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/biz/ - Business & Finance

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29686549 No.29686549 [Reply] [Original] [archived.moe]


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


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



>> No.29686663
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The next 10x iykyk

>> No.29686764
File: 359 KB, 2048x1536, EuSg3ONXMAc3t30.jpg [View same] [iqdb] [saucenao] [google]

>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.
>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.29686770
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Shuǐ mǎn zé yì “water rises only to overflow” — at the point of crisis, things are about to turn around.

“patience is bitter, however it’s fruits are sweet” —aristotle

wagmi ltobros

>> No.29686859
File: 1.35 MB, 1234x818, 1591306598824.png [View same] [iqdb] [saucenao] [google]

>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
>They also dumped 500k LTO on Binance a few days ago and were caught red-handed
>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.29687038

>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

Found the Iota bagholder

>> No.29687691

it's also a fud bot. jeets are sleeping im pretty sure so its forsure a bot

>> No.29688525
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or a schizo either way it's very efficient at detecting LTO threads.

>> No.29690296

Comfy af with 17k stack, will increase it to 20k soon. Maybe more.

>> No.29691665


>> No.29691679

same. need some more neetbux though

>> No.29691768
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new AMA tomorrow

>> No.29692060
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According to todays webinar, Afghan will begin anchoring to LTO next week, perhaps pic related isn't some guy just trolling.

also https://twitter.com/cryptocees/status/1364979802164314112

>> No.29692067
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And more news:
>Next customer to be announced in due time (probably soon)

>Please follow our official channels

>By the way is another country -:)

>Our CEO @realrickschmitz is now presenting at the next @FIBREE_ORG webinar about the
@UN "Land registry“ solution.


>> No.29692207

Comfy staking as always. Hoping this shit goes back to 800+ sats while BTC crabs

>> No.29693235
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>> No.29693286

anchoring, live contracts, claims, DiD's, hybrid making it easy to integrate. Transactions exploding higher, deflationary. This thing is a ticking time bomb. Not sure what the catalyst will be, but at some point something is going to send this thing soaring, for now its just the few in the know buying, and bots trading based on bitcoin.

>> No.29693585
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the biz way of investing

>> No.29693844

Everything about LTO is designed to become exponential. Thing is exponential functions start slow, but just don't stop accelerating.

>> No.29694251

I fully trust this project but I cant fucking believe that we are so early. Wagmi, aren't we?

>> No.29694365

Why isn't everyone buying it? Seems too good to be true

>> No.29694534
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It's an IQ test.

>> No.29695265

people in altcoins are attracted to the bigpumps get rich quick. When i talk to someone about LTO they will reply with, "oh yeah thats cool, so have you seen DOGE, I think that's going to be the peoples coin" and they have zero clue of what blockchain is or does.

>> No.29695547

To be honest I have 0 idea what blockchain does. But I have my own business and I know how hard running it is, so I guess I recognize a good business between all these weird fucking projects that do nothing, or do something new and expect customers to come to THEM and ask for their product. That's not how it fucking works.

>> No.29695896

Thanks guys, I've been searching for a make it coin for a couple of weeks now and I just haven't had a good feeling about any. Then I found this and I had a great feeling about it, read about it and saw its only 0.3 and thought this is it this is my coin. It's just the low thread numbers on here that has me a bit worried, why isn't biz super excited?

>> No.29696027

Because it's not a food or animal coin, LTO falls rather short on the marketing side of things especially to normies, but then again they don't have to.

>> No.29696143

Most of biz are currently chasing shitcoin pumps, they will start looking at LTO after it breaks a dollar or the market crashes.

>> No.29696218

biz will FOMO at the top, as usual.

>> No.29696525

we had heaps of threads on biz back in jan with 200+ replies, a lot of them with genuinely great quality discussion. at this point we've all kinda figured it out and are just waiting. plus a few of us just use the biznode telegram chat nowadays

>> No.29696755

Kek I think you could be right

>> No.29696955

I'm holding AVAX since $9, retards are complaining they bought the top at $60. It'll always happen, no matter how many threads there are.
Recently on an LTO thread someone complained "everything else has mooned but this, why would I buy it?". Let that sentence sink in.

>> No.29697299

LTO will grow through actual customers and real world use cases, instead of false promises and meaningless partnerships. I don't think the team is worried about the token price at all, but eventually it will go up. I do think it should be easier for Americans to buy LTO, but more exchange listings seems to be a short term plan for them.

/biz/ only chases pumps, this >>29693585 meme is 100% true. People will be more eager to buy LTO when it reaches $3.

>> No.29697379
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Lol you guys have sold it to me, I'm all in. Will keep adding each payday

>> No.29697826

Don’t forget to lease to the /biznode/ we’re working on making OPs picture a reality

>> No.29698144

Move them to a mainnet wallet then lease them to biz node >>29697826 like he said. Just click "Lease" in the wallet then select Xeno from the list. Payout every saturday but it takes 16 hours for the lease to happen so you won't get much this time. Reward will appear as a transaction but don't worry about the fee you'll see, that's paid by the node.

>> No.29698152
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>i don’t think the team is worried about the token price at all
have a look fren: https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/

>> No.29698761
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>> No.29699105

As I said >>29693844 LTO is exponential. Every single aspect is geared that way. That's what "the math" is about. WAGMI

>> No.29699530

I hope I can reach a sui stack before it explodes bros

>> No.29699822
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New UN country soon bros

>> No.29699846

I'm really tempted to go all in on LTO, something with an actual business use is so rare in crypto that I want it to succeed. The potential opportunity cost of having money tied up in this while shitcoins are mooning keeps making me doubt myself though.

>> No.29699862

We have chainlink level meme magic tho

>> No.29700006

Thanks guys, I'm a bit new to all this so will have to do a bit of learning from the OP. Is it the same idea as staking bnb on finance for new coins?

>> No.29700270
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>> No.29700360
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>> No.29700398
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>> No.29700938

Still waiting on a michael burry/ riddler gif. Also some El Tio stuff

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