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Figure 5.1.1 - Development Timeline
Figure 5.1.1 - Development Timeline
From the milestones outlined above, we can see a clear and structured roadmap for the Lotso project. This detailed timeline not only demonstrates the methodical approach the team is taking in developing and implementing the Lotso token but also highlights the key phases of growth and strategic objectives. Each stage, from the initial formation of the team to the eventual listing of the token, is carefully planned to ensure compliance, technical robustness, and market readiness. This comprehensive planning underscores the project's commitment to innovation, security, and long-term value for its stakeholders. Below is a detailed description of each milestone, illustrating the project's progression and strategic vision.
  1. 2022.7.17: Lotso Team Formation
      • Assembling a diverse team of experts in blockchain technology, finance, and marketing.
      • Establishing the core vision and mission of the Lotso project.
  1. 2022.8.23: Technical Architecture Design
      • Finalizing the technical blueprint of the Lotso token and its ecosystem.
      • Starting the development of the Lotso blockchain infrastructure.
  1. 2023.6.12: Compliance and Legal Review
      • Conducting thorough compliance checks and legal assessments to ensure regulatory adherence.
      • Making necessary adjustments based on legal advice to align with international cryptocurrency regulations.
  1. Now: Establishment of Financial Support
      • Securing initial funding and financial support from early backers and institutional investors.
      • Implementing financial strategies to sustain the project through its development phase.
  1. 2024.4: Seed Round Auction
      • Launching a seed round auction to attract early-stage investors.
      • Providing detailed information on the project's potential and future roadmap to investors.
  1. 6,000 Holders: Insurance Function is Open
      • Activating the insurance function upon reaching 6000 holders.
      • Offering additional security and benefits to token holders as part of the project's commitment to investor protection.
  1. 8,000 Holders: $Lotso Token Listing
      • Listing the $Lotso token on major cryptocurrency exchanges once the holder count reaches 8,000.
      • Implementing marketing and promotional activities to increase visibility and trading volume.
  1. 100,000 Holders: Protecting the Encryption Industry
      • Initiating broader projects aimed at protecting and supporting the encryption industry.
      • Collaborating with industry leaders to foster innovation and security in the blockchain space.
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