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Topic: [ANN][LAT] Latium Tasking Platform and Token Sale (Read 6812 times)

full member
Activity: 196
Merit: 100
Do you plan to connect fiat money and crypto as well, so that people can pay for the services in fiat and the app converts the money into crypto automatically? Would be cool and easier to use for non-crypto communitites. Anyways, good luck to you, dev!
hero member
Activity: 672
Merit: 500
I have long waited to sell latium at a price higher than 100 LAT = 1 ETH, but I see LAT prices in HITBTC are still very low
sr. member
Activity: 546
Merit: 250
Latium - Coming soon to the Ethereum network
Hello Everyone!

We have some big announcements to make. First off we would appreciate it if you visited https://latium.org/ and watched the video of our CEO David Johnson discussing some of the changes to be made concerning the future of the Latium sale.

We appreciate all of the support through the initial phase of the token sale and consider it a huge success. Moving forward there are some changes that we want everyone to be aware of.

First, LAT is now listed on HitBTC at https://hitbtc.com/LAT-to-BTC. LAT is now a fully functional token that can be deposited, exchanged and withdrawn. We know everyone has been waiting on that and we appreciate your patience. We were working in the background on the changes and getting everything in line before the token was listed.

With that being said, we have some major announcements concerning the future of the sale. Through a huge amount of research and discussions with the community, advisors, investors, and potential investors the Latium team has decided to split the LAT token. We believe that through this move we will provide the best opportunity for current and future investors, as well as the long term viability of the Latium Platform.

Some general information about the split:
The team has created a new token called LATX. LATX will be the focus of the team in the next phase of the sale beginning on October 31st with a whitelist sale. The general sale with begin on November 15th. Any current LAT holders will be able to transfer their LAT to the LATX token at a rate of 1 LAT for 11 LATX. The ability to transfer LAT to LATX will exist in perpetuity, meaning you will be able to transfer later this month, next month, next year, or 10 years from now.



As stated earlier, the whitelist sale for LATX begins October 31st. You will find more detailed information about the whitelist sale in the updated whitepaper which is due out early next week, but the concept is to create an evenly distributed supply of tokens. Creating an evenly distriubuted supply providdes security against whales buying the entire supply and then dumpind the tokens. During the general sale, which begins on November 15th, you will be able to purchase LATX at a rate of 2000 LATX for 1 ETH. Ethereum will be the only currency accepted during the sale.

The original LAT token will not be used in the platform in any way. LATX will be the only token used in the platform. We of course suggest you hold LAT and transfer to LATX once that is available, but listing LAT on HitBTC provides you with the ability to make that choice on your own.

Some other important news is that we have partnered with the Wings platform. If you do not know what Wings is, it is an ICO review community. The Wings community has around 8000 members who will review the whitepaper, the team, the token structure, the product and every minor detail of the entire project and provide rankings and reviews for it's potential success. This will begin in the next 3-4 weeks and we are thrilled to work with Wings.

We know this is a lot of information and if you have any questions please feel free to reach out to us on Slack, Telegram or send an email to [email protected] and we will get back to you as soon as possible.

Again, thank you all for your support!

I am happy with this good news. But why make a new coin (LATX). and the current price is very low. where from the beginning it says 100 LAT = 1 ETH.

We felt that restructuring the token into a new one that has a lower initial purchase price will allow investors to earn more on their purchase. The lower initial purchase price of LATX will provide investors with a chance to earn more without the token having to go up substantially in price.
newbie
Activity: 10
Merit: 0
Hello Everyone!

We have some big announcements to make. First off we would appreciate it if you visited https://latium.org/ and watched the video of our CEO David Johnson discussing some of the changes to be made concerning the future of the Latium sale.

We appreciate all of the support through the initial phase of the token sale and consider it a huge success. Moving forward there are some changes that we want everyone to be aware of.

First, LAT is now listed on HitBTC at https://hitbtc.com/LAT-to-BTC. LAT is now a fully functional token that can be deposited, exchanged and withdrawn. We know everyone has been waiting on that and we appreciate your patience. We were working in the background on the changes and getting everything in line before the token was listed.

With that being said, we have some major announcements concerning the future of the sale. Through a huge amount of research and discussions with the community, advisors, investors, and potential investors the Latium team has decided to split the LAT token. We believe that through this move we will provide the best opportunity for current and future investors, as well as the long term viability of the Latium Platform.

