/biz/ - Business & Finance

>>26720486
too early for biz to see this gem. these faggots might not be ready

>Wtf is LTO?
LTO Network is an enterprise focused blockchain.
They make anchoring data and existing systems on chain an easy integration.
Public and private layers system makes it GDPR complaint which corporate boomers love.

>>26720486
do you have more links for more information?

Please fud this, I want to buy in at 15c

Fucking reeks of curry in here

>>26720638
I'll plant a seed so to speak

>How is it better than eth / ada / vet / (other shit eth killer zombie chain)
LTO doesn't neccessarily aim to compete with general purpose chains.
They offer particular use cases that their clients need.
The major use case so far has been anchoring data on chain,
as well as exchanging data on processes that run between organizations in an efficient and secure way.
It beats competition at these, pic rel.
LTO uses a different kind of smart contract, a live contract.
This allows for business users like an IT admin or a secretary to directly deliver input to the blockchain.
It also allows other users to validate and reject data.
This flexibility is unique for LTO and makes it perfectly suited for real life use.
>blockchain made easy for HR stacies and business boomers

>>26720486
Posted from the streets of Mumbai

my 40k stack is feeling VERY comfy

I miss the old days of crypto biz with the defi summer and the tether fud... it hurts bros

>>26720942
Smells good dont it

>>26720772
I'll post my research and you can DYOR later.
Now for the good stuff.

>Partners & Clients
IBM - multiple use cases, Corona Safety Indicator sensors, environment sensors.
EU gov bodies - Files Authentication Manager use case
United Nations - Land registry use case in developing countries, started successfully.
VIDT merger- Implies vidt clients using LTO for anchoring (AIRBUS, NEN)
Dutch DOJ - Judicial cases on Blockchain, standarized punishments for similar petty crimes.
A few new major ones to be announced.

>Proof that it's alive and used.
Top 10 in transactions,
revenue generated and,
best price per sale (p/s) ratio
at a low mcap 60mil.
https://coinstats.network
just hit 100k 2 days in a row.

>>26721424
it#s top 12 in transactions now

Comfy leasing 2.5k stack here, will DCA all year into this, should be able to buy another bag next week.

>>26721325
>>26721325
>>26721325
wow pretty comfy looking

OOOOOOOO

>>26721522
No. You need to hide spam. It's top 10.

>>26720486
sorry I already bought RBC, I'm full-up on shitcoins for today fren

>>26721522
he's hiding networks that spam itself. see top button.

buying another 40k today. 115k should be enough

Each transaction by the LTO clients has a 0.35 LTO fee. 0.25 LTO goes to the staking rewards and 0.1 gets burned.
The same token used by the clients for the service, is the one you hold.
This means that the success of the network and its adoption flows directly into tokenomics.
Not many blockchains have this great of a business model.
Biggest reason why I hold LTO. It means that even if bitcoin and crypto market shit its pants, This shit can climb.
As the price goes up, the nodes will vote to lower the fee, to keep it similar afforadble price for its clients,
while we reap the benefits of higher price + staking/leasing rewards.

Also biz has /ournode/
https://xeno.finance/

>>26720486
Got almost 3k, will buy more whenever. Although it has great applications & potentials, do you think its price will increase ?

Thank god this gem is on Binance, I hate uniswap and eth fees

>>26722032
Yes.
$10 is possible during a bull run

>>26722032
Yes, don't let the shills lie to you with "$100 EOY", but this coin could easily reach $1 in the mid term

2021
"We're working to become market leader when it comes to on-chain identities.
We see that there is a gap that we can fill."
>KYC for business and individuals when doing defi.
Next step for crypto, enterprise defi.

This can be a game changer on its own. Only competition in digital ids is ONT (400mil mcap) and Sovrin (not released yet)

hhhahaha the scam is dumping, this scam has been exposed. Stop hocking this pajeet scam here, no one is buying this vapoourware scam

>>26722032
>>26722254
Yep, 5x ez.

>>26722032
$1 is an extremely realistic goal. The team themselves are aiming for $1b marketcap, which would be around $5. While this isn't a meme coin, it's an extremely safe put.

Does this compete with ALGO or XLM? My XLM has been pissing me off and I kind of want to convert it if it's a competitor.

>>26722199
This bullrun has been nothing but shit so far

>>26722594
Yes, that's why I said during "a bullrun" and not "this bullrun". LTO still needs some time.

