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Litenett

ICO
Litenett bounty

Litenett is both a social network and a large media resource with its own payment
system. The service rewards active user behaviour and allows the use of social
communication channels to promote goods and services.

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Overview

Project industryBlockchain Infrastructure
Product typeDApp
WhitepaperLitenett White Paper Open

What is Litenett

We will make cryptocurrency interesting and available to every user and business. Litenett is a social network with a payment system, marketplace and options to receive payment in cryptocurrency.

Litenett is not just a simple network to connect all social networks. It is a service that rewards active users’ behaviour, a meeting place for content sellers and consumers, and also a network that provides social communication channels to promote goods and services.

Three Pillars of the Litenett social network:

  • communication between users and their interaction with companies;
  • purchases of digital content and physical goods;
  • reward for watching ads and taking active part in actions on the network.
  • Our model gives every person the opportunity to earn by viewing ads and participating in the life and development of our community, which will undoubtedly attract millions of users, which will attract the big world brands and advertisers of different levels.

    Litenett will reward users for viewing ads. 30% of the funds received by the project from advertisers and revenue from other services will be directed for payments.

    Our platform carries one of the most important solutions to existing problems in the crypto market by integrating the decentralized crypto economy into social spheres, into everyday life, and by expanding the payment infrastructure and the ability to conduct secure crypto-payments to both advanced users and ordinary people using only a mobile application on the phone.

    For businesses, our platform will become a convenient and simple solution, allowing us to communicate directly with the end consumer. The result: saving of significant funds by eliminating intermediaries in the distribution of their product and saving up to 10% by avoiding using third-party payment systems.

    Since there will be no additional coin distribution payments to users will be made and with Litenettoken token, forcing advertisers to purchase tokens from their holders, including those who participated in ICO.

    Litenett project is, in fact, a very large media resource with its own payment system and consumers united in a social network. Our monetization model covers such areas as Music, Radio, Podcasts, Cinema, Video, and offers a platform for people's diverse communication with the ability to create personal pages, groups, videos and microblogs.

    In order to attract the smallest and largest media market players, we have created opportunities to manage their own products for music companies, cinema networks, radio stations and event companies. Having verified access to the common database, each company can deliver independently, without intermediary services, its products and services directly to the user through our platform, which will significantly reduce their expenses.

    Our project is a big credible bridge leading from an unstable market to a safe and stable investment bank, where market participants will have the opportunity to save and increase their capital.

    Details

    Pre-sales: May 14, 2018 - Jan 20, 2019
    Public sales: Jan 25, 2019 - Feb 28, 2019
    Token supply: 100,000,000
    Soft cap: 1,500,000USD
    Hard cap: 30,000,000 USD
    Raised: 2,450,000 USD

    Legal

    Registration country: Germany
    Office address: 67433 Neustadt, HRB 64860, District Court Ludwigshafen am Rhein

    Token info

    Ticker: LNT
    Type: Utility-token
    Token price in USD: 1 LNT= 0.55 USD
    Accepted currencies: ETH,BTC,EUR,USD
    Bonus program:
    Pre-sale 1 (14 May 2018 - 21 May 2018) - up to $0.25 (75%)
    Pre-sale 2 (28 May 2018 - 10 June 2018) - up to $0.25 (75%)
    Pre-sale 3 (25 June 2018 - 01 July 2018) - up to $0.30 (70%)
    Pre-sale 4 (27 Sept 2018 - 11 Nov. 2018) - up to $0.35 (65%)
    Pre-sale 5 (19 Nov. 2018 - 16 Dec. 2018) - up to $0.40 (60%)
    Pre-ICO (24 Dec. 2018 - 20 Jan. 2019) - up to $0.45 (55%)
    ICO (25 Jan. 2019 - 27 Feb. 2019) - up to $0.55 (45%)
    Token distribution:
    50% – Tokens Buyers
    5% – Team
    10% – Founders
    32% – Reserve fund
    3% – Rewards, Bounty: early supporters
    Funds allocation:
    25% - Project Development
    15% - Payment System Pevelopment and Licensing
    25% - Reserve Fund
    10% - Research & Development

    Litenett Roadmap

    1
    Q1 2013

    Start of work on the project.

    2
    Q3 2014

    The main music portal MVP is launched.

    3
    Q4 2014

    Testing and working on errors;
    Changing the project structure;
    Designing a social network;
    Start of developing new functionality.

    4
    Q3 2016

    Dashboards for users and companies are launched.

    5
    Q4 2016

    Development of portal mobile version.

    6
    Q1 2017

    Testing and launching functionality for companies - content management.

    7
    Q2 2017

    Designing mobile application for Android and iOS.

    8
    Q3 2017

    Testing and elaborating mobile version;
    Ability to upload and send photos, videos and music.

    9
    Q4 2017

    Launching and testing chat, correcting bugs;
    Testing functionality of groups creating;
    Launching functionality of user verification;
    Developing "Marketplace" functionality and ability to create an online shop.

    10
    Q1 2018

    Start of work on ICO implementation;
    Preparation and implementation of Pre-ICO;
    Preparation and implementation of ICO.

    11
    Q2 2018

    Increase in personnel;
    Extesive work on all sections of portal;
    Work on monetization system (encouraging users through advertising);
    Launching and testing all languages;
    Designing payment system and creating a next-generation Blockchain.

    12
    Q3 2018

    Developing of automatic advertising system;
    Testing of a new database;
    Testing of creating an online shop functionality;
    Launching and testing Friends section;
    Combining of all sections and testing of platform;
    Working on bugs and correcting errors;
    Testing of mobile application for Android and iOS.

    13
    Q4 2018

    Launching of social network Litenett;
    Launching of mobile application for Android and iOS;
    Work on improving platform functionality;
    Testing of cryptocurrency wallet;
    Testing of payment system;
    Extensive marketing campaign.

    14
    Q1 2019

    Network scaling for millions of users;
    Launching of a new Blockchain and platform transition to new payment system;
    Obtaining of banking license for legal financial transactions in cryptomarket;
    Exchanging of tokens for new digital cryptocurrency;
    Integrating of new digital coins with stock exchanges.

    Project team

    Alexej Karpov
    Alexej Karpov
    CEO - Lead Engineer & Founder
    Alexej Karpov linkedin
    Waldemar Degner
    Waldemar Degner
    Analyst and marketer
    Waldemar Degner linkedin
    Elena Degner
    Elena Degner
    Financial Analyst and Advisor
    Elena Degner linkedin
    Lilia Bauer
    Lilia Bauer
    Content manager & contacts with customers
    Lilia Bauer linkedin
    Romanchenko Roman
    Romanchenko Roman
    Lead developer & Engineer
    Romanchenko Roman linkedin
    Vladimir Dzyubanov
    Vladimir Dzyubanov
    Lead developer & Project developer
    Vladimir Dzyubanov facebook
    Alexey Seleznev
    Alexey Seleznev
    Web Designer & Project developer
    Alexey Seleznev facebook
    Albina Chernozhukova
    Albina Chernozhukova
    Frontend developer
    Albina Chernozhukova facebook
    Karpov Vitalij
    Karpov Vitalij
    Java developer & system administrator
    Karpov Vitalij linkedin

    Social media

    Litenett web-siteLitenett MediumLitenett TelegramLitenett BTCTalkLitenett LinkedInLitenett X (Twitter)Litenett FacebookLitenett Github

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