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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21523449 No.21523449 [Reply] [Original]

>Latest news
Germany moves ahead with legal framework on Tokenized securities.
https://www.securities.io/digital-securities-about-to-go-mainstream-with-germanys-new-draft-law/
Background:
Lition tries to position itself as the go to STO-platform through collaboration
'with policymakers to shape legal framework for security token offerings (STOs).'
https://medium.com/lition-blog/litions-roadmap-2019-c3ffd89143a1
Lition has been advising German Senator Heilmann on legislative proposals.
'said Richard Lohwasser, the CEO of blockchain startup Lition, which has been advising Heilmann on the new legislative proposal.'
https://www.coindesk.com/german-finance-ministry-calls-for-regulated-blockchain-securities-market

>infovideo
https://youtu.be/upUoOSnZvdY

>How To Buy
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2
https://www.hotbit.io/exchange?symbol=LIT_ETH

>Node Registration Now Open
https://docs.google.com/forms/d/e/1FAIpQLScBXe3hLbB-fTCqQH5PtL8K14RhR5AiT5tYonUNfRypdY0CPw/viewform

>How To Stake
https://medium.com/lition-blog/getting-started-with-lition-pool-staking-how-to-deposit-733ff18cb8f3

>Lition Maker Energy Sidechain
http://bcenergymainnetc.lition.io:22003/dashboard

>Staking Calculator
https://www.litionstaking.com/

>Official Site
https://lition.io/

>Twitter
https://mobile.twitter.com/Lition_Block

>Whitepaper
https://www.lition.io/docs/Lition_Whitepaper.pdf

>Price
https://www.coingecko.com/en/coins/lition

>Previous threads (newest to oldest)
*Virgin /lg/ editions
>>21504271
>>21425374
>>21389465 *
>>21340375
>>21292059 *
>>21250125
>>21223512
>>21217278
>>21185336
>>21208484
>>21167992
>>21156747
>>21148600
>>21131892 *
>>21096929
>>21091683 *
>>21056556 *
>>21052456
>>21023848

>> No.21523476
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21523476

Damnit forgot the title.
Forgive me bro's for I have sinned.

>> No.21523562

>>21523476
buy BRJ and u maybe forgiven

>> No.21523597
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21523597

>>21523562

>> No.21523995

13 eurocents stable coin scam!

>> No.21524109

The things I would do to Luisa...unthinkable

>> No.21524120

I'm probably never be able to trust krauts again after this..

>> No.21524132

>>21523449
Wut?
Is dat @dispatch

>> No.21524389

are we fudding now? whos trying to buy at 10 cents

>> No.21524459

>>21524389
definitely not fudding, just helping anons not buying into this SCAM

>> No.21524522

>>21524459
A scam that currently working with German legislators to write the laws around data protection and block-chain integration? Pull the other one fella.

>> No.21524591

>>21524522
this

>> No.21524759

Lit will be worth atleast $100

>> No.21525208

>>21524759
It will be at least 3 bucks at mainnet launch.

>> No.21525289

>>21523449
>Germany moves ahead with legal framework on Tokenized securities.
>https://www.securities.io/digital-securities-about-to-go-mainstream-with-germanys-new-draft-law/

This is incredibly bullish. I wish I could buy a bit more.

>> No.21525489

When will we get some updates on this project anons?
I'm not really sure anymore if the radio silence over the last months is bullish or bearish.

>> No.21525648

>>21525489
There's only two options really.
Either Richard is busy building their mainnet or new lego castles.

>> No.21525762

>>21525489
Europe is just coming out of lock down. All the big energy conference etc were cancelled so progress is probably slower than desired but this isn't some /biz/ pump and dump. This is a team of phds with institutional backing working on an industry standard protocol for gdpr compliance in a very heavily regulated market. the EU is committed to carbon neutrality by 2050 and the current economic sock will probably accelerate this process, they're talking about 1trillion in green energy stimulus over the next EU budget period... If your a holder you should be exited imo.

>> No.21525805

>>21523449
RICHARD PLEASE HAVE MERCY ON MY SOUL

>> No.21525869

>>21525489
>>21525648

I wouldn't be worried about when. It is coming, but of course, all of us would like gains right now.

>> No.21526154

>>21525208
Kek, no it won't.
You think people have their eyes on this? Twitter and reddit doesnt know this exists.
/biz/ laggards will buy in at mainnet and pump it to 35 cents.
They'll get anxious again
>oh no no no, I bought the top again. Kill me!
From then on we'll have more good news and we'll see adoption take place on the lition mainnet by following the blockchain explorer.
$5 EOY 2021
$50 EOY 2022

>> No.21526197

>>21525762
I've heard all of this before.
They're impressive on the business side, that's for sure. But damn, they really need to dig in and focus as much of their resources as possible on the tech side.
I can just hope that's what they're doing right now but I can't know for sure because of the lack of any updates from the team.
Well I'm holding for the time being because the liquidity is too low right now for me to exit anyway and everything else is too pumped to enter.
This project sure has huge potential but it all depends on the team and how they focus their resources.

