LordToken has raised US$15.7 Million in token sales to fund its first funding round. In preparation for the LordToken’s grand launch, this sets the stage.
François Denis the co-founder of LordToken made a key remark to expressed his optimism towards the conclusion of the fundraising and the upcoming launch of the platform:
“This is an exciting time for us and everyone who believes in the LordToken mission; our fundraising drew more significant interest than we had anticipated, which shows how much the community believed in the project. With the launch date approaching, this will mark the start of a long journey for us as we pioneer the future of revolutionary cloud-based cryptocurrency exchange.”
The LordToken fundraising was conducted in two phases, the first round was concluded in November 2021 with a $5.5 million raise, followed by a $10.2 million raised in the second round which was concluded at the end of January 2022. LordToken claims that the end of token sales will allow for the issue of LTT native tokens. These tokens will go on sale on both the DEX and LordToken Exchange starting on March 9th.
LordToken provides a trading platform which allows users to access the crypto-assets market with superior customer service.
Lordtoken is a One-Stop solution to the current crypto exchange woes
Safety and compliance: The controversy surrounding cryptocurrency exchanges has been ongoing. This is due to numerous hacking incidents and anti-money laundering concerns. Regulators are now focusing their attention on trading, the main activity of cryptocurrency exchanges. LordToken has already begun to meet with regulators from several jurisdictions. It also established strict partnerships with KYC/AML leaders in order to address the brewing problem.
Liquidity:A high-liquidity platform will process your orders fast. Liquidity refers to the ease at which assets can be converted to fiat currencies or to one of many cryptocurrency. This feature is crucial to the success of the cryptocurrency market.
LordToken was the first European company that collaborated with Binance Cloud. It has an unmatched advantage of having access to deep liquidity through the Binance Cloud infrastructure. This allows seamless trading and exchange of tokens at market-leading prices.
A Glance At LordToken’s Suites Of Products
LordToken has a clear mission: to create a global, compliant and high-security exchange. It will ensure that its ecosystem surpasses existing exchange standards, creating a truly unique experience for its users.
LordToken was designed for ease-of-use, allowing both newbies and pros to access the cryptocurrency landscape while keeping their privacy high. Project team reiterated its commitment to be a single-stop solution and assembled, either at launch or soon thereafter, a variety of products specifically designed to help the community.
Launchpad:Token launch platform and incubator for crypto projects. LordToken Launchpad helps blockchain projects increase funds, expand their reach in the crypto ecosystem and launch products faster.
DCA & copy-trading services: LordToken will offer seamless trading, and the exchange will have the appropriate trading tools (DCA and copy-trading) to enable traders to get the best out of the crypto market.
NFT market: LordToken NFT marketplace is a place where creators and collectors can meet. The marketplace allows creators to list their NFTs, which will allow collectors to buy, sell, or bid on their favorites.
24/7 support: The exchange is a user-centric platform that places users first in all it does. This will allow for quick customer service and prompt resolutions.
Final Thoughts
Crypto-assets are gaining popularity due to NFTs, DeFi products and other DeFi products. Security and compliance have become a common topic. LordToken has put together a system to protect users by implementing a variety of compliance programs. LordToken is a fascinating company to watch as it leads the way in crypto industry.