Lition
Lition (LITION)
More on ICO
Token Sale March 1, 2019 - March 31, 2019
ICOMarks Rating 8.4 / 10 ICOBench Rating 3.9 / 5
Whitelist/KYC Whitelist & KYC
Token price 1 LITION = 0.10 USD
Platform Ethereum

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.

Team members

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

ICO Advisors

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