Loopring Foundation is a non-profit organization. the Foundation's primary
objective is to promote the real world application of the decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future.
Loopring intermediates trust between blockchains and exchanges, allowing trading members to retain custody of their funds. For ERC20 tokens initially, and eventually across all blockchains.
Token Allocation and Distribution
The supply of LRC is limited to the number of 1.395 billion in total (including those available for sale during the Token Sale) and will be generated upon the launch (“Token Launch”).
Total Supply: 1.395 bilion
ICO Supply: 697 million
ICO Price: 0.3 CNY