>> No.21526354
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21526354

IN BIG DICK RICKY WE TRUST

>> No.21526409
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21526409

The STO use case by itself would realistically justify $50 per LIT or more. Lition has without a doubt the best possible starting position in Germany and probably in all of Europe regarding this emerging multi-trillion $ market.

>> No.21526429

>>21523449
When the next AMA ?

>> No.21526564

>>21526409
Yeah anything long term below $100 is unironically FUD.
Worth $50 on STO
Worth $50 on energy usecase
Worth $20 on syndicate loans usecase
Worth $100 as developer platform for industrial application (think SAP)

And thats just a legit valuation. During crypto mania can always become significantly overvalued.

>> No.21526576

>>21526409
Let's just hope they deliver before Europe starts falling to pieces.
Should have a little more time at least than the USA kek.

>> No.21526584

>>21526197

Of course they are working on the tech. What else could they be doing? They sure as fk aint marketing, they aint building hype and they are not getting exchanges. What I just mentioned is the standard procedure of shitcoins.

Let me put it this way, what are they doing, if not that?

The answer is obvious.

>>21526154

This dude speaks the truth. Even with mainet, not much will happen since it is so unknown. When they get a bigger exchange such as Binance it will pump 30-100x, but currently not much happening. Just stake and HODL for free money. If not, go gamble on the other BIZ favorites.

>> No.21526593

>>21523449
Unironically bought 100k.
Germans are the master race.

>> No.21526771
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21526771

>> No.21526805

>>21526584
>What else could they be doing?
Playing with legos for example.

>> No.21526876

>>21526805

You say that like it's a bad thing

>> No.21526924

>>21524759
I've got a 6 figure stack but that's not happening any time soon...
Maybe if they expand beyond Germany but they're the kind of team to judiciously do things right before moving on.
Take the mainnet launch issue as an example. If this were a rug pull or pump and dump, they'd not bother solving the consensus issue. They'd just launch the mainnet, pay binance to list and exit.
Instead they've delayed their launch by half a year to fix the issue. Have detailed the CS problem in depth on their Medium and will launch when everything works perfectly.

I want $100 too but that's years away if ever.

>> No.21527032

>>21526924

Same. I don't mind to be honest. Gives me more time to stake and increase the stack. This is my make-it project. With LINK it took about 3 years to hit 20 dollars from 15 cents. I see the same with LITION. They know the tech and business will speak for itself, like LINK did back in the day. However, most people on biz want quick gains. Tell any normal, same person you have guarantee them MINIMUM 3x in 3 years, and they will bite your hand off. While in here, people scoff at a low risk high reward play that can retire them in 2-3 years. People are fickle, and because of that, we get stupidly rich.

>> No.21527381
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21527381

We need more moon memes, soon™.

>> No.21527389

>>21526771
Still would.

>> No.21527462 [DELETED] 
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21527462

>>21527381

>> No.21527519
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21527519

>> No.21528125
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21528125

>> No.21528523

>Monday
>still Radio silent from Team
uh guys i think they ...........

>> No.21528532

>>21527381
I like this one

>> No.21528541
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21528541

...

>> No.21528607

>>21523476
No this is better....

>> No.21528954

>>21528523

Radio silence is good. The announcement will soon be made.

>> No.21529238

I own 1% of the total diluted lition supply AMA

>> No.21529244

>>21528954
the calm before the storm.

>> No.21529464

>>21528954
>>21529244
i hope so but seeing scam coins mooning while lition dumping&crabing make me believe whales don't wanna touch a coin with a team dumping as soon as they can, that's the only logical explanation
our only hope now is Richard announcing mainnet release before end of sep but also im not counting on that, please don't delay it more pleeaaaaaaaaaaaaaase our village need water and money to buy a cow

>> No.21529490

>>21529238
proof or stfu

>> No.21529515

>>21529238
How long do you plan to hold, when do you think LIT will reach $1 and how high do you think it will go eventually?

>> No.21529545

>>21529464

> touch a coin with a team dumping as soon as they can

the price doubled since they sold ecosystem tokens (which were meant to be sold - see the whitepaper) and they're not selling anything since weeks.

>> No.21530114

>>21523449
orderbook looks thin we are bout to pump

>> No.21530288
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21530288