Categories
AMA Sessions

1st AMA Session

LIT.FUND 1st AMA Session

Agenda

1. Welcome & Introduction

2. Overview of the healthcare claims marketΒ 

3. Healthcare lawyers provide their perspectives. Isabel Bathurst & Geoff Simpson-ScottΒ 

4. Now is the time to innovate

5. How does crypto fit into this?Β 

6. Q&As

Hosts:

Anneen Carlisle

Co-Founder - Patient Safety Ambassador & Head Of Healthcare Rewards Scheme

Anneen Carlisle RGN is a practicing clinical surgical Matron. With a wealth of 30 years experience her most recent achievement has been to create an award winning surgical emergency unit by incorporating traditional standards into a modern dynamic environment. In 2020 she won her election seat as staff governor within the NHS, where her tenacity, positivity and knowledge empowers her to be a formidable ambassador for patients and staff.

Nina Dayal

Co-Founder - Head of Counter Fraud Strategy

Nina is a Counter Fraud Specialist and is a well established and respected seasoned practitioner with extensive experience in anti fraud strategies. A former Partner, Complex Fraud Lawyer, Deputy Director of Fraud Ring Operations and Director of Liability Fraud in a top 50 Law firm. Also a former Director and Head of Legal, Risk and Compliance at a niche ABS law firm occupying the positions of Compliance Officer for Legal Practice and Compliance Officer for Finance and Administration. With a wealth of experience including; expert insurance claims knowledge, both claimant and defendant litigation, forensic claims investigations, developing, coordinating, communicating and delivering anti fraud strategies, detection, prevention and defence. Nina is also a specialist adviser to law firms on regulatory risk and compliance with a particular interest in anti money laundering regulations.

Speakers:

Sajid Hussain

Founder & Blockchain Architect & Engineer

An award-winning innovator recognised as a visionary with a proven track record in ideating & executing innovative go-to-market solutions. Sajid is a University of Oxford certified blockchain & fintech strategist.

He has assisted investors, entrepreneurs, healthcare providers, lawyers, law firms, medico-legal agencies, IFA’s, litigation funders, MedTech & insurance companies to identify opportunities and develop new revenue streams for efficiently identifying, fairly resolving & learning from medical failures using blockchain-powered smart legal contract strategies.

The architect behind LIT.FUND. The first fintech ecosystem for the multi-billion-pound GBP UK Healthcare Claims Market. Where innovation to efficiently detect, resolve & prevent medical failures enables LIT.FUND token holders to ethically stake on smart legal contracts for legal bills owed by the UK Government or insurance companies.

Isabel Bathurst

Co-founder & Head Of Healthcare Claims

Isabel is a specialist in catastrophic injury claims involving brain and spinal injured claimants and also has extensive clinical negligence experience, with expertise developed over 20 years. During the past 7 years, Isabel has concentrated her practice on foreign jurisdiction claims for both claimants and defendants and on inquest and inquiry work.

Geoff Simpson-Scott

Clinical Negligence Partner & Author

Geoff Simpson-Scott is Head of Clinical Negligence at Simpson Millar and the author of A Practical Guide to Clinical Negligence. The Legal 500 has described him as a “always helpful & understanding” and he aims to assist others in adopting a more innovative approach to clinical negligence.

Kate Burt

Co-Founder, Chief Counsel

Kate Burt is a solicitor with over 20 years experience in the Legal Sector. Kate advises top 50 law firms and award winning regtech and legal service providers on market strategy, law firm insights and regulatory compliance. Kate is the founder of HiveRisk.co.uk and co-founder of β€˜Compliance for Law Firms’, a weekly discussion forum attended by some of the top law firms in the UK.

Tony Brown

Co-Founder -Chief AML & Compliance Advisor

Tony Brown Pg.Dip(FCP), Dip.(FinCrime), Cert.(AML), FICA, ACAMS is a Specialist Advisor on anti-financial crime and regulatory compliance and is responsible for advising projects on risk, working closely with project leaders to deliver on strategic goals in a sustainable and innovative way. Tony is a Fellow of the International Compliance Association (β€œFICA”) and has 18+ years experience working in financial services, most of which has been spent in regulatory compliance roles. He has a passion for anti-money laundering and counter-terrorist financing and is a cryptocurrency and digital asset risk expert. Outside of Lit.Fund, Tony is Head of Compliance & Money Laundering Reporting Officer (β€œMLRO” at IFX Payments, a Global FinTech that issues digital IBANS to clients requiring treasury management and payments solutions. He also sits on the Executive Committee of the Association of Foreign Exchange and Payments Companies (β€œAFEP”).

