[ANN][LAT] LATIUM Token Sale is Open!

[ibrahimovaic]

No respons here, I didn't know, why?

[Latium]

Dear Latium Users,

Please remember that payouts can take up to 72 hours. We thank you for your patience and understanding. Payouts resume RIGHT NOW!

Cordially,

Latium

[kikibouba]

I have 85 LAT in my account but have not been paid out. I opened my account 3 days ago. Whats going on?

[Latium]

It is possible that your wallet address is incorrect. Please DM us with your account info and we will get your issue resolved?

[kikibouba]

It is possible that your wallet address is incorrect. Please DM us with your account info and we will get your issue resolved?

I just confirmed my wallet address and also updated and saved it again. Everything is correct, I sent you a DM a few minutes ago.

[jeremyhalifax88]

Latium is awesome, I was making a good amount via referrals!

[Latium]

kikibouba, we hope we were able to help you out. Thanks for supporting Latium.

Everyone remember, you must input your wallet address if you want to have your payment request processed. Good luck earning more Latium!

[Latium]

Dear Latium Users,

Thank you for your immense support and activity throughout the first month Latium's existence. By spreading the word about Latium, you have introduced this revolutionary cryptocurrency to every corner of the globe and it's now truly an international sensation.

The Latium Development Team is dedicated improving the efficiency and transparency of the Latium system. In order to provide you with clear documentation on exactly how each Latium coin held by the development team is utilized, we have created  Transparency Metrics. These Transparency Metrics will allow anyone, users or non-users, to see in real-time the status of every coin held by the development team. Users have requested more transparency and the Latium Development Team has responded. The goal of these Transparency Metrics is to increase awareness of how the Latium Team holds and distributes coins.

The formula used is very simple. The Latium Development team has designated 4 Wallets to operate the system:

These wallets consist of:

1) Pre-Mine Wallet - All coins in creation, with the exception of coins generated by Proof of Stake interest, originated in this wallet. This wallet's main purpose is to transfer funds to the holding wallet. Transactions coming out of this wallet will be less than 30 transactions per year

2) Holding Wallet: The holding wallet's purpose is to hold large amounts of coins in anticipation of distribution to the payment and administration wallets. Transactions coming from this wallet will be more frequent than the pre-mine wallet and will be paid as required based on the growth of the Latium Community. We anticipate these transactions being less than 10 per month.

3) Payment Wallet: The payment wallet is the heart of the Latium System. Every payment sent out to the Latium Community will be distributed from this wallet. Currently, this wallet pays out between 2,000-5,000 Latium per day. We anticipate this will grow over time.

4) Administrative Wallet:  The administrative wallet's sole purpose is provide funds needed to maintain the Latium Network. Funds will be distributed to the Administrative wallet as needed, but as stated earlier, no administrative distributions have taken place to date. The Latium Development Team will always be transparent with notifications prior to administrative wallet distributions.

The total coin supply minus these 4 wallets (and minus any Coin-Kills**) equals total coins in circulation. We feel that providing this transparency allows users to monitor the potential for abuse of pre-mined coins clearly and on a real-time basis. To date, the administrative wallet has never been used OR funded because the Latium Development Team has yet to use any Latium or recoup any of its operating expenses. We do feel in coming months, the necessity of covering administrative costs by the network will be required. We hope the community welcomes this addition to the Latium System and we will continue to work tirelessly to innovate and respond to the demands of the Latium community.

**Coin-Kills: The Latium Development Team has built these transparency metrics keeping in mind the possible necessity of killing coins in the future. To date, no coins have been killed. Notification of any coin-kills will be release prior the coins being killed. We will provide validation of any coins killed.

Please visit the Latium Transparancy Module at http://www.latium.cc/transparency.html

Thanks again and keep spreading the word about Latium.

Cordially,

Latium

[imranskfuuast]

please check the payout requests

[Latium]

Payout requests can take up to 72 hours. Thank you for your support of the Latium system.

[Latium]

Latium.cc is now available in Spanish. Please keep spreading the word about Latium.

http://latium.cc/sp.html

[nubbins7]

Great news Latium admin i am enjoying Latiumcoin!. I am sure as time goes on LAT will be one of the top
coins! i see Latium is in 5th place on hitbtc.com voting site people keep voing for Latium.

[Latium]

Thanks, nubbins7! Latium grows stronger with great users like you!

[nubbins7]

Thanks, nubbins7! Latium grows stronger with great users like you!

Your welcome my friend i am with you all the way! thanks for tweeting my comment i just seen it.

[Latium]

Dear Latium Community, 

Latium has implemented a new procedure regarding approved registration into the Latium system. This review process is designed to eliminate fraudulent claims and duplicate registrations. This also helps maintain the value and integrity of Latium as a viable cryptocurrency. This procedure is intended to be temporary and will be replaced in the future with a fully automated fraud mitigation and payment system. We do not currently have an estimated time of implementation of this automated system, but we will update the Latium Community accordingly. 

Registration approval normally will take less than 24 business hours, however, in some instances, registration approval could exceed a 24-business hour period. New registrants will not have access to their account until approval. A confirmation email will be sent to the new registrant granting them access to the Latium system. 

Instead of referral bonuses being directly credited to your account, these bonuses will be in pending status until they have been approved. Latium users will still be able to see their earned commissions, however, they will be in a "Pending Status." until final approval. Upon this approval, the coins will be credited to your account and are yours to use at your discretion.  

Payment requests still require up to 72 hours for processing.

[Joca97]

question:

How much is currently 1 latium worth?

and

Where can we trade latium for bitcoin or other alt coins ?any markets?

[david1365]

question:

How much is currently 1 latium worth?

and

Where can we trade latium for bitcoin or other alt coins ?any markets?

1 LAT= 9K satoshi
https://coin-swap.net/market/LAT/BTC

[nubbins7]

You have to do what you have to do to keep things flowing right! @Latium Admin

[ibrahimovaic]

Should I know What kind is this?
what the meaning of pending?
are it is pending request payout or pending commission?
I Think Graphical Details doesn't work for me
Thanks
http://i61.tinypic.com/2hebps3.png

[jeremyhalifax88]

Under the Frequently asked questions tab:

Why are my commissions pending?

All commissions are labeled as pending until approved by the Latium team. This status provides the team with the required time to review all registrations. The purpose of this is to help maintain the integrity of the Latium system and to help mitigate fraudulent registrations. The review process is normally completed within 24 business hours. There are instances where the process could take longer. Once the referred account is approved your commission will be available for withdrawal.