LD2 is an asset-backed cryptocurrency that facilitates vaulted, physical ownership of precious metals. LD2 embodies the spirit, methodology, principles and community of the Liberty Dollar currency. Building on this predecessor, LD2 aims to function as a “stablecoin” – a globally liquid, value-stable, low-volatility, cryptocurrency, without a central bank, 100% backed by precious metals.
The LD2 cryptocurrency functions as a blockchain-based digital warehouse receipt, with the silver-backing on deposit with a third-party vault and an independent auditor providing a monthly audit of all holdings on deposit at the vault. The auditor works on behalf of token holders to verify that all issued tokens are backed by the specified amount of assets. For LD2.zero this third-party vaulting verification and independent auditing ensures there is exactly one troy ounce of .999 fine physical silver in the vault for each token issued at all times – independent of token ownership.
As a digital warehouse receipt, every LD2 token is redeemable through the third-party depository for the precious metal on deposit. Physical redemption not only structures LD2’s economics and value proposition, but builds trust with token holders, something badly needed within the existing cryptocurrency market/ecosystem.
Limited supply! Only 10,000 LD2.zero tokens total in this issuance, and only 10,000 are remaining!
The exchange rate for the crowdsale is $35 USD per LD2.zero token, using a USD/ETH exchange rate that is updated nightly, and based on the global daily average. The current price of ETH used for the exchange rate is:
$700 / ETH
Use the form below to calculate the amount of tokens to purchase given the above exchange rate.