ICO review of Layer Protocol (): valuation, analysis, tokencost | Digital Rating Agency
Overview
Layer Protocol

Layer Protocol

Layer Protocol is a decentralised, reputation and incentive system. User’s siloed information from various companies such as Uber, AirBnB, Hotels.com can be pulled together for the mutual benefit of users as well as companies who have yet to gather enough behaviour data on the individual. Layer Protocol massively improves the relationship between asset providers and their users in terms of assessing the risk of renting to a given individual, ensuring assets are kept in good condition and offering better prices to users with a history of positive behaviour. In return, users do not just receive better deals but also a variety of rewards, offers and incentives from partner companies on the network.

Place est.:
United States
Category:
Ticker:
LRX
Platform:
Ethereum
Status:
Past
Links:
Website:

RATING

No rating

SWOT

No SWOT

QUALITY

High

Better than 53% of projects

EXPECTED ROI

No ROI

ICO details
Date start
15/07/2018
Date end
30/08/2018
Status
Past
Pre-ICO date start
Pre-ICO date end
Bonuses
20%
Bounty
Inactive
Softcap
-
Hardcap
15,000,000 USD
ICO Price
0.015 USD
Token details
Token distribution: 15% of tokens will be directed to the partner reserve, nodes and community development. 15% - for the team and advisers with the freezing of tokens for more than 2 years. And the remaining 30% - the company's reserve for the development of the team, building a partner network, etc.
Token distribution
Bonuses for investors at the stage of Private Sale are 20%, the blocking timing is 3 months and the minimum investment threshold depends on the closing speed. Hardcap - $ 15 million, tokens for sale - 40% of LRX, the total limited amount of tokens - 1 billion LRX. Based on the calculations, the price for 1 LRX at the ICO stage will be $ 0.015.
Team
Euwyn Poon
Euwyn Poon
Derrick Ko
Derrick Ko
Zaizhuang Cheng
Zaizhuang Cheng