What is the issuance price and issuance volume of Litentry LIT coins?

Litentry (LIT) was initially issued at $0.01 with a capped supply of 100,000,000 tokens distributed across categories such as seed round, private sale, public sale, team allocation, and ecosystem development.

Dec 29, 2024 at 03:33 am

Key Points:

• Issuance price of Litentry LIT coin
• Issuance volume of Litentry LIT coin
• Distribution of Litentry LIT coin issuance

Issuance Price of Litentry LIT Coin

The initial issuance price of the Litentry (LIT) coin was set at $0.01. This price was determined through a combination of factors, including the project's long-term vision, market demand, and competitive landscape. The issuance price was designed to be affordable to a wide range of investors while also providing an attractive return on investment for early adopters. Following its issuance, LIT was listed on various cryptocurrency exchanges, allowing users to purchase and trade the token.

Issuance Volume of Litentry LIT Coin

The total issuance volume of Litentry LIT coins is capped at 100,000,000 tokens. This supply is divided into several categories, including the seed round, private sale, public sale, and team allocation. The allocation of tokens to each category ensures a fair and equitable distribution, while also incentivizing early investors and project contributors. This fixed supply also contributes to the scarcity and potential value appreciation of the LIT token.

Distribution of Litentry LIT Coin Issuance

• Seed Round: 15% of the total issuance, allocated to early investors who provided seed funding to the project.
• Private Sale: 25% of the total issuance, allocated to private investors who contributed to the project's development and growth.
• Public Sale: 35% of the total issuance, made available to the general public through a dedicated token sale platform.
• Team Allocation: 15% of the total issuance, reserved for the project's team and contributors to ensure long-term alignment and motivation.
• Liquidity and Ecosystem Development: 10% of the total issuance, allocated to provide liquidity on exchanges and support ecosystem development initiatives.

Frequently Asked Questions (FAQs)

Q: How does the issuance price of LIT compare to other cryptocurrency projects?
A: The issuance price of LIT was competitively priced in the market relative to similar projects. It was set to attract investors while balancing the project's funding needs and potential for growth.

Q: Why is the total supply of LIT capped?
A: The capped supply ensures a finite number of LIT tokens in circulation, contributing to their scarcity and potential for value appreciation over time. This also aligns with the project's long-term sustainability and investment strategy.

Q: How will the team allocation of LIT ensure long-term commitment?
A: Allocating a portion of LIT to the team aligns their financial interests with the project's success. This incentivizes team members to work towards the long-term goals and growth of Litentry, ensuring their continued contributions and dedication to the project.