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/biz/ - Business & Finance

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26594653 No.26594653 [Reply] [Original] [archived.moe]

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)

With a focus on partners that build domain specific applications, like in education, healthcare, and the government.
Those partners sell their applications to B2C, B2B, but also Government2Citizen.

>50% circ. supply staked. Staking rewards paid by clients.
>Deflationary supply. 0.1 LTO burn each transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report

LTO recently just released the technical roadmap:
* More details around LTO Network 3.0
* DID (Decentralized Identity) solution for businesses (business passports)
* A lot of Major partnerships with both crypto projects as well as traditional corporates and companies
* Even more use cases going live in 2021

>Use cases:
>Staking and leasing:
https://twitter.com/Theltonetwork (new one)
>2021 digital identities



>/biz/ LTO Node - 99% weekly payout
Lease to address: 3JkihPXS5iPs8xDKcFQmhR8TVcAmDRUZpyx (also on website)

>> No.26594895
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Ah, another curry lover shill thread. how much are they paying you?

>> No.26595022

I think it's best to keep this one away from biz, too pure. Too comfy.

>> No.26595411

~ 1 thread per day against 1B people, lazy jeets if you ask me.

>> No.26595751

agree, lto network is not exciting like defi but it will be a winner in the end

>> No.26595940

checked and greed in ID pilled.

take not brown ID poo niggers

>> No.26596018


>> No.26596085

>take not
Awww, jeets first days at English

>> No.26596114

Leasing this, comfy af.

>> No.26596854
File: 66 KB, 1280x722, IMG_20210106_004220_665.jpg [View same] [iqdb] [saucenao] [google] [report]

Kyc for businesses when doing defi.
The next gap to fill in crypto, enterprise defi. 2021 roadmap.

How's the accumulation going fren,
How much LTO u at?

We're nice and comfy here, what are you drinking lto bros?
Me myself just finished workout, sippin on chocolate whey

>> No.26596933

you blind nigger. a little bit slow eh?

>> No.26596946

Well water.

>> No.26597109
File: 933 KB, 496x480, beatrice troll.png [View same] [iqdb] [saucenao] [google] [report]

>>/biz/ LTO Node - 99% weekly payout
I have 10k LTO. Is this worth it?

>> No.26597167

Yea, anything is worth it. If you intend to hold for the long term. Lease that shit right away

>> No.26597337

Can I get a quick rundown on leasing or do you have some sort of article I can read up on?
Moreover when you say "long term", how long are we talking?

>> No.26597367

Yes. There's no downside, you can cancel the lease any time, your tokens never leave your wallet.

>> No.26597432
File: 416 KB, 600x323, proxy-image.png [View same] [iqdb] [saucenao] [google] [report]

Based and waterboy pilled

You get around 700-750 LTO per year as it stands.
Both the APY and price of LTO is subject to increase in value as transactions and usage grows this year.
No reason not to.

>> No.26597464


>> No.26597659

I have 55k that 8’ll lease and hold for at least a year to get that long term gains tax benefit. Will i make it?

>> No.26597772

As long as you want. But if you want to trade it in the next few weeks, you would lose money via gas

>> No.26598017

100k to make it. keep stacking

>> No.26598318
File: 196 KB, 889x1296, IMG_20210103_150451_742_1.jpg [View same] [iqdb] [saucenao] [google] [report]

Yeah, you'll make it with the 55k on it's own.
Go through the LTO blog, check the big announcements and you won't have to ask.
The LTO team seems to be underhyping tho,
for instance they only said in the telegram that the UN is convincing other countries to use LTO for their land registry.
Afghanistan is all set, the transactions might have yet to begin tho

>> No.26598449

Not on binance if he's not American or willing to use vpn

>> No.26598597
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Redpill me on these

>> No.26598827

True, as a burger myself i got raped in fees but its cool

>> No.26599043

Converted all my shitcoins into this 2 months ago, feeling very comfy

>> No.26599269

As I said before, it feels so fucking comfy leasing and chatting it up with fellow Biz LTO chads

Like come on look at the fucking diverse team, it fucking even checks the sjw box that big business going to get a kick out of and adopt like Bruce Wayne adopts orphans.

>> No.26599359


>> No.26599445
File: 54 KB, 1280x672, IMG_20210119_184806_303.jpg [View same] [iqdb] [saucenao] [google] [report]

Staking rewards are a balance between amount staked versus the nr of transactions.
Transactions should outpace the amount staked at this rate.
Pic rel is some sort of prediction based on current growth + discussion with the team.
The fee I believe will get lower when price increases, to keep it affordable to clients.
Not sure if the nodes have to vote for that since it's a decentralized network

>> No.26599565

Yeah we're not trying to pump for any reason other than legit value added. Please don't turn this into any othe pnd, the long term gains will outweigh any little boy hype train because of the genuine investment value of this shit.

>> No.26600485

Exactly, long term gains mainly

>> No.26600613

Does the goal to party on a yacht in Thailand when we make it still stand bros ?


>> No.26601074


If we make it, we will have many parties in Thailand

>> No.26601110

this is bullish

>> No.26601356


>> No.26601449

>tfw no qt LTO dutch rave thot

>> No.26601774


Dutch vibes > shill r*p

>> No.26602076

That was probably the cringiest thing ive heard lmao

>> No.26603126
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leasing to the biz node, gonna buy more.
comfy af

>> No.26603184

hhhahahaha look how the LTO Kashmir shills ocntnue to shill their curry stinking coin. This coin is shit, this coin is vaporware, this coin does nothing. How dare you shill your coin here sir...i wont buy your coin.

>> No.26603449

based pajeet copy pasta

>> No.26603463
File: 17 KB, 1861x103, begone_raj.png [View same] [iqdb] [saucenao] [google] [report]

every day with this (street) shit

>> No.26604196


>> No.26604224
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Lmao what a cringe autist.
You can tell he is Dutch from the way he writes.
Accumulating more and fudding, Sad! Many such cases...

>> No.26604420
File: 140 KB, 1280x720, Epc5L7jU8AUdql3.jpg [View same] [iqdb] [saucenao] [google] [report]

Actually it could be a former vidt holder butthurt about getting acquired by LTO.
Seen it happen before.

>> No.26604904
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About why legalthings (LTO's) node is the biggest / doing most transactions:

"No, it's not good. This has to change. Clients are anchoring through our node. We've done that for the sake of simplicity, but imho that was a mistake. New clients are setting up their own node (or we help them to set one up). You can also expect existing clients to start using a dedicated node and stop anchoring through our node this year.

Yes. The new policy is that clients should run their own anchoring node and or use a client library to sign the transactions. There are sponsored accounts for clients that run their own node, but don't want to deal with tokens. And then there is V-ID for clients that want to anchor and don't want to run a node, so anchoring-as-a-service."

I guess that's what they meant with the front to back service for clients with VIDT merger.

>Enterprise boomers going into blockchain kek.
>Lto making it as easy as possible

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