Binance: LTO buy / long H4Binance: LTO buy / long H4
Entry: 0.29 - 0.31
SL: h4 close below 0.27
TP1: 0.38 - 0.40
TP2: 0.45 - 0.5
The LTO Network is a hybrid blockchain platform featuring business-to-business functionalities. The project has raised ~$4MM via private and public token sales, and is founded by Rick Schmitz and Martijn Migchelsen.
Consensus on the public layer is done via Leased-Proof-of-Stake, which allows the community to secure the network and share network fees generated by organizations as rewards. The leasing mechanism allows anyone to participate in staking without needing to run a node. The consensus model will later be changed to Leased-Proof-of-Importance to mitigate the risk of centralization.
Live Contracts were built to optimize business workflow. Combining private chains and a public Leased-Proof-of-Stake blockchain, the LTO Network enables General Data Protection Regulation (GDPR) compliant blockchain solutions. LTO Network is also developing a range of applications such as Proofi, FillTheDoc, and LetsFlow.
LTO is the native asset of the LTO network and is used for paying transaction and smart-contract gas fees, staking, as well as voting in on-chain governance.
