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

/biz/ - Business & Finance

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28559377 No.28559377 [Reply] [Original]


LTO Network is a hybrid blockchain with two layers that operate independently. The private chain facilitates automated live contracts between private networks; the public layer is optimized for "anchoring" and sharing information on an immuateable decentralized ledger.


>scaleable inter-agency data sharing consortiums

>~100k Tx/day (rising)
>99.9% Tx's from actual usage
>used by United Nations (land registry in Afganistan)
>used by Dutch gov
>GDPR compliant

>50% circ. supply already staked
>deflationary: 0.1 LTO burn/Tx
>unique "LPoI" network economics incentivizes clients to buy, stake LTO
>100% of staking dividends derived from network fees


>LTO in 1.5min:
>3 min:


>ARTICLE: "An Obj. Look at LTO"
>ARTICLE: "LTO's Valuation"



>> No.28559525
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>> No.28559561
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Schizo riddler thread:

>> No.28559569
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>biz tards will fomo in at $3

>> No.28559675
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Reddit will fomo at $10

>> No.28559777
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>> No.28559787

$30 EOY

>> No.28559840

How the US can buy LTO without being raped by uniswap fees:

This assumes you have created an LTO Wallet (https://wallet.lto.network/)) and downloaded Trust Wallet for iOS/Android:

1. Get some BNB coins from Binance.us
2. Open Trust Wallet, tap on BNB, tap on Receive, copy the wallet address
3. Go back to Binance.us and click on your BNB. Tap on Withdraw, specify the amount you want to send, hit Preview Withdrawal. Paste in your Trust Wallet address and leave MEMO blank, yes you are sure you don’t need a memo, then hit Withdraw.
4. Wait for the BNB to appear in Trust Wallet
5. Tap Dex at the bottom of Trust Wallet
6. Select BNB for “You Pay” and LTO for “You Get” and swap. You will see that the fee is minuscule!

If you want to lease them and earn more LTO...
7. Now that you have LTO in Trust Wallet, log in to LTO Wallet and click Bridge from the Menu, then Let’s Get Started, then make sure to select LTO (BEP2) to LTO (MAINNET), Next, Next, copy the address generated.
8. Go back to Trust Wallet and Withdraw your LTO to the wallet address you just copied. You are done!
9. Once they arrive, don’t forget to stake them!

>> No.28559876
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is el tío here?

>> No.28559961
File: 65 KB, 875x620, biznode-oligarchy.jpg [View same] [iqdb] [saucenao] [google]

>the year is 2027
>exponential network growth finally levels off for LTO
>all major partners and integraters run their own nodes
>they have bought up 85% of the LTO supply and use the network on a "Net-Zero" basis -- shareholders comfy
>their initial capital investment in their staked LTO sits on their Balance Sheets and has even appreciated in value -- shareholders comfy
>85% of staked LTO is therefore permanent removed from circulating supply
>only 15% of LTO supply is owned by passive-stakers who don't actually use the network
>this LTO is the primary source of supply for clients who want to expand their usage of the network, or for onboarding new clients
>be /biz/ node in 2021
>have done the math
>know what the end game is
>already own 10% of staked supply
>already own 5% of circulating supply
>diamond hands

>> No.28560030
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Nope...no El Tio here

>> No.28560053

How do I stake my LTO?

>> No.28560184


>> No.28560446
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if you see him, you tell him Based Rick is looking for him

>> No.28560456
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It's quite literally /ourcoin/

>> No.28560530
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>> No.28560707

LTO has the best OC, prove me wrong

>> No.28560788
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>> No.28561009
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>> No.28561072


>> No.28561234
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>> No.28561235

went all in with half my stack, other half is bitcoin. praying this is the coin that makes it for me.

>> No.28561564

Clearly the swapping isn't going so well with the vidtards

>> No.28561665
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they'll just skip that part and their tokens will still be valueless and obsolete.

>> No.28561669
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what did king tut mean by this?

>> No.28561811
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LTO OC is on point

>> No.28561932

Tut got M&A'ed by El Tio

>> No.28562030
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Bros, when i buy LTO on trust wallet with BNB, I get so much less than Uniswap

>> No.28562472

How much is required to stake for it to be worth it.
>30,000 stack

>> No.28562629
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bought 20k, whats the price predictions?

>> No.28562672
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how come we aren't pumping like the others

>> No.28562718
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>> No.28562770

about to do the needful, sirs

>> No.28562855

EOY conservative estimate: $3.66 ($1 bil mk cap)
EOY El Tio wills it estimate: $6.66 ($2.5 bil mk cap)

>> No.28562898
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This is my make it investment. I can fucking feel it. The signs aligned for me.

>> No.28562908

yes please

>> No.28563009
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Checked. It is so then

>> No.28563016

>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 unnecessary.
>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.

>> No.28563037
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>> No.28563123
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>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
>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 and is likely to pass away this year
>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
>It's been proven that the team shares and publishes misleading information about the number of staked tokens and daily transactions
>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.28563164
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>> No.28563237
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Yes daddy give it to me, give me your fud.

>> No.28563276


>> No.28563469
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Bros they're gonna screw us soon... No more dividendies

>> No.28563742

Literally do NOT do this burger bros. The fee on uniswap would have gotten me more LTO than using BNB to swap on Trust wallet. $470 BNB turned to $400 LTO

>> No.28563954
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LPoI is actually incredibly based from the perspective of encouraging adoption and the implications it has for passive stakers bought early and never sold.