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ABOUT LIT.FUND

LIT.FUND is an ESG focused smart legal contract powered crypto token and NFT marketplace project being developed by Frontier Legal Ltd. The LIT.Fund ecosystem is on a mission to reward its community through supporting and driving innovation that has a positive impact on society anf this also drives up the value of LIT.Fund tokens (LFND).

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TERMS AND CONDITIONS FORΒ LIT.FUND PRESALE AND NFTs

UPDATED: 02/MARCH/2022 21:10PM GMT

1. INTRODUCTION
1.1 This agreement is between you, the person participating in the LIT.FUND PRESALE or purchasing LIT.FUND NFT (you, your) and Frontier Legal Ltd (Frontier Legal, us, we, our).
1.2 Please read these Terms and Conditions (Terms) carefully before placing an order. By participating in the LIT.FUND PRESALE on this site or purchasing LIT.FUND NFT, you agree to be bound by these Terms. If you are not willing to be bound by these Terms please do not place an order.

2. CHANGES TO TERMS
2.1 We reserve the right, at our discretion, to modify, add, or remove any or all of these Terms at any time and each such change shall be effective immediately upon posting.
2.2 Your continued use of this site and participation in the LIT.FUND PRESALE or purchase of LIT.FUND NFT following the posting of changes to these Terms will mean you accept those changes. Please check the Terms before placing each and every order.

3. ENTIRE AGREEMENT
3.1 These Terms together with our Privacy Policy, which can be found on our website β€˜LIT.FUND’, constitute the entire agreement between you and us and supersedes all previous agreements, promises, assurances, warranties, representations and understandings between us, whether written or oral, relating to its subject matter.
3.2 You acknowledge and agree that by accepting these Terms that you do not rely on any statement, representation or assurance (whether made innocently or negligently) that is not set out in these Terms or our Privacy Policy.
3.3 You shall not have any claim for innocent or negligent misrepresentation against us based on any statement in these Terms.
3.4 Except as expressly stated in these Terms, we do not give any representation or undertakings in relation to your participation in the LIT.FUND PRESALE or purchase of LIT.FUND NFT. Any representation which might be implied or incorporated into these Terms by statute, common law or otherwise is excluded to the fullest extent permitted by law. In particular, we cannot guarantee the success or performance of Frontier Legal Ltd against published Milestones and we cannot guarantee performance in relation to the value of LIT.FUND TOKENS once launched.

4. OUR FUND RAISING STRATEGY
4.1 The LIT.FUND PRESALE and subsequent LIT.FUND TOKEN LAUNCH form one part of the overall funding strategy for Frontier Legal. This method of funding is sometime referred to as an Initial Coin Offering or ICO. The term ICO refers to a digital way of raising funds from the public using a virtual currency, also known as cryptocurrency. An ICO can also be known as β€˜token sale’ or β€˜coin sale’.
4.2 LIT.FUND NFTs can be purchased as digital art from Opensea.io see paragraph 5.
4.3 By participating in the LIT.FUND PRESALE or by purchasing a LIT.FUND NFT you are supporting the tokenisation of transformation projects in Frontier Legal’s ESG focused Ecosystem. Frontier Legal’s current Roadmap can be found on our website β€˜LIT.FUND’.
4.4 When you participate in the LIT.FUND PRESALE you have an opportunity to redeem the number of LIT.FUND TOKENS that is stated at the LIT.FUND PRESALE checkout when you place your order. These will be provided to you once LIT.FUND TOKENS have launched. This is strictly subject to you passing our Due Diligence Procedures which you will evidence by obtaining and presenting a valid LIT.FUND verification NFT.
4.5 For the avoidance of doubt you will not receive shares in Frontier Legal when you purchase LIT.FUND PRESALE or LIT.FUND NFTs.
4.6 You must be at least 18 years old to purchase LIT.FUND PRESALE. Purchases can be redeemed against LIT.FUND TOKENS for the benefit of other individuals including those below the age of 18 years old upon evidencing a valid LIT.FUND verification NFT.
4.7 We reserve the right to charge an administration fee of Β£25 for each and every purchase of LIT.FUND PRESALE. This fee represents the compliance costs relating to our Due Diligence Procedures. Where charged, this fee is not refundable.

