Litentry is a decentralized cross-chain Identity Aggregator that enables connecting user identities across multiple networks.
What is Litentry (LIT) Coin?
Litentry aims to provide liquidity, interoperability and consistency to data querying. The protocol is intended to be widely adopted in DeFi, on-chain governance and customized data services.
Litentry’s “My crypto profile (MCP)” addresses the problem of existing Web2 services neglecting ownership of user data. MCP provides a solution to this problem by recreating the order of use of user data on the web. The user controls which services can access, authenticate and authorize their data without revealing their original identity.
With its novelty, on-chain governance is characterized as highly complex and discouraging for many. The Litentry mobile app aims to facilitate and therefore encourage on-chain governance-oriented actions for lower-layer-based networks with private identity statistics. Beyond governance, it is intended to help community members keep track of important events in the ecosystem.
On the other hand, Web3Go unlocks the value of intra- and cross-chain data. Individuals and institutions are empowered to create and run data analytics tailored for specific business needs. Web3Go is designed to query, extract and visualize large amounts of data from the blockchain.
Drop3 is a Community Engagement tool that aims to create an ecosystem where users perform tasks funded by web3 projects. For users, this means account and skill verification and on-chain reputation building.
Projects can reward their user base filtered against malicious accounts to be discovered, activate their economy and create opportunities for higher levels of engagement leading to education and adoption.
Where to Buy LIT Coin?
LIT Coin can be safely traded on Binance, the world’s largest cryptocurrency exchange by trading volume. LIT Coin is traded on the Binance platform in the LIT/BTC, LIT/USDT, LIT/ETH and LIT/BUSD pairs.
To buy LIT, you must first become a member of the Binance exchange. Upon completion of the membership, cryptocurrency or fiat currency must be transferred to the Binance account wallet. After the transfer is complete, you can buy LIT Coin in all three of the above-mentioned pairs. To buy from the LIT/USDT trading pair, you must first go to the interface of this pair. In the LIT/USDT interface, enter the amount to be purchased in the field indicated in the limit tab. After specifying the amount, the purchase is executed with the Buy LIT order.
