10 years LPK Lock Up Program
As we look in to the next 10 years of the L-Pesa Project, http://www.l-pesa.com project will need fund for penetration in to new markets to offer its great l-pesa progressive unsecured cash loan services in 5 minutes to mobile banking customers around the world, more new markets / countries in Africa, India with 1.4 Billion people and South East Asia with 600 Million population following Central and South America. To develop the future of L-Pesa project together with the support of the public & community we introduced long term lock up program for 85% of total lpk supply for better use of the company’s fund for the next 10 years to come.
10 Years Program rules:
- 2,000,000,000 LPK already locked for the next 10 years.https://etherscan.io/token/0x2cc71c048a804da930e28e93f3211dc03c702995?a=0x71e3d9f6295a9ee77f6606368e874906284454b1
- Additional 200,000,000 LPK will be adding to lock up program on above etherscan.com address by December 25 , 2018, total of 2,200,000,000 locked LPK.
- 200,000,000 LPK will be available for release from lock up program on December 25 of every next year and will be use upon project needs. We keep the right to re lock back 180,000,000 LPK in to 10 years lock up program.
- 10% of tokens (20,000,000 LPK) will be share with the public who hold over 1,000,000 LPK by December 25 of each next year for 10 years long. https://etherscan.io/token/0x2cc71c048a804da930e28e93f3211dc03c702995#balances
- Full KYC required before 10% token distribution to the public.
- Today, Oct 25, 2018, 16 investors hold more than 1,000,000 LPK. (e.g — 20,000,000 LPK / 16 Investors = 1,250,000 each). Position 11 to 27 and up on etherscan.com:https://etherscan.io/token/0x2cc71c048a804da930e28e93f3211dc03c702995#balances
- 90% will be use for the development of the L-Pesa Project according to most recent project’s road map onhttps://ico.lpesa.io
- By December 25, 2018, Circulation Supply will drop by 33% from 600,000,000 LPK to 400,000,000 LPK.
- This program is for the public only. LPK Team & Advisory Board members are not allowing to participate in this program.
10 Years Program Time Table
- December 25, 2019–200,000,000 LPK available for release include 10% for the public.
- December 25, 2020–200,000,000 LPK available for release include 10% for the public.
- December 25, 2021–200,000,000 LPK available for release include 10% for the public.
- December 25, 2022–200,000,000 LPK available for release include 10% for the public.
- December 25, 2023–200,000,000 LPK available for release include 10% for the public.
- December 25, 2024–200,000,000 LPK available for release include 10% for the public.
- December 25, 2025–200,000,000 LPK available for release include 10% for the public.
- December 25, 2026–200,000,000 LPK available for release include 10% for the public.
- December 25, 2027–200,000,000 LPK available for release include 10% for the public.
- December 25, 2028–200,000,000 LPK available for release include 10% for the public.
- December 25, 2029–200,000,000 LPK available for release include 10% for the public.
Release / Re Lock notice will be post to L-Pesa blog 1 month in advance, November 25 of every next yearhttps://blog.l-pesa.com/
