Lagrano Announces GRAN Token Sale
Manessestrasse, Zurich, Swaziland, 16th Jun 2023 – Lagrano is set to launch its GRAN Token Sale, with well-thought-out tokenomics based on international research studies and forecasts for the European eCommerce market between 2023 and 2027. The token price is supported by clear figures and calculations.
Lagrano’s issuance of 10 million GRAN Tokens, will take place with the provided support of BitBond GmbH audited by Certik. The token distribution is structured with the buyer in mind, with 70% being offered during the sale, and 20% being allocated for a liquidity reserve in the event of unexpected contingencies. The remaining 10% of tokens are reserved for Lagrano team.
The scheme offers several benefits to buyers. Buyers have the leverage to control the price of the GRAN Token once it has been listed on exchanges, as a percentage of the token’s supply goes public. This means that Lagrano has no way to collapse the GRAN price, and token holders will be free to trade them as they please. The Early Birds presale will begin on June 19th, 2023, with two million tokens at a discounted price of 1000 GRAN per 1 BNB. This represents a discount of 37.5% compared to the main token sale.
If buyers miss out on the presale, Lagrano will hold a main sale at a price of 625 GRAN for 1 BNB, with five million tokens available.
”Our decision to allocate 70% of our tokens was a deliberate one. We believe in our project, and we want to ensure that our investors feel the same level of trust and confidence that we have in our token. We understand that many projects use TGE locks, vesting periods, cliffs, and vesting cycles to mitigate risks and ensure long-term sustainability. However, we feel that this approach may not always be in the best interest of our investors. By leaving the control to our investors, we aim to provide a sense of safety and security that will allow them to invest in GRAN with peace of mind. We understand that this is a bold move, but we believe that it’s the right one, and we will continue to uphold our principles of transparency and trust throughout the GRAN Token Sale.” said Lagrano CEO Gregory Stone.
Lagrano is targeting the utilization of their AI Suite in large European marketplaces, with a fee in GRAN tokens being paid for every transaction involving AI Suite. In this scenario, marketplaces are likely to visit the exchange to purchase GRAN tokens, which are expected to have a different price than the original GRAN token price during the pre-sale.
It is rumored that Lagrano has secured preliminary agreements with several European market players to test out the capabilities of their AI Suite. We will continue to monitor this project’s progress.
Contact Person: Gregory Stone
Email: [email protected]
Address: Manessestrasse 87, 8045 Zürich
Address 2: Switzerland
Release Id: 1606234169
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Money Faction journalist was involved in the writing and production of this article.