/biz/ - Business & Finance

Looking like we found our floor Litties!

>AMA of Tomochain's Lition acquisition
https://www.youtube.com/watch?v=_MKM-0Zgq6E
>New Central Banking usecase
https://lition.io/index (bottom of page)
>Tomochain acquires Lition Technology AG.
https://medium.com/@Lition_Block/tomochain-acquires-litions-enterprise-blockchain-unit-5f0b94a1cc6d
>Lition will hold joint AMA with Tomochain on Oct 30 at 3PM UTC
https://twitter.com/Lition_Block/status/1320040090593333261
>Lition AMA. Highlights here: >>23470981 #
https://youtu.be/YdIg4y6TRUg

>Official Site:
https://lition.io/

>What is Lition?
https://youtu.be/upUoOSnZvdY

>How To Buy:
https://dex.tomochain.com/trade/LIT-USDT
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2

>How To Stake:
https://medium.com/lition-blog/getting-started-with-lition-pool-staking-how-to-deposit-733ff18cb8f3

>Lition Energy Mainnet Dashboard:
http://bcenergymainnet.lition.io/dashboard

>Twitter:
https://twitter.com/Lition_Block

>Whitepaper:
https://www.lition.io/docs/Lition_Whitepaper.pdf

>Price:
https://www.coingecko.com/en/coins/lition

>Previous threads (newest to oldest):
* virgin /lg/s
#146 >>23623689
#145 >>23617819
#144 >>23603728
#143 >>23595897
#142 >>23591396
#141 >>23579666
#140 >>23574377

>>23625786
lucky for you cheap litties are going to be perminent!

>>22475001

feels good knowing I can retire in a couple years on lit gains

see you at Oktoberfest

We're gonna make it bros !!!

>>21575117
>>21575227

>>21457018
Thanks fren

>>21191329
Thanks fren

0.00042 ETH

>>21129224
>So if you would need to sell the token to a investor, what would be your arguments?
They already have an operational use-case where 10-50k german households are buying electricity with on a daily basis right now. This usecase alone with modest growth in the future would justify a multiple of today's price.
The token stands at 12 cents. Full dilluted supply will be 100 million.
Even if this is the only usecase and they only reach 250k households (which need 1 txs/day) and no businesses which would use dynamic transactions (96 txs/day) the chain would see 250k txs/day. If they indeed manage to keep fees at 0.01 usd that would yield stakers 2500 USD/day.
This would at current prices and at half the tokens staked yield a 15% return forever.
I like to see this as a type of dividend that a company pays.
No company provides this yield. Only the top 1% pays half that. https://www.youngresearch.com/researchandanalysis/dividend-investing/the-highest-yielding-sp-500-stocks/
Thus based on the assumption of Lition Energie app eventually getting that 250k households you should assign it at least a valuation that is 2-5 times that of today.

Then comes the upside. They can get for every 100 households, 1 business with dynamic pricing (96 txs/day). This doubles the valuation to a 4-10x
On the 38 million german household market they could get 1 to 2 million households without any stretch of the imagination. This quadruples or octuples the valuation to a 16-80x.
They can expand into other European territories. This doubles the valuation to 32-160x.
They can expand into other non-European countries (I think there was talk of Malaysia). This doubles the valuation to a 64-320x.
There will be other Lition developed usecases. This increases the valuation between 50% or 500% to a 96-1600x.
There can be significant development activity to make use of the GDPR compliant blockchain feature. 200-6400x.

And then you have the overvaluation of a hot project during crypto mania.

>>21020758
This, a hundred times over.

>>20837701
>>20837735
Based
We gonna make it bros

>>20798830

>>20701340

We're gonna make it lit frens
Its going to happen this week

>>18973603
>>18973757
Also someone asked me to LIT this a few days ago and I promised I would
Here it is