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About Light

LIGHTNING (LIGHT) is a decentralized venture capital system on a blockchain. Here financiers and developers can yield value by nurturing trustworthy and innovative projects by the platform. The aim of the platform itself is to provide exceptional value through blockchain development by creating a thriving ecosystem. 

LIGHTNING, being one of the first blockchain incubators and launchpad, seeks to reward users by providing exclusive access to safe and innovative projects and also for their funding across multiple blockchains. The developers aim to benefit from the platform by having exclusive partnerships with leading blockchain companies, which seeks to provide them with improved exposure, better liquidity, and a devoted community to back them up.

As per the whitepaper, the Lightning ecosystem is comprised of two main products: Lightning protocol and Lightning incubator. The Lightning protocol or $LIGHT is the token that powers the Lightning ecosystem. $LIGHT is a deflationary supply elasticity protocol having a maximum supply of a finite number of tokens. Deflationary means that the quantity of tokens has an upper limit which prevents the production of new tokens, and removing currency from the supply can increase the value of the tokens.

The Lightning incubator, built on Binance Smart Chain, has an integrated initial DEX offering (IDO) launchpad. The incubator aims to decentralize venture capital by supporting the creators of new IDOs while trying to maximize the value of financiers. The incubated projects and financiers seek to gain their profits from the ecosystem’s services and benefits. The users seek to get their income from rebases and airdrops. All the new IDOs airdrop 1% of their supply to the $LIGHT token holders. The incubated projects, on the other hand, benefit from streamlined launch processes along with funding and liquidity support. The platform also aims to provide expert insight, guidance, and services.

The platform has partnered with many big names like Certik, BSC news, Maven capital, and more.

As the platform aims to cultivate projects of great quality and innovation, a panel of judges chooses projects according to the idea quality, roadmap, tokenomics, and prior experience of teammates before approving the projects.

$LIGHT has a maximum total supply of 100,000,000 token.

Market

Australia Market Stats

Market cap

A$2.5M

Volume (24h)

A$983.00

Circulating supply

64.3M LIGHT

All time high

A$0.0649

Price change (1h)

0%

Price change (24h)

-8.93%

Price change (7d)

-14.41%

Australia News about Light

Bitcoin Magazine • May 01, 24

Bitwise First To Join New Spot Bitcoin ETF Transparency Dashboard By Hoseki

Hoseki invites other Bitcoin ETF issuers to join Bitwise in providing transparency to the public.

Read more

News Article Image

Blockworks • May 01, 24

Anchorage, Arca Labs link up in bid to advance tokenization adoption

The tokenization of real-world assets is set to continue as a “defining trend” for institutional crypto in 2024, Anchorage Digital CEO says

Read more

News Article Image

CoinDesk • May 01, 24

Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions

Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.

Read more

News Article Image

The Block • May 01, 24

Tether sees record net profit of over $4.5 billion in first quarter of 2024

Besides record profit, Tether highlighted its large Treasury bill holdings, disclosed a $11.37 billion net equity, and detailed investments in sectors like AI and renewable energy.

Read more

News Article Image

DL News • May 01, 24

Forget USDT — Tether just reaped $4.5bn profit largely from its vast US Treasuries portfolio

Tether's record quarter is a bolt of good news for a market mired in uncertainty.

Read more

News Article Image

BeInCrypto • May 01, 24

Azuki NFT Sales Surge to Record Highs While Crypto Market Falls

Azuki NFT collection soared, reaching $1.13 million in sales on Tuesday, leading amidst a broader cryptocurrency market downturn, showcasing a strong, enduring interest in high-value NFTs.The post Azuki NFT Sales Surge to Record Highs While Crypto Market Falls appeared first on BeInCrypto.

Read more

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Light is on the decline this week.

The current price is A$0.0393 per LIGHT with a 24-hour trading volume of A$983.00. Currently, Light is valued at 39.40% below its all time high of A$0.0649. This all-time high was the highest price paid for Light since its launch.

The current circulating supply of Light is 64,269,692 LIGHT which means that Light has as total market cap of 64,269,692.

FAQ

What is the current price of Light?

We update our Light to AUD currency in real-time. Get the live price of Light on Coinbase.

What is the market cap of Light?

The current market cap of Light is A$2.53M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Light?

The all-time high of Light is A$0.0649. This all-time high is highest price paid for Light since it was launched.

What is the 24 hour trading volume of Light?

Over the last 24 hours, the trading volume of Light is A$983.00.

What other assets are similar to Light?

Assets that have a similar market cap to Light include BiFi, Rebel Bots, Auto, and many others. To see a full list, see our comparable market cap assets.

How many Light are there?

The current circulating supply of Light is 64 million.

Can I buy Light on Coinbase?

Yes, Light is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Light guide.