League of Traders to Officially Launch LOT Token on the 20th... Airdrop Waitlist Opens

The global social trading platform 'League of Traders (League of Traders, LOT, https://leagueoftraders.io)' announced on the 16th that it will officially launch its digital asset (cryptocurrency), the LOT token, on June 20 via a Token Generation Event (TGE). With this token launch, League of Traders plans to build a user-driven economic structure within its platform and take another step toward decentralization.

League of Traders, which launched in Asia in 2021 as a leading digital asset social trading platform, has acquired over 150,000 cumulative users over the past four years. On the platform, users can take advantage of a variety of features such as leaderboard competitions based on their trading performance, portfolio sharing, copy trading, and aggregated management of multiple exchange accounts. In addition, the real-time ranking system allows users to track the strategies of top traders.

In particular, through exchange connectivity, League of Traders provides user trading data based on APIs not only from domestic cryptocurrency exchanges such as Upbit and Bithumb, but also from major global exchanges such as Binance, OKX, BitMEX, and Bybit.

This LOT token launch is significant in that it is designed not just as a utility token, but with an incentive structure to foster participation across the platform ecosystem. Users will be able to earn LOT tokens as rewards for various contribution activities, such as social staking and portfolio viewing (Pay-to-See), and these tokens will be used for platform governance, paying fees for top-ranked traders, and more.

In addition, this TGE will be held in conjunction with a major Key Opinion Leader (KOL) campaign. Over 100 global influencers are expected to participate in the social media (SNS) content campaign via platforms such as TikTok, X (formerly Twitter), and YouTube.

Meanwhile, League of Traders will use this token launch as a milestone to lay the foundation for a web3 transition and plans to present a vision that "trading becomes content and competition becomes collaboration, creating a new investment culture."

Li John-Ting, CEO of League of Traders, stated, "Our goal is to establish ourselves not just as an investment tool, but as a collaborative competition platform where skilled traders and their followers can coexist," adding, "The LOT token is the driving force to realize this ecosystem."

League of Traders is currently accepting waitlist applications for the airdrop on its website (https://leagueoftraders.io). By joining the waitlist, users can receive the earliest updates about the token launch, as well as secure a chance to participate in the airdrop after the launch.

The League of Traders application can be downloaded from the website download page (https://leagueoftraders.io/download) or from each app store (Android·iOS).