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LipChain (LIPS)

ICO

The idea behind LIPCHAIN is to provide the community with best possible conditions for practicing surfing. LipChain is creating an App for surfers and sailors to post their videos and photos and in turn earn tokens. According to the rating that the picture or video will get from the community, a surfer can expect to receive up to 840€ per month thorugh this basic sponsoring program.

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Overview

Project industryEvents & Entertainment
Product typeEcosystem

What is LipChain

LipChain is a decentralized ecosystem providing surfers with sponsors, unofficial competitions and year-round training habitat. Surfers will be able to earn LIPS tokens by simply practicing their favorite sport and using the LipChain App to post their videos and photos. LIPS token holders have access to discounted surfing products and services. Also the broader community votes for the best surfer and may choose champions each month, Athletes earn tokens for their content from sponsors. LipChain will allocate 5% of the sponsorship income to foundations in carge of the cleaning of seas and beaches.

Details

Public sales: Mar 21, 2018 - Nov 15, 2018
Token supply: 340,000,000
Soft cap: 3,000,000USD (fiat)
Hard cap: 20,000,000 USD(fiat)

Legal

Registration country: Portugal

Token info

Ticker: LIPS
Type: Utility-token
Token price in USD: 1 LIPS = 0.1 USD
Accepted currencies: ETH
Bonus program:
ICO Period 2: 15% bonus
ICO Period 3: 15% bonus
ICO Period 4: 10% bonus
ICO Period 5: 5% bonus
ICO Period 6: 0% bonus
Token distribution:
34% - Crowdsale
6% - App Buying Content
1% - Bounty
10% - Advisory
9% - Team
5% - Surf Competition Prizes
5% - Sponsorship os Athletes
15% - Reserve Project
15% - Lipwave Pool Development
Funds allocation:
40% - Waves Pool
20% - Blockchain Wallet
15% - Application Development
15% - Sponsoring
5% - Admin
5% - Legal

LipChain Roadmap

1
November 2016

In is concluded that the creation of a digital coin would make sense to add to the worldwide surfing community.

2
February - November 2016

Dissemination of the concept with several national surfers.Encrypted currency development.

3
January 2018

Launch of LIPCHAIN in the market through ICO.

4
February - March 2018

To buy a boat and to create the sailing team to beat the world rcord. To start the sponsoring of sailing activities.

5
April – May 2018

To develop the sponsorship for regatta and sailing team both adult & junior.

6
September 2018

Launch of the APP Captivation of all outsiders.

7
October 2018

Communication, adverting and promotion of LIPCHAIN.

8
November 2018 - April 2019

To end the ICO, in the case the hard-cap is not reach before the end.

Project team

Pedro Marvão
Pedro Marvão
C.E.O
Pedro Marvão linkedin
João Schaller
João Schaller
C.F.O
João Schaller linkedin
Victor Costa
Victor Costa
CHIEF PROJECT ENGINEER
Victor Costa linkedin
António Rodrigues
António Rodrigues
PROJECT MANAGER
António Rodrigues linkedin
João Monteiro
João Monteiro
FINANCE & BANK
João Monteiro linkedin
Frederico Ferreira
Frederico Ferreira
C.T.O. LIPWAVE POOL
Frederico Ferreira linkedin
Parvesh Aggarwal
Parvesh Aggarwal
BLOCKCHAIN EXPERT
Parvesh Aggarwal linkedin
Pankaj Kumar
Pankaj Kumar
SMART CONTRACTS, DAPPS
Pankaj Kumar linkedin
Atul Kumar Srivastav
Atul Kumar Srivastav
BLOCKCHAIN CONSULTANT
Atul Kumar Srivastav linkedin
Pedro Das Neves
Pedro Das Neves
SAILOR & WATER SPORT ENTHUSIAST
Pedro Das Neves linkedin
Manuel Tavares
Manuel Tavares
FINANCE & SAILINg
João Ferreira
João Ferreira
NATIONAL PORTUGAL YOUNG ATHLETES HEAD COACH
João Ferreira linkedin

Social media

LipChain web-siteLipChain RedditLipChain MediumLipChain TelegramLipChain BTCTalkLipChain LinkedInLipChain TwitterLipChain Facebook

User rating:

5/5 ( 1 )
0

LipChain rating

8.3
Claim admin rights for this project
ICObench3.7 / 5LipChain (LIPS) icobench
ICOholder3.7 / 5LipChain (LIPS) icoholder
ICObench8.4 / 10LipChain (LIPS) icomarks
LipChain NEWS

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