LIT.FUND is a utility powered smart contract and artificial intelligence project with a launchpad. The launchpad is currently being used by forward thinking entrepreneurs, medical professionals, lawyers and companies to launch cutting-edge solutions to improve healthcare, legal and insurance sectors.
Roadmap updated 1 April 2023 – View here >>
The projects in the launchpad are developing court-compliant protocols that execute smart contracts. These smart contracts aim to tokenise the value of ethical, sustainable and ESG-focused web3 protocols to improve transparency, reduce disputes, and drive efficiency in processes, audits and payments.
Protocols & projects being developed through the launchpad are on a mission to bring ethical and sustainable revenues from traditional markets onto the blockchain using LITFUND token buyback protocols. This is when a proportion of the revenue from each completed smart contract transaction goes to buy LITFUND Tokens from an exchange. This is how users pay to use LITFUND protocol driven smart contracts.
Our vision for buyback protocols triggered through the adoption of LITFUND smart contracts can drive efficiency and ESG-focused transactions which can provide liquidity to LITFUND tokens on an exchange. This can play a part in helping drive the value of LITFUND Tokens held by stakeholders and deliver DeFi-as-a-service (DAAS) to LITFUND Token Stakeholders.
The first project is developing a LIT.FUND powered ecosystem to incentivise the use of smart legal contracts & AI between stakeholders & participants of the UK healthcare claims market. The project is developing smarter claim detection, prevention, and fast and fair claim resolution protocols to drive down or fix the legal costs. In a market where the UK Government (NHS Resolution) has set aside provisions of over £128billion GBP to pay out on future claims >>
FreeClaimCheck.co.uk is a smart and fast way to check your eligibility to make a medical negligence claim. The platform is connecting to HIC, iThinkify and PHReports.co.uk protocols. FreeClaimCheck.co.uk to be the first website to provide an instant expert opinion 24 hours a day 7 days a week. This can include:
Initially, FreeClaimCheck.co.uk will help qualify medical claims, such as maternity, hospital, cancer, surgery and doctor errors. The plan is to open up other claim types in the future.
PHReports.co.uk is transforming the way independent opinions and reports are prepared and presented into healthcare & maternity failures by expert witnesses. PHReports.co.uk is the first project by a participant to launch out of the LIT.FUND launchpad. Also the first to test and implement the iThinkify, HIC Protocol and LFND buyback protocol to drive transparency, efficiency & learning in a market costing the UK Government £1m a day and harming mothers and babies.
Health Injury Claims Protocol is minting NFTs specifically to record the progress of Healthcare Injury Claims (HIC) through 5 key milestones of the legal case can help to reduce the ~£128bn costs burden on the UK’s National Health Service.
Each NFT will only be produced when the key milestone has been met and audited. It provides an immutable, transparent record of the progression of the case towards resolution which is accessible by key stakeholders.
These NFTs will provide an evidence-based quality mark for participating Claimant firms; unlocking access to DeFi-powered cashflow, greater confidence from funders and other stakeholders and enhanced success rates.
Birth injuries, delayed cancer diagnoses and pressure injury claims provide our initial focus but all types of HIC will be progressively included.
Fed up with filling in forms or waiting for a call to know the price of a professional service? The fixed fee services project is working on launching a fixed-priced marketplace to buy and sell professional services, starting in the UK.
Where consumers and businesses can find upfront & fixed-priced services offered by lawyers, accountants, architects, designers, landlords, internet providers, freelancers, electricians, healthcare providers, and more.
This will be one of the first LIT.FUND marketplaces to accept payment in fiat currency, cryptocurrency, and LITFUND tokens. FixedFeeServices.com will use the LITFUND token buyback protocol to convert a percentage of all sales transacted with online visitors into LIT.FUND tokens (LFND).
This can help drive up the price of LITFUND tokens for token holders while providing LFND token rewards to customers, partners, and affiliates.
LIT.FUND NFT Coin launchpad (LNCL) is seeking to work with innovating brands, companies, artists, athletes & innovators who want to launch a personalised NFT collection for their community, protocol or event. Participants can access the NFT Coin Launchpad and work with our team to create and personalise an exclusive Defi-powered NFT collection. The LNCL assists participants in developing an NFT collection to raise funding for a project, reward a community with Defi tokens or verify and audit an innovative blockchain protocol for the entertainment, hospitality, healthcare, legal, or insurance sectors.
The LIT.FUND Launchpad is already being used by pioneering innovators, healthcare professionals, lawyers, engineers & other professionals who are seeking to develop web3 powered smart contract protocols for efficiency, transparency, trust or DeFi payments and funding in their industries.
“Before participating in the LIT.FUND Launchpad, I had over 30 years of experience in obstetrics and 10 years in the legal profession.
During this time I have prepared over 150 court-compliant reports into different types of maternity failures. 60% were instructions from claimant law firms and 40% from defendant law firms and the NHS Resolution.
