Dubai, UAE, December 4th, 2023, Chainwire
After two years in improvement, LandX, the agricultural finance protocol, efficiently closed its personal funding spherical, surpassing expectations. The spherical raised over $915,000 USD from personal buyers which brings the overall raised to over $5 million USD. The milestone marks a big vote of confidence within the potential for LandX to deliver real-world, belongings on-chain.
$LNDX Public Spherical Begin
Following the personal sale, the challenge is about to go reside this week with its public spherical, presenting a broader viewers with the chance to safe an allocation of the LNDX governance token. The general public sale is being launched on a primary come, first served foundation with a restricted provide of three,000,000 tokens priced at $0.50 USDC.
The LandX neighborhood shall be given precedence entry from the 4th of December, then any remaining tokens shall be opened as much as most of the people from the tenth of December.
$LNDX Token Public Launch Roadmap
Public Sale: Begins Monday 4th December
- Omega Sale: Monday, 4th December
- Alpha Sale: Thursday, seventh December
- Public Sale: Sunday, tenth December
- Public Sale Closing: Wednesday, thirteenth December
$LNDX Itemizing on a number of exchanges: Thursday, 14th December.
Platform Official Launch: On Friday, fifteenth December, real-world customers will be capable of expertise the total potential of LandX’s progressive agricultural finance platform
The Starting of a New Chapter for LandX
The general public spherical allows anybody with an Ethereum pockets to allocate capital and spend money on LNDX tokens. This transfer is aligned with LandX’s imaginative and prescient of democratizing entry to agricultural monetary merchandise by way of blockchain know-how.
LandX is the primary Web3 challenge to deliver agricultural commodity belongings and tokenized farmland into the decentralized finance ecosystem. An progressive product referred to as xTokens LandX will create inflation-hedged, uncorrelated digital belongings that may be traded 24/7 on decentralized exchanges.
The LNDX token is on the coronary heart of the LandX platform, designed to foster a sustainable and environment friendly agricultural finance ecosystem. When staked, the token holder can earn a share of the platform charges and take part in governance selections. There’s a restricted distribution of the LNDX after launch, with personal sale buyers locking their tokens for 3-12 months and seed buyers voluntarily locking their tokens for 48 months. This, together with the $500,000 assured capital deployment within the decentralized trade liquidity swimming pools, offers a singular alternative within the fastest-growing sector in decentralized finance.
How you can Take part
Buyers outdoors the US and different restricted areas who’re within the public spherical can join with the LandX crew on Discord, Telegram or go to the LandX web site for extra data on how one can take part.
“We want to thank our superb neighborhood for giving us the chance to deliver this imaginative and prescient to life. It’s together with your assist, belief and suggestions that we are going to form the way forward for agricultural finance” – LandX Spokesperson
Customers can discover extra details about LandX, the LNDX token, and the general public spherical at https://landx.fi/
Bridging the agriculture financing hole, LandX offers upfront capital to farmers in return for a share of their future harvests. The financing is secured by the underlying farmland, providing buyers a possible alternative to earn sustainable yield backed by tangible belongings.
Press Relations, LandX Finance, [email protected]