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Author Topic: Legichain (LEG) - Fully decentralized Blockchain network  (Read 181 times)
LEGICHAIN (OP)
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December 17, 2018, 06:06:52 PM
 #1

Legichain-Would be a fully decentralized Blockchain network being a generalization of many centralized and decentralized Blcokchain networks.

Legichain:A Universal Account and Value Transmission Tool

Token is a type of customized asset or equity. As an underlying public blockchain, legichain supports its users to issue and customize Tokens, and provides powerful management features and easy-to-use management interface. Users can manage their own digital assets on the Legichain network without worrying about their equity records being tampered with.

Blockchain

Blockchain is a way of data integration and communication based on cryptography technology and P2P communication technology. Absence of central authority control, trust free, and open traceability are the main features of blockchain. Legichain uses blockchain technology to quantify participants’ contribution and give reciprocal value to participants in the content producing sector with decentralized methods.

Incentives and Returns

Legichain will establish a rational content income distribution mechanism so that content producers, content investors, content curators and consumers of the content ecosystem can be provided with incentives and returns as appropriate, and will establish a value network based on users’ ratings on content.

Open Platform

Legichain has developed a rich set of toolkits, so that any content platforms, regardless of their themes presented in text, picture, video or live broadcast etc., are eligible to create the corresponding content-oriented incentive platforms based on the Legichain network.

Contract Address: 0x4693f908a90B6700CAffaECe8dddC41990AB6747
Token Name: Legichain
Token Symbol: LEG
Total Supply: 25,000,000,000 LEG
Precision: 18
Soft Cap: 150 ETH
Hard Cap: 360 ETH

LEGICHAIN TOKEN DISTRIBUTION
1. Tokens for Sale - 70%
2. Team/Advisors - 10%
3. Promotions - 5%
4. Exchange Listing - 5%
5. Airdrop & Bounty - 10%
Total  - 100%

70% of the tokens is allocated for the Token Sale and will be distributed to the community.
10% of the tokens is allocated for the team and advisors with one-year lock in period.
5% of the tokens is allocated for promotion bonus payouts which will be calculated and distributed after the token sale period.
5% of the tokens is set aside for exchange listings.
10% of the tokens is allocated for airdrop and rewards for bounty and marketing campaigns which will be distributed during the token sale period.

FUNDS ALLOCATION
1. Product Development   - 45%
2. Operations   - 15%
3. Marketing & Partnerships - 15%
3. Business Development - 10%
4. Legal - 5%
Total - 100%

TOKEN SALE DETAILS
Token Sale Period: November 13 – December 25 2018
Token Standard: Ethereum ERC-20
Token Minting: Not Available
Unsold Tokens: To be Burned
Soft Cap: 150 ETH
Hard Cap: 360 ETH
Cost of 1 LEG Token: 0.00000002 or 2 Gwei (bonuses not yet included in the costing)
Payment accepted: Ethereum only
Min/Max Personal Cap: 0.01 ETH / no limit
Token Sale Distribution Method: Automatic/Selfdrop
Token Sale Bonus Distribution Method: Manual (within 24 hours after purchase)

AIRDROP 1,625,000,000 LEG Tokens!
Receive 325,000 LEG Tokens by completing the form. Airdrop distribution is done on a daily basis to eligible participants only. Only participants who completed all the tasks correctly will receive the airdrop.

Please fill the form:https://docs.google.com/forms/d/e/1FAIpQLSdBp7KV2GHPNU4DdkeHh0OjQuB81zqvz7c-EzCThTdW0jOemA/viewform

HOW TO PARTICIPATE IN THE TOKEN SALE
1. Send a minimum of 0.01 ETH
2. Contract address: 0x4693f908a90B6700CAffaECe8dddC41990AB6747
3. Receive 500,000 LEG Tokens

DISCLAIMER
LEG Tokens do not represent company shares or give rights to profit sharing. As mentioned, LEG Token is utility token, therefore there is no guarantee of future value of the LEG Token and will be solely up to the market and community to decide same.
The total number of minted tokens is 25 billion LEG Tokens without functionality to mint additional tokens. All unsold tokens will be burned. Tokens allocated to team and advisors are locked in for one year.

Official Website: http://legichain.name/
Twitter: https://twitter.com/legichaintoken
Telegram: https://t.me/legichain_official
Telegram: https://t.me/legichainnews
Medium: https://medium.com/@legichain
johns88
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December 21, 2018, 03:59:50 PM
 #2

I've questioned this before on Telegram, I need to have answers to invest multiple ETH's in this one:
Can you tell me more about the team, why is there so little info to find about the teammembers?
Why do they have zero connections on LinkedIn?
What is the address of the mainoffice in Germany?
According to the Linkedin-Profile all people are from Germany but they don't have typically German names?
Why do the teammembers have the same names but different pictures as:
https://icobench.com/ico/cromacoin/team
https://icoholder.com/en/alfacoin-21420

Summary:
Can you comment on this topic:
https://bitcointalk.org/index.php?topic=4787926.0
johns88
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December 21, 2018, 10:07:09 PM
 #3

Well, I invest 50% because of the team behind an ICO. And yes, I find it very important that an ICO has a lot transparency about the people involved. Great examples IMHO: https://www.stellar.org/about/, https://www.iota.org/the-foundation/team https://electraproject.org/team/ Real people, real team and real LinkedIn pages. I can also find most of them on Facebook.
If I look at your membernames I can't find anything about it, except the things in my previous post. So yes, transparency is very important for me, and I guess, much more people.
I believe in LEG, but not in the team yet, I hope I can be confident soon  Wink
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