LTO Network Review

[hta]

Introduction
The purpose of this report is to cover the LTO Network.

For those that have not heard about this project, it has received a fairly significant amount of buzz in the cryptocurrency community as of late.

In specific, its price trajectory since launch has been a significant source of attention since its launch as well.

However, this report will not provide a price analysis. Instead, this report will seek to answer the following questions about the LTO Network:

What are they?
Who are they?
What does it do?
How does it do it?
Can it work?

Transparency/Disclosure and Background Information
Much of the background information for LTO Network can be found on Messari.
https://messari.io/asset/lto-network

What Does the Messari Disclosure for LTO Network Say?
The fact the “LTO Network” was created in 2014.
It began as a “reg tech startup in the Netherlands focusing on company incorporation and quickly grew to account for over 10% of the entire Dutch market”. The author is not sure what market in specific they mean when they allude to the ‘Dutch market’.
“In 2015, the team realized there was a growing demand for workflow automation, and continued building centralized software for Euronext, Heineken, Deloitte, etc.” ← — — — Name dropping some major clients. That’s worth paying attention to and independently verifying in the near future.

Preliminary Information About the Token Sale
“In December 2017 LTO Network raised the seed round of $1.4M among supportive European community members and early adopters. There was an average of 40% bonus in the seed round, and it was almost fully raised in fiat.”
“ After working for a year, developing the product and getting clients, LTO Network raised private sale in December 2018. The bonus was between 15–30%, raising $1.7M.”
“ The last sale round was the crowd sale, in January 2019. The smart contract was open for 60 hours, during January 14–16. In total, 7990 ETH (990,000 USD) was raised, and remaining unsold tokens were burned, which was over 50% of the crowd sale supply.”

more.... https://hackernoon.com/lto-network-review-35a5cdc6044

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[hta]

SignRequest x LTO Network: enabling blockchain for over 1 mil users. Live!
SignRequest, one of Europe’s leading electronic signing providers, added LTO Network’s blockchain solution to its electronic signature application. The integration has been under testing since the beginning of 2019, and is now live!

https://medium.com/ltonetwork/signrequest-x-lto-network-enabling-blockchain-for-over-1-mil-users-live-1ba0604efb99

[hta]

LTO Network x V-ID: presenting unique GDPR-compliant tooling for companies and governments

The Dutch blockchain companies LTO Network and V-ID entered into a partnership by rolling out an immediately applicable, GDPR-compliant blockchain solution for companies and governments. Whereas V-ID are providing smooth interface for users to interact with, LTO Network is the backend of the solution securing the integrity of digital data on its blockchain.



Deepdive GDPR & Blockchain at CMS
The European Commission recently launched an initial exploration of specific legislation for GDPR compliant blockchain applications. In that context, a program was started in Amsterdam on March the 28th under the leadership of CMS Law, LTO Network and V-ID with the aim of designing a best-practice framework for GDPR compliance in blockchain applications.

At first glance, GDPR seems to be in direct contradiction with the basics of blockchain technology. Blockchain is a way to store events forever, in which the GDPR principle “the right to be forgotten” would appear to be impractical in some cases. You can see here how LTO Network is solving this today.



LTO Network and V-ID focus on different but complementary aspects of blockchain technology. Where LTO Network focuses on the underlying data security structures, V-ID is a practical platform, intended for direct application in daily work processes. Both companies, however, have the main objective of facilitating the widest possible application of blockchain techniques with the lowest possible threshold for adoption of this technology.

For us, the combination of V-ID and LTO Network is a natural one. Not only because of the energetic and open-minded way they handle blockchain projects with their knowledge and experience but also because both of them are fun to cooperate and explore possibilities in the blockchain space with.
— Katja van Kranenburg-Hanspians, CMS Law Partner

LTO Network, Hybrid blockchain built for business
More:  https://medium.com/ltonetwork/lto-network-x-v-id-presenting-unique-gdpr-compliance-tooling-for-companies-and-governments-4f29bfb582de

[hta]

Instead of having a traditional token-related website, our main website LTO.network serves as a funnel for clients and blockchain integrators. To explain technical, marketing, token, and business aspects - we use this GitBook. Let's make blockchain adoption happen here and today, together!

