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/biz/ - Business & Finance

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28145894 No.28145894 [Reply] [Original] [archived.moe]

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

- - -

>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

- - -

>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)

>LTO in 1.5min:
https://www.youtube.com/watch?v=Obj9GhhgE8M [Embed]
>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]
>white paper
>/biz/ pastebin:
>general profile:
>tokenomics faq:
>big brain deep dive:
>/biz/ LTO Node

>> No.28146146

Reminder that LTO is illegal and you may have to pay a fine if you are holding it
>CEO is known for scamming and pathological lying, has spent most of his childhood in psychiatric hospitals
>The issuance of the ERC-20 LTO tokens have a tradeable asset versus the staking asset. This could certainly flag the ERC-20 LTO token as a security at the SEC, and the resulting measures taken against the LTO Network would be anything but good. T
>The whole process of having three different tokens (native, ERC-20, and BEP-2) is confusing and punnecessary.
>The team claim to have been working on it for 6 years but their website was created 2 years ago
>LTO is centralized, slow, and the tokenomics are unsustainable if the price gets higher than $0.5 as it would force clients to pay much more than if they were using a regular a regular company.
>They are using IBM cloud to host empty PDF files and claim they have a partnership with IBM
>The token was only created to get funds in the ICO and could easily be replaced by a stablecoin
>Their only real partner is the government of Afghanistan, which has the 7th lowest GDP per capita of the entire world in 2020 according to the IMF
>Most if not all of their marketing budget goes into paying pajeets to shill their scam on /biz/ and Telegram
>There's no proof that all 60 clients LTO has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make LTO more appealing to investors.
>In fact the CEO explained several times that they are giving free tokens to companies to try out their system, and you wouldn't know if these companies stopped using LTO and their transactions were replaced by fake ones.
>IOTA will be able to perform LTO's entire usecase for free. LTO is a fork of waves which offers no real innovation and will be replaced by IOTA

>> No.28146222
File: 1.35 MB, 1234x818, 1591306598824.png [View same] [iqdb] [saucenao] [google]

>CEO is a long time friend of Jed McCaleb and Mark Karpelès, he was the mastermind behind the rise and fall of Mt. Gox
>Most members in the team are trainees with no experience, only the Lead Architect is talented but he was diagnosed with prostate cancer last month
>The parent company of LTO, Firm24 has lost customers and is close to bankruptcy after a scandal involving 2 employees who participated in child trafficking
>Pic related is OP, working as a freelance to shill LTO
If you are a newfag and wonder if you should buy LTO or not, do yourself a favor and use filters to hide every LTO thread. Do not listen to the paid shills ITT unless you want to end up broke.

>> No.28146337

0.30 waiting room

>> No.28146376
File: 174 KB, 1055x1568, 1599122744811.jpg [View same] [iqdb] [saucenao] [google]

Oh and for those who don't know this is the CEO before starting his scam token. As you can see he really doesn't look like someone you'd entrust your money to.

>> No.28146450
File: 33 KB, 788x699, 1612470807472.png [View same] [iqdb] [saucenao] [google]

I know you're an LTO whale...don't worry, I won't tell anyone...

>> No.28146542

You convinced me. I’m out.

>> No.28146608


>> No.28146616

Lol hurry up and get you bag

>> No.28146708
File: 21 KB, 510x340, 1E64E999-5A33-4297-983D-21E97C4909DA.jpg [View same] [iqdb] [saucenao] [google]

What is the make it stack again?

>> No.28146719

10k stacklet and already leasing,am i gonna make it?

>> No.28146799

Whats the make it stack and whats the suicide stack?

>> No.28147206

10k sui, 55k make it, 120k citadel

>> No.28147262

I like the idea of LTO but I dont understand why certain countries wouldnt use a centralized database instead of a blockchain for alot of their more sensitive data. Afghan makes sense bc they prob lack the infastructure and one of the primary use cases first proposed for blockchain tech was land registry (e.g. deeds). I also did look into the “IBM” partnership and I couldnt find anything on it from IBMs side. I also agree, a stablecoin would make more sense for this type of project. I also don’t understand the current low price since they have top 10 blockchain transactions (so they say). It should be way more than 29 cents bc the coin is deflationary due to tokenomics of small coin burn percentage for each tx. I think there are ghost transactions occuring on their network. I was previously invested in this project btw, it seemed/seems very promising. Im just not sold enough on it as an investor knowing its gonna be a slow pump anyway pricewise

>> No.28147270

Only have 5000, wish I could make it, feel unironically awful

>> No.28147539

Feeling great with 5k think positive anon

>> No.28147599

I had 15000, but because of medication side effects and insomnia, I aped into a dumbass PnD coin, fell asleep and dropped from 15000 to 5000