5. LIT.FUND NFTs
5.1 LIT.FUND NFTs can be purchased from Opensea.io as digital art.
5.2 Certain LIT.FUND NFTs come with additional bonus features or rewards that can be redeemed subject to the purchaser evidencing a valid LIT.FUND verification NFT which signifies that our Due Diligence Procedures have been passed.
5.3 Some bonus features and rewards can be transferred or sold on from the original purchaser to a new buyer subject to the original purchaser evidencing a valid LIT.FUND verification NFT.
5.4 LIT.FUND NFTs sold at more than 10,000 USD are only available for private sale to buyers that can evidence a valid LIT.FUND verification NFT.
5.5 It is a breach of these Terms to make a purchase of more than 10,000 USD without obtaining a valid LIT.FUND verification NFT and we reserve the right to restrict or withdraw bonus feature and rewards should this clause be breached.

6. CONSUMER WARNING ABOUT THE RISKS OF INITIAL COIN OFFERINGS (β€˜ICOS’)
6.1 The Financial Conduct Authority has published guidance to consumers about ICOs. Before participating in any ICO, including ours you should make yourself familiar with this guidance which can be found here Initial Coin Offerings | FCA.
6.2 Before participating in our LIT.FUND PRESALE you should conduct your own due diligence in relation to our project and our founding team and assess each of the following risks highlighted by the FCA in their guidance:
a) Unregulated space: Most ICOs are not regulated by the FCA and many are based overseas.
b) No investor protection: You are extremely unlikely to have access to UK regulatory protections like the Financial Services Compensation Scheme or the Financial Ombudsman Service.
c) Price volatility: Like cryptocurrencies in general, the value of a token may be extremely volatile – vulnerable to dramatic changes.
d) Potential for fraud: Some issuers might not have the intention to use the funds raised in the way set out when the project was marketed.
e) Inadequate documentation: Instead of a regulated prospectus, ICOs usually only provide a β€˜white paper’. An ICO white paper might be unbalanced, incomplete or misleading. A sophisticated technical understanding is needed to fully understand the tokens’ characteristics and risks.
f) Early stage projects: Typically ICO projects are in a very early stage of development and their business models are experimental. There is a good chance of losing your whole stake.

7. OUR COMMITMENT TO YOU
7.1 We commit to a high standard of effort and dedication to achieve Frontier Legal’s published Milestones in a transparent way. Notwithstanding this, you acknowledge that despite considerable research and development that has already gone into our project, we are creating something new and there may be changes or delays including changes to the date scheduled for the launch of LIT.FUND TOKENS.

8. LIT.FUND PRESALE BENEFITS AND RISKS
8.1 BENEFITS
By participating in the LIT.FUND PRESALE:
a) You are supporting the tokenisation of transformation projects in Frontier Legal’s ESG focused Ecosystem which aims to revolutionise the legal services market and increase access to justice.
b) You have an opportunity to receive LIT.FUND TOKENS to the number stated at the checkout when you place your LIT.FUND PRESALE order, this is strictly subject to our Anti Money Laundering Due Diligence Procedures and these Terms.
c) You have the opportunity to unlock participation in projects, events and features of the LIT.FUND platform subject to corresponding participation rules.
d) By accepting these Terms you are confirming that you understand that your purchase of LIT.FUND PRESALE is primarily to support us achieving our published Milestones.
8.2 RISKS
a) LIT.FUND PRESALE orders do not guarantee any return other than the efforts of Frontier Legal to achieve their Milestones.
b) There is a risk that Frontier Legal’s Milestones will be delayed, changed or cancelled and in extreme circumstances, despite best endeavours, Frontier Legal may fail as a business. In these scenarios no refunds of LIT.FUND PRESALE orders, LIT.FUND TOKENS or administration fee are available.
c) In order to redeem LIT.FUND TOKENS following your LIT.FUND PRESALE order you are required to cooperate with us in order for us to complete any further AML due diligence beyond that already carried out when you placed your initial order. The level of due diligence that we undertake at any stage is at our complete discretion to ensure that we do not breach Anti Money Laundering Regulations.
d) You may be required to pay a reasonable fee for any further due diligence that is required depending upon your specific circumstances beyond that which you paid when you placed your LIT.FUND PRESALE ORDER. For example, in addition to the verification of your identity we may ask for an explanation and evidence of the source of the funds with which you purchased LIT.FUND PRESALE and in some circumstances you may be asked to explain and evidence the source of your overall wealth.
e) If we are unable to contact you or if you are unable to satisfy any further Due Diligence that may be required you may be unable to redeem LIT.FUND TOKENS. In this scenario you are not entitled to a refund but we may consider refund requests on a case by case basis.
f) Should you have any concerns that you may not be able to prove your identity or evidence legitimate source of funds do not participate in the LIT.FUND PRESALE.
g) Once launched, the value of LIT.FUND TOKENS will by their nature fluctuate and increasing value over time cannot be guaranteed. In extreme cases the value of LIT.FUND TOKENS may fall to zero. In this scenario no refunds of any LIT.FUND PRESALE order, LIT.FUND TOKEN or administration fee.

