Full Name:LiteX Token
LITEX is a completely decentralized payment ecosystem for cryptocurrency. Built on LTXN（LITEX Network), Litex supports instant micropayments with extreme low service charge.
Description of Token (Utility/Use Cases):
As an ecosystem built with many parties, LITEX needs a series of incentive strategies to redistribute the values generated by the ecosystem to all the participants to ensure a healthy operation and to stimulate rapid development. LITEX has designed an encrypted token, LITEX Token (LXT as symbol) to carry this function.
Detailed Roadmap and Milestones:
2017Q4-2018Q1: Design the system architecture;Test basic functions of the BOLT protocol.Consult with acquiring parties
2018Q2-2018Q4: Launch LITEX payment APP .Complete the LTXN architecture and test the theories.Connect the acquiring parties and service providers to test.
2019Q1-2019Q3: Launch the Alpha version of LTXN.Launch the official LITEX payment APP.Connect the merchants for testing.Expand the network of acquiring partiesTransactions pilot
2019Q4-2020Q2: Launch the Beta version of LTXN. Complete the safety test. Rollout of LITEX's official payments Software Development Kit. Expand the network of acquiring parties
2020Q3-2020Q4: APP, SDK and LTXN upgrade increase real use cases Merchants are connected in large scale; Continuous expanding the network of acquiring parties, enhance service stability
Core Members Introduction:
XU, Guanghong Bachelor’s degree, mathematics, Peking University, Master’s Degree in cryptography, applied mathematics and computer science, Illinois Institute of Technology. Research interests include the PKI encryption system. Worked on digital certification at VeriSign. Served as a risk strategy and information security consultant at Deloitte. Participated in payment information encryption compliance certification for VISA’s IPO in the United States and other top global projects such as information encryption and digital certification systems for companies such as Apple, Electronic Arts (EA), Broadcom, etc.
Currently Kaiser’s Director of Corporate Risk Strategy, she has extensive cryptography and commercial application experience.
WANG, Shuobin Bachelor’s (2003-2007) and master’s (2007-2010) degrees in Computer Science of Peking University. Former product operation director of the star product "Non-bank card payment" of Yeepay. Serial entrepreneur. Executive director of CEO club in Peking University. Revivalist and practitioner of blockchain technology.
ZHANG, Huaqiang Bachelor’s degree (2003-2007) and master’s degree (2007-2010) in Computer Science of Peking University, expert in blockchain and network security, full stack engineer, designer of the "Composite decision lightning network" model, previously worked as a senior research and development engineer in platforms
such as IBM and Sina Weibo. LOU, Huanqing Bachelor’s (2007-2011) and master’s (2011-2014) degrees in computer science, Peking University. Expert in blockchain, project structure engineer, full stack engineer, with abundant project experience, good at designing solutions by combining product demands and cutting-edge technology.
CHU, Tianshu Bachelor’s and master’s degrees in computer science and technology, Beijing University of Aeronautics and Astronautics. Founding partner and vice president of Duolabao (a leading domestic offline payment and marketing enterprise, one of the top three WeChat payment service providers, with payment transactions exceeding two million per day). Former product operation director of the non-bank card payment project of YeePay. Former product manager of the founding team of Baidu Shenbian
Token Contract Address:
The Verified Contract Source Code Link:
The Number of Decimals of Token：18
The Link to Coinmarketcap.com or feixiaohao.com for Token:
Circulating Supply:700000000 (2018.7.8)
ICO price:1ETH = 26667LXT