Lovely Inu Whitepaper

Crypto meme and launchpad platform operating on the high-end BEP-20 blockchain technology (Binance Smart Chain)


ABSTRACT

The birth of secure public blockchains initiated by BitToken and later Ethereum, has brought forth a notable degree of interest and capital influx, providing the premise for a global wave of permissionless innovation. Nowadays, blockchains, just as traditional businesses, compete with each other to provide users with a more scalable platform with instant transactions, minimal fees, and advanced features. It seemed that many competitors of Ethereum left the platform far behind in terms of technology, and the best contender to date is BEP-20 blockchain ecosystem developed by Binance.

This paper proposes the Lovely Inu Asset, an economics structure which constitutes a decentralized meme project with a purposed $LOVELY as a Utility Token. We are thus introducing the investors and customers to a genuine passive income scheme using our native Lovely Inu token. Since we are based on the BEP-20 technology, this consequently eliminating energy and computational waste while ensuring distributed fairness through a Proof of Stake (PoS) consensus, we are also proposing not only a highly profitable procedure by acquiring and holding $LOVELY, but also by participating in different launchpads vetted and proposed by our team of experts.

INTRODUCTION

Over the last more than 10 years Cryptocurrency and smart contract platforms such as BitToken and Ethereum, and lately DeFi technology, have sparked considerable interest and have become promising solutions for electronic payments, decentralized applications and potential digital stores of value. However, alongside these projects, a new and extremely attractive niche has caught a widespread popular attention: the meme Tokens, such as Doge, Shiba Inu etc. It is under these circumstances that the $LOVELY token came to existence. Launched in June 2021, the $LOVELY Token is the fastest growing cryptocurrency of its kind. Why? Since it is built on Binance Smart Chain, it is created with 10X faster block speed and over 100X cheaper gas fees. $LOVELY has learned a lot of tricks and lessons from its fellow meme tokens, and from itself, and thus, by combining the force of the community and a high performance launchpad for other projects, it will come to bring a revolution in the virtual currency world. Its initial relatively non-scarce issuance, combined with an intelligent deflationary strategy, its portability, and its great demand in the meme world, makes it a highly desired commodity. Cryptocurrency has adopted some of its predecessors’ benefits with the creation of a bitToken that is scarce: through the introduction of a digital Token that can be easily and effortlessly transmitted and by the creation of a distributed, decentralized blockchain that aids business and wealth creation. Scarcity can either be achieved through a low initial issuance or through a deflationary approach. Cryptocurrency also adds value by making one's transactions fast, secure and transparent.

FORWARD LOOKING STATEMENT

Forward-looking statements relate to expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with a discussion of potential future events, circumstances or future operating or financial performance. These include statements relating to future actions, prospective launchpad products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, and financial results.

Any or all our forward-looking statements here or in other publications may turn out to be wrong. Ultimately, we are a meme token. Our statements can be affected by inaccurate assumptions or by known or unknown present or future risks and uncertainties. Many such factors will be important in determining our actual future results. Consequently, no forward-looking statement can be guaranteed, and they may be adversely affected by factors, including general market conditions, competitive product development, product availability, current and future branded and generic competition, federal and state regulations and legislation, service availability issues, timing of trades, patent positions, litigations, and investigations. Our actual results may vary materially, and there are no guarantees about the performance of the token. We undertake no obligation to correct or update any forward-looking statements, whether because of new information, future events or otherwise

Cautionary Notes on Future Statements

All statements contained in this technical document, statements made in press releases or in any place accessible to the public and oral statements that may be made by the Lovely Inu team or their respective directors, executive directors or employees acting on behalf of the Lovely Inu team, other than statements of historical fact, constitute "forward-looking statements." Some of these statements can be identified by forward-looking terms such as "objective", "objective", "anticipate", "believe", "could", "estimate", "expect", "if", "intend", "may”, "plan", "possible", "probable", "project", "should", "would", "will be" or other similar terms.

However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding Lovely Inu team's financial position, business strategies, plans and prospects, and future industry prospects made by Lovely Inu team are forward-looking statements. These forward-looking statements, including but not limited to statements about the $LOVELY token and its profitability, prospects, future plans, other expected industry trends and other matters discussed in this Whitepaper are matters that are not historical facts, but only predictions.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause $LOVELY’s actual future results, performance, or achievements to be materially different from any future results, performance or achievements expected, expressed or implied by such.

