/biz/ - Business & Finance

https://www.youtube.com/watch?v=zMa4HwgoeMI
(18:09 to 19:43)

Frens, I just listen to this portion of the interview like ten times in a row...let me know if I'm reaching here, but let me make a case:

/ourguy/ Rick has BIG plans for LTO. He wants to create an empire in the EU.

>Interview Question: "When are you going to collaborate with other countries or governments?"

>Rick: "Obviously it is a long and lengthy process TO INVOLVE EVERY COUNTRY IN EUROPE... parties need to collaborate."

>[explains how public-private integration is not only necessary, but unavoidable — but a considerable source of economic friction]

>Rick: "Because everyone needs to participate IT IS REALLY HARD TO FORM A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED"

>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED
>A CONSORTIUM THROUGH EUROPE WITH ALL THE PARTIES INVOLVED

>CONSORTIUM — definition: "an agreement, combination, or group (as of companies) formed to undertake an enterprise beyond the resources of any one member"

/OURGUY/ IMMEDIATELY follows up with a pitch for LTO to realize that objective.

/ourguy/ continues:
>"Until everything is on-chain, I think we're another decade from now".
But the other times I listened to this interview, I merely interpreted this as meaning everything will be "on-chain" in general, across the crypto space. But now that I'm really listening carefully, I think he is inferring that EVERYTHING WILL BE ON THE LTO NETWORK (in the EU, at least). By "everything" he means this monolithic CONSORTIUM he keeps referring to... the LTO CONSORTIUM.

LTO Network is a hybrid blockchain focused on enterprise & government utility.
It’s the backend platform for any system or application to trustlessly integrate with.
The unique architecture makes it GDPR (EU) compliant and extremely scalable.

Use cases 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 entirely by clients, 0.25LTO every transaction.
>Deflationary supply. 0.1 LTO burn every transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report
https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/

>2021
LTO recently just released the technical roadmap:
* More details around LTO Network 3.0
* DID (Decentralized Identity) solution for businesses (business passports)
* Even more use cases going live in 2021

Links:
>LTO in 3 min:
https://www.youtube.com/watch?v=F4B5w0j4IQQ&feature=emb_logo
>in 30min:
https://www.youtube.com/watch?v=zMa4HwgoeMI
>"An Objective Look at LTO" (big brain article):
https://blog.goodaudience.com/an-objective-look-at-lto-networks-token-demand-8ce15e658c2b
>tech
https://www.ltonetwork.com/tech/
>Use cases:
https://origin.ltonetwork.com/use-cases/
>Clients:
https://ltonetwork.com/partners-clients
>Staking and leasing:
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide
>2021 digital identities
https://www.ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf

https://www.coinstats.network/
https://upblock.io/research/LTO%20Network

---------

>/biz/ LTO Node
https://xeno.finance

Any comfy LTO bros here?

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 entirely by clients, 0.25LTO every transaction.
>Deflationary supply. 0.1 LTO burn every transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report
https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/

>2021
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

Links:
>tech
https://www.ltonetwork.com/tech/
>Use cases:
https://origin.ltonetwork.com/use-cases/
>Clients:
https://ltonetwork.com/partners-clients
>Staking and leasing:
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide
>Twitter:
https://twitter.com/Theltonetwork (new one)
>Blog
https://blog.ltonetwork.com
>2021 digital identities
https://www.ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf

https://www.coinstats.network/
https://upblock.io/research/LTO%20Network

---------

>/biz/ LTO Node
https://xeno.finance
Lease to Xeno from the lease list

Rick's latest tweet: https://twitter.com/realrickschmitz/status/1357241096254939137

https://twitter.com/realrickschmitz/status/1357241096254939137

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 entirely by clients, 0.25LTO every transaction.
>Deflationary supply. 0.1 LTO burn every transaction.
>Big partners include IBM, UN, AIRBUS, Dutch & Euro gov bodies

>Q4 2020 report
https://blog.ltonetwork.com/lto-network-adoption-growth-overview-of-q4-2020/

>2021
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

Links:
>tech
https://www.ltonetwork.com/tech/
>Use cases:
https://origin.ltonetwork.com/use-cases/
>Clients:
https://ltonetwork.com/partners-clients
>Staking and leasing:
https://blog.ltonetwork.com/staking-and-leasing-lto-network-node-guide
>Twitter:
https://twitter.com/Theltonetwork (new one)
>Blog
https://blog.ltonetwork.com
>2021 digital identities
https://www.ltonetwork.com/documents/LTO%20Network%20-%20Identities%20Paper.pdf

https://www.coinstats.network/
https://upblock.io/research/LTO%20Network

---------

>/biz/ LTO Node
https://xeno.finance
Lease to Xeno from the lease list

Get nice and comfy

>>27632291
>>27632203

Good choice! And we definitely will exceed 7% APY in the interim. Huge clients are already announced but haven't started yet (land registries, shrimp, etc). This is going to snowball

Bullish growth over the past year. And remember, the network traffic revenue is part burned and part returned to stakers.

No other network with these tokenomics are anywhere near the success of LTO.

1.5% burn rate and 7% staking yield with the current tx count, and it's only going to increase with new clients recruited through VIDT and the UN

you are leasing to the biz node, right anon-dono?

>>27410565
>>27410632
the rubic exchange is disappointing, not even fudding

>>27301391
Heres a higher rez friend :)

Can someone explain the difference in someone sitting on a stack of LTO vs leasing it to the /biz/ node? What does leasing do/earn? If I leased my stack, does that mean its locked for a certain time period, do I lose any ownership or value?

Are you comfy today?

How comfy are you LTO frens?

>LTO burned on every transaction
>Deflationary Staking Rewards [fees/amount being staked]
>International Client purchased 3 million LTO, the first of many batches
>Saves dutch gov 7mil per year
>Partnered with IBM & ISO
>Just added liquidity to uniswap for burgers to buy

Only a preview of what's to come.

I'll just leave this here then...

My brothers, sisters, and fellow pajeets.

I had a good run with LINK, but it's time to move on. Sure, the community is great, partnerships are good, but Sergey started dumping on us. He has shown us that he does not believe in banks and his own token utility. He built a pyramid instead of building a product. It's enough for me. There is too much drama, and I know two teams that he paid to create twitter hype for his coin. Organic buys are lower and lower.

I have been reading a lot about business blockchain adoption, and I can tell you - Smart Contracts will not be the solution. No business uses smart contracts, it's all private chains. And this project makes a lot of private chains, even better than IBM or Corda.

Here is my new hopium: LTO.

Accumulation in progress. Dump on me.

My brothers, sisters, and fellow pajeets.

I had a good run with LINK, but it's time to move on. Sure, the community is great, partnerships are good, but Sergey started dumping on us. He has shown us that he does not believe in banks and his own token utility. He built a pyramid instead of building a product. It's enough for me. There is too much drama, and I know two teams that he paid to create twitter hype for his coin. Organic buys are lower and lower.

I have been reading a lot about business blockchain adoption, and I can tell you - Smart Contracts will not be the solution. No business uses smart contracts, it's all private chains. And this project makes a lot of private chains, even better than IBM or Corda.

Here is my new hopium: LTO.

Accumulation in progress. Dump on me.