LFD Token: Community-Based Litigation Funding

Litigation Financing DAO GmbH (“LFD”) was founded in 2019 and is a litigation financier based in Liechtenstein. It finances judicial and extrajudicial proceedings in the entire German-speaking area (Liechtenstein, Switzerland, Austria, Germany), especially if no legal expenses insurance is available or if legal expenses cover is refused.

Due to many years of experience, the Litigation Financing DAO has specialized in litigation financing of investor protection proceedings (e.g. life insurance, funds, foreign currency loans, etc.) and proceedings due to data protection violations. In addition, the LFD finances selected individual proceedings, such as liability insurance processes in the event of serious traffic accidents or as a result of major fires.

Over the years, LFD financed lawsuits against the wallet manufacturer Ledger, various legal protection insurers, ShareWood Switzerland AG, various data protection officers and many others. With the help of the LFD token, one would like to realize “rights” for everyone. Neither the social status nor the financial background of the individual should play a role.

Visit the official website of the Litigation Financing DAO or take directly at Token Offering part.

Values ​​and Visions of the Litigation Financing DAO

The pursuit of justified legal claims is associated with many risks and costs and often drags on for years. The LFD accompanies entrepreneurs and private individuals in these difficult times and not only finances the legal dispute, but also assumes the opposing party’s costs in the event of a legal loss, which would otherwise have to be paid by yourself.

Diversity, equality, sustainability and treating people with respect and impartiality are the top priorities of the Litigation Financing DAO. The decentralized organization of the LFD always acts under the following four basic principles:

• Innovation – Leveraging crowdsourced knowledge from the community.
• Technology – The intention to fund litigation and enable a “Web3 legal community” through the blockchain.
• Track record – We keep our promises. We are committed to the community and always strive for success.
• Clarification – First clarification, then prevention, and only in the last resort litigating.

Token offering is live

In addition, the Litigation Financing DAO places the highest value on sustainability and the LFD tokens enable entry and use of the LFD ecosystem.

Token holders have the opportunity to

• to have your own litigation for the purpose of litigation financing reviewed free of charge by the Litigation Financing DAO;
• a reduction in the success-sharing rate for own litigation in the event of a litigation funding commitment by the Litigation Financing DAO;
• to present new possible litigation financing cases as part of a so-called “Treasure Hunt” of the Litigation Financing DAO and to receive a finder’s bonus for this;
• Participate in surveys on potential litigation funding cases, comment on potential litigation funding cases, provide input on the strategy for potential litigation funding cases and receive a support award for doing so;
• Participation in a future Security Token Offering by Litigation Financing DAO. Token holders receive a right of first refusal to purchase the security token.

9,000 LFD tokens will be sold. Considering the rights associated with the LFD tokens, the sale price amounts to a reasonable EUR 500.00 per token.

The Litigation Financing DAO intends to have the LFD token admitted to trading on an official crypto exchange as soon as possible.

LFD tokens can be used via https://app.litigation-financing.io/ be acquired. If you buy a token by November 30th, 2022, the purchase price will be reduced by 20 percent.

Visit the Official website of Litigation Financing DAO or take directly at Token Offering part.