LATO is a platform which allows users to tokenize real assets and trade them.
Asset owners can sell a fraction of an asset instead of borrowing.
22.08.2017 — 10.10.2017
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
A total of 1 000 000 000 tokens to be issued. 20% of total tokens issued would be available for sale.
The bountry program is divided in two parts: the Pre-sale Bounty Program for Early Adopters pool of 1% of Sold LATOkens will be divided as follows: Reddit 2% Blog/Media 13% Slack Members 5% Facebook 5% Twitter 10% Translation and Moderation 15% Youtube 15% Signature Campaign 35%
Dividends not planned