Some general information about the split:
The team has created a new token called LATX. LATX will be the focus of the team in the next phase of the sale beginning on October 31st with a whitelist sale. The general sale with begin on November 15th. Any current LAT holders will be able to transfer their LAT to the LATX token at a rate of 1 LAT for 11 LATX. The ability to transfer LAT to LATX will exist in perpetuity, meaning you will be able to transfer later this month, next month, next year, or 10 years from now.



As stated earlier, the whitelist sale for LATX begins October 31st. You will find more detailed information about the whitelist sale in the updated whitepaper which is due out early next week, but the concept is to create an evenly distributed supply of tokens. Creating an evenly distriubuted supply providdes security against whales buying the entire supply and then dumpind the tokens. During the general sale, which begins on November 15th, you will be able to purchase LATX at a rate of 2000 LATX for 1 ETH. Ethereum will be the only currency accepted during the sale.

The original LAT token will not be used in the platform in any way. LATX will be the only token used in the platform. We of course suggest you hold LAT and transfer to LATX once that is available, but listing LAT on HitBTC provides you with the ability to make that choice on your own.

Some other important news is that we have partnered with the Wings platform. If you do not know what Wings is, it is an ICO review community. The Wings community has around 8000 members who will review the whitepaper, the team, the token structure, the product and every minor detail of the entire project and provide rankings and reviews for it's potential success. This will begin in the next 3-4 weeks and we are thrilled to work with Wings.

We know this is a lot of information and if you have any questions please feel free to reach out to us on Slack, Telegram or send an email to [email protected] and we will get back to you as soon as possible.

Again, thank you all for your support!

I am happy with this good news. But why make a new coin (LATX). and the current price is very low. where from the beginning it says 100 LAT = 1 ETH.
sr. member
Activity: 546
Merit: 250
Latium - Coming soon to the Ethereum network
Now this are some good news about listing! But still, people will be annoyed by another exchange (LAT -> LATX). Anyway I am not selling mine, price is too low right now.
We understand that about exchanging LAT to LATX which is why we made it to where LAT holders can take it to HitBTC if they wish
hero member
Activity: 707
Merit: 501
Now this are some good news about listing! But still, people will be annoyed by another exchange (LAT -> LATX). Anyway I am not selling mine, price is too low right now.
newbie
Activity: 12
Merit: 0
I hope there is certainty and not just a hope
Kj1
sr. member
Activity: 434
Merit: 250
Whats wrong with LAT ? You promised we can trade this coin soon. But now i cant see any exchange for trade this coin.

How long we must wait ? Please confirm the exact date sir. Thank you
Hello,

We are definitely working toward a solution and will be making a statement very soon. We apologize for the delay but we will be making an announcement later in the week or early next week.
great, hope LAT will listed in bittrex or other big exchange
member
Activity: 108
Merit: 10
Whats wrong with LAT ? You promised we can trade this coin soon. But now i cant see any exchange for trade this coin.

How long we must wait ? Please confirm the exact date sir. Thank you
Hello,

We are definitely working toward a solution and will be making a statement very soon. We apologize for the delay but we will be making an announcement later in the week or early next week.

Great, thanks for the info
sr. member
Activity: 364
Merit: 251
2000 LATX equals 1eth
not too much when compared with a total of 1 eth from another ico project and I hope ico can succeed and sales tokens are in a good market
sr. member
Activity: 546
Merit: 250
Latium - Coming soon to the Ethereum network
sorry dev, i'm a little confused, according to what you say that 2000 LATX = 1 ETH and my question is who will buy this LATX? are you alone or there are other investors? or just swap  2000 LATX directly with Ether ??

2000 LATX = 1 ETH is simply the ratio of LATX to ETH which will be available during the general sale of LATX.
member
Activity: 92
Merit: 10
sorry dev, i'm a little confused, according to what you say that 2000 LATX = 1 ETH and my question is who will buy this LATX? are you alone or there are other investors? or just swap  2000 LATX directly with Ether ??
member
Activity: 73
Merit: 10
I still have 60 LATC in my wallet.  Having missed out on the earlier opportunity, will there be any other opportunity to trade out or have I lost out completely?  Just want to know if my LATC have any hope or I should just delete my wallet and walk away.


