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#Blockchain, #Business to Business All projects

Libellum: Instant Supplier Verification

It is the world's most innovative supply chain of custody Platform for product certification, testing and compliance

stage Ended crowdsale

3.3 Rating

by 4 users


    KPLs

    • Employees8

    Team

    5
    man Manuel Becvar

    CEO & Co-founder

    Manuel is our CEO & Co-founder. He has been living and working in Hong Kong since 2005; working in the retail and manufacturing industry since 1998. He worked in Hong Kong as a Product Manager for one of Europe’s largest retailers in charge of 35,000,000US$ turnover. During his time in Hong Kong and China, Manuel built a large network of manufacturers and testing companies. Upon founding his own eCommerce and trading company in 2014 he later started an educational online blog (ImportDojo) in 2015, making it his mission to help people purchase safely from manufacturers in Asia. In 2016 Manuel co-founded a sourcing company (AsiaInWest) based in Hong Kong helping customers around the world finding legitimate and quality suppliers in Asia for their products. Manuel has been speaking publicly at large events across the world on the topic of manufacturing and eCommerce. Frustration with illegitimate suppliers, confused and helpless new importers eventually lead him to start Libellum in 2018. His goal is to make supplier verification simple and easy, even for the in-experienced. Manuel is responsible for building the partnerships amongst all parties and overall project lead.

    man Duncan Cassar

    COO & Co-Founder

    Duncan is our Co-founder & Chief Operations Officer. Prior to co-founding Libellum he worked with Manuel on several projects as part of ImportDojo as well as having built his own eCommerce brand selling on Shopify and Amazon USA. Duncan is a social media and brand building expert. Apart from running our development and platform phase, he is in charge of our brand awareness and social communication.

    man Stanko Ćulaja

    Lead Software Engineer

    Stanko hails from Serbia with over 6 years of experience in several programming languages. He is heading our Software and Development team.

    man Danijel Jurjević

    Software Engineer

    Daniel has 6 years of web & software development and is based out of Serbia. He is part of our core developer team.

    man Nikola Potrebić

    Software Engineer

    Nikola is part of our core development team. Prior to joining Libellum as a software engineer he has been programming in C# and Java for Schneider Electric.


    Advisors

    3
    man Stefan Stoeckli

    Independent Advisor

    Stefan acts an as an independent advisor for the Libellum project and has over 20 years of experience working in sales, marketing, and business development positions for startups, SMEs and large multinational corporations. He is passionate about the value the distributed ledger technology (DLT) will unleash in corporations during the next decade. The last 6 years he supported Intel, a leader in the semiconductor industry, to turn ideas into sustainable sources of profits focusing mainly on IoT and the retail industry. Prior to Intel he worked at Canon and Samsung. He has outstanding knowledge in project management for major corporations which is essential to our project’s deadlines and completion.

    man Patrick Som

    Technology Advisor

    Patrick has 15 years experience in the fields of information technology and software engineering. He was a Senior Business Analyst for the global network services at UBS. He designed, built, and maintained cutting edge IT infrastructure with the focus on secure and scalable database architectures and cross-border client applications. After 8 years at UBS he joined CSC, a global IT service provider, as Global Lead Process Architect for the UBS account. Until February 2018, Patrick worked for Swisscom as Product Manager. During this time, he was responsible for the creation of a multi-million Dollar B2B platform which is currently used by more than 5000 businesses. On top of this, he was the transformation lead for the Swisscom Enterprise Online Experience organisation.
    In May 2018, he founded Matka AG, with the vision to create a team of high performing individuals which can solve problems companies face today. Matka is a collective of highly curious, critical thinking, agile software engineers with expertise in the fields of AI, Blockchain and IoT. Matka is supporting the Libellum project with software engineering and integration support for Libellum customers. He is very excited about the value the Distributed Ledger Technology (DLT) will bring to businesses during the near future.

    man Benjamin Buergi

    Legal Advisor

    Benjamin is our independent legal advisor based in Switzerland. He currently works at Blocklogix.com which is the training and consulting company of Bitcoin Suisse AG. Benjamin has worked in the legal field for many years having occupied positions at UBS Switzerland as well as the Financial Market Authority (FMA) in Liechtenstein. He is a Blockchain enthusiast and speaks at large international events on the topics of Blockchain and related technologies.




    Crowdsale details

    Distribution of tokens
    • Crowdsale (40%)
    • Libellum Limited (25%)
    • Research & Development (15%)
    • Early Investor Program (10%)
    • Bounty Program & Marketing (5%)
    • Advisors (5%)
    Budget allocation
    • Development (40%)
    • Marketing (15%)
    • Administrative (5%)
    • Team Hiring (40%)
    Details Indicators
    Token Symbol LIB
    Full Token Name LIB token
    Pre-crowdsale Start September 1st, 00:00 GMT+03:00
    Pre-crowdsale End September 20th, 00:00 GMT+03:00
    Crowdsale Start September 20th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or October 20th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $3200000
    Crowdsale Soft Cap Yes, $2000000
    Domain owner Individual

    Cost of the token

    1 token for 0.1 $

    Price without discounts

    Discounts and Bonuses

    Pre-crowdsale
    Discount Dates Minimum purchase amount
    20% September 01 — 20, 2018

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    4
    William Anderson August 31, 2018
    Rating of project
    3.3

    Advantages

    According to the road map the team is in negotiations with one of the top 10 firms in this same particular venture as an investor this should speak volumes and from the success of these talks the benefits will be enormous. Suppliers are given unique and encrypted IDs which shall offer confidentiality to there credentials.

