As promised, we have some good news for our supporters:
1. We are happy to announce the launch of LA/BTC and LA/ETH pairs on CoinExchange, a cryptocurrency exchange platform averaging $13,6M in daily trade volume.
2. We have also launched major updates at LAToken Platform, and now we want to bring you up to speed.
From now on, you can use LA to purchase tokens of selected ICO projects. For listing on our platform, we choose ICOs which meet high quality standards in terms of team and product. The first project to be listed is ModulTrade, one of the pioneers aiming to improve the trade finance industry by connecting millions of small and medium enterprises to the global trade in a more efficient and trustful way.
You can already buy ModulTrade tokens with LA at the project website, and soon they will be available for sale directly on LATOKEN Platform.
3. We made an upgrade to assets tokenization on the platform. The process of submitting applications on tokenizing real estate, artworks etc. is now much easier. Submitted applications will be reviewed on case-to-case basis.
The process of ICO listing works as follows:
1) We select high-quality ICOs (experienced team, promising product with the working prototype).
2) List them on LATOKEN platform - so that users can directly buy ICO tokens with LA.
3) ICOs pay part of the listing and advisory fees in LA, LATOKEN also receives a sales commission from ICOs.
ICO listing as a product:
1) Increases liquidity and the demand for LA.
2) Generates revenue for LATOKEN.
3) Creates an ecosystem high-quality blockchain projects using LA as a currency.