Token and Technology Overview
The LAXMINT token will initially be issued as an ERC-20 token (Ethereum blockchain) or a BEP-20 token (BNB Smart Chain). These widely used token standards offer significant advantages:
Established Technology: ERC-20 and BEP-20 token standards are extensively adopted and recognised globally for their robust security frameworks, significantly reducing developmental risks, project timelines and external security threats typical in the crypto industry.
Strong Developer Ecosystem: A large global developer community actively supports these standards, ensuring streamlined integration, ongoing improvements, and compatibility with various blockchain services.
Comprehensive Infrastructure: Established tools such as MetaMask, Trust Wallet (wallets), Etherscan, BscScan (blockchain explorers), and Gnosis Safe (multi-signature wallet solutions) offer robust security, user-friendly interfaces, and reliable transaction verification. Tokens will be issued according to predefined smart contract logic, clearly programming the token supply, vesting schedules, distributions, and reward mechanisms aligned with our published tokenomics. This smart contract-driven approach guarantees transparency, reduces manual intervention, and safeguards against potential human errors or manipulation.
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