What's the secret sauce here?
We have been developing software and blockchain products since 2015
Our solution is GDPR compliant, usually a huge challenge for blockchain technology
We have unique hybrid architecture with permissionless private chains
Our products are ready, our mainnet is live and it is used by multiple integrators
You can join our journey and earn LTO in the process - could you help with adoption, become a validator, secure the network, or build your own business on LTO Network?

With LTO Network, you don't have to be just a passive holder. You can engage in daily activities, help us with clients, build tools - and earn more LTO in the process!

Company Area

Here you can find all the factual information about LTO Network, including the technology, token utility and distribution, our clients and more. The goal of this section is to provide a complete overview of the project and is provided by the LTO team directly.

MORE: https://docs.lto.network/project/

[ngthnhien]

Description
20|30 x Fantom x LTO Network Meetup - Building Ecosystems and Gaining Adoption

April 18th, Thursday, 6:30pm.

MindSpace, Appold Street, 8th floor.

Join us for an indepth presentation and discussion on three juggernauts in the blockchain sphere fighting to develop ecosystems and enterprise adoption or how new startup's are creating innovative token mechanics suitable for the bear market and providing returns for investors.

20|30: Tomer (CEO) & Rob (COO)

Fantom: Andre Cronje (Lead Dev) & Michael Chen (Community Manager Officer)

LTO Network: Rick Schmitz (CEO)

Generous Amounts of Food and Drink Provided

More Information

20|30: 20|30 is a diversified portfolio of blockchain-based products and services. As a new kind of venture studio - different from Idea Lab, 500 Startups, Consensys, or any existing venture funds - we research and test ideas to deliver exceptional products that meet market needs. Projects that launch become part of the 20|30 portfolio.

LTO: Most blockchain projects focus on financial transactions utilizing Smart Contracts. However, this leaves an enormous B2B market untapped. The benefits those parties are actually looking for in blockchain technology are reduction of costs on paperwork, administration, and so on. They need a way to automate processes — not within, but amongst organizations — in a trustless way. They need a level playing field. This is exactly what LTO Network provides. By combining private and public layers, it allows organizations to meet GDPR and data privacy requirements, while preventing the scalability issues typically associated with blockchain projects.

Meetup organised and hosted by CryptoArnie.

(This is not a sponsored event)
#Blockchain #Crypto #Development #Cryptocurrency #SmartContracts #GDPR #DAG #SecurityTokens

[hta]

You. Are. Awesome ❤️ Community management and rewards + update.

Our community has been expanding since summer 2017. But in the past 3 months, the activity has grown even more. THANK YOU — to all wonderful LTO members! This is your spotlight

We believe that a community is vital to the success of open-source blockchain projects. With proper attention, hype can be converted into work for the sake of the network. You can read our community thesis here. And it’s time to pay our debts 💡 and give a shoutout to some of the most amazing and enthusiastic community members who are building network tools, helping us with marketing, adoption, and everything that comes together with it!

With LTO Network, you don’t have to be just a passive holder. You can engage in daily activities, help us with clients, build tools — and earn more LTO in the process!

Tech Lab: Building Tools

We have a production-ready product and seamless API experience, you can build tools, integrate anchoring in your applications and help us develop Live Contracts which are close to the last stage of tuning the documentation!

Our community is super talented and has built various cool tools to track network statistics: wallet movements, transactions generators, and so on. This helps create a decentralized network, where every leasing node has their own community, as well as minimize security risks of trusting the core team to show the correct stats.

Here are some really cool notable ones:


Telegram Bot: gives stats on CMC and FAQ — Blasco
Network overview v1.0: text format — Rob
Network overview v1.1: visuals and charts — Fexra
Bridge Troll: telegram bot showing bridge transfers — Artem
Staking ROI calculator: calculating staking and leasing ROI — Erwin
Node operators stats: utility bot for LTO node operators — Ignacio
Wallet Tracker: telegram bot updating on transactions — Alex
Distribution tool: re-distribution of leases — JayJay
Network reports: activity of nodes and txs — Patrick
You can build your own tool! Join the Tech Lab ->https://docs.lto.network/project/community-area/social-mining/tech-team


read full MORE: https://medium.com/ltonetwork/you-are-awesome-%EF%B8%8F-88b35fbf3ad9

[panpine]

LTO Network, a platform blockchain, allowing people to join the system legal without having to rely on a trust or blindly organization or government. Does that mean it will create a separate law?
Or The Belief that they will create themselves?