>>26722032
>>26722453

Here is the UN news, when the UN+Shrimp project goes live this quarter, expect a serious bump in transactions + price.

https://unhabitat.org/un-habitat-oict-and-lto-network-release-first-open-source-urban-land-registry-solution-for-the

That's all I have for you /biz/raelis

>>26722594
We’re in April 2017 rn calm tf down

10k bag, comfy hold, $5 EOY

Thanks yall, will hold along muh Reef

>>26722940
$20 if you account for a Bitcoin run and we maintain our ratio

2017 BTC bullrun.
Circumstances are different this year,
But the halving is halving, I think we have a nice year ahead of us

>>26722580
XLM is a stablecoin for niggers

>>26722712
>>26722899
Fair

>>26721984
Frens, don't forget to lease to /ournode/

>>26722580
I believe XLM is more of a digital currency, or in that sphere.
LTO is adopting crypto for various other use cases beyond currency.
Don't know about Algo

why shilling a trash ?
are you sure this tards try to bring anything profitable?
I don’t join them and why should I do it?
I have BASE on my wallet and uniswap portfolio
I have brains to use Cascade system and get passive income

>>26720486

>>26724673
Nice middle eastern English.
Post hand right now.
I had base and got burned for $100
not fucking with rebase pajeet pump and dumps

Okay actually seems legit, what's the catch

>>26720684
why not just use an internal database? has biz not learned any lessons from 2017? blockchains suck, they do not scale, enterprise blockchains are the worst because they have none of the pros and all of the cons

>>26725142
fun fact, Chad is based off of Rick

>>26726377
no catch, only gains.
http://ltonode.com/transactions/

>>26726437
wew, hi retard

>>26726377
Token depends on company's success. They've been great so far.
The business model + rate at which they are getting clients makes me comfy ngl desu senpai

>>26722315
Exposed how?

>>26726437

>scaling
https://blog.ltonetwork.com/blockchain-scalability-horizontal-tps/

because of permission-less and decentralized operating, where it makes sense to do so.

>>26727170
How well does this scale? if each tx is 0.35 LTO fee. So in theory, if LTO ever did become a huge name and tokens were $20, wouldn't each Tx cost $7, which would be more expensive than btc and eth 2.0, correct? Not fud genuinely curious

>>26727387
It's a pajeet pasta pay it no mind.

>>26727626
There's a graph showing how fees would lower as price went up to keep it balanced, I forgot to save it.

Smells like DANK in here WGMI LTOnauts.

High HIGH quality comment!

>>26727626
Nodes will vote to lower the fees to keep it affordable for clients.
By that time, the transactions will have increased and will make up for the staking rewards.
Afaik clients have said even up to a $1 fee per tx is fine for them.
pic rel is based on predicted tx growth

What's the /makeit/ stack?

>>26728400
with bullrun $10/LTO = 100k LTO for $1million

>>26728188
Okay interesting, thanks for that. I realise that 2028 ect is a pipedream but that ROI does not seem sustainable. Generally anything above 15% is ponzi tier right.

Literally trying my hardest not to get a 50k stack right now

>>26728581
Damn I only have a small stack, I need to get more

>>26720486
where to buy? not on coinbase/kraken

>>26728841
uni

so, when is the first payout from xeno.finance?

>>26728626
Yea I think that graph is a prediction based on current growth, who knows what could happen years from now.
But to answer your question about fees:

https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/

>>26728996
this saturday

>>26729055
nice

>>26728964
what is that? i can't find it

>>26728841
binance

>>26728841
>>26728964

it's also trading on Binance

>>26728038
Lets go nigger lets go

>>26729300
uniswap

you got to get metamask + eth to buy it there.
Sucks atm, but US exchanges are underway

>>26729300
Uniswap.

>>26729026
You've succesfully shilled me on LTO anon, well played. I only hold LINK and ETH

Easiest moonshot this year. Literally has state governments using it and their fees go into our stacks. How is anyone passing over this?

bros wtf 1700 coins in one week of leasing? shit is NUTZ!!!!

>>26730902
Nigger at 40k you'll get 1700 in like 8 months stop fudding

im whale buying 100k a day from now til q2. be warned.


appraisl TM

>>26731088
explain this then

>>26730902
Lol how? Did your node operator fuck up?

>>26731254
Thats 41 LTO kek

>>26731254
>>26731553
lmao, still nice though. Got a 40k stack myself. In one week you're looking at about 50 LTO

>>26731254
that's 41,8 LTO

>>26731553
explain me the effective vs regular LTO thing

Is it on Binance US? I use Coinbase but I'm considering switching.

>>26731928
I don't know about binance US, but i know people outside the US can get it on binance. I do know for a fact you can get it on uniswap until the inevitable coinbase listing

>>26731751
It's for the nodes that you lease to,
they have same interface.
Generating blocks for the blockchain or something.

>>26731928
Normal binance, you could try with VPN,
Or uniswap

>>26733176
>inevitable coinbase listing
Matter of time.
LTO worked on rosetta api, which is Coinbase standard for easy integration.
+ Coinbase asset hub too.
It might make it less prestigious, but good for US bros to buy without getting gassed in uni

Do I get raped by gas costs when I lease? My stack isn't huge (10k).

