LiveContracts

LiveContracts

Created using Figma
Created using Figma

Last Update

Jan 22, 2018

Livecontracts Blockchain for decentralized workflows LegalThings One allows businesses and governments to organize a decentralized interorganization process, maintaining full GDPR compliance and confidentiality.
Risk: Very High
Apr, 2018
Jul, 2018
100% completed
$1 600 000
4% cap completed
Cap 40 000 000 USD
past
  • 1 LTO
    =
    0.5 USD
Token Details
Ticker
LTO
Accepted Currencies
ETH, BTC, LTC, BCH, XMR, DASH, FIAT, XRP
Company Details
Registered Country
Netherlands
Additional Details
Platform
Waves

About LiveContracts

What is a Live Contract?

A Live Contract is a formal agreement that allows interactions from humans. It is formalized in a way that is understandable for both humans and computers. The contract only shows the rules and presents the available options.

What is a Token-as-a-License (TaaL)?

Contrary to traditional licensing, token based licensing allows you to use the same licenses for different products and when the need arises. As tokens are sold or purchased on exchanges, the license is also transfered, so more users can use the software for a limited time.

How many tokens do I need for a service?

Platform access (500 LTO)
Create Live Contracts : 5 per week (1,000 LTO)
Interactions with Live Contracts : 250 per week (1,000 LTO)
Live Contract pre-package (10,000 LTO)
Full node with whitelabled environment (100,000 LTO)

LiveContracts Roadmap

  • May 2014

  • Started in 2014 as platform to create, share and sign contracts in a digital way. After the success of our first company FIRM24.com, we believed that DTM (Document Transaction Management) would be the next big thing after ERP and CRM-systems.
  • May 2015

  • We released the first version of the LegalThings platform. This version introduced a document and form builder, a document management system, advanced user and permission management and digital signing.
  • Jan 2016

  • For FIRM24 we had created software to run the procedures behind an incorporation. Other customers were also interested in these digitized procedures. We did a small pivot, now focusing on digitizing the contracts as finite state machine, rather than just signing.
  • Sep 2016

  • We have explored different methods of providing proof of signed documents. While other parties relied on trust and certifications, we wanted a better solution. We started using the blockchain for proof of existence.
  • Read More
  • May 2017

  • We experimented with Ethereum Smart Contracts and found out that it could only be used for self-enforcing agreements. Inherent constraints make them unusable for legally binding contracts.
    Instead, we found a much better solution in using our FSM in combination with the blockchain.
  • Sep 2017

  • During the blockchain hackaton organized by the Dutch ministry of Justice and Security, we demonstrated that a whole law can be digitized as a FSM and stored on the blockchain. This won us the first prize in the event which included the assignment to create the first digitized Dutch law on the blockchain.
  • 6 Dec 2017

  • Our token pre-sale starts on the 6th of December. For 24 hours, the pre-sale is open only for members. You can register to be whitelisted and participate in this members-only pre-sale. After the whitelist pre-sale, we'll continue with a public pre-sale.
  • Dec 2017

  • We'll launch the LegalThings One platform as beta. All token holders will be able to use the platform. New content, like (live) model contracts will be added in the coming months.
  • Q2 2018

  • All tokens represent the full capacity of the LegalThings One platform. During this sale we'll sell licenses (represented by LTO tokens) for the platform.
  • Q4 2018

  • We'll publish the Live Contract syntax as open standards under the CC-BY-SA license. Software to run Live Contracts will be available under the MIT license. This will allow third-parties to to create and run Live Contracts without relying on LegalThings One.
  • 2019

  • To set precedence of the legality of data stored on the blockchain, we'll initiate trials in several countries. The following countries are candidates for these trials: United Kingdom, United States, India, Russia and the Netherlands.

Activity

Followers:
31
VERY LOW
Tweets:
1
VERY LOW
30 Days Growth:
16
Members:
19 001
VERY HIGH
30 Days Growth:
5197
Alexa
Rank:
13 883 189
VERY LOW
Delta:
7 080 281
Year commits:
54
Watchers:
191
Stars:
227
Forks:
181
Open issues:
74

Team

Verified 11%

Attention. There is a risk that unverified members are not actually members of the team

Founder & Software Architect
verified
Founder & Head of Legal
verified
Founder & Head of Finance
unverified
Product Development Manager
unverified
MARTIJN BROERSMA
COO
unverified
DIEDERICK CARDON
Head of Legal
unverified
YEVHEN HORBACHOV
Frontend Developer
unverified
RICK ROS
Head of Sales
unverified
MOESJARRAF JAHANGIER
Full-stack Developer
unverified
MITCHEL KERCKHAERT
Developer
unverified
JURRE WOLSINK
Developer
unverified
SARFARAAZ JAHANGIER
Developer
unverified
MICHAEL NIEVELD
Legal & Tax
unverified
GUY HOEKS
Public Relations
unverified
MAURITS WISMEIJER
Legal (Thesis)
unverified
BENJAMIN ROELOFFS VA...
Designer & Marketeer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Former members

PETER VAN LEERSUM
Advisor

LiveContracts Interviews

Arnold Daniels
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As Software architect, I'm responsible for the technical design of the LegalThings One project.

The story of LegalThings started 4 years ago. Our document engine mvp progressed into a workflown engine.

At some point we were storing data of important processes, data that could heavily influence lives. While the whole team can be trusted, you don't want have to rely on trust alone. Adding layers of bureaucracy certainly helped, but killed productivity. Cleary we should do better. By employing blochain technology we could and would. This is how the LegaltlThings One platform came into existence.
Rick Schmitz
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
Hi I am Rick Schmitz, I am commercial man behind the Live Contracts project.

Last News

2.24
negative
5.0 19
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