It has been an exciting year for crypto assets, as a few hundred tokens are launched every month. LUTO CASH has started its quest to bring decentralized gaming to the blockchain community in between a new blockchain startup.
Created by Luto Cash Technologies, LUTO Token boasted a unique vision: revolutionizing esports via decentralization and its chosen Binance Smart chain to mint its BEP20 token as gas fee became a concern for the blockchain community.
Immediate Backing & Support from Tokenoy
Considering the token’s potential, Tokenoy, a token sale management company, backed the startup while assisting the team with contract auditing, token distribution, management, marketing, community management, and press campaign.
The backing of the Tokenoy team is quite helpful to build trust among the community as it supports only legitimate projects which match its selection criteria. After contract creation, a comprehensive development roadmap was laid out.
What’s The LUTO Token?
LUTO token is created BEP-20 token standard that is built on the Binance Smart Chain (BSC). The token was created for people across different ages groups who love gambling and play games online. According to the LUTO team, it is designed to simplify the complex processes within the blockchain system.
Therefore, the token is created to make the LUTO blockchain-based system use token with LUTO platforms. There are only 1 billion fixed LUTO tokens. 10% of the tokens are for private sale, 40% goes for presale, 40% for public sale, 10% is reserved for CEX listing. There is no DEV wallet.
According to the LUTO website, there isn’t any transaction fee associated with asset transfers, which will increase the transaction speed.
Private Sale, Pre Sale & LUTO Platform Launch
LUTO team will officially open the presale LUTO token round as follows:
- The official presale date is to be announced soon.
- The total amount of LUTO tokens: 100,000,000
- 40,000,000 LUTO Token for Presale Round
- 40,000,000 LUTO Token for DEX PancakeSwap
- 10,000,000 LUTO Token is reserved for Exchange Listing
- 10,000,000 LUTO Token for Private Sale/Partners
- SoftCap: 150 BNB
- HardCap: 300 BNB
- LUTO price: 100,000 / 1 BNB
- The private Sale round is OPEN.
- Policy: first come, first served.
- You can purchase LUTO tokens on DxSale,
For more information, you can follow the project on social media: Website, Telegram & Twitter.