Initially, my innovation was to develop a solution to streamline the process and funding of reports into maternity failures which is costing the UK Government £1m a day and harming mothers and babies. Thanks to the LIT.FUND Launchpad the platform has been developed to help expert witnesses in all disciplines. Bringing a groundbreaking, ethical and unprecedented opportunity for medical professionals and other expert witnesses who are either already involved in expert report work or want to grow their practice.
I am excited to announce that I am now testing the platform with a growing panel of leading clinicians across the UK and the feedback has been far better then expected. I look forward to unveiling the platform soon when I take part in my first live ask me anything (AMA) session.”
Testimonial by Patricia Hill who is a LITFUND launchpad participant and founder of PHReports.co.uk.
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LIT.FUND ecosystem directly supports projects that deliver transformation, transparency, and learning, initially in the legal, healthcare and professional services segments using Web3 technology.
Through the growth of the LIT.FUND community, new projects will be mobilised not just in the healthcare claims sector, but any industry where ESG standards are a priority, and where blockchain level security and transparency is needed. Already, we’ve mobilised complimentary projects around price transparency, accessibility, crypto education and rewards for healthcare professionals, insurers and lawyers.
Any industry that is looking to be more transparent, more secure for itself and its clients, and deliver world-class experiences, should be interested in becoming a member of the LIT.FUND community and joining the LIT.FUND Launchpad programme >>.
Our first project in 2017 focused on the Health Claims market in the UK, and specifically the utilisation of technology to improve automation, reduce paperwork and errors, and improve outcomes for both clients and defendants. Over time, the LIT.FUND ecosystem has grown to provide end to end ESG supporting solutions for all parties involved in the clinical negligence claims process. A process where £128bn GBP has been set aside for future claims by the UK Governments NHS (NHS Resolution Annual Accounts 2021/22).
Today, the LIT.FUND Launchpad & LITFUND Grants scheme is attracting professionals and companies seeking to use Web 3.0 to drive ESG-focused transformation in their industry. Ongoing projects seek to disrupt markets which include legal, healthcare, investments and more.
LITFUND TOKENOMICS (updated June 2024)
LITFUND GRANTS
Total of 30% of LITFUND tokens are allocated to LITFUND Grants Scheme, content creator rewards and tokenized merchandize. They can be offered to innovators and projects in the launchpad who are on a mission to drive ESG-focused transformation in their industry or will reward content creators for driving traffic to solutions created through the LITFUND projects and solutions. Tokenized Merch, content creator rewards and LITFUND grants for projects successful can trigger a LITFUND Token buybacks and drive liquidity.
All projects will report their milestones on our roadmap and their transactions on chain; so every aspect of what’s being spent, and received will be visible, so we all know whether those projects are hitting targets or driving up the value of LIT.FUND tokens. As our community and projects in the launchpad grow, our roadmap will grow, and as we deliver more project milestones, our reputation will grow.
We have tokenised a way for ethical and sustainable innovators to create awareness through our protocol to learn and earn LITFUND tokens. Helping innovators to grow an informed community of participants around their ESG-focused smart contract projects. Click here to sign up for more information.
LIT.FUND NFTs can help provide liquidity to innovative projects in the LIT.FUND Launchpad by funding milestones in the live roadmap. The idea is that successful projects that go to market and achieve dedicated milestones can trigger the LITFUND token buyback protocol. This is when a of net profit/revenue generated from each completed protocol transaction developed through the LIT.FUND Launchpad goes toward buying back the LITFUND tokens from the exchanges. Buybacks can bring revenues from traditional industries on the blockchain which can help drive the future value of LITFUND tokens.
LIT.FUND NFT coins are an exclusive collection of non-fungible tokens (NFTs) which have the intrinsic value of digital coin art that can be sold or collected. Each NFT coin minted (purchased) can payout monthly LITFUND token rewards to the first registered collector for up to 20 months. During this period the total LITFUND Token rewardS will be limited to the total number represented on each NFT coin.
LIT.FUND NFTs sales provide liquidity to innovative projects by funding milestones in the LIT.FUND live roadmap. Projects that go to market and achieve dedicated milestones can trigger the buyback protocol.*
LIT.FUND has a roadmap to list LITFUND tokens on multiple crypto exchanges. Listing on multiple exchanges and future projects triggering buyback protocols can help provide liquidity to buy, sell, trade, earn, stake, and spend LITFUND Tokens. Projects in the launchpad are starting to work on marketplaces and payment services that can help stakeholders spend LITFUND to buy goods, services and even a coffee. Follow the LIT.FUND roadmap for further announcements.
Enquiries are welcomed from those wishing to invest in DeFi-powered innovation in legal, healthcare, insurance and professional services markets. The LIT.FUND ecosystem is offering ESG-focused investment & staking opportunities for Asset Managers, Investment Banks, Hedge Funds, High Net Worth, Family Offices, Seed Investors, Venture Capital and Private Equity firms.
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.
Co-Founder -Chief AML & Compliance Advisor
Co-founder & Head Of Smart Costs Recovery
William is a Costs Lawyer and has been working in costs litigation for 14 years. William has an interest in complex costs litigation and was previously the Head of the London Costs department at a leading international law firm. He has advised clients on costs claims arising out of bitcoin litigation.
