LipChain logo

LipChain (LIPS)

Status
ICO

The idea behind LIPCHAIN is to provide the community with best possible conditions for practicing surfing. LipChain is creating an App for surfers and sailors to post their videos and photos and in turn earn tokens. According to the rating that the picture or video will get from the community, a surfer can expect to receive up to 840€ per month thorugh this basic sponsoring program.

LipChain White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
LIPS
Type
Utility-token
Registration countryPortugal

What is LipChain

LipChain is a decentralized ecosystem providing surfers with sponsors, unofficial competitions and year-round training habitat. Surfers will be able to earn LIPS tokens by simply practicing their favorite sport and using the LipChain App to post their videos and photos. LIPS token holders have access to discounted surfing products and services. Also the broader community votes for the best surfer and may choose champions each month, Athletes earn tokens for their content from sponsors. LipChain will allocate 5% of the sponsorship income to foundations in carge of the cleaning of seas and beaches.

LipChain Roadmap

1
November 2016

In is concluded that the creation of a digital coin would make sense to add to the worldwide surfing community.

2
February - November 2016

Dissemination of the concept with several national surfers.Encrypted currency development.

3
January 2018

Launch of LIPCHAIN in the market through ICO.

4
February - March 2018

To buy a boat and to create the sailing team to beat the world rcord. To start the sponsoring of sailing activities.

5
April – May 2018

To develop the sponsorship for regatta and sailing team both adult & junior.

6
September 2018

Launch of the APP Captivation of all outsiders.

7
October 2018

Communication, adverting and promotion of LIPCHAIN.

8
November 2018 - April 2019

To end the ICO, in the case the hard-cap is not reach before the end.

Token Sale Dates

ICO

Start date: Mar 21, 2018
End date: Nov 15, 2018

Token Allocation

Total Token Supply 340,000,000

Funding Details

Soft Cap 3,000,000USD (fiat)
Hard Cap 20,000,000 USD(fiat)

Token distribution


34% - Crowdsale
6% - App Buying Content
1% - Bounty
10% - Advisory
9% - Team
5% - Surf Competition Prizes
5% - Sponsorship os Athletes
15% - Reserve Project
15% - Lipwave Pool Development

Funds allocation


40% - Waves Pool
20% - Blockchain Wallet
15% - Application Development
15% - Sponsoring
5% - Admin
5% - Legal

Token Price and Payment Options

Token price USD 1 LIPS = 0.1 USD
Accepted Currencies ETH

Project team

Pedro Marvão
Pedro Marvão
C.E.O
Pedro Marvão linkedin-team
João Schaller
João Schaller
C.F.O
João Schaller linkedin-team
Victor Costa
Victor Costa
CHIEF PROJECT ENGINEER
Victor Costa linkedin-team
António Rodrigues
António Rodrigues
PROJECT MANAGER
António Rodrigues linkedin-team
João Monteiro
João Monteiro
FINANCE & BANK
João Monteiro linkedin-team
Frederico Ferreira
Frederico Ferreira
C.T.O. LIPWAVE POOL
Frederico Ferreira linkedin-team
Parvesh Aggarwal
Parvesh Aggarwal
BLOCKCHAIN EXPERT
Parvesh Aggarwal linkedin-team
Pankaj Kumar
Pankaj Kumar
SMART CONTRACTS, DAPPS
Pankaj Kumar linkedin-team
Atul Kumar Srivastav
Atul Kumar Srivastav
BLOCKCHAIN CONSULTANT
Atul Kumar Srivastav linkedin-team
Pedro Das Neves
Pedro Das Neves
SAILOR & WATER SPORT ENTHUSIAST
Pedro Das Neves linkedin-team
Manuel Tavares
Manuel Tavares
FINANCE & SAILINg
João Ferreira
João Ferreira
NATIONAL PORTUGAL YOUNG ATHLETES HEAD COACH
João Ferreira linkedin-team

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