LAToken (LA) is a blockchain protocol and platform for tokenization and trading of real assets using cryptocurrencies.
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LATO Transactions Blockchain will be based on top of EOS vision of: DPOS technology with 10-seconds blocks. LATO Assets Blockchain will be based on top of Steemit (Graphene) blockchain. Moreover, it uses Aeternity idea of Decentralized Oracles. LATO will store encrypted data via systems based on top of BitTorrent technology with some improvements: sharding. LATO will use distributed computing systems based on top of technologies similar to Apache Hadoop, adopted to the blockchain world, to process complex high-performance operations like: text recognition, decentralized neural networks training and execution, fog computing on shared hardware.
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What is LAToken
LAToken is a blockchain protocol and platform for creating and trading asset tokens. It allows cryptoholders to diversify their portfolio by getting access to tokens linked to the price of real assets. LAToken enables asset owners to unlock the value of assets by creating and selling their asset tokens.
DetailsPublic sales: Aug 22, 2017 - Oct 10, 2017
Token supply: 180,000,000 LA
Raised: 18,000,000 USD
LegalBlockchain Platform: Ethereum
Registration country: Singapore
Token infoTicker: LA
Token standard: ERC20
Dividends: Dividends not planned
Token price in USD: 1 LA = 0.42 USD
Accepted currencies: BTC, ETH
Use of fund raised: 15% - Liquidity Asset Token module development (issuance, transaction and asset data storage) 10% - Liquidity Assets exchange 10% - Proof-of-Assets servicing deployment 10% - AI underwriting development 10% - Business development (boarding of banks and investors to the platform) 10% - Marketing 20% - LATO Fund 10% - the team bonus pool (max $1 mn) 5% - administrative expenses
1 st Business plan for a Home Equity Lender
First sale of home equity
Launch of the Home Equity Marketplace
We held Digital Mortgage conference for 200+ banks, investors and real estate developers
AIBanks - LATOKEN Development
Liquid Assets Token exchange
LAT Wallet Beta
LAT Proof-of-Assets Service
Loans to be tradable on blockchain
First real estate token launch
First art work token trading
Stable Coin Smart Contract deployment