Exolover ICO details
Start Date: 2018-5-29
End date: 2018-7-25
- Category: Entertainment
- Token: EXO
- Platform: Ethereum
- Type: ERC20
- Initial price: 1 EXO = 0.085 USD
- Tokens for sale: 700000000
- Accepting: ETH
- Soft cap: 500,000 USD
- Hard cap: 25,000,000 USD
ExoLover – Ecosystem for Global Sexual Interaction on the Blockchain.
The ExoLover Suite of advanced, patented, state of the art sex toy products (ExoTouch, ExoFeel, ExoBeat, ExoThrust, ExoTator, ExoWand, ExoReality & ExoVirtual) realistically imitates user induced sexual activity of varying intensity.
The devices are innovative development that qualitatively imitate both the process of sexual activity including intercourse and the accompanying perceptory, haptics and somatics sensations. Mechanical and electronic equipment (a complex state of the art hardware and software configurations) allows each user the opportunity to individually to set the program and manage sexual intercourse.
A distinctive feature is the opportunity of users to have sexual encounters with virtual partners or remote ones.
Operation of the ExoLover devices on the EXO Platform involves two different types of connections:
– Internal – operation of devices in the internal connection mode “device-platform”. It includes the innovative device, porn video or porn audio stories synchronised with the device via the EXO Platform for personal use and process management by the user or the specified program,
– External – simultaneous operation of the ExoLover devices in external connection mode i.e. “device to platform to device” with remote partners connected to the EXO Platform; which includes that It includes that the innovative devices are synchronously connected via the EXO Platform and process management by one of the users. The number of sexual partners and the choice of sexual devices employed can vary, depending on the sexual preferences of the user group.
Registering on the EXO Platform is simply accomplished by providing the users electronic EXO Wallet address; connecting in this manner ensures the complete anonymity of the user and precludes the interference of third parties in the users private life.
When creating their ExoLover User Profile individuals are free to specify their physical appearance and personal aspects as they choose, creating the person they dream to be.
Each user’s external connection initialises a user reward algorithm inside the EXO Platforms Smart Contract, which allows them to be rewarded with EXO Tokens, this reward system is called “Proof of Connect”.
- When two Exolover users in free search connect with each other (using EXO Tokens) and commence a virtual relationship a Smart Contract is enabled, resulting in the payment EXO Tokens being burnt [retracted from circulation].
- The Smart Contract then triggers a mathematical reward algorithm which determines which of the two users is rewarded.
- The ‘winner’ then receives up to 150% of the EXO Tokens spent to connect as a reward from the User Reward Fund, until it is depleted.
The reward validates that the connection was real, hence “Proof of Connect”.
Besides stimulating new crypto currency users to obtain EXO Tokens; Proof of Connect provides a positive stimulus to early holders of EXO Tokens who can realise a monetary gain of up to 50% on their EXO Token holding whilst at the same time being immersed in a mind blowing sexual encounter at no expense.
The use of visualisation methods is optional and depends only on the participants themselves. Everything depends on the degree of openness of the participants in the process and their goals.
What are Smart Contracts?
A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract once specified conditions are met.
Smart contracts allow the performance of credible transactions without third parties; these transactions are trackable and irreversible and can be be applied to block chains such as Ethereum which the Exolover Platform employs.
Smart contracts and Distributed Ledger Technology (DLT) which provides a platform for smart contract usage are now considered an innovative way of enhancing operational efficiencies and cutting costs by businesses.
Smart Contract Process
Smart Contract can self-verify the conditions that are placed inside of a contract by making use of the data in the contract. When using this technique, payments are released once the contract is finished. Each contract will run on a node in the network in order to control the participants in the contract to guarantee the contract is executed as written. This means that the creators of the contract do not have to worry about proper enforcement or whether the contract will be executed or not.
The process is simple and straightforward:
- Firstly, the Smart Contract is written into the Blockchain as a code.
- The parties involved remain anonymous in the public ledger; however the contact and transaction are recorded.
- A triggering event such as a due date, expiration date, strike price or other conditions is set so that the contract is automatically executed according to the terms written in the code.
- Because the data in the code is visible on the public ledger, regulators are able to monitor activity in the market while the individual parties involved can still protect their privacy.
With self-verifying contracts, there is continuous recording of data in real-time and instant feedback. Ultimately, Smart Contracts give people a level of autonomy, security, speed and ease of use, cost-savings, immutability, accuracy, reliability, and trust that no other third-party can offer.
Smart contracts are flexible because they do not simply set the conditions, but can also execute the terms of the contracts.
Example of Smart Contract use by Exolover
All EXO adult novelty devices will be equipped with electronic chips and can only work when connected to the platform. Protection of adult content from piracy is ensured by the use of smart contracts within the platform, because access to content can only be obtained using EXO Tokens. The user connections initiate the burning of the tokens in the smart contract Proof of Connect, and as a reward and upon activation of the smart contract, the User Reward Fund is utilised.
The ExoLove Platform is a decentralised platform for connecting users. The principle of decentralisation will allow connecting third-party devices and services to the platform.
Using smart contracts, the User Reward Fund and the Exo Foundation working in the operating environment of the target system allow for fair consideration of the receipt of compensation by partner programs and commission platform. Exolover’s innovative business model leverages the ever increasing demand for crypto currency tokens with the needs, wants and desires of millions of people around the World who already expend $15 Billion annually in the growing sex and adult novelty toy marketplace
. ExoLover is at the forefront of a revolutionary change in the sex industry and after so many years of research and trying to develop the Exolover concept, the advent of blockchain was timely because it facilitated the discovery of answers to problems such as:
- How to address privacy concerns relating to user anonymity and transaction discretion; and
- How to obtain sexual gratification remotely and yet enjoy the full intimate experiencing with real sensations.
ExoLove devices along with the utilisation of blockchain technology will ultimately solve these problems and enable new business models that leverage demand for crypto currencies and the needs of millions of people around the world!