Laam Token Whitepaper

1. Introduction

Laam Token is a digital asset built on the Stellar Blockchain, designed to simplify payments, remittances, and financial services for the global community. Laam aims to become a native token within the Stellar ecosystem, combining speed, security, and low transaction costs to enable a more inclusive digital economy.

2. Problem & Solution

Problems:

• High cost of sending money.
• Limited access to financial services.
• Lack of trust in unstable currencies.

Solution:

• Near-instant global transactions.
• Extremely low transaction fees.
• Built on Stellar – a trusted, global blockchain.

3. Token Specifications

• Token Name: Laam
• Network: Stellar Blockchain
• Type: Native Token
• Asset Code: Laam
• Issuer Address: GAL4ECDAXNBMJYFCWIJ32HKVIRLCN EXY664CAZYI3EINQWPLXTMEPR64
• Max Supply: 1,335,577 Laam
• Decimals: 2

4. Use Cases

• Remittances: Fast and low-cost money transfers across borders.
• P2P Crypto & Fiat Trading: Enabling peer-to-peer exchange between crypto and local fiat currencies.
• Marketplace Payments: Usable within Laam Market for housing, cars, and rentals.
• E-commerce & Gaming: A currency for digital apps, services, and online economies.

5. Advantages of Laam Token

• Speed: Transactions settle within seconds.
• Low Fees: Significantly cheaper than traditional banking.
• Security: Powered by Stellar, a reliable blockchain.
• Accessibility: Primarily available on the Laam Wallet, and also supported by Stellar-compatible wallets (Lobstr, Solar, Albedo, etc.).

6. Roadmap

• Laam Token launch, Listing on Stellar DEX
• Launch of Laam Mart (real estate & vehicles), Laam P2P (Crypto ↔ Fiat trading)
• Expanded wallet & exchange integrations, Mobile money & banking partnerships
• Laam ecosystem expansion (apps, e-commerce, gaming), Global partnerships