>> No.28147826

damn im probably gonna be a stacklet, I can probably build at least a sui or two but it would take some time

>> No.28148211

It will be a stable coin one day anon... when it's $100. You have yet to do the math

>> No.28148297

if those 5k are expendable, then its a great amount to start and diversify

>> No.28148376

whats a citadel

>> No.28149123
File: 210 KB, 700x744, 8948948498498.png [View same] [iqdb] [saucenao] [google]

LTO is undervalued because this is not a rational nor efficient market. This is why Dogecoin is worth $10 bil and a platform like LTO, with real utility and active network usage, is worth less than $100 bil. Genuine value investing opportunities are precious few and there is a lot of reasons to believe this is unironically undervalued. There is obviously always risks and nothing is assured, but from a risk/reward perspective, LTO is a screaming buy in my mind.

>> No.28149260

I used to hold PRQ as my main, but I recently swapped over before the pump. I'm now 70% LTO 30% PRQ, and I'm leasing to biz node. The more i read about this shit, the comfier I get.

>> No.28149452

Buddy of mine saying lto withdrawals from binance paused atm. Anyone else have this or is he just retarded?

>> No.28149548

Interesting if true. I withdrew earlier today. Can anyone confirm?

>> No.28149687

ok ranjeesh

>> No.28150288

Can't confirm nor refute. My LTOs are comfortably sitting in the LTO wallet and yield me a nice return.

>> No.28150335
File: 201 KB, 723x666, 1564849592176.png [View same] [iqdb] [saucenao] [google]

if LTO will make me broke, guess i'm going to be really really fucking broke

>> No.28150758

Dracula Protocol $drc is going to make moves. Look at anything that launches a legit product. It all pumps. v2 is going to be massive. 100% unique codebase, 100% new partner pools.

>> No.28150883

We may break 30c in minutes

>> No.28151219
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>> No.28151255

A safe haven for when SHTF

>> No.28151345

The price has pumped bc of inside trading before some spicy news.

Not financial advice.

>> No.28151410

Stop I can only get so erect

>> No.28152000
File: 81 KB, 1031x790, Screenshot_20210209-024447_2.png [View same] [iqdb] [saucenao] [google]

Kek lads ROSE Serbian lad here again, gave it literally my last oomph (for Xth time, but for real this time), got my stack up to nearly 61.5k. I would've liked 65k but I'm satisfied enough with this as well (anything above >makeit stack is a bonus).

Let's all make it frens

>> No.28152030

I mean I hope that’s the case but it’s pumped alongside BTC, no?

>> No.28152178

It has, but the truth is that /biz/ has finally done the math and is sucking up the supply like a vacuum.../biz/ node has 11 mil staked right now

>> No.28152412
File: 22 KB, 615x219, LTO.png [View same] [iqdb] [saucenao] [google]

Binance wallet literally lost over 700k tokens in about 24h period

>> No.28152610

/biz/ node just surpassed the Binance node for staked LTO a few days ago, too. Keep in mind, if you want to buy LTO, Binance really is the only deep source of supply...

>> No.28152642

>shill me on ROSE

>> No.28152731
File: 120 KB, 399x400, MRDNbt9.png [View same] [iqdb] [saucenao] [google]

>0.3$ stablecoin

>> No.28152885
File: 35 KB, 714x791, 7608B24B-FA21-40C1-BEA0-0B55338992E2.jpg [View same] [iqdb] [saucenao] [google]

What’s the biz node?

>> No.28152984

Based anon who runs it pays out 99% of staking dividends (1% pays for fees he incurs).

>> No.28153407

This is LTO thread though. Search through the archives and DYOR. I'm 54% ROSE / 46% LTO.

>> No.28153496

midwit coin that is destined to fail

>> No.28153702

I'm so glad I'm not accumulating anymore and that my bag is ready. I aped in for most of my stack at .23 - .24 and I remember how I was in full shitting bricks mode while it kept pumping.

>> No.28153816

Multiple yahoo finance articles, used by the UN... it has a market cap 20x less than iota and they are all going ballistic cause iota got one partnership lol

>> No.28154313



>> No.28154372

It's happening

>> No.28154756

>30 cents
>screaming buy until $3.00

>> No.28154825
File: 142 KB, 360x346, 111157575421.png [View same] [iqdb] [saucenao] [google]

>already below 0.3$
>LTOutlaws on suicide watch

>> No.28155126

you have to change your id with a VPN before trying to legit FUD this project, you already lost your cred with that one

>> No.28155243

500k more lto withdrawn from binance in just a few hours

>> No.28155383

this is just all midwit fap material that will end with this being worth 3 cents in 2022

>> No.28155473

Holy shit we're not stopping are we

It's like some insider news or something happened

>> No.28155644

Maybe. Though DESU if this market was rational we'd have broken $1 months ago.

