8 months ago
PRESS RELEASE. LBank, a person of planetary crypto exchange, announced the motorboat of its 4th Launchpad connected January 26, 2024, featuring the task EchoLink. This announcement has garnered wide marketplace attention, pursuing the important occurrence of LBank’s erstwhile Launchpad projects – PINs Network, UMM, and ACGN Protocol’s token AIMEME.
LBank is committed to promoting the globalization of crypto plus trading, and the motorboat of EchoLink further exemplifies this effort. Through Launchpad, LBank offers planetary users a broader scope of crypto plus concern opportunities, accelerating the improvement of the planetary integer economy. LBank has besides been keeping up with marketplace trends by launching respective high-profile projects specified arsenic $Ordi, and BRC20 conception leaders SATS, RATS, MUDI, offering users optimal prices to enactment successful the hottest marketplace projects.
LBank Launchpad, a cardinal diagnostic of the LBank trading platform, aims to supply users with a wider scope of crypto plus concern opportunities. Through LBank Launchpad, users tin easy enactment successful high-quality blockchain projects and stock successful their maturation and success. The continuous maturation of LBank’s planetary idiosyncratic basal demonstrates its competitory spot successful the planetary integer plus trading level market. LBank’s planetary strategy is committed to providing users with a broader and much divers enactment of integer assets, helping planetary investors enactment successful and stock the benefits of the improvement of the crypto economy.
Introduction to EchoLink Project
EchoLink is simply a decentralized carnal infrastructure web (DePIN) oriented IoT oracle based connected Solana. It utilizes precocious impervious mechanisms to supply information capture, measurement, and verification services for galore IoT devices. Echolink employs zero-knowledge proofs and homomorphic encryption technologies to guarantee unafraid information transmission to oracle nodes portion maintaining integrity. It bridges information and blockchain and provides a toolkit for DePIN projects, laying the instauration for the aboriginal integration of IoT with blockchain.
Advantages of EchoLink
EchoLink is innovative and forward-looking successful the DePIN sector. It is not lone a level bridging IoT devices with blockchain but besides a strategy providing information capture, measurement, and verification services for IoT devices. The motorboat of EchoLink signifies a heavy integration of IoT with blockchain technology, offering users a unafraid and businesslike information enactment environment.
As the tokens of EchoLink, $ECHO has important imaginable for marketplace appreciation. With the continuous improvement and enlargement of the EchoLink ecosystem, these tokens are expected to go fashionable concern choices successful the integer plus field. Holders of $ECHO tokens volition person the close to enactment successful the governance decisions of the EchoLink community. This decentralized governance exemplary allows assemblage members to straight enactment successful the ecosystem’s improvement and decision-making processes. Overall, $ECHO tokens are not lone integral to the EchoLink ecosystem but besides service arsenic a nexus connecting assemblage members, creators, and investors, jointly promoting the integration and improvement of IoT with blockchain technology.
Strong Market Performance of LBank Launchpad
LBank Launchpad offers users a divers enactment of projects, covering innovative and forward-looking projects successful assorted fields. LBank is committed to providing users with a harmless and reliable trading environment. LBank Launchpad follows high-standard information measures and employs a just task allocation mechanism, ensuring each idiosyncratic has an adjacent accidental to enactment successful projects and the information of idiosyncratic assets. Global users tin conveniently enactment successful Launchpad projects done the LBank platform, enjoying the benefits brought by task growth.
Participation Guide
Subscription: Based connected 7-day averages of specified coins
Snapshot: Jan 18-24, 2024
Conditions: At slightest behaviour 1 transaction connected LBank during this period
Holding Conditions: BTC ≥ 0.027, ETH ≥ 0.5, USDT ≥ 1000, LBK ≥ 97000, XRP ≥ 1615, TRX ≥ 9650
Token Info:
Token: ECHO
Quota: 10M ECHO (1% of total)
Cap: 50K ECHO
Supply: 1B ECHO
Ratio: 1ECHO = 0.01 USDT
Mode: Contribution
Currency: USDT
Contribution Time Nodes (UTC+8)
From 00:00 connected January 18, 2024, to 24:00 connected January 24, 2024, grounds the 7-day mean regular holdings of BTC, ETH, USDT, LBK, XRP, and TRX (i.e., the sum of 7-day mean holdings divided by 7 days), which determines the maximum USDT magnitude that tin beryllium contributed.
Contribution opens astatine 14:00 connected January 25, 2024. Users request to motion a acquisition statement erstwhile contributing. Please lend wrong 5 hours; contributions cannot beryllium made aft this period. Note: USDT tin lone beryllium contributed from the spot account, and
once contributed, it cannot beryllium withdrawn. Please corroborate earlier proceeding. After the publication is completed, the contributed USDT volition beryllium deducted.
The publication transmission volition adjacent astatine 19:00 connected January 25, 2024.
From 19:00 to 21:00 connected January 25, 2024, the token allocation results volition beryllium calculated.
At 21:00 connected January 25, 2024, the token allocation results volition beryllium announced. ECHO tokens and the remaining USDT volition beryllium distributed to the users’ spot wallets.
About LBank
Established successful 2015, LBank stands among the world’s foremost crypto plus trading platforms. It is dedicated to furnishing users with secure, convenient, and nonrecreational services for crypto plus trading. The level provides an array of integer plus trading pairs, regularly unveiling innovative fiscal products and services to signifier a holistic trading experience. The instauration of its Launchpad signifies LBank’s ongoing advancement and innovation successful the blockchain sector. The anticipation is for planetary users to prosecute successful divers projects done the Launchpad, observing the thriving improvement of the crypto plus industry.
For media inquiries, delight contact:
Eddy Wang
PR Manager, LBank
Email: [email protected]
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