>>26734194
what gas cost lmao

>>26734291
Guess that answers my question

>>26734194
gas is only on eth and uniswap if you have no other way of buying.
you can use the bridge on the wallet to convert erc20 to mainnet LTO and lease just fine.
Funds stay in your wallet when leasing, your just delegating them to a bigger node to stake for you

>>26734381
Leasing fee is 1 LTO

Should I set up a node for myself on my VPS or do we all mutually benefit from using the /biz/ node?

One thing OP forgot to mention is that 50% of circulating supply is staked away.
Exchanges will get drained as more clients start buying up

Gonna sell some jizz this weekend to try and get my LTO stack equal to my sperm count.

That way when I make it with this gem I'll be cum blasting to the fucking moon.
I do this for every coin I hold.

>>26735093
We all mutually benefit from /our node/ I believe. But you can calculate it yourself on their website.

>>26735093
The payout is as good as it gets.
It's pretty comfy leasing together.

Something about how the blocks are mined might be in favor of having a bigger lease together. And you wouldn't have to pay for the server.
It's good for the network to decentralize with more nodes, but this one is still fresh

>>26735342
Yep. Payouts should be the same no matter what node. But i know the biz node has the smallest rake

>>26735268

based healthy and fit genes sperm seller.

What transfer network to use if I'm sending from Binance to wallet.lto ? I'm 90% sure it's LTO but I don't want to piss away crypto over a stupid mistake.

>>26735268
unfathomly fucking based

>>26736190
I used uniswap but i imagine its the same. You literally use their bridge network thats built into the LTO mainnet wallet and you can send your tokens directly from binance to the bridge and then the tokens will show up in your wallet. Try with a small amount so you dont kike yourself

>>26736190
use LTO
you're wallet should start with 3J , the lto wallet.

Also saved the seed and try to log in again incognito to test and make sure.

>>26736190
Use LTO

>>26736377
No my guy. uniswap needs the bridge.
Binance doesnt need the bridge it supports mainnet LTO. dont give such advice it can be costly

>>26721325
>VIDT
aah the meme just sign the contract coin

How would ADA compare to LTO in terms of maximizing your investment returns. Which one of those do you think is potentially worth more?

Is there a time limit in the leasing?

>>26736954
LTO is currently estimated at 5 dollars EO22, which is roughly a 30x increase, assuming no bull run

can you fuckers stop fudding. I'm done accumulating

>>26736954
The only thing I know about the comparrison is the this chart,
which might be a bit of a meme tho
LTO much better revenues from tx fee at a smaller mcap.
Also I think LTO has a lot more room to grow

>>26736637
True, but idk how binance works cause im a burger. Either way one test transaction and a real transaction would cost 20 LTO using the mainnet bridge. Which is currently $4... so not that bad lol

>>26737333
Checked and bullpilled

>>26737247
There's no lock-in if you mean that

>>26736954
Right now, LTO has a working product and PAYING customers (real businesses and governments).

And the staking returns come FROM the transaction fees, they aren't minted out it thin air in an inflationarily fashion. In fact, a part of each tx burned, actually making it deflationary.

But they are different matters. Cardano has potential, sure, but I feel that is seriously over-valued and LTO is seriously undervalued

>>26737247
No leasing time limit, can cancel at anytime

>>26737247
No, you can lease as long as you want, or the node is stable and operating.
It's advised to wait until you get 400-500 LTO before starting a second lease, because of the 1lto fee when leasing (adds up over time slightly)
You can have multiple leases at same time, they'll get added up

boys, will I make it with 50k?

Fuck LINK. MUSE is the next GME

>>26737676
>>26737711
>>26737778
Thanks, hopefully i'll start today.

Just leased 10k LTO to /biz/

>>26737798
Thats half a million in a few years, hopefully

how the fuck do you even buy LTO without VPN in the US?

>>26738543
I'll buy for you bro trust me =:^)

>>26738882
ok thx, just sent over $30k

>>26738543
metamask + uniswap?
no kyc too so fuck the taxman

>>26739208
>uniswap
I don't see LTO listed there, stupid usa

>>26740200
>>26739208
Don't mind me, I'm retarded. had to import it.

>>26740200
https://info.uniswap.org/pair/0x9cd7403ac4856071581e1f5a298317d9a72a19cf

checked. There you go poo ID nigger

>>26733946
FUCK I CANT BUY IT ON BINANCE US

>LTO been trending down for over a year
what's changing?

>>26740836
Transactions are trending up....up 7x on the year and just hit ATH this week.

