LoMoCoin (using the token ticker LMC) is the Chinese-based project created to fulfill quite an enormous goal: to rebuild the entire social structure of the Internet, creating what they call the global social economy - finding new ways to seize on the global market of social interactions, extracting the potential billions upon billions of dollars with all of that attention and time spent by people around the world on the social networking and social promotion. Using the token itself, the LoMoCoin project will be giving its users an opportunity to connect, post, comment and promote themselves and people around them, thereby growing the economical potential of the LoMoCoin itself. LoMo’s project’s particular emphasis will be on the large-scale social interactions and events - attendance and organization of which on the LoMo platform will require the users participating to have a certain number of LoMoCoin and using it to do any sort of certifiable actions on the platform.