These factors include, but are not limited to:

  • a) changes in the political, social, economic, and stock market conditions or cryptocurrencies, and the regulatory environment in the countries in which the Lovely Inu team carry out their respective businesses and operations.
  • b) the risk that the Lovely Inu team may not be able to execute or implement its respective business strategies and future.
  • c) changes in interest rates and exchange rates of fixed currencies and cryptocurrencies.
  • d) changes in the anticipated growth strategies and expected internal growth of Lovely Inu.
  • e) changes in the availability and salaries of employees required by the Lovely Inu team to operate their respective businesses and operations.
  • f) changes in user behavior and preferences of $LOVELY Token holders.
  • g) changes in the competitive conditions under which Lovely Inu team operate, and its ability to compete in such conditions.
  • h) changes in Lovely Inu team's future capital needs and the availability of financing and capital to finance such needs.
  • i) war or acts of international or national terrorism.
  • j) occurrences of catastrophic events, natural disasters and cases of force majeure that affect the business and / or operations of the Lovely Inu team.
  • k) other factors beyond Lovely Inu team's control.
  • l) any risks and uncertainties associated with Lovely Inu team, its businesses and operations, the $LOVELY Tokens, the Token Sales, etc.

LEGAL INVESTMENT DISCLAIMER

This Whitepaper is produced for educational and informational purposes only and is not intended to be used as a financial promotion. No information, data, or analysis presented are intended to form the basis of any investment decision. This document is not investment advice, solicitation of any kind nor an endorsement. Nothing in this paper should be construed as an offer or inducement to engage in any form of investing activity. This paper is not a prospectus, invitation, inducement, or proposal for investment, nor is it meant to be a sale or issuance of securities, interests, or assets.

The information in this document is provided in good faith.

The Lovely Inu team expressly disclaims any and all responsibility, and readers, investors, expressly waive all claim for any direct or indirect loss or damages of any kind (whether foreseeable or not) arising directly or indirectly from:

  • (i) reliance on any information contained in this document or any information made available in connection with any further inquiries,
  • (ii) any error, or inaccuracy in this document,
  • (iii) any action resulting therefrom or
  • (iv) usage or acquisition of products.

The Lovely Inu project token ($LOVELY), as well as any launchpad project sent by the Lovely Inu project are utility tokens and are only to enable token holders to undertake actions within the Lovely Inu platform. The Lovely Inu project token ($LOVELY) is not a currency and should not be considered one by holders. The Lovely Inu project token ($LOVELY) must not be held or earned as a reward by any individual resident and/or citizen of a country in which holding such tokens is illegal and/or in countries that consider such tokens securities. It is the readers responsibility to know the laws relevant to their legal jurisdiction and ensure they are compliant at all times.

There are no guarantees that the Lovely Inu project and/or platform will succeed financially. There is no inherent monetary value associated with the Lovely Inu project token ($LOVELY). If the Lovely Inu project token ($LOVELY) is subsequently listed on a centralized or decentralized exchange, then there is no guarantee that the Lovely Inu project token ($LOVELY) will rise in value nor have any value at all.

This disclaimer applies notwithstanding any default, lack of care or negligence. The Lovely Inu team reserves the right to amend, alter, or correct this document at any time without warning or incurring any duty or liability to any receiver. This whitepaper does not attach Lovely Inu LTD, nor does it express any rights, obligations, conditions, performance, covenants, promises, or warranties on behalf of Lovely Inu LTD to the recipient, nor does it establish any relationship between Lovely Inu LTD and any Recipient or other party.

The Lovely Inu project reserves the right to require all platform participants submit verifiable identity and residence documentation at any time in order for the Lovely Inu project to comply with Know Your Customer and Anti Money laundering responsibilities. This includes validation of identity & residence documentation with an authorized third-party supplier, as well as ongoing monitoring.

