Libertas Tokens released on the Waves Platform:1. The ability to have fees paid in Libertas tokens.
The intention it to run a full node so that transaction fees in Libertas tokens can be guaranteed right from the offset, however we envisage quick acceptance across the board very quickly.
2. Very low transaction fees – suitable for payments of any amount.
We really believe that a central point of early crypto was the ability to send any amount, anywhere for negligible fees. When fees become too excessive there use-case becomes limited.
Even a fee of 10c which doesn’t seem a lot is if the transaction is only for $1!
3. An easier hurdle to overcome for our main initial user base and target market.
To get crypto in to the hands of the majority we first need to bring the level of understanding down to current norms, where people will be able to see the benefits without having to understand complicated jargon and blurb.
4. Fast transactions.
The goes without saying, no one wants to wait any longer than necessary for a transaction to clear.
5. Scalable and future proof.
We strongly believe in the Waves platform and community around it, for Libertas, Waves is the ideal platform.
Roadmap
1. July 2015 – Sofica Co Ltd formed in Chiang Mai, Thailand to engage in outsource development work
2. Aug 2015 to Sep 2016 – Working on back-end development projects for clients in Europe
3. Oct 2016 – Shift in focus to blockchain technology, increased our team from 3 to 5 people
4. Nov 2016 to April 2017 – Research into payment solutions in Thailand with a focus on improvement
5. May 2017 to June 2017– Libertas payment solutions begins with a use-case suitability study around Chiang Mai
6. July 2017 to Oct 2017 – Libertas app alpha development (test phase) and merchant showcase – green light for the go ahead
7. Nov 2017 to Feb 2018 – Social re-work and ICO preparation
8. March 2018 – ICO and coin distribution – 10 more members added to our team
9. April 2018 to July 2018 – Libertas app beta development (live phase) and roll out to 1500 merchants + 25,000 consumers
10. Aug 2018 – Research trip to Burma, investigate formation, legal and prospects
11. Sep 2018 to Nov 2018 – Libertas full app development and further roll out to 3500 more merchants + 75,000 consumers
12. Dec 2018 – Add option to pay with crypto to Libertas app, from THB and Libertas only to include more cryptos (year end 5000 merchants – 100000 consumers)
13. Jan 2019 – Research trip to Cambodia and Laos, investigate formation, legal and prospects
14. Feb 2019 – Launch in Burma subject to legal backing
15. March 2019 to June 2019 – Incorporate cross-border payments and remittances and cash based withdrawal methods
16. July 2019 – Launch in Cambodia and Laos subject to legal backing, continued on the ground work increasing user base
2,000,000 tokens were set aside for the pre-ICO out of a total of 50,000,000
100,000 reserved for advisors
100,000 for signature campaigns, translations and bounties
1,800,000 currently available
Offering 1000 Libertas tokens for each of the following translations: (Edit from 5000 - old rates will apply to those who got in first!)
Japanese
Korean
Indonesian
Russian
German
Mandarin
Cantonese
Offering 1000 Libertas tokens to 12 users to use their signature for 1 month
5000 available for bounties
10,000 available for airdrop - just post your Waves address and we'll send you 10 tokens
(Tokens likely will be sent when the ICO ends)
