Smartlands is a decentralized, blockchain platform that aims at connecting the real world to the blockchain through issuing security tokens. Business and firms can now digitize their assets to make them more liquid and easier to transfer and trade. The platform assists in issuing these tokens on its blockchain, issue financial loan tokens, assists with identity authentication and creates a social network. Industries that will benefit immensely from this platform are in real estate, agricultureShow more [+] and manufacturing.
SLT is a utility ERC20 token that is used as the issuing token on the Smartlands platform. SLT is used for credit lending, wealth management, distributing Asset Based Tokens (ABTs), voting rights and all ABT holders must also be holders of SLT. There is a total supply of approximately 7.2 million SLT tokens, with about 5.1 million in circulation. SLTs like other tokens need to be stored off exchanges for enhanced security. This token's ICO (Initial Coin Offering) began on November 2, 2017 and end on the 20th of the same month. Price during ICO was 0.5 USD.
SLT is supported by the Stellar network that helps store the tokens off exchanges. You can also have a Smartlands Wallet which you can use to control your balance, trade, issue securities and make payments with. Other wallets in which you can safeguard your tokens on are Jaxx and Ledger Nano S.
SLT token is available for trading on Stellar decentralized exchange (SDEX) as well as Exrates. SLT also has a presence on social media and partners with companies such as Resolution, Stellar, civic, CMS, Thistle and Skyglyph among others.