L1X Hot

An innovative layer one blockchain with groundbreaking features

View Whitepaper View Website

ICO Details

Status

Past

Starting date

July 24th, 2023

Ending date

January 31st, 2024

Whitelist

Token Sale Hard Cap

$ 25,000,000

Token Sale Soft Cap

$ 10,000,000

Token Distribution

Total Supply hard cap of 1 Billion L1X coins over a ten year release. The majority of tokens go a treasury allocation which is distributed to various areas that help support participation and growth of the protocol.

Layer One X made sure to partner with top legal and tokenomic developers in the industry. They worked with MME (Same as Ethereum) to set up the foundation in Switzerland. They also worked with Prysm Group (a leader in the industry) to develop the Tokenomics.
https://www.mme.ch/de-ch/
https://www.prysmgroup.io/

See more details on tokenomics from page 91 of Whitepaper
https://docsend.com/view/yxxumg97x5mzv77v

Initial Token Price

1 Token = 0.50 USD

KYC

Yes

Participation Restrictions

Excluded countries* USA, Afghanistan, Belarus, Democratic People’s Republic of Korea, Iran, Syria, Venezuela, China, Sudan, Balkans, Central African Republic, Crimea, Ukraine regions (Crimea, Donetsk, Luhansk and Sevastopol), Democratic Republic of the Congo, Eritrea, Ethiopia, Iraq, Libya, Mali, Myanmar (Burma), Somalia, Sudan, Syria, Yemen, Zimbabwe, Belarus

Accepts

USDC and USDT (BSC, ETH, AVAX and Polygon Chains)

Features

Layer One X is a revolutionary new layer one blockchain allowing for bridgeless access between any chains it is connected to. It will have its own multichain wallet that will allow users to access tokens on any connected chains and use the L1X token as gas utility on these chains. The variety and size of the potential markets Layer One X will have access are in the tens of billions and beyond. Layer One X is purposed designed for developers with its scalability features including 100K TPS and 1 cent gas fee. Builders will be able to leverage these features plus its unrivalled interoperability to create new applications to drive adoption and attract new markets to the blockchain industry.

Core Team

Kevin Coutinho
Founder

Matiu Rudolph
COO