Lition

Lition

ICO Ended
16,165 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
MeconCash
We intend to develop MeconCash into a platform that allows user’s assets to be transferred and traded between different types of services by integrating point reward systems, contents purchase, and settlement, which are currently operated separately between existing services and those under development. To that end, we will build the reward and settlement system, develop the API to connect it with other services, and build an ecosystem that can be used in the on- and off-line real economy. All this will ensure the usability, connectivity, and sustainability of MeconCash. We will develop a variety of mobile-based applications, games, and contents on the platform and link it with such services as online marketplaces where users can purchase products. The reward system used by a service generally invalidates the rewards owned by users when the service is terminated. MeconCash, however, can transform the rewards obtained from using our services into valuable assets. As such, users will be able to fulfill the demand for new services with MeconCash even when the services they use are terminated, make transactions between them, and use the assets in the real economy. We will stabilize the MeconCash ecosystem by developing new blockchain-based businesses and linking it with external services which already exists. Additionally, MeconCash will be available in 70% of ATMs in Korea so that users can directly withdraw MeconCash to fiat money.
Upcoming
EZ Exchange
EZ Exchange has brought together the best talent across a number of disciplines to create an exchange like no other. EZ Exchange’s unique platform puts traders first, ensuring that users never deal with substandard security or a poor user experience when trading cryptocurrency. EZ Exchange is committed to making cryptocurrency accessible and secure for all. Traders will have access to a comprehensive suite of training and support options to answer any questions or concerns they may have. And the EZ Exchange team is working with regulators to be fully compliant with recognized global security standards. With a simple and intuitive interface, robust customer support and industry-leading security, EZ Exchange is removing the barriers to entry for new traders and paving the way for cryptocurrency mass adoption.
Upcoming
Fan360
The first sports community for fans, that covers the complete fan experience. Follow your favourite sports star, club or brand and get rewarded for engaging.
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
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.
Upcoming
Coolomat
Coolomat Market will change the online e-commerce grocery sector with an innovative approach connecting customers and producers, big and small, over a new innovative online platform utilizing blockchain technology and open source software. A big “game changer” is the connection to physical click & collect pick up point devices – Coolomats. Our devices present the first and the only worldwide network of such kind.