Litentry is a decentralized identity aggregator that aims to provide a secure and user-friendly platform for managing digital identities. The platform is built on the Polkadot network, which allows for interoperability between different blockchain networks. Litentry's main goal is to solve the problem of fragmented digital identities by creating a unified platform that can be used across different applications and services. The platform uses a unique identity verification system that allows users to prove their identity without revealing any personal information. This makes it a highly secure and privacy-focused platform that is ideal for individuals and businesses that want to protect their digital identities. The Litentry cryptocurrency, LIT, is used as the native token on the platform. It is used to pay for transaction fees and to incentivize users to participate in the network. The token is also used to reward users who contribute to the platform by providing data or other services. The LIT token has a total supply of 100 million tokens, with a circulating supply of around 30 million tokens. The token has seen significant growth in value since its launch, and it is expected to continue to grow as the platform gains more users and adoption. Overall, Litentry is a promising project that has the potential to revolutionize the way we manage our digital identities. |