November 27, 2017 -- /LUNCH ACTUALLY/ -- Asia’s First and Largest Lunch Dating Company Lunch Actually Group announces the launch of its first Initial Coin Offering (ICO); set to commence its private pre-sale today. It offers local and global users an exciting and unique opportunity to be a part of the industry’s first AI-driven platform which is set to become the world’s most powerful and effective platform for dating and relationships.
The dating industry has grown tremendously in the last decade with the rise of technology and emergence of mobile dating services. However, there are still many problems faced by singles that are yet to be tackled. The number of online love scams, increasing dating fatigue, abuse of users’ data and increasing dating and relationship challenges are just some of them. Not to mention the relationship challenges encountered by couples with more marriages failing worldwide than ever before.
Viola.AI is our solution. She will be the first dating and relationship A.I. that evolves with the users - creating a global and borderless full loop solution from dating, courtship, relationship to marriage. With the capability to perform deep learning about each user’s personality, background and behaviour, Viola.AI can give them the most relevant and valuable advice, as well as proactively prompt couples before any important relationship milestones and help them solve their challenges early.
Bridging the Gap with Blockchain Technology
Love scamming is one of the biggest challenge that most dating providers are unable to resolve. In the US, it received 15,000 romance scam complaints in 2016 ― a 20 percent increase over the previous year. Reported losses exceeded $230 million, but the FBI estimated that only about 15 percent of these crimes are even being reported. Unfortunately, some rogue dating companies are also resorting to using bots and fake profiles to scam their users.
One of the key usages of blockchain technology is in Viola.AI’s Real-ID Verification System. Each user’s photo is checked against their social media accounts and real-time face scan to verify their identity; this process is then decentralized and stored on the Blockchain. Viola.AI will also employ end-to-end encryption to protect its users from any threat such as the infamous Ashley Madison hacking case.
The deployment of decentralized system and blockchain technology enables high security and authentication of users. This powerful tool can prevent any identity theft, protect against data tampering and protect the infrastructure of Viola.AI.
“The Blockchain and A.I. revolution has just begun. Even though it is still in its infancy, we know with certainty that this revolution would shake up many industries and businesses including ours. Importantly, love scamming is a real and pressing threat faced by all dating services, which will be solved by our Real-ID’s technology”, said CEO and Co-Founder of Viola.AI, Violet Lim.
Creating Community-based Marketplace with VIOLA Tokens
Viola.AI works with its community to generate dating and relationship content for every user based on their relationship stage. Viola.AI will then learn from the best and highest rated answers and reward these contributors with VIOLA tokens for their efforts and wisdom. The native token of the platform, VIOLA Token is the centerpiece of this community to reward and incentivize users. There will be $20 million worth of VIOLA Tokens available for this pre-sale and upcoming public sale with bonus tokens for early supporters.
Another powerful usage of VIOLA token is enabling users to purchase content, goods and services within the platform. With Ethereum Smart Contracts in place, users can interact and transact with contributors, merchants and experts at ease as all parties will receive the agreed-upon revenue share or commissions. This is important as users can perform secure transaction without worrying about sellers not delivering the goods and services (especially as Viola.AI is available worldwide), and merchants will not be burdened by unnecessary hassle of users backing away from the deal.
This trustless Smart Contracts also give assurances for all parties involved - bringing more merchants within the community and as result, giving users more options to positively connect with each other. This helps the ecosystem within Viola.AI to expand rapidly in a safe environment.
The Smartest A.I in the Love Industry
The team behind Viola.AI - Lunch Actually Group, is set to disrupt the dating industry as we know it. There has not been any platform that can seamlessly help singles and couples all over the world improve their love life, and at the same time connect with solution providers (merchants, experts, coaches and vendors) in a reliable manner. Viola.AI will be trained by the Group’s 13 years of accumulated service experience, 3500 datasets and 1.1 billion data points as well as social and engagement data from users to make it the smartest A.I. on everything dating and relationships.
The Group is currently exploring a collaboration opportunity with AI Singapore, a government programme in Artificial Intelligence (AI) aimed to boost the nation’s AI capabilities. Viola.AI project has also secured a grant from the Partner Connection Fund, an enabler fund by the Singapore Government that supports promising dating ideas.
“Viola.AI is a project that has been in the making for years based on our 13 years of experience in the dating and relationships industry. We are excited that by leveraging on the latest AI & blockchain technology, we are able to bring this dream into reality and offer singles and couples the most comprehensive and effective tool to better their relationships. Through Viola.AI, we look forward to help billions of singles and couples worldwide fulfil their dreams of finding love and happiness,” Violet concluded.
For detailed information please visit www.viola.ai
Viola.AI is an ever-improving, decentralized and secure A.I. Driven Marketplace that gives data-driven advice, recommendations, concierge and matches to helps singles to be effective and efficient in finding love while also helping couples to sustain and better their relationships with their significant other.
About Lunch Actually Group
The first and largest dating company in Asia, Lunch Actually Group has had over 13 years of experience in offline matchmaking, online dating, mobile dating and date coaching services. It has arranged over 100,000 dates with 85% matches satisfaction rate. The Group’s Big Hairy Audacious Goal is to create 1 million happy marriages.