League of Traders (LOTT)

IDO

Last updated: Dec 20, 2021

League of Traders is a DAO governed tournament platform for amateur and professional traders.

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Overview

Project industry	Gaming & VR
Product type	Platform
Founded	Ukraine
Whitepaper	Open

What is League of Traders

League of Traders (LOTT) represents gamification and popularization of crypto trading through regular tournaments, battles and challenges with the goal of being the best trader in the world. Customize tournaments and Win Big Prize Pools. Betting for gamblers. NFTs as winners’ reward

The League’s decentralized and distributed architecture is built on the Binance Smart Chain with multiblockchain paradigm. League of Traders supports BSC, Tron, Ethereum now and more networks will be added later.

The project uses a DeFi approach, featuring smart-contract technology, DAO-mechanisms and BSC non-custodial wallets to ensure a complete decentralization and transparency of their tournaments. This unlocks the potential for traders to build a community through their portfolios.

LOTT, the project’s native token, is a BEP-20 government and utility token. The main purpose of the token is to manage and govern the platform, as well as reward users and encourage their activity.

Details

IDO (NFTb Launchpad): Nov 24, 2021 - Nov 24, 2021
IDO (CyberFi Launchpad): Nov 24, 2021 - Nov 25, 2021
Pre-sale token supply: 19,500,000 LOTT
Token supply: 100,000,000 LOTT
Total tokens for sale: 22,500,000 LOTT
Hard cap: 15,000,000 USD
Raised: 540,000 USD

Legal

Blockchain Platform: Binance Smart Chain
Registration country: United Kingdom
Registration year: 2021

Token info

Ticker: LOTT
Type: Utility-token
Token standard: BEP-20
Token price in USD: 1 LOTT = 0,15 USD
Accepted currencies: USDT
Token distribution:
4,5% - Private Round
1% - Ambassador Round
4% - VC Round A
10% - VC Round B
3% - Public Sale
3% - Liquidity pool
10% - Marketing/Listing
20% - Team
30% - Adoption incentives
10% - Company reserve
4,5% - Advisors
Funds allocation:
10% - Reserve
5% - Legal
41% - Marketing and Community
33% - IT Development
11% - Operations

League of Traders Roadmap

Q2 2021

Rating and tournament mechanism, UI and exchangers` API integration have been developed and tested in MVP trial stage
Our business model has been successfully tested. UI and UX feedback has been received from the traders, and accounted in the further development

June-July, 2021

Private Round has been successfully closed
Decentralized two blockchain (DeFi) architecture and DAO Tokenomics have been finalized and reviewed by experts

Q3 2021

Release of platform beta-version
Promotion and optimization
Increase of active audience and expansion of partnership base
Technical development and total migration to DeFi architecture is going as planned to be finished in 2021

Sep-Oct, 2021