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/biz/ - Business & Finance


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27968405 No.27968405 [Reply] [Original]

LTO Network is a hybrid decentralized ledger for securing, verifying, and exchanging critical enterprise & government information.
LTO's architecture separates private data sharing between existing systems from public network consensus which serves as a universal ledger.
This hybrid approach makes LTO Network GDPR compliant so that business and government (esp. in the EU) can legally use it.


Meta Use Case:
>scaleable inter-agency data sharing consortiums


Fundamentals:
>partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies, Chainlink
>already one of the leading cryptos for Tx/day (~100k)
>99.9% of Tx's are generated by paying clients
>100% of staking payouts derived from network fees (APY ~7%)
>clients have to purchase tokens from the market to pay for their transactions -- no OTC
Tokenomics:
>50% circ. supply already staked
>as clients start their own nodes, they will stake LTO themselves
>those staked tokens = non-circulating supply
>deflationary supply: 0.1 LTO burn every transaction; ~10k LTO burned daily
>~80M LTO held in treasury M&A fund
>M&A fund will not be touched until LTO price is much higher (maximize leverage of reserves)


Links:
>LTO in 1.5min:
https://www.youtube.com/watch?v=Obj9GhhgE8M
>LTO in 3 min:
https://www.youtube.com/watch?v=F4B5w0j4IQQ&feature=emb_logo
>in 30min /w /ourguy/ Rick (CEO):
https://www.youtube.com/watch?v=zMa4HwgoeMI

>/biz/ LTO white paper:
https://pastebin.com/D5ETj3Ks
>general profile:
https://upblock.io/research/LTO%20Network
>tokenomics faq:
https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/
>big brain deep dive:
https://blog.goodaudience.com/an-objective-look-at-lto-networks-token-demand-8ce15e658c2b?gi=eb25d30c38d1
----
>/biz/ LTO Node
https://xeno.finance

>> No.27968472
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>> No.27968506
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>> No.27968803
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https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf

>>27837476
Excellent previous thread for anyone who wants to deep dive while this one is still building.

>> No.27969064

>>27968803
That's actually a good read.
>Furthermore, the token did not really capture the value of the solution
because part of the network’s functionality was dependent on public chains outside of
our control. In fact, the token model seemed to exist solely for its own purpose, and not
to serve the underlying system. Community incentives for ecosystem growth turned
out to be very limited. We tried to experiment with discount token models, but we were
not satisfied with the results.
Comfy hold, comfy af.

>> No.27969126
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>>27969064
fuck PDFs

>> No.27969166

>>27968803
can anyone elaborate on riddleanons first few posts? they are dutch words, one means to grow rapidly and the other is rose (like the wine). not sure wat do

>> No.27969317
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>>27969064
>We’ve learned that economic incentives ought to be the main priority when designing a token economy. The incentives should be tailored to serve the needs of the adoption strategy of the solution, and marked out as an integral part thereof. This is due to the fact that it takes a lot of courage for companies to introduce new technologies into their daily operations, especially as disruptive and novel as blockchain. Therefore, it is crucial to demonstrate to them the economic benefits of adoption and to foster experimentation. You can only really achieve this by offering economic incentives. Our first product design lacked in this respect, so we moved on to a new design. In this design, incentives form an essential part, not only of the LTO token economy, but of the LTO Network as whole. This makes our solution natural.

>> No.27969360

>>27969166
Exponential transaction growth that ages like fine wine?

>> No.27970041

>>27968803
Bump for riddler anon

>> No.27970313
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27970313

is 2737 enough

>> No.27970925

>>27969360
hopefully! just didn’t seem to fit the theme of the rest of his posts.

>> No.27970943

Still crazy to believe we don’t even have any YouTubers talking about LTO. This coin is severely on the low and I’m glad I caught this early. LINK did big things for me financially and I’m incredibly bullish that LTO will do the same!

