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/biz/ - Business & Finance

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27878050 No.27878050 [Reply] [Original]

LTO Network is a hybrid blockchain focused on enterprise & government utility.
It’s the backend platform for any system or application to trustlessly integrate with.
The unique architecture makes it GDPR (EU) compliant and extremely scalable.

Use cases vary from:
- Anchoring existing systems for data integrity
- exchanging data on processes that run between organizations in an efficient and secure way
- and soon digital identification of individuals and your companies when doing business online. (defi for business)

With a focus on partners that build domain specific applications, like in education, healthcare, and the government.
Those partners sell their applications to B2C, B2B, but also Government2Citizen.

>50% circ. supply staked. Staking rewards paid entirely by clients, 0.25LTO every transaction.
>Deflationary supply. 0.1 LTO burn every transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report
https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/

>2021
LTO recently just released the technical roadmap:
* More details around LTO Network 3.0
* DID (Decentralized Identity) solution for businesses (business passports)
* Even more use cases going live in 2021

Links:
>LTO in 3 min:
https://www.youtube.com/watch?v=F4B5w0j4IQQ&feature=emb_logo
>in 30min:
https://www.youtube.com/watch?v=zMa4HwgoeMI
>"An Objective Look at LTO" (big brain article):
https://blog.goodaudience.com/an-objective-look-at-lto-networks-token-demand-8ce15e658c2b
>tech
https://www.ltonetwork.com/tech/
>Use cases:
https://origin.ltonetwork.com/use-cases/
>Clients:
https://ltonetwork.com/partners-clients
>Staking and leasing:
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide
>2021 digital identities
https://www.ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf

https://www.coinstats.network/
https://upblock.io/research/LTO%20Network

---------

>/biz/ LTO Node
https://xeno.finance

>> No.27878090
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>> No.27878122
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Previous thread: >>27847200
An absolute gold mine, that last thread

>> No.27878153
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27878153

>>27878090
slightly updated pic for you anon

>> No.27878202

>27c

yep, I'm priced out. It's over.

>> No.27878275
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>>27878122
Proper link: >>27837476

>> No.27878357
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obligatory riddler compilation

>>27878202
what does it matter if you bought anywhere between 20-50c when its 5+ dollars in a year or two. DCA all the way up boyss

>> No.27878435
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27878435

I got so lucky to buy 120 LTO @ 0.24950 and 5200 LTO @ 0.25073. My transaction completed at the exact moment of the bottom of the dip.

The fact that this brings my stack to >55k and that I got this timing is a sign that WAGMI lads

>> No.27878565

>>27878357
he keeps asking 'how many LTO are available right now?'.

watching the 30min vid (https://www.youtube.com/watch?v=zMa4HwgoeMI&feature=emb_logo)), Rick mentions that if you don't include team coins (M&A etc), the supply being staked is closer to two thirds. The supply squeeze may be bigger than first thought...

>> No.27878685

Where to buy sirs.

>> No.27878690
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>>27878435
I'm so bullish on this that 53% of my total savings I've accumulated these last 3.5 years have gone to LTO and ROSE in a matter of days.

Top 4k wallet secured. W A G M I

>> No.27878731

>>27878685
binance

>> No.27878791

>>27878690
I've literally got 100% of my networth in LTO kek. in a years time I'll either be broke or quiiiite comfy. im young so won't be too bad if its the former. though something tells me ill be just fine ;)

>> No.27878806
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>CEO is known for scamming
>The team claim to have been working on it for 4 years but their website was created last year
>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher
>They are using IBM cloud to host useless documents and claim they have a partnership with IBM
>The token was only created to get funds in the ICO, is useless, and could be replaced by a stablecoin
>"Partner" with the government of Netherlands which is a dying country which hit its highest GDP in 2008
>Shilled by paid pajeets on /biz/
>They recently fired 2 employees involved in child trafficking
>Pic related is OP, working as a freelance to shill LTO

>> No.27878847

>>27878806
then what should i buy?

>> No.27878957

>>27878847
Anything but this scam token. BNB is a much safer choice and has a bigger potential ROI

>> No.27879013

>>27878806
sorry ranjeet, LTO is literally unfuddable. you had weeks to buy in under 25c. snooze you lose

>> No.27879041

>>27878806
How long do you have to wait until your ETH are released from Coinbase?

>> No.27879054

>>27878806
This, everyone sell!!!

>> No.27879612

>>27878806
>>CEO is known for scamming
Source?
>The team claim to have been working on it for
There are videos on YT from as far back as May 2018 from LTO, they've obviously been around for longer than a year
>The token was only created to get funds in the ICO, is useless, and could be replaced by a stablecoin
99% of network transactions are utility related; therefore the token is not useless because obviously they are being used

>> No.27879704

>>27878806
>>27879054
Yea sell people, I also need to load up some more before we take off

>> No.27879768
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>>27878806
>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher
It is decentralized because the nodes are decentralized and the stakers are widely distributed. Sure, there is a large treasury reserve of LTO that is reserved, but that's how proof-of-stake rollouts have to work. Look at Hashgraph as a similar example.
>"Partner" with the government of Netherlands which is a dying country which hit its highest GDP in 2008
Not even a real argument
>Shilled by paid pajeets on /biz/
Not a real argument
>They recently fired 2 employees involved in child trafficking
Source?
>Pic related is OP, working as a freelance to shill LTO
KYS

>> No.27879772

HOLY FUCK IM COMFY AS HELL

>> No.27880182

>>27878957
Okay nigger, now leave, this coin is UNfuddable

>> No.27880571

>>27878957
are you mentally handicapped by any chance?

>> No.27881642

https://pastebin.com/D5ETj3Ks

>> No.27882752
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>> No.27882887

>>27881642
This should be stickied in the /LNG/ OP

>> No.27883131

>>27881642
>Just plain and simple; as usage increases, more tokens are needed to fund those transactions and more buying pressure comes into play.- On top of that, as companies start their own nodes, they will stake LTO in these mainnet nodes themselves to get rewards back. Those staked tokens can be considered non-circulating supply, as they are not actively traded. So, while demand increases, the offer side decreases.
GET PAID TO PAY YOUR BILLS

>> No.27883422

>>27882887
getting to the point we're running out of characters. was the anon posting the general for a few days this week but my IP has since been banned. gl carrying the torch

>> No.27883761

https://www.coinstats.network/under-radar
imagine where the dot would be if the API worked and LTO showed with 600k txs for the week. even at 350k it still shows as super undervalued. wagmi

>> No.27884938

>>27883422
It's worth finding some room. That pastebin is pretty much the /biz/ LTO white paper

>> No.27885059

LTO is pure garbage and a scam i cant imagine who would buy this piece of raj shit in the street. all wallets will get STOLEN.

>> No.27885138
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>>27885059

>> No.27885350

>>27885059
kek

>> No.27886391
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>> No.27887946
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>> No.27888154

why this coin instead of HBAR?

>> No.27888526

>>27888154
Good question...I own HBAR too, its one of my favourite projects. My conclusion is that HBAR is based out of the US and complies with US regulations. LTO is based in the EU and specifically adheres to GDPR compliance standards. In fact, the Dutch government and the UN are already involved with LTO.

>> No.27888686

>>27888154
Also:
>>27886391
It appears that LTO is a serious competitor to HBAR, at least in terms of being successful at ramping up utility network transactions. 99% of LTO network transactions are from actual real world usage. Again, I have gathered that most of this usage is coming out of the EU.