Livetree Whitepaper
  • Cover
  • Abstract
  • BACKGROUND & VISION
    • Product overview
    • Background & vision
  • TARGET MARKET & AUDIENCE
    • Market size
    • Wider industry outlook
    • A review of the current state of creator content industry
  • PROBLEMS & SOLUTIONS FOR TARGET AUDIENCE GROUPS
    • Problem & solution
    • 1. Influential creators and thought leaders
    • 2. Livestreamers
    • 3. NFT creators and collectors
    • 4. Mini-app developers and gamers
    • Competitor analysis
  • WHY LIVETREE?
    • A new EIP standard For creator networks: #Collectives
    • Motivations for an open-source standard
    • EVM capabilities
    • #Collective capabilities
    • Multichain support: Livetree enables creators to choose their preferred blockchain network
  • TECHNOLOGY
    • App function
    • dApp Portal function
    • Token multi-chain technology
    • AI infrastructure
  • BUSINESS MODEL
    • Business model
    • Creator income streams
    • Platform fees
    • Token utility
    • Tokenomics
    • Cumulative Vesting Diagram
  • ROADMAP
    • Roadmap
  • TEAM
    • Team
    • Leadership team
    • Advisory team
  • DISCLAIMER
    • Disclaimer
  • OFFICIAL LINKS
    • App download link
      • App download link
    • Livetree website
      • Livetree website
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  1. TECHNOLOGY

Token multi-chain technology

PreviousdApp Portal functionNextAI infrastructure

Last updated 1 year ago

The Livetree #Collective network is blockchain agnostic. This enables users to choose which blockchain they wish to mint their #Collective. Given blockchain technology is still nascent in its development and each blockchain is expected to evolve their technological advantages and underlying native token economies. In line with decentralized principals, individual users are empowered to choose which blockchain they believe provides future technology advantages and which underlying based game-theory native token economics they wish to support. The value of each native token of each blockchain (such as ETH, GLMR, CELO, MOVR, UNQ, QTZ, BNB) are today, typically, driven by gas fees and market speculation.

The Livetree #Collective network currently supports seven (“EVM'') based blockchains and plans to support additional blockchains as users vote and elect them via #LivetreeCollective’s governance. The following surmises the initial rationale for choosing each blockchain:

  1. and its canary network blockchains: Were chosen for the technical advantages offered by the underlying Parachain/Substrate technology, in particular, with governance, parathread and . Polkadot, developed by Parity, is a well established technology provider within the blockchain industry and has built a sizable developer community.

  2. blockchain: the Celo Foundation’s DeFi for the People initiative has pledged funds to bolster regenerative finance () liquidity. ReFi and the philanthropic efforts of Celo align with Livetree values. Celo’s blockchain provides relatively low gas fees, speed and community.

  3. Ethereum: Provides a relatively mature marketplace of applications across a number of distributed exchanges, tokens pegged to fiat currencies and assets, payment systems, market clearing mechanisms, micropayment systems for distributed computing resources, securities exchanges, crowdfunding, and legal document verification

  4. and : for the technical advantages (offered by its ) and positive community

  5. : for its popularity and connection with the Binance Exchange

As previously outlined, Livetree network participants (SEDC holders who are members of the #LivetreeCollective) can in future propose and vote for other blockchain networks to support, ideally, based on their individual technical and community merits and reach decision via a decentralized proposal driven by the participants of the network.

Ethereum Virtual Machine
Moonbeam
Moonriver
XCM
Celo
ReFi
Unique
Quartz
NFT pallet such as chaining
BNB Chain