Making LikeCoin

What else can I do to make LikeCoin besides creating?

Create contents

Creators embed LikeCoin button into their works, turn "Like" into actual income and earn LikeCoin.

​Matters is empowered by the LikeCoin button by default, creators can give their Liker ID to Standnews, InMedia, HKCNews for embedding LikeCoin button. It can also be installed to WordPress by the LikeCoin WordPress plugin. LikeCoin button also supports Medium, Vocus, Blogspot ( Blogger.com), Pixnet and other content platforms.

The source of the creators' daily reward consists of two parts:

1. The monthly subscription fee: paid by the Civic Likers who distribute their donation by their claps/"Likes" .

e.g. Veryotaku clapped 500 articles for 500 times, each article received 1 cent (equivalent in LikeCoin ).

2. Creators matching fund: managed by the foundation. The daily amount is adjusted according to the total amount donated by Civic Likers. Both of the likes given by Civic Liker and ordinary likers will be considered as votes for fund distribution.

e.g. There are 1,000 Civic Likers in May, they all subscribed with USD5 and the sum is USD5000, foundation then pay USD5000 extra (will be turned into LikeCoin), this extra part will be distributed in proporation according to the total number of claps/Likes by all Likers.

Refer friends and family

Receive USD5 equivalent LikeCoin bonus upon each successful Cvic Liker referral. Refer 10 fans for USD50 bonus, refer 100 fans for USD500 bonus. The bonus will be credited to your LikeCoin wallet in a few minutes. More referrals, more bonus, no ceiling.

Referral Link: https://liker.land/civic?from=​[Your Liker ID]​

​Refer your friend to download Liker Land mobile app, both of you can earn 100 LikeCoin bonus

Referral Link: https://likerland.app.link/?event=app_referral&referrer=[Your Liker ID]

Bounty

The community constantly needs help on translation, design, promotion, community management, etc.. Complete the mission and receive LikeCoin.

Be a validator

Validator's rewards for recording all transactions is from inflation. currently set up as 1% of the total LikeCoin circulation, which is ten million out of one billion LikeCoin.

The inflation amount will be distributed when a block is created in LikeCoin chain, approximately in every 5-6 seconds

2% of the newly minted LikeCoin from inflation will be treated as "Tax" and reserved for the Community Pool. In other words, 98% of LikeCoin from inflation is for validators and stakeholders. Usage of the Community Pool will be determined accordingly to the community's autonomous mechanisms.

If a block is created on every 6 seconds, the number of new blocks created per year are 365*24*60*10 = 5,256,000, therefore the LikeCoin shared to each validators and stakeholders from each block are:

= 10,000,000 LikeCoin x 98% / 5,256,000

= 1.86 LikeCoin

That means 1.86 LikeCoin is minted every 6 seconds for validators and stakeholders to distribute according to their delegation ratio. Currently the commission rate is 50%, therefore the LikeCoin given to stakeholders every 6 seconds is 1.86/2 = 0.93.

The above calculation based on the assumption of a new block is created every 6 second, but in fact there are deviations in real life. Adding to the 98% from inflation, 98% transaction fee from each transaction will also be distributed to validators and stakeholders according to their delegation ratio.

Buy LikeCoin on Exchanges

​BitAsset supports TWD/LIKE and BTC/LIKE trading pairs. MyEthShop provides HKD/LIKE exchange. Liquid supports BTC/LIKE and USDT/LIKE trading pairs. Those who are interested can buy LikeCoin from them.