LanceChain logo

LanceChain (LANC)

Status
ICO

LanceChain is a decentralized blockchain based marketplace for freelancers and project owners.

LanceChain 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
LANC
Type
Utility-token
Token standard
ERC-20

What is LanceChain

LanceChain platform provides the opportunity to work and hire with 0% commission and no central authority.

LanceChain represents the balance by which users will be able to use and utilize the platform daily without the need to buy any paid features.

Freelancers will have the ability to take tests and certify themselves on the LanceChain platform in order to prove their skills and proficiency in their field of expertise.

LanceChain will implement a dispute settlement process via a Decentralized Expert Team (DET).

LanceChain will provide a pool of talent consisting of project and general management expertise and having experience in successfully delivering enterprise projects. LanceChain provides a project management service to help alleviate this issue for businesses that do not have internal management.

LanceChain founders and employees will receive their tokens on a 2-year vesting schedule with 6-months cliff.

Purchased LanceChain tokens will be distributed immediately. LANC tokens will be purchaseable and liquidated through the smart contract immediately after the fundraiser opens however will not be transferrable until the end of the ICO.

LanceChain Roadmap

1
June 2017

Idea Genesis and Team Formation.

2
October 2017

Development Started.

3
February 2018

Bounty & Affiliate Announcement.

4
February 2018

LANC Token Pre-sale Announcement.

5
March 2018

LANC Token Main Sale Round 1.

6
April 2018

LANC Token Main Sale Round 2.

7
June 2018

Exchanges Integration.

8
Q4 2018

LanceChain Platform Launch.

9
Q1 2019

Mobile Apps Launch.

10
2020

Ongoing Enhancement & Development.

Token Sale Dates

Presale Period

Start date: May 01, 2018
End date: May 15, 2018

ICO

Start date: Oct 01, 2018
End date: Oct 31, 2018

Token Allocation

Total Token Supply 48400000

Funding Details

Soft Cap 1,000,000 USD
Hard Cap 15,413,800 USD(fiat)

Token distribution


50% LANC issued to contributors in the fundraiser
20% allocated to partnerships, community grants and public bounties
20% to LanceChain’s long-term operating budget
10% to founders, team members, advisors and early contributors.

Funds allocation


40% - Software Development
20% - LanceChain Reserve
15% - Marketing
10% - Operational Expenses
10% - Contingency
5% - Legal Expenses

Token Price and Payment Options

Token price USD 1 LANC = 0.50479589 USD
Token price ETH 1 Token = 0.000714 ETH
Accepted Currencies ETH

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