Understanding The Liquid Ledger Token (LLT)
Your Digital Proof of Ownership for Real Whiskey Casks.
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What is the LTT Token?
The Liquid Ledger Token (LLT) is the heart of our platform. It's a digital token built on the Polygon blockchain that represents direct, legal ownership of a specific, physical cask of whiskey stored in a bonded warehouse. Think of it like a digital deed or title for your investment.
1 LLT = 1 Cask
The relationship is always one-to-one. If you own an LLT token in your MetaMask wallet, you are the undisputed owner of the corresponding whiskey cask.
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How It Works: The Blockchain Advantage
We use blockchain technology to make whiskey investment secure, transparent, and accessible.
- Creation (Minting): When a new cask is added to our inventory, we create (or "mint") a unique LLT token on the Polygon blockchain. This token is cryptographically linked to the cask's information—its ID, distillery, age, and more.
- Proof of Ownership: The owner of the LLT token is the owner of the cask. Because the blockchain is a public, unchangeable ledger, anyone can verify who owns which token at any time. This eliminates disputes and provides a permanent, transparent chain of custody.
- Trading: When you buy a cask, the seller transfers the corresponding LLT token to your wallet. This transfer is a transaction recorded on the blockchain, creating an immutable record of the ownership change.
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Why This Matters For You
Security & Control
Your ownership is secured by world-class cryptography. Only you, with control of your MetaMask wallet, can transfer your LLT token. The Liquid Ledger never takes custody of your assets.
Transparency & Verifiability
Every transaction is public. You can use blockchain explorers like PolygonScan to view the entire history of your cask's ownership, from the moment it was created.
Liquidity & Accessibility
Tokenization turns an illiquid asset (a physical barrel) into a liquid one (a digital token). This makes it easier and faster to trade your investment on our platform, opening up the market to a wider audience.