    Risks and disadvantages

    The discounts offered are not compititve at all and are likely to tantamount into the project being a lesser priority to the investors.

    Comments

    The transparency to be offered to the market will be welcomed and also suit the demand this as a measure for the reduction of fraud on the market at large.

    Sofia Medda August 28, 2018
    Rating of project
    3.2

    Advantages

    There is a reliable market research and a detailed information about the target audience. The information about a supplier can be required quite often, so the idea of the project is relevant, I think many people and businesses will find this service useful.

    Risks and disadvantages

    The marketing budget is quite modest, the project won't be able to launch an aggressive promoting campaign. At the same the marketing strategy is not presented, so maybe the team is still shaping it.

    Comments

    Using the platform will be quite expensive. The cost of subscription is up to $ 1000. And one time lookup is $10. Yet it's expected that people who need the information will pay for it. Even though the service is expensive and there is no awareness about the project currently and no marketing strategy, the team is trying to raise no more than $ 3,7 million. Maybe it's all about strong partnerships, which are not disclosed yet. It would be interesting to get more information about the project and to connect with the team.

    Anne Bryn August 28, 2018
    Rating of project
    3.5

    Advantages

    The team is currently in talks with some of top testing companies. Unsold tokens will be burned, so that no one can have it to manipulate the market. Airdrop in collaboration with WeStart is live, so we can expect that more people will come to know about the startup.

    Risks and disadvantages

    Listing on exchanges is not mentioned. I can only guess what are LIB's use cases...

    Comments

    The white paper shows how the startup may evolve in the future, which is interesting. If the platform will be launched and function as it is planned, then I think it can become a go to platform where people look for suppliers they can trust. From my point of view it is an attractive project.

    Denys Serhiichuk August 17, 2018
    Rating of project
    3.2

    Advantages

    The main document - Whitepaper is detailed enough with graphs and tables. Another advantage is the Roadmap. It contains precise explanation of platform development. What is more important is the working product. There is a good motivation system for people in the form of bounty program and bonuses for early investors.

    Risks and disadvantages

    There is no information about partners. Team lacks of people. The existing number of members is not enough to develop the project.

    Comments

    Overall, the idea is good. However, it is difficult to implement for now. There is no guarantee that suppliers will use Libellum for their work.


    FAQ

    Frequently Asked Questions

    What is Libellum?

    Libellum is the world’s most innovative supply chain verification platform for product certification, testing, and compliance. Libellum will make working with suppliers safe and secure - through its innovative platform. The Libellum platform will be comprised of 3 key features:
    1. Our Web platform and Mobile application will list all verified and compliant suppliers.
    2. Product Certifications made easy with our innovative L-ID system.
    3. Each supplier will get a unique and encrypted digital ID system secured by blockchain technology.
    Online sellers will be able to prove product authenticity and compliance by integrating their verified products onto leading E-commerce platforms via our Libellum Plugin. By implementing Blockchain technology, Libellum will provide a leading platform that is safe for key components in the supply chain industry, including , Importers and Exporters , Customs Officials , Product Testing Laboratories , & more.

    Do You Have a Whitepaper?

    Yes. You can download and view our Whitepaper on this website.

    Why is Libellum Important?

    Over the last 17 years our CEO has been working on educating people on safely importing from China and separating scammers from actual factories. While this is an ongoing process there are still thousands of scammers popping up every year that slip through the net and unsuspecting buyers may fall for them. Libellum solves this issue by publicly documenting suppliers and their legitimacy on the Blockchain. Libellum aims to bring together buyers, suppliers and third party testing laboratories to create more trust and transparency.

    When will the pre-sale begin and end?

    There will two (2) phases to the pre-sale:
    Early Investor Program (pre-sale phase 1): A 10% (10,000,000LIB) allocation of Libellum tokens will be available for this phase. Contributors who participate in the EIP phase can technically purchase the entire allocation (first come first serve). Investments can be made from 5ETH upwards.
    Main Pre-Sale (phase 2): 40% (40,000,000LIB) of LIB tokens will be allocated for phase 2 of our pre-sale. Funds raised during phase 2 will be used to complete the platform, build more partnerships and raise awareness.
    Note: If any tokens remain unsold during phase 2, a public sale may be conducted until all available tokens are sold (50,000,000 LIB tokens) at 0.1$/LIB.

    How do I participate in the pre-sale?

