Shadi D.
Shadi D.
Nov 25, 2021

LTO Network: Leading Hybrid Blockchain Platform.

tl;drThe LTO Network is a trustless blockchain focusing on creating connections and collaborations between businesses. This hybrid blockchain platform is a new standard for data security and collaboration. LTO network stands out from other similar projects since cryptocurrency tokens play an important role in this platform. Cobalt and TITANIUM are two projects that may become game-changers in the new year since the LTO Network has a clear plan to develop them. The growth of 95% in LTO's Twitter followers indicates that this token has became popular over the last month. Furthermore LTO saw significant rise in it's market cap rank from early November 2021 jumped from #540 to #380. LTO’s price has followed the same trend peaking at $.057 at the time of writing on November 25, 2021. This is almost 2X growth over the last month.
LTO Network: Leading Hybrid Blockchain Platform.
LTO Network: Leading Hybrid Blockchain Platform.
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LTO Network's Key Features

The growth of this project comes as no surprise given the abundance of similar platforms and applications available today. Yet amongst these LTO network currently stand out. One reason may that LTO differentiates from most commercial blockchain apps and platforms in that native tokens play an important part in both the network's technical functioning and revenue generation capabilities. This aspect is very unique as most commercial blockchain solutions (at present) stay as far away from cryptocurrency as possible.

LTO Network Similar Projects:

Among all cryptocurrency projects that fall under the umbrella of the Enterprise Solutions the most similar projects to LTO Network are Ontology, Celer Network and Civic. As of writing this post on Nov 25, 2021 the rankings of LTO Network, Ontology, Celer Network and Civic are #382, #121, #130 and #183 respectively. The market cap of Ontology and Celer Network is in the same range $700-$900 million. The market cap of Civic is almost $300 million and LTO Network with $172 million market cap suggesting more upside potential. It is thought that perhaps 2022 could be a game changer year for these projects. Interestingly the LTO Network with Cobalt and TITANIUM project endorsement shows a clear roadmap for expansion and development. Currently the number of wallets created for the LTO Network is at 249 and the number of transactions reported is 3,219 at the time of writing.

What is the LTO Network Exactly?

LTO Network is the company that created "the network". This term refers to a hybrid blockchain platform for enterprise workflow and information validation/management used to uphold, secure and exchange business-critical data.

The aim of the LTO Network is to create and maintain a full-decentralized network with high efficiency blockchain infrastructure. Any company with a need for a production-ready blockchain can easily use LTO Network. The network allows for digital verification of digital assets and enables collaboration through decentralized workflows.

LTO Network Token:

LTO is the native token of the LTO Network which is based on Ethereum’s ERC-20 standard. LTO provides liquidity and serves as a bridge for LTO Network customers. The LTO token can be used for paying for transactions, placement on the network or passively retaining for speculative purposes. 

To pay for key LTO Network functions LTO tokens are necessary like gas. The LTO token is interchangeable with three types of token and it can be swapped with ERC20, BEP2 and BEP20.

LTO Network Technology:

The COBALT mainnet of the LTO Network was updated in 2021 to include Decentralized Identifiers (DID) and Verifiable Credentials (VC) that put this Network on the path to becoming a genuine layer-1 blockchain. LTO Network is a natively General Data Protection Regulation (GDPR) network. Compliance is upheld in this respect thanks to its hybrid (2-layer) approach. This ensures easy conformity for enterprises around the world with ever-increasing privacy rules. As a result the LTO Network enables enterprises with developers to create Privacy-Aware Decentralised Apps (PADA).

Security in LTO Network

The proof-of-stake (PoS) consensus algorithm ensures the security of the LTO Network. Furthermore the GDPR data protection laws of the European Union applies to this Network. The hybrid LTO framework enables private blockchains to be as scalable as possible while maintaining the security features of public blockchain.

What is the current status of LTO Network?

Firstly the LTO network is updating their ERC20-based smart contract. As previously mentioned the LTO Network is currently focussing on two major projects Cobalt and TITANIUM. Cobalt is the most recent upgrade to the LTO Network which adds Decentralised Identifiers and Verifiable Credentials to the LTO Network. This upgrade will allow it to function as an identity platform. TITANIUM will be the next major update of LTO Network which incorporates the next generation of digital assets to focus on digital ownership. TITANIUM enables users to create true decentralised NFTs often known as NFT2.0.

Financial Analysis

LTO token provided its investors with a 405% return on investment (ROI) over the last year. Although the number is quite considerable LTO’s ROI is much lower than similar projects ROI (1,899%). LTO underperformed compared to the market’s top 1500 projects with an average ROI of 1,754%.

LTO's popularity

Popularity can potentially affect the success of a cryptocurrency project. Our data shows that LTO's popularity on Twitter went up by 95% over the last five months increasing to 20k followers as of writing this post. Respectively Reddit and Telegram channel subscribers saw a growth of 37% and 7%.

LTO's market cap and price

Market cap is one of the most critical financial factors. LTO skyrocketed in its market cap rank from early November 2021. LTO’s market cap jumped from #540 on Nov 3 to #380 at the time of writing this post. LTO’s price has followed the same trend peaking at $.057 on Nov 25. This almost 2X growth over the last month.

Is LTO Network The Best Cryptocurrency to Invest in?

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