[hta]

Terms and Conditions
You need to have social influence on either Linkedin, Twitter, Youtube, or Telegram. Keep in mind we will still do a manual check on your engagement/content.
You can set up a node any time, it’s a permissionless network! But for this programme, once you register and get approved, a 100.000 LTO will be leased to your node by April 29th.
The lease will be active for 3 months, and you generate transactions based on that stake + what you can stake extra + your community leases. We reserve the right to cancel the lease at any point in time if we detect any malicious behavior.
Node holders will be entitled to all proceeds they gain in this period by staking tokens on the network. And make sure to share with your communities! Grow your influence, and we will help you do it with cool merchandise and extra LTO.

Join the competition

Multiple clients and integrators are flowing into the LTO lands, and it’s up to you to protect them! Forge your weapons and gather around. Only the strongest one will stand. Unite your community, build the biggest node and win awesome prizes!

This competition is intended to spread the word about LTO Network and grow the network. We approach this by encouraging parties with influence to activate their own communities and work together with LTO Network on our road to adoption.

Influencers set up their own LTO Network mainnet node, educate their communities on LTO and get more and more LTO leased to their node. The most active and the biggest nodes win awesome sprint prizes along the way and the grand prizes at the end of the competition.

LTO Network committee will conduct the selection process and supply the chosen ones with a 100.000 LTO lease to start their adventure with.

Prizes
SPRINT PRIZES
Highest leased amount on May 28th

Top 10 on the leaderboard:
2.000 LTO
Top 5 on the leaderboard:
5 t-shirts
Highest leased amount on June 28th

Top 10 on the leaderboard:
3.000 LTO
Top 5 on the leaderboard:
5 hoodies


FINAL PRIZES
Highest leased amount on July 28th

1st place:
50.000 LTO
2nd place:
35.000 LTO
3rd place:
25.000 LTO
4th place:
15.000 LTO

Guidebook
About LTO Network => https://lto.network/
Setting up a node => https://docs.lto.network/project/community-area/mining-staking#run-a-node-and-stake
LTO Wiki documentation => https://docs.lto.network/project/
LTO Network whitepaper => https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
LTO Visionary paper => https://lto.network/documents/LTO%20Network%20-%20Visionary%20Paper.pdf
LTO Token economy => https://lto.network/documents/LTO%20Network%20-%20Token%20Economy.pdf

MORE:  https://gameofnodes.io/

[hta]

Big Update

This Monday's kick-off was exceptionally exciting! With the new website [(link: http://LTO.network) LTO.network] we are getting great responses from integrators. And it would be unfair to not give the community a look into the future ↘️

https://twitter.com/LTOnetwork/status/1115422527755640832?s=20

[absurde]

One of the most promising project on blockchain technology, Lto has a solid infrastructure technology which has a brilliant team. But now fee's are a bit high.

[ngthnhien]

Welcome to LTO Network family 🤝

Super proud to sign the deal with the system integrator @axveco, who are implementing @LTONetwork solutions for new clients. Excited to work together on #blockchain adoption!

https://twitter.com/LTOnetwork/status/1130494425749217282

[hta]

LTO Bridge #ERC20 ➡️ #BEP2

This concludes our triangle of interoperability: Mainnet, Ethereum, & Binance Chain. ERC20 to BEP2 is fee-less, other ones have Bridge Troll fees. Read about it here: https://docs.lto.network/project/company-area/token/bridge-troll

About trading $LTO on @Binance_DEX: https://community.binance.org/topic/111/binance-dex-x-lto-network-lto

Guidebook
About LTO Network => https://lto.network/
Setting up a node => https://docs.lto.network/project/community-area/mining-staking#run-a-node-and-stake
LTO Wiki documentation => https://docs.lto.network/project/
LTO Network whitepaper => https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
LTO Visionary paper => https://lto.network/documents/LTO%20Network%20-%20Visionary%20Paper.pdf
LTO Token economy => https://lto.network/documents/LTO%20Network%20-%20Token%20Economy.pdf

[hta]

Where to track the hottest @LTOnetwork news without having to scroll through 1000 messages? Follow $LTO News on different platforms 🗣️