And the transactions are growing, since new partners, like the fucking UN, have yet to start

And that means staking rewards are climbing (since it comes from the transaction fees), over 7% now

And they are working on Decentralized Identities this year

>>26740643
Use Uniswap bro

anyone know what the best node is to lease your tokens? Or are they all relatively the same? idk how this shit works

>>26741570
/biz/ node
https://xeno.finance/

>>26741570
Lease to https://xeno.finance/
The more /biz/raelis in the more we benefit. Just threw 10k LTO in.

>>26741444
Comfiest hold of the year

>source: https://blog.ltonetwork.com/united-nations-and-lto-network-release-worlds-first-open-source-land-registry/

>>26741937
India finally contributing to crypto in a good way

>>26741937
so they're doing more than just money laundering.

>>26741790
>https://xeno.finance/
>>26741790
I have severe retardation. Please tell me what do. Just send my tokens to that wallet address?

>>26724673
Lmfao fucking pajeet grammar too funny

>>26742692
Send your tokens to the mainnet wallet. You can lease them from there

>>26742692
you need to log in to your LTO Mainnet Wallet and lease your tokens from there

>>26742692
>Go to https://wallet.lto.network/signin
>Go to Leasing on the left side
>Start lease and select Custom
>Input the amount to lease and put in the wallet adress from the website

Can someone tell me how to lease if I have it on metamask?

>>26742692
you gotta create your own mainnet wallet. don’t send your tokens anywhere but there. there is a leasing section within mainnet where you can lease out

We can only buy one coin if we want to pump it to the moon

It is MUSE

>>26742890
>>26742947
>>26742967
Thanks you frens. ...how many fucking wallets am I gonna have when this is said and done? holy hannah. Is there a minimum?

>>26743143
You should have multiple wallets so you can take advantage of them airdrops, get an address book and catalog your seed phrases and never lose that book.

What is leasing? Is that like farming/staking?

>>26743362
Word up man...feel like I have so much going on already, but yeah I missed that UNI drop. Sad!...Many such cases.

>>26743647
Yeah, if you have less than a 100k and aren't tech savvy you should lease/delegate your LTO to the biz node.

Funds are SAFU

>>26743647

https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide/

read up anons, for all leasing and staking questions.
also feel free to joing the offical tg and ask questions, thats where I learned the most about LTO.

>>26743848
Same here I thought it was going to be hard learning all that wallet stuff but surprisingly it isn't I got into crypto shortly before Christmas and this is probably my most comfiest hold.

>>26743013
You need to create a mainnet wallet at wallet.lto.network

And then click the "Bridge" link in the side, and it will create and ERC20 address for you to send to. After you do that, they will credit you mainnet wallet the same amount (less 10 for the bridge fee)

So don't send the tokens right to the wallet?
Go to the Bridge and generate a mainnet address?

Just sent my humble 800 LTO, best wishes.

>>26744251
Answered my question.

Is there a reason the metamask network fees are so high?

>>26720486
Great another chink scam like Swipe, where my Swipies at?

>>26720486
How does the un using a shitty alt coin in desert nigland mean it has potential?

>>26745825
Because the fees they pay to use the network goes into our pockets

So I got 10k stack in metamask but keep trying to send a few to my lto wallet. Says it went through but see nothing in my lto wallet. what the fuck.

>>26745825
every transaction burns 0.1 LTO, and the user pays 0.35 LTO that goes into the staking rewards pool. Clients using it reduces availability and forces the price up.
Theyre working on GDPR compliance as well atm so capability for euro countries too

>>26745825
>>26745410
hello pajeets, you're a bit late to the party.
No i'm not gonna buy rubic instead.

Afghanistan bought 2.8M LTO for their land registry.
Every land ownership change will go on chain after that too, increasing transactions.
Team just stated that Afghan is all set up,
UN is convincing other countries to use LTO too.
If Afghanistan bought 2.8M LTO, how much will India, Bangladesh, Pakistan, Sri Lanka
and other developing countries when this shit goes viral.
How many more transactions would that rake in?

You have all the info in this thread you need to make up your mind.

>>26746911
have you used the erc20 to LTO bridge?

>>26745825
Live contracts designed for businesses
Land registry so sand niggers stop fighting over which cave they own
Diverse talented team sjw will probably love the shit out of which get more businesses attention

Are you that fucking dense.

>>26746911
Bridge ?

>>26747559
>>26747635
Yeah, ERC20 to LTO bridge.

>>26747765
isnt there a min amount ?
are you sending under that perhaps?

>>26748777
10LTO is the fee from erc20

>>26748777
>>26749052
Didn't read the directions. Sent 10 to test and it worked, just cost 10 LTO to complete transaction. kek

>>26750372
Glad you got it figured out wagmi bro.