COMMUNITY UPDATE: Pre-Sale, Listings, Partnerships, and What the Future Holds.

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Lead Wallet

5 min readSep 8, 2020

Within the past few weeks, the entire crypto space has come alive in ways unseen since the last bull run in 2017 with trends such as #DeFi, $YFI, and $Sushi being the center of discussions alongside the growing popularity of liquidity pools. For Lead Wallet, the past one week has been super exciting with lots of activities and targets met. Here is a detail of all the progress made in the past weeks!

LEAD TOKENOMICS

Pre-Sale: 30%
Staking and Mining Pool: 30%
Uniswap: 14%
Dev Fund: 10%
Marketing: 5%
Team: 10%
LID Team: 1%
Token type: Utility

Except for the Presale token supply and Marketing token, the rest tokens are subject to a 10 Months vesting and unlocking period!

ILO PRE-SALE ON LID PROTOCOL

Tagged a premium project by the LID team after preliminary discussions and their due diligence, we set out for a presale event (With a Softcap of 400ETH) on the LID platform where our project was met with keen interest from blockchain enthusiasts and investors.

WHAT IS LID PROTOCOL?

The Liquidity Dividends Protocol team has developed new technologies for securely depositing and locking liquidity generated via presale into Uniswap. LID aims to license this technology out to other projects so as to end the rug pull and exit scams that have rocked the DeFi space in recent times.

Thanks to the LID team, we exceeded our soft cap and raised 993.84ETH. And just as planned, 20% of the raised funds were given to the team to aid the Lead wallet app development and launch, the 60% was permanently locked on Uniswap in order to provide liquidity, 15% is being used to conduct buyback and burn in an ongoing process. Questions on this have also been answered in our telegram channel here.

APP DEMO UNVEILED

In order to uphold the transparency we promised the community, we created a demo video that gave a sneak-peek on what to expect when the Lead Wallet goes live in October and because we put in a lot of effort to ensure the UI is as simple as possible, the demo was met with excitement and applause from the community at large.

PARTNERSHIP WITH DEX TOOLS

With the goal of increasing visibility, and ultimately pushing the #Lead brand to attain better exposure, we entered a partnership with DEX Tools which has seen us listed on the Dex Tool App as seen below:

PARTNERSHIP WITH FINSWAP

FinSwap is an advanced feature-rich online trading dex tool that provides a plethora of features to enable users a never seen experience of crypto trading. FinSwap is building the next generation product to power the future of Decentralized Finance (DeFi).

The partnership between Lead Wallet and Finswap will see their DeFi DApp supported on Lead Wallet, enabling users to have easy access to their platform via our simple, yet sophisticated interface and as a result, Lead tokens will be utilized alongside FNSP in powering the Finswap ecosystem. This partnership will help in raising the intrinsic value of both tokens, and ultimately both projects.

$LEAD TOKEN LISTED ON UNISWAP

With 60% of the total raised funds from our just concluded presale locked on Uniswap, the Lead/ETH pair went live after the sale on LID Protocol came to

its end and you can easily trade here.

TRADING CHANNEL CREATED

In order to ensure that discussions in our main Telegram group remain focused on the development of the project, we have created a separate Telegram group where traders can speculate on, and discuss price-related topics freely. You can join the discussions here.

CMC and CoinGecko Listings

We are pleased to announce that the Lead token has been listed on both Coinmarketcap and Coingecko respectively.

This is a great milestone in our journey as getting listed on these platforms will afford us visibility as well as the opportunity to climb up the ranks steadily.

EXCITING DAYS, WEEKS, AND MONTHS ARE AHEAD OF US!

The Lead team is focused on the development of the Wallet app in order to put finishing touches to our simple MVP with basic interesting features and launch the same in the month of October.

We are exploring various marketing strategies to help enable the brand to gain visibility across continents, increase our userbase, attract e-commerce platforms to partner with us and ultimately drive crypto mass adoption with holders able to spend native tokens on utilities in various parts of the world.

In the weeks and months to follow, we will try to get listed on bigger exchanges, host AMAs on popular crypto channels, and get as many YouTubers as possible to promote our vision to the crypto space and the world at large.

We are happy to have come this far with you behind us and we appreciate your continued support. Let us sail this ship together until we get to the top!

You can follow the LEAD project via these platforms:

Telegram: https://t.me/leadwallet

Twitter: https://twitter.com/LeadWallet

Facebook: https://web.facebook.com/leadwallet/

LinkedIn: https://www.linkedin.com/company/leadwallet

Reddit: https://www.reddit.com/r/LeadWallet/

Github: https://github.com/leadwallet

Contact Us:

contact@leadwallet.io

COMMUNITY UPDATE: Pre-Sale, Listings, Partnerships, and What the Future Holds.

ILO PRE-SALE ON LID PROTOCOL

CMC and CoinGecko Listings

Written by Chianakwalam Eliezer