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

/biz/ - Business & Finance


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File: 140 KB, 1000x1000, LITGEN184.png [View same] [iqdb] [saucenao] [google]
26563617 No.26563617 [Reply] [Original]

News
>First commercial use case to be announced shortly:
"We are pleased to inform TomoChain Pte. Ltd and Lition Energie GmbH are at the final phase of contract negotiations on the integration and management of Lition Energie transactions into the Lition Blockchain. We hope to deliver news on the completion of this deal to the community shortly."
>LITION / TOMO airdrop announced:
https://medium.com/tomochain/tomochain-lition-welcome-event-28-000-usd-giveaway-phase-2-a5469c3d4135
>Dr Richard Lohwasser 13th January AMA:
https://hank69moody.medium.com/a-summary-of-the-ama-by-richard-lohwasser-in-the-unofficial-german-community-e2c53e1c7b80
>Update on outstanding pre-acquisition programs:
https://medium.com/lition-blog/2nd-update-on-litions-outstanding-programs-pre-acquisition-9ae125722e27
>Lition advise German government on legislation:
https://medium.com/lition-blog/lition-advised-the-german-government-on-the-newly-passed-legislation-726d9c9c5cb7
>Lition hires ex-google employee as new head of marketing:
https://www.linkedin.com/in/miranda-gowlland/

>Contract
0x763fa6806e1acf68130d2d0f0df754c93cc546b2

>Official Site:
https://lition.io/

>What is Lition?
https://youtu.be/upUoOSnZvdY

>How To Buy:
https://dex.tomochain.com/trade/LIT-USDT
https://idex.market/eth/lit
https://app.uniswap.org/#/swap?outputCurrency=0x763fa6806e1acf68130d2d0f0df754c93cc546b2

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

>Lition Energy Mainnet Dashboard:
http://bcenergymainnet.lition.io/dashboard

>Twitter:
https://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)
#183 >>26516497
#182 >>26509950
#181 >>26500142
#180 >>26451823
#179 >>26402872

>> No.26563860

I think we need a bigger number in the OP picture. Don’t want to get mistaken for a s**tty litty general.
Also:
20 UNITED STATES CENTERINOS EOW

>> No.26563929

Low energy thread, very appropriate for this project

>> No.26563964
File: 304 KB, 800x712, bizraelis.png [View same] [iqdb] [saucenao] [google]
26563964

I got a PM from patricio a
And nghia that real tx's are coming Thursday.

>> No.26564191

>>26563964
No you didn’t!

>> No.26564248

This isnt how it works.. basically buy $3 EOY

>> No.26564335
File: 827 KB, 989x1045, 1611500679850.png [View same] [iqdb] [saucenao] [google]
26564335

>>26563617
Finally an appropriate format for a LIT general.

>> No.26564382

>>26563617
Based number autist.
Appreciated.

>> No.26564402
File: 112 KB, 500x281, loomergif.gif [View same] [iqdb] [saucenao] [google]
26564402

>>26563929
Here's some high energy for you

>> No.26564494
File: 107 KB, 680x324, numberprinter.png [View same] [iqdb] [saucenao] [google]
26564494

>>26563929

>> No.26564495

Ded

>> No.26564581

don't own this, looks good but like comment above, some pretty dead looking volume

>> No.26564604

>>26564581
Sadly we got liquidity problems, binance is probably coming in April so it would be wise to get in before. $3 EoY

>> No.26564671

>>26564581
True liquidit problems are up next after the first usecase is finallized.
The question is: you want to buy now with low liquidity at 6c or when we get on Binance at 1$?

>> No.26564860

I remember trying to buy Dusk and it had no liquidity and ended up with BCDT (don't laugh)

Whats the incentive for holding? I'm a bit sick from too much to drink. The coin regulates energy or something?

>> No.26564996
File: 110 KB, 568x571, Screenshot_20210124-104545.jpg [View same] [iqdb] [saucenao] [google]
26564996

Gentlemen, I have a announcement to make *clears throat*. First of all I'd just like to say the following people please kys: Richard, Long Wang, Mark, Adam Salam, Alex, Dark Viper, ftp, bm, guts, Mike(stfu Mike), J J, Mitch WS, David Paper, Trevor, Low IQ chad. Kys everyone.
Thanks for listening.

