LTO Network

Crowd sale. Gas wars. KYC Open.

LTO Network - Hybrid blockchain for decentralized workflows: enabling B2B to collaborate on equal footing using trustless automated processes with GDPR compliance.

We are releasing the final crowd sale metrics with the new token page, opening up the KYC process, and announcing the early bird gas war bonus. January 14, 11:00 UTC is the day!
he KYC has been enabled! There is a simple funnel you need to go through on the platform in order to be able to participate.
How do I participate in the crowd sale?
Register on the platform and pass KYC. Depending on your KYC level of choice (read in the next section), you will either be able to contribute up to 40 ETH or any amount without a personal cap.
Wait for the KYC confirmation email (your wallet address will be added to the Smart Contract) after approval.
Send ETH to the smart contract address. To be displayed later on the token page. Only send ETH from a wallet which private keys you control of, so no exchange wallets. Also, make sure the wallet your wallet is compatible with the ERC-20 token standard. A regular MEW MyEtherWallet or a Metamask wallet would work just fine!
At the end of the sale, the contract will automatically calculate the number of tokens you get, the ETH refund in case the cap is over-reached, or how many tokens are burned. Details here.
That’s it! Right away you will have the fully liquid ERC-20 tokens. After that, you can keep helping LTO Network speed up the network adoption: run a node, lease tokens to companies, and take part in the community programme — to receive even more LTO!
KYC funnel
There is a two-way funnel.
Under 40ETH + non-US “affiliated”.
A simple form with some details. You will simply need to fill out such info as email/name/address, plus carefully read and accept the legal disclaimer.
Above 40ETH and/or US ”affiliated”.
A stringent KYC process with a video verification. You would need to provide your proof of residence and passport information
What do early birds get? GAS WARS!

There is a bonus which starts at 7%, with every next transaction getting 0.05% less bonus (7%->6.95%->6.9%…), down until it goes to 0%.
This implies a small “gas war” (FCFS) within the fair crowd sale model we designed. Only 140 transactions will get the bonuses — meaning that you would need to throw stones at the smart contract as soon as 11:00 UTC hits!

Detailed Information
Website: https://community.lto.network/
Telegram: https://t.me/LTOnetwork
Reddit: https://www.reddit.com/r/livecontracts/
Twitter: https://twitter.com/ltonetwork
Medium: https://medium.com/ltonetwork
Bounty: https://community.lto.network/