Focus on Baltic: 10 Lithuanian Blockchain Companies You Might Be Interested to Follow

Focus on Baltic: 10 Lithuanian Blockchain Companies You Might Be Interested to Follow

Lithuanian blockchain paradise

Since 2017 Lithuanian blockchain landscape is growing fast – new coming blockchain companies, huge collection in ICO sales, a lot of fintech event activities. Lithuania came in focus of blockchain sector with their unbelievable success – around 34 successful projects totally raised 0.5B USD! If you look into these numbers – it is the third largest amount collected after USA and China.

But this post aim is not to talk about how they have gotten so far but raise attention to 10 Lithuanian ICOs to follow by experts of Baltic Fund that is located in Lithuania.




Sector: Online commerce

Token name: MTH

ICO: Their ICO was during 31st of August 2017 and amount raised: 95 000 ETH.

What they promise – to make buying and selling online trustful by making a reputation for both parties through online identities and adding verified reviews.

Current stage: MVP launched, Monetha Club Community launched, apps launched on App Store and Google Play.




Test platform:

Sector: Data (sports and health)

Token name: LYM


=> early pre-sales successfully done in 2017,

=> token pre-sale ICO 17th to 28th of February, 2018. Amount raised 14 625 ETH.

=> Soft cap: 15%, total hard cap: 14.625 ETH = 650 mln. LYM

Their promise: powered by user-generated and user-controlled fitness and wellness data, Lympo will allow the exchange of value through the introduction of LYM utility tokens.

Current stage: Lympo platform MVP launched (not blockchain yet), partnerships, beta testing stage (March 2018), LYM on many exchange platforms, Lympo Fitness Wallet proof of concept launched.




Sector: Banking

Token name: BNK


=> ICO was from 27th of November, 2017 – 28th of February, 2018.

=> Amount raised 175 602 ETH ($151 800 000)

Bankera is a digital bank for the blockchain era. As a traditional bank, Bankera’s services fit into three groups: Payments, Loans and Deposits, Investments.

Current stage: development of the infrastructure (SpectroCoin created), wallet capability has done.

Plans: exchange planned to open the second quarter of 2018, the wallet will be a gateway to various blockchains. Virtual and physical cards planned to be issued. Banking capability planned for early 2019.




Beta platform:

Sector: Social networks

Token name: SOL


=> ICO token sales ends on 25th of December, 2017.

=> Amount raised 2 584 ETH ($2 233 700)

The next-gen decentralized social network using AI algorithms combined with users reactions.

Current stage: more than 1 mil.users of the platform, an app on Apple Store and Google Play, as well web app, public API.




Sector: Internet provider

Token name: ING


=> ICO token sales 7th of December 2017 – 31st of January, 2018.

=> Amount raised 26 606 ETH ($23 000 000)

Positioning as Global WiFi blockchain network

Current stage: on cryptocurrency exchanges, alpha released.

Plans: Android app planned for August 2018, the beta version for December 2018.





Sector: Energy

Token name: WPR


=> ICO token sales was closed 1-2 February 2018

=> Amount raised 46 272 ETH ($40 000 000)

A blockchain based green energy trading platform where everyone can buy, trade or invest in tokenized green energy.

Current stage: WePower preview platform launched.

Plans: countrywide energy tokenization test in Estonia in August 2018, November – operational in Spain, Estonia, Australia. December – distribution of donated energy to token holders.




Sector: Financing

Token name: DEB


=> ICO token round B January 25 – February 25, 2018.

=> Amount raised 20 000 ETH

Debitum Network is designed to create access to funds for numerous underbanked small businesses in the world that allows investors worldwide to invest in loans directly bypassing traditional intermediaries such as banks or investment funds. Debitum Network aims to launch the solution in up to 50 markets in order to make a truly global impact.

Current stage: beta platform testing

Plans: 1st of September 2018 – Debitum Network version 1.0 Abra platform will be launched.




Category: Education

Token name: BDG


=> ICO token sale 1-28 December 2018

=> Amount raised 26 028 ETH ($22 500 000)

BitDegree platform will offer students the best online courses with clear and transparent blockchain-based reward system and achievement tracking. It is also a unique tool for businesses to recruit tech talent and shape global education to their needs.

Current stage: MVP is developed, launched the first Blockchain course materials.




Category: Cryptocurrency, Mining

Token name: MIO


=> ICO token sale started February 15, 2018

=> Amount raised more then 13 mil. MIO tokens

Miner One is a cutting-edge, crowdfunded cryptocurrency mining operation built and managed by a team of data centre industry experts and professionals on behalf of the Miner One Community. Miner One Community Members contribute to building Miner One mining centers and share their output transparently and equitably using Ethereum-based smart contracts.

Current stage: Wallet created, platform testing





Category: Blockchain, Investment

Token name: BALT


=> ICO token sale planned for September 2018, the price is 0.00025 ETH for sales, the minimum amount for purchase – 100 tokens. 165 000 000 000 tokens are issued, 150 000 000 000 tokens for sale. 10% bonus for sales.

=> Amount raised: in private pre-sales raised 6 900 ETH (information on the beginning of March when public pre-sales and later sales were going on).

Baltic.Fund is the platform, where every token-holder gets access to the ecosystem and all the resources that help a startup to grow: mentorship, experts, media, legal services, marketing, PR, development, and investments. Connecting verified investors with the verified projects.

Current stage: preparing for sales of tokens in September, test platform running.