Initial Coin Offering (ICO)

Initial Coin Offering (ICO)

The ICO for the LYO Credit token occurred in 2021. In its July 2021 ICO phase, the token was initially sold out at the price of $0.60. The total supply of LYO Credit is 250 million tokens. During the ICO, 30 million LYO tokens were distributed from a total of 250 million LYO. In the final phase, 7.5 million tokens were up for purchase.

ICO Bonus Phases

  • Soft Cap: 10,500,000 LYO
  • Hard Cap: 30,000,000 LYO
Round
Token
Token Price
Token Price $*
Bonus
Period
Pre-ICO
2,500,000
€0.50
$0.60
100%
7 - 31 July 2021 COMPLETED 100%
Phase 1
5,000,000
€0.55
$0.66
80%
1 - 31 August 2021 COMPLETED 58%
Phase 2
5,000,000
€0.60
$0.72
65%
1 - 30 September 2021 COMPLETED 32%
Phase 3
5,000,000
€0.65
$0.78
53%
1 - 31 October 2021 COMPLETED 50%
Phase 4
5,000,000
€0.70
$0.84
42%
1 - 30 November 2021 COMPLETED 81%
Phase 5
7,500,000
€0.75
$0.90
33%
1 - 31 December 2021 COMPLETED 78%

Token Linear Distribution

After the conclusion of the ICO, distribution of tokens is linear. From the first exchange on the day of launch, the token system releases a specific number of units daily for 600 days.
Token price once listed on the first exchange: €1/$1.20.
The following formula was used: 0.16% × purchased value × the day's token value = the day’s number of tokens released into the wallet.
After 600 days of first exchange listing, the remaining value will be released in full.
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Outline
Initial Coin Offering (ICO)
ICO Bonus Phases
Token Linear Distribution