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Lition ICO (Initial Coin Offering)

What is Lition Token / Coin?

Lition is developing the only scalable public-private blockchain with deletable data features, made for commercial products. Designed with Lition’s live P2P trading use case, and co-innovated with SAP. Lition, in co-innovation with SAP, is a foundation that develops the next generation blockchain infrastructure designed for businesses to bring blockchain applications from their currently predominant Proof-of-Concept stage into commercial products with mass-market adoption in a legally compliant way. Our infrastructure is the only scalable public-private blockchain with deletable data features. SAP, a company with >400.000 customers and the power of >10.000 developers, is developing the decentral ledger and smart contract layer, with Lition providing the open consensus layer.

Price: 0.1000 USD
4.7
Average Rating
Sang-Seop Lee
Start: 2019-03-18
End: 2019-03-26
Ends In:
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Milestones

1
Q4 2017

Company incorporated;
Initial Fundraising;
Licensing process for electricity supplier initiated’
Alpha version of app;
First partnership initiated.

2
Q1 2018

License as an electricity supplier obtained in Germany;
Beta version of P2P energy trading app;
First green power plants connected to Lition Energy Exchange;
First employees on board (4 internal and 6 external).

3
Q2 2018

Mass market ready (>41 million households);
Scaling up connected green power plants to 18 GWh in Germany;
Smart reader integration;
Business requirements for blockchain specified;
Design of blockchain architecture;
Technical advisory SAP.

4
Q3 2018

Use case for P2P applied for energy retailing piloted;
Leading energy partners on board;
25 people at Lition;
Office in Beijing opened;
Technical WP released;
Blockchain prototype;
Development with SAP started.

5
Q4 2018

Seed funding round completed;
Commercial expansion of P2P Energy trading use case;
Support of German Blockchain Law makers enabling STOs in Lition Blockchain.

6
Q1-Q2 2019

Testnet 1.0 public release ;
P2P expansion to large industrial clients;
Smart grid use case launch;
Energy-data driven use case launch;
1st use case migrated;
Testnet 1.0 public release;
dApp Partners onboarded;
Team Scale-Up.

7
Q3-Q4 2019

Growth of partner network within energy sector;
First pilots of regulated industries outside energy;
Mainnet 1.0 public release;
Testnet update;
Large-scale user migration.

8
2020

Large-scale marketing for ecosystem;
Worldwide commercial, large-scale use cases of industries
outside of energy (healthcare, finance);
Mainnet 2.0 public release with full set features.

TokenLITION
PlatformEthereum
TypeERC20
Price0.1000 USD
Tokens For Sale80,000,000
BonusNo
BountyNo
WhitelistYes
KYCYes
Restriction AreaUSA, China
Accepting:BTC, ETH
Soft Cap2,000,000 USD
Hard Cap8,000,000 USD
Average Rating: 4.7

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