 | LitionICO Lition is developing the public-private blockchain with deletable data features, made for commercial products. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Lition
This state of the art protocol enables blockchain based applications to step out of their current niche into commercial mainstream deployment.
Users can store their private data only as long as they want to. Lition is fully compliant with data privacy regulations.
DetailsPublic sales: Mar 01, 2019 - Mar 31, 2019Token supply: 250,000,000 Soft cap: 5,000,000USD (fiat) Hard cap: 25,000,000 USD(fiat) LegalCountry limitations: China, United States, South Korea,Registration country: Liechtenstein | Token infoTicker: LITIONType: Utility-token Token price in USD: 1 LITION = 0.1 USD Accepted currencies: BTCETH Token distribution: 50% - for Sale 25% - Support ecosystem users/companies (lockup) 11% - Team, creators, advisors, future employees (lockup) 8% - PR & Community (lockup) 6% - Motivate ecosystem developers (lockup) Funds allocation: Use of proceeds (upon reach of soft cap): 52% - Engineering 19% - Use case activation / Business development 10% - Legal & Transaction costs 10% - Marketing outside of use-cases 7% - Developer community support 2% - Other / Reserve Use of proceeds (upon reach of hard cap): 43% - Use case activation / Business development 28% - Engineering 10% - Marketing outside of use-cases 8% - Other / Reserve 7% - Developer community support 4% - Legal & Transaction costs |
Lition Roadmap
Company incorporated;
Initial Fundraising;
Licensing process for electricity supplier initiated'
Alpha version of app;
First partnership initiated.
License as electricity supplier in Germany obtained;
Energy trading platform beta-test;
First green power plants connected to Lition Energy Exchange;
First employees on board (4 internal and 6 external).
Lition tarrifs are available to mass-market (>41 million households);
First Customers connected (household and SMEs);
Scaling up connected green power plants to 18 GWh in Germany;
Integration of smart reader use case;
Business requirements for blockchain infrastructure specified;
Design of technical blockchain architecture initiated;
Technical advisory with SAP starts.
Use case for electric vehicles piloted (with Chinese
partner);
Use case for P2P applied for energy retailing piloted (with
Asian partner);
Leading energy partners onboarded;
Lition staff grows to 25 (internal and external);
Lition representative office opened in China;
Technical whitepaper released;
Blockchain prototype;
Development with leading tech partner starts.
Commercial readiness for electric vehicle charging use case
(with Chinese partner);
Launch of time-sensitive tariffs for customers with smart
readers;
Expansion to Asian partners with P2P use case;
Testnet MVP ready;
Testnet blockchain API;
Testnet Dev. Toolkit, Dev&Admin release.
Expansion of P2P trading use case also for large industrial
clients;
Launch of smart grid use case;
Launch of energy-data driven recommendation use case;
Testnet 1.0 Public release;
First use cases migrated
dApp Partners onboarded;
Team Scale-Up.
Growth of partner network within Energy sector;
First pilots of regulated industries outside Energy sector
that deal with private data;
Mainnet 1.0 Public release;
Testnet Update;
Large-scale use case migration.
Large-scale marketing for ecosystem;
Worldwide commercial, large-scale use cases of industries
outside of Energy (mainly Healthcare, Finance);
Mainnet 2.0 Public release with full set of features.
Advisors
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