Locklet $LKT is a new cryptocurrency. It’s presale on Unicrypt(Uniswap). Let’s examine the Locklet project in detail
Locklet is the world’s first decentralized vesting platform
Project name: Locklet
Contract address: 0xd9b89EEe86B15634c70CaB51BAF85615A4AB91a1
Token type: ERC-20
Total supply: 150.000.000 LKT
Launchpad: Unicrypt Network(Uniswap)
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||40% USDC raised liquidity lock|
time: 6 months
|Min-Max Spend per Account||max 3.000 USDC|
|Presale price||104,16666667 LKT / per USDC|
|Listing price||78,125 LKT / per USDC|
|Audit||(by Quill Audits)|
|Start||approx: Mon 12 Jul 18:00 UTC|
|End||approx: Wed 14 Jul 18:00 UTC|
Note: Locklet made a private sale.
|DEX & CEX Liquidity||7%|
|Community reward pool||3 %|
How much liquidity will be locked?
At the end of the Public Sale, 50% of the raised funds will be locked in Uniswap (Ethereum) and PancakeSwap (Binance Smart Chain) liquidity pools for six months as follow:
- Uniswap (USDC/LKT) : 188,000 USDC / 14,730,000 LKT
- Uniswap (ETH/LKT) : 15 ETH / 2,343,750 LKT
- PancakeSwap (BNB/LKT) : 70 BNB / 1,640,625 LKT
These calculations were made on the assumption that ETH would be at 2000$ and BNB at 300$.
It is good
- KYC and doxxed team
- Audited by Quill Audits, check report
- No high-medium-low-informational issues
About the team
- The team disclosed their identity on their website. The team consists of 4 people. 2 code devs, 1 designer and 1 relations officer.
- Team members based in Europe/France.
- Noe Comte: Founder and lead engineer. It seems that he is an experienced and talented person in his field. You can check Linkedin
From White/Lite Paper
Locklet is the world’s first decentralized vesting platform. It allows any crypto-currency holder to create more or less complex vesting clauses according to their need and have them executed over the desired duration and this in a completely decentralized way.
Usage of Locklet $LKS
Locklet is aimed at different types of users: entrepreneurs, teams, hedge funds, business angels, project communities and developers.
Locklet decentralized vesting platform uses its own multi-chain token called LKT as currency. When a Locklet user wishes to use a service, he must pay the fees related to the use of this service in $LKT.
At transaction time, 45% of the total fee amount is burned, 45% is redistributed to the stakers and 10% is acquired by the Locklet foundation.
Deflationary: Some part of each fee will be burned.
What blockchains is the LKT token available on?
LKT token will be available on all blockchains where Locklet offers its services, namely:
|Blockchain||Token Contract Address|
|Binance Smart Chain||0xde8fa069707b6322ad45d001425b617f4f1930bd|
|Huobi ECO Chain||N/A|
How is Locklet different from other vesting(token locking) platforms?
Locklet will offer advanced vesting capabilities:
- Split the vesting clause over several external recipients with different %,
- Make vesting clause revokable,
- Merge all of the clauses in a single contract to offer low cost vesting creation
- Issuing a embeddable certificate that project will be able to show on their website
You can find more detail at this doc👉 What is Locklet? – Locklet
Locket is a product-based project. Product-based projects and meme coins need to be evaluated differently.
LKT has audit. The team has both KYC and doxxed. These are very good for project.
About tokenomics: The team will use some of the funds collected from the presale to create pools for Uniswap LKT/ETH and Pancakeswap LKT/BNB.
When we look at Locklet, we see an experienced and talented team. The team can realize this project.
The LKT token will be used on the Locklet platform. Those who want to use the platform will have to pay the fee with LKT.
#Locklet: The LKT token will be used on the Locklet platform. Those who want to use the platform will have to pay the fee with LKT.Tweet
Part of the fees paid with LKT on the platform will be burned.
The team transparently shared wallets (foundation, team, etc), check
A project like LKT should be viewed as a medium and long-term investment. After the Vesting platform goes live, we can say that LKT will have a good price chart as a token with use.
294 k USD collected from 249 participants. Reached softcap. Success
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