Telegram - (link: http://t.me/LTOinfo)
Blockfolio - (link: http://blockfolio.com/coin/LTO_2)
Reddit - (link: http://reddit.com/r/LTONetwork)
Delta - (link: http://delta.app/en/crypto/lto/lto-network)

Guidebook
About LTO Network => https://lto.network/
Setting up a node => https://docs.lto.network/project/community-area/mining-staking#run-a-node-and-stake
LTO Wiki documentation => https://docs.lto.network/project/
LTO Network whitepaper => https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
LTO Visionary paper => https://lto.network/documents/LTO%20Network%20-%20Visionary%20Paper.pdf
LTO Token economy => https://lto.network/documents/LTO%20Network%20-%20Token%20Economy.pdf

[ngthnhien]

What Is The Circulating Supply?

What is the actual circulating supply of LTO? How are the tokens distributed at the moment? The coin just had a sudden surge in marketcap on coinmarketcap because they changed or updated the circulating supply.

The confusion has always been around circulation, because LTO can exist on different chains. Besides, there also was a bridge troll. Now, market cap is the sum of all chains: https://docs.lto.network/project/company-area/token

It's now correct We are glad this has been fixed! Where are other LTO tokens? Team/company/foundation [locked forever]. Full transparency report: https://docs.lto.network/project/company-area/token/distribution

No new tokens have been released or added - and not planned to. Those LTO have always been there, and most of the community members knew it. The only change now is that it is correctly displayed on other third-party platforms, and that LTO Network is higher in terms of CMC ranking.

That's it 🙏 https://twitter.com/LTOnetwork/status/1138677253020246017


https://lto.network/
https://community.lto.network

[ngthnhien]

June 13: LTO event in Spain, Madrid

https://www.reddit.com/r/LTONetwork/comments/bz2jv7/june_13_lto_event_in_spain_madrid/

Find us in Spain - June 13 🇪🇸 Community & Adoption!

Registe:  https://www.meetup.com/GoMadrid-Tecnologia-y-Blockchain/events/261928693/

We are expanding LTO Network community, but we are not just doing an event - our COO has planned several meetings with potential local clients and integrators. Starting with major European cities, we are spreading the word about LTO through adoption. This way, we approach local communities with a real value proposition, and not just speculation.

Excited to meet our Spanish supporters in Madrid on June 13! Special thx to Joel 🙏


https://lto.network/
https://community.lto.network

[ngthnhien]

What is sharding?

Sharding is an approach to enabling highly scalable blockchains. This is necessary for any meaningful adoption of blockchain implementations for massively scalable dApps in the future. Zilliqa could be regarded as the most notable sharding implementation to date, with Ethereum also looking at a potential implementation of the technology in the future.

Because are using an adaptation of a PoS consensus, sharding is an attractive option to pursue when designing a highly scalable network.

[ngthnhien]

Presenting at @IBM  Think conference about Live Contracts, @IBMWatson  cooperation, & #blockchain for B2B. Rick Schmitz, @LTOnetwork  CEO, is giving a keynote on open-source development and IT infrastructure evolution.

The hall is full! One of our 3 events of today 😳  Thx @vifi62

https://twitter.com/LTOnetwork/status/1139133998381359104?s=20


https://lto.network/
https://community.lto.network

[hta]

Thanks to  @CoinMarketCap & @CoinGecko  for updating $LTO market cap!

The confusion has always been around circulation, because LTO can exist on different chains. Besides, there also was a bridge troll. Now, market cap is the sum of all chains

Token: Utility & Bridge Troll: LTO exists as Mainnet coin, ERC-20 token and BEP2 token. The total supply is simply being split among different blockchains, where the bridges make the flows possible

Token: Utility & Bridge Troll => https://docs.lto.network/project/company-area/token



Guidebook
About LTO Network => https://lto.network/
Setting up a node => https://docs.lto.network/project/community-area/mining-staking#run-a-node-and-stake
LTO Wiki documentation => https://docs.lto.network/project/
LTO Network whitepaper => https://lto.network/documents/LTO%20Network%20-%20Technical%20Paper.pdf
LTO Visionary paper => https://lto.network/documents/LTO%20Network%20-%20Visionary%20Paper.pdf
LTO Token economy => https://lto.network/documents/LTO%20Network%20-%20Token%20Economy.pdf

[hta]

profile: sundance@hta

Distributed Workforce. Community DAO Level Up!
https://blog.lto.network/distributed-workforce-community-dao-level-up/

We believe that a community brings a lot of value, which is why it is the most important part of every cryptocurrency project. We call community power Distributed Workforce. This article will explain how LTO Network community works and how to get rewarded for being an active + holder.

