Litenett project is a very large media resource with its own payment system and consumers united in a social network. Litenett monetization model covers such areas as Music, Radio, Podcasts, Cinema, Video, and offers a platform for people's diverse communication with the ability to create personal pages, groups, videos and microblogs.
Litenettoken (LNT) - is a utility-token of Litenett ecosystem. This is an open source cryptographic token implemented on the Ethereum blockchain platform. It is the main accounting unit within the Litenett platform.
Litenett ICO began on May 14th, 2018. The ICO token supply represents 50% of the total token supply, so there is a total of 100,000,000 tokens available, for 0.25 USD each. The ICO funding target is 1,500,000 USD, the funding cap is 30,000,000 USD and is expected to end on February 28th, 2019 or when the funding cap is reached. Any unsold/remaining tokens will be frozen.
Token Reserve Split (50%):