Published: Oct 01, 2018

London Football Exchange

Website

Status

ICO

London Football Exchange is a fully integrated football club stock exchange and fan marketplace.

Whitepaper

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Interest lvl

Updated: Oct 01, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

LFE

Type

Utility-token

What is London Football Exchange

London Football Exchange will allow clubs to raise funds and fans will be able to own equities in these clubs. Fans will also have the option to contribute into charitable organizations that support football projects. London Football Exchange envisages a marketplace that will offer the following services: LFE Broadcast (football match broadcasting), LFE Retail (licensed merchandise), LFE Content (themed programs, films, series and articles), LFE e-Gaming (eSports and fantasy football games), LFE Ticketing (tickets and hospitality events), etc. The solution will be powered by LFE tokens that will be used for payments and transactions in the ecosystem.

London Football Exchange Roadmap

Q1 2018

LFE Enrollment Platform.

Q2 2018

LFE Initial Token Offering (ITO).

Q3 2018

LFE Payment Demonstration.

Q4 2018

LFE Token Issuance. LFE Marketplace Alpha. LFE Club Token Issuance #1. LFE ITO Completion.

Q1 2019

LFE Points Demonstration. LFE Ticketing Demonstration. Additional LFE Club Token Issuances.

Q2 2019

LFE Exchange Opens. LFE Dashboard. LFE Pay Debit Card. LFE POS Merchant API. Regulatory Approval LFE Exchange.

Q3 2019

LFEExperience Expansion. LFE POS Servicess.

Token Sale Dates

Presale Period

Start date: Jan 15, 2018

End date: Feb 11, 2018

ICO

Start date: May 01, 2018

End date: Aug 04, 2018

Token Allocation

Total Token Supply 2,400,000,000

Funding Details

Hard Cap 350,000,000 USD(fiat)

Funds Raised (as of now) 71,320,000 USD

Restrictions

Residents of the following countries are prohibited from participating
United States,

Token distribution

60% - LFE Fan Contributors
10% - LFE Core Team
22% - LFE Partners, Marketing & Legal
4% - LFE Development Team and Bonuses
2% - LFE Charitable Foundation
1% - LFE Ambassadors
1% - LFE Advisers

Funds allocation

45% - Football Club Business Development
25% - LFE Community development and awareness
10% - Reserves
5% - Operations and Business Development
5% - Technology development
5% - Strategic acquisitions
5% - Foundation