    Please register here: https://libellum.io/ and we will be in contact after for next steps.
    Note: We will ONLY contact you from [email protected], all other addresses may be fake and/or a spam attempt. Please contact us if you are concerned. Pre-sale participants must upload KYC documentation and wait for approval from Libellum to be able to participate.

    Are any countries restricted from participating?

    Citizens of the US, Canada, New Zealand, Singapore, Vietnam, and China may NOT contribute in the sale. Participants from The Hong Kong Special Administrative Region (HKSAR) are NOT excluded from the sale.

    Will there be pre-sale bonuses?

    Yes, pre-sale bonuses are as follows:
    Early investor program phase bonus will be at a rate of 0.05$ per token (50% discount).
    Pre-Sale Phase 2 bonus will be at a rate of $0.08USD per token (20% discount).

    Is there a contribution minimum for the pre-sale?

    Early Investor Program requires a minimum of 5ETH (Ethereum) to participate (=1LIB @0.05$).
    Main Pre-Sale phase requires no minimum investment (=1LIB @0.1$).

    Is there an address I should send my contributions to?

    We will provide necessary information after a registration is submitted. Please make sure the person you are dealing with has an official Libellum email address “@libellum.io”. If you are unsure, please message an admin on our official Telegram Channel.
    ***NOTE***  —  please make sure you do not send any contributions to addresses provided in private messages. We will NEVER contact you in this type of form. Please make sure to always message an admin if unsure.

    Will there be a Public Token Sale?

    If there remain some unsold tokens AFTER phase 2 sale we may run a public token sale at a price of 0.1$/LIB.

    What is the Libellum token symbol?

    Libellum tokens (ticker: LIB) are the lifeblood of the Libellum ecosystem. LIBs are smart contract tokens built to the ERC20 token standard. They are necessary for discounted subscription fees on our platform, access to our Verified Manufacturer Database, and ECommerce API usage. While we will accept several FIAT and credit card payments to our platform we will give discounts to our subscription by using LIB tokens

    What currencies can we contribute with?

    You can contribute with ETH.

    What is the total token supply?

    The total token supply will be 100,000,000 LIB tokens.

    Will there be an airdrop or bounty program?

    At this time, no official bounty program has been announced. However, a bounty program is in the works in the near future.
    You can sign up to our newsletter here for updates.

    What will happen to all unsold tokens?

    Unsold tokens will be burned.

    What will be the price per LIB token?

    1 LIB token = $0.05USD (private investors), $0.08USD (pre-sale), $0.1USD (public sale).

    How will the price be determined? Will it be pegged?

    The price will be accounted for at the time it hits the Libellum wallet.

    What is the token allocation?

    The token allocation will be:
    10%: Early Investor Program (10,000,000 LIB)
    40%: Pre-Sale & Public Token Sale (40,000,000 LIB)
    25%: Libellum LTD (15% Reserve Fund & 10% Team = 25,000,000 LIB Total)
    5%: Bounty (5,000,000 LIB)
    15%: Research & Development (15,000,000 LIB)
    5%: Advisors(5,000,000 LIB)

    What is the hard cap?

    he hard cap for the Libellum sale is as follows:
    Early Investor Program (phase 1): 500,000 $
    Pre-Sale Phase 2: 3,200,000$

    Can you clarify the token economics for the project?

    Below are the token metrics of the Libellum project:
    Maximum Possible Token Supply: 100 million LIB
    Early Investor Program: Average Price $.05/LIB
    Presale: $.08/LIB
    Public Sale: $.10/LIB
    In addition, there are planned lock-up periods for Early Investors & Presale contributors
    Early Investor Lockup: 50% upfront and 50% unlocked after 6 months.
    Pre-sale Lockup: 50% upfront and 50% unlocked after 3 months.
    Company Lockup: Tokens are unlocked after 12 months.

    Why are you “only” trying to raise 3,700,000US$ when most Blockchain projects try to raise 10 times this amount?

    We believe in our product and our partnerships and we don’t need to "over finance" ourselves. Technically speaking this project is simple to execute (programing) and we don’t need “more” money to build the platform.We have all technical aspects covered and are confident that we simply don’t need “more money considering it will be live within 6-8 months”.

    Our CEO’s 13 years based in China and excellent network with third party testing companies already saves us money we would need to attract big partners. About 80% of the funding goes into the development and staff we need. We believe that the need for our platform is immense and that once its live and fully functional it will sustain itself with our revenue model.
    Among all the future and preliminary partners we spoke with (and we spoke only with the big ones)

    What will happen to unsold tokens?

    Once the $3.7 million hard cap is reached, Libellum is planning to eliminate the remainder of the tokens not sold in the sale. For example, if 40m tokens are sold out of 50m, the remaining 10m tokens will be eliminated from the total supply of LIB tokens.

    Are any countries restricted from participating?

    Citizens of the US, Canada, New Zealand, Singapore, and China may not contribute in the sale. Participants from The Hong Kong Special Administrative Region (HKSAR) are not excluded from the sale.


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