>> No.26565050

>>26564860
using the blockchain, the gasfees are payed in lit, so the bigger the usecase (transactions on chain) the more people staked will earn.

since the first real usecase is going live soon, the numbers can only go up

>> No.26565060

>>26564860

>staking for more tokens (bought on-market and distributed to validators by lition energie/usecase companies once ecosystem pool runs out)
>rewards increase with new usecases so getting in now makes it easier to live off the passive income for life
>Chainlink partnership imminent to solidy real use case transactions pegging it to $0.01/tx
>Energy usecase already has 15k REAL customers and will multiply that this year
>TOMO also targeting more enterprise solutions
>TOMO confirmed major exchange listings down the line (probably within the next month)
Holding even just 10k tokens will make you rich,
This is your chance to make it anon, DYOR

>> No.26565082

>>26565050
Also the gas is payed in $ and then conferted to lit so you should get a constant $ value, so if price of lit goes down you earn more lit and if price flit goes up you earn less lit

>> No.26565138

>>26564494
>I made him this mad that he actually made this meme
Truly honored, fren. I'll help bump this one.

>> No.26565195

>>26565050
>>26565060
Ill see if I can get some in the coming weeks, thank you

>> No.26565233

Forgot to ask, best place to buy?

>> No.26565274

Test

>> No.26565328

>>26565138

Thanks fren. It’s important to have an replacement for mike.

>> No.26565331

>>26565233
Uniswap anon, good luck

>> No.26565336

>>26564494
Top kek

>> No.26565348

>>26565331
thanks fren, just added the contract

>> No.26565402 [DELETED] 
File: 135 KB, 781x378, ChagLITGENvsVirginslg.png [View same] [iqdb] [saucenao] [google]
26565402

>>26563929

>> No.26565515

>>26564494
>>26565402
Very nice frens

>> No.26565539
File: 135 KB, 781x378, ChadLITGENvsVirginslg.png [View same] [iqdb] [saucenao] [google]
26565539

>> No.26565813

>>26565539
Based

>> No.26565883

>>26565539
OK, what are the LIT fundamentals then?

>> No.26566030

>>26564996
What about Hank and Kilian?

>> No.26566248

>>26565883

Here you go. Anything you wanna know in depth?

>>26565060

>> No.26566280

why are we dumping? is everyone selling of the 300 LIT they got for free last night?

>> No.26566428
File: 170 KB, 2560x1372, 25179C7E-4394-40CF-8C7F-8AE34432A5C3.jpg [View same] [iqdb] [saucenao] [google]
26566428

>>26566280

A big whale is playing with the price. Stay tight until we get the real txs announcement would be my advice.

>> No.26566578

>>26566280
Whole market is red right

>> No.26566643
File: 1.01 MB, 2359x1749, 1603812524704.png [View same] [iqdb] [saucenao] [google]
26566643

henlo frens

>> No.26566650

>>26566428
I always get so extremely erect when I trust the plan, thanks long dong

>> No.26567062

>>26566643
Henlo Ranjit

>> No.26567977
File: 261 KB, 636x637, LitGenFrens.png [View same] [iqdb] [saucenao] [google]
26567977

>>26566643
Hi fren
I have to step out for a while but please keep this thread going to the bump limit.

>> No.26567983

>>26565060
Autism anon here.
So I looked at these high growth companies in the fortune 5000.
https://fortune.com/100-fastest-growing-companies/

The top 10 had an average 3-year growth of 37.5% and a median 3-year growth of 32%.
The average price-to-earnings ratio was 82.1 with the median being 86.9.
The lowest was 15x with the highest being 190x.

To be able to trade at these multiples, so basically between 20x and 200x the yearly fees, the customer base should grow from about 20k now to 52k in 3 years (37.5% yoy growth).

This means:
1 tx/day per customer: 1.46 - 14.6M USD mcap
2 tx/day per customer: 2.92 - 29.2M USD mcap
4 tx/day per customer: 5.84 - 58.4M USD mcap
8 tx/day per customer: 11.68 - 116.8M USD mcap
12 tx/day per customer: 17.52 - 175.2M USD mcap
24 tx/day per customer: 35.04 - 350.4M USD mcap

At a current fully diluted Mcap of 6.85M, it is currently being valued at pretty much what it should be worth if they use 1 tx/day per customer.

Note that this does not take into account value from other potential usecases and is very conservative when it comes to customer growth.

>> No.26568071

>>26567983
Market = speculation. Logic doesn't apply to markets.

