LendingStar Presale Phase of ICO Starts Today - LSX
crowdsale

LendingStar Presale Phase of ICO Starts Today

October 25, 2017

Today, LendingStar Exchange (LSX) is launching the presale phase of its ICO today, the 25th of October, commencing at 04:00 UTC.

LendingStar is the world’s first invoice exchange build on blockchain technology. It is envisioned that LSX functions in a similar fashion to a stock exchange, where any investors whether they are individuals, family offices, investment funds or institutions, can trade a cryptoasset backed by an invoice, in fiat and cryptocurrency. LSX will provide investors with greater liquidity, and grant crypto investors greater access to alternative finance investments that previously were traded in solely fiat currency – it is due for public release in late 2018.

Full details of the presale ICO are as follows:

Phase 1 Presale

  • Dates: October 25th – October 30th
  • Price: 1000 per 1ETH
  • Min contribution: 2ETH
  • Limit: 20,000 ETH
  • Volume discount (one-time purchase):
    • 100-300ETH – 15% bonus;
    • 301-500ETH – 20% bonus;
    • 501-700ETH – 25% bonus;
    • above 700ETH – 30% bonus

Presale Phase 2

  • Dates: November 2nd – November 7
  • Price: 1000 per 1ETH
  • Min contribution: 0,1ETH
  • Volume discount (one-time purchase):
    • 100-300ETH – 15% bonus;
    • 301-500=ETH – 20% bonus;
    • 501-700ETH – 25% bonus;
    • above 700ETH – 30% bonus

Presale Phase 3

  • Dates: November 10th – November 15th
  • Price: 1000 per 1ETH
  • Min contribution: 0,1ETH
  • Volume discount (one-time purchase):
    • 100-300ETH – 15% bonus;
    • 301-500ETH – 20% bonus;
    • 501-700ETH – 25% bonus;
    • above 700ETH – 30% bonus

Presale Phase 4

  • Dates: November 18th – November 23rd
  • Price: 1000 per 1ETH
  • Min contribution: 0,1ETH
  • Volume discount (one-time purchase):
    • 100-300ETH – 15% bonus;
    • 301-500ETH – 20% bonus;
    • 501-700ETH – 25% bonus;
    • above 700ETH – 30% bonus

Presale Phase 5

  • Dates: November 26 – December 01st  
  • Price: 1000 per 1ETH
  • Min contribution: 0,1ETH
  • Volume discount (one-time purchase):
    • 100-300ETH – 15% bonus;
    • 301-500ETH – 20% bonus;
    • 501-700ETH – 25% bonus;
    • above 700ETH – 30% bonus

Presale Phase 6

  • Dates: December 04th – December 09th
  • Price: 1000 per 1ETH
  • Min contribution: 0,1ETH
  • Volume discount (one-time purchase):
    • 100-300ETH – 15% bonus;
    • 301-500ETH – 20% bonus;
    • 501-700ETH – 25% bonus;
    • above 700ETH – 30% bonus

LST tokens sold during the crowdsale will permit the holder to carry out operations on LSX when it goes live. LST can be used to issue new invoice linked cryptoassets on the exchange, or used when buying an existing cryptoasset on the exchange.

70% of the LST tokens will go to the crowdsale. Of the balance, 20% of the tokens will not be part of the crowdsale and will instead be held by the company and team as reserve. The remaining 10% will be held as a reward for advisors and participants.

Proceeds from the crowdsale will go towards the development of the blockchain technology base of LSX and primary marketplace expansion to ensure a steady supply of high quality invoices are available to be traded on LSX. LendingStar will be well positioned to generate transaction volumes of more than US$6B on the Lendingstar LSX Exchange by 2020. Every additional 10,000ETH raised in excess of the soft cap of 20,000ETH, will not only provide additional exchange liquidity to the LendingStar LSX Exchange but also enable LendingStar to accelerate trading on the LSX exchange platform by a further $50m every month.

Registering is easy – those interested can simply visit LendingStar’s ICO sign-up page. LSX crowdsale is available for contribution in Ether and Bitcoin. Follow these steps to participate in ICO:

  1. Create your first cryptocurrency wallet
  2. Buy cryptocurrency at cryptocurrency exchange
  3. Purchase LST tokens

Anyone who needs advice on how to contribute simply needs to visit LendingStar’s Help Center, Telegram group, or email support@lendingstar.com.

Sign up for LendingStar’s presale ICO at https://secure.lendingstar.com/signup

About LendingStar

LendingStar Pacific PTE LTD is a tech-based company registered in Singapore. LendingStar Exchange (LSX) platform is a product of LendingStar. For media inquiries, contact media@lendingstar.com.