Cryptocurrency Q&A What is the use of Litentry coin?

What is the use of Litentry coin?

FireFlyer FireFlyer Sat Oct 26 2024 | 6 answers 1207
I'm curious about the utility of Litentry coin. I want to understand its purpose and the specific applications it has in the crypto world. Can someone explain what Litentry coin is used for? What is the use of Litentry coin?

6 answers

WhisperInfinity WhisperInfinity Mon Oct 28 2024
LIT serves as the fundamental token within the Litentry parachain network.

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DigitalLegend DigitalLegend Mon Oct 28 2024
The Litentry platform is designed as a Decentralized Identity Aggregator.

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Margherita Margherita Sun Oct 27 2024
It offers on-chain identity verification services, catering to decentralized applications.

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Arianna Arianna Sun Oct 27 2024
The platform's primary function is to manage identities securely and efficiently.

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Carolina Carolina Sun Oct 27 2024
By utilizing LIT, users can engage in identity-related transactions on the network.

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