Lition

Lition

ICO Ended
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Lition is developing the only scalable public-private blockchain with deletable data features, made for commercial products. Designed with Lition's live P2P trading use case, and co-innovated with SAP. Lition, in co-innovation with SAP, is a foundation that develops the next generation blockchain infrastructure designed for businesses to bring blockchain applications from their currently predominant Proof-of-Concept stage into commercial products with mass-market adoption in a legally compliant way. Our infrastructure is the only scalable public-private blockchain with deletable data features. SAP, a company with >400.000 customers and the power of >10.000 developers, is developing the decentral ledger and smart contract layer, with Lition providing the open consensus layer.
9.3
TOTAL SCORE
8.5
ICO PROFILE

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General
Website: Visit
White paper: Read
ICO Time: 18 Mar 2019 - 26 Mar 2019
Whitelist/KYC: Whitelist + KYC
Country: Liechtenstein
Token info
Ticker: LITION
Platform: Ethereum
Token Type: ERC20
Available for sale: 80,000,000 LITION (50%)
Financial
Raised $ 4,900,000
ICO Price: 0.1000 USD
Accepting: BTC, ETH
Soft cap: 2,000,000 USD
Hard cap: 5,000,000 USD
Q4 2017
Company incorporated;<br /> <br /> Initial Fundraising;<br /> <br /> Licensing process for electricity supplier initiated'<br /> <br /> Alpha version of app;<br /> <br /> First partnership initiated.
Q1 2018
License as an electricity supplier obtained in Germany;<br /> <br /> Beta version of P2P energy trading app;<br /> <br /> First green power plants connected to Lition Energy Exchange;<br /> <br /> First employees on board (4 internal and 6 external).
Q2 2018
Mass market ready (>41 million households);<br /> <br /> Scaling up connected green power plants to 18 GWh in Germany;<br /> <br /> Smart reader integration;<br /> <br /> Business requirements for blockchain specified;<br /> <br /> Design of blockchain architecture;<br /> <br /> Technical advisory SAP.
Q3 2018
Use case for P2P applied for energy retailing piloted;<br /> <br /> Leading energy partners on board;<br /> <br /> 25 people at Lition;<br /> <br /> Office in Beijing opened;<br /> <br /> Technical WP released;<br /> <br /> Blockchain prototype;<br /> <br /> Development with SAP started.
Q4 2018
Seed funding round completed;<br /> <br /> Commercial expansion of P2P Energy trading use case;<br /> <br /> Support of German Blockchain Law makers enabling STOs in Lition Blockchain.
Q1-Q2 2019
Testnet 1.0 public release ;<br /> <br /> P2P expansion to large industrial clients;<br /> <br /> Smart grid use case launch;<br /> <br /> Energy-data driven use case launch;<br /> <br /> 1st use case migrated;<br /> <br /> Testnet 1.0 public release;<br /> <br /> dApp Partners onboarded;<br /> <br /> Team Scale-Up.
Q3-Q4 2019
Growth of partner network within energy sector;<br /> <br /> First pilots of regulated industries outside energy;<br /> <br /> Mainnet 1.0 public release;<br /> <br /> Testnet update;<br /> <br /> Large-scale user migration.
2020
Large-scale marketing for ecosystem;<br /> <br /> Worldwide commercial, large-scale use cases of industries<br /> <br /> outside of energy (healthcare, finance);<br /> <br /> Mainnet 2.0 public release with full set features.
Screenshots taken on 31 Oct 2018
Stephan Vogel
Business Development Manager
Participates in a number of projects
Stephan Bialek
Head of Finance & Operations Manager
Participates in a number of projects
Benni Wörpel
Blockchain Marketing Manager
Participates in a number of projects
Chris Kilchling
Brand & Design Manager
Participates in a number of projects
Susanne Hößler
Senior Data Analyst
Participates in a number of projects
Amy Xiao
Marketing & Community Manager
Participates in a number of projects
Richard Lohwasser
Co-Founder & CEO
Participates in a number of projects
Kyung-Hun Ha
Co-Founder & COO
Participates in a number of projects
Manfred Gabriel
Board Member
Participates in a number of projects
Jan Wiedenhaupt
Board Member Legal/Finance
Participates in a number of projects
Reinhard Lohwasser
Board Member Technology
Participates in a number of projects
Nastassia Metselitsa
Scrum Master
Participates in a number of projects
Aliaksandr Zimakou
Blockchain & Frontend Developer
Participates in a number of projects
Artur Basak
Lead Frontend Developer
Participates in a number of projects

Advisors (5)

Sang-Seop Lee
Advisor Blockchain & Energy Use Cases
No participating data
Markus Bick
Advisor for Research
Participates in a number of projects
Eddy Travia
Advisor Digital Token Economy
Participates in a number of projects
Jürgen Müller
Technology Advisor
Participates in a number of projects
Kelly Ford
Sales & Marketing Advisor
Participates in a number of projects
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