LGCY Network Price (LGXY)

What Is LGCY Network(LGXY)?

LGCY Network is a Layer 1, proof-of-stake, decentralized network.

It is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Running on the Libertas Protocol, LGCY Network is able to be the most decentralized dApp blockchain in the world. Supernova Mainnet handles 10,000 transactions per second at an average cost of 0,01$ per transaction.

What Are the Features of LGCY Network(LGXY)?

• LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Running on the Libertas Protocol, the network aims to be the most decentralized dApp blockchain in the world.
• Bringing true decentralization with DPoS by implementing the Libertas Protocol to the Governing Bodies (GBs) system of governance. By splitting up the 27 GBs into three branches, limiting the power of each, and introducing terms to the governance system, no single large token holder will be able to gain an unbalanced amount of power.

Who Are the Founders of LGCY Network(LGXY)?

LGCY Network was founded in August 2020, with the intent of delivering the promise of a truly decentralized blockchain.

• Justin Wai'au, CO-FOUNDER, PROJECT MANAGER, Project Manager, experienced Blockchain Entrepreneur, and Business Leader with extensive project management experience.
• Wes Wade, CO-FOUNDER, TEAM LEADER, 10 Years of Leadership and Project Management experience across diverse sectors. Author of the LGCY Network whitepaper. 
• Vinod Kumar, LEAD DEVELOPER, CEO, and Founder of TsCHybrid one of the Super Representatives (SR) within the Tron Network leading an expert team of blockchain technical experts.

What Is LGCY Network(LGXY) Token?

• LGCY Network started off as an ERC20 token to be readily available. On Supernova Mainnet launch, LGCY will move towards its own blockchain: LRC20. A bridge towards Ethereum will remain open for multi-chain purposes. The same accounts for USDL.
• LGCY Network has a total supply of 100,000,000,000 tokens ($LGXY). They will begin with a 33,333,333,333 (33.3%) token release split up between Private sale series. A Private sale series B team, and exchange liquidity 20,000,000,000 of that number will go to the private sales A and B at a value of $5,000,000. 10,000,000,000 will go to the private sale series A at $0.0002. 10,000,000,000 will go to the private sale series B at $0.0003, and will then launch liquidity on Uniswap. The remaining 13,333,333,333 will be held back from the release for the exchange(5,000,000,000),team(5,000,000,000) and a Developer Fund(3.333,333.333, explained in the next section). Nothing will change for the circulating supply during the first year At the second-year mark, they will begin with quarterly token releases.
• Each year will unlock 16,666,666,666(16.66%) split up over four quarters (4,166,666,666 a quarter). Of that 16,666,666,666 each year, 1,666,666,666(10%,416,666,666 a quarter) will go to the Developer fund. This will create less sell pressure from token releases and a healthier dApp ecosystem.
• At the end of the second year after 4 token releases, the team will be down to 50% voting control of the network. This trend will continue until the end of 3 years where we will burn the remaining 33,333,333,334 tokens. This final burn will be a good faith symbol of the LGCY team handing over the project to the community, allowing the network to be fully decentralized and increasing the value of each remaining token for every investor.

Where Can I Buy LGCY Network(LGXY) Token?

Investing in LGCY Network(LGXY) Token can seem complicated, but it is much easier when you buy LGCY Network(LGXY) Token through a cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold LGCY Network(LGXY) Token — both for fiat money and other cryptocurrencies. Some of the most popular LGCY Network(LGXY) Token cryptocurrency exchanges are:

• gate.io
• Uniswap （V2） 
• Bitrue
• Bilaxy
• Hotbit
• Dexzbitz

LGCY Network (LGXY) Community

• Twitter: https://twitter.com/LGCYNetwork
• Medium: https://lgcynetwork.medium.com/
• Telegram: https://t.me/LGCYNetwork

What is LGCY Network (LGXY) Contracts address?

• Ethereum: 0xae697f994fc5ebc000f8e22ebffee04612f98a0d