LAOCON logo

LAOCON

Status
ICO

LAOCON is a cyber security blockchain platform.

LAOCON White Paper Whitepaper

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NA
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User Rating
Medium
3/5 1 votes
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Ticker
LAO
Type
Security
Registration countrySingapore

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

1
2018 Apr.

- Market research & business basic Research
- Establishment of business structure & project team

2
2018 Aug.

- Issuing a token as “LC token”
- Publication of LP
- Publication of whitepaper (1st edition)
- Commencement of LAOCON Platform system(ß version) development
<>

3
2018 September.

? Commencement of LAOCON Platform system(ß version) development
<>
? Publication of whitepaper(2nd edition)

4
2018 October.

Start of LC Token Sales <>
- Sales target :$ 50 million
- Sales period:3 month
Commencement of LAOCON Platform system(ß version) development
- <>

5
2018 December

- Launch of LAOCON Platform system (ß version).
- Publication of whitepaper (Final edition).

6
2019 February. Public Sales.

Start of LC Token Sales <>
- Sales target:$ 20 million
- Sales period:1 month
Commencement of LAOCON Platform system (product version)
- development << UI & system design>>

7
2019 March

- Total sales target: $100 million
- Total sales period: 5 month
- Preparation of listing on exchange

8
2019 April.

- Commencement of LAOCON Platform System

9
2019 June.

- Listing on exchange
- Launch of LAOCON Platform system (product version)
- LC token distribution

Token Sale Dates

ICO

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

Funding Details

Soft Cap 10,000,000 USD
Hard Cap 100,000,000 USD

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

Token Price and Payment Options

Token price USD 1 LAO = 0.1 USD

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