SignRequest x LTO Network: enabling blockchain for over 1 mil users. Live!
SignRequest, one of Europe’s leading electronic signing providers, added LTO Network’s blockchain solution to its electronic signature application. The integration has been under testing since the beginning of 2019, and is now live!
https://medium.com/ltonetwork/signrequest-x-lto-network-enabling-blockchain-for-over-1-mil-users-live-1ba0604efb99
Topic: LTO Network Review - page 2. (Read 455 times)
Introduction
The purpose of this report is to cover the LTO Network.
For those that have not heard about this project, it has received a fairly significant amount of buzz in the cryptocurrency community as of late.
In specific, its price trajectory since launch has been a significant source of attention since its launch as well.
However, this report will not provide a price analysis. Instead, this report will seek to answer the following questions about the LTO Network:
What are they?
Who are they?
What does it do?
How does it do it?
Can it work?
Transparency/Disclosure and Background Information
Much of the background information for LTO Network can be found on Messari.
https://messari.io/asset/lto-network
What Does the Messari Disclosure for LTO Network Say?
The fact the “LTO Network” was created in 2014.
It began as a “reg tech startup in the Netherlands focusing on company incorporation and quickly grew to account for over 10% of the entire Dutch market”. The author is not sure what market in specific they mean when they allude to the ‘Dutch market’.
“In 2015, the team realized there was a growing demand for workflow automation, and continued building centralized software for Euronext, Heineken, Deloitte, etc.” ← — — — Name dropping some major clients. That’s worth paying attention to and independently verifying in the near future.
Preliminary Information About the Token Sale
“In December 2017 LTO Network raised the seed round of $1.4M among supportive European community members and early adopters. There was an average of 40% bonus in the seed round, and it was almost fully raised in fiat.”
“ After working for a year, developing the product and getting clients, LTO Network raised private sale in December 2018. The bonus was between 15–30%, raising $1.7M.”
“ The last sale round was the crowd sale, in January 2019. The smart contract was open for 60 hours, during January 14–16. In total, 7990 ETH (990,000 USD) was raised, and remaining unsold tokens were burned, which was over 50% of the crowd sale supply.”
more.... https://hackernoon.com/lto-network-review-35a5cdc6044
The purpose of this report is to cover the LTO Network.
For those that have not heard about this project, it has received a fairly significant amount of buzz in the cryptocurrency community as of late.
In specific, its price trajectory since launch has been a significant source of attention since its launch as well.
However, this report will not provide a price analysis. Instead, this report will seek to answer the following questions about the LTO Network:
What are they?
Who are they?
What does it do?
How does it do it?
Can it work?
Transparency/Disclosure and Background Information
Much of the background information for LTO Network can be found on Messari.
https://messari.io/asset/lto-network
What Does the Messari Disclosure for LTO Network Say?
The fact the “LTO Network” was created in 2014.
It began as a “reg tech startup in the Netherlands focusing on company incorporation and quickly grew to account for over 10% of the entire Dutch market”. The author is not sure what market in specific they mean when they allude to the ‘Dutch market’.
“In 2015, the team realized there was a growing demand for workflow automation, and continued building centralized software for Euronext, Heineken, Deloitte, etc.” ← — — — Name dropping some major clients. That’s worth paying attention to and independently verifying in the near future.
Preliminary Information About the Token Sale
“In December 2017 LTO Network raised the seed round of $1.4M among supportive European community members and early adopters. There was an average of 40% bonus in the seed round, and it was almost fully raised in fiat.”
“ After working for a year, developing the product and getting clients, LTO Network raised private sale in December 2018. The bonus was between 15–30%, raising $1.7M.”
“ The last sale round was the crowd sale, in January 2019. The smart contract was open for 60 hours, during January 14–16. In total, 7990 ETH (990,000 USD) was raised, and remaining unsold tokens were burned, which was over 50% of the crowd sale supply.”
more.... https://hackernoon.com/lto-network-review-35a5cdc6044
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