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Description

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 https://www.lition.io/
Twitter @Lition_Block
Facebook N/A
Reddit 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

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 https://www.lition.io/docs/Lition_Whitepaper.pdf
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