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Local Token Exchange (LTE)

ICO

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.

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Overview

Project industryExchanges & Wallets
Product typeService
WhitepaperLocal Token Exchange White Paper Open

What is Local Token Exchange

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.

Details

Pre-sales: Jul 30, 2018 - Aug 30, 2018
Public sales: Aug 31, 2018 - Dec 30, 2018
Pre-sale token supply: 14,650,000
Token supply: 29,900,000
Soft cap: 1,200,000USD (fiat)
Hard cap: 23,000,000 USD(fiat)
Raised: 557,052 USD

Legal

Registration country: Spain

Token info

Ticker: LTE
Type: Security
Token price in USD: 1 LTE = 0.3 USD
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

Social media

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