This material does not constitute any representation as to the suitability or appropriateness of any utility asset, financial product, or instrument. There is no guarantee that investment in the $LOVELY Token will be profitable or will not incur loss. This information does not have regard to the specific investment objectives, financial situation, and the needs of any specific person who may view its investor materials. Investors should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed in this Whitepaper and should understand that statements regarding prospects may not be realized. Investors should note that security values may fluctuate and that the Token’s price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not a guide to future performance. Investing in any cryptocurrency involves certain risks called non-diversifiable risk. These risks include market risk, interest-rate risk, inflation risk, and event risk. These risks are in addition to any specific, or diversifiable, risks associated with particular investment styles or strategies.

GENERAL

Little Love, Dream Big.

$LOVELY Token was born June 15th 2021with the vision to make the record by growing token price from 0.00000001$. The decentralized meme project came with the purpose of issuing $LOVELY as a Utility Token. Within the first 30 Days $LOVELY Launched Decentralized Swap and Initial Liquidity Offering Platform. As a consequence, the $LOVELY Token Price grew from $0.000000007 to over $0.0000001.

Whilst it is assumed to be a meme token, what set is apart is that the Lovely Inu team comes up with a layer of practicality and usability beyond the simple existence of the token, adding a few relevant services, and thus creating a whole ecosystem. The differences between the $LOVELY token and other meme cryptocurrencies on the market include the following:

  • $LOVELY leverages the Binance Smart Chain, for transactions.
  • $LOVELY uses provides a whole range of other crypto services on its platform, services which are not correlated or conditioned to the usability of the native token.

VALUES

COMMUNITY

$LOVELY is fully decentralized and owned by its love and vibrant community. We welcome and embrace diverse perspectives to build LOVELY into the best community in crypto world.

TRANSPARENCY

$LOVELY is decentralized and supported by its community of enthusiasts. We encourage open communication and believe trust, transparency.

TRUST

In cryptocurrency market trust is paramount. That means full transparency not only in the community and development but also in security efforts. $LOVELY has been audited by a third party Certik.

LONGEVITY

$LOVELY is in for the long haul. The decentralized community is fostering and adopting long term development of the ecosystem and foundation in efforts to drive real use cases which are dissociated from the token usage.

TARGET MARKET

Crypto Traders – these participants can use $LOVELY for speculating and hedging cryptocurrency volatility. $LOVELY can also be used to convert cryptocurrency into fiat.

Standard Customers – these customers may want to buy $LOVELY as a crypto asset, for long-term holding. $LOVELY could be used to pay for goods and services, in the future, or as an option to participate in different launchpads. Its high volatility as an asset and its unpredictability make it an invaluable form of speculative asset.

Private Institutions – $LOVELY crypto assets give institutions new opportunities for capital gains. There is free liquidity and extra earning potential from trading $LOVELY into fiat and vice versa. The use of cryptocurrency has become a major industry. Institutions can profit from earning from the volatility of the underlying asset, and from using the $LOVELY management system. At the same time, new crypto projects that invest in $LOVELY reinforce the Token’s reputation, which ultimately increases their profit not only in the native token, but also in the token they own by launching on our platform through the $LOVELY partner program.

ECOSYSTEM

$LOVELY SWAP

Decentralized exchange that features custom functionality and allows holders to trade among themselves, and without any centralized point of failure, any BEP20 token for another. It is powered by Pancakeswap, the most secure and safest DEX in the crypto world. It acts as the foundation on which Lovely Inu will develop further functionalities and use-cases for the $LOVELY holders.

$LOVELY LAUNCHPAD

Initial Liquidity Offering that feature $LOVELY pair only and without any centralized point of failure. $LOVELY Launchpad is the safest and most secure means for innovative crypto startups, where users can participate in Initial Liquidity Offering using $LOVELY. It is fully decentralized, it is based on the Binance Smart Chain solidity smart contract, and it has the easiest user interface.

Lovely-Wallet:

  • Will be able to facilitate the auto execution functions
  • Cross-chain trading will be enabled through the development and implementation of Lovely Inu protocol which will work towards bridging the different infrastructures that will be added to the trading

$LOVELY DECENTRALIZED EXCHANGE

Centralized Crypto Exchange Ios/Android App. $LOVELY will bring for their Lovely Inu Family.