9. ANTI MONEY LAUNDERING
9.1 We consider the risk of Money Laundering or Terrorist Financing to be low when LIT.FUND PRESALE orders are made. We have assessed this on the basis that proceeds from the LIT.FUND PRESALE are used towards the tokenisation of transformation projects in the Frontier Legal’s Ecosystem directly in accordance with our published Milestones.
9.2 We recognise that there is a higher risk of Money Laundering when refunds are made and when LIT.FUND PRESALE is redeemed against LIT.FUND TOKENS and then traded. For this reason we apply Due Diligence Procedures to our LIT.FUND PRESALE processes and when issuing LIT.FUND TOKENS or associated bonuses and rewards. You may be required to evidence a valid LIT.FUND verification NFT before these items and features can be redeemed.
9.3 In order to obtain a valid LIT.FUND verification NFT you will be required to evidence and verify identity and for certain purchases we may require you to evidence the source of your funds and in some circumstances we may ask you to evidence how you have accumulated your overall wealth.

10. CANCELLATION AND REFUNDS
10.1 In participating in the LIT.FUND PRESALE you acknowledge that you are not purchasing goods or services as defined by The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and as such you have no right to a cancellation period.
10.2 For the avoidance of doubt your purchase represents a crowd-funded type donation and any other reward or benefit such as redemption against LIT.FUND TOKENS is secondary and not guaranteed.
10.3 You are responsible for ensuring your ability to receive LIT.FUND for example through a suitable custodial wallet and any associated platform applications and websites. You bear all risk of loss after participating in the LIT.FUND PRESALE to follow instructions to receive LIT.FUND TOKENS. You bear all risk of any loss due to a computer or hardware malfunction or internet connectivity issues. If you have any concerns or if you are unable to redeem LIT.FUND PRESALE order against LIT.FUND TOKENS when they have launched and you have been unable to answer your query through review of the LIT.FUND website, please e-mail us at Hello@LIT.FUND.

11. LIMITATION OF LIABILITY
11.1 Whilst we commit to making every reasonable effort, we cannot be held liable for and we expressly disclaim any liability or responsibility for our performance against published Milestones. You acknowledge that you must make the final determination as to the appropriateness of your contribution made by participation in the LIT.FUND PRESALE.
11.2 We cannot be held liable for the performance of LIT.FUND TOKENS once launched and we cannot be held liable for any change in the schedule of the Public Sale. For the avoidance of doubt there is no longstop date by which the Public Sale must commence.
11.3 Should we be unable to launch LIT.FUND TOKEN for reasons outside our control, such as a change in regulation for example, we are not liable and you will not be eligible for a refund of your LIT.FUND PRESALE order, LIT.FUND NFT or any administration fee.
11.4 In any event and without prejudice to the above, any liability of Frontier Legal is limited and does not exceed the total amount you paid in your participation of the LIT.FUND PRESALE in the transaction related to any claim for compensation.

12. PAYMENT
12.1 Payment for LIT.FUND PRESALE order, LIT.FUND NFT and administration fee is restricted to certain payment methods as allowed at the checkout when placing your order.
12.2 You may be asked to pay for and complete ID verification before you place your order. You may be subject to further administrative fees if there is more detailed due diligence required or where a discretionary refund is provided. The level of fee applied will be determined on a case by case basis at our discretion.

13. PRIVACY
13.1 Registration and other information provided by you is subject to our Privacy Policy and shall only be used in accordance with it. For more information, please go to our Privacy Policy on our website β€˜LIT.FUND’.

14. MISCELLANEOUS
14.1 We may assign our rights and obligations under these Terms to any another person. If there is any such assignment of rights and obligation, we will inform you in writing or by e-mail at Hello@LIT.FUND
14.2 You cannot transfer your rights and obligations under these Terms to any another person without our written approval.
14.3 This contract is only between you and us. No other third person shall have any rights to enforce any terms.
14.4 Each paragraph of these Terms are separate and distinct form other. If any court or relevant authority determines any of paragraphs of these Terms is unlawful, then such determination will not affect other paragraphs and all other remaining paragraphs will remain in effect and full force.
14.5 English law governs these Terms and contract between you and us. English courts will have jurisdiction on any dispute that may arise out of this Terms or contract between you and us. However, you may bring proceedings in Northern Ireland if you are a resident of Northern Ireland, and you may bring proceedings in Scotland if you are a resident of Scotland.

