LoMoStar — Building a flourishing cryptocurrency-based social economy

Miranda Wan
Sep 3, 2018 · 3 min read

LoMoStar is the new smartphone application making serious headway in the development of a new ecosystem that thrives on community engagement. Whether you’re the everyday crypto enthusiast or an entrepreneur looking to expand your business reach — LoMoStar has something to cater for everyone.

Using blockchain technology, the team have managed to develop a way for users to collect free coins whilst integrating the ability for social interaction, monetisation, business promotion and advertising through the use of cryptocurrency assets.

No matter what your goals are in using the application, you can install the app today (for free!) and begin your journey in meeting new friends, collecting free coins or promoting your brand in a unique manner.

But that’s not all! In fact.. It’s just the tip of the iceberg..

Current main features include:

  • Chat Groups: Theme-related, topic-related and open chat groups where you can meet new people, discuss interests, share and receive red envelopes (containing crypto) and participate in group-organised events
  • Official Airdrops: Frequent token airdrops conducted by LoMoStar in partnership with other companies/coins which appear in World View during specified dates
  • World View: Users, businesses and companies alike can similarly use this space to send out red envelopes on a global scale to allow for the gaining of ‘followers’, the promotion of a brand/business/product, or to simply give thanks and contribute generously to community spirit
  • News: Includes the NEW Bounty Channel
  • Activities: ThemisChain (THM) Football Predictions for matches played globally (inclusive of the World Cup), LoMoStar Voting Activities including the current Chinatown Detective Series puzzles where rewards are aplenty!
  • T2T Exchange: A token2token (T2T) exchange allowing for the trading of tokens (including most airdropped coins in-app) using LMC, BTC, ETH and USDT as base trading pairs
  • Multi-Asset Wallet: A multicurrency wallet to hold all your freshly collected coin

Please note: Local View is planned for release in future updates

A snapshot of the current (as at 2nd September 2018) user interface for LoMoStar

On the 30th of August 2018, LoMoStar introduced a new update and Public Beta testing of the application’s Bounty Channel feature. In this update, users are given the ability to read and share featured news articles to social media for diamonds (used as in-app fuel for buying vitality and other functions to be further integrated) alongside instant cryptocurrency rewards.

With the integration of location-based services (LBS) for Local View on the horizon (think Pokémon Go for cryptocurrency), this application is already serving as a truly vibrant, global social economy. Using geolocation, the anticipated implementation of this feature will enable users and businesses to place red envelopes filled with cryptocurrency and other digital world assets on the map for other nearby users to collect. For those entrepreneurs at heart, what a perfect way to capture an audience and garner a following than with a large user base that already shares one commonality? — You guessed it. A keen interest in crypto!

It’s still early days for LoMoStar and the beloved LoMoCoin (LMC), but if the continuous application development has anything to prove, it is that the team’s commitment to paving the way for a new phenomenon in social interaction remains unwavered. There’s been no time like now to join the rapidly expanding community... So, what are you waiting for? Don’t miss out on the fun!

Download for Android: https://play.google.com/store/apps/details?id=com.lomocoin.lomocoin
Download for iPhone: https://ilanding.lomocoin.com/landing

Please feel free to use invitation code 15FWYD or contact me (ittybitty on LoMoStar) to find out some of the best suited groups to to meet new people, network, and of course collect free coins* :)

Check out more about the project below:
Website:
https://lomostar.com/index.html
Whitepaper: https://tinyurl.com/LomostarWhitepaperENG

*A referrer will receive a 10% bonus of the red envelopes opened by their referrals.

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