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/biz/ - Business & Finance

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29153436 No.29153436 [Reply] [Original]

LIQUID TASK ORCHESTRATION

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.


---SUMMARY---


USE CASE:
>scaleable inter-agency data sharing consortiums


FUNDAMENTALS:
>~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


TOKENOMICS:
>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


---WATCH---

>LTO in 1.5min:
https://www.youtube.com/watch?v=Obj9GhhgE8M [Open]
>3 min:
https://www.youtube.com/watch?v=F4B5w0j4IQQ&feature=emb_logo [Open]
>30min:
https://www.youtube.com/watch?v=zMa4HwgoeMI [Open]


---READ---

>GENERAL PROFILE:
https://upblock.io/research/LTO%20Network
>LITE PAPER
https://ltonetwork.com/documents/LTO%20Network%20-%20Token%20Economy.pdf
>WHITE PAPER:
https://ltonetwork.com/documents/LTO%20Network%20-%20Technical%20Paper.pdf
>/BIZ/ PASTEBIN:
https://pastebin.com/D5ETj3Ks
>TOKENOMICS FAQ:
https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/
>ARTICLE: "An Obj. Look at LTO"
https://blog.goodaudience.com/an-objective-look-at-lto-networks-token-demand-8ce15e658c2b?gi=eb25d30c38d1
>ARTICLE: "LPoI":
https://medium.com/@malexaffey/leased-proof-of-importance-separating-the-real-from-the-fake-bbf047a75f9a
>ARTICLE: "LTO's Valuation"
https://redphoenix7even.medium.com/this-is-not-a-comparison-of-which-network-is-better-or-worse-bcd04826ab7e


---TOOLS---

>STAKING WALLET:
https://wallet.lto.network/
>/BIZ/ NODE
https://xeno.finance
>LTO STATS:
https://lto.tools/
>CALC:
https://www.stakingrewards.com/earn/lto-network/calculate
>CALC 2
https://ltonode.com/roi-calculator/

>> No.29153519

My funds are safu because they are on the mainnet and not binance.

>> No.29153667
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29153667

>>29153519
me too fren. payday tomorrow too

>> No.29153795
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29153795

https://blog.ltonetwork.com/kate-innovations-acquires-legalthings-b-v-from-firm24/

>> No.29154088

>>29153667
Comfy saturday dopamine.

>> No.29154235
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29154235

>> No.29154446
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29154446

>> No.29154598
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29154598

IM GONNA COOOOOOOOM

>> No.29154790

piece of shit crabbing 38c stablecoin

>> No.29154900

>>29153436
Is there anywhere to track LTO's daily transactions?

>> No.29155078

>>29154900
https://lto.tools/txs/ for statistics

>> No.29155141

>>29154900
https://explorer.lto.network/dashboard

>> No.29155380

Lot of people complaining about the crabbing but at least it's not dropping like some of my other coins...

>RBC
>ASKO
>VSP

Maybe I should just stop listening to biz...

>> No.29155470

what telegram we using bros

>> No.29155640

can anyone here explain why the token is necessary and not just use bitcoin? i know there's a burn but shouldn't it be possible to implement a burn into the lto system while using btc as a token. Why not use btc which is more known and could attract more clients as they have to hold it then?

>> No.29155888

>>29155640
nig wtf are u saying lmaO

>> No.29155920

it's like the same 15 or so people making these threads i swear.

>> No.29156046

>>29155640
>using bitcoin for literally anything other than value store now

BTC has 10 minute blocks with 2mb max and wasn't built to do anything blockchains do now.

>> No.29156094

>>29155920
Don't worry, the rest of biz will FOMO at the top, as usual.

>> No.29156123

>>29155920
Thats the same for every coin. Only the guys with heavy bags or paid shills care enough to generals.