15. COMPLIANCE WITH THE LAW
15.1 You will only participate in the LIT.FUND PRESALE, TOKEN LAUNCH and purchase of LIT.FUND NFT in compliance with all applicable national and international laws.

16. CONTACT US
16.1 For any questions or queries you can contact us by e-mail at Hello@LIT.FUND

Users are advised to click above and read the terms and conditions carefully.

*Capital at risk. Terms apply & passing an ID verification is required. Crypto & NFT’s are volatile and not regulated. Crypto & NFT sales can be taxable. Buying and selling fees apply

When you buy, mint, or sell LFND tokens or NFT Coins, we will disclose an exchange rate and the transaction fee you will be charged for that transaction. The exchange rate may include a margin or royalty to the artist, innovator, Frontier Legal Ltd, and/or LIT.FUND project earns on each purchase and sale and conversion between your LFND tokens or NFT and the relevant cryptocurrency, service, or goods which are purchased. For further details about LIT.Fund projects that are developing services which may involve an exchange rate, crypto token transaction or royalty fees, please follow our roadmap for updates.

Buying and selling cryptocurrency and NFT’s is subject to a number of risks and may result in significant losses and the loss of all the money you have paid for it. Please see our disclosure here for more information.

Cryptocurrency is volatile. The value of cryptocurrency can rise or fall suddenly so you can lose money just as easily as you can make it. Keep your budget in mind. LIT.FUND Presale NFT’s start at Β£30, so it’s ok to start small and follow our “how to get smart programme” or our weekly Live AMA’s (Ask Me Anything) sessions to ask your questions and build up a better understanding of how our NFT and Crypto Tokens are performing according to our roadmap. Cryptocurrency and Crypto token sales can be taxable. The gains or losses from your cryptocurrency sales may be subject to capital gains tax or income tax.

With the planned launch of the LIT.FUND Wallet In Q2, 2022, you can buy, sell and hold cryptocurrency and NFT’s through the LIT.Fund Wallet.

Purchases and sales of cryptocurrency aren’t reversible and cannot be changed. None of the information provided by LIT.FUND or this website should be taken as tax, financial, legal, trading or investment advice. Consider seeking advice from your financial or tax adviser.

The crypto token and NFT service is provided by LIT.FUND which is a trading style of Frontier Legal Ltd. Frontier Legal Ltd’s cryptocurrency service is not regulated by the UK Financial Conduct Authority.

Therefore, if something goes wrong with the crypto token or NFT project, you won’t be able to use the UK Financial Ombudsman Service, the European Consumer Center or have the protection of any UK Financial Services Compensation Scheme.

Copyright Β© 2022 LIT.FUND. All rights reserved.

Registered Office: 79 College Road, Harrow, Greater London, HA1 1BD, UNITED KINGDOM (UK)

Live Roadmap & Milestones

2017
Frontier Legal Ltd Founded & R&D Started
The research and development of blockchain and smart contracts has begun. A particular focus on the implications for the multibillion-pound GBP UK healthcare claims industry.
2019
Development Of FinTech Powered Calculator To Tokenise Healthcare Claims

This innovation has the potential to expand learning opportunities while also addressing the independent investigation and legal expenses of medical claims in England and Wales. In a market where the NHS alone spends over Β£2billion GBP settling claims of which approximately Β£500 million GBP annually is paid out in Legal costs (NHS Resolution, Annual Accounts 2019/20).

January 2020
Platform Developed (BETA) For Medical Professionals & Expert Witnesses To Screen & Report On Claims
We collaborated with medico-legal professionals who were tasked with conducting independent investigations into claims in order to assist them in streamlining their processes and gaining access to new sources of financing. Some of them are certified by the National Health Service or are instructed by someone of leading law firms in the UK.
March 2020
UK Covid Lockdown Starts
We went into lockdown about the time we started approaching possible investors for traditional kinds of investment and finance.
September 2020
NDA With Insurance Companies
We've begun preliminary discussions with insurers about insuring our healthcare claims programme. To create the first plan of its kind that would increase access to justice, was ESG-focused and transparent, and would assist claimants, defendants, and the NHS save money on legal fee.
October 2020
NDA's with Investment Bank & Institutional Funders
A publicly traded investment bank and institutional funders approached us to learn more about or idea of creating a financial instrument to pay healthcare claims in England and Wales. Due diligence on our fintech-powered ESG methodology.
January 2021
Initiated the development of a platform for upfront fixed fee services for all types of professional and legal services.
We discovered how our platform can be used for all types of legal services affected by the newly introduced transparency rules introduced by the Solicitors Regulation Authority (SRA), which are similar to the Financial Conduct Authority (FCA), while working on the project to fix the legal costs of healthcare claims.
March 2021
LIT.Fund Innovation Incubator Launches

