What is
Lantern Finance?

Lantern ecosystem is a binance chain deployed platform that aims to revolutionize various sectors that will be highlighted in its platform to help create appropriate solutions to such aforementioned platforms with the use of blockchain technology and the deployment of its native government token known as LTN. Lantern seeks to redefine the real estate sector, transportation sector and create a whole new experience for the student sector with the introduction of its decentralized social chatApp.

Lantern will be a complete decentralized platform that aims to tap into the immense solution that comes with blockchain and the technologies behind it to create and solve certain problems in various field which includes but not limited to (The real Estate sector, Transportation Sector)

 

The team behind the project is currently working on a decentralized chat app that will connect students across all campuses to tap into a database of educational materials, products and services with payment being carried out through the use of its platform Token.

It will also provide services such as flight booking and payment of cab fees across the state and other utilities all implemented in a single easy to use app/dapp with payment gateway.

Ever since blockchain technology was created by the evasive entity or group of people known or referred to as “Satoshi Nakamoto” in 2008 which has given birth to the introduction of Bitcoin now regarded as the mother of all digital currency, Individuals and/or company (projects) have set about upgrading or making use of the technology to further advance the human course.

Several blockchain projects have been created which include the ETHEREUM blockchain and many projects have been deployed on such blockchain while some projects choose to build on their own blockchain. Aside the Etheruem blockchain, other blockchain are being built to solve the excessive transaction fees faced by the ethereum chain, theses chain includes the binance exchanged backed Binance chain, Solana, Cardano, Avax, HTR, okexchain, Huobi chain, polka dot and many more.

 

What is blockchain?

A blockchain is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.

 

What is Erc 20 compatible token

An ERC20 token is a blockchain-based asset with similar functionality to bitcoin, ether, and bitcoin cash: it can hold value and be sent and received. The major difference between ERC20 tokens and other cryptocurrencies is that ERC20 tokens are created and hosted on the Ethereum blockchain

 

Other projects are making a fork of the erc20 compatible token with the most notable ones being the BEP20, KIP20 and others. The advantages of the latter mentioned protocol is the extremely low transaction fees(gas) used in sending from one wallet to another or as a means of payment when making use of defi and other services accordingly.

 

Learn more:

Lantern literally means a form of device that can generate lights which points vividly towards the concept/direction the project is set to embark upon. Lantern is a completely robust ecosystem created towards providing a set of tools, products and services that aims to solve certain problems across several fields, creating various utilities accordingly.

Project Lantern Protocol will tap into the use of blockchain technology to create an ecosystem where users can have access to this product and services in a truly decentralized environment where lack of trust will be eliminated as this service will be fully on-chain and cannot be tampered with. Lantern’s initial focus will be to tokenize several sectors which includes real estate, transportation as a whole, students lifestyles with future projection into other fields planned in the roadmap.

REAL ESTATE: Lantern will tap into the multi billion naira real estate sector, eliminating middle men by bringing the buyers and sellers together and making payment easier without bank restrictions/limitations or the need to move large sums of money as payment will be done through digital currency also known as cryptocurrency. Properties listed on the platform will be completely scrutinized and synchronized on-chain with payment and documents also undergoing the same procedures which will guarantee a complete transfer of ownership that cannot be reversed or tampered with due to the immutable nature of blockchain technology.

TRANSPORTATION SECTOR: Lantern will provide a completely revolutionary transportation ecosystem that cuts across all means of transportation and helps to create an easy means of movement from one place to another (inter/intra state). Users will be able to make payment/ book flights, access all other products and services on the platform with payment being made via the (LTN)  token which will be used to power the whole Lantern ecosystem.

A decentralized chatApp:  As the population of students in the country continues to grow, the need to provide the basic needs of students with easy access to materials, books and creating a friendly learning environment becomes paramount to bring out the best in the students’ way of life.

With this background knowledge, lantern will tap into its wealth of resources and create a lasting solution which can only be made possible through decentralization of information and other services. First will be the creation of a student chat app which aims to unite all students across all campus, provide easy access to information, products and service across all institutions without any barriers

 

Students will be able to have access to a wide range of products and services which includes Books, materials, project topics, communicative forum, exchange of ideas, student loans and a charity platform that aims to assist students in terms of emergency or medical issues. 

ys that includes cryptocurrency and fiats.

 

We are fixing problems in several sectors

See some specific problems that Lantern aims to solve across the initial triple area of focus of the project which will be listed below accordingly. 

Real Estate Sector

Easy access to property listing
Elimination of middleman
Trust
Easy means of payment
Confidentiality of clients
A direct contact between buyers and sellers

Student Sector

Bridge the gap across all campuses, ,nEliminate barriers between campuses, Online Inter campus quiz, games and other educations activities Data and information sharing Student welfare and packages Charity and scholarship/educational sponsorship for student in needs of such Access to educational materials A decentralized chatApp to bring the student together in a social and educational background

Transportation Sector

Booking of flights
Revolutionize the driving sector
Create a sustainable system for both drivers and passengers
Easy application to Tourism and Holiday trips
Procurement of visas passport and other necessary documents
Cryptocurrency payment gateway system

Decentralized ChatApp

As the population of students in the country continues to grow, the need to provide the basic needs of students with easy access to materials, books and creating a friendly learning environment becomes paramount to bring out the best in the students' way of life.

Tokenomics and Allocation

The token will be a standard bep20 token and will be listed on both decentralized and centralized exchange while also being used across all parameters of the project ecosystem.

Tokenomics

  • Token name: LANTERN

  • Blockchain: Binance Smart Chain

  • Symbol: LTN

  • Total suply: 100,000,000

  • Decimal: 9

Token Allocation

  • Presale: 50 million LTN = 50%

  • Product and Marketing: 5 million LTN = 5%

  • Partnership & Ecosystem: 5 million LTN = 5%

  • Airdrop & Bounty: 5 million LTN = 5%

  • Rewards: 1 million LTN = 1%

  • Locked: 13 million LTN = 13%

  • Charity: 1 million LTN = 1%

Roadmap

Phase 1

Lantern.com launch.,
Marketing/advert begin
Lantern token ICO on sale.
Lantern airdrop
Marketing and promotion

Phase 2

End of ICO (Token sale)
End of airdrop
Airdrop distribution begin
Launching of Lantern DEX
Providing/Adding liquidity
Listing on LanternSwap, pancakeswap, juldswap
Listing on CMC and coingecko
CEX listings on tier 2 exchanges such as Hotbit, Kucoin, GateExchange and mexc.
Updated roadmaps

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