>> No.26568869

boomp

>> No.26568899

Greta will love me if I just have a chance to meet her.

>> No.26568918

>>26567983
Based hopium ngl

>> No.26568995

>>26568071

I agree might as well put 2x the price for speculation.

But nontheless these calculations do give a baseline for all speculation.

>> No.26569611

He was Rich, plain Rich, in the morning, standing five feet ten in one sock. He was Dick in slacks. He was Dickie Loh at school. He was Lohwasser on the dotted line. But in my arms he was always Richard.

>> No.26569946
File: 148 KB, 472x461, cokepepe.png [View same] [iqdb] [saucenao] [google]
26569946

>>26567983
I agree with autism anon here, I think it's a conservative estimate for our growth if we were to add on speculative future usecases, hence why I still believe this will be a top 100 coin EoY and top 50 End of next.
DYOR and good luck out there frens

>> No.26570208

If the market tripples and keeps the relations l and we really get into the top 50 we’re looking at ~20$ per LIT.

>> No.26570239

>>26569946
Thanks for the hopium, I really need it... Holding since 12 cents.

>> No.26570248

I can smell whispers of main net tx's being announced..
I have access to the private German tg

>> No.26570278
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26570278

>>26570208
easily

>> No.26570288

>>26570248
proof or gtfo

>> No.26570410

>>26570288
gtfo or gtfo

>> No.26570561

>>26570288

Jürgen from SAP here.
Yes me and Dark Viper have greenlit the announcement. Kyn and Richard shortly will make an announcement.

>> No.26570630

>>26570561
thanks Jürgen.
wish you'd be around more!

>> No.26570640

>>26570561
Jürgen, added to the list. Pls kys.

>> No.26570848
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26570848

>>26570630
I’ll be always in your heart. And more importantly also in the telegram group. Can you guess my name?

>>26570640
I don’t even think about you.

>> No.26571078
File: 2.73 MB, 1510x1486, juergchad2.png [View same] [iqdb] [saucenao] [google]
26571078

>>26570561
>comes on stage
>grabs mic
>*ahem*
24 Lition tx/day EOM
>drops mic
>instant coom

>> No.26571334
File: 2.26 MB, 1498x779, LuisaLit.png [View same] [iqdb] [saucenao] [google]
26571334

>>26571078
Based

>> No.26571455

>>26571078

But let’s not spoil the other news we have right? One could say an investment in LIT is very SAFU at the moment.

>> No.26571516

>>26567983
>>26568918
>>26569946
Actually the companies are valued at these multiples AFTER the revenues grew with 37.5% per year for 3 years.
So that means that it would be the multiple of the fees generated by the 52k customers of the future not by the 20k customers of today.

This means 3 years from now:
1 tx/day per customer: 3.79 - 37.9M USD mcap
2 tx/day per customer: 7.59 - 75.9M USD mcap
4 tx/day per customer: 15.18 - 151.8M USD mcap
8 tx/day per customer: 30.37 - 303.7M USD mcap
12 tx/day per customer: 45.55 - 455.5M USD mcap
24 tx/day per customer: 91.10 - 911M USD mcap

Based on this I think 2 tx/day or more is bullish.
Only 1 tx/day would be a disappointment with the price continuing to crab for a very long time.

>> No.26571930
File: 2.65 MB, 2054x1369, 1603826962499.png [View same] [iqdb] [saucenao] [google]
26571930

>>26571516
So damn comfy

>> No.26572008

>>26571516
The current assumption is we will get 4tx/day, with a possible further bump but I'd assume 4tx is the agreed upon rate. Anything less and I'll be dissapointed even if it's still passable long run.

>> No.26572029

>>26571516
>>26571930

So bullish. Especially because customer numbers just for the lition energy use case will easily surpass 50k even this year. So we’re rather looking at 200k customers in 3 years. (Ignoring any other usecase)

>> No.26572039

>>26563617
I see what you did there... My Litties stay shitty!!! $10 EOY!!!

>> No.26572077

>>26563929
Found the NIGGER!!!

>> No.26572159

>>26565060
Based

>> No.26572256

>>26565060
When did TOMO confirm major listings? The only thing they confirmed is LuaSwap, which is a nothingburger, no?

>> No.26572596

>>26572256

No confirmation as off now.
But they announced, that removing the token burns, provides them with the funds needed to pursue listings on credible centralized exchanges.

trust the plan.

