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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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27692211 No.27692211 [Reply] [Original]

Shill me LTO
Why it's going to moon LTO chads?

>> No.27692389
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27692389

>buying at the top
never change.

>> No.27693068

>>27692211
Because DUSK will be handling all the Firm 24 business with LTO. Both go hand in hand.

>> No.27693156
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27693156

>What 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.

>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.
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

>> No.27693322
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27693322

>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.
just hit 100k 5 days in a row.

>> No.27693374
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27693374

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.

>> No.27693377
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27693377

>>27693322
>low cap
KEK

>> No.27693431

Oh shit it actually dumped quite nicely now, seems like a good entry point

Cheers for the thread

>> No.27693646
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27693646

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.

>>27693377
It is compared to the other networks in top10 most transactions.
And their transactions dont mean much, while LTOs tx from clients fund entire staking rewards at 7% deflationary apy.

>>27693068
That's not why it's going to moon.