Lithium project is created on the basis of inspiration from various foundations that have been established from projects such as Bitcoin, NXT, Peercoin, with using the proof of transaction system.
Lithium will start with a supply of 30.000.000 XLTH, of which 85% will be distributed to investors during the ICO marketing, 5% will be free distribution and the remaining 10% tokens will be distributed for bounties.
Actually all methods of free distribution have significant weaknesses which often are people going to commit fraud.
Most people who have earned coin of free distribution, they will soon sell the coin at a cheap price if the market has been provided. Of course it will greatly affect the price of the coin and will make a coin die soon.
To prevent it Lithium have laid down a plan to combine distribution methods to mitigate the flaws of using only one method. Lithium will distribute a percentage of the coins through an Initial Coin Offering (ICO) and the remaining percentage will be given through a Free Distribution (FD) and bounties.
Lithium crowdsale not use escrow because lithium are launching the coin at the same time as the IPO and the Free Distribution so your Lithium will be sent immediately.
SPECIFICATION OF LITHIUM Name: Lithium
Ticker: XLTH
Algorithm: SHA223
System: Proof Of Transaction
Block Time: 60 seconds
Block Reward: 2 Coins
Total coins supply: 30.000.000
Year Interest: 3.5%
Wallet - Web wallet:
https://thelithiumproject.org/wallet - Android wallet:
> ARM architecture (for android using prosesor type Reduced Instruction Set Computing/RISC)
> x84 architecture (for android using prosesor type Complex Instruction Set Computing/CISC)
- Windows: Lithium alpa v.0.1.0 Download Nowvia Dropbox
Other Links
- Official website:
http://thelithiumproject.org - Facebook:
https://www.facebook.com/thelithiumproject.org - Twitter:
https://twitter.com/lithium_project - Announcements:
https://bitcointalk.org/index.php?topic=1717241.0 Crowdsale of Lithium
Crowdsale / Initial Coin Offering (ICO) will be start on Jan 2 - Jan 31, 2017 at 7PM EST (In case of sold out the ICO will be closed earlier)
Crowdfund Timeline: 30 Days
Coin ICO supply: 25.500.000 XLTH
Coin price: 0.00000079 BTC
Crowdfund Objective: 40-50 BTC
Get a bonus if you participate in the first day until 3rd week, with structure:
- 1st day (Jan 2, 2017) : 0.00000157BTC/XLTH - 20%
- 1st week (3/1/2017 to 9/1/2017): 0.00000165BTC/XLTH - 16%
- 2nd week (10/1/2017 to 16/1/2017): 0.00000176BTC/XLTH - 10%
- 3rd week (17/1/2017 to 23/1/2017): 0.00000184BTC/XLTH - 6%
- 4th week (24/1/2017 to 31/1/2017): 0.00000196BTC/XLTH - No Bonusses
How to participate?
Create a Lithium wallet (Windows,Web or Android)
Register at
https://thelithiumproject.org/ico using your Lithium Address
Deposite Bitcoin to the address generated for your account
Received your Lithium tokens automatically to the address you used to create your account
* You will receive Lithium to the address you used to create your account at the ICO platform so make sure you control that address.
So don't missed to be part of Lithium project
More detail about Lithium ICO, please check
https://thelithiumproject.org and subscribed on Bitcointalk.
Updates
- Dec 28, 2016 : Released WEB Wallet
Note:
* Please make sure you have javascript enabled and you are using a modern browser because the web wallet won't work without javascript.
* I'm try using Mozila is not work, and Chrome is fine
- Dec 29, 2016 : Released Lithium Android wallet
- Jan 2, 2017 : The ICO is Live
https://thelithiumproject.org/ico - Jan 3, 2017 : Released Lithium Windows Wallet Alpa v.0.1.0
More update will be post soon....so stay tuned!
My website:
http://hafana.com Donate some Lithium :
L7lnbs590nkfthii40n62b0l4bxq4qk2bn
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