![]() | LAOCON |
LAOCON is a cyber security blockchain platform.
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What is LAOCON
LAOCON is an open platform that accumulates and verifies all sorts of cyber-related knowledge against the increasing number of attacks and methods being used in cyberspace. The LAOCON platform will help provide a blockchain technology enabled version of a bug bounty program. An application developer (whether enterprise or individual) would upload their web service or application onto the platform with a reward (LAO tokens) that incentivize white hat hackers to conduct security tests. White hat hacker(s) that succeed would provide a report on the LAOCON platform, documenting the vulnerabilities of the web service/application. The developer may decide to view the report by distributing the reward.
LAOCON Roadmap
- Market research & business basic Research
- Establishment of business structure & project team
- Issuing a token as LC token
- Publication of LP
- Publication of whitepaper (1st edition)
- Commencement of LAOCON Platform system(ß version) development
<
? Commencement of LAOCON Platform system(ß version) development
<
? Publication of whitepaper(2nd edition)
Start of LC Token Sales <
- Sales target :$ 50 million
- Sales period:3 month
Commencement of LAOCON Platform system(ß version) development
- <
- Launch of LAOCON Platform system (ß version).
- Publication of whitepaper (Final edition).
Start of LC Token Sales <
- Sales target:$ 20 million
- Sales period:1 month
Commencement of LAOCON Platform system (product version)
- development << UI & system design>>
- Total sales target: $100 million
- Total sales period: 5 month
- Preparation of listing on exchange
- Commencement of LAOCON Platform System
- Listing on exchange
- Launch of LAOCON Platform system (product version)
- LC token distribution
Token Sale Dates
ICO
Funding Details
Token distribution
5% - founder
5% - other
10% - team
40% - reserve for service
40% - offered for public sales
Funds allocation
20% - marketing
25% - System Development
10% - management
5% - legal
15% - advisor
8% - founders
17% - tax










