LoveBlock
LoveBlock will create a new dating and connecting ecosystem based on blockchain which will not only enables users to experience a more satisfying feeling about their matches but also will introduce a new verification and security system with which scammers can be exposed and recorded with their linked data permanently.
PROS
- With LoveBlock, fraud will easily be identified via its unique verification system (biometric ID, facial recognition, etc.). The information will be saved and encrypted on the LoveBlock blockchain allowing the data to be shared with other DApps.
- With the help of Blockchain technology, all relevant parties can be cryptographically linked to their verified identity. Not only does this allow users to truly own their online identity, rather than a corporation and it will lead to more confidence and trust within the entire community.
- Successful matchmaking will be ensured via the creation of the app "Dating Circles" that bring like-minded people together and will work on a reward system to incentivize respectful behavior and interaction.
- LoveBlock gets great insight and experience from partnering with Luxy — the ultimate matchmaking app. By securing Luxy’s 2 million plus users, LoveBlock can put its state-of-the-art security system into action on a large scale. Furthermore, by proving its security efficiency with Luxy, LoveBlock can begin to grow and branch out to other dating platforms.
- The white paper is written in a simple language that is easy to understand. It contains information about the professional team, advisors and the roadmap of the project. The white paper presents LoveBlock concept in a clear and logical way.
CONS
- The LoveBlock DDD Token is based on the platform set by Ethereum. Although, it is the most popular token nowadays, Ethereum may suffer from time to time from "Distributed Denial of Service" cyber-attacks, which will negatively impact, stagnate, or paralyze the DDD token system.
- Both LoveBlock and DDD tokens exist tangibly only in cyberspace and are not registered to a single country.
- LoveBlock is still in the development phase, and does not have the ready-to-release finished product.
- The value of DDD tokens largely depends on the popularity of the LoveBlock platform.
- The LoveBlock Foundation and its co-operating agency and individuals do not make any guarantee or warranties (especially their merchantability and specific functionality) to LoveBlock or DDD tokens.
SUGGESTIONS
- LoveBlock’s technical research shows the viability of these technologies in related fields, but also recognizes that the work of the LoveBlock community has a long way to go.
- During next 2 years LoveBlock is going to pay a key attention to markets in Europe, North America and even China. In order to do this, the project team must solve all the issues related to the legislation and regulations in the above countries.
- Make a test network that can optimize and fix any uprising problems before re-coding the own LoveBlock-Chain.
- Engage professional translators to make the official website and white paper available not only in English but in various languages.
NOTE
- LoveBlock has been steadfast in its mission to create an online dating ecosphere that is committed to security, data-protection, and fraud reduction. With LoveBlock’s state-of-the-art security features in tandem with its implementation of Blockchain, LoveBlock is preparing to be a leader in the online dating security field. This is a new but ambitious project that already has a successful partner. All these features make the project viable and I would invest in it.
