/biz/ - Business & Finance

>>23596692
>Q: Does this acquisition betray your blockchain community
RL: I think we would betray the community in the long run if we would have just continued as is.
In order to really support the community we cannot just deliver on a working blockchain or one or two use cases. It also wouldn’t be my ambition. To support the community, but also to create a large value of the coin, we need a stronger, more powerful blockchain company. And that’s why we needed a strong partner. To *not* betray the community.
>Q: Can you address the issue of incentives? Are the incentives correct to make sure that TOMO does not funnel all value to the TOMO ecosystem rather than the LIT token?
RL: You are fully right. This is a concern we therefore took very seriously, and now have incentives that align TomoChain with LIT holders. This was a go-or-no-go negotiation point for us. Anything else would not be fair to the people that believed in Lition.
Q: Would this partnership effect the staking rewards when energy product comes out? How would Tomo chain effect the stakes of that?
>RL: The staking rewards are a result of sidechain transactions. these are the peer to peer trades of our electricity customers, so this is independent of the TomoChain deal.
>Q: How much of a role will you play in the merged company? How long will you stay? Also, will your energy business be dependent on LIT infrastructure for the foreseeable future?
RL: I’ll remain active in the Blockchain infrastructure. The Energy Use case remains fully dependent on the LIT infrastructure. We have to anyway, as there is no other GDPR-compliant, scalable public-private blockchain solution out there.

>>23576292
don't worry fren

>>23570096
more Lition Energie customers = more rewards = more investment = higher price.

lition it is my friend

>>23547100
>>23547100
>>23547100

Comfiest investment in Crypto bros