The sinking crypto ship, Lyf coin life boat and chance to claim a share of a million dollars in Lyf coins free

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The story of You, Me and every common Joe

You invest your hard earned money into a crypto and once it is in your wallet you HODL it in the hope it would reach the moon.

You invest in a crypto project because you have faith in it and believe it to be like a ship, robust and sturdy that would take you across rough waters of turbulent times to a land that promises more security and prosperity.

However the journey does not always unfold as desired.
At times it is a long wait for our crypto investments to give rewards and we can never predict the duration of the wait and its outcome.
Due to the uncertainty of the crypto markets our so called secure ship may face a choppy storm, the price of coins we invested in may crash taking down our dreams of a safe future with it.

Can someone save us from a shipwreck like this?

Unlike a physical shipwreck it is our investment that is drowning.
So to save our investment someone needs to save the ship that is the crypto project.

Why so many crypto projects face such a fate?

One of the big challenges any token or coin of a new crypto project faces is that people do not hold the tokens and coins long enough.
The token gets subjected to pump and dump and as a result the price is not
governed by the intrinsic value instead it is controlled by the market manipulators.

This results in loss of value and true worth of the coin and token are never discovered.
Due to these price dumps it is the long term believers and investors of the project that get hurt the most.
As a result they either see their investments go down and it makes them eventually exit the project or they too sell their stakes further destabilizing the project.
If you see the current market trend you would see the initial listing pump and then there is a price dump as everyone wants to exit at a good price.

Reasons of pump and dump?

No one knows the actual worth of a token.
So a 2X or 3X price looks good exit point for the investors who play the market for the initial pop or the listing gains.
This means after the dump the project may lose favor and support of the investors as they may have sold out their holdings or have lost a lot of their investment due to the pump and dump manipulation.
This is a vicious cycle that a lot of projects go through and results in their demise.

Sellers undercutting prices is a big drawback

In an open market the market manipulation can cause sellers to undercut the price resulting in the price of the token getting depressed in response to these market manipulations and the real value of the project tokens never gets discovered.

Major currency fluctuations harm the project tokens prices

The price of bitcoin, ETH and cryptocurrencies experience a lot of fluctuations which may further adversely affect the price of other alt coins.
Your token too would get hit by these price disturbances and as a result may end up losing all its value.

Not only the project but the stakeholders and investors too suffer due to this.

A lot of small investors who believe in the project, the family and people close to the project's core group who put in their money can see their entire savings wiped out because of no fault of theirs.

Can the Lyfcoin life boat rescue a crypto project?

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Lyfcoin is a platform which makes it possible to stake any ERC20 token or coin.

It provides customizable staking services for each ERC20 token

Even if they are not proof of stake tokens.

How this may be a better option for any ERC20 crypto project?

Lyfcoin is a platform that tries to discover the true worth of a token and incentivizes holders by way of staking rewards for holding the tokens. This when properly executed can result in a more stable price and real price discovery of any token on its platform.

Here is how it works

• The Project managers need to fill up a form to contact the Lyfcoin team
• This initiates a process in which the Lyfcoin team starts working on setting up a customizable staking solution.
• For existing projects the team works on setting up a mechanism to get the price token to its true value.
• With the support of the team the token project would be listed in the minimal possible time with customizable staking.
  The customizable staking would ensure a reward mechanism that would be attractive to hold the tokens instead of selling them thereby helping in creating a balance between buyers and sellers and helping in discovery of true value of the token.
  The state of the art algorithm helps in token price discovery in a realistic and organic manner.

The five step approach to launch a token is adopted by Lyfcoin team

Lyfcoin incorporates a 5 step approach to help stabilize the project and create a realistic value of the coin price. These steps are

1. Price correction : This is for coins that are already listed and trading against BTC and ETH.
   Here a pricing algorithm is used to derive an organic price for the coin.The algorithm works on inputs like price, token amount ,wallets etc. to arrive at a rate.
2. Enable Staking
   The token would get mapped to a staking mechanism in which a staking pool,

lockin periods and payouts etc would be determined.
The use of blockchain logging would ensure transparency for each coin.

1. The Pricing algorithm
   The token would start from a fixed price and predetermined data points are fed into the algorithm to ensure that all isochrones are recorded as the price varies.
   4)Staking Payout: Depending upon the coins payout schedules all payouts are made on a daily, weekly monthly bases without any misses.
2. Indefinite Isochrones
   A key component to make this strategy work is the involvement to gain momentum and help transform this momentum into price action and stabilization for the token.

So with all this sorted can you and me take some rest?

Actually there is another major component of the system that is the community.
A community made up of people like you and me.
Another way for this process to work is the community member's of any ERC20 coin can cast a vote and make it eligible for being listed on the platform.

Once the project is listed anyone can stake and hold the staked investment for a predefined period of time.

There are different investment or staking pools and one can start interesting with as little as $20.

The Lyfcoin Token is the native currency of the platform

One would need to buy and used this token to benefit from the staking opportunity.

The platform plans to offer a lot more than staking. here is an info-graphic showing its many features.

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Claim your share of 1 million dollar in Lyfcoin

Vote for your ERC20 Token to be listed on the Lyf Coin platform now and Earn a share of 1 million dollars in Lyfcoin.
This can be done in 3 simple steps

1. Register here

Registration requires email and password of your choice.
I have marked the fields to be filled in the image above.

1. Cast your vote for your favourite token here
   For casting of vote you would need to verify your mobile and email via OTP

Once verified you can cast your vote.

1. Repeat this process everyday to increase your share of entries.
   This is a limited period activity and your daily participation improves your share and entries.

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For more information about Lyfcoin please refer to the below links
website : https://www.lyfcoin.club/
Twitter: https://twitter.com/LYFCOINOFFICIAL
Telegram:https://t.me/OFFICIALLYFCOIN
facebook: https://www.facebook.com/LYFCOINOFFICIAL/?ref=bookmarks

Disclaimer: This is not financial advice.The purpose of this article is for education purpose only. Please do your research and due diligence before making an investment.

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