General Overview

Token Structure

  • Token Sale 58%
  • Dividend Reserve 25%
  • Team 12.5%
  • Advisors 2.5%
  • Bounty 1%
  • Airdrop 1%

58% of tokens are to be sold, and the majority of the remainder is reserved for Dividends, to be paid out to token holders in the future. Other allocations are to compensate the Team and Advisors, and the remaining 2% are used for Bounty and Airdrop promotions of the LTE token.

Token:
LTE
Total Supply/Supply Available:
77,963,600
Accepted Currencies:
ETH
Nominal Value of LTE:
€0,25c
Nominal Value:
1 ETH = 2286LTE (ETH: €571.60 on 18/5/2018)
Minimum Requirement (Soft-Cap):
€1,000,000
Maximum (Hard-Cap):
€19,490,900
Bounty:
1%: 779,600
Airdrop:
1%: 779,600
Team:
12,5%: 9,745,000
Dividend Reserve:
25%: 12,160,400
Token Sale: 58%
Private Sale Token Issuance: 8,000,000
Pre-ICO Token Issuance: 3,900,000: includes 30% bonus
5,000,000: includes 25% bonus
5,750,000: includes 15% bonus
ICO Token Issuance: 9,900,000: 10% bonus
20,000,000: no bonus
Payment Currency: Bitcoin (BTC), Ethereum (ETH)
Bonus Structure: Community based
Transparency: Open source (public GitHub)
Pre-ICO Sale: Stage 1 (30% bonus) July 30 – August 10, 2018

Stage 2 (25% bonus) August 11 – August 20, 2018

Stage 3 (20% bonus) August 21 – August 30, 2018

ICO Sale: Stage 1 (10% bonus) August 31 – September 30, 2018

Stage 2 (no bonus) September 31 – Q4,  2018

LTE Deposit Address: 0x6e9f5B0E49A7039bD1d4bdE84e4aF53b8194287d
Crowdsale Smart Contract Address: 0x87d34F22Ae1901445cFfe299c6adeF44184Af86C

Use of Funds

  • Marketing 25%
  • Development 40%
  • Operations 30%
  • Legal 2.5%
  • Contingency 2.5%

The primary use of funds will be to develop the platform, grow the team and further the development, promotion and management of the project.

Our emphasis will be on platform performance and security, as well as building a strong community and a user experience that supports higher trust in peer to peer exchange.