Lition

Lition

ICO Ended
16,485 Views
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

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
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
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Shipit
Shipit — is a community of senders and travelers united by the mobile app that helps the former ship packages and the latter make extra money while traveling. Shipit is a symbiosis of best ideas and practices of courier, crowdsource and crowdshipping services. We have synthesized the best business practices to create a revolutionary and unique service. Just as Uber and BlaBlaCar have already become a part of our daily lives, Shipit is going to become an irreplaceable tool for shipping. It is the first app of its kind that will use smart contracts and blockchain as a native tool to make people lives easier all around the world. By implementing Shipit tokens and using the blockchain we want to build relationships between users based on transparency, safety and ease of tracking for all deliveries on the platform. While courier services are becoming more expensive, Shipit allows users to ship and track open packages at lower costs and risks. Shipping has never been easier.
Upcoming
Svandis
The Svandis ecosystem is driven by a community of users and researchers using powerful Svandis tools, analytics, and indicators for professional traders in need of real-time, actionable data and analyses. The Svandis community drives the rapid collection of verifiable data and information through a tokenized incentive system. The platform within the ecosystem provides leading financial research, analytical and visualisation tools for anyone actively involved in the space: short-term and swing traders, traditional holders, analysts, hedge funds, institutional investors, trading firms, and token sale contributors.
Upcoming
Gym Rewards
The GYM rewards app rewards you for exercising at the GYM by introducing Proof of Exercice to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges.
Upcoming
Ultrain
Ultrain Technology Limited is the next generation public-blockchain technology venture that focuses on building a high performance decentralized blockchain platform through its programmable tech-infrastructure. Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. With its groundbreaking innovations in cryptography and based upon a complete decentralized public network, Ultrain is able to provide multi-folds more advanced technical performance to fundamentally solve the performance and scalability issues comparing to other traditional public blockchain platforms.
Upcoming
TillBilly
TillBilly aims to bring blockchain to the mainstream retail. TillBilly is a Stellar based digital payments network with a unique point of sale hardware terminal that empowers everyday shoppers to make contactless payments, automatically get digital receipts (tax invoices) and collect loyalty reward points, without the complexity or price volatility associated with cryptocurrencies TillBilly bypasses the middlemen Merchant Services providers (card processing companies, payment gateways) who charge high processing fees per transaction (1.5% - 3.5%) and provides an ultra low fee payments network, so the shopper pays less, and the merchant gets more Protects both shoppers and merchants against any cryptocurrency price volatility. Provides a seamless way of funding wallets within app, and making payments through our proprietary tap-and-go (NFC) payment terminals. Complexities of blockchain and cryptocurrencies are hidden from shoppers and merchants.
Upcoming
Vidy
Vidy is the world's first decentralized ad network, powered by the ethereum blockchain. Vidy's ad platform allows advertisers to embed video ads directly into hyper-relevant website text, improving user experience, ad conversions and publisher payments. With just a hold, users can now reveal tiny hyper-relevant videos embedded in the text of any page on the web, unlocking a whole new dimension of the internet. All ads are placed with an NLP consensus protocol driven by miners. With a team of veteran engineers, industry-leading advisors and world-class brand partners, Vidy is on it's way to reinventing online advertising, e-commerce, and entertainment.