Reports on Sales Burns of LTO

in #blockchain5 years ago

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This is full information about company wallet with the current market cap after the second community update and post-crowd sale update.
Though there will be constant outputs of information on this which will have few numbers on it. The combination of private sale and crowd sales resulted into $2,677,500 USD which means all funds gotten has been liquidated into Dollars USD right away raising up to that particular amount after adding both private sale and crowd sales. There is consideration of having more UX designer and Scala developer in the team for more effective results.

CROWD SALE BURN
The Sales has burn out 7.85% in the crowd sales, LTO are forever out of circulation with 39,267,891 out of 500,000,00 while the crowd sale offering to be burn is 54.16% in the enlisted post-crowd sales update.
Only 460,732,109 LTO are available due to no return of the burn out sales as because validaor rewards is been use in network fees of LTO blockchain.
As at now only ERC-20 tokens can be traded this can be verified on chain, the movements of speed and private sale investors. Ranging from ERC-20 -> Mainnet here. From Mainnet -> ERC-20 here.
ON BRIDGE TROLL
In validating and leasing in order to keep running the node, the LTO Community is joining the network for this support thereby disregarding the bridge troll fees.

USE of ERC – 20 AND MAINNET
From Mainnet to ERC – 20 289,552 LTO were burned across the bridge reaming the total number of 460,73,109 LTO available.
You need to liquidity comes from ERC-20 tokens which are traceable directly while coins from mainnet involves participation, staking and leasing in the blockchain.

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