BUSINESS MODEL

$LOVELY’s Decentralized Exchange model generates revenue through trading, direct token to token swaps, the tier programs for $LOVELY tools and launchpad offerings. These revenue streams are further briefed below:

  • Trader Fees - a percentage fee is subtracted from both the maker and the taker of each trade.
  • Token Swap - a percentage fee is subtracted for each token exchange on the platform.
  • $LOVELY Tools - Proprietary tools will come in the form of tiers, each levying a certain fee.

THE $LOVELY TOKEN

$LOVELY is an BEP20 token which started on the Binance Smart Chain. Binance Smart Chain is much greater speed and efficiency than other, competing chains. With decentralized exchanges on BSC offering lightning-fast swaps and extremely low fees, BSC has started to become one of the most widely used blockchains for Decentralized Finance (Defi).

BSC uses a token protocol developed by the Binance Team called BEP-20. Known for 5 second block speeds much faster than doge with 1 minute block speeds.

The $LOVELY Token Smart Contract successfully passed a top-grade security audit to further the community's confidence, in full transparency.

$LOVELY liquidity pools and listings are constantly added by many completely independent enthusiasts and supporters on a number of different exchanges, among which: Bitmart, Pancakeswap, Hotbit, Latoken

TOKENOMICS

At Lovely Inu, we are designing a cryptocurrency based on definitive market rules and fundamental economic principles. Lovely Inu reconciles a high-performance protocol with integral price stability features.

Total Supply: 55,000,000,000,000 tokens

Circulating Supply: 68.9805%

Team and Project Budget: 31.0195%

Name: Lovely Inu

Symbol: $LOVELY

Decimal: 8

Project Budget

30% Marketing

35% Development

10% Team

5% Legal, registration

20% Other

Burning Tokens – Deflationary Approach

Lovely Inu plans to perform quarterly coin burns through a smart contract to increase the token price. The management has modeled its burn on Binance’s burn function. The Company plans to use 15% of the profits made from the trading fees every quarter to buy-back tokens and burn them until 55% of the tokens of the total token supply are burnt.

Burning the tokens has multiple strategic benefits. It reduces the overall supply, leading to a sustainable increase in token prices over the long term. It also establishes the hegemony of the token in the platform’s trading environment and incentivizes traders to hold the tokens for the long term.

ROADMAP

Phase 1

$LOVELY is Born to Make History
Website Launch
Third Party Audit
Presale
Bounty Campaign
Rewards Program for Presale Participants
Listing on 5 Cex
  • Bitmart
  • Hotbit
  • Bkex
  • Latoken
  • P2PB2B
Listing on Pancakeswap

Phase 2

Launch $LOVELY SWAP
Listing on $LOVELY SWAP
Launch Farming and Pools
40,000 Telegram Members
20,000 Holders
Launch $LOVELY Launchpad
Listing on Cointiger
Listing on Indoex

Phase 3

Listing on CoinMarketCap
Listing on Coingecko
Create 5-6 Languages Telegram Chat
Listing on Trust Wallet
Certik Audit
Giveaway Event
40,000 Holders
120,000 Twitter Followers
140,000 Telegram Members
Website Redesign

Phase 4

Large Marketing
Press Release
Giveaway Event
Start $LOVELY Audit Service
Start Partnerships
Donations
Increase Marketing

Phase 5

Market Cap 10M+
80,000 Holders
200,000 Twitter Followers
180,000 Telegram Members
$LOVELY wrapped Car Giveaway Event
Launch $LOVELY Wallet
Listing on 5-6 Exchanges with Market Push
Listing on Binance
Launch $LOVELY Exchange

TEAM

$LOVELY developers have a long history of working with gold and cryptocurrency. They also possess the marketing, programming, logical, technical, and operational skills needed to accomplish this project. The Core team has been developing the fundamental idea behind $LOVELY for the last 12 months. The management has invested $100,000 of own personal funds to launch a MVP before going to contributors for the token generating event. The goal is to reimagine the fusion between meme tokens and current crypto-exchange ecosystems for a more profitable trading environment in the long term.

APPRECIATION

Our token mechanics are structured so that there are a multitude of influences for material appreciation. Starting with growing transactions and constant onboarding of new clients we start to build a higher use for our token and a higher demand. With this kind of assistance to the velocity of our token along with its use in crypto trading, it can measurably reach its true intrinsic value.

