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ICO Details White Paper

Price (USD) 0.1 Bonus (%) 5%


NUMBER OF MEMBERS 2916
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OUR VISION

LIPCOIN is supported by 3 cornerstones:
A DEDICATED COMMUNITY
  • The worldwide surf community is estimated to be around 38 million members that power a market of 22 Billion USD.
  • With all other non-motorized water sport players, we are talking about 60 million members.
BUSINESSES
  • The ecological surf resort
  • The ecological surfboard
  • LIPCOIN TV
REVOLUTIONARY DLT

Our revolutionary DLT will solve the biggest current Blockchain weak points: scalability, consumption (no more mining), slowness (more than 100.000 transactions persecond), biometric security (anti-fraud & anti-hacking), heritage transmission

Road Map

roadmap

DLT FEATURES

BIOMETRIC SAFETY

Anti-fraud & anti-hacking system with multimodal biometric security.

FASTER TRANSACTION

More than 100.000 transactions per second.

CHEAPER TRANSACTION

No fees for transactions made with our currency and very competitive rates for transactions with other currencies.

ECO-FRIENDLY

More efficiency for no added consumption.
No more mining needed.

HERITAGE TRANSMISSION

Configure the DLT to transmit automatically your wallet to your relative should something happen to you.

ANTI-THEFT

LIPCOIN DLT offers you Anti-theft Exchange and wallets.

Lipcoin Team

member_img Sports Enthusiastpro sailor
Pedro das Neves Sailor & Water Sports Enthusiast
member_img CEO & FounderLegal Adviser
Pedro Marvão CEO & Founder
member_img Sailing RegattaWater Sports Enthusiast
Manuel Tavares Responsible for Sailing Regatta
member_img EngineerLipCoin Eco Resorts
Vítor Costa Engineer
member_img Real Estate SpecialistLipCoin Eco Resorts Sales
António Rodrigues Real Estate Specialist

faq

What is LIPCOIN?

LIPCOIN is a Cryptocurrency created on our own DLT (distributed ledger technology: the underlying concept of the Blockchain) platform.
The concept consists of creating a virtual coin for a well-defined target, the surf in particular and water sports community in general.

What is the vision of LIPCOIN?

We are bringing the future to surf.

LIPCOIN aims to promote activities of a recreational, cultural, sporting and tourist nature, powered by surfing and all other surfing disciplines, acting to promote, create and training a new generation of athletes and supply the best conditions to the already existing community of surfers and enthusiasts.

LIPCOIN is a community-based coin.

When we speak of SURF we are talking about a wider society, a community which is more than a group of people united by a common interest and are willing to participate in the life of this community.

LIPCOIN is built out of passion.

Surfing lifestyle is something that perpetuates itself.
We build our history in small moments. We live in a crazy world, we live so many emotions every second, we are addicted to the adrenaline, the water and the sense of freedom. We look for excuses in the past to feed future improvements, and we find in LIPCOIN a way to make possible to live and enjoy the best of surfing!

Anytime, regardless of the natural conditions, is the time we have to spare, waiting for that perfect wave that feeds our need to that moment, or the amount of people sitting on the surfboard in line for the same opportunity.
Daily life doesn't allow us to spend as much time in the sea as we would like to. Thankfully, technology has evolved enough to make us dream bigger and materialize the perfect structure and conditions to get that kind of experience.
This is where we get together and row in the direction of the future of surf.

LIPCOIN is not limited to surf.

Even if the first goal of LIPCOIN was to promote and generalized the surf, we are now able to combine different opportunities that will allow us to let LIPCOIN be usable and profitable for much more people than only surfer or water sport in general. The reading of this white Paper will let you appreciate the scope of our full project.

LIPCOIN is a unique and disruptive coin.

Having the benefit of hindsight on the crypto-currency market and more specifically about the I.C.O. (Initial Coin Offering), we noted that the market offers were not in compliance with our values and instead of simply copy the market model, we wanted to create a coin that complies with our values and principles.
The indexation of the coin to the underlying businesses, the revolutionary DLT and the implementation of specific strategies make our coin absolutely unique and completely disruptive.

What are the LIPCOIN underlying projects?

  1. The community of surfers:
    The worldwide surf community is estimated to be around 38 million people that move a market of 22 Billion USD. The potential of exchanged volume and valorisation is huge based on these numbers but not only. This will be tremendously increased with the commercialisation of unique ecological surfboards based on LIPCOIN and also because we aim to lead by example in matters such as zero waste energy & lifestyle.

