INVESTMENT IN RENEWABLE ENERGY

The Power of Crypto backed by Green Technology

The world is transitioning to electric traffic at warp speed

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LIB Airdrops & Groundbreaking Gigafactory

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The Basics

Libcoin is supercharging crypto by plugging in the first tokenized Gigafactory. The coin democratizes access to a new class of investors to participate in top-tier green energy investments.

Backed by battery technology, the LIB token is a one-of-a-kind digital asset.We aim to start a Gigafactory of Lithium-Ion batteries built in a consortium with relevant partners.The raised funds will be deployed to accelerate the development of the first Gigafactory with the partner Avass to support the establishment of Libcoin as a leader in sustainable cryptocurrency.

The LIB token features a burn-and-mint model and offers a range of different utility, including governance, staking, and reward functions.

lightning symbol

What is Libcoin?

The Libcoin is a governance and reward token backed by a portfolio of investments into world-class battery technology. The mission of the Libcoin team is to bothaccelerate the transition into clean energywhile democratizing the community and financial opportunity through a novel crypto asset. The Libcoin will be the first crypto asset that offers potential holders' exposure to investments and rewards in the booming battery technology industry.

We expect to offer significant rewards for the Libcoin ecosystem. For instance, our backers are building India's first Gigafactory and have committed 25% of profits to annual token burn. With aprojected annual revenue of $5Bat maturity Libcoin's early backers will greatly benefit from the renewable energy transition.

libcoin token on coin

How Does it Work?

The Libcoin token is backed by green investments into Lithium-ion battery gigafactories. The capital raised with the LIB token will be invested into the construction of a lithium-ion Gigafactory. The factory is to be built with partner Avass. A 30GWh manufacturing plant should be established in India underpinned by Avass' unchallenged cell technology.

In order to minimize the time to market and allow for timely development of the Gigafactory, the LIB token functions will be rolled out in two stages. The base model including the burn-and-mint setup, as well as partner distribution, is active from launch. More advanced governance and staking functions are projected to be launched within 2 years.

LIB Token Functions

  • Backing of token with battery technology
    • Libcoin deploys raised funds into battery technology to back LIB tokens
    • 25% of any profits from the battery business are converted into LIB annually
    • Acquired LIB will be permanently removed from the supply by burning
  • LIB offers a more sustainable crypto asset
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Libcoin Foundation role

  • Deploy the received funds in battery technologies, update on progress
  • Update token holders on a quarterly basis
  • As soon as there are profits, acquire LIB with 25% of profits on a yearly basis and send them to the burn address

LIB Token Functions



Governance through staking

  • Staking is required to participate
  • Token holders can vote on minting new tokens and give their opinion with polls
  • Participation is rewarded with token distribution to stakers
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LIB partner rewards

  • Partnerships with sustainable businesses
  • Customers receive LIB tokens when buying from partners
  • Financed from LIB company reserves

Libcoin Foundation role

  • Build staking and governance interface
  • Propose minting of new tokens and consider token holder decisions
  • Offer polls via Snapshot
  • Distribute LIB tokens from buybacks, if available

LIB token: a positive feedback loop for green innovation



As soon as the full token functionality is launched, a positive feedback loop is kicked off, where token holders can meaningfully contribute to the success of the project by being active in polls and governance decisions. When profits increase and more tokens are burned, the LIB supply decreases and less is available for sale. Token holders who commit to staking the token and participate in governance will receive ongoing rewards from the staking rewards allocated by the Foundation. As a result, an accumulation of the token with the most active members of the community is expected over time.

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Libcoin tokens floating

ROADMAP

Our Strategy and Project Plan

The Libcoin team has committed to a high-level 2-year roadmap that will milestone the key project and investor activities. Our whitepaper contains the detailed roadmap, click here to have a look.

Q4 2021

Pre-Sales Complete

Q4 2021 / Q1 2022

Initial Push
Pre-Launch
Marketing & PRs

Q1 2022

Exchange Listings

Q2 2022

Gigafactory Groundbreaking

Q3 2022

Libcoin Token Governance Phase 1

Q4 2022

Libcoin Token Governance Phase 2

OUR TEAM

Meet a Crew of Professionals

Our team comprises high-level executives cumulatively bring in more than 60 years of battery technology expertise and comprises specialists in lithium-ion battery technology, sales, financial services, investment management and manufacturing.

GEORGE H. GREGOR
GEORGE H. GREGOR

Executive President

SCOTT ZIEGLER
SCOTT ZIEGLER

Executive Legal Advisor

CHRISTOPHER KENNY
CHRISTOPHER KENNY

Executive Advisor

HENRY BEHNKE
HENRY BEHNKE

Financial Advisor

JEFF KEILY
JEFF KEILY

Energy Advisor

VIBHUTI JHA
VIBHUTI JHA

Marketing Advisor

DAN CANDELORE
DAN CANDELORE

LATAM Advisor

ALLEN SAYLAV
ALLEN SAYLAV

Advisor

DR. PRAMOD SADARJOSHI
DR. PRAMOD SADARJOSHI

Advisor

MURALI KOTAGIRI
MURALI KOTAGIRI

Advisor

DAVE SAHA
DAVE SAHA

Asset Advisor

PETER ASIMUS
PETER ASIMUS

Chief Operations Officer

ATISH SHELAR
ATISH SHELAR

CTO

GORDANA GORGIEVSKA
GORDANA GORGIEVSKA

Chief Finance Officer

NISHA LAD
NISHA LAD

Engineering Advisor

VICTOR WEBB
VICTOR WEBB

Advisor

OUR PARTNERS

We Collaborate Only With The Best

Libcoin's partners Avass and the Duggal Family Trust make it a prime player and very well-positioned in the market for production of lithium-ion batteries in India.

Avass has a successful history in developing world-leading battery storage technologies & EV manufacturing.

  • Commercial buses of Avass are already running on ground with more than 800 km range on single charge.
  • Car prototype R800 is already produced with a ground-breaking technology of producing 1160km within a single charge

The core of each electric vehicle, the battery, is produced in-house.

The Libcoin project is part of the Duggal Family Trust (DFT) and the DFT Group of Companies.

  • DFT is an investment trust that invests and manages in a range of industries that includes real estate, commodity trading, facility protection and integrated security services, engineering and construction, electric transport and battery storage.
  • It is active mainly in Australia, Singapore, India, New Zealand, China and Indonesia but with activities all over the world in other countries such as Hong Kong, Macau, Mauritius, Peru, Turkey, Nigeria, Russia, South Africa, the UK and the US.

The DFT Group of Companies supports Libcoin with its know-how in cutting edge technologies and extensive experience

DFT logoMazTechnosoft logoM6 LogoCER logoGCAPS logoAvass logo