LTO Network coin issuance time

The LTO Network's mainnet launch on March 11, 2018, marked the beginning of LTO token issuance, providing opportunities for early investors through Private and Public Sales.

Dec 28, 2024 at 08:50 am

Key Points:

• LTO Network's Genesis Block was launched on March 11, 2018.
• The LTO Network Private Sale was held on June 22, 2018, with a token issuance ratio of 1:2.
• LTO Network's Public Sale took place on September 14, 2018, during which 33 million tokens were sold at a price of €0.12/token.

LTO Network Coin Issuance Time

The LTO Network is a blockchain-based platform that streamlines business processes and enhances data integrity. Its native token, LTO, facilitates transactions and incentivizes network participants. Here's a detailed breakdown of the LTO Network coin issuance timeline:

1. Genesis Block Launch (March 11, 2018)

The LTO Network mainnet went live with the creation of the Genesis Block on March 11, 2018. This marked the official start of the LTO Network and the distribution of LTO tokens.

2. Private Sale (June 22, 2018)

The LTO Network Private Sale was held on June 22, 2018, offering early investors an opportunity to acquire LTO tokens at a discounted price. A total of 10 million tokens were sold during the Private Sale, with a token issuance ratio of 1:2.

3. Public Sale (September 14, 2018)

The LTO Network Public Sale took place on September 14, 2018, with the issuance of 33 million tokens at a price of €0.12/token. The Public Sale attracted a significant amount of interest, further expanding the LTO Network's community and token distribution.

FAQs:

Q: When did the LTO Network launch its mainnet?

A: March 11, 2018

Q: What was the token issuance ratio during the Private Sale?

A: 1:2

Q: How many tokens were sold during the Public Sale?

A: 33 million tokens