>> No.28563965

Broooooos what are we gonna do?!?

>> No.28564085

Are you guys trying to crash that shit too?
Get out of my coins

>> No.28565154
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So I just realized this: staking rewards are to stock dividends as the token burn is to stock buybacks...

>> No.28565836
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>> No.28566065


>> No.28566825
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>> No.28566971
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>> No.28567029
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>> No.28567118

ive been shaking and crying for the last 4 hours i cant believe this coin exists bros

>> No.28567119

well i mean its free coins, why wouldn't you? only have to pay 5 to take off binance, 1 to start the lease. 6% apy. only wouldnt be worth if you have less than 500 coins

>> No.28567733
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/biz/ node dividends rolling in tomorrow, boys

>> No.28568518

Why bro?

>> No.28568515


>> No.28568585

/BasedRick/ made anon a man tonight

>> No.28568857
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>> No.28569290

The future is Blade Runner...but at least we'll be LTO oligarchs.

>> No.28570434


>> No.28570731
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Same bro anon

I'm going parano, wondering where is the trick...

>> No.28570987

At least one anon gets what I realized. Sometimes its lonely being unironically early...

>> No.28571360

pajeet plz youre making us look bad

>> No.28571812

W-what do I do with my VIDT guys?
It was going to blow past ATH a few months ago and then you fags bought them out

>> No.28572083

mashallah brudder

>> No.28572125

>20% gains since buying

A 10x of El Tio would put me in 6 figs.

>> No.28572173

where can amerifags buy in on this? no more IDEX and cucked out of binance chi-na

>> No.28572302


>> No.28572330
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finally staking 18k in the biz node

>> No.28572496

I'm not a pajeet. Fuck off.

>> No.28572640

Yea that sounds pretty bad friendo. It was hell trying to unload my VIDT after I let it sit out in my Metamask forever

>> No.28572870

El Tio got me well into six figures. Praised be El Tio.

>> No.28572959

Use a VPN to get on binance. Either they or get assraped in fees on uniswap

>> No.28573315

Sell it for LTO. There's no reason VIDT would outpace LTO at the point

>> No.28573409
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stop posting this shit. uniswap fees are better than what the DEX swap gives you on trust wallet

uni is your best bet.

>> No.28573467

you type like one
>yes anon dude bro
>I am parano it trick!!

>> No.28573876

Man, I sold my VIDT when the acquisition was announced. I believe, the daddy company will do better.

>> No.28573930
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>> No.28574250

Why's the volume on this so low? Whenever I check on binance it's crabbing around ~$4M.. is it because it's mostly reserved to the European market right now, are there any plans to make it more available for Americans soon?

>> No.28574425

They're interested in listing on Coinbase, there's been rumours about it happening soon. At the end of the day its low volume because LTO has been chronically ignored by the market, partly due to the fact that it has had little marketing toward retail. This is what volume looks like when you are unironically early....

>> No.28574774

CEO hinted coinbase listing with Rosetta API being added. Soon

>> No.28574835

you sure you didn't just fuck up

>> No.28575121

Smells like curry in here.

>> No.28575146

no.. Try it yourself. The FEE will be indicated as like 2 cents or something, however the token you RECEIVE is way less. I put max amount of 3.5 bnb (around $470), and received 990 LTO ($400), where as if i just payed the $65 gas fee on UNI, I would have 1100ish. Somethings fucked up with it, but yeah. Probably shouldn't be recommending Trust wallet, the 2 cent fee price is a bait.

>> No.28575213

SNIIIIIIFFFFFFFFF. God it smells fucking good in here my NIGGER

>> No.28575910

midnight bump

>> No.28576474

Midnight niggggeeeerrrr

>> No.28577731

bump. when $3 sirs?

>> No.28578222

EOY, conservatively (~$1 bil mk cap)
El Tio demands $6.66, though ($2.5 bil mk cap)

>> No.28578946

Unironically 10x is FUD

>> No.28579037
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eoy would be worst case scenario. watch the leddit fomo cap spike

>> No.28579258
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will the bull run last that long?

>> No.28579368

What's going to happen with VIDT though
Are they going to swap for LTO at 1:1? Equal value at time of swap?
I can't imagine it being very seamless however they do it. If they say swap it for equal value the price of VIDT could spike. 1:1 it would dump and screw over all the VIDT holders.
How else can they do it?

>> No.28579377

Is this a scam coin like Asko or legit?

>> No.28579528

Its not a p&d...LTO is a microcap stock with 100x potential that is currently a yielding 6-7% dividend from free cash flow... this isn't a meme, this is a genuine, honest to god undervalued investment opportunity.

>> No.28579626

All that you need to know to DYOR is in the OP and infographs...but would the UN and the Dutch government use LTO if it were a scam? Think about it. The United Fucking Nations send a due diligence team to look into LTO to make sure they were legit -- and then hired LTO for the Afghan land registry thing...

>> No.28579672

It's too legit for biz to get excited about.

Exactly how undervalued this shit is boggles the mind.

>> No.28579709

More than legit.

>> No.28580098

It's run by dikeniggers do not trust

>> No.28580229

>boggles the mind.
This is unironically what it feels like to be early.

>> No.28581093

I got sick of rubic I just wanna be cozy, got a little 6500 stack and thinking about moving some AVAX gains in

>> No.28581327
File: 273 KB, 512x512, UnironicallyTheNextLink.png [View same] [iqdb] [saucenao] [google]

Cozy af...

>> No.28582217

late night bump hello my cozy frens