An innovative Blockchain platform, LAToken allows tokenizing and trading real assets using cryptocurrencies globally. Subsequently, bringing cryptocurrencies to the real economy. Simply put, LAToken is a Blockchain Technology based Exchange where you can buy and sell shares, gold, loans, real estate and other real assets using cryptocurrency.
LAToken is an initiative to bring cryptocurrencies to real economy by facilitating trade of real assets in crypto. A blockchain exchange, it decentralizes capital markets, ensuring they are more transparent, sustainable and efficient, free from the interference as well as cost of middle men and “too big to fail” institutions. Consequently, asserting smarter capital flow.
The native cryptocurrency for trading tokenized assets, LAT is used for market making and liquidity enhancement. As a result, the demand for LAT influences the trading volume at the LAT Exchange. As LAT is well-positioned to emerge as the most stable and popular cryptocurrencies for the real economy, the turnover for asset-backed tokens may surpass $1 trillion by 2025. The cryptocurrency can also be used to pay transactional fees and buy assets for trading.
Symbol: LAT
Accepted currencies: ETH
Price for round 1: 1 ETH = 1000 LAT
Price for round 2: 1 ETH = 909 LAT
Price for round 3: 1 ETH = 769 LAT
Price for round 4: Undisclosed
Token sale HARD cap: $40 mln
Sale starts on August 22, 2017 and will be completed in 4 rounds.
Target number of tokens for sale at Round 1: 30 mln
Target number of tokens for sale at each of Rounds 2 – 4: 50 mln
Freezing: LAToken will freeze 600,000,000 LAT.
Freeze period: 5 years from the Token Sale end
Release of tokens: ~0.05% of total frozen tokens per day to ensure all frozen tokens get released in 5 years
KryptoMoney.com publishes latest news and updates about Upcoming ICO’s, Bitcoin, Cryptocurrencies and Blockchain Technology. Subscribe to our newsletters and join and connect with us socially on Telegram, Facebook, Twitter and Instagram to stay updated.
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.