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LandX Closes Non-public Spherical Securing $5M+ In Non-public Funding


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Dubai, UAE, December 4th, 2023, Chainwire

After two years in growth LandX, the agricultural finance protocol, efficiently closed its non-public funding spherical surpassing expectations. The spherical raised over $915,000 USD from non-public traders which brings the full raised to over $5 million USD. The milestone marks a big vote of confidence within the potential for LandX to carry actual world property on-chain.

Public Spherical Begins

Following this the venture is ready to go dwell this week with its public spherical, presenting a broader viewers with the chance to safe an allocation of the LNDX governance token. The general public sale is being launched on a primary come first served foundation with a restricted provide of three,000,000 tokens priced at $0.50 USDC.

The LandX group will likely be given precedence entry from the 4th of December, then any remaining tokens will likely be opened as much as most people from the tenth of December.

Public Sale: Begins Monday 4th December

  • Omega Sale: Monday, 4th December
  • Alpha Sale: Thursday, seventh December
  • Public Sale: Sunday, tenth December
  • Public Sale Closing: Wednesday, thirteenth December

LNDX Itemizing on a number of exchanges: Thursday, 14th December

Platform Official Launch: On Friday, fifteenth December customers will have the ability to expertise the total potential of LandX’s modern agricultural finance platform

A New Chapter Begins

The general public spherical allows anybody with an Ethereum pockets to allocate capital and spend money on LNDX tokens. This transfer is aligned with LandX’s imaginative and prescient of democratizing entry to agricultural monetary merchandise by blockchain know-how.

LandX is the primary venture to carry agricultural commodity property and tokenized farmland into the decentralized finance ecosystem. By way of an modern product referred to as xTokens LandX will create inflation-hedged, uncorrelated digital property which may be traded 24/7 on decentralized exchanges.

The LNDX token is on the coronary heart of the LandX platform, designed to foster a sustainable and environment friendly agricultural finance ecosystem. When staked the token holder can earn a share of the platform charges and take part in governance choices. There’s a restricted distribution of the LNDX after launch with non-public sale traders locking their tokens for 3-12 months and seed traders voluntarily locking their tokens for 48 months. This together with the $500,000 assured capital deployment within the decentralized change liquidity swimming pools offering a singular alternative within the fastest-growing sector in decentralized finance.

Take part

Buyers outdoors the US and different restricted areas who’re  within the public spherical can join with the LandX crew on Discord, Telegram or go to the LandX website for extra info on take part.

“We wish to thank our superb group for giving us the chance to carry this imaginative and prescient to life. It’s together with your assist, belief and suggestions that we are going to form the way forward for agricultural finance” – LandX Spokesperson

Customers can discover extra details about LandX, the LNDX token and the general public spherical at https://landx.fi/

About LandX

Bridging the agriculture financing hole, LandX offers upfront capital to farmers in return for a share of their future harvests. The financing is secured by the underlying farmland, providing traders a possible alternative to earn sustainable yield backed by tangible property.

Contact

Press Relations
LandX Finance
[email protected]

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