The LIT.Fund Incubator was launched while the project was in stealth to test the reaction from key players in the sectors we are targeting.

  • 4 Law firms have signed NDA to explore how LIT.Fund tokens can offer their clients with a more ESG focused funding
  • Several lawyers sign NDA's to discuss opportunities to join the platform
  • Largest patient safety charity in UK signs NDA
  • Several expert witnesses sign NDA to join the platform
  • 2 expert witness agencies sign NDA to start exploratory talks about the platform and funding opportunities
  • Leading Medico-legal Training provider signs up
  • 2 legal costs recovery firms and and many costs lawyers signup
  • FCA regulated crypto exchange starts exploratory talks

Discussions and collaborations are ongoing. Some of these partnerships and schemes will be announced in the future.

October 2021
Listed Investment Bank Completes Due Diligence & Makes An Offer (With Caveats)

Following 51 weeks of working with an investment bank that carried out due diligence covering everything, the bank made an offer for a multi-million-pound facility with caveats for traditional funding rather than a DeFi powered blockchain and smart contract-powered digital asset-backed model.

21 November 2021
UK Law Commission Publishes Report For The UK Government & Announces Blockchain-Powered Smart Legal Contracts Are Classed As Enforceable

On the 25th November 2021, the Law Commission (a statutory body set up by the UK Government) declared that β€˜β€¦the current legal framework in England and Wales is clearly able to facilitate and support the use of smart legal contracts, without the need for statutory law reform’.

Frontier Legal LTD has already developed court-compliant, smart legal contract capabilities, as well as a strategy for the execution and adoption into the UK legal market. The Law Commission’s findings remove barriers, and empower LIT.Fund model to rapidly deliver on that strategy, and grow the adoption across multiple legal processes, and in any industry where contracts are exchanged.

22 November 2021
We Start Planning The LIT.Fund Token (LFND) and NFT Coin Launch

Being involved in innovation in the legal sector can be a very painstaking process for innovators. But the statement on the 25th November 2021 gave us the green light to go live with what we had been planning to do since 2017.

11 January 2022
Every lawyer will require familiarity with crypto, says Master Of The Rolls

Every lawyer will need to know about blockchain, smart legal contracts and cryptoassets, the master of the rolls stated today. 'Major developments are imminent. They will mean that every lawyer will require familiarity with the blockchain, smart legal contracts and cryptoassets,' Sir Geoffrey Vos told an event to launch a new edition of authoritative guidance on the legal and regulatory aspects of the technologies underpinning digital currencies and the booming market in 'non fungible tokens' (11 Jan 2022, Law Gazzette).

April 2022
Website Launch & NFT Coins Are Unveiled For The First Time

Website soft launch and social media accounts are unveiled for community building and professional partnerships to begin.

May 2022
Private Sale, AMA's & Affiliate Programme Starts
  • AMA (Ask Me Anything) Sessions With The Team & Project Co-founders Covering Healthcare, Legal, Insurance & Property Sectors.
  • Presale Whitelisting Begins
June 2022
First Projects By Innovators Begin
  • Following our AMAs the LIT.FUND launchpad began partnerships in stealth with clinicians, lawyers & professionals to start offeringΒ 
Q3, 2022
Project Updates, LIT.FUND FC NFT Token Sale Starts & Public Exchange Listing Announcement
  • LIT.FUND website updated to showcase some of the featured projects being worked on in stealth. These include FixedFeeServices.com. PHReports, iThinkify & NFT Launchpad. They are all being powered by LFND tokens and LIT.FUND buyback protocols.
  • LIT.FUND NFT Store launches for participants who have signed up for presale whitelist. NFT Store will offer presale NFTs with 20 month LFND token rewards for the first wallets to mint and register each NFT.
  • Geoff Simpson-Scott joins LIT.FUND team as head of Healthcare & Legal Innovation to progress projects and update LIT.FUND Community.
  • 15 October 2022 exchange listing update & KYC platform is expected to go LIVE.
Q3, 2022
Exchange Listing Update

First exchange listing of LITFUND Tokens expected to be early as 21st Oct 2022 on CoinTiger Exchange*. Follow our telegram for updates.

