LNCH (Lightning Cash) ICO

LNCH (Lightning Cash)
Verified ICO

At the foundational level, LNCH is an all encompassing blockchain operating system, with a graphical user experience and a variety of blockchain based cryptocurrency applications. 

24 Weeks,3 Day(s) Left
2018-04-30 - 2019-04-05
  Whitepaper |   Visit Site
ICO NOT YET RATED (NYR)


Team: NYR
Feasibility: NYR


Team website: http://launchpad.services

Usable for anything and everything related to blockchains, while also bringing along all the benefits of existing modern day operating systems!  It is the consolidation of all cryptocurrency applications into one all encompassing blockchain operating system.  The brilliance of this technology is that is is flexible and scalable enough that it can be used or adopted for any purpose related to blockchains. This is unlike other tokenized technologies, it is a buildable, scalable and flexible software that can adopt and adapt to all other existing technologies automatically. This removing the need to manage thousands of tokens, nodes, mining algorithms, on thousands of different wallets or their different respective user interfaces; this all will be integrated into the LNCH Blockchain Operating System published by LaunchPAD. This consolidation of connections to blockchains is unique, and can be used by people who do not want the headaches of dealing with various independent blockchains; the key is to just use one, the LNCH Blockchain Operating System, right out of the box. Therefore, all other open source tokenized technologies will become absorbed and part of the LNCH Blockchain Operating System. In other words, people will not need to run five different computer control centers to run mining or staking on five different blockchain networks, they will only need one, the LNCH Blockchain Operating System. Beside other applications that can already be accomplished in modern day operating systems, which by default are to be included in the LNCH Blockchain Operating System, this all encompassing operating system can be launched at sole discretion of users to accomplish, build and create an all encompassing user experience and robust foundational infrastructure related to all existing and forthcoming blockchain, cryptocurency, and digital economy capabilities and applications. Among these capabilities lie:Censorship-resistant, permanent exchange for cross-blockchain transactions between incompatible blockchains, social media and Internet information browsing data exchanges; Always encrypted and anonymous communications by instant messaging, text, video, virtual reality games etc., representations of blockchain applications in virtual reality worlds; Text and speech processing; Music and audio processing; A graphical command line backed interface for cross-blockchain wallet management, key management, nodes management, mining management.

Among these applications lie:

Distributed solar power grid for the third world, no monopoly in center; Distributed Internet and wifi bandwidth grid, interplanetary scale by adoption of satellite nodes, no monopoly; Censorship resistant DNS; Scalable TOR and onion routing; Uncensorable prediction markets and self-regulated stock exchanges; Swiss bank privacy as an automatic and hardcoded service within the operating system software; Routers auctioning trade routes and micro-transaction bandwidth; Servers charging clients to stop DDoS and spam; Self-driving cars auctioning the right of way and road usage or voting on road infrastructure repair without the need for bureaucratic or political intervention; Cross-border micro-financial contracts; Personal identity ownership and control of your own privacy and data; Permissionless file storage grid; Evolving autonomous decentralized lightning applications.The LNCH Token deployment will take place over 341 days starting on April 30, 2018 at 13:00:00 UTC. 14,000,000,000,000 (fourteen trillion) LNCH ERC-20 compatible Tokens (“LNCH Tokens”) will be distributed according to the schedule below:7,000,000,000,000 seven trillion distributed during a 5 day (120 hours) period beginning on April 30, 2018 at 13:00:00 UTC and ending on May 5, 2018 at 12:59:59 UTC.7,000,000,000,000 seven trillionsplit evenly into 350 consecutive 23 hour periods of 20,000,000,000 LNCH Tokens each beginning on May 5, 2018 at 13:00:00 UTC. At the end of the 5 day (120 hours) period and at the end of each 23 hour period referred to above, a set number of LNCH Tokens will be distributed pro rata amongst all authorized acquirers, based on the total ETH contributed during those periods, respectively, as follows:Number of LNCH Tokens distributed to authorized acquirer = a * (b/c)a = Total ETH contributed by an authorized acquirer during the period.b = Total number of LNCH Tokens available for distribution in the period.c = Total ETH contributed by all authorized acquirers during the period.The distribution schedule comprises of one (1) 120-hour (5-day) period commencing April 30, 2018 at 13:00:00 UTC, followed by three hundred fifty (350) consecutive 23-hour periods commencing May 5, 2018 at 13:00:00 UTC. Within 23 hours after the end of the final 350 period ending on April 05, 2019 22:59:59 UTC, all LNCH Tokens will become fixed (ie. frozen) and will be non-transferrable on the Ethereum blockchain. ONLY ETH WILL BE ACCEPTED IN THE TOKEN DISTRIBUTION CONTRACT.





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