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LTO Network priceLTO
LTO Network price calculator
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About LTO Network (LTO)
What is LTO Network (LTO)?
LTO Network is a leading blockchain platform in Europe with significant real-world applications. Its founding principles revolve around B2B enterprise solutions, including decentralized workflows, data document verification and authentication. Moreover, the COBALT mainnet update in 2021 brought Decentralized Identifiers (DID) and Verifiable Credentials (VC) to LTO Network, making it a promising layer-1 blockchain. The focus of LTO Network now lies in NFT2.0 technology, where people can truly own and manage their NFTs in a decentralized way, thanks to Decentralized Identities and Verifiable Credentials.
LTO Network's hybrid (2-layer) approach ensures GDPR compliance, making it easier for companies worldwide to comply with privacy laws. As a result, developers and businesses can build Privacy Aware Decentralized Apps (PADA) and explore many unique opportunities for their projects.
LTO Network is planning to expand on already established projects, drive KYC through decentralized identities/verifiable credentials, and introduce NFT2.0 technology in the near future.
What makes LTO Network (LTO) Unique?
LTO Network offers two key features that make it stand out: live contracts and the hybrid blockchain mechanism with anchorage. With live contracts, parties can create mutually beneficial agreements in real-time, and once an agreement is reached and a live contract is launched, the LTO parent system creates a special private blockchain to record the contract's history and current state. This private layer ensures that all contract data is available only to its parties while allowing them to register actions, add/remove participants, and record discussions on the blockchain. Live contracts also make it possible to resolve conflicts and insert sub-processes within an existing agreement. LTO Network's hybrid blockchain mechanism is divided into two layers, public and private, making it efficient for collaboration, data exchange, and process automation, while ensuring high-level security thanks to distributed nodes and a reward system.
What is the LTO Token?
LTO Network customers benefit from the versatility of LTO tokens, which serve as both a means of exchange and a store of value. Leveraging Ethereum's ERC-20 standard, LTO tokens can be used to facilitate network transactions, as well as held as an investment for potential gains in value.
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LTO Network Social Data
In the last 24 hours, the social media sentiment score for LTO Network was 3.6, and the social media sentiment towards LTO Network price trend was Bullish. The overall LTO Network social media score was 2,046, which ranks 354 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with LTO Network being mentioned with a frequency ratio of 0.01%, ranking 126 among all cryptocurrencies.
In the last 24 hours, there were a total of 232 unique users discussing LTO Network, with a total of LTO Network mentions of 141. However, compared to the previous 24-hour period, the number of unique users increase by 12%, and the total number of mentions has increase by 62%.
On Twitter, there were a total of 5 tweets mentioning LTO Network in the last 24 hours. Among them, 60% are bullish on LTO Network, 0% are bearish on LTO Network, and 40% are neutral on LTO Network.
On Reddit, there were 41 posts mentioning LTO Network in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 58% .
All social overview
3.6