Article Summary, Automatically Generated By AI
Here is a summary of the text in HTML format:
Summary
Lux King Tech Token (LKT)
- Build on TRC20 platform
- Can be used for trading on Coinsbit exchange, buying NFT animals and items in King of Animals Game, and other apps
Tokenomics
- Total Supply: 80,000,000 LKT
- Burn token: 60,000,000 LKT
- Circulating Supply: 20,000,000 LKT
- Community: 9,000,000 LKT (11%)
- Marketing: 6,500,000
About Lux King Tech
At the forefront of innovation, Lux King Tech is a pioneering force in the realm of cryptocurrency and blockchain technology, dedicated to empowering individuals and institutions alike to harness the vast potential of the digital asset landscape.
Introducing LuxKingTech (LKT): A Revolutionary Token
The Lux King Tech token (LKT), built on the TRC20 platform, offers a multitude of uses, including: trading on the esteemed Coinsbit exchange (
https://coinsbit.io/trade/LKT_USDT
), purchasing NFT animals within the immersive King of Animals Game (
https://kinganimals.com/
), acquiring NFT items in the King of Animals Game marketplace (
https://kinganimals.com/marketplace
), and utilizing other forthcoming applications from our team, such as shopping and travel apps.
The Circulating Supply of LKT Coins: A Closer Look
LKT token was launched in January 2022 with an initial supply of 80 million tokens. The tokenomics are as follows:
Total Supply: 80,000,000 LKT
Burn token: 60,000,000 LKT
Circulating Supply: 20,000,000 LKT
Community allocation: 9,000,000 LKT (11%)
Marketing allocation: 6,500,000 LKT (8%)
Founders’ allocation: 2,500,000 LKT (3%)
Team developer allocation: 1,000,000 LKT (1%)
Charity fund allocation: 1,000,000 LKT (1%)
LKT tokens are subject to an in-game burn mechanism, whereby they are systematically eliminated from circulation. For example, LKT tokens are burned with each animal NFT/ITEMS transaction. Currently, the circulating supply stands at 48,307,638 tokens, with ongoing burning in accordance with the tokenomics plan.
The Visionaries Behind LKT Token: Meet the Founders
LKT tokens are founded and managed by LuxKingTech Company, headquartered in Singapore.
Address: 20 Cecil Street, Singapore, Singapore, 049705. The development team,
Tatu Studio, boasts over 2 years of experience in the mobile game industry, having successfully outsourced more than 10 games for the world’s top publishers. The core members of Tatu Studio comprise DuongNA, Thai Nguyen, Le Tung, and Vo Anh.
Acquiring LKT Tokens: A Comprehensive Guide
Explore the LKT/USDT trading pair on
Coinsbit
.