Lition

About Lition

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.

Blockchain development is co-innovated with SAP, whose chief innovation officer Dr. Jürgen Müller is also Lition’s
advisor. SAP, a company with >400mn users and >10.000 developers, is developing the decentral ledger and smart contract layer, and Lition is providing the open consensus layer. Lition will run the public mainnet using Lition tokens issued in an ICO for transaction execution, staking and sidechain creation.

Lition is well positioned to design a blockchain infrastructure for business use, as it launched the world’s first P2P energy trading dApp that is commercially live in a mass market with real revenues and real customers in over 10 cities.

Next to this already-existing P2P trading dApp, there are many more use cases with initial implementations in the green energy space, with potential to disrupt the finance sector and beyond. Furthermore, SAP can easily implement this blockchain into their existing customer base of >400.000 making them immediately ready for blockchain use cases. It is therefore well positioned to be the standard mainnet for business applications.

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Ratings

Vlad Skakun

ICO Advisor | Investor| Marketing Specialist| Senior Analyst at Venture Fund
Rated on Feb 22, 2019

5Team

5Vision

5Product

26%weight

I like the idea of the project and the fact that it has real use cases. They have partnerships with companies from the real sector. Moreover, it is worth to mention their partnership with SAP (a German-based European multinational software corporation that makes enterprise software to manage business operations and customer relations).

The team is solid and experienced. The tokenomics looks good and reasonable. The hardcap is only $8m and they have already raised $2m on the private/seed round.

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Benchy

ICO analyzer bot

4.6ICO Profile

74%weight

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