Published: May 11, 2020

Lead Wallet (LEAD)

Website

Bounty

Status

IEO

WORLD’S SIMPLEST AND MOST BEAUTIFUL CRYPTO WALLET

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

Medium

Updated: May 11, 2020

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Claim your project

Ticker

LEAD

Type

Utility-token

Token standard

ERC20

FoundedNigeria

What is Lead Wallet

Lead Cyber Services Limited (LCS) is a blockchain startup that specializes in decentralized applications and other financial tools needed to help the unbanked and banked achieve true financial freedom from the traditional banking system. LCS is building a multicryptocurrency wallet that will support crypto assets' holding, spending, and receiving of cryptocurrencies. The Lead wallet application will also support innovative features such as crypto marketplace, multi-sender feature, cryptocurrency staking, multi-sig feature, cryptoto-crypto, and crypto-to-fiat swaps/exchange features in order to improve the crypto usecases and further engender mass cryptocurrency and blockchain adoption globally.

Lead Wallet is a decentralized mobile multi-cryptocurrency wallet application designed to meet the needs of crypto enthusiasts, and also engender mass cryptocurrency adoption. Through the Lead Wallet application, we will enable the following products and services:

Simplest crypto wallet with support for hundreds of cryptocurrencies including Bitcoin, Ethereum, Stellar, etc with the send, receive asset storage functions.

Multi-Sender feature: this service will allow businesses to multi-send crypto assets to thousands of users within minutes and at a competitive rate.

Lead Payment/C-market: this service will allow crypto enthusiasts to spend their crypto assets directly without interfacing with fiat currencies while fulfilling the ultimate goal of bitcoin. Beyond creating utility and liquidity for crypto assets, we believe this feature will also help realize the goal of mass adoption for cryptocurrencies.

Multi-Sig Support: this service utilizes the most secure and latest technology to provide multi-signature service, which will give a significant landscape for businesses to leverage on.

Crypto-to-Crypto Swaps: this service allows users to instantly swap or exchange their cryptocurrencies for other cryptocurrencies at an instant and very reduced transaction fee at nearly 0% slippage. This feature is very handy in the event of a very volatile market. It will help our users to always stay on the positive side of the market at all times.

Crypto-to-fiat and Crypto-to-Crypto Exchange: this is the liquidity hub of the Lead Wallet, and it is designed to integrate with multiple Exchange APIs so that users can trade cryptocurrencies without having to move them from their wallets. It will be developed for beginners and experts.

Lead Wallet will provide all these features to users while giving them access to daily market data, news, and information about all the cryptocurrencies supported on the wallet. Also, users will be granted full control over their private keys and passphrases where applicable, which will enable a more secure wallet where the Lead team does not hold custody of users' funds or data.

Lead Wallet Roadmap

PHASE 1

Researched the Lead Wallet idea and its viability.

PHASE 2

Assemble Core team members and launch project development.

PHASE 3

Completion of the Lead Wallet website and whitepaper.

PHASE 4

Completion of Lead Wallet MVP.

PHASE 5

Launch Lead Wallet on Google Play Store and Apple Store.

PHASE 6

Launch a global marketing and promotion campaign.

PHASE 7

Lead Wallet Update: MultiSender and Staking Feature integration.

PHASE 8

Improve Staking Service to accommodate more PoS and DPoS cryptocurrencies.

PHASE 9

Acquire Crypto Exchange Payment and Regulatory Licenses.

PHASE 10

Launch Lead Swap and Exchange Services.

PHASE 11

Launch Global Awareness Campaign (Regional Lead Meetups globally) to expose the Lead Wallet brand.

PHASE 12

Launch the Lead C-MarketPlace

PHASE 13

Review Roadmap and Lead's progress.

Token Sale Dates

IEO

Start date: Apr 20, 2020

End date: May 19, 2020

Funding Details

Soft Cap 3,000,000 USD

Hard Cap 15,000,000 USD

Token distribution

Private and public sale: (400,000,000 LEAD) - 40%
Staking Reward: (285,000,000 LEAD) - 28,5%
Team: (150,000,000 LEAD) - 15%
Product Development: (80,000,000 LEAD) - 8%
Marketing: (55,000,000 LEAD) - 5,5%
Advisors/Partners: (30,000,000 LEAD) - 3%

Funds allocation

Product research and development - 35%
Marketing and business development - 30%
Operations and logistics - 25%
Community building, branding, and partnership - 10%