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View LITH white paper here: https://f.hubspotusercontent20.net/hubfs/20536278/LITH-Token-Whitepaper.pdf
“Vitor Belfort is the ultimate choice to represent LITH Token,” said Andrew Rymer, founder of LITH Token. “He is South American and is very well known and respected there as a great athlete and as a great person, and with The Indigenous People’s Initiative meant to help those in Chile and Argentina impacted by lithium mining, Vitor Belfort can lead this Initiative better than anyone.”
PROTECTING THE FUTURE
“I have so much respect for LITH Token’s effort to help South Americans in need,” said Belfort. “When I was presented this opportunity with LITH Token, I talked to my family and my team, and we agreed this is a good position to help people and promote the change to energies that will protect our children’s future.”
A native of Brazil, Belfort (IG: @vitorbelfort) is considered by many to be one of the greatest champions in the sport of mixed martial arts. Throughout his life, Belfort has applied the practice of Christianity as well as the principles of respect and discipline as taught to him in his boxing and martial arts training.
Born in Rio de Janeiro, Belfort began boxing at the age of 12. He later earned a black belt in jiu-jitsu with the famed Carlson Gracie. He entered the UFC at age 19, and became the youngest fighter ever to score a victory in the Octagon. Belfort has been competing in professional combat sports since 1996.
On Saturday, Sept. 11, Belfort faces his greatest challenge yet when he takes on “The Golden Boy” Oscar de la Hoya in a contested boxing match live from Staples Center in Los Angeles.
Belfort is joining the effort to help those in South America impacted by lithium mining through the LITH Token Indigenous People’s Initiative.
INDIGENOUS PEOPLE’S INITIATIVE (IPI)
“The conventional extraction methods of lithium in South America have greatly affected the environment of indigenous people,” said Rymer. “We aim to right these wrongs through the LITH Token Indigenous People’s Initiative (IPI), which will help provide indigenous people with the tools and education for better living in a new and cleaner environment.”
To fund this Indigenous People’s Initiative, LITH Token (IG: @lithtoken) has opened an IPI wallet, which is currently funded with 10 million tokens. Moving forward, all profit from LITH Token merchandise sales will be used for the purpose of funding the IPI wallet and allowing for continual donations, in addition to more fundraising measures under development. LITH Token will maintain 50 percent of the profits of merchandise sold in USD and 50 percent through LITH token buy backs. This approach allows LITH Token to have stable tokens on hand for short-term charitable goals, and LITH tokens that can grow in value for long term goals.
INNOVATIONS IN LITHIUM EXTRACTION TECHNOLOGY
In the race to decarbonize planet Earth, LITH Token is very much in favor of the use of lithium to enable the production of sustainable vehicles, including electric cars, which primarily run on lithium batteries. However, the traditional mining and extraction method of lithium, specifically in Chile and Argentina, where 50 percent of the world’s reserves of lithium are located, has damaged the environment.
To this end, LITH Token has specifically chosen to partner with Ensorcia and Sorcia Minerals, a mining company that uses a cutting-edge, proprietary technology mining process that casts a softer footprint on the local environment.
“Vitor Belfort agrees that switching to more sustainable vehicles is imperative to sustaining life on this planet,” said Daniel Layton, president, Ensorcia and Sorcia Minerals. “He will be a game-changer in helping this movement and has our full support in providing the resources he will need to lead this charge the best way he sees fit.”
FIGHTING FOR A BETTER WORLD
Belfort will proudly feature a LITH logo on his boxing shorts in his fight against de la Hoya. Tune in to watch the fight via the digital app FITE here: https://www.fite.tv/watch/oscar-de-la-hoya-vs-vitor-belfort/2p9su/
HOW YOU CAN SUPPORT
LITH Token merchandise is available for purchase through the official LITH website at www.LITHtoken.io; ALL proceeds from merchandise sales will benefit the Indigenous People’s Initiative.
About LITH Token (www.LITHToken.io):
The LITH mission is decentralizing and incentivizing a cleaner future through cryptocurrency.
The LITH Token (ERC-20 & ERC-1155) will be the cryptocurrency of choice for sustainable and socially conscious businesses to thrive. LITH utilizes blockchain technology to create an environment where all stakeholders within an ecosystem are incentivized to work together towards a common goal, creating a better world through decentralization and accountability in business.