LTO Network is a hybrid blockchain platform with business-to-business functionality. The project, which has raised about $4 million through private and public token sales, was co-founded by Rick Schmitz and Martijn Migchelsen. Consensus on the public layer is accomplished through...
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Issue Date2019-02-05
Initial Price--
Max Supply500,000,000 LTO
Total Supply410,805,826 LTO
Circulating Supply410,805,826 LTO
Algorithm--
Exchanges--
Consensus--
Events
Pass the final testing phase and release the Leasing Proof of Importance LPOI, a variant of LTO's Proof of Stake.
Release of Proofi, a new SaaS product dedicated to reinventing the world of signatures. Target B2B, B2C, C2C or M2M; launch LTO marketplace dedicated to connecting blockchain business-centric applications for companies and developers to use.
Open source public chain code, modifications to Waves/NXT; launch open source layer 2 toolkit, unique FSM temporary event chain.
LTO Network launched the mainnet and closed its last token sale, raising $990,000 in the last round.
Participated in the biggest hackathon with the WAVES team and was awarded the "Best Code" award by BlockChaingers. Proof-of-concept launched for waste transport tender launch.
Release of proof of concept (PoC) for the Dutch Ministry of Justice.
In a blockchain hackathon organized by the Dutch Ministry of Justice and Security, LTO Network demonstrated that entire legal proceedings can be digitized as an FSM and stored on the blockchain. This led us to the first prize of the event, which included the task of creating the first digitized legal process for the Dutch legislative system on the blockchain.
LTO Network created the software for FIRM24 to run the company registration process. Other customers are also interested in these digital programs. LTO Network made a small pivot and shifted its focus to digitizing contracts into FSMs (Finite State Machines), rather than just signing them.
Released the first white label version of the LegalThings platform. This release introduces document and form builders, a document management system, advanced user and rights management, and digital signatures.
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Team
Rick Schmitz
Martijn Migchelsen
Arnold Daniels
Arnold Daniels
System Architecture Mentor
Sven Stam
Sven Stam
Chief Technology Officer
Investment Agency
Rick Schmitz
Martijn Migchelsen
Arnold Daniels
Sven Stam
Torque Ventures
Obsidian Capital
