Dubai, UAE, December 4th, 2023, Chainwire
After two years in improvement, LandX, the agricultural finance protocol, efficiently closed its non-public funding spherical, surpassing expectations. The spherical raised over $915,000 USD from non-public traders which brings the entire raised to over $5 million USD. The milestone marks a major vote of confidence within the potential for LandX to convey real-world, property on-chain.
$LNDX Public Round Begin
Following the non-public sale, the undertaking is ready to go dwell 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 group shall be given precedence entry from the 4th of December, then any remaining tokens shall be opened as much as most 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 complete potential of LandX’s modern agricultural finance platform
The Starting of a New Chapter for LandX
The general public spherical permits anybody with an Ethereum pockets to allocate capital and put money into LNDX tokens. This transfer is aligned with LandX’s imaginative and prescient of democratizing entry to agricultural monetary merchandise by means of blockchain expertise.
LandX is the primary Web3 undertaking to convey agricultural commodity property and tokenized farmland into the decentralized finance ecosystem. An modern product often called xTokens LandX will create inflation-hedged, uncorrelated digital property 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 choices. There’s a restricted distribution of the LNDX after launch, with non-public sale traders locking their tokens for 3-12 months and seed traders voluntarily locking their tokens for 48 months. This, together with the $500,000 assured capital deployment within the decentralized change liquidity swimming pools, supplies a singular alternative within the fastest-growing sector in decentralized finance.
Methods to Take part
Buyers outdoors the US and different restricted areas who’re within the public spherical can join with the LandX staff on Discord, Telegram or go to the LandX website for extra info on find out how to take part.
“We would like to thank our amazing community for giving us the opportunity to bring this vision to life. It is with your support, trust and feedback that we will shape the future of agricultural finance” – LandX Spokesperson
Customers can discover extra details about LandX, the LNDX token, and the general public spherical at https://landx.fi/
About LandX
Bridging the agriculture financing hole, LandX supplies upfront capital to farmers in return for a share of their future harvests. The financing is secured by the underlying farmland, providing traders a possible alternative to earn sustainable yield backed by tangible property.
Press Contact
Press Relations, LandX Finance, [email protected]
