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/biz/ - Business & Finance


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29802965 No.29802965 [Reply] [Original]

https://www.youtube.com/watch?v=Krs9WvkbgrY&feature=emb_logo [Embed]

"Rick and his team have been solving REAL problems in our world"

This is why this token is worth my investment, you got people on the Horizen team praising Rick and the work him and his team have done with LTO Network. What does LTO do? LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information.

Current usecases

>https://unite.un.org/goLandRegistry/home
goLandRegistry

>https://www.youtube.com/watch?v=d6ROQdEpjRo&feature=youtu.be [Embed]
goLandRegistry demo starts at 54:04

>https://ltonetwork.com/use-cases/inspection-reports-on-blockchain/
Inspection reports on Blockchain (Capptions)
Providing immutable evidence to data entries and creation of inspection reports on vital locations like airports, oil terminals and dangerous goods.

>https://ltonetwork.com/use-cases/digital-signatures-on-blockchain/
Digital Signatures on Blockchain (SignRequest)
Providing assurance that document contents have not been tampered with and providing proof of the specific date and time a document was signed.


>https://ltonetwork.com/use-cases/artwork-authenticity-on-blockchain/
Artwork Authenticity on Blockchain (V-ID)
By validating works of art via blockchain, objects are better protected and the authenticity can be established easier and faster.

>https://ltonetwork.com/use-cases/legal-contracts-on-blockchain/
Legal Contracts on Blockchain (Quislex)
Receive a fully negotiated and executed contract that also gets hashed on a blockchain by just answering a few questions in a form on your smartphone.

>https://ltonetwork.com/use-cases/environment-data-on-blockchain/
Environment data on Blockchain (IBM)
Digitisation is key to drive the sustainability transformation forward. Data insights help us better understand our true impact on the environment.


and more usecases listed at https://ltonetwork.com/use-cases/.. LTO is the latest iq test, don't fail it Anons.

>> No.29803044

linked the wrong video demo here starts at 54:04 https://youtu.be/n1I-mboNjTA?t=3246

>> No.29803155

AMA Summary: A bunch of African nations have been reaching out, presumably regarding goLandRegistry. LTO nodes will be able to run Horizon's LTO sidechain on our nodes for additional revenue.

>> No.29804043

>>29803155
Translation: A bunch of nigger countries asking donation money from LTO. Their CEO unironically wasted investor money with this nigger partnership thingy.

>> No.29804088

>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.29804192

>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 dumped 500k LTO on Binance a few days ago and were caught red-handed
>Recently CEO organized a fake AMA on obscure crypto subreddit to pump their bags
>In the said reddit AMA CEO admitted their project at Afghanistan is going nowhere and likely to be cancelled
>Someone on their subreddit did some research and found out that LTO has furloughed nearly all their employee

>> No.29804259

>b-but muh UN partnership
Partnership with UN is actually bearish af. They'll waste investor money to Afghanistan government, one of the most corrupt and worst country in the world. Partnership with UN is death flag for many crypto project.
Example of another scam project that partner with UN:
>Devery
https://medium.com/devery-io/devery-united-nations-world-food-programme-use-blockchain-to-ensure-the-safe-delivery-of-food-to-acd6a5037123
Devery team exitscammed months after that partnership
>HST
https://medium.com/horizonstate/united-nations-igo-joins-forces-with-horizon-state-to-accelerate-sdg-innovation-38bd9f8f54d0
Horizon State token exitscammed months later and have ceased operations
>Ambrosus
https://irishtechnews.ie/ambrosus-joins-united-nations-sponsored-one-planet-network-and-establishes-partnerships-with-blendhub-and-flatev/
Bizonacci killed himself after Ambrosus revealed as scam
>LTO
Soon will meet the same fate as ambrosus

>> No.29804607

>>29804043

Thanks for the bump schizo. LTO threads aren't the same without you.

>> No.29804897

>>29804607
Good luck with your nigger land database charity program anon.
Developed countries where the money is made, they use private blockchain already for land registry.
Zero chance they'll use some dutch gypsy public blockchain for land registry purpose.

>> No.29805063

>>29804088
>>29804192
>>29804259
>>29804897
Schizo fudder you have no affect on the price kek. you are either on the moonride or not.

>> No.29805341

>>29804897

You said you hold Fantom in your portfolio the other day. Anything you say is irrelevant. Your bumps are still appreciated.

>> No.29805397

>>29805063
if anything he pumps the price

>> No.29805972

>>29805341
Omg the irony of a FUDer holding FTM. FTM was a Korean soft exit scam turned over to Russians so they didn’t get murdered.

>> No.29806946

>>29805972
kek


Also quote from the video:

Horizen chad says " We can have a sidechain per LTO usecase, per LTO client, we can keep stacking these sidechains so we have a network of parallel operating blockchains so that we wouldn't have this capacity constraint."

Seems like Horizen is planning on injecting some of its juice into LTO Network. Horizen are also partnered with IOHK.

>> No.29807116

It is interesting to see this coin slowly but steadily developping its potential and getting the interest of would-be customers. Do you think real world adoption will drive the price up or if the coin will stay tied to BTC and its ups and downs?

>> No.29807742

>>29807116
I would imagine it will decouple from BTC at some point in the relatively near future. You can look at the transaction trend line and see the fall-off during the weekends and picking up during business hours. I know there are general weekly patterns all these things follow, but once LTO spreads beyond its own timezone we'll probably see its price action move independently

>> No.29807785

>>29807116

Some smart anons have done the math on the token economics and have concluded that $10 per token is not far-fetched in the near future. Sadly LTO does seem to be following BTC trend very closely currently but once big time investors see LTOs value then we can assume a decoupling. I don't know when that'll happen it could be later this year or in 2-3 years. If we all knew could time every coins bull runs we'd be billionaires.