What Is Fairloris?
Fairloris.com is an investment platform that is based on LORI investment. The investors will earn profit inform of dividends payable twice per year. Anyone who installs a Fairloris browser is viable to receive an FRL cryptocurrency, which can be withdrawn as fiat money or exchanged for any other cryptocurrency.
What’s The Profit Of Investing In Fairloris?
Fairloris project has a great social significance; therefore it has the ability to widely propagate among users. It enables anyone who installs it view any comment and genuine feedback despite its function there. Moreover, the comments are reliable since the owners of the site are not able to delete them.
It’s impossible to leave anonymous comments and reviews in the fairloris application. Any fake account and custom comment is automatically detected by a self –regulating moderation system. The algorithm that is used for analyzing different accounts on the social media platform and a rating system promotes an active cryptocurrency for fairloris users.
Financing the project is done through advertising like Facebook and twitter. Once the profit is earned, expenses are deducted, and the rest is distributed to LORI token owners in form of dividends twice a year. From 1st may 2019 the project team will receive an additional LORI token of 5% to all the sold tokens. This will come twelve months later, since the complete of the ICO, which is provided for by a great contract.
After ICO completion, LORI token release will be impossible because a pre-mining tool doesn’t exist. However, flooding token in the exchange will be excluded, giving in to a future whereby LORI will be traded so as to manipulate the exchange rate. In case a team would like to sell tokens, only the 5% of team token bought by investors will be traded.
The project is related to crypto currency and blockchain through payment of user activity. In this case, a separate FLR crypto currency is issued with its own blockchain. By 2018, a full-fledged fairloris browser with a built-in cryptocurrency wallet and plug-in functionality will be launched. Anyone who will have installed fairloris browser and daily uses it for surfing will be rewarded automatically with an FLR cryptocurrency. This can be withdrawn as fiat money or exchanged for another cryptocurrency. Installation of the browser will not only earn cash but also enable fairloris spread quickly to the world masses.
Fairloris Investment Implementation Token With ICO
After the launching of fairloris ICO on Ethereum platform, a limited LORI token number containing a minimum cost of 0.01 ETH per 1 LORI will be released. The investors who will have purchased the token will be paid dividends in six months interval from 1st may 2019. The payment will be made proportional to the total weight percentage.
LORI Exchange Rate In ICO Period
- ICO: 100 LORI = 1 ETH
- Pre-ICO (20% Bonus):120 LORI = 1 ETH
Mechanism Used To Release LORI Token
LORI token release is limited by the ICO closing date. After the losing, the project team will be given 5% of the issued tokens. 12 months after the ICO closing date a smart contract will be provided.
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