Litentry-The First Decentralized Cross-Chain Identity Aggregator on Web3

Introduction

Litentry is dedicated to providing Web3.0 decentralized identity management services, creating an on-chain identity credit system via the integrated network identity information from different chains. Litentry has been launched on Binance Launchpool and started stake mining, and the trading pair of LIT will be officially listed on February 4 in Binance.

Project Information

Token: LIT

Total Token Supply: 100,000,000 LIT

Initial Circulating Supply: 18,000,000 LIT (18.00%)

Binance Launchpool Allocation: 3,000,000 LIT (3.00%)

Website: https://www.litentry.com/

Seed Sale Token Price: $0.18/LIT

Strategic Sale Token Price: $0.25/LIT

Opening Price: ?

Highlights

a. Polkadot Parachain Auction

b. First Cross-Chain Identity Aggregator on Web3

c. First Launch on Binance

Fundamental Analysis

a. Litentry launched on Binance Launchpool stake mining and will be listed on Binance firstly. Opening Price is worth the wait.

b. Litentry will participate in the Polkadot Parachain Slots Auction, with 45% of the total token supply will be allocated to the supporter in parachain auction and ecosystem.

c. Litentry has submitted an application for cross-chain testing on Rococo, the Polkadot Parachain Test Network, and will access the Rococo parachain in the future.

d. Based on the current market capitalization of the projects related to the Polkadot Parachain concept, it is expected that the market capitalization of Litentry will be about 20~30 million USD after the opening. In addition, it will enjoy the Polkadot ecosystem “bonus period” along with the progress of the Polkadot parachain slots auction.

Token Allocation

• Parachain Auction & Ecosystem: 45%
• Foundation: 17%
• Team: 15%
• Strategic Sale: 11.89%
• Seed Sale: 8.11%
• Binance Launchpool: 3%

Primary Listing Exchange

Binance