LandX, an agricultural finance protocol, has successfully concluded its private investment round, raising over $915,000 from private investors and bringing its total funding to over $5 million. This accomplishment reflects strong investor confidence in LandX's potential to integrate real-world assets into the blockchain.
The project is moving into its public phase, offering the LNDX governance token to a broader audience. This public round, starting December 4, will offer 3 million tokens at $0.50 USDC each. LandX's approach democratizes access to agricultural financial products through blockchain technology, marking it as the first to introduce agricultural commodity assets and tokenized farmland into the decentralized finance ecosystem.
At the core of LandX is the LNDX token, which plays a crucial role in fostering a sustainable agricultural finance ecosystem. Token holders can earn a share of platform fees and participate in governance decisions. Following the launch, there will be a limited distribution of LNDX, with varying lock-in periods for investors, contributing to the platform's growth in the decentralized finance sector.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