>> No.29156215

1000 sats 48 hours

>> No.29156243
File: 3.43 MB, 2000x4000, LTOinfo-compressed(1).jpg [View same] [iqdb] [saucenao] [google]
29156243

>>29155640
It's not a currency, it's tokenized services

>> No.29156330
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29156330

Me sleeping knowing LTO won't financially ruin me

>> No.29156401
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29156401

>>29156330
LIKE A BABY

>> No.29156456
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29156456

>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.29156556
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29156556

>Rick made a short livestream after the pornstar incident and admitted he's had trouble keeping his porn addiction under control and has been spending his days jerking off to Brenna Sparks lately. (he was clearly drunk and high during the livestream)
>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
>They recently hired a XVG twitter shill to be their spokesperson and marketing advisor
>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.29156644

>>29156456
>>29156556
Thanks for dropping by.

>> No.29156836

>>29155640

how high are you

>>29155380
of course it's not dropping, majority of the circ supply is being staked/leased

>> No.29156938

>>29156556
Ever since you've been posting this fake fud the price has shot up 3x please continue

>> No.29157100

>>29155078
>>29155141
Thank you anons

>> No.29157304

fucking crab coin

>>29153436
re-do this image with el tio and related ranks

>> No.29157480

>>29157304
and please don't use hindu ranks

>> No.29157635

>>29157304
>>29157480
100k - Plantation Owner
55k - Slave Master
15k - House Nigger
<10k - Outdated Farming Equipment

>> No.29157793

LTO is cursed to be under $0.4. When it gets past 0.4 resistance, then I'd consider buying it but right now it's a shit stablecoin constantly bouncing between 0.36 and 0.4.

>> No.29158105

>>29155920
Check how many wallets there are

>> No.29158172

>>29155380
they're not really complaining, just being ironic

>> No.29158239

>>29157793
The price is too low for you to buy?

>> No.29158263
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29158263

>>29155470
t me/XenoOligarch

>> No.29158401

>>29155640
if btc weren't an archaic piece of shit that will be phased out, it still wouldn't matter because LTO is its own network. meaning btc wouldn't be a compatible token to fuel transactions. LTO is also borderline instant

>> No.29158514

>>29158239
Imagine that.

>> No.29158601
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29158601

>>29155920
>it's so annoying that you guys are reminding me daily about an opportunity that has the most potential in crypto to provide me a comfortable life
ngmi

>> No.29158680

>>29157635
much better

>> No.29159195

>>29158239
It's gonna stay low anyway for some time. There's no point holding your assets stuck in LTO if you're looking to make some money during this bull market. Long term hold case is good but right now I wouldn't hold it. I'd rather hold tether than LTO if I want a stablecoin right now. Hence point about the $0.4 resistance, if it brakes the resistance it might just be worthwhile.

>> No.29159320

>>29159195
it was 22c two weeks ago just accept the fact you know absolutely nothing about this market

>> No.29159547

>>29159320
piece of shit stablecoin

>> No.29159658

>>29153436
fuck bros I don't wanna be a shudra but all my funds are tied up in other coins until they pump. I only have 5k LTO. pls go easy on my laborer family when LTO becomes the world currency

>> No.29159704

>>29159658
>>29157635

>> No.29159807

>LTO crabbing
>VIDT mooning

OH NO NO NO

>> No.29160136
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29160136

>>29157635
Double house nigger here

I'm in the hood, in the hood nigga section

>> No.29160160

id consider buying if it was .4 3bh. right now its just too low

>> No.29160331

>>29153436
>>29160160
I was on the fence about staying in LTO, but this shit tier shill convinced me to sell. This coin's generals always get posted at the same time everyday, such obvious shilling. This coin has no organic community. Bye.

>> No.29161012

>>29160331
Good, give me your bags.

>> No.29161222
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29161222

>>29160331
You can suck my organic dick.

>> No.29162125

>>29160331
>he sold
Pooomp eet

>> No.29162323
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29162323

>>29160160

buy when it $3 dollars buying at .4 is too low anon

>> No.29162542
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29162542

>>29160331
>Letting a bunch of comfy posters dictate your financial decisions
NGMI, not only that, but you are clueless and an absolute failure

>> No.29162645
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29162645

>>29162323
it's basically stealing