Cryptocurrency has come a long way since its inception in 2009 by Satoshi Nakamoto. It has evolved from its original purpose of just being a tool for peer to peer transactions to utility currency. This has played a pivotal role in its global adoption. But when we consider the figures and statistics, we come to the realization that the concept and ideology of cryptocurrencies as digital cash has not been fully adopted by the mainstream populace. This is due to certain factors as problem of use cases, security issues, poor UI/UX of various platforms, complex platforms etc.
LEAD aims to bridge all these barriers to better users’ experiences with cryptocurrencies and its widespread adoption. LEAD aims to position itself as an important value provider to the blockchain ecosystem and cryptocurrencies in general. Lead Wallet will ensure convenience and ease of use while performing cryptocurrency transactions. Lead Wallet will be a standard yet simple cryptocurrency wallet app to enable anyone perform cryptocurrency transactions (store, send, receive, spend, exchange) conveniently without going through the rigors of data submission.
Lead Wallet will be a simple multi-crypto wallet accessible to both Android and Apple users. It will have various service features to create the ultimate experience for them. Some of its interesting features are
highlighted below.
This enables users transfer cryptocurrencies from one wallet to another. The send and receive pages each have QR code scanning features to ease the process. Transaction IDs are contained in the transaction history to help users track their transactions.
This feature allows users to hold PoS (Proof of Stake) based coins and other related cryptocurrencies and stake them in exchange for staking rewards. Daily staking rewards are paid to users and distributed accordingly.
Lead provides multisignature service using secure technology. Multisignature wallets refer to one where two or more signatures are required to verify transactions as opposed to the single signature wallet where the user needs to sign only. The multisignature feature makes
transactions more secure. This will make Lead Wallet more secure for users
This will be an e-marketplace for accessing utility services. Users will be able to pay utility bills
conveniently using cryptocurrency from the Lead Wallet. Users will also be able to purchase data, gift cards and also book flights as well.
LeadEx is designed to integrate with multiple exchange APIs. This way rather than moving their currencies o certain exchanges to trade, they can easily access these exchanges via the APIs through their Lead Wallet. In the near future, Lead will have its own native cryptocurrency
exchange.
This feature will allow users to instantly swap their cryptocurrencies at a very reduced transaction fee.
The Lead Token is the native currency of the Lead ecosystem. It fuels the products and services offered on the platform. It is an ERC20 token minted on the ethereum blockchain with a total supply of one billion tokens.
The distribution model of the token is highlighted below :
PRIVATE AND PUBLIC SALE: 40%
STAKING REWARD: 28.5%
TEAM: 15%
PRODUCT DEVELOPMENT: 8%
MARKETING: 5.5%
ADVISORS/PARTNERS: 3%
The Lead token will soon be on sale in an IEO on ChainX.
It is very evident that LEAD has a whole lot to offer now and in the near future with respect to blockchain solutions and mainstream adoption with all its features. They will enable ease of usage and also mass adoption.
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