LTO NETWORK PLATFORM review social mining

LTO Network - https://lto.network/

LTO Network can be seen as a blockchain platform that is enabling B2B to collaborate on an equal level by using a trustless processes: essentially any business process (BPM) or legal agreement can be automated with the Live Contracts (extended deterministic Finite State Machines). The LTO infrastructure combines miniature ad-hoc permissionless private chains and a permissionless public chain.

Social Mining - https://community.lto.network/referral/WaJLkvfA3oJf4gZ/ - after registering for the ref link, you will immediately receive 20 points). This program is built on building a community, the award has not been announced, but it is indicated that this will be a valuable incentive. We tell everything we know about this ICO and wish them success, because we want projects to stop being afraid to enter the market again.

The power of a community is that every member is able to function as an autonomous actor and work for the benefit of that community. It's a more scalable and a more transparent way of working. With the benefits of the blockchain, economics amplify the effects of distributed work.

You can help us with:

​Adoption: bring clients and integrators to the network -> chat​

​Marketing: write articles, spread the word around -> chat​

​Building: creating tools and Live Contracts -> chat​

As a community, we should demonstrate to others our serious approach and encourage everyone to talk about speculation as little as possible. Try to get new members into LTO Network community based on substantial value of the project!

Be rewarded for your work
Working + Holding = Rewards
Working+Holding=Rewards
Genius math, right? Well, it's more complex than that, but you get the idea.

It's not an airdrop or a bounty program, it's a living organism which rewards active community workers. Maning You improve your position if you are:

getting more reputation

holding LTO for longer

holding more LTO

getting more points

The criteria like reputation and time of holding are the most important. Less so the amount of holding and the platform points. Altogether, they form an index for every member individually. Then a mean number is taken across platform and a token amount is allocated to the entire participant list. Every community member can try to over-perform the mean index to get the best ranking by doing more tasks. The higher you are, the more you get. Think of it like Bitcoin hash rate. It's a smart system, where a big passive holder would get diminishing returns, which would make it fair for someone who cannot buy too much LTO, but creates value.

Set up your account
Register on the Community Platform

Connect a wallet where you hold LTO (you need to own private keys of those wallet). It can be either an ERC-20 or mainnet wallet. If you have mainnet LTO, you can also combine it with network mining. You need to hold minimum 1000 LTO.

Fill in mainnet wallet address for receiving rewards later on. In case you already hold mainnet LTO, just keep that address.

That's it! Share your work in the chat, and we will keep updating the leaderboard. If we missed some of your work - don't hesitate to send it again.

The important feature is your rank, which predominantly depends on your reputation (community involvement). It's not as essential to climb higher every week or a month, as long as you maintain a healthy position within the community. If someones becomes less active, you take their place.

For over 3 years of building LTO Network community, the crowd sale is finally over but then there more to come. Because this won’t be the end but a landmark to another greater greatness. There is no way this would have been achieved without the clients, developers, organization and users across the world.

For LTO Network to keep adding value and making it a better Blockchain Network, here are the set goals to be achieved. Let us be informed that all raised funds have been liquidated into USD which will facilitate the development project, so there is no intention to speculate with raised funds.

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CONCLUSION

The main target is to have a developer and integrator companies like LTO Network to join the BlockChain where they can easily build a pilots and find way to integrate their product with LTO Network through the use of token economy. Many underground job is on about that with talks with some parties that might show interest especially the AMA with CryptoArnie.

Roadmap.

LTO Network released economic white paper in September 2018. In addition to the economic white paper, they also published a technical paper. The team has been working on providing digital legal solutions for about four years. However, it should be noted that the previous nature of the LTO Network products was not based on the blockchain. In May 2018, a partnership with the Waves was announced. No details were provided on how the two projects will specifically collaborate. Further partnerships were announced with POA Network, CPChain and NuCypher. In addition, a number of clients are mentioned in the LTO Network, but these clients are not yet using their blockchain-based platform. Important strategic investors were not disclosed at this stage.

Management and economics of the token.

The LTO Network will initially distribute the ERC-20 token. Potential uses of LTO tokens include hosting, payment of transactions in the form of commissions, and passive retention of the token for speculative purposes. LTO Network customers can participate in the network to reduce their operating costs to zero.

Team and advisors.

The LTO Network was founded by the co-founders of the previous company Firm24, a Dutch company for business registration, and LegalThings, a Dutch contract solution for the real estate market. The CEO and one of the co-founders is Rick Schmitz, who previously worked in the field of direct investment and mergers and acquisitions with Deloitte and PwC. Financial Director and Chief Operating Officer of the LTO Network - Martijn Migchelsen, who previously worked as a corporate finance consultant at PwC. Sven Stam is the Technical Director of the LTO Network and has a master's degree in artificial intelligence and 15 years experience in the industry.

The LTO Network consultants group consists of Mike Egorov, NuCypher Technical Director, Sandor Klein, Docker Sales Vice President, Pedro Irujo from Cemex Ventures and Femke Stroucken from CMS.

Community.

The LTO Network manages the Telegram Group, which has about 23,800 members, and has more than 2,000 followers in its Twitter account. In addition, the project has a YouTube channel with 50 subscribers and a blog on Medium.

#LTO #LIVECONTRACTS @LTONETWORK

For more information visit:

WebSite: https://lto.network/

Twitter: https://twitter.com/ltonetwork

Telegram: https://t.me/LTOnetwork

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authorr: cryptobits3

https://community.lto.network/referral/WaJLkvfA3oJf4gZ/