I. Brief Introduction
PlatON, initiated and driven by the LatticeX Foundation, is a next-generation Internet infrastructure protocol based on the fundamental properties of blockchain and supported by the privacy-preserving computation network, with “computing interoperability” as its core feature. By building a computing system assembled by Verifiable Computing, Secure Multi-Party Computing, Zero-Knowledge Proof, Homomorphic Encryption, and other cryptographic algorithms and blockchain technology, PlatON provides a public infrastructure in open-source architecture for global artificial intelligence, distributed application developers, data providers, and various organizations, communities, and individuals with computing needs.
II. Token Information – LAT
1. Private Placement
The price of LAT's private placement is $0.12.
2. Token Distribution
The abbreviation of PlatON crypto token is LAT. The amount of initial issuance is 10 billion, with an annual issuance of 2.5%. The distribution of LAT follows:
Chart 1: Initial Distribution Ratio
3. Release Mode
LAT employs a linear release mode. The token sources include the released tokens from the private placement, community incentives, and tokens distributed to branding and marketing costs. The precise release follows:
Chart 2: LAT Release within 24 Months
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.
Find us on
Huobi Global reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.