Life Token (LTN) describes itself as the world's first charity-centered token that seeks to aid suicide prevention charities globally to raise funds and help them save lives. Mental health care has become a big concern due to the constant increase in suicide rates worldwide. The primary objective of the Life Token ecosystem is to decrease suicide rates worldwide and support mental health care with the help of donations.

In addition, the high cost of healthcare in various countries is unaffordable for some people undergoing serious mental health problems. Thus, the Life Token ecosystem has been built to solve mental health problems and seeks to ensure affordable healthcare with the help of blockchain technology, decentralized finance (DeFi), and NFTs. Life Token aims to make mental health care completely decentralized without imposing any charges. This implies no personal data of any patient will be stored in the government database. The platform seeks to provide everyone an equal chance to improve their mental health just by using the platform. The adoption of blockchain technology also aims to offer some essential benefits to the users like transparency, international donations, reduced taxes, costs, and much more.

As per the whitepaper, the native cryptocurrency of the Life Token is 'LTN.' The LTN token is a deflationary non-fungible token (NFT) on the Binance Smart Chain (BSC). Deflationary tokens are created to reduce in supply over time, thereby increasing the value of the token. Every token holder gets BNB as a reward just by holding LTN in their wallets. These rewards are sent automatically in the users’ wallets, enhancing the holders’ experiences of being true supporters of the project.

The first version of Life Token (LTN) was launched in May 2021. Further, the token was relaunched as a BNB distribution token in the market with LTNv2 in Q4 of 2021. Life Token (LTN) is created by four cofounders which include Dara (CEO), Jack (CFO), Tommy (COO), and Paco (CMO).