He has spoken at the Association of Costs Lawyers events and regularly gives client training and legal updates. He undertakes both paying and receiving party work and conducts matters from cradle to grave, to include advocacy.
He recently led the costs management on British Airways data breach claims, successfully striking out £1m of advertising costs. At a further hearing, costs budgets for the individual claimants totaled over £50m, with savings achieved of £10m+.
CO-Founder - Head Of Healthcare & Legal Innovation
Geoff brings 20 years’ experience of clinical negligence to Litfund. 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.
Geoff has been recognised in The Legal 500 as being “always helpful & understanding” and is currently writing the 3rd Edition of his popular practitioner text ‘A Practical Guide to Clinical Negligence’.
Geoff will use the LIT.FUND 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 & in improving the delivery of efficient healthcare.
CO-Founder & Head of INDEPENDENT Expert Investigations
Co-founder - In-house NFT Artist & Head Of Creative Direction
Co-Founder & Head Of Partnerships
Co-founder & Chief Investment Officer
AI / Machine Learning Engineer & Medical Imaging Lead
Co-founder & Legal Workflow & Protocol Developer
Specialist Advisor For Legal Practice Management & Budgeting
Specialist Advisor For Healthcare Development Planning & Management
50% of LITFUND tokens are allocated to the LITFUND Grants Scheme. These are being offered to professionals, innovators and companies using the LIT.FUND Launchpad to drive transformation by launching web3 protocols that execute LIT.FUND smart contracts and buy back protocols in their industry.
LIT.FUND Staking NFT Coins are an exclusive collection of non-fungible tokens (NFTs) which have the intrinsic value of digital coin art that can be sold or collected. Each NFT coin minted can reward the first NFT collector of each NFT that passes a KYC (ID Check) with monthly LITFUND Token Rewards for a limited period.
REGISTER TO ACCESS NFT STORE >>
The first exchange listing CoinTiger Exchange with the trading pair LITFUND/USDT. Click here to read the CoinTiger announcement. Follow our social media and roadmap for updates for announcements about LITFUND listing on other exchanges.*
*IMPORTANT: Your capital is at risk. LITFUND utility tokens are unregulated in the UK and their value can go down as well as up. With crypto there is a real risk that you can lose everything. So its important to not pledge or hold more than you can afford to lose. Profits may be subject to capital gains tax. Buying and selling fees can apply. Valid & registered LIT.FUND account may be required. Before buying, holding and selling crypto, do your own research into the project and the laws and regulations around buying crypto and NFTs for the country you reside in or your company operates from, or is registered in. This is not financial, legal or tax advice and it is always recommended to seek your own advice from independent financial, legal and tax advisers. Terms apply & passing an ID verification may be required.
When you buy, mint, or sell LITFUND 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 LIT.FUND launchpad project on each purchase and sale and conversion between your LITFUND tokens or NFT and the relevant cryptocurrency, service, or goods which are purchased.
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. 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. 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.
LIT.FUND is a trading style of Frontier Legal Limited. Registered Office: The Brew Eagle House, 163 City Road, London, EC1V 1NR, UNITED KINGDOM.
Copyright © 2024 LIT.FUND. All rights reserved.
LIT.FUND NFTs can help provide liquidity to innovative projects in the LIT.FUND Launchpad by funding milestones in the live roadmap. The idea is that successful projects that go to market and achieve dedicated milestones can trigger the LITFUND token buyback protocol. This is when a of net profit/revenue generated from each completed protocol transaction developed through the LIT.FUND Launchpad goes toward buying back the LITFUND tokens from the exchanges. Buybacks can bring revenues from traditional industries on the blockchain which can help drive the future value of LITFUND tokens.
LIT.FUND has a roadmap to list LITFUND tokens on multiple crypto exchanges. Listing on multiple exchanges and future projects triggering buyback protocols can help provide liquidity to buy, sell, trade, earn, stake, and spend LITFUND Tokens. Projects in the launchpad are starting to work on marketplaces and payment services that can help stakeholders spend LITFUND to buy goods, services and even a coffee. Follow the LIT.FUND roadmap for further announcements.
We have tokenised a way for ethical and sustainable innovators to create awareness through our protocol to learn and earn LITFUND tokens. Helping innovators to grow an informed community of participants around their ESG-focused smart contract projects. Click here to sign up for more information.
LIT.FUND NFT coins are an exclusive collection of non-fungible tokens (NFTs) which have the intrinsic value of digital coin art that can be sold or collected. Each NFT coin minted (purchased) can payout monthly LITFUND token rewards to the first registered collector for up to 20 months. During this period the total LITFUND Token rewardS will be limited to the total number represented on each NFT coin.
LIT.FUND NFTs and selling LITFUND provided to projects through grants can help provide liquidity to innovative projects by funding milestones in the LIT.FUND live roadmap. Projects that go to market and achieve dedicated milestones can trigger the buyback protocol.