As LTO Network team, we do not just publish updates. We involve the community in growing the ecosystem: network usage, marketing, developing the solutions and tools together – and being rewarded for it. We did it before – time to Level Up!

    1 Make a platform account
    2 Register the wallet where you hold 1000 LTO minimum (sybil protection in a way), as well as the mainnet wallet to receive rewards.
    3 Create infographics or memes (Marketing Crew), build technical tools (Tech Lab), or get clients on board (Business band). Every talent can find a job!
    4 Submit your work right there on the platform. The community will decide what is good – not the team.
    5 Help verify and upvote other tasks, get involved in the community, and facilitate LTO Network’s growth. Be active!
    6 Get your index up and receive weekly rewards.
    7 You are now an LTOnaut!

If something seems confusing, just ask – we are all there to help!


How to improve your DAO income

Your index determines your rewards: your index goes up, your rewards go up. The idea is to make a relative index among all participants, who then all share a pool of weekly rewards accordingly.

How to increase your index?

    + Do more work and do better work.
    + Help validate the good work of others.
    + Hold more LTO and for a longer period of time.
Your influence within the platform majorly depends on how long you hold, amongst many other factors – because that is the index of an LTOnaut. Having LTO is good, but keeping them longer is even better. Find more detailed info here. (https://social-mining.gitbook.io/social-mining/how-to-earn/community-rewards)

Distributed Workforce DAO Platform is a combination of features aimed at creating the fairest reward system for all community members involved. You decide what is good and what is not good. And if something seems confusing, just ask – we are all there to help. Join our journey!


Website            :  https://lto.network/
Telegram Chat  :  https://t.me/ltonetwork
Telegram News  : https://t.me/LTOinfo
Twitter             :  https://twitter.com/ltonetwork
Reddit              :  https://www.reddit.com/r/LTONetwork

[hta]

LTO Trading Competition + BNBurgers
https://community.binance.org/topic/1012/lto-trading-competition-bnburgers

Does Binance Chain now deliver food? Yes, it does!

Trade on Binance DEX, get the daily volume rewards, and also participate in the BNBurger lottery at the same time!

    + A two-weeks trading competition starting on August 1. Daily snapshots; based on the minimum net buy volume and a minimum holding requirement; share a pool of 20,000 LTO tokens every day (around 1,500 USD). For example, if 10 addresses qualify, you get 150 USD worth of LTO, and so on.

    + Daily lottery for a BNBurger: addresses holding at least 300 LTO (25 USD equivalent) qualify for a daily lottery of 150 LTO. A winner is chosen randomly every day. You can participate and qualify for both competitions at the same time.

So in short, here is what you can do:
Hold 300 LTO and get a chance to win a BNBurger, every day.
Add a bit more to your stack and volume, and also get a chance to share a daily pool of 20,000 LTO!

Trading Competition Description
Activity Period: 01/08/2019 0:00 AM - 15/08/2019 0:00 AM (UTC)

Activity Rules: All Binance Chain addresses that reach net buy of 1000 LTO (around 80 USD or 3 BNB) or more (buying amount - selling amount) on Binance DEX at any LTO trading pairs during each full day, while also holding a minimum of 500 LTO (around 40 USD or 1,5 BNB) in their address at the end of the day, will equally share a pool of 20,000 LTO tokens (around 1,500 USD) each day. The recorded trading volume on each address will reset daily at 0:00 AM UTC.

Activity terms & conditions:
    + LTO Network reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.
    + Each full day refers to 0:00 AM to 0:00 AM of the next day (UTC), a full 24 hours.
    + LTO and BNB balances for each day will be recorded in the last Binance Chain block after 0:00 AM (UTC), on the next day.
    + The recorded LTO trading volume on each address will reset daily at 0:00 AM (UTC).
    + Rewards will be automatically airdropped to eligible addresses at approximately 11:00 AM (UTC) each following day.

Website: https://lto.network
Documentation: https://docs.lto.network
Telegram Chat: https://t.me/ltonetwork
Twitter: https://twitter.com/ltonetwork