Lightyears - ICO Details

Overview
0
StatusInactive
HeadlineLightyears Token is the new amazing world of unlimited possibilities and opportunities.
CategoryTravel & Tourism
Starting date09/14/2018
Ending date03/20/2019
WebsiteView Website
WhitepaperView Whitepaper
Links
Project Info

THE AVIATION INDUSTRY HAS FLOURISHED AND EXPANDED OVER THE LAST FEW DECADES AS NEW AIRLINE CORPORATIONS EMERGED AFTER THE 2008 FINANCIAL CRISIS. THE PROJECTED WORLDWIDE REVENUE OF COMMERCIAL AIRLINES IS APPROXIMATELY $850BN USD BY 2018 SHOWING A SIGNIFICANT INCREASE FROM 2017 WITH A GLOBAL REVENUE OF $743BN USD. AS PASSENGERS PURCHASE FLIGHT TICKETS,

THEY TEND TO GET POINTS FOR EACH PURCHASE AS A LOYALTY PROGRAMS ENABLING THEM TO ENJOY CERTAIN BENEFITS WHICH COME WITH THOSE POINTS SUCH AS FREE IN-FLIGHT MEALS. WE PROPOSE TO INTEGRATE CRYPTOCURRENCY INTO THAT BUSINESS MODEL AS PASSENGERS WILL EARN TOKENS WITH EACH TICKET PURCHASE.

THESE TOKENS CAN THEN BE USED TO PAY FOR TICKETS AS AN ALTERNATIVE PAYMENT METHOD. PASSENGERS CAN LIQUIDATE THESE TOKENS WITHIN THE PARTNERED AIRLINE BRINGING MORE BENEFITS SUCH AS PAYMENTS WITHOUT THE NEED OF CREDIT CARDS WHICH IMPOSE TRANSACTION FEES AND TIME ON THE PASSENGER AS WELL AS A UNIVERSAL TOKEN WHICH CAN BE USED TO PAY FOR TICKETS IN AIRLINES AROUND THE WORLD WITHOUT THE NEED TO WORRY ABOUT FLUCTUATIONS IN THE EXCHANGE RATE.

LIGHTYEARS aim at providing distributed applications running on the Ethereum blockchain as a scalable, secure and convenient access point to services and data. We believe that providing digital assets to the ever-growing crypto community as an important stepping stone for the future of blockchain. As more cryptocurrencies and altcoins are introduced, many people especially those who previously had no access nor knowledge on the matter now have an entry point to the global payments system making international cross-border remittances easier than it ever had been.

A larger variety of services. Moving forward, we plan on listing LYS on reputable crypto exchanges besides those which we have already been listed on to increase our market share to maximize both visibility and profitability for users and the team enabling us to reinvest into the project by bringing in talented people to help us with meeting our roadmap goals sooner rather than later. Features such as refunds, itinerary modification and complaints can also be done on the DApp as it has been integrated with the airline system allowing for quicker responses and removing system failure on the airlines part.

The airline industry has its fair share of issues due to most of the processes are completed using technology as well as the integration of financial institutions such as banks for payments and such, we can safely say that said processes are not only inefficient but also troublesome. Another case of inefficiency is the breakdown of servers and databases which can lead to massive loss of personal identifiable information (PII) which has happened recently with Asiana Airlines in 2016 whereby 47,000 documents containing scanned passports, bank account information, home addresses, and other sensitive customer details on its website as a result of hacking.

One of Lightyears main features is the airlines rewards system whereby consumers who purchase flight tickets using the Lightyears DApp (Decentralized Application) with partnered airlines receive a certain number of tokens. The tokens, LYS can then be exchanged for other amenities within the integrated airline such as discounts on next ticket purchase, baggage allowance and in-flight meals to name a few.

ICO Details
Softcap20,000,000(USD)
Hardcap40,000,000(USD)
USA accepted
Currency AcceptedBTC,ETH,USD,Others
Coin SymbolLYS
Total Coins50,000,000
Coins for Sale20,000,000
Private-Sale/Pre-Mined Coins100,000,000
Coins Sold4%
Coin Price0.8 USD
Softcap Reached
Confirmed ExchangeForkdelta, TokenStore, Wandx, Bitox.io, BarterDex, EthErc, TokenJar, LoMoStar, Enclaves, EasyTrade, Ethen, AtlillyExchange, TokenDex, Ecex
Unsold Coins Goes to Team
Stage Details
Pre-CrowdFunding Lightyears (LYS) Token
Start date09/14/2018
End date11/13/2018
Token for sale20,000,000
Token Price0.6 USD
Bonus40%
Crowdsale P-2 Lightyears Token (LYS)
Start date11/15/2018
End date02/18/2019
Token for sale15,000,000
Token Price0.8 USD
Bonus30%
Crowdsale P-3 Closing
Start date02/20/2019
End date03/20/2019
Token for sale5,000,000
Token Price1 USD
Bonus10%
Team Info
Core Team

Andrew.Y

Ceo /Founder

Justin.W

COO

Shiva Ramarao

CTO / Development Officer / Speaker

Pásztor Miklós

Team IT developer

Grey Tan

Media Officer

Peter M. Nguyen

Project /Investment Manager

Advisory Team

Peter M. Nguyen

Tõnis Hilep

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