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Website

Litebolt (LBT)

ICO

Litebolt is an Investment Fund based across 3 continents, London-UK, New York-USA and Shenzhen-China

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Overview

Project industryTrading & Investing
Product typeEcosystem
WhitepaperLitebolt White Paper Open

What is Litebolt

The main goal of Litebolt is to create an Ecosystem built upon Investment Opportunities within the Cryptocurrency Industry. This year, Litebolt will offer Litebolt Products such as mining equipment (e.g. X1), Trading Bots (e.g. RN2) and Mining Contracts (e.g SHA-256) to the market. LBT Coin will be the cryptocurrency of Litebolt, where users will be able to purchase Litebolt products such as Cloud Mining Contracts and Algorithmic Trading Bots.

With Litebolt, a user would be able to mine with LiteHash and get his earnings paid directly into his Litebolt account. From this account, the user (miner or trader) would then be able to trade his cryptocurrencies on the Litebolt Exchange directly from his Litebolt account. If needed, the Litebolt account holder would then be able to exchange his cryptocurrencies into Fiat e.g. USD, GBP, EUR etc

Details

Public sales: May 25, 2018 - Jul 15, 2018
Token supply: 37800000

Legal

Registration country: United Kingdom

Token info

Ticker: LBT
Type: Utility-token
Token price in USD: 1 LBT = 0.7 USD
Accepted currencies: ETH BTC LTC BCH
Bonus program:
ICO Phase 1: 30% bonus
ICO Phase 2: 20% bonus
ICO Phase 3: 15% bonus
ICO Phase 4: 10% bonus
Token distribution:
45% - Token Sale
20% - Future Investment Options
16% - Emergency Relief Fund
7.5% - Litebolt Reserves
6.5% - Bonus
5% - Bounties & Rewards
Funds allocation:
31.75% - Expansion/Maintenance of Mining Farm
31.75% - Litebolt X1 Development
13.23% - LiteHash and Litebolt Exchange R&D
7.94% - Community Development & Support
5.29% - Trading Bot Fund
3.44% - Development Team
3.44% - Software Upgrades and Maintenance
3.17% - Advertising and PR Campaigns

Litebolt Roadmap

1
2016

Entering a new age of digital currencies, Mr. Sebastian Gray and Mr. Krish Bhargav discussed the formation of Litebolt. Partnering with Premier Investment, Shanghai and Gold Dragon Capital, Shanghai, Litebolt was founded with the sole intention of becoming a leading crypto Investment Fund.

2
Q1 - Q2 2017

With the concept of Litebolt in fruition, large financial investments were made towards a mining facility in Northern Europe, ASIC miner production in China and the development of Algorithmic Trading Bots with Deep Learning.

3
Q3 - Q4 2017

Finalised the Litebolt X1 – The most powerful, most stylish and most efficient Scrypt miner in the World. Built several Algorithmic Trading Bots with integrated Deep Learning. Finalised plans for the expansion of our Mining Facility for the purpose of Cloud Mining Contracts.

4
Q1 2018

With aims to be the leading crypto investment fund in the World, Litebolt decided to open its doors to new investors and embark on its ICO. Along with the sales of the X1 and the preparation of future Litebolt Products, Litebolt had begun working on LBT coin – the cryptocurrency of Litebolt.

5
Q2 2018

Litebolt will have launched its ICO and X1 Sales. LBT Coin will have a total Supply of 84 million coins – unsold tokens will be burned. The X1 comes in Rose Gold, Space Silver and Matte Black with a combined total of 9000 units in Batch 1. Litebolt will begin creation of ICO investment division.

6
Q3 2018

Token Holders will be able to withdraw tokens and trade on www.Litebolt.io and listed exchanges. Delivery of the X1 will have begun. Cloud mining Contracts will be on Sale – Purchase in Fiat or LBT. Betta Litebolt Debit Card will be issued to qualified Contract Holders. Marketing of the Litebolt RN2 – Risk Neutral Trading Bot - will commence.

7
Q4 2018

Sales of the Litebolt X1 Batch 2 will have begun. Sale of the Litebolt RN2 will commence as well as productising of other Litebolt Trading Bots. As well as SHA-256 and Scrypt, Litebolt will expand mining facility for Ethereum, Decred and Monero. Litebolt will create and establish LiteHash – a Litebolt Mining Pool for top 5 Algorithms. Litebolt will begin finalising the launch of a SHA-256 and Blake 14R miner.

8
Q1 2019

Rivalling Coinbase, Litebolt will soon have a platform that allows the purchase of cryptocurrencies in Fiat. Litebolt will begin the Research and Development of a 40+ cryptocurrency Exchange. Marketing and Development of Future Litebolt Miners will begin Litebolt will create a Litebolt Investment Division that invests in Blockchain Start-ups.

9
Q2 2019

Sales of Litebolt X1 Batch 3 will commence as well as a SHA-256 miner and a Blake 14R miner. Litebolt will have finalised the development of a 40+ cryptocurrency exchange Litebolt will have begun setting up the Litebolt Hedge Fund – membership can bought with LBT. Top Cryptocurrencies can be bought and sold through Litebolt with Fiat.

10
Q3 - Q4 2019

Litebolt will begin initial investments in Litebolt Hedge Fund along with Members. Litebolt targets LiteHash to be one of the largest mining pools in the World. Litebolt will have launched a 40+ cryptocurrency Exchange – welcoming new coins.

Project team

Sebastian Gray
Sebastian Gray
CEO & Founder
Sebastian Gray linkedin
Krish Bhargav
Krish Bhargav
COO & Co-Founder
Krish Bhargav linkedin
Andrew Xin
Andrew Xin
Senior Tech Lead
Andrew Xin linkedin
Jason Smith
Jason Smith
Senior Executive
Jason Smith linkedin
Sergei Tsevni
Sergei Tsevni
Lead ASIC Designer
Sergei Tsevni linkedin

Advisors

Malcolm Gray
Malcolm Gray
Strategy
Malcolm Gray linkedin
Deepak Srinivasa
Deepak Srinivasa
ASIC Design
Deepak Srinivasa linkedin
Syed Noshahi
Syed Noshahi
MI & Reporting
Syed Noshahi linkedin
Ramya Krishnappa
Ramya Krishnappa
Software Testing
Ramya Krishnappa linkedin
Shilpa Pankaj
Shilpa Pankaj
Insurance
Shilpa Pankaj linkedin
Bharat Rajendra
Bharat Rajendra
Cloud Computing
Bharat Rajendra linkedin

Social media

Litebolt web-siteLiteboltYouTubeLitebolt TelegramLitebolt LinkedInLitebolt X (Twitter)Litebolt Facebook

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