Bi-Weekly Update — 30/06/2019

Jesse O’tega
Jun 30 · 3 min read

One of the key principles that we have at Lition is that the community must be prioritized when it comes to making decisions. In light of the overwhelming support we have seen in the last couple of week from our Binance DEX listing proposal to all the positive feedback and reviews we’ve had in the media, everyone at the Lition Team would like to say how much we appreciate our community.

As always, we keep making progress as we strive to build the preferred private-public blockchain for enterprises with a focus on GDPR-compliant deletability features. We bring you an overview of the latest events in the Lition World:

Lition Integrates with Binance Chain

Lition is excited to announce that we are offering support of the Binance Chain BEP-2 protocol to the LIT token. This collaboration between Binance and Lition aims to support the spirit of interoperability within the blockchain space and to create one of the biggest multi digital asset ecosystems of our time. Adding a new blockchain infrastructure to the Lition environment is also an important step that fosters the adaptability of our layer 2 business solution! See the full article here.

Binance DEX Listing Application

As a follow-up to our collaboration with Binance Chain, we will be officially participating in a vote to determine the listing of our LIT token on Binance DEX. We are extremely proud of all the support that our community has shown on the application thread. You can still go to the application thread to vote for us and post positive comments. Binance DEX is one of the most liquid and secure decentralized exchanges in the cryptospace and we looking forward to a positive outcome of this vote with your support.

Upcoming Event — Lition @ Ankr World Tour Amsterdam 01.07.19

We are happy to announce that Lition is going to attend the Ankr world tour event in Amsterdam on next Monday where we will be participating in a panel discussion and networking opportunities. Besides that, projects such as Fantom, Prometeus and Blockdata will also be present and giving talks. If you are going to be in town, please feel free to join us by registering here.

Lition Wars Update

Our customer rewards campaign has been heating up with 5 of the 10 proposed battles keenly contested by the community. In light of some feedback from the community, we made some changes to ensure that the competition sees more engagement and community participation. The campaign will now run through the month of July with the Final Battle now having 3 winners instead of 1 with a new pricing structure as follows:

  • 1st Place: Instant 30.000 LIT + 10.000 LIT / Month for 2 years* + Hotel & Flight to Lition’s HQ in Berlin
  • 2nd Place: Instant 15.000 LIT + 7.500 LIT / Month for 2 years*
  • 3rd Place: Instant 5.000 LIT + 2.500 LIT / Month for 2 years*

*beginning from December 2019

Lition in the Media

Forbes did a piece on the backstory of the Lition project and their journey from just an idea to a project having a $22M syndicated loan product and several use cases.

Coincodex featured Lition as one of the top three coins to watch in June. The in-depth report focused on how the project has advanced since holding one of the most successful ICOs in the bear market and the numerous updates that are expected very soon. Read the full report here.

Weiss Crypto Rankings, one of the foremost researchers in crypto nominated Lition as a “deeply undervalued” project for people to watch out for in the coming quarter. The full review is available here.

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Lition Blockchain

Blockchain: The standard blockchain for enterprises and regulated markets

Jesse O’tega

Written by

Community Admin, Lition A.G.

Lition Blockchain

Blockchain: The standard blockchain for enterprises and regulated markets