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.
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.
|Pre-sale start date||30 Jul 2018|
|Pre-sale end date||30 Aug 2018|
|Pre-sale token supply||14,650,000|
|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)|
|Additional Token Emission||No|
58% - Token Sale
16% - Dividend Reserve
12.5% - Team
2.5% - Advisors
1% - Airdrop
1% - Bounty
40% - Development
30% - Operations
25% - Marketing
2.5% - Legal
2.5% - Contingency
|Co-Founder & CMO||
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