What is LATOKEN (LA)?
LATOKEN, an Estonian exchange established in 2017, strives to give its customers the most straightforward approach to accessing funds and assets globally. It offers a variety of services including trading cryptocurrency, investing, transferring money, raising capital, and creating tokens.
The LA token is a native currency of the project, built on Ethereum's ERC-20 standard. On the live LATOKEN price chart above, you can find the current LA price.
LA Use Cases
The LA coin is created to facilitate deals on the exchange and fund services associated with it.
For starters, LA crypto tokens can be traded with most tokens that are listed on LATOKEN.
Also, LA tokens can be used to pay for gas fees on multi-chain transactions carried out on the platform. Using the LA token attracts discounts on these transactions.
Moreover, when listing a new project on the exchange, the LA token is also required. Project owners must hold a certain amount of LA tokens in their wallets to facilitate this process.
Lastly, the LATOKEN can be used for staking and farming activities on the platform. Holders who do not wish to actively trade with their LA coins can stake them in staking or farming pools for rewards. To know what these rewards could be worth, you can observe the current LATOKEN price chart above. It features the current and the previous LA price.
Who Founded LATOKEN?
Valentin Preobrazhenskiy is the originator and the head of the project. Before LATOKEN, he set up another company called Zalogo, a home equity trading platform in which he acted as the CEO from 2014 to 2017. He also managed an equities portfolio at Avega Capital and Spectrum Partners, in addition to having experience with CERA, VTB, and Sberbank.
Talking about other leading team members, Sonny Mohanty is the regional director of LATOKEN Singapore, Vladimir Kiselev serves as the listing & marketing manager, and Christina Popova works with global event management.
The maximum supply of LA tokens is capped at 1 billion. The ICO of LA began on August 22, 2017, and concluded in October 2020. During the ICO, 57 million tokens were sold. Don't forget to check the current LA price above.