  2. The inland surf infrastructure:
    Our project is not limited to wave pool (1 surfer per wave) but nothing else than a city of 10.000 citizens where LIPCOIN will be the recommended currency. It is a long-term project based on 9 years research and studies. Here are some numbers to give you an idea about the size of the project:

    • The main central pool: 1 km / 1,4 km (the equivalent of 200 football fields)
    • Up to 10.000 surfers will be able to practice every single day
    • Up to 1.000 surfers will be able to practice every single hour
    • Around the main pool, more than 2 kilometres of commercial frontage
    • Hundreds of 1.000m2 villa with outside and inside pool
    • Around 2.640 147m2 flat with 124 m2 terrace
    • All pools will be naturally filtered
    • ...
  3. The new DLT technology:
    Without the idea to make shadow to the 2 first points, we have to admit that the biggest revolution will be done by this new technologic advance.
    To make a long story short, it is not a coincidence if we only showed up now: we have been, since 2011, watching up closely the development of the crypto-sphere, so we could be inspired from others' achievements, and avoid, at the same time, their mistakes.
    Put simply: above all, what drives us is the challenge of innovation, and so we want to create the most innovative DLT (Distributed Ledger Technologies - the underlying concept of the Blockchain) the world has ever seen so far to date.
    And we did it!
    We don't want at this stage to enter into too deep explanation of its feature and just know that the main actual disadvantages of the existing Blockchains will be simply deleted like: scalability, consumption, slowness (more than 100.000 transactions/second), biometric security (anti-fraud & anti-hacking), heritage transmission, …

Be ready for the full announcement and official presentation in the next Web Summit (November 2018 in Lisbon - https://websummit.com).

What is an ICO?

An ICO (Initial Coin Offering) is no more, no less than a new kind of participative financing for a project. The equivalent of an IPO (Initial Public Offering) on the equity market.

What is a crypto-currency?

A crypto-currency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets.
Crypto currencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

What is a Blockchain?

A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as 'completed' blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping. Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically.
Originally developed as the accounting method for the virtual currency Bitcoin, Blockchains – which use what's known as Distributed Ledger Technology (DLT) – are appearing in a variety of commercial applications today. Currently, the technology is primarily used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any document into the blockchain. Doing so creates an indelible record that cannot be changed; furthermore, the record's authenticity can be verified by the entire community using the blockchain instead of a single centralized authority.

What is a ERC20 Token?

ERC stands for Ethereum Request for Comments. This is an official protocol for proposing improvements to the Ethereum network. '20' is the unique proposal ID number.

ERC20 defines a set of rules which need to be met in order for a token to be accepted and called as 'ERC20 Token'. The standard rules apply to all ERC20 Tokens since these rules are required to interact with each other on the Ethereum network. These tokens are blockchain assets that have value and can be sent and received, like Bitcoin, Litecoin, Ethereum, or any other cryptocurrency.

What is a wallet?

A crypto-currency wallet is a software program where coins are stored. To be technically accurate, coins are not stored anywhere; there is a private key (secret number) for every coin address that is saved in the coin wallet of the person who owns the balance. Coin wallets facilitate sending and receiving coins and gives ownership of the coin balance to the user.

What is the minimum investment?

There is no minimum to purchase, though to become an affiliate and receive your personal URL, it is necessary to make a purchase of at least 45 LPC.

I'm from xxxxx, can I invest?

LIPCOIN does not exclude persons from any nations from participating in the ICO. All participants are encouraged to check up on any local ICO rules.

What payment is accepted during the ICO?

We accept Ethereum (ETH) and Bitcoin (BTC). Nevertheless, for any investment from 10.000 USD (or EUR equivalent) in cash, please send us an email: info@Lipcoin.io

Which exchanges will offer your coin?

Tokens will be purchased directly from LIPCOIN Dashboard during the ICO.
The exchanges are not known yet due to the fact that we do not have so far of all the element needed to start the negotiation as the number of sales tokens, number of holders, …

The exchanges should be known at the end of the ICO.

What will the price be on exchanges after the ICO?

The price at the end of the ICO will be 0.95 USD.
Nevertheless, secondary markets are not controlled by LIPCOIN. We expect the trading price to rise steadily but it could be affected by positive or negative trading price fluctuations.

Where can I find the White-Paper?

Here is the link to access the White-Paper

Is there an affiliate program?

There is an affiliate program for the ICO. You can find all the details here.

Why do you combine an ICO and an affiliate plan?

As the valorisation of LIPCOIN is based on the volume of transaction and the number of person being interested to join the LIPCOIN community, it is important to each one of us to spread information about LIPCOIN opportunities.
As early members, we hope we can count each member to make everyone hear about LIPCOIN.
And to encourage you, we are using an affiliate plan to thank you for your support.
Let's spread the word and grow our assets together.

Where can I find my affiliate URL?

The affiliate URL is visible on the main page of the Dashboard and also in the affiliate centre (left menu of the dashboard).

Can I change my sponsor?

The affiliation is directly managed with the received email during registration and the affiliation link.
It is impossible to change it later.

How can I contact directly someone in LIPCOIN?

You can contact us using the Helpdesk directly on your Dashboard.

How can I change my BTC or ETH address I registered in the Dashboard?

For security reason, you cannot change your BTC or ETH address. Please send a message to our support via the Helpdesk and we will be glad to delete the address allowing you to re-encode the new one.

What are the risks of contributing to an ICO?

When you contribute to an ICO, there is never a guarantee that the product whose tokens you're buying will succeed, either with their ICO or in their future development. Like any crowdfunding campaign, people should think of contributing as a donation to a project in support of its potential development, and the tokens as a kind of reward for your support. However, in the case of an ICO campaign, your reward (tokens) has the potential to increase in value once the tokens are released and available on exchanges.

Contact us

  • contact_icons offices

    Vectornumber, Lda Rua Rodrigo da Fonseca, nº51 1250-190 Lisboa

  • contact_icons Send Us A Message

    info@lipcoin.io