Libellum 2.75/5 (1)

Libellum

Instant Supplier Verification
Libellum is the world’s most innovative supply chain verification platform for product certification, testing, and compliance. Libellum will make working with suppliers safe and secure - through its innovative platform.


2.8

HypeSecurityTeamVision
2.03.03.03.0



Ends in
12 days
31 Oct 2018

TokenLIB
Price in ICO1 LIB = 0.1 USD
CountryHong Kong SAR China
preICO start15 Oct 2018
preICO end31 Oct 2018
ICO start1 Nov 2018
ICO end1 Dec 2018


  • ABOUT
  • TEAM
  • MILESTONE
  • FINANCIAL
  • SECURITY
  • MEDIA

Ecommerce is growing rapidly. The need for verified suppliers from China is more than ever as many new and inexperienced buyers fall to scams of illegitimate suppliers. Libellum's aims to connect buyers, suppliers and third party test laboratories (who issue certificates). Take for example a foreign buyer who wants to purchase/manufacture a product in China for the first time. For him to verify supplier authenticity, he either has to hire a sourcing company with reputable suppliers, a third party testing and auditing company (e.g. TUV, SGS) or fly to China personally.

Furthermore a buyer from overseas has to comply with international laws, product regulations and compliances set out by the governing bodies and authorities. The buyer has to either fully trust a supplier’s documents and certificates or hire a third party testing company. Unfortunately, faking certificates is a common practice amongst dodgy suppliers.

The only way for the buyer to verify the certificate validity is for them to call or email the third party that issued the certificate. This not only results in unnecessary costs to the buyer, but more importantly, reduces the trust in the system as the process is slow and timeconsuming. Libellum works to solve this problem by enabling clients to lookup a certificate or test report number (provided by a supplier) on Libellum’s interface. If said certificate has really been issued at some point in time the interface will have all the supplier and product information - that at some point has been verified by a third party inspection company. Hence the buyer can immediately verify the authenticity of the certificate via Libellum.

Libellum will implement 2 core technologies to make sure the system is safe for the buyer:

  1. A digitally encrypted QR code that has all the supplier information and is verified by third-parties.
  2. Data is stored on Libellum's blockchain, which allows for the data to be immutable and transparent.

This allows buyers globally to purchase from verified suppliers using the LIB token and its ecosystem.

Team

TEAM
Manuel Becvar
CEO & Co-Founder
Duncan Cassar
COO & Co-founder
Stanko Ćulaja
Lead Software Engineer
Danijel Jurević
Software Engineer
Nikola Potrebić
Software Engineer
ADVISOR
Patrick Som
Technology Advisor
Stefan Stoeckli
Independent Advisor
Benjamin Buergi
Legal Advisor

Milestones


  • Launch of ImportDojo.com with focus on educating importers across the globe on how to deal with Chinese manufacturers.


  • Release of full Amazon Case Study to the public. A step by step guide from sourcing a product in China to launching it on your eCommerce store.


  • Launch of ImportDojo Certifications. A full guide on regulations, compliances and supplier verification. The only source and most complete guide on the internet to date.


  • The need for transparency and supplier verification is greater than ever. The idea of launching a supplier verification platform is born.


  • Fine-tuning the concept and introducing it to Third Party Testing Laboratories.


  • Building the Developer & Advisor team. Meetings and proposal of Libellum to large sourcing sites and third party testing laboratories,


  • Building partnership with Third Parties and getting them to our platform. We are in talks with the top 10 firms in the industry. Incorporation & Registration of Libellum in Hong Kong.


  • Launch of website, release of Whitepaper. early investor round. Pre-sale and token distribution.


  • Token Exchange Listing


  • MVP ( Minimum Viable Product) is released. Optimization, Improvement and adding features with key partners.


  • Building KPI's for third party Laboratories.


  • Integration & upload of existing supplier reports and certificates.


  • Launch of the fully functional Libellum platform.


  • On-boarding and continuous partnership building with testing laboratories.


  • Building awareness, improving of platform, adding new features.

Financial

Token
PlatformEthereum
Price in ICO1 LIB = 0.1 USD
Investment Info
AcceptingETH
Tokens Distribution40% - Token Sale
15% - Reserve
15% - R&D
10% - Team
10% - EIP
5% - Bounty
5% - Advisors
Soft cap300,000 USD
Hard cap3,200,000 USD

Security

Legal entity

Libellum Ltd. Hong Kong.

Unit F3, 5/F, Mai Luen Ind. Bldg. No.23-

31

Kung Yip Street, Kwai Chung, Hong

Kong SAR.

⾹港葵涌⼯業街23-31號美聯⼯業⼤廈5樓F3

室.

https://opencorporates.com/companies/hk/2719081

Prehistory of project

No prehistory of project.

Product or its MVP

In Q2 2019, team will launch our MVP to showcase the platform to our network of suppliers, manufacturers, testing companies, and buying offices; globally. The MVP will have the following features:

  • Verified Supplier Database
  • Product Certification Validation via our L-ID™ system
  • Libellum Wallet Integration
  • Buyer Data secured by Blockchain
  • E-commerce API Integration

Until Q2 2019 no Product or its MVP information.

Blockchain experience

Miikka Saloseutu — Advisor at Terawatt LEDTip BlockchainYellow BetterBizzShakeCybercoinIMIGIZE. Co-founder of ICO Token Reviews, founder of icotokennews.com and cryptocoinjudge.com websites

Escrow

No escrow information.

Comments

Update 02.09.2018

ICO that might interest you

DISCOVER SOME OF THE MOST POPULAR ICOS'S BASED ON USER REVIEW AND RATINGS.

Email Subscription - Footer

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.