Liquidity.Network

Category: Cryptocurrency
Sale starts
Jun, 14
Sale ends
Jul, 28
Platform
Ethereum
Token
LQD
Token value
0.61 USD
Hard cap
34 100 000 USD
Payments
Ethereum

About

Blockchain Payments for Everyone

The Liquidity.Network is a practical blockchain micropayment system, supporting millions of users securely, reducing transaction costs significantly and enabling the mainstream adoption of blockchain. Despite their potential, existing blockchains such as Bitcoin and Ethereum can only process ten’s of transactions per second - comparable mainstream payment systems process over thousand transactions per second. Off-chain payment channels have been proposed to substantially increase the blockchain’s transaction processing capabilities. Typical off-chain channels, however, face several limitations: users need to keep substantial deposits locked up in rigid allocations, payment channel rebalancing is limited to on-chain transactions, complex routing structures needs to be set up, etc. Liquidity.Network is the first practical, secure and scalable off-chain payment hub system for decentralized blockchains. The Liquidity.Network architecture stems from a symbiosis between our novel innovations: the Payment Hub and REVIVE. Liquidity.Network is scalable to multi millions of users, and does not require rigid funds to be locked up.

Documents

Whitepaper

Contacts

Liquidity.Network

Switzerland
contact@liquidity.network

Milestones

  • 2017 September
    Alpha Version of Liquidity.Network Excited by REVIVE, we developed the first alpha version for Li - quidity.Network, and launched a private Liquidity.Network hub.
  • 2017 November
    Public Announcement Launch of the official Liquidity.Network web-site, FAQ, whitepaper, engage the community and public roadmap.
  • 2017 December
    Foster development Based on the community feedback we adopt improvement ideas and attract talent to join the Liquidity. Network development.
  • 2018 February
    pre-sale Start
  • 2018 March
    Early Bird Access, Testing Deploy Liquidity.Network hub MVP and give early bird access. Build a strong community. Optimize the hub.
  • 2018 April
    @ 4PM GMT - Whitelist starts To join the main sale, every contributor must first join the whitelist through joining our telegram channel http://t.me/liquiditynetwork and registering an Ethereum address with our chat bot, @BIGwig_bot.
  • 2018 April
    The KYC process starts under https://ico.liquidity.network. Limited seats available, first come first served! Filling out the KYC documents requires an Authentication Code that you get from our friendly telegram bot @bigwig_bot after whitelisting. Together with your Ethereum address, this allows you to upload the KYC documents. All contributors will need to go through KYC to be under strict compliance with Swiss law.
  • 2018 June
    Public Liquidity. Network Publish the official and stable Liquidity. Network version. Include web and mobile wallets. Enable inter-hub operability with REVIVE.
  • 2018 June
    Dutch auction parameters for the main sale will be communicated
  • 2018 June
    The tokens will be sold in a Dutch auction to give participants a fair opportunity at an acceptable valuation. Dutch auctions are widely accepted as one of the best mechanisms for fair price discovery and have been the models for both crypto (e.g. Polkadot) and traditional companies (e.g. Google). The token price in a dutch auction is initially very high (i.e. the cap is high) and goes down with time. The longer the auction lasts, the lower the cap becomes, and the lower the token price ends up. Participants can bid at their preferred moment during the auction. A dutch auction is avoiding a transaction-fee bidding contest and also avoids a blockchain congestion.
  • 2018 September
    First App, Decentralized Exchange Enable the Liquidity. Network to perform exchanges of ERC-20 tokens. Faster and more cost efficient trading than other decentralized solutions.

Financial distribution

50% Public Sale
35% LiquidChain GmbH
15% Public Pre-Sale

Team

Board of directors

Arthur Gervais
Co-founder

Team

Rami Khalil
Inventor of REVIVE
George Sedky
Developer
Guillaume Felley
Developer
Thibault Meunier
Developer
Janine Videva
Marketing and Communication
Imran Khan
Marketing and Communication
Tony Tran
Marketing and Communication
Mohammed Kasstawi
Marketing and Communication

Ratings and reviews

TokenDesk rating
8.1
Reviewed and rated by
0 experts|0 members
TD team
8.8
Vision
9
Product
9
Team
8
Profile
9
Scanner
7.5
TD team
8.8
Vision
9
Product
9
Team
8
Profile
9
Scanner
7.5
Tokendesk team Admin
8.8
Vision
9
Product
9
Team
8
Profile
9

Vision: Liquidity.Network aims to solve blockchain scalability issues. According to Liquidity.Network typical off-chain solution face limitations due a several reasons like expensive channel establishment, complex routing structure and etc. Liquidity.Network  allows multiple users to send cost efficient Ethereum micropayments for the very first time by supporting off-chain payments. Liquidity.Network basically utilizes the off-chain payment hubs that allow two nodes to communicate directly with each other. Basically that means that the more  users will be using  platform, the faster transactions will be. By using off-chain payment hub payments there will be very little fees for transfers.  Founder of Ethereum Vitalik Buterin seems to be interested in this project.

Product:  The Liquidity.Exchange will be a non-custodial off-chain exchange.  It will be designed to not hold any funds, while performing atomic swaps off-chain. Interesting fact that Liquidity.Network is the first ever off-chain payment solution to have a working MVP that allows its users bi-directional transfers of Ethereum. This is very attractive not only for basic investors, but for retail too.   The project has already been successfully deployed on Ethereum Testnet.. According to Liquidity roadmap, full working product is scheduled to go live at the end of 2018 , if it will be  successful team might expand their payment solution to other blockchain like Neo or even Bitcoin, which means that there is a lot of space to grow and develop in different blockchains.  Network will be operating with simple routing designs, avoiding the complexities faced by Lightning and Raiden. This is a good sign and means that team have done research on off-chain solutions.

 

Team: Liquidity team consists of 9 team members with majority of blockchain experts, which have a huge experience and science knowledge, this team looks very strong. However, the bad thing that this team does not have any advisory board. Both the co-founders are scientists with the knowledge in blockchain, this give us a feel that such technological challenge will be completed to the end. Other team members belongs to the field of  marketing, communications and business.
 

Token: LQD token will be built on Ethereum blockchain and it will be ERC20 utility token. It will be used in platform to access its premium features like  higher-level commercial transactions,  because the main flow of transactions will be in Ethereum. Also, it can be used as an access to the AOI service. However, seems that token have a narrow practical use. Total supply will be 100 million LQD, which will be kinda low and attractive for investors. Only 50% will be allocated to public sale and 15% to public pre-sale.  Project aims to fully comply with FINMA (the Swiss finance regulators) and they have very specific rules, so it can a little bit more complicated to pass KYC procedure.

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TokenDesk rating
8.1
Reviewed and rated by
0 experts|0 members
TD team
8.8
Vision
9
Product
9
Team
8
Profile
9
Scanner
7.5
TD team
8.8
Vision
9
Product
9
Team
8
Profile
9
Scanner
7.5
Platform
Ethereum
Token
LQD
Token value
0.61 USD
Hard cap
34 100 000 USD
Payments
Ethereum

Write a review

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