With the growing use of the token by businesses on the platform we effectively reduce price risk relative to the dollar for all holders, setting a comfortable base for which we can assume, following price discovery on exchanges, our cryptocurrency will not fall through. This also sets the investment standard for traders to buy knowing that eventually, $LOVELY tokens will reach certain support levels where there is only more upside as we grow.

We encourage the reader to do its own research, and decide whether to invest in our project.

REPRESENTATION AND WARRANTIES BY THE PURCHASERS

By contributing in the token sale of $LOVELY, the consumers represent and warrant to Lovely Inu team as follows:

  • a) You are permitted and have full power to purchase $LOVELY according to the laws that apply in your jurisdiction of domicile.
  • b) You are solely accountable for deciding whether the purchase of $LOVELY is appropriate for you.
  • c) You are not performing as a mediator on behalf of any other person or entity who wish to purchase $LOVELY or contribute in its token sale.
  • d) You have thoroughly studied the risks, costs, and any other shortcomings of procuring $LOVELY and realized the risks, costs, and any other disadvantages associated with $LOVELY and its token sale.
  • e) You are not acting for the purpose of speculative investment.
  • f) You agree and acknowledge that $LOVELY does not constitute securities in any form in your jurisdiction.
  • g) You agree and admit that no controlling authority has inspected or approved the information set out in this Whitepaper, no such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or broadcasting of this whitepaper to you does not imply that the applicable laws, regulatory requirements or rules have been complied with;
  • h) You agree and acknowledge that this whitepaper, the undertaking and/or the completion of the $LOVELY token sale or future trading of $LOVELY on any crypto currency exchange, shall not be interpreted or deemed by you as an indication of the merits of Lovely Inu team or $LOVELY.
  • i) The distribution or dissemination of this whitepaper, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and obeyed with all such restrictions at your own expense and without liability to Lovely Inu team.
  • k) You agree and acknowledge that in the case where you wish to purchase any $LOVELY , it is not to be construed, interpreted, classified or treated as:
    • i. any kind of currency other than cryptocurrency.
    • ii. debentures, stocks or shares issued by Lovely Inu team.
    • iii. rights, options or derivatives in respect of such debentures, stocks or shares.
    • iv. rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss
    • v. units in a collective investment scheme.
    • vi. units in a business trust.
    • vii. derivatives of units in a business trust; or
    • viii. any other security or class of securities.
  • l) You have a good understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of crypto currencies, block chain-based software systems, crypto currency wallets or other related token storage mechanisms, blockchain technology and smart contract technology.
  • m) You are fully aware and understand that in the case where you wish to purchase any $LOVELY, there are risks associated with Lovely Inu team and its business and operations.
  • n) You agree and acknowledge that Lovely Inu team is not liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this whitepaper or any part thereof by you.
  • o) You will not use the token sale for any illegal activity, including but not limited to money laundering and the financing of terrorism; and
  • p) All the above representations and warranties are true, complete, accurate and non-misleading from the time of your access to and/or acceptance of possession this whitepaper or such part thereof (as the case may be).

UPDATES TO THE DETAIL OF THE TOKEN SALE

Lovely Inu team reserves the right, at its sole discretion, to change, modify, add, or remove portions of this whitepaper and the terms at any time during the sale by posting the amendment on the Lovely Inu team website. Any purchaser will be deemed to have accepted such changes by purchasing $LOVELY. If at any point you do not agree to any portion of the then-current version of this whitepaper and the terms, you should not purchase $LOVELY.

MARKET AND INDUSTRY INFORMATION

This whitepaper includes market and industry information and forecasts that have been obtained from internal surveys, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. Such surveys, reports, studies, market research, publicly available information and publications generally state that the information that they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information. Lovely Inu team has not conducted any independent review of the information extracted from third party sources, verified the accuracy or completeness of such information or ascertained the underlying economic assumptions relied upon therein. Consequently, any entities of Lovely Inu team and officers and employees thereof do not make any representation or warranty as to the accuracy or completeness of such information and shall not be obliged to provide any updates on the same.