Libereum is a new startup company that is launching its ERC20-based LIBER tokens. The main idea of this company is to create a system that will use a sports background with the goal of acquiring a football club in one of the best European leagues. Certainly, this will be no easy feature to achieve.
The company has been following the cryptocurrency industry closely recently and has discovered its possibilities so it is fully committed to creating a group that will be able to make real investments that will be profitable.
This company’s team has specialists in cryptocurrency and in the football business. They have years of experience in their respective areas and really have the knowledge to make this new company go forward in the market. The company is currently looking for the perfect team to buy.
Why Will Libereum Invest In Football?
Libereum believes that football is, in fact, the most popular sport in the world and, because of this, it is a great target for investment. The future of the cryptocurrency industry definitely crosses the future of football, the creators of the company believe.
Because of this, they believe that using the new token that the company is going to create, the LIBER ERC-20 token, will be a great investment. Also, users that hold tokens from the company will be able to get special options of payment for season tickets when they use LIBER tokens to buy them.
The idea is that the supporters of the teams that Libereum will purchase will start to purchase tokens from the company and this will make the price of the tokens rise with time, making it really profitable for people who invested in the company early.
How To Use Libereum?
If you are looking to get starting in investing in this new company, you have to create your account by using the “sign up” button on the site of the company and join the sales. After you confirm your email address, you can use the platform. There you will be able to see how much tokens you own. You can acquire the tokens during the upcoming sale.
After the company has already bought clubs, you can use the tokens to buy tickets and merchandise from these clubs.
The Libereum LIBER Token Sale
The pre-sale of LIBER tokens is already happening. It will have a total of 10,000,000 LIBER tokens for sale, which is also the soft cap (and the hard cap). This is certainly weird. The company states that the money will be enough to buy a club in one of the competitions that the company wants and add Libereum to several exchanges.
The price of tokens will be 0.60 USD for each token and the minimum purchase 5000 LIBER tokens per person without a maximum number. If you want to buy all the tokens that are still not sold, you can do it.
Libereum’s ICO, on the other hand, will have give different phases that will be followed. Each phase will have a cap of 8,000,000 LIBER tokens and the price will increase. It will start on 0.90 USD per token, then 1.25 USD, 1.70 USD, 2.25 USD and finish at 3.00 USD. The company is planning to start the sale in July.
There is also a referral system. You get 7% from the first level referrals that you make and, if these people call more people in, you get 2% from level two referrals and 1% from level three ones.
During 2018, the announcement of the clubs that will be bought by the company will also be made after the purchases have been done.
The Libereum Team
The site of the company states that Cem Kumlar is the CEO and founder of the company. Other members include Eric Ploum (Chief Operating Officer), Rob Ploum (Chief Commercial Officer), Panos Ziaka (football relations), Marlies Kikken (legal), Mohammed el Moussaoui (finances), Rinat Hatipov (graphic designer and sales), Rutgen Wijnen (sales) and Chretien Vroomen (sales).
Other members include Patrick Kalinowski (sales), Ahmed Qaddour (support), Ruwantha Sameera (developer) and Dhanusha Samarakkody (developer).
This company does not look like a great investment. While the idea of buying clubs to support the price of the token is not really bad by itself, the company has some huge red flags that should make investors very cautious.
One of these red flags is that the company does not provide a lot of information and the links for the LinkedIn of the members seem to be spotty at best. The creator’s profile looks like it was recently created and many links do not work or link people who do not state that they are working on the company. This is a very classic red flag for scam.
Another issue is that company states that it will buy the first team with the money from the pre-ICO. However, the pre-ICO will only raise 6,000,000 USD, which is not a lot of money to buy a great team, which will mean that the company will buy a lesser known and important team or that this information is not true.
Even if Libereum is not a scam you should be very careful before investing because it does not really looks like this company knows very well what it is doing.