>> No.27970969

>>27969317
Holy shit comfy af

>> No.27971040

>>27970313
Better than none, 10k for suicide stack

>> No.27971065

>>27970313
If you hold long enough, definitely. Long term LTO is easily $100. That’s over 200K. Take that and flip it into another investment and you’ll hit a million easily.

>> No.27971064

>>27970313
10k SUI I've been told. But depends on your needs, aims, goals, wants.

>> No.27971134

>>27970313
Stake and hold. You can double that in 7 years just by sitting on it. DCA with new cash as you get it. If you're paying anything less than $2.50 and you're still early.

>> No.27971596

i cant believe this coin is real bros. I cant believe i am alive and here at the same time that this opportunity exists

>> No.27971712
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>>27971596
mfw I realize I'm unironically early for once

>> No.27971766 [DELETED] 

hey guys, if you want in on the next big altcoin join my discord server. we are the ones pumping these alt coins to the moon as a team. check out dexxon6 on twitter

>> No.27971951

>>27968405
its fucking over

>> No.27971983
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27971983

I like this table. Illustrates how LTO's unique Leased Proof of Importance
(LPoI) economic incentives work.

>> No.27972005
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>>27971766

>> No.27972043
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>>27971596
My main concern is that make it stack is not enough

>> No.27972326

>>27972043
Well the "make it" stack was calculated by dividing the circulating supply by 5000. So, by virtue of mathematical necessity, you are a top 5000 holder. That can't be a bad position to be in. I know for me 55k will be enough for me to make it as long as we hit a $10bil market cap -- which I think is entirely reasonable.

>> No.27972792

Cashing out my stonks for more LTO, currently leasing 5900k to our biz node it finally feels great to be in on something early and unfuddable

>> No.27972932

>>27971065
I think we need to temper expectations, LTO is for gradual business optimization, and there’s the shakeout phase where the price stabilizes and idle investors leave. I think it could reach top 15, which would put it at around $10-20, but I have trouble seeing it make a world changing market cap. And the numbers add up at $20: 10k stack is sui which gives you 200k, 55k make it stack gives you 1.1mil

>> No.27973129

>>27972043
I honestly believe you have a great position, I have just 14k and leasing it to several nodes including the biz one, feeling pretty good about it

I genuinely believe this dutch coin is delayed on the bullrun and a pump is imminent and quite inevitable. 5x at least

>> No.27973215

>>27972932
Ya in my mind $25/$10bil market cap is a realistic projection. I do find it interesting that Rick (CEO) talks about what essentially amounts to a universal data sharing consortium in the EU and in the same breath pitches LTO's capability of facilitating such a network. I have realistic expectations, but I also don't discount the possibility of LTO establishing a monopolistic position in the EU -- in which case, perhaps, more than a $10bil market cap is possible.

>> No.27973432

Should I buy more at around 25c? I've already bought around 10k. Not sure if I should buy now or wait for a dip to around 20c.

>> No.27973973

>>27973432
That's probably like asking if you should buy ETH at $20 or $25 five years ago or whatever. The best approach probably is to FOMO into a strong initial position and then DCA new cash into every month from there.

>> No.27973980

>>27973432
no ones able to tell you anon. all i know is that im DCA'ing all the way to 50c

>> No.27974937

when another 20k LTO is withdrawn to mainnet, the binance wallet will be under 50mil coins

>> No.27975048

>>27974937
I'm literally entering 2FA rn to withdraw 4k from Binance...synchronicity?

>> No.27975191

>>27974937
>>27975048
I might contribute to that by adding 2k more LTO to my stack, just not sure if I'm catching daggers and if this is a decent time because I don't know what BTC is planning to do.

>> No.27975196

>>27974937
Done. 16k left.

>> No.27975272

>>27975191
I just cashed in the last of my strategic reserve of BTC. If it crashes, fine, I'll scramble to find some fiat to boost my buy average, but I just can't help but feel that this thing is a coiled spring ready to explode.

