As always, a great review!!!
πŸ‘  
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@focusnow ·
Thanks for loving the project @oivas. This is amazing. They are live and we have to make more from our creative content. Remember to use my link to sign up and do tell your friends about LikeCoin. Thanks
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@oivas ·
Sure. Will do @focusnow! :)
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@edmond.kcyu ·
> I joined Medium just a couple of weeks back, so I can actually post there and get Likes which pays me money? I have to check that out.

There is an on-going campaign releasing 60,000 LikeCoin per day for content creators.  Check it out here: https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8

and the way to add your own LikeButton on Medium:
https://help.like.co/likecoin-faq/product/how-to-enable-likebutton-in-your-medium-article
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@junjiogu ·
This project sounds really exciting. The best part is that it is Live and not some of the proposed projects we know that never materialized. Thans @focusnow. I am signing up without delay.
πŸ‘  
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@focusnow ·
You are welcome @junjiogu, feel free to sign up and join LikeCoin. Its really rewarding content creators more!
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@chibure ·
Waooh. When we thought we had known it all, more blockchain projects continue to pop up here and there. I've never heard of LikeCoin before, but this comprehensive reviews tends to suggest that this is too good to miss. Thanks @focusnow for discovering it. Am signing up with your links. Great project.
πŸ‘  
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@focusnow ·
Really too good to miss. Sign up using this link:  https://like.co/ref/focusnow. Feel free to ask any questions if something is not clear. Remember, if you are signing up with your mobile device, you will need to install Trust App. If you using your laptop, you need to install Metamask, a Chrome extension for Ether Wallet.
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@chekohler ·
I have a WordPress blog and I've been syndicating content on medium for some time now. I've monetized my content with adsense but it really hasn't done much and i've added a donation button but that hasn't done anything.

If like coin can make it easier for independant content creators to raise funds for their efforts then i'm all for it.
πŸ‘  
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@focusnow ·
Like you, I ran a wordpress blog with little earnings from Adsense. I eventually allowed my site to go offline(itechdis.com) To make it with Adsense, you need tons of traffic. 
LikeCoin is truly unique. Its a blockchain solution, Its live and it works with Wordpress and Medium. Sign up through this link:  https://like.co/ref/focusnow. If you have any questions, ask. Remember to check the FAQ here:  https://help.like.co/likecoin-faq
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@chekohler ·
yes you need loads of traffic which isn't really the problem, its just managing the ads thats the real issue and getting more networks on board to compete for your impressions which not many bloggers do