>> No.26572652

>>26572596
im cooming thinking of LIT price once were on a fucking exchange

>> No.26572972

>>26572256
>>26572596
This^ they've also mentioned liquidity is high on their priority in the near future

>> No.26572982

>>26572596
I'm optimistic and I've added to my trustnode some days ago, but having trust is hard if your expectations get smashed time and time again..

>> No.26573107

>>26572972
>>26572652
>>26572256

Only if there were a big exchange running various TOMO nodes. that exchange might list LIT soon.
If only there were such an exchange...


>>26572982
Same. I'm also a bit nervous about tx/day/customer but apart from that I'm also trying to add little by little to become eLITe.

>> No.26573381

>>26573107
That certain exchange would obviously be a dream come true, but I wonder how serious TOMO themselves is taking Lition.. Current development and communication feels like a shitshow.

Also, we eLITes accept fellow comrades with open arms!

>> No.26573589
File: 445 KB, 999x750, 1604062519117.jpg [View same] [iqdb] [saucenao] [google]
26573589

Got burnt badly by this, Richard selling LIT to tomo without any warning was a betrayal I don't think I can forgive.. Bought in for the lego memes and now it's all shit.

>> No.26574462

>>26573589
It'll recover soon anon, richard did us dirty but we're in better hands now.

>> No.26575042

>>26570848
>>26570848
>I’ll be always in your heart
that's true Jürgen, always and forever.
>Can you guess my name?
sorry I'm not a telegram tranny

>> No.26575230

>>26572982
kek and still only getting 100 lit/day

ngmi

>> No.26575686

>>26571078
I think Jurgen's going to drop mic and coom as soon as he utters "Lition" and then proceed to shoot as many loads as there are transactions per day

>> No.26575893
File: 111 KB, 800x800, IMG_20210126_150514_998.jpg [View same] [iqdb] [saucenao] [google]
26575893

>>26575042
Speaking of telegram trannys

>> No.26576736

>>26573589
Dw anon, soon we’ll all be RICHARD than Richard

>> No.26577518
File: 321 KB, 696x623, 1610820179343.png [View same] [iqdb] [saucenao] [google]
26577518

>>26575893
what are you trying to say big guy?

>> No.26578015

Trust the plan

>> No.26578039

We're baaaaaaaaaaaaaack

>> No.26578069

>>26578015
based Cloverine

>> No.26578107

U are retard if you still try to run for btc for sure
If u don’t have brains to join systems u should cancel your wallet and forget about crypto
I will give you advice go Base Protocol and you will thank me
You should know how great Cascade and rebase platforms work

>> No.26578111

Niggers 22 clovies to join the secret cartel post proof and exclusive invite will be sent to you

>> No.26578381

>>26578111
ok these trips say it all, buy CLV NOW

>> No.26579461

bompa

>> No.26580455

lazy litty niggers

>> No.26581132
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26581132

>>26563617
My walties stay salty. My litties stay shitty!!! $1 EOM

>> No.26581206
File: 273 KB, 751x563, FD826A77-6350-4620-8530-17DC6459789B.jpg [View same] [iqdb] [saucenao] [google]
26581206

>>26578111
>got trips cuz of saying niggers
>>26580455
>got dubs cuz of saying niggers

>Ahem,
NIGGERZ!!!!!

>> No.26581276

>>26575230
30 lit/day Genanus pool staking anon here. I want to make it so badly

>> No.26581359

Okay that was a nice performance you clv idiots.
Now a real litter will take over the bumping again.
*ahem*
20 UNITED STATES CENTERINOS EOW AND EOM
Jürgen told me it’s true.

>> No.26581909

>>26581359
But the real question is
did the coom while he was at it?

>> No.26583112
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26583112

>> No.26583367

>>26581909
all I can say is that nobody gets his pants wet like Jürgen does

>> No.26584070
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26584070

I'm going to drive really really fast and then when I see a car in front of me that is going a little slower, I close my eyes and imagine that Richard, Richard Lohwasser is in the car in front of me. Then I put my feet on the gas like its a brick and slam into the back of richards car making it 1/3 smaller. I am still closing my eyes and the only thing I hear is glass shattering and then I feel a stinging pain on my whole face. I open my eyes and wake up from my imagination. Richard wasn't in the car in front of me. But I still slammed into the moving car in front of me at 100km/h in a residential neighborhood.