>> No.28155654

>he said this at 20c
>he said this at 24c
>he said this at 26c
>he said this at 28c
>he is saying this at 30c
>he WILL say this at 5$ EOY

>> No.28156497

weak FUD, I prefered it when you told us the CEO was a schizo.

>> No.28156530

im a different FUD guy

>> No.28156563

Dracula Protocol ( $DRC ) will partner with $badger for their v2. Also, the $yfl dev is building their front end. This shit is about to be epic. Check out the chart, rounding nicely and ready for take off.

>> No.28156597

do I need to buy LTO on uniswap to use the biz node?

>> No.28156854

I would unironically hire the XSN FUD guy if he's available. I wanted to accumulate some more

>> No.28156912

No, buy on Binance and withdraw to LTO wallet.

>> No.28156924

you can buy it anywhere, but you have to send it to your lto wallet

>> No.28157292
File: 108 KB, 1280x823, 765786786.jpg [View same] [iqdb] [saucenao] [google]

Great interview with /ourguy/ Rick, the CEO:

>> No.28158155

bros im leasing my coins to biz node but it still says generating 0 sry im a noob help does it take a week or someting

>> No.28158329

Yes, payouts are done weekly on Saturday.

Read more about it on xeno.finance

>> No.28158348

Don't worry about that, takes a few hours for things to kick into gear on the node's end. Your LTO is staked, check in on Saturday to see your dividend.

>> No.28158544

i swear this shit perfectly correlates with REEF's price. was trying to do a 10x there in order to dump it on LTO.

>> No.28158554


>> No.28158571

Sentinel Dvpn is for the man of culture OP.

>> No.28158753

If the price of the coin increases, do the staking rewards increase in value proportionally?

>> No.28158961

Hey the guy knows his corn. If he applies that sort of passion to the crypto market then I see no problem here.

>> No.28159047

Where do these 'real values' come from?

>> No.28159141
File: 62 KB, 749x413, passive-staking-decrease-apy-future.png [View same] [iqdb] [saucenao] [google]

LTO was at 6-7% APY when it was at 2 cents, and it has maintained that yield up to 30 cents. As the network grows and Tx/day go exponential, this trend will likely remain for some time. HOWEVER, see pic related. The end game (if/when LTO is 2-3 digit price), the APY for passive staking WILL NOT be this high, and will probably be around 1% or less. This will occur as the network fully transitions to the Leased Proof of Importance model. This is why it is important to accumulate a large stake early on because in the mid to late stage the price relative to APY will not be at all attractive to retail investors who don't already hold.

>> No.28159266

The variable used to calculate RV is the current Bitcoin price. This was selected because it is the obvious universal point of reference with which to compare the value of all these digital assets. Article from which the pic was taken is here if you want to DYOR:

>> No.28159447

My LTO stock doin a lil sumthin

>> No.28159639

This. But it will take a long time. Look at the amount of staked LTO by the community. It'll be awhile until corporations catch up with this. When the customers staking far outnumbers the community staking, then it will be not profitable anymore for us. By then, the token price will be at $30+

>> No.28159742

You can only make me so hard

>> No.28159861

And if you accumulate a "make it" stack early on, even a 1% APY at $30 will be enough to finance your lifestyle (mine, at least). It's like how the wealthy elite own these blue chips stocks that yield a dividend of 1-2%, but they literally never have to sell because the own so many shares that the nominal value of that dividend finances their lifestyle.

>> No.28159935
File: 118 KB, 750x920, IMG_20210209_045414_106.jpg [View same] [iqdb] [saucenao] [google]

Let me make you harder. LTO will buy existing projects and add their marketcap to LTO.

LTO is a vampire that will suck the valuable essence out of other projects.

>> No.28159998

Are you cooooming yet?

>> No.28160038

I can live off of $150k per year. No problem.

>> No.28160059
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>> No.28160162
File: 24 KB, 544x472, 1612472276461.jpg [View same] [iqdb] [saucenao] [google]

My current stack (x) $25 LTO (merely ~$10 bil mk cap, nothing insane) (x) 1% APY = triple my gross income right now....

>> No.28160325

OK I had to APE in, I'm 90% in crypto now LMFAO

Someone left their bot to work on .295 - .30 cent range on Bitmax, I had to jump in to get my stack up to 65k.

>> No.28160466
File: 107 KB, 949x1280, 4684864864.jpg [View same] [iqdb] [saucenao] [google]

>inb4 $100 mil mkcap

>> No.28160559
File: 29 KB, 1899x180, YOLO.png [View same] [iqdb] [saucenao] [google]

I literally went for my card as soon as I saw the bot running, was a risky gamble but it paid off.

