Website

Bitlumens (BLS)

ICO

Published: May 20, 2018

BitLumens is building a decentralized, blockchain-based micro power-grid for the 1.2 billion people without access to electricity and banking.

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Overview

Project industry	Energy & Utilities
Product type	Ecosystem
Whitepaper	Open

What is Bitlumens

Bitlumens aims at licensing the platform and operating with cooperative banking services on a global scale to improve the lives of villagers while contributing to carbon mitigation strategies.

Bitlumens registers the load profile of each machine that is in use. Token holders can monitor these profiles on the blockchain.

Each Bitlumens user will be able to have their own ID and credit history. This information can be shared to third parties who offer microlending solutions, governments and development banks. Bitlumens users can get access to microcredits by paying a specific interest rate based on personal and behavioral variables.

Details

Pre-sales: May 29, 2018 - Jun 18, 2018
Public sales: Jun 19, 2018 - Jul 16, 2018
Pre-sale token supply: 10,000,000
Token supply: 15,000,000
Hard cap: 25,000,000 USD(fiat)

Legal

Country limitations: United States,
Registration country: Switzerland

Token info

Ticker: BLS
Type: Utility-token
Token price in USD: 1 BLS = 0.8333 USD
Accepted currencies: ETH USD
Bonus program:
Pre-ICO - 40%
ICO 1st day - 20%
ICO 2-7 days - 15%
ICO 8-14 days - 7,5%
Token distribution:
20% - pre-ICO
30% - ICO
25% - held by Bitlumens in order to provide liquidity to the secondary market
23% - team and advisors
2% - bounty
Funds allocation:
35% - hardware
35% - wages
20% - software development
6% - marketing and PR
2% - legal
2% - ICO expenses