Local Token Exchange ICO review, all information about token sale Local Token Exchange (LTE) | ICORating
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Local Token Exchange (LTE)

Local Token Exchange

Exchanges & Wallets

Overview

Local Token Exchange is a Peer-to-Peer (“P2P”) decentralised Exchange that allows buyers and sellers to trade directly in a wide variety of cryptocurrencies.

Features

Once users have signed in to Local Token Exchange, they will be able to search through a wide variety of cryptocurrency ads and offers and chose the most appealing offer. Local Token Exchange holds the cryptocurrency in escrow while direct payment is made between traders or fulfilled immediately through the order book. 
The Local Token Exchange generates revenues and profits from escrow fees and all the currency trades on the platform, as well as ICO
promotions. Every six months, 70% of the profit will be distributed to LTE token holders. When new ICO’s are listed on the Local Token Exchange platform, all Local Token Exchange LTE Token holders will receive a representative amount of that token in return for each LTE Token they hold.

Crowdsale

Pre-sale
Pre-sale start date 30 Jul 2018
Pre-sale end date 30 Aug 2018
Pre-sale token supply 14,650,000
Token Sale
ICO start date 31 Aug 2018
ICO end date 30 Dec 2018
ICO token supply 29,900,000
Soft cap 1,200,000 USD (fiat)
Hard cap size 23,000,000 USD (fiat)
Raised 557,052 USD
IEO Platform
Registration Country Spain
Token details
Ticker LTE
Type Security
Additional Token Emission No
Accepted Currencies

ETH

Bonus Program

Pre-ICO:

  • Stage 1 (30% discount) July 30 – August 10, 2018
  • Stage 2 (25% discount) August 11 – August 20, 2018
  • Stage 3 (20% discount) August 21 – August 30, 2018

ICO: 

  • Stage 1 (10% discount) August 31 – Sep. 5, 2018
  • Stage 2 (no discount) Sep. 6 – Sep. 10, 2018
Token distribution

58% - Token Sale

16% - Dividend Reserve

12.5% - Team

2.5% - Advisors

1% - Airdrop

1% - Bounty

Funds allocation

40% - Development

30% - Operations

25% - Marketing

2.5% - Legal

2.5% - Contingency

Team members

Name
Position
Score
Social
CEO
NA
Co-Founder & CMO
NA
Co-Founder
NA
CTO
NA
CFO
NA
Sales Director
NA

Advisors

Name
Position
Score
Social
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA
Advisor
NA

Funding Rounds

Rating and Analytics

Hype score Info Medium
Risk score Info Very High
Get Rating
Local Token Exchange ICO Contacts
More on ICO

Ended

$557,052 Of $23,000,000 (2%)

Start ICO 31 Aug 2018
End ICO 30 Dec 2018
Token LTE
Price 1 LTE = 0.29 USD
Product Type Service
KYC Yes
Registration Country Spain
Whitepaper View
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