I checked out the intergration now. I'm not really sure this offsite redirect is a great user experience this should all be done via an API call to make it seamless for the user.
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@cadencenwisdom ·
Great to read this. Lots of content creators would love to earn more from their hard work. While no system is perfect, I hope to utilize this project and increase my earning potentials on content sharing sites.
πŸ‘  
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@focusnow ·
Right on point my friend, LikeCoin is set to become the next big thing in content monitization. Sign up and start making more from your creativity.
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@crypto.hype ·
Never stumble upon this project, but I definitely like the sound of it! A Big fan of social media based token, so I'll will do my homework regarding this project. I can't help but smile, hoping there are more projects like Steemit out there. Would like to see more competition in the space, keep me updated on Likecoin
πŸ‘  
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@focusnow ·
Thanks friend @crypto.hype. It is an innovative blockchain solution to reward creativity. One of very few that has launched on the Mainnet. Its working and listed on exchanges. I'll keep you posted on this.
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@smartlad ·
This is truly an innovating idea,introducing cryptocurrency to social media,giving incentives to content creators.i joined this platform the second I heard of it and I can assure you guys that this going to be the next big thing.so you all should sign up.have fun
πŸ‘  , ,
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@focusnow ·
Thanks friend for being the first person that heard it from me and signed up immediately. Enjoy earning morr from your content
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@oclinton ·
$0.03
Hello @focusnow i have registered using your link.
πŸ‘  , ,
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@focusnow ·
Thanks @oclinton. If you have not done so, please verify your mail, follow LikeCoin on twitter and tell your friends to sign up using your own link to receive more bonuses. Then you can start posting your articles on Medium to earn LIKE. If you need further assistance, feel free to let me know.
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@oclinton ·
Thanks. I have confirm my email.
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@joseph60 ·
I read through this article @focusnow and you were convincing enough in explaining various features of this project. It looks so exciting.  I'll sign up and perhaps, buy some LIKE tokens. Thanks for the information.
πŸ‘  
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@focusnow ·
Am glad you love the project. I will be glad to help you get started. First, sign up using the link I posted in the article. Then, I can tell you other things you should do to earn more LIKE.
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@n1hal ·
So the LikeCoin is very much like the steemit platform but the payout is in LikeCoin erc20 tokens. Proof of creativity is gaining popularity and will one day be the future storehouse of knowledge and info. Great to hear about the new platform and quite interested as well. Maybe I shall join tomorrow.
πŸ‘  , ,
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@focusnow ·
Yes, really proof of creativity is taking over the social media concept.  LikeCoin is unique in many ways. The most interesting part for me is that the project is Live and a large portion of the roadmap has well been executed. The fact that Wordpress and MEdium has already adopted the idea speaks volumes. Remember to sign up throug my link:  https://like.co/ref/focusnow. You'll get 8 LIKE bonus for that. Verify your email and another 8 LIKE drops. It gets better from there.
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@prince121 ·
Great idea...!!
Hope this crypto idea will become effective...
πŸ‘  
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@focusnow ·
My friend @prince121, its no longer on the idea stage. LikeCoin is not similar to one of those blockchain project that will be implemented in the future. It is already deep into its roadmap. You can see its already listed in many exchanges. its working now. Sign up, write articles and post on Medium or Wordpress. Probably buy some coins. You are good to go
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@maxi01 ·
After watching likecoin idea , i thought its great...
Sign up complete
πŸ‘  
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@focusnow ·
Thanks for signing up. Its a great idea. Its working I can tell you that @maxi01
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@murathe ·
$0.02
The tales of addicts is coming to an end. Soon they'll be called investors. 

Apart from the likes, does views count. Thanks.
πŸ‘  ,
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@focusnow ·
The views probably do not count for now. But that would be a nice suggestion we caould pass on to the team. Be sure to sign up first @murathe
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@romeliagarcia ·
Definitely, the world is flying and the cryptocurrencies are not far behind.

Thanks friend. I already registered thanks to your link. Greetings.
πŸ‘  
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@focusnow ·
Greetings too. And thanks for signing up. When I saw this project, I literarily jumped up. For example, Medium has not listed my Country as one to receive payment from. With LikeCoin, I am no longer bothered. Plus many other reasons.
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@sweetkathy ·
Interesting project 😍
πŸ‘  
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@focusnow ·
Click this link to sign up:  https://like.co/ref/focusnow. And there is currently a campaign by LikeCoin founders giving out 60,000 LikeCoin per day to content creators. Check it out here: https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8
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@kennyblaq ·
LikeCoin is an interesting project. Its bad I didnt know about it during the token sale. Thanks @focusnow for sharing this information. I will sign up through your link.
πŸ‘  
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@focusnow ·
Welcome to sign up through my link. You can also check out this campaign that is paying out 60,000 LIKE each day to content creators: 
https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by focusnow from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>
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@focusnow ·
Thanks so much. You can check out LikeCoin, sign up and earn more from creative content. LikeCoin is currently giving out 60,000 like everyday. Here is the details: 
https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8
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@riya12 ·
Sign up complete...
sounds is well
πŸ‘  
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@focusnow ·
Great to read that @riya12. Hope your verified your mail. Check out the 60000 LIKE they are giving out daily. See the link in the comments i made earlier. Thanks.
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@angelina01 ·
Great team and think , it will a great chain based project..
Signed up..
πŸ‘  
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@focusnow ·
You have made the right choice. Take advantage of the free 60000 LIKE they are giving out. I posted a link in comments I made above. Congrats.
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@brammdal ·
Great post about over Likecoin.
I will sing up for it and take a closer look. Seems very interesting :)
πŸ‘  
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@focusnow ·
Its really a great opportunity to earn more from your creativity. Do check out the link I posted on other comments for the 60,000 LIKE the foundation is giving out everyday.
πŸ‘  
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@diogosantos ·
I can not believe the timing of this post and of this coin!
Specially now with the situation of Youtube censoring the majority of channels, completely abandoning content creators and only caring about sponsors. Besides that, we all know that the big monopolized social media are coming to an end, and the real question is when will they adapt and how can we (crypto investors) help new projects surpass them, promoting better ideas.

