Login Lition (LITION)
Description
Lition is developing the only scalable public-private blockchain with deletable data features, made for commercial products. This state of the art protocol enables blockchain-based applications to step out of their current niche into commercial mainstream deployment. To create the standard blockchain for business, Lition is co-innovating with SAP, the world's largest maker of business software. By combining a permissioned distributed storage engine from SAP with Lition's permissionless consensus system, we're giving businesses a high-throughput, low-latency private transaction solution with public validation for select records.
| Full Name | Lition (LITION) |
|---|---|
| Start Date | 2018-01-04 |
| Algorithm | ETH Token |
| Proof Type | N/A |
| Website | www.lition.io/ |
| @Lition_Block | |
| N/A | |
| N/A | |
| Block Number | N/A |
| Block Time | N/A |
| Block Reward | N/A |
| Previous Total Coins Mined | N/A |
| Net Hashes Per Second | N/A |
ICO Details
Lition is developing the only scalable public-private blockchain with deletable data features, made for commercial products. This state of the art protocol enables blockchain-based applications to step out of their current niche into commercial mainstream deployment. To create the standard blockchain for business, Lition is co-innovating with SAP, the world's largest maker of business software. By combining a permissioned distributed storage engine from SAP with Lition's permissionless consensus system, we're giving businesses a high-throughput, low-latency private transaction solution with public validation for select records.
Team:
- Dr. Richard Lohwasser: CEO.
- Dr. Kyung-Hun Ha: Co-Founder & COO.
- Dr. Manfred Gabriel: Board Member.
Lition ICO began on March 1st, 2019. The ICO token supply represents 50% of the total token supply, so there is a total of 80,000,000 tokens available, for 0.10 USD each. The ICO funding target is 5,000,000 USD, the funding cap is 8,000,000 USD and is expected to end on March 31st, 2019 or when the funding cap is reached.
Token Reserve Split (50%):
8% PR & Community;
11% Team;
25% Support Ecosystem;
6% Ecosystem Developers.
| ICO Status | Finished |
|---|---|
| Token Supply | 80000000 |
| Start Date | 2019-03-01 |
| End Date | 2019-03-31 |
| Fund Raised (BTC) | N/A |
| Fund Raised (USD) | N/A |
| Start Price (USD) | 0.10 |
| Security Audit Company | N/A |
| ICO Legal Form | N/A |
| ICO Jurisdiction | Liechtenstein |
| Legal Advisers | N/A |
| Blog | https://medium.com/lition-blog |
| White Paper | www.lition.io/docs/Lition_Whitepaper.pdf |
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