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

Liqnet

LIQNET is a cryptoexchange, which allows to work with orders from many cryptoexchanges at once, combining their liquidity with the LEN technology (Liquidity Exchange Network). LEN collects and consolidates orders from the LIQNET exchange and from third-party sites into a single order book and makes them available for trading to all LIQNET clients. Users can make transactions at the most favorable prices with a minimum spread, and the owners of the LEN tokens receive special privileged conditions.

Place est.:
Singapore
Category:
Ticker:
LEN
Platform:
Ethereum
Status:
Ongoing
Links:
Website:

RATING

A2

Better than 56% of projects

SWOT

No SWOT

QUALITY

High

Better than 53% of projects

EXPECTED ROI

No ROI

ICO details
Date start
02/10/2018
Date end
31/12/2018
Status
Ongoing
Pre-ICO date start
07/05/2018
Pre-ICO date end
27/05/2018
Bonuses
20%
Bounty
Active
Softcap
20,000,000 USD
Hardcap
50,000,000 USD
ICO Price
1 USD
Token details
Depending on the size of collected investments, the tokens will be distributed as follows: 93,56% — ICO investors; 0,94% — private offering; 2% — bounty campaign; 3,5% — advisors.
Token distribution
The LIQNET project attracts investments by issuing its own LEN token and holding an Initial Coin Offering (ICO). The emission of the token is limited and has zero inflation, it complies with the popular ERC20 standard, and is issued in partnership with Como Capital, the author of the exclusive smart contract Smart Escrow™ that shows data on the process of the tokens distribution. The target amount attracted during the ICO is from $20 to $50 million. The tokens can be purchased with Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), Zcash (ZEC), Litecoin (LTC), Ripple (XRP), or Waves. Aſter registering an account, each new user receives a dedicated Ethereum wallet. All currencies are converted to Ethereum. Users exchange ETH to tokens by themselves and then transfer them into wallets in the investor's personal accounts. Aſter the ICO, users can withdraw tokens from the wallets in the investor's personal accounts into other wallets. In case $50 million are collected (if all tokens are sold in the first three days), 63746032 tokens will be issued. In the first three days the investors will get an additional 20% bonus, in the following three days — 10%, in the following four days — 5%. Then tokens will be sold without bonuses. Additionally, a preliminary closed sale (private offering) will be held for the pioneers of the crypto community, who will become the first clients of the LIQNET platform and receive a 100% bonus. The number of tokens sold during the private offering will be limited to 600000 LEN, which will equal to $300 thousand with no more than $50 thousand per person. The investors will receive the LEN tokens within five days aſter the end of the ICO.
Team
Roman Shirokov
Roman Shirokov

Project Manager

Vyacheslav Kasatkin
Vyacheslav Kasatkin

Co-Founder

Evgeniy Tarasenko
Evgeniy Tarasenko

Co-Founder