We need more project "like" this one, and I will be supporting you, not only because I really like the idea, but also because the team seems to be incredibly skilled.
πŸ‘  
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@focusnow ·
Thanks my friend. We really need to put hands together to stop the domination by centralized social media by promoting blockchain alternatives. LikeCoin is a big shot. Be sure to take advantage of the 60,000 LIKE they are giving out everyday. Here is the link: 
https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8
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@jadams2k18 ·
Hi! Mr. @focusnow. Excellent review. LikeCoin will give us the opportunity to be rewarded in multiple social network and blogs. I already signed up.  I will add LikeCoin button on my posts on Medium. Thanks for letting me know about this new system. https://i.imgur.com/iqZBAh1.png
πŸ‘  
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@focusnow ·
Thanks too friend @jadams2k18. More opportunities for us content producers to get rewarded. LikeCOin is giving out 60,000 LIKE each day. In your spare time, do check out this article for details: https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8
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@jadams2k18 ·
Thanks man https://i.imgur.com/QLqueX3.png
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@whitestallion ·
the like platform is truly a stunning one.very creative,i will sign up Soon as possible
πŸ‘  ,
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vote details (2)
@n1hal1 ·
Really nice concept. I am not getting to conversion rate of 1 LIKE to LikeCoin and same on steemit. How do they define price of curation??
πŸ‘  ,
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@focusnow ·
1 Click could be equal to 1, 2, 3, 4, 5 LIKE depending on the level selected by the viewer. Check the image ![](https://cdn.steemitimages.com/DQmZ49X9cAEjMcy8JpMVVP74BhKKHDTWSwDWJuA7J9M2nGi/image.png)
In the coin market, 1 LIKE = 0.0023 USD.
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@n1hal1 ·
Thanks I am really new to this place.
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@mimismartypants ·
$0.03
what an innovative idea! since i joined steemit i don't see the point of likes on other social platforms. forget rewarding my ego! i'd rather you reward my wallet! and LikeCoin does exactly that!
πŸ‘  ,
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@focusnow ·
Exactly friend @mimismartypants. Creativity is financially rewarded on LikeCoin much like steemit. Sign up quickly if you have not done so. By the way, whats the inspiration behind your username
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@mimismartypants ·
I definitely will!! In the morning!! Im ready to hit the sack now!!

Lol I suppose my username is a little me and a little tongue in cheek. Bit of an anonymous persona I have built myself here. Mimi's the name, being a little smarty pant is the game! 