>> No.28160763

Actually, we're now past $100mil market cap in leaf bucks, for any leafs out there.

>> No.28160877

Fellow leaf here, wgmi desu

>> No.28160958
File: 30 KB, 778x470, canuckistan-m0-money-supply.png [View same] [iqdb] [saucenao] [google]

WAGTMI...but leaf bucks aren't

>> No.28161162

Wouldn't that be 16500 usd? Where do you live?

>> No.28161794
File: 10 KB, 834x214, OjbwpgT.png [View same] [iqdb] [saucenao] [google]

ok i leased my lto yesterday. its weird doesnt show you live stake

>> No.28161844
File: 80 KB, 1028x796, Screenshot_20210209-051549_2.png [View same] [iqdb] [saucenao] [google]

We are so making it lads

>> No.28162084

What country should our first formal meeting take place in? It'll be the annual LTO bilderberg type meeting

>> No.28162554

We will create a committee of 300 of our own and determine the fate of crypto (or companies using LTO) in a few years time.

>> No.28162764

imagine the smell

>> No.28163896
File: 4 KB, 188x150, Screenshot_2021-02-06 LTO Network Wallet.png [View same] [iqdb] [saucenao] [google]

200k stacklet checking in

>> No.28163946


>> No.28164102

200k feudal lord stack

gibsmetdat hwyt boi biden said so

>> No.28164118


I like how this is one of the few threads where holders report in and actually provide proof that they hold compared to countless shill pajeet tier threads

>> No.28164736
File: 6 KB, 227x222, 9F831A5A-29C9-429A-B99E-49F342972887.jpg [View same] [iqdb] [saucenao] [google]

I’m going to CUUUUUUUUM!!!!!!!!!!!!!!

>> No.28165117
File: 34 KB, 859x439, Screenshot_2021-02-08 Rick Schmitz - CEO - LTO Network LinkedIn(1).png [View same] [iqdb] [saucenao] [google]

lets play guess who

>> No.28165410

That's rick, easy

>> No.28165499

Who is someone who understands EU regulatory & GDRS legislation and how to design systems that are compliant with those regulations?

>> No.28165673


>> No.28165915

Ricky Schmitzpants!

>> No.28165947

>I can live off of $150k per year. No problem.
How did you get that number? Am I misunderstanding something in my logic?

55000 LTO x 30 USD = 1650000 USD
1650000 / 100 (1% APY) = 16.5k $ / Year

>> No.28166145

LTO price appreciates as well

>> No.28166304

biz I Ieased two stacks to xeno now, but didn't unvote the first one and merged with second one, this is okay right?

>> No.28166425

Yes you can have multiple leases.

>> No.28166665

Kay, was worried about payout difference because I couldn't find any info on this particular matter
Cheers m9

>> No.28166697

$drc is about to 10x. Ezpz. V2 launching soon. Completely unique code set. Plus, you can stills take DRC and earn ETH. APY is 15% or so. Normies love that. Then us degens can take the riskier plays if we want.

>> No.28167731

$DRC is the way friend. I'm referring to Dracula Protocol, of course. New UI will help a ton. They're marketing now. New tokenomics soon. And v2 launching soon. Buying all dips.

>> No.28168423

Fuck off

>> No.28168758
File: 74 KB, 750x809, IMG_20210123_133704_608.jpg [View same] [iqdb] [saucenao] [google]

Unironically the next link

>> No.28169332

Run $DRC bro! Dracula has v2 launching soon. All this money floating around, a successful launch of some non-fork/cloned stuff is all you need to 2x. Then we just have to hope it’s something revolutionary (their first code set was pretty dope desu. Underappreciated). If it’s something halfway decent, this should go to 20 mil mcap. That’s an 18x from here or so.

>> No.28169377

dracula rugpulled like 2 months ago

>> No.28169630
File: 202 KB, 1040x1237, Screenshot_20210209-084043_Bromite.png [View same] [iqdb] [saucenao] [google]

Reminder that I was shilling this 3x alone in december
Got called a jeet

>> No.28169961

How it's done?
How much do you get profit?

>> No.28169963

I wasn't around until January, I'm a newfag. Thanks for your service.

>> No.28170030

very easy

>> No.28170049

Got in early JAN. Thank you for your service LTO Soldier.

>> No.28170182
File: 52 KB, 512x655, IMG_20210207_183752_622.jpg [View same] [iqdb] [saucenao] [google]

Bravo care

>> No.28170197


>> No.28170395


>> No.28170580
File: 37 KB, 960x538, 4b2384f8b71c077cc2fc5c8ee28b44a7.jpg [View same] [iqdb] [saucenao] [google]

Tell me what this poop does. I'm gonna buy 50k if this is good.

I tried reading the overview on Coinmarketcap but didn't understand anything which makes me sceptical.

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