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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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.
DetailsPublic 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)
LegalRegistration country: Portugal
Token infoTicker: LIPS
Token price in USD: 1 LIPS = 0.1 USD
Accepted currencies: ETH
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
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
40% - Waves Pool
20% - Blockchain Wallet
15% - Application Development
15% - Sponsoring
5% - Admin
5% - Legal
In is concluded that the creation of a digital coin would make sense to add to the worldwide surfing community.
Dissemination of the concept with several national surfers.Encrypted currency development.
Launch of LIPCHAIN in the market through ICO.
To buy a boat and to create the sailing team to beat the world rcord. To start the sponsoring of sailing activities.
To develop the sponsorship for regatta and sailing team both adult & junior.
Launch of the APP Captivation of all outsiders.
Communication, adverting and promotion of LIPCHAIN.
To end the ICO, in the case the hard-cap is not reach before the end.