>> No.27975311

>>27975191
btc's a cunt but in a year or two when the price is $1-5, it won't matter too much what price you bought between 20-30c honetly. DCA

>> No.27975927
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27975927

>>27974937

>> No.27975960
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>>27975927

>> No.27976244

>>27975960
Who do top 2 wallets belong to? I assume the top one is devs, not sure about the second one.

>> No.27976390

>>27976244
I believe the second one is the LTO M&A fund.
>~80M LTO held in treasury M&A fund
>M&A fund will not be touched until LTO price is much higher (maximize leverage of reserves)

>> No.27976416

>>27976244
Bridge wallet and dev wallet pretty sure

>> No.27977055
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27977055

/ournode/ is 69372 LTO away from a flippening with the Binance stake!

>> No.27977532
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27977532

get all up in this dip

>> No.27978504

>>27977055
is anyone concerned about this? i think the goal is to ensure one staking pool doesnt get too large, they were targetting 5m as a max amount before we should allocate to other pools.
Does anyone know how hard it is, or the requirements to set up a node? I have a 100k stack so if no one else wants to, i might set up a second biz node

>> No.27978670

also, just reading the token economy paper. found it interesting that they explicitly mention that companies can participate in the network without owning or purchasing their own token. they can just spin off a node, get people to lease to them and then run it at net zero. seems conducive to business adoption if they can’t commit upfront capital

>> No.27979927

>>27978504
>is anyone concerned about this?
Maybe other nodes should be less greedy and put their return at 99% too.

>> No.27979971

>>27977532
Next week I'm putting 700€ more into this.

>> No.27980033

How much LTO should I wait for until I start next lease? I currently have 300 available.

>> No.27980305

>>27980033
400-500

>> No.27980340

>>27980033
The fee of 1 out of 300 0.33% of that.
The fee of 1 out of 500 is 0.20% for example.

I'd say re-leasing above 400 is good enough.

>> No.27980354

Binance wallet now under 50mil. Drain it boys

>> No.27980843

909 make it stacks left on Binance. What happens if by some miracle Binance wallet gets trained eventually?

>> No.27980932

>>27980340
I'm leasing everything to our node. I assume this is okay, or should I cancel all of these leases and make a 'single' one?

>> No.27980979
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27980979

>>27980932
Forgot pic

>> No.27981399

>>27980932
>>27980979
Don't cancel, just add new ones. If you cancel and re-lease you're wasting the 1LTO fee that you paid for the initial lease.

>> No.27981968

>>27980932
Unless you mean your leases to other nodes, in that case wait for payout and re-lease to the biz node, the return difference will make up for it.

>> No.27982260

>>27981968
Everything is being leased to biz node

>> No.27982716

>>27971596
Same man
I feel like in an alt realty
Simulation
Psychosis

>> No.27982891
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27982891

>> No.27983126

>>27982260
Then just keep making new leases.
>>27982716
I'm all in on this and AVAX and I can't fucking believe it.

>> No.27984033

small bag with 4,2k here
can i stack lto on binance and is it worth it with ~4k?

>> No.27984239
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27984239

>>27982716
Were getting more than Tendies

>> No.27984309
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27984309

>>27982891
Ok, this made me FOMO the very very last oomph - I'm now 75% of my savings into crypto and 25% in FIAT. Got 5090 LTO @ ~0.24770. This is seriously it lads. I'm satisfied with this amount and it brings me mathematically to top 4500 wallets.

> 60750 LTO @ AVG 0.234$ purchase price

>> No.27984521

>>27984309
nigga u in the top 500 wagmi

>> No.27984578

>>27982891
explane i retard

>> No.27985689

>>27984033
No can't lease/stake from binance. Need to setup LTO mainnet wallet and transfer to there. And yes you may as well do it if holding longer than a month. It's free coins

>> No.27985968

Set it up anon, I can Join within the next couple weeks with a make it stack

>> No.27986042

Around 900 make it stacks left on binance.