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@vimukthi ·
It'd b great if the project could be migrated to STEEM as an SMT. After all Ethereum is a slow network that is almost always congested while STEEM is barely using its full capacity. Just check out http://www.blocktivity.info

Good Luck!.
πŸ‘  
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@edmond.kcyu ·
LikeCoin team is implementing a side-chain to improve the token's efficiency.  The infrastructure is called LikeChain.  Check out the introduction here:
https://medium.com/likecoin/introduction-to-likechain-731e388b0079
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@solcross ·
Sounds like an excellent project. This should not be a difficult concept for steemit users to grasp. The more solutions, the merrier. I also like the medium and WordPress blog angle. I'll definitely check it out. Great job
πŸ‘  
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@focusnow ·
Thanks friend @solcross. Am already earning more from my creative content, everyone should! Sign up and check out this article about the 60,000 LIKE they are giving out everyday:
https://medium.com/likecoin/reinventing-the-like-beta-4-campaign-readers-get-bonus-by-their-likes-too-cbd808518fd8
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@solcross ·
Thanks mate. Would signup in a bit with your link. 
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@dmilliz ·
Glad to see they already teamed up with WordPress and medium because that is where many of the non cryptoist are posting content and not earning. It could be a great way to bring them into the crypto world. It will be interesting  to see how this projects goes up against SMTs . It seems like that’s where the idea came from. Interesting times ahead !
πŸ‘  
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@focusnow ·
Its just getting better by the day! With more blockchain solutions rewarding creativity, we are set to challenge the monopoly of taday's social media giants. Sign up quickly @dmilliz and start earning more from your creativity.
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@flash07 ·
Looks interesting & promising project my friend @focusnow. More than project I am impressed with your writing - you explained everything very well. There is no doubt that you have done through research of this coin.Great job. I will check and use platform for sure (with your referral link obviously :) )..
πŸ‘  
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@focusnow ·
Thanks friend @flash07. Its really an interesting program. I appreciate your time and commendations.
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@wilebarrios ·
Thank you! Registered
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@focusnow ·
Ok
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@kimabg ·
It is a promising project. To register: D
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@focusnow ·
Exactly
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@adolfogarcia ·
Registered thanks to you
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@focusnow ·
Nice.
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@fknmayhem ·
Like coin is an interesting concept and one I've been watching for a while. While their reliance on Metamask can be a burden for those who live in the mobile only era (I haven't tested if the plguin can be activated via the Trust browser on WordPress sites), their distribution of tokens may result in the "clicking is an easy and rather free" culture. Something Flatt and BAT token haven't yet cracked.

The integration with Medium is noteworthy as well, although I would love to see regular reports about how successful their integration is tho. 

It could all end up as yet another button/widget but it's a great attempt at changing the current culture.
πŸ‘  
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vote details (1)
@focusnow · (edited)
Its an interesting project. We have to keep our fingers crossed and see how it develops. The most important thing is that LikeCoin is Live, so its easier to track its progress unlike other projects whose Roadmap runs into  2022 and all that.
Offcourse, mobile users can install the Trust App for the activation
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@bahadd12 ·
Very good
πŸ‘  
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vote details (1)
@dedicatedguy ·
Excellent article! This looks like a very innovative alternative to reward people for the creation of content! I really hope this project can end up having success in the long term!

Cheers mate and thanks for letting me know about this!
πŸ‘  
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@focusnow ·
I appreciate your time, LikeCoin looks promising. We will keep an eye on it and see how it progresses.
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@crypto-wisdom ·
This project has got great potential my friend and the only thing I want to know that when they will be switching to mainnet.

Second question is that is there any limit to the circulating coin or it is open and inflation based.

If there is fixed number number of coins then how will they manage when more people will join and it will be required to pay them LIKE coins?
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@focusnow ·
It is already on Mainnet. You can find the live price at Liquid.com, an exchange registered in Japan.
https://app.liquid.com/exchange/LIKEETH

On the second question, check out this image:

![](https://cdn.steemitimages.com/DQmPD7ApmbJiEoCuC5tBN8byn6W9GuwTQaukXRLpDgLtkv6/image.png)

Up to 2 billion tokens can be mined from now to 10 years. At Launch its 800 million. So no running out of coins my friend @crypto-wisdom. Thanks from coming around. Sign up if you can - quickly!
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@apiprincz ·
Looks like another interesting project on its way.
Good job @focusnow for bringing this update 
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@focusnow ·
Thanks friend. Its really exciting.
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