Article Summary, Automatically Generated By AI
Summary of LEDGIS
Overview
- LEDGIS is a user-centered blockchain service that prevents IT platforms from monopolizing user data.
- It utilizes Self Sovereign Identity (SSI) and provides a token economy with rewards for user contributions.
Founders
- Founded by Martin Lee, CEO of IBCT (Institute of BlockChain Technology & Service).
- Martin Lee has over 10 years of experience as a chief researcher in a national IT technology research institute.
Uniqueness
- Provides a next-generation blockchain platform for data sovereignty.
- Utilizes SSI data management technology and
About LEDGIS: Empowering the Future of Blockchain Governance
Introducing LEDGIS (LED): A Revolutionary Cryptocurrency
LEDGIS is a pioneering, user-centric blockchain service that empowers Self-Sovereign Identity (SSI) by preventing the monopolization of user data by IT platforms. Through its sophisticated token economy, users are incentivized with rewards commensurate with their contributions to the ecosystem, while also enjoying seamless access to a diverse range of high-performance DApp services, boasting an impressive 3,000 TPS.
The Visionary Founders Behind LEDGIS
LEDGIS was founded by Martin Lee, who currently serves as CEO at IBCT (Institute of Blockchain Technology & Service). With over a decade of experience as a chief researcher at a national IT technology research institute, he leveraged his expertise to establish IBCT in 2018, paving the way for a blockchain-enabled society that can be experienced everywhere.
Unveiling the Unparalleled Advantages of LEDGIS
LEDGIS pioneers a next-generation blockchain platform, empowering individuals in the era of data sovereignty. By addressing the structural limitations of traditional platform-oriented businesses and the decentralization challenges inherent in blockchain solutions, our platform leverages Self-Sovereign Identity (SSI) data management technology, enabling individuals to reclaim control over their personal data. Our blockchain platform ensures data sovereignty and realizes SSI by providing decentralized storage and management services for sensitive information, utilizing DID (a recognized international standard) and IDH (Decentralized Data Encryption Storage/Sharing Solution), also an international standard. This innovative approach connects individuals at the center, rather than companies, and offers a seamless experience with low transaction fees and high-speed transactions.
What Is the Circulating Supply of LEDGIS (LED) Coins?
The total supply of LED tokens is capped at 1 billion. The token distribution is allocated as follows: Private Sale accounts for 57,000,000 LED (5.70%), Advisors and Partners receive 50,000,000 LED (5.00%), Founders and Team members are allocated 150,000,000 LED (15.00%), the ECO System is assigned 250,000,000 LED (25.00%), Marketing efforts are supported by 100,000,000 LED (10.00%), the Reserve holds 193,000,000 LED (19.30%), and Business Development is fueled by 200,000,000 LED (20.00%).
The LEDGIS Network’s Robust Security Framework: A Comprehensive Overview
LEDGIS employs a Delegated Proof-of-Stake (DPoS) consensus mechanism, a concept designed to mitigate the shortcomings inherent in both Proof-of-Work (PoW) and traditional Proof-of-Stake (PoS) systems. By freezing their cryptocurrency, LED owners can acquire LED Power, thereby empowering them to vote for “Super Representatives” who assume the role of block producers. In return for verifying transactions, these block producers receive LED rewards, which are subsequently distributed among the voters who supported their candidacy.
Acquiring LEDGIS (LED): A Comprehensive Guide to Purchasing Options
LED is proudly listed on a multitude of esteemed cryptocurrency exchanges, including Bitmart, MEXC, and GOPAX, where it can be seamlessly traded against a diverse range of fiat currencies, stablecoins, and other prominent cryptocurrencies.