aryasatya: LIFE Crypto

LIFE Crypto

About LIFE Crypto

LIFE Crypto is a multi-chain crypto wallet built on Ethereum and BNB Chain for bridging crypto with daily transactions in the real world. Life DeFi Wallet , a non-custodial digital wallet service, is now available on the Apple App Store, making it the first multi-blockchain wallet in the world on Apple that allows users to make digital asset transfers to usernames. This represents a vast improvement over the use of complicated public crypto addresses that have long been the standard for blockchain-based transfers. It also creates new use cases and value-creating opportunities for businesses, users, brands, and more in a wide range of industries and verticals.

Life Crypto: Non-custodial Yet Easy

Life Crypto uses a unique method to offer all crypto related services within a non-custodial environment, but with a traditional banking like system that makes it extremely easy for anyone - even a newcomer in the crypto world - to instantly understand and start using decentralized services.

A few features of Life Crypto include:

Nicknames, Not Addresses: A Life Wallet user can send cryptos to another Life Crypto user by simply identifying with the right username. No more need to remember which complex address belonged to whom.

Face ID: Use your biometric tools built right into your smartphone to access your wallet instead of inputting private keys or passwords.

Instant Transfer: One of the fastest throughputs, Life Crypto can transfer assets in a fraction of a second.

Staking: DeFi services built right within the wallet. Stake LIFE tokens without needing to connect to a third service. With up to 39% APR, Life Crypto offers substantially more savings than a traditional savings bank account.

Multichain: Running on both BSC Smart Chain and Ethereum, users can instantly switch between ERC20 or BEP20 LIFE tokens should they want to send tokens out.

Debit Card: The upcoming VISA/MasterCard debit card will allow users to spend their crypto assets without converting to fiat, offering a real-life use of Life Crypto services.

With services that rival the ease of central systems, Life Crypto never holds users’ funds and only the token holders have access, therefore offering the best of both worlds.

Life Wallet :

The LIFE wallet will have a distinct benefit in that it will be multi-chain compatible and support a large number of tokens, allowing users to receive and transfer many cryptocurrencies with the flexibility of a username.

LIFE will always have the greatest options in terms of speed, costs, and reliability thanks to adaptable protocols that allow LIFE to bridge to the most modern blockchain technology. Shopping online, ordering takeout, and transferring money to contacts are all possible with Life swallets.

Life Staking :

LIFE token holders may make passive income by staking their tokens on the website’s best-in-class staking platform, as well as through services like providing liquidity to partner DEXs and, in the future, Life’s own DEX.

The platform offers 30%, 35%, 39% APR for 1 month, 6 month, and 12 month terms. Compare that to any bank account interest rate (offering for next two years). Minimum amount required for staking is 10,000 and there is no maximum limit.

Ability to see rewards and cash them out hourly. Lock up timer to see exactly when your funds are free to move, users can stake multiple lock up periods. At the end of the appropriate staking period, you will be able to withdraw your initial staked token amount as well as your earned incentives.

MetaMask, Trust Wallet, or Ledger are examples of software or hardware wallets that are interoperable with ERC20 tokens where you can store Life Tokens. You’ll need a certain quantity of ETH in your wallet to cover gas costs. A gas price will be charged for every contact with the smart contract. For users to take advantage of lower fees, the BSC network is a very good choice, in which you will need a small amount of BNB for transactions.

Goals Of LifeCrypto:

The team aims to connect crypto with real-world transactions, while also providing the convenience of login identification and the variety of a multi-chain wallet.

The LIFE Team is developing a full portfolio of products that are simple to use regardless of one’s degree of familiarity with cryptocurrencies or blockchain technology.

The LIFE token is the lifeblood of the ecosystem. Staking, app functionality, retail purchases, bank transfers, and LIFE debit card transactions all rely on it. LIFE is a new type of currency.

The Opportunity in LifeCrypto

Address verification
To send crypto, one must copy and paste a long string of arbitrary numbers and characters and verify that it’s the correct address before sending.

Complexity
Complicated onboarding of cryptocurrency users in the initial stages means many potential users do not get involved.

No ownership
Custodial services do not allow users to be in full control of their digital assets.

The Solution in LifeCrypto

Hassle-free transactions
Life provides flexibility and simplicity to crypto users, allowing for hassle-free transactions, using just the username of a receiver to send funds.

Ease of use
Life is focused on superb user experience, taking the confusion out of crypto to facilitate easier onboarding and adoption.

Full Control
Life offers this simplicity that's generally associated with custodial payment systems such as PayPal, but gives the user full custody of their assets.

LIFE Crypto & Hedera collaboration and the benefit of this collaboration

The LIFE team announce their collaboration with one of the most innovative L1’s in the market, Hedera. Life will develop to enable the transfer of the HBAR native coin within the LIFE wallet and support the entire Hedera ecosystem. This is a huge partnership for LIFE as not only does Hedera have an amazing blockchain performance of low fees, high TPS, and fast transaction confirmations, they also have an impressive list of ecosystem parters that include Google, IBM, and Boeing. This partnership also encompasses the entire HBAR foundation as well.

The 2023 roadmap further emphasizes that the LIFE community has much to be excited about. Plans are in the works for a marketplace, DEX, web browser, on/off ramp, project integrations, and several general improvements

Exchanges Listings

Roadmap

Ongoing

LIFE Wallet Airdrops

LIFE Wallet Launchpad

Additional DeFi Integrations

Investment Products

Identity

LIFE Pay

LIFE News

Yield Farming

Metaverse Integrations

Multichain Staking Integration

2023 Q1 & Q2

Android Wallet Launch

IOS Wallet Launch

Username Registration Launch

Web3auth Integration

LIFE DEX Swap

LIFE Anonymous Swaps

LIFE SDK (External Integrations)

More Layer1 (MATIC, AVAX, BSC, FTM, etc)

LIFE Charity Actions

2023 Q3 & Q4

NFT Marketplace

Dapp Browser

Embedded Web Browser

Bitcoin Support

More Layer 1 Integrations

Multichain Swaps

ENS / Domain Support

Fiat On/Off Ramp

Life Debit Card

Lending / Borrowing

TEAM

the Life Crypto team consists of professionals who have experience in Oracle, Microsoft, and extensive blockchain knowledge. Pooling their knowledge, they have understood the current issues faced in the decentralized industry and Life Crypto is the culmination of their efforts.

Developing a crypto ecosystem that offers non-custodial services in a traditional environment, coupled with DeFi and banking services, Life Crypto sets in motion a real possibility of crypto-assets going mainstream with anyone being able to use the services and enjoy the benefits of cryptocurrencies.