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/biz/ - Business & Finance


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27890733 No.27890733 [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 [Embed]
>in 30min /w /ourguy/ Rick (CEO):
https://www.youtube.com/watch?v=zMa4HwgoeMI [Embed]
>Required Reading: /biz/ LTO white paper: https://pastebin.com/D5ETj3Ks
>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.27891744
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27891744

>> No.27891803

OOOOOOOOOOOOOOOO

>> No.27892001
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27892001

https://www.youtube.com/watch?v=zMa4HwgoeMI
(18:09 to 19:43)

Frens, I just listen to this portion of the interview like ten times in a row...let me know if I'm reaching here, but let me make a case:

/ourguy/ Rick has BIG plans for LTO. He wants to create an empire in the EU.

>Interview Question: "When are you going to collaborate with other countries or governments?"

>Rick: "Obviously it is a long and lengthy process TO INVOLVE EVERY COUNTRY IN EUROPE... parties need to collaborate."

>[explains how public-private integration is not only necessary, but unavoidable — but a considerable source of economic friction]

>Rick: "Because everyone needs to participate IT IS REALLY HARD TO FORM A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED"

>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED

>CONSORTIUM — definition: "an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member"

/OURGUY/ IMMEDIATELY follows up with a pitch for LTO to realize that objective.

/ourguy/ continues:
>"Until everything is on-chain, I think we're another decade from now".
But the other times I listened to this interview, I merely interpreted this as meaning everything will be "on-chain" in general, across the crypto space. But now that I'm really listening carefully, I think he is inferring that EVERYTHING WILL BE ON THE LTO NETWORK (in the EU, at least). By "everything" he means this monolithic CONSORTIUM he keeps referring to... the LTO CONSORTIUM.

>> No.27892537
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>> No.27892958

>>27892001
probs a stretch but certainly won't complain if it turns out true

>> No.27893358
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27893358

I'm never gonna get a 100k stack with the price increase

>> No.27893361

good morning gents

>> No.27893577

Tought it might go back to crabbing at .24, but it hasn't gone below 25 lmao.

>> No.27893726

Wonder where we're going to top out

>> No.27893786
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27893786

riddler compilation pic. he keeps asking 'how many LTO are available right now?'.

watching the 30min vid (https://www.youtube.com/watch?v=zMa4HwgoeMI&feature=emb_logo)), [Embed] 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...

also

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.

also

https://pastebin.com/D5ETj3Ks

>> No.27893799

>>27893358
just sell some linkies, ez

>> No.27893854

also for those anons that missed it

https://www.channele2e.com/investors/mergers-acquisitions/box-buys-docusign-alternative-signrequest/#:~:text=Box%20is%20acquiring%20cloud%2Dbased,to%20close%20before%20May%202021.

signrequest is one of LTOs biggest clients. box.com is a NYSE listed company, marketcap of billions

>> No.27893886

>>27893786
I think that coinstats is working, it just takes a full weak to count the tx and update the weekly stat.
They restarted the api already so i think it will update next few days.

>> No.27894249
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27894249

>> No.27894411
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>>27893358

>> No.27894827

>>27892001
He mentioned waste trasnportation, which has the EU stakeholders involved,

https://origin.ltonetwork.com/use-cases/waste-transport-on-blockchain/

is the relevant case

>> No.27895044

>>27894249
Just keeps going up.

>> No.27895138
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27895138

>>27893786
>The supply squeeze may be bigger than first thought...
Binance wallet is under 52m
And 129m staked
Pretty bullish no one is selling

>> No.27895293

should I buy monsieurs?

>> No.27896131

>>27895293
I have a JEW ID so that makes me a financial advisor
buy or miss out

>> No.27896625
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27896625

Lads what is the math? Can an anon bread crumb me?
272,948,004 / 403,395,188.
Rick stated (not accounting for dev wallet) - 2/3 of Supply is currently staked.
Current MC 6.2.21 - $73,242,749 - MC Rank: #234.
A key statement I found where I think alot projects will fuck up in the future that LTO has
got covered is that it's cucking down to regulator "Not battling with regulators -> compliant blockchains."
I don't know the math, however the /x/ in mean is telling me there's some serious
face melting shit coming our away before the decade is over.

>> No.27896725

>>27890733
imagine still holding this shit lmao

>> No.27896762
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27896762

>>27896625
Could be the supply dwindling and early integrators and clients profiting from the network.

How high will this pump go?

>> No.27897672

I don't know the Math, but the /x/ in me is making me think Riddler is not a psy-op and genuinely want's to see if we can figure this out. The fact they're partnering soon with ChainLink has me bullish and the global climate around Digital ID/KYC verification and more has me investing my time to try figure this out.