LAT

PlatON price

LAT
|
4.1/5
CyberScope
4.1
05/21/2024
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
Show more
USD
USD
$0.011750
-2.90%
1h
24h
1W
1M
1Y
All

PlatON price live data

The current price of PlatON is $0.011750. Since 00:00 UTC, PlatON has decreased by -2.89%. It currently has a circulating supply of 5,491,262,393 LAT and a maximum supply of 10,250,000,000 LAT, giving it a fully diluted market cap of $64.41M. At present, PlatON holds the 226 position in market cap rankings. The PlatON/USD price is updated in real-time.

PlatON price performance in USD

Time periodChange amount%Chg
Today-$0.00035 -2.90%
7 days$0.00041000 +3.61%
30 days$0.0013600 +13.08%
3 months$0.0029600 +33.67%

PlatON market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.011700
Last price $0.011750
24h high$0.012170
Heat index ranking
216
Market cap ranking
226
Market cap
$64.41M
Favorited rate
Percentage of users who favorited this asset to all users
1.25%
All-time high
$2.0000
-99.42% (-$1.9883)
May 12, 2021 (3 years ago)
All-time low
$0.0048800
+140.77% ($0.0068700)
Nov 10, 2022 (2 years ago)
ICO date
05/12/2021
ICO price
The price at which this crypto was first traded
$0.12000
Circulating supply
The amount of this crypto that is publicly available in the market
5,491,262,393 LAT
Market cap at circulating supply
Market cap = Circulating supply × Last price
$120.23M

About PlatON (LAT)

PlatON (LAT) is a public blockchain developed by the LatticeX Foundation. It is a tech-intensive chain that focuses on building a collaborative and decentralized artificial intelligence (AI) network. The platform aims to tackle the privacy challenges associated with centralized AI networks and models by introducing secure computing techniques.

What is PlatON

PlatON is a blockchain platform that seeks to revolutionize the internet by prioritizing computing interoperability. It envisions a new internet ecosystem that incorporates advanced technologies like multi-party computing, verifiable computing, homomorphic encryption, and zero-knowledge proofs, all with a strong emphasis on identity encryption.

Think of PlatON as a public infrastructure that brings together data providers, application developers, communities, and individuals with various computing requirements, all working together within the platform.

The PlatON team

The PlatON team is led by the core team of the LatticeX foundation, who brought this computing project to fruition in 2018. While the specific identities of the team members are kept confidential, there are notable individuals such as Founder Xiao Feng, IT expert James QU, and CSO Ada Xiao contributing to the project's development and success.

How does PlatON work

PlatON is a community-driven ecosystem with an open-source infrastructure. If you plan on building a privacy-preserving ecosystem, PlatON is the blockchain to work with. The ecosystem itself uses several cryptographic technologies and a Proof of Stake (PoS) consensus, termed Verifiable Random Function PoS (VRF-PoS), to secure the network.

The ecosystem relies on security and aims to achieve higher computing efficiency, all while ushering the crypto community into a new era of free internet.

PlatON’s native token: LAT

LAT is the native token of the PlatON ecosystem, serving various functions such as staking, consensus, and security maintenance. It is also used as a means of payment for obtaining network-specific computational power.

LAT has a total supply cap of 10.25 billion tokens, with approximately 36 percent of LAT tokens currently in circulation. Notably, LAT follows an inflationary tokenomics model, likely due to the entry of new tokens into circulation as LAT fees. This means that as transactions occur within the PlatON ecosystem and fees are collected in LAT, there is a possibility for additional tokens to be minted and added to the existing supply.

How to stake LAT

One convenient and straightforward way to stake LAT is through OKX Earn. OKX Earn offers fixed and flexible staking plans of up to an estimated 13.08 percent APY. Whether you prefer a fixed-term commitment or the flexibility to unstake your LAT tokens at any time, OKX Earn offers a user-friendly platform for staking your LAT tokens and maximizing your earning potential.

LAT use cases

LAT tokens, the native currency of the PlatON ecosystem, offer various functionalities. They can be used for market trades, staking to earn additional tokens, paying for network bandwidth resources, and voting in PlatON's governance system.

LAT distribution

The distribution percentages of tokens within the PlatON ecosystem are not explicitly disclosed. However, as outlined in the whitepaper, tokens are allocated as network rewards to the LatticeX foundation and also as incentives for the community.

PlatON and a world of utilities

PlatON focuses on privacy-preserving computations to create a decentralized distributed architecture. What makes it feature and utility-rich are secure voting setups, the ability to handle confidential transactions, and private data analytics – traits aligned with the ethos of decentralization.

LAT FAQ

What is PlatON?

PlatON is a blockchain platform that strives to usher in a new era of the internet and AI by prioritizing privacy and efficiency. With a strong focus on secure computing technologies, PlatON seeks to bring the concept of distributed infrastructure to life. 

What are the benefits of PlatON?

PlatON offers several benefits to its users. It enables the creation of privacy-focused blockchains, facilitates the development of privacy-specific AI models, supports confidential transactions, and enables users to participate in staking to earn rewards.

Where can I buy LAT?

Easily buy LAT tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal offers the LAT/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for LAT with zero fees and no price slippage by using OKX Convert.

Trade
LAT/USDT
Spot
LAT/USDT
Margin
LAT Bot Marketplace
More
LAT-USDT
Copy bot
Spot grid
9
154.51%
PnL%
LAT-USDT
Copy bot
Spot DCA
0
7.35%
PnL%