LET

LinkEye price

LET
|
3.3/5
CyberScope
3.3
05/22/2024
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USD
USD
$0.00087669
-5.19%
1h
24h
1W
1M
1Y
All

LinkEye price live data

The current price of LinkEye is $0.00087669. Since 00:00 UTC, LinkEye has decreased by -5.19%. It currently has a circulating supply of 624,044,958 LET and a maximum supply of 1,000,000,000 LET, giving it a fully diluted market cap of $550,407.65. At present, LinkEye holds the 313 position in market cap rankings. The LinkEye/USD price is updated in real-time.

LinkEye price performance in USD

Time periodChange amount%Chg
Today-$0.00005 -5.19%
7 days-$0.00112 -56.06%
30 days-$0.00111 -55.77%
3 months-$0.00064 -42.18%

LinkEye market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.00085970
Last price $0.00087669
24h high$0.0011996
Heat index ranking
70
Market cap ranking
313
Market cap
$550,407.65
Favorited rate
Percentage of users who favorited this asset to all users
0.58%
All-time high
$0.045000
-98.06% (-$0.04412)
Feb 22, 2021 (3 years ago)
All-time low
$0.00056000
+56.55% ($0.00031669)
Dec 24, 2022 (2 years ago)
ICO date
09/04/2017
ICO price
The price at which this crypto was first traded
$0.068000
Circulating supply
The amount of this crypto that is publicly available in the market
624,044,958 LET
Market cap at circulating supply
Market cap = Circulating supply × Last price
$882,000.00

About LinkEye (LET)

LinkEye (LET) operates as a digital asset financial service platform built on a credit-based model. Its core mission is to address societal credit challenges, delivering secure and user-friendly financial services worldwide. LinkEye aims to achieve a holistic credit assessment by seamlessly connecting diverse sources of credit information. 

What is LinkEye?

LinkEye constitutes a consortium blockchain platform established on the Hyperledger Fabric framework. Its paramount objective is to forge a global credit alliance, harnessing the potency of blockchain technology and the credit-economy model. This model empowers LinkEye to facilitate the formation of a shared roster of untrusted profiles within the credit alliance, seamlessly integrating scattered credit data sources, culminating in a resilient and dependable credit repository. The application of LinkEye technology contributes to fortifying the current credit system, fostering impartiality in credit accessibility for all individuals.

LinkEye is unwavering in its commitment to erecting the pioneering blockchain-grounded Credit Alliance, which boasts access to all credit reports originating on the platform. With the utmost emphasis on data security and deterring fraudulent activities, every alliance member is meticulously vetted and appointed by LinkEye.

The LinkEye team

Our team at LinkEye is a dynamic ensemble of professionals, each contributing their distinct expertise to the project. Among our accomplished members are Bùi Anh Hoàng, an adept crypto marketer and enthusiast; Eberendu Ikechukwu, a seasoned project manager; Fahidul Islam, a digital marketing authority hailing from the UK, and Karthikeyan Karuppasamy and Sharmila Karthikeyan, the co-founders of Ken Knack Corporation, a blockchain service company founded in 2015.

How does LinkEye work?

LinkEye harnesses the capabilities of blockchain technology, integrating eight core mechanisms to ensure the efficiency and robustness of the alliance. It commences with the Blacklist Mechanism, which exposes fraudulent activities by publishing a roster of untrusted individuals maintained by alliance members. The Membership Mechanism further fortifies the platform's data integrity and efficacy, employing stringent vetting protocols for selecting and reviewing alliance members. By bolstering the credibility of members, the potential for exploitation is minimized.

The Credit Mechanism is another pivotal facet, regulating the credibility of alliance members. Each member starts with an initial credit score of 100, deducting 5 points upon any dishonest behavior. It is worth noting these scores are openly visible within the alliance. The Arbitration Mechanism serves as a practical tool, permitting alliance members to challenge data published by others, thereby reinforcing data credibility.

Incorporating the Information Sharing Mechanism ensures that pertinent information remains accessible solely to intended recipients. Each member possesses a unique user ID, which must match within this mechanism for credit data access. To circumvent data exchange disruptions due to LET price fluctuations, LinkEye executes the smart real-time Pricing Mechanism, allowing members to publish credit data slightly below market value.

Data security is fortified through dedicated firewalls that safeguard against data crawling. To prevent irregular queries, alarm triggers are set based on application conditions, championed by the Data Security Firewall Mechanism. Finally, the Open API Mechanism extends an external query interface to external parties, enhancing the platform's accessibility and reach.

LET tokenomics

LET has a maximum supply of 1,000,000,000 tokens. 624,044,958 LET tokens are currently in circulation. As of date, there are 69,951 LET holders. 

LET use cases

LET was designed to facilitate transactions and trading for products and services. As the utility token fueling LinkEye's quest for credit-based fairness, it plays a pivotal role in constructing a robust credit system for society. Furthermore, LET empowers LinkEye users to access the network's public blacklist. This is achieved by submitting full IDs for specific queries and obtaining detailed reports through LET exchanges.

Harnessing the capabilities of LinkEye's blockchain technology, these use cases converge toward establishing an all-encompassing and trustworthy credit system.

Distribution of LET

The allocation of LET tokens is structured as follows:

  • Forty percent was offered through the initial coin offering (ICO) for public sale. 
  • Thirty percent was designated for early-stage project supporters and investors. 
  • Twenty percent was allocated to the LinkEye Foundation, fostering project growth and ecosystem expansion.
  • 10% was reserved for the LinkEye team's participation.

What is the future of Linkeye?

The future of LinkEye appears to be promising as it sets out to revolutionize the credit industry through the power of blockchain technology. By introducing a conceptual framework that involves creating a shared list of untrusted profiles and establishing a reliable credit system, LinkEye aims to foster honesty and prevent fraudulent individuals from gaining access to financial services. This ambitious project holds the potential to shape a global credit-based society characterized by enhanced fairness and transparency.

LET FAQ

What is LinkEye?

LinkEye is a digital assets financial service platform rooted in the credit model aimed at resolving the ongoing societal credit crisis. Its core mission is to offer individuals and businesses across the globe secure, data-supported, and hassle-free integrated financial services.

What are the benefits of LinkEye?

With the advent of LinkEye, which leverages blockchain to link credit data and prevent fraud, numerous benefits emerge for the credit system. These advantages encompass precise credit reporting, identity authentication, supply chain finance facilitation, well-informed lending choices, fraud deterrence, credit risk control, and enhanced financial inclusion.

Where can I buy LinkEye?

Easily buy LET tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is LET/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for LET with zero fees and no price slippage by using OKX Convert.