# ICO

**Initial Coin Offering (ICO)**

An Initial Coin Offering (ICO) is a fundraising method commonly used in the cryptocurrency industry to launch new digital tokens or coins. It serves as a way for blockchain projects to raise capital by offering their native tokens to investors and the public in exchange for established cryptocurrencies like Bitcoin or Ethereum. ICOs have gained significant popularity due to their potential for early investors to obtain tokens at a lower cost with the expectation of future value appreciation.

**Lither's Upcoming ICO**

Lither is on the brink of introducing its own Initial Coin Offering (ICO) to the crypto world. In this exciting development, 5% of Lither's total token supply, which amounts to 2.1 billion tokens, has been allocated to the ICO event. This strategic move not only offers an opportunity for early investors to be a part of the Lither ecosystem from the beginning but also provides a means to raise funds for the project's development and growth. As Lither continues to make strides in revolutionizing the blockchain space, the ICO will be a pivotal moment, allowing supporters to acquire Lither tokens and actively participate in shaping the future of this innovative blockchain project. Stay tuned for more information on Lither's ICO, as it promises to be an event filled with potential and opportunities for all.

**ICO details are as follows:**

| ICO   | Start Date  | End Date    | LTH Price | ICO Bonus  | Supply |
| ----- | ----------- | ----------- | --------- | ---------- | ------ |
| ICO 1 | 11th Mar'24 | 10th Apr'24 | $1        | 100% extra | 1%     |
| ICO 2 | 11th Apr'24 | 25th May'24 | $1        | 50% extra  | 2%     |
| ICO 3 | 26th May'24 | 24th Aug'24 | $1        | 25% extra  | 2%     |


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