5th SEPT 2022
LIT.FUND appoints Geoff Simpson-Scott as Head of Healthcare & Legal Innovation.Β 

LIT.FUND appoints Geoff Simpson-Scott as Head of Healthcare & Legal Innovation.Β 

Geoff brings 20 years’ experience of clinical negligence to LIT.FUND. He will be applying his extensive knowledge of litigation resolution strategy to provide innovative and successful healthcare claims solutions.

Geoff has developed his expertise at several leading law firms; most recently as Head of Clinical Negligence at a national consumer law firm. He is an experienced leader, communicator, data analyst, auditor and trainer.Β 

Geoff has been recognised in The Legal 500 as being β€œalways helpful & understanding” and is the currently writing the 3rdΒ Edition of his popular practitioner text β€˜A Practical Guide to Clinical Negligence’.

Geoff will use theΒ LIT.FUNDΒ Launchpad to engineer blockchain-powered smart legal contract protocols to improve outcomes for all stakeholders. One such use case is building a smarter informed patient consent process to reduce case durations in litigation & improve the delivery of efficient healthcare.Β 

3 OCT 2022
LIT.FUND announces launch of its protocol-driven and smart contract-powered NFT Launchpad for innovators

LIT.FUND is proud to announce it has launched its protocol-driven and smart contract-powered NFT Launchpad for innovators to drive ESG-focused transformation and change in different industries.

The launchpad provides companies, brands, and innovators who are on a mission to drive innovation through launching smart protocols for their industry. These protocols can execute immutable smart contracts and issue NFTs for processes/procedures/audits that may have traditionally slowed down transactions, payments or delayed offers for funding and services. Protocols being developed by participants are helping to eliminate the lack of data transparency, trust between parties and governance which can currently give rise to disputes or forgery.

The platform is already being used by the LIT.FUND professional community from the legal, healthcare and crypto sectors to build safer and more informed ways for doctors to obtain patient consent for medical procedures. For building smarter and immutable independent audits and reporting protocols for litigation funders and insurers. In addition to building a better way to launch a crypto token presale that can help avoid a 'pump and dump' or 'rug pull' scenario.

Geoff Simpson-Scott who is head of healthcare and legal innovation at LIT.FUND explains how his division is using the NFT Launchpad. "LIT.FUND's launch of it’s NFT platform starts the journey towards using smart contracts to improve access to justice, fair compensation and reducing legal costs.

The immutability of recording transactional events on the blockchain increases the transparency of what is occurring both during a clinical negligence case itself and to the events giving rise to compensation claims before the harm arises. This greater degree of transparency will lead to clearer accountability, improved trust on both sides and reduces the scope for disputes in the way Sir Geoffrey Vos MR envisages."

The LIT.FUND launchpad is already working with innovators who are seeking to transform small to multi-billion GBP industries by participating in the LIT.FUND Launchpad and collaborating with the development team. If you are an innovator and want some support with launching the first and best-in-class Web3 solution for your industry, then visit the LIT.FUND website to read about how you can join the launchpad or contact Sajid Hussain.

If you are a crypto or NFT investor, then this is a great time to learn about how LIT.FUND NFTs and LIT.FUND Tokens (LFND) are transforming the way a token presale is carried out. Please visit https://lit.fund for more information.

19 OCT 2022
LIT.FUND project hits top 6 of 'Today's Best' Crypto Project Category
The LIT.FUND project on its Debut Makes it into the Top 6 of 'Today's Best' Crypto Project Category out of over 1400 crypto projects listed on the site. We kindly request the support of the LIT.FUND Community to show some support and vote for LIT.FUND. You can show your support by visiting the CoinSniper.net website. Registering and then voting for the LIT.FUND project. You can only vote once in 24 hours. Thank you to everybody who has voted already we are very close to being in the top 5 projects today! πŸš€πŸš€πŸš€
22 OCT 2022
LITFUND EARN Goes Live!!!

LIT.FUND THE UTILITY-POWERED CRYPTO & NFT PROJECT LAUNCHES 'EARN LITFUND'.. #WeAreLIT

Watch the first announcement about 'Earn LITFUND by Tony Brown a LIT.FUND Co-Founder. It’s going to be a Super Saturday!

