LandX Closes Private Financing Round, Securing More than $5 Million in Private Funding
After two years in development, LandX, the agricultural finance protocol, successfully closed its private investment round, exceeding expectations.
The round raised over $915,000 from private investors, bringing the total raised to over $5 million. The milestone represents a significant vote of confidence in LandX’s potential to bring real-world assets on-chain.
The public round begins
The project will then go live with its public round this week, offering a wider audience the opportunity to secure an allocation of the LNDX governance token. The public sale will be launched on a first-come, first-served basis with a limited supply of 3,000,000 tokens priced at 0.50 USDC.
The LandX community will receive priority access starting December 4th, with all remaining tokens being made available to the general public starting December 10th.
Public sale: Starts Monday, December 4th
- Omega Sale: Monday December 4th
- Alpha Sale: Thursday, December 7th
- Public sale: Sunday December 10th
- Public sale ends: Wednesday, December 13th
LNDX listing on multiple exchanges: Thursday, December 14th
Official launch of the platform: On Friday, December 15, users can experience the full potential of LandX's innovative agricultural financing platform
A new chapter begins
The public round allows anyone with an Ethereum wallet to allocate capital and invest in LNDX tokens. This move is in line with LandX’s vision to democratize access to agricultural financial products through blockchain technology.
LandX is the first project to bring agricultural commodities and tokenized farmland into the decentralized finance ecosystem. Through an innovative product called xTokens, LandX will create inflation-protected, uncorrelated digital assets that can be traded 24/7 on decentralized exchanges.
The LNDX token is at the heart of the LandX platform, designed to foster a sustainable and efficient agricultural finance ecosystem. When staked, the token holder can earn a share of the platform fees and participate in governance decisions. Post-launch, there will be a limited distribution of LNDX, with private sale investors locking their tokens for 3-12 months and seed investors voluntarily locking their tokens for 48 months. Combined with the guaranteed capital stake of $500,000 in the decentralized exchange liquidity pools, this presents a unique opportunity in the fastest growing sector of decentralized finance.
How to take part
Investors outside the US and other restricted regions interested in the public round can contact the LandX team via Discord or Telegram or visit the LandX website for more information on how to participate.
“We would like to thank our amazing community for giving us the opportunity to bring this vision to life. With your support, trust and feedback, we will shape the future of agricultural financing” – LandX spokesperson
For more information about LandX, the LNDX token and the public round, users can visit https://landx.fi/
About LandX
To address the financing gap in agriculture, LandX provides farmers with upfront capital in return for a percentage of their future crops. The financing is secured by the underlying farmland and offers investors the potential opportunity to generate sustainable returns backed by physical assets.
Contact
Press workLandX Finance[email protected]
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.