>> No.27986140

I think Anon is showing that there is a clear W pattern forming and its about ready to burst, and that means green candles straight up the ass Anon

>> No.27986766

>>27984578
Looks like the pattern is repeating, we in for a poompa.
If you look at the buy pressure on the bottom you can see it looks like it's going up from here.
Not too smart myself, just my observation

>> No.27986812

>>27981399
and dont forget the time it takes for lease to start generating (~16hrs)

>> No.27986864
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27986864

most shilled coin on biz

>> No.27986918

>>27986864
People are beginning to realize...

>> No.27987896

look at some of the absolute dogshit in the top 100. fuck me, it can’t be too long before we are in front of these crap projects

>> No.27988141

100%, this project deserves to be in the TOP 100. I hope Anons are actually paying attention, this is your Next LINK.
LTO is literally about to pump.

>> No.27988349

>>27978670
have you ever been paid to pay a bill?

>> No.27988495

80k stack here either I chill on the beach or I lie breathless behind a dumpster

>> No.27988942
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27988942

Autists, Anons, and retards, listen up.

SKL (Skale Network) looks promising to improve security and speeding op shitcoins to your wallets. Do we think it can pump from $0.15 to total cap $2.1 and are we ready to shill the shit out of this bitch because it hasn't had a big pump yet?

How do you faggots feel about this coin? Enlighten this fellow tard.

>> No.27989023

>>27988942
You havent done the math.

>> No.27989309

>>27988942
Enlighten your ass on my dick lmao

>> No.27989349

>>27988942
How dare you come to El Tio's lair and speak of other coins. Blasphemy!! You must offer your wife or lover to ride El Tios thick cock as penance

>> No.27989470

>>27988495
same anon. literally 100% of my networth is in LTO now. ride or die bitches

>> No.27989492

Got 10 thousand staked. Have enough to do another 10 or I might put it into Trac origin trail. Any opinions?

>> No.27989522

>>27988942
your asshole can skale with my girthy cock

>> No.27989578

gonna hit 5k stack next week bros. thats a lot for a wagecuck like me, im basically going all in with my liquid assets and will be forced to live a rice n beans lifestyle for a while if i wanna hit 10k.. pray for me

>> No.27990027

>>27989492
you're in an LTO thread anon, what you think we're gonna say. trust your own research, both look decent. go whichever has superior tokenomics

>> No.27990262

Holding a coin has never been so fucking comfy, going to sleep without worrying my shitcoins is gonna dump on me and waking up comfy. This is the fucking life bizraelis

>> No.27990275

Bought 403 on binance with my poor noob $100, hoping it pumps.

>> No.27990641

What's the best way to re-invest my payouts?

Do I open another lease after each payout, or do I close my current lease, and then open a new one including the latest payout?

>> No.27990803

24 Cent stablecoin

>> No.27991269

>>27989578
More i read the more i'm convinced to go all in. Buying another stack of 15k in two days. Either go big or fall. I want to live off my dividends.

>> No.27991440

>>27990641
think that depends on your node and your payout bounty. if you're re-leasing a weekly payout of 2 LTO (just to give an extreme example), you can probably figure out why that isnt worth it..

>> No.27991484

Poompa imminent

>> No.27991585

Wish I had more than 5000.
Wish I could buy more before the moon mission, but alas.
Glad I got in at all tho

>> No.27991766

>>27991585
you still have time

>> No.27991844

>>27991766
I have time, but don't have money, hahaha

>> No.27991990

>>27991844
checked and fair, im with you haha. im about to hit 5k and be out of cash too. wagmi together broski

>> No.27992327

any news on ledger support? i can see there is an unofficial one, but rather not install that

>> No.27992552

>>27992327
tell ledger you want it. the more people request it the sooner it happens

>> No.27992903

>>27991440
Ya I can see that. I think monthly will do