LEAD TOKEN ILO PRESALE SCHEDULED FOR 3RD SEPTEMBER + LID AND CHANGENOW PARTNERSHIPS🎉
- Lead Token Presale — 3rd of September
- Lead Tokenomics and Token Distribution
- New Partnership: Liquidity Dividends Protocol (LID)
- New partnership: ChangeNOW
It is a pleasure to write to you again after the last release on the situation of Lead Wallet development. I'll like to reassure you that our product release is still set for October launch as everything is going smoothly just as expected since onboarding two more Developers to the team. We are currently updating our whitepaper to reflect the changes we've made in the past few weeks.
Although we promised to make a series of announcement before our sales date, we decided to make more just this one announcement before the sale itself. The reason is that things changed for the better, hence we are moving faster than we had planned. This will be the only announcement release prior to our presale scheduled for 3rd September 2020 — save the date 😁.
New Partnership — ChangeNow
We've partnered with ChangNOW, a non-custodial swap/exchange platform that makes it easy for wallet users to seamlessly swap or exchange their crypto assets from one cryptocurrency to another while protecting their identity. What this partnership means is that our swap gateway will go live at the Public Beta launch making it easier for Lead wallet users to exchange their cryptocurrencies without leaving the Lead wallet app.
New Partnership — Liquidity Dividends Protocol (LID)
The Lead Wallet team decided to partner with the LID Protocol so as to leverage upon its increasingly popular liquidity technology, innovation and community strength to raise the sum of 3,400 ETH in a presale round that will take place on the 3rd of September 2020. The Liquidity Dividends Protocol uses new technology that provides solutions for depositing liquidity into Uniswap while also offering a social rewards-based staking system for the benefit of the community members that supports them. So far, they’ve recorded massive successes in successive presale rounds. Most recently, they raised over 3000ETH for the Swapfolio presale.
The Lead team intends to use the funds raised in the Lead token presale for Lead token Exchange listing on Uniswap and other exchanges, Lead wallet product research, marketing, partnership, and to continue building the Lead wallet application beyond its Public Beta launch which has been slated to go live in October 2020.
Lead Tokenomics - Updated 💰
Funding Requirement
Hardcap — 3400 ETH
Softcap — 500 ETH
Token Price is pegged around: 0.0089 USD per Lead Token. More details will be made available closer to the date.
If we are unable to reach the hard-cap after the presale, then, 50% of all unsold tokens during the presale will be automatically redistributed to presale participants upon reaching the soft-cap target. While the rest 50% of unsold tokens will be instantly burnt.
In order not to miss out on the presale offer, and for more information on Lead Wallet Public Beta, new partnership, etc, kindly follow us on our official Twitter, Telegram and the other social media channels.