LATC will not be able to be transferred again. The option to transfer LATC was available for nearly a month. I'm sorry you missed it but there isn't really anything we can do about that.

Personal prediction: Latium will go NOWHERE, just like the first time.  They will take people's money (in ETH/BTC) and keep "changing focus" (just like this new LAT token -> LATX garbage).  It's all a scam, people!  But, as someone famous once said... "There's a sucker born every minute."  Shame people never learn.

i think a big factor in this is relaunching LATX with the help of wings platform. it'll bring much more attention to the project. LAT investors aren't losing anything and are actually gaining exposure for their investment - increasing the likelihood that it increases in value
sr. member
Activity: 546
Merit: 250
Latium - Coming soon to the Ethereum network
How exactly will this transfer happen? Will we do this within myetherwallet by sending our existing LAT to an address and receive back 11x the amount sent? If so, will this be an automatic transaction or will the dev team have to manually process each request?
Yes that is how it will happen. It will be an automatic process. Once you send your LAT and it is confirmed then your LATX will automatically be sent to the Ethereum address you sent the LAT from. It shouldn't take more than 30 minutes and should be a lot less than that. This is all dependent on confirmation times of course.

There will be a portal and instructions on our site as soon as it is updated. This should happen by either the end of this week or early next week. You will be able to transfer LAT to LATX in perpetuity. Meaning you could transfer now, a month from now, a year from now, whatever.
full member
Activity: 420
Merit: 101
I am the original miningteam23
How exactly will this transfer happen? Will we do this within myetherwallet by sending our existing LAT to an address and receive back 11x the amount sent? If so, will this be an automatic transaction or will the dev team have to manually process each request?
full member
Activity: 161
Merit: 100
I still have 60 LATC in my wallet.  Having missed out on the earlier opportunity, will there be any other opportunity to trade out or have I lost out completely?  Just want to know if my LATC have any hope or I should just delete my wallet and walk away.


LATC will not be able to be transferred again. The option to transfer LATC was available for nearly a month. I'm sorry you missed it but there isn't really anything we can do about that.

Personal prediction: Latium will go NOWHERE, just like the first time.  They will take people's money (in ETH/BTC) and keep "changing focus" (just like this new LAT token -> LATX garbage).  It's all a scam, people!  But, as someone famous once said... "There's a sucker born every minute."  Shame people never learn.
sr. member
Activity: 546
Merit: 250
Latium - Coming soon to the Ethereum network
I still have 60 LATC in my wallet.  Having missed out on the earlier opportunity, will there be any other opportunity to trade out or have I lost out completely?  Just want to know if my LATC have any hope or I should just delete my wallet and walk away.


LATC will not be able to be transferred again. The option to transfer LATC was available for nearly a month. I'm sorry you missed it but there isn't really anything we can do about that.
full member
Activity: 161
Merit: 100
I still have 60 LATC in my wallet.  Having missed out on the earlier opportunity, will there be any other opportunity to trade out or have I lost out completely?  Just want to know if my LATC have any hope or I should just delete my wallet and walk away.
member
Activity: 73
Merit: 10
due to the swap, the LAT price is effectively pegged to 0.000385 BTC. this includes the 10% bonus LAT holders will get when they swap for LATX. though volume is low, the market is offering discounts for those who are patient
sr. member
Activity: 546
Merit: 250
Latium - Coming soon to the Ethereum network
at an early stage.....

Phase 1.
1 LATC = 1 LAT

Phase 2.
100 LAT = 1 ETH

new update......

1 LAT = 11 LATX
100 LAT = 1100 LATX
2000 LATX = 1 ETH

I feel very aggrieved. or indeed I am wrong. explanation please. because I feel the initial token holders will lose 900 LATX.

Hello,

Just to clarify for everyone,

Everyone who purchased LAT in the first phase of the sale got it at 100 LAT = 1 ETH. We then gave everyone who purchased a 100% bonus to they ended up getting 200 LAT = 1 ETH.

There will be an option in the near future to transfer your LAT that you have purchased to the new LATX token at a 1 LAT = 11 LATX rate. This means that if you bought 1 ETH worth of LAT then you can transfer that 200 LAT and get 2200 LATX.

The next phase of the general sale is 2000 LATX to 1 ETH
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