🔍 Fundamental Analysis of Litentry Token (LIT)

Litentry is a project focused on decentralized digital identities. It provides a protocol that connects identity data from different blockchain networks, allowing users full control over their identity without relying on central entities.

✅ The project operates on the Polkadot network and benefits from its interoperability capabilities.

✅ Various use cases such as: Single sign-on via Web3, reputation verification, and trustworthy voting in governance.

✅ The total supply is 100 million LIT, with a relatively fair distribution and an active community supporting continuous development.

⚠️ Competition with other ID projects like Civic and Ontology may slow widespread adoption.

⚠️ Still needs to expand partnerships and integration with DeFi and NFTs applications.