When Bitcoin was launched with its Proof-of-Work (PoW) consensus mechanism, it was a revolutionary moment in online finance and in the global economic environment as well. When PoW was upgraded into Proof-of-Stake (PoS) by certain tokens such as Ethereum due to climate concerns, it was welcomed by the entire crypto community. Now, the consensus goes a level up by introducing the Proof-of-Intelligence (PoI).
Lightchain AI, a decentralized web3 platform, unlocks new technological possibilities with its PoI mechanism. This has attracted various individual traders and institutional investors to its token $LCAI. This article will check whether it is the right time to grab some Lightchain AI (LCAI) for your portfolio. We will delve into its foundations to analyze the potential long-term value. Also, we will provide a purchasing guide for L$CAI tokens.
Why Is Lightchain AI An Important Crypto?
The platform has raised around 7.4 million dollars within 30 days of its presale launch. This incredible achievement is primarily due to its foundational values and marketing tactics. Its validation consensus where the nodes perform AI computations to earn rewards makes the system energy-effective and cost-effective.
The participating nodes will receive AI-based tasks such as computations, model training, and optimization activities. These nodes with varying levels of computational power execute the tasks according to their capability to generate cryptographic proofs. These proofs are designed to verify the correctness without exposing the sensitive data.
The PoI consensus, along with the interest of institutional investors in AI-driven tokens, may increase the market cap of LCAI to impressive levels. According to certain crypto price prediction experts, the altcoin bull run has already begun, and we can expect the listing of LCAI around the peak of the surge.
Is It Too Late To Purchase Lightchain AI?
Around 40% of the total supply is allocated for the presale alone. That means, to get into the coins early, it is important to purchase LCAI in the presale itself. However, the presale is organized through various levels and we are in the tenth level now. Each new level will see an increase in its price, and if you are late, you will miss the opportunity to buy LCAI at low prices.
The tenth stage price is $0.0045 and it will increase to $0.004875 in the next stage. At present the project has raised around 7,425,497 dollars. The mainnet will become live in March 2024 along with the listing. Technically it is not too late to purchase $LCAI as it is expected to generate profit in the long term. Let’s check its tokenomics and use cases to understand why it is a good coin for hodling.
LCAI Tokenomics & Use Cases
| Presale | 40% |
| Staking & Rewards | 28.5% |
| Liquidity & Exchange Listings | 15% |
| Treasury & Reserve | 6.5% |
| Marketing & KOL | 5% |
| Team | 5% |
LCAI, the native token of the Lightchain network, is mainly used as a payment and governance coin. Users can HODL it to get access to voting and other important premium activities of the ecosystem. They can also stake LCAI to earn passive rewards. As a deflationary token, the supply will be reduced over time through burning, increasing demand in the long run.
How To Buy Lightchain AI? Step-By-Step Guide
As a token in its presale, you can only buy LCAI through its official website. Before purchasing, be ready with a wallet funded in ETH (Ethereum) or USDT. Let’s get into a step-by-step purchasing guide.
- Visit the official website of Lightchain AI and access the presale widget.
- Choose ETH or USDT and enter your desired amount.
- Click “Connect Wallet” and connect with the preferred crypto wallet or wallet of your choice.
- Tap “Buy” and approve the transaction request. Access your wallet to see the LCAI tokens.
Final Thoughts: Is Lightchain AI A Genuine Platform?
Lightchain AI seems like a legit platform and the coin is expected to raise its value after a long shelf life. If LCAI gets investors as expected, we can see it reaching $1 in 2025. However, it is important to verify the genuineness of the platform on your own before purchasing its tokens.
Go through Lightchain AI’s whitepaper and docs to learn more about the platform. Check the opinions of prominent crypto trading experts and other signalers. Also, engage with its community to verify its trustworthiness. Always DYOR!
