Liberland’s LLD token surges as the world’s first decentralized autonomous government gains traction
In this post:
- Liberland LLD token surges as the country gains global attention as the world’s first Decentralized Autonomous Government (DAG).
- Liberland is in talks with KuCoin and other platforms in a bid to widen its centralized exchange reach.
- The country disclosed that it is expecting a TRON bridge and a BNB bridge this month.
Liberland’s official cryptocurrency, the Liberland Dollar (LLD), has surged in price to an all-time high of $26.82 in the last 2 hours. The rise in the country’s official digital asset reflects growing investor confidence in Liberland’s new governance model powered by blockchain technology.
The self-proclaimed microstate between Croatia and Serbia is also gaining global attention as the world’s first Decentralized Autonomous Government (DAG). The exponential growth of LLD prices on exchanges has made many consider the token as a serious investment opportunity in the evolving landscape of digital nations and decentralized governance.
Liberland gains traction as the world’s first DAG
Vit Jedlicka, a Czech libertarian politician and economist, founded Liberland in 2015 to create a nation free from excessive regulation. Jedlicka also aimed to create a country without bureaucracy and taxation. Liberland operates on blockchain-based smart contracts, making it the first globally decentralized autonomous government (DAG).
Liberland revealed its alternative governance model is also gaining appeal due to traditional economies facing debt crises, bank failures, and inflation. The country’s presence at high-profile global forums such as Davos has also amplified its message of self-sovereign governance and economic liberty.
The country also revealed new features coming this month, including the TRON bridge and BNB bridge. The TRON bridge will use BTTC, the BitTorrent Chain Technology. Other expected features are cross-chain swaps via Maya, the friendly Thorchain fork, and a stock market for Liberland companies. The nation also said that it was in talks with KuCoin, Gate, and BitMart to broaden its central exchange (CEX) front.
Liberland’s DAG system allows its residents and businesses to use LLD to actively participate in governance. Decision-making in the system is conducted through decentralized voting mechanisms and financial transactions powered by LLD. The country acknowledges that LLD ensures transparency, efficiency, and elimination of corruption.
Investors continue betting on LLD
Interest in LLD has skyrocketed in the last 24 hours by over 478% and its price is currently trading at $6.85. The token gained increased liquidity and exposure after recently being listed on major exchanges such as Uniswap, MEXC, Coinstore, and Raydium.
“I live in Liberland; we all have some holdings of $LLD. Some citizens are taking profit, which is good as GDP is not so strong, but guess what this is not the end, Justin Sun got a big vision to tackle GDP to billions which is only possible by $LLD.”
Liberland highlighted that its blockchain is the first chain to be used in the real world, with over 100 companies legally operating on the Liberland blockchain. The country’s LLD powers the sovereign Liberland blockchain, which is bridged to Ethereum via SORA and Solana via deBridge.
The country believes that its official national currency contributed to its rising demand. LLD serves as a functional currency of a real-world nation, unlike most speculative-based cryptocurrencies. The country also uses the digital asset for governance, trade, and legal transactions within its borders.
Liberland also highlights LLD’s supply and deflationary model with controlled issuance, which makes the token resistant to inflation. The country has also attracted businesses and individuals seeking financial sovereignty, with LLD enabling transactions in an emerging digital economy.
Many believe that Liberland could become a model for future digital nation-states with increasing support from libertarians, crypto investors, and entrepreneurs. LLD could emerge as a leading cryptocurrency in the era of decentralized nations if blockchain-based governance proves to be a viable alternative to traditional government structures.
