Bitcoin
Bitcoin$49 756.45

-11.92%

Ethereum
Ethereum$3 733.43

-12.75%

Binance Coin
Binance Coin$592.19

-10.93%

Tether
Tether$1.00

0.03%

Cardano
Cardano$1.79

2.29%

Dogecoin
Dogecoin$0.399709

-19.77%

Price predictions

Little Phil – ICO Detailed Information


ICO Little Phil
Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start June 1, 2019
End August 31, 2019
Rating 3.7
Status
KYC Yes
Founded
Categories Charity
Platform
Whitepaper No
Discussion
Countries

Get Tokens Now

Little Phil Overview

ICO description, Technical Details and Documents

The development of blockchain technology still continues to bring new use cases, all of which have a goal of bettering the world, various industries, and more. Since the attention shifted from the crypto trend itself towards the blockchain, the new technology's potential began to unravel, and new ways in which it could improve the modern world kept emerging ever since.

While its biggest use case is still within the financial industry — the blockchain has already started to spread to numerous others. It is already significantly improving the supply chains, and there are many projects out there that are trying to implement it in medicine and healthcare, voting systems, the tech industry, and many others.

However, this is not the end, and blockchain can also be used for charitable purposes, which is what a project called Little Phil is trying to achieve.

About Little Phil


Little Phil is a platform powered by blockchain technology, and it brings a completely new way of dealing with trust issues when it comes to charities. Charities are all about collecting funds from charitable individuals and entities and using them to help those in need. However, whenever there are large amounts of money involved, there are trust issues, as you can never be 100% certain regarding what the money you are giving will be used for.

Scams and scammers are everywhere, and so are thieves and others who might misuse the trust in order to get the money for themselves. By using a public ledger, smart contracts, and unique digital identities — Little Phil will provide givers with the Proof of Need, as well as Proof of Impact. It will show people that those in need are out there, but also how the donations are helping them.

People will be able to give on their terms, and they would need nothing more than a smartphone to impact someone else's life in a positive way. This is expected to create a highly-engaging experience that will allow the givers to immediately feel the impact of their generosity. As a result, they might be more open to giving away as much as they can afford to donate.

Of course, the platform will be using its own native token, which is expected to hold its sale at some point in the future.

Little Phil ICO details


As mentioned, the Little Phil ICO is coming, although it was not yet announced when exactly it would be held. There are other details that are already known, however, such as the token's ticker — LPC. This will be a utility, and it is being developed on Ethereum's network. As an ERC-20 token, it will be obtainable in exchange for ETH, with its price being $0.1 per 1 LPC.

The project already has an MVP, and the token sale will also feature a bonus. The token sale's soft cap will be at $21.5 million, and its hard cap is at $400 million. The project is registered in Australia, and the only area restricted from participating is China.

Everyone else is welcome to join, although KYC and Whitelist procedures are required in order to participate.

Author: Ali Raza for Crypto-Rating.com

Little Phil Milestones

* Crypto Rating accepts no liability for any errors in the Little Phil ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.