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Lition

ICO start in 9 days
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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.
8.9
TOTAL SCORE
8.1
ICO PROFILE

(weight: 45%)

10
SOCIAL ACTIVITY

(weight: 35%)

9
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
ICO Time: 01 Mar 2019 - 31 Mar 2019
Whitelist/KYC: Whitelist + KYC
Country: Liechtenstein
Token info
Ticker: LITION
Platform: Ethereum
Token Type: ERC20
Available for sale: 250,000,000 LITION (50%)
Financial
ICO Price: 1 LITION = 0.10 USD
Accepting: BTC, ETH
Soft cap: 2,000,000 USD
Hard cap: 8,000,000 USD
Q4 2017
Company incorporated;

Initial Fundraising;

Licensing process for electricity supplier initiated'

Alpha version of app;

First partnership initiated.
Q1 2018
License as electricity supplier in Germany obtained;

Energy trading platform beta-test;

First green power plants connected to Lition Energy Exchange;

First employees on board (4 internal and 6 external).
Q2 2018
Lition tarrifs are available to mass-market (>41 million households);

First Customers connected (household and SMEs);

Scaling up connected green power plants to 18 GWh in Germany;

Integration of smart reader use case;

Business requirements for blockchain infrastructure specified;

Design of technical blockchain architecture initiated;

Technical advisory with SAP starts.
Q3 2018
Use case for electric vehicles piloted (with Chinese

partner);

Use case for P2P applied for energy retailing piloted (with

Asian partner);

Leading energy partners onboarded;

Lition staff grows to 25 (internal and external);

Lition representative office opened in China;

Technical whitepaper released;

Blockchain prototype;

Development with leading tech partner starts.
Q4 2018
Commercial readiness for electric vehicle charging use case

(with Chinese partner);

Launch of time-sensitive tariffs for customers with smart

readers;

Expansion to Asian partners with P2P use case;

Testnet MVP ready;

Testnet blockchain API;

Testnet Dev. Toolkit, Dev&Admin release.
Q1-Q2 2019
Expansion of P2P trading use case also for large industrial

clients;

Launch of smart grid use case;

Launch of energy-data driven recommendation use case;

Testnet 1.0 Public release;

First use cases migrated

dApp Partners onboarded;

Team Scale-Up.
Q3-Q4 2019
Growth of partner network within Energy sector;

First pilots of regulated industries outside Energy sector

that deal with private data;

Mainnet 1.0 Public release;

Testnet Update;

Large-scale use case migration.
2020
Large-scale marketing for ecosystem;

Worldwide commercial, large-scale use cases of industries

outside of Energy (mainly Healthcare, Finance);

Mainnet 2.0 Public release with full set of features.
Screenshots taken 31 Oct 2018
Stephan Vogel
Business Development Manager
Stephan Bialek
Head of Finance & Operations Manager
Benni Wörpel
Blockchain Marketing Manager
Chris Kilchling
Brand & Design Manager
Susanne Hößler
Senior Data Analyst
Amy Xiao
Marketing & Community Manager
Qinwei Hao
Managing Director Lition China
Richard Lohwasse
Co-Founder & CEO
Kyung-Hun Ha
Co-Founder & COO
Manfred Gabriel
Board Member
Jan Wiedenhaupt
Board Member Legal/Finance
Reinhard Lohwasser
Board Member Technology
Nastassia Metselitsa
Scrum Master
Aliaksandr Zimakou
Blockchain & Frontend Developer
Jan-Patrick Schulz
UX/UI Expert
Artur Basak
Lead Frontend Developer

Advisors (5)

Sang-Seop Lee
Advisor Blockchain & Energy Use Cases
Markus Bick
Advisor for Research
Eddy Travia
Advisor Digital Token Economy
Jürgen Müller
Technology Advisor
Kelly Ford
Sales & Marketing Advisor
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