Blockchain Data Storage Innovator Lambda Launches Public Token Sale
Lambda, a decentralized infrastructure startup that provides unlimited data storage via the blockchain, announces the launch of its public token sale. The public sale will run from September 19-25, 2018 and finance Lambda's continued efforts in its proprietary decentralized storage technology.
SINGAPORE, Sept. 17, 2018 /PRNewswire-PRWeb/ -- Lambda, a decentralized infrastructure startup that provides unlimited data storage via the blockchain, announces the launch of its public token sale. The public sale will run from September 19-25, 2018 and finance Lambda's continued efforts in its proprietary decentralized storage technology.
Lambda will offer 500,000,000 of the total available 10 billion LAMB tokens to the public. Each token will sell at USD $0.01, which is expected to generate a maximum of $5 million to increase the company's development of user-friendly storage solutions. Lambda is on the ethereum blockchain, and the LAMB is an ERC20 token.
"We are proud of the notable interest Lambda has received in such a short period of time," said Xiaoyang He, CEO of Lambda. "Our company is focused on developing the best possible decentralized storage solutions, and this crowdsale will aid in that endeavor."
Lambda is a high-speed, secure, and scalable blockchain infrastructure project and provides infinitely scalable data storage capabilities to decentralized applications to achieve data integrity proof, multi-chain data cooperative storage, cross-chain data management, data privacy protection and other services. Lambda is spearheaded by Xiaoyang He, member of the JVM community and a well-known infrastructure software expert in China, who previously worked at Oracle and BEA Systems as an engineer.
The company has received significant investments from well-known institutions, such as Bitmain Technologies Ltd., FBG Capital, FunCity Capital, BlockVC, BlueHill, Zhen Fund, Metropolis VC, Dfund, and DATA Foundation, among others. Furthermore, Lambda successfully completed its private sale earlier this year and overshot its hard cap.
For more information, please visit and follow Lambda for real-time updates via its website (https://www.lambda.im), Telegram (https://t.me/HelloLambda), Twitter (https://twitter.com/Lambdaim), Facebook (https://www.facebook.com/Lambdaim), and LinkedIn (https://www.linkedin.com/company/lambdaim).
About Lambda
Lambda is a fast, safe, and scalable blockchain infrastructure project, which provides decentralized applications (DAPPs), data storage capabilities with unlimited scalability and fulfills services such as multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB. For more information, please visit http://www.lambda.im.
SOURCE Lambda
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