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/biz/ - Business & Finance

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>> No.26810898 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
26810898

>>26809370
Yea. So it will essentially be balanced out.
Prices goes up, fees go down to stay affordable for client.
We still reap benefit from higher price + increased tx will make up for staking rewards.
Smartest value capture model in crypto.

On why higher price is beneficial:
https://blog.ltonetwork.com/faq-why-arent-lto-transactions-pegged-to-the-euro/

>> No.26504664 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
26504664

>>26504418
good question. Q1 has started off well.
>the UN project is set up in Afghanistan,
>the UN is now convincing other countries to use LTO too for their land registry.
>"project shrimp" is also starting this month, fishing boat black box system on chain

This means we will be seeing more transactions on the chain,
which is great for staking rewards and token burn.
But that's more of a long term benefit.
in Q1 I expect those integrators to be buying up LTO tho.
Afghan bought 3 mil, if the UN thing goes viral bigger countries will buy a shit ton more.
+ price action from bullrun and hype around big announcements. I'm guessing north of 50cents but you never know

>> No.26485053 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
26485053

>>26484835
It's not exactly a currency. Fuck it I'll post the info pasta again

LTO Network is a hybrid blockchain focused on business.
It’s the backend platform for any system or application to integrate with.
The unique architecture makes it GDPR compliant and extremely scalable.

Usecases vary from:
- Anchoring existing systems for data integrity
- exchanging data on processes that run between organizations in an efficient and secure way
- and soon digital identification of individuals and your companies when doing business online.(defi for business)

Everytime the clients use the service onchain, it's with the token and it's registering transactions. Pic rel is how it trickles down for us holders and makes us fat

>> No.26425482 [View]
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26425482

>>26425302

>> No.26415582 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
26415582

And a genius value capture model.
Clients have said it's okay for them to pay up to 1$ fee per transaction. Which would be at $2.86 LTO price. 11-12X from now. After that they lower the fees, but the transactions should increase pumping our staking rewards.

>> No.26243745 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
26243745

LTO Network
>Lots of adoption and use-cases in untapped Business to Business market
>Partnered with IBM, United Nations, Dutch government and many more.
>Q3 Oracle collab with stinky linkies
>severely undervalued by high number of transactions to low mcap (70mil) http://coinstats.network
>50% of circulating supply staked
>digital IDs soon

>> No.26209065 [View]
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26209065

>>26208822
ok. I heard that the daily one isn't exactly every day payout, but more like 2-3 days, still gives correct amount tho so no worries

Genius value capture

>> No.26142673 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
26142673

>>26142411
It differs from eth because LTO uses a different kind of smart contract, a live contract. This allows for business users like an IT admin or a secretary to directly deliver input to the blockhain. It also allows other users to validate and reject data.
This flexibility is unique for LTO and makes it perfectly suited for real life use.

From the white paper:
"A Live Contract fits within the definition of a Ricardian contract
[11]. Most notably, it’s easily readable by both people and
1. A Ricardian Contract can be defined as a single document that is a)
a contract offered by an issuer to holders, b) for a valuable right held by
holders, and managed by the issuer, c) easily readable by people (like a
contract on paper), d) readable by programs (parsable like a database),
e) digitally signed, f) carries the keys and server information, and g)
allied with a unique and secure identifier.
programs. This is an inherent property of the Live Contract that
is obtained by the way it is defined. There is no separate natural
language version for legal purposes and a coded version for
programme execution."

>> No.25495692 [View]
File: 87 KB, 1280x840, IMG_20210101_102433_691.jpg [View same] [iqdb] [saucenao] [google]
25495692

>>25495520
The shitcoins will get shaken out in market crash sure.
LTO's value depends on use cases and adoption, they have massive paying clients. These transactions they're doing will trickle down into tokenomics eventually because of small token burn and staking.
Bull run or not
>Mcap will catch up, WAGMI

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