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#Blockchain, #Internet All projects

Litenett: Multimedia Social Network

The first Network with Decentralized Payment System on Blockchain

stage Ended crowdsale

4.4 Rating

by 2 users


    KPLs

    • Employees12

    Traction

    September, 2014

    The main music portal MVP is launched

    September, 2016

    Dashboards for users and companies are launched


    Team

    9
    man Alexej Karpov

    CEO - Lead Engineer & Founder

    Germany Education: Engineering, Computer science and computer facilities.

    2008 – 2011 Head of the Company GV World GmbH. Direction - sales, copyright in the field of cinema and music.

    2011 – 2015 Founder and Head of the Project Global Copyright Management www.web-copyright.com. Creation and design of search and control systems, project development.

    2013 Founder of Litenett Project, since 2015 Head of Alex Capital GmbH. Company.

    man Valdemar Degner

    Analyst and marketer

    Germany. Analyst and marketer

    Occupation: Energy Engineer, Self-employed Entrepreneur, Business Consultant.

    Education: Computer Science Studies, Microsoft Sales Expert, IT Sales Expert, IT Sales Manager.

    man Elena Degner

    Financial Analyst and Advisor

    Germany. Financial analyst and consultant

    Occupation: Financial Adviser, Financial Consultant and Auditor, Self-employed Entrepreneur.

    Occupation: Investment Adviser, Investment Consultant, Financial Adviser, Financial Consultant, Internal Auditor in the Financial Field.

    man Lilia Bauer

    Content manager & contacts with customers

    Germany. Content manager & contacts with customers

    man Roman Romanchenko

    Lead developer & Engineer

    Backend developer, system administrator.
    9 years of work experience.
    Technological National University.


    Advisors

    3

    Veljko Richling

    Business Development & Consultant

    Aleksandr Onikienko

    Marketing Advisor

    Jan Schets

    Adviser




    Crowdsale details

    Distribution of tokens
    • Crowdsale (40%)
    • Reserve fund (37%)
    • Rewards, Bounty: early supporters (3%)
    • Team (5%)
    • Founders (15%)
    Budget allocation
    • Project development (25%)
    • Marketing and promotion (25%)
    • Reserve fund of the company for self-financing after the Project launch (25%)
    • Creating a payment system, obtaining a banking license for legal financial transactions (15%)
    • Research and development of new technologies in Blockchain field (10%)
    Details Indicators
    Token Symbol LNT
    Pre-sale Start September 27th, 00:00 GMT+03:00
    Pre-sale End November 11th, 00:00 GMT+03:00
    Pre-crowdsale Start November 12th, 00:00 GMT+03:00
    Pre-crowdsale End November 30th, 00:00 GMT+03:00
    Crowdsale Start December 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or December 23rd, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $100000000
    Crowdsale Soft Cap Yes, $1500000
    Token type utility token
    Domain owner Individual

    Cost of the token

    1 token for 0.55 $

    Price without discounts

    Bonuses

    Pre-sale
    Bonus Dates Minimum purchase amount
    65% September 27 — November 11, 2018
    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    55% November 12 — 30, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    45% December 01 — 23, 2018

    Accepted currency

    • Bitcoin
    • Ethereum
    • Fiat


    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

    2
    James Young August 29, 2018
    Rating of project
    4.5

    Advantages

    I like the project due to its uniqueness, as the social media area is very complicated and I heard a lot of "plans" or ideas which were never properly plugged. The project looks relevant and actively developed by the Team. The structure of the project is very well organised and I like the organisational chart of the API for external parties. So, the project looks very decent.

    Risks and disadvantages

    Regardless of the technical side of the things, the white paper doesn't disclose all the benefits and more concentrated on the technical side along with ICO model. It looks fine, however, I would recommend investing in the "interactive" presentation of the project, considering the potential audience.

    Comments

    Overall, I can see that the project has enormous potential, however, the white paper needs some elaboration to disclose benefits and strong sides of the project, as it might be quite challenging to understand the idea from the white paper.

    Denys Serhiichuk August 27, 2018
    Rating of project
    4.3

    Advantages

    The website is available in few foreign languages. That means that the team wants to attract funds from different countries. A significant advantage is the beta version. Users can already check its functions. In addition, there is a variety of payment options people can use for investing ( Ethereum, Bitcoin and ''fiat'').

    Risks and disadvantages

    When entering the website, one can notice that its connection is not secured. Thus, 25 % of all tokens are kept for the reserve fund. That fraction is too high, as founders can influence token rate when it enters the market.

    Comments

    Overall, the project looks a promising one. While analyzing its Roadmap, which starts from 2013, it is informative enough. So, I recommend people the following platform for investing.


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