Cryptocurrencies

Text

LTO Network coin issuance price, total amount and white paper introduction

With a coin issuance price set at €0.15, LTO Network's initial coin offering in 2017 successfully raised €15 million.

Dec 30, 2024 at 05:22 pm

Key Points

LTO Network's coin issuance price was €0.15.
The total amount of LTO is 10,000,000,000.
The LTO Network white paper outlines the project's goals, technology, and tokenomics.

Coin Issuance Price

The LTO Network coin issuance price was €0.15. This price was set during the project's initial coin offering (ICO), which was held in 2017. The ICO raised a total of €15 million.

Total Amount

The total amount of LTO is 10,000,000,000. Of this amount, 6,000,000,000 LTO was sold during the ICO. The remaining 4,000,000,000 LTO is held by the LTO Foundation.

White Paper Introduction

The LTO Network white paper is a comprehensive document that outlines the project's goals, technology, and tokenomics. The white paper was published in 2017 and has since been updated several times.

The white paper begins by describing the problem that LTO Network is trying to solve. The problem is that the current system for managing digital identity is fragmented and inefficient. This makes it difficult for individuals and businesses to verify the identity of others online.

LTO Network aims to solve this problem by creating a decentralized, blockchain-based identity management system. This system will allow individuals and businesses to create and manage their own digital identities. It will also make it easier for them to verify the identity of others online.

The white paper then goes on to describe the technology behind LTO Network. The network is based on the Ethereum blockchain. This provides LTO Network with the security and immutability of the Ethereum blockchain.

The white paper also describes the tokenomics of LTO Network. The LTO token is a utility token that is used to pay for transactions on the LTO Network. The token can also be used to stake in the network. Staking helps to secure the network and allows holders to earn rewards.

FAQs

What is the purpose of LTO Network?

LTO Network is a decentralized, blockchain-based identity management system. It allows individuals and businesses to create and manage their own digital identities. It also makes it easier for them to verify the identity of others online.

What is the LTO token?

The LTO token is a utility token that is used to pay for transactions on the LTO Network. The token can also be used to stake in the network.

What is the total supply of LTO?

The total supply of LTO is 10,000,000,000.

Where can I buy LTO?

LTO can be purchased on a variety of cryptocurrency exchanges, including Binance, Coinbase, and Kraken.

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