Leverj Crypto Coin Rank 1297
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Leverj ICO Details
Fund Raised (BTC)
Fund Raised (USD)
Start Price (USD)
Security Audit Company
Leverj is a decentralized leveraged crypto exchange that provides solutions to the inherent risks seen in centralized trading platforms. Leverj provides decentralized identity to avoid identity leaks and multi-signature accounts to provide complete user control over account funds. LEV is an Ethereum-based ERC20 token and it is the primary token in Leverj's two-level token system.
The LEV token represents a license to transact on the platform proportional to the percentage ownership of the token supply. The second token, FEE, can be generated by LEV token holders by freezing the LEV token in a smart contract for a fixed duration, allowing them to trade on the Leverj platform without having to pay fees in ETH.
- Bharath Rao - Founder/CEO
- Nirmal Gupta - CoFounder/CTO
- Babu SK - Operations
The Leverj ICO will start on the 7th of November, 14:00 UTC and will last until the 7th of December, 2017. The ICO allocation represents 25% of the total supply (15% were sold in the presale). The LEV token will be available for a 0.0003 ETH starting price. The ICO funding cap is 83,333 ETH
Unsold tokens will be locked for 12 months and be used for future marketing and partnerships.
Token Reserve Split:
- Partners - 10.0%
- Token Sale - 40.0%
- Founders - 20.0%
- Liquidity/Ops - 30.0%
The Leverj ICO features an escrow agent.
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