As promised:Β  YOU CAN NOW EARN LIT.FUND

For all those interested in earning tokens watch this short video and follow this link: www.lit.fund/signup

YOU SPOKE & WE LISTENED β€οΈπŸš€πŸš€β€οΈ

(Kindly note we heave built this due to the high demand of interest in supporting/working with us and the impossible number of DMs we are receiving!  Going forward all DMs will be directed to our signup page ☝️)

25 OCT, 2022
LITFUND Tokens List on First Exchange

LITFUND/USDT will be available on #CoinTiger Exchange on the 25TH OCTOBER @ 10.00 UTC

πŸ’‘ What is LITFUND?
LIT.FUND is a DeFi-powered utility token & NFT project with a Web3 launchpad for innovators & pioneering companies. Projects using our launchpad aim to drive ESG-focused transformation in small to multi-billion-dollar markets. These projects are part of our mission to bring revenues from traditional markets on chain through LITFUND Token buybacks.




https://t.co/97DyOHbZ6G

πŸ“₯Contract Address:
https://t.co/sZvklTG1Lu

πŸ“₯Official website: https://t.co/mcJB116XVS
πŸ“₯TG group link: https://t.co/tL2AOOtOuf
πŸ“₯Twitter: https://t.co/cyoM4QHmuk

πŸ“£#CoinTigerNewListing

πŸ”₯πŸ”₯πŸ”₯#Crypto #DeFi #SOLπŸ”₯πŸ”₯πŸ”₯

Q4, 2022
Fixed Fee Services Platform Starts Onboarding Vendors & Professional Services Providers
  • LITFUND Tokens Begin Listing On Exchange(s)
  • Fixed Fee Marketplace Launches To Vendors And Professionals
  • Update Of LIT.FUND Grants (LITFUND) For Projects & Innovators
  • AMA (Ask Me Anything) Session With The Team & Project Co-founders
Q1, 2023
Updates & Announcements Expected in Q1, 2023
  • Monthly AMA (Ask Me Anything) session with the team & project co-founders to update progress and performance.
  • FixedFeeServices.com update early vendor onboarding (BETA).
  • Update about progress of healthcare & legal projects.
  • Update on other exchanges listing LITFUND tokens.
14 Jan, 2023
First Update For 2023

We are excited to announce that some of our projects as of the 16 Jan 2023 are at minimum viable product (MVP) and early revenue stages. We are updating our VC deck and roadmap. Having projects at early revenue and MVP has opened up access to over 64 targeted VCs in Jan 2023. Roadmap will be updated with milestones & achievements later this month.

There's a lot of progress happening. Stay Tuned!

7 Feb, 2023
Website Updated 7th Feb 2023, FreeClaimCheck.co.uk Project Information Released And We Continue To Engage With VCs

LIT.FUND website and roadmap updated. Also information about the FreeClaimCheck.co.uk project is unveiled. Please visit https//lit.fund for more information.

LIT.FUND is currently engaging with with VCs to raise funding for a number of exciting Web3 projects launching out of the LIT.FUND Launchpad. We will be providing an update at our next LITFUND FC AMA.

Feb, 2023
LIT.FUND helps launch PHReports.co.uk
Jan 2023 - Helped launch PHreports.co.uk, the first expert witness platform to use iThinkify protocols. This helps the PHreports.co.uk panel of independent medical expert witnesses to efficiently write court-compliant reports about episodes of medical negligence for both claimants and defendants.
March, 2023
LIT.FUND launchpad helps launch AiLegalPro.com
AiLegalPro.com is an AI-driven platform for the legal sector with a specialist focus on clinical negligence claims processing.
Aug, 2023
FreeClaimCheck.co.uk gets FCA approval
FreeClaimCheck.co.uk received approval from the Financial Conduct Authority, preparing for a 2024 launch.
Nov, 2023
LIT.FUND agrees deal with A-rated Insurer

Deal agreed in principle with A-rated insurer for the first LIT.FUND ATE Insurance deal. This use LIT.FUND smart contracts and AI to transparently and fairly make justice accessible for more victims of medical negligence. More information will follow in Q1 2024.

Nov, 2023
LIT.FUND opens investment round for its AI & Web3 medical negligence claims solution

LIT.FUND is in talks with several investments funds to close a multibillion-pound investment deal. The target is to close the round in early Q1 2024, launch our medical negligence claims solution in the UK and then announce new exchange listings for LITFUND tokens. Updates will follow in 2024.

Last Update:

21 Dec 2023
This is a live roadmap and will be updated as projects come out of stealth and begin to show their progress on our roadmap. To stay updated please follow our social media.

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