I unironically believe you are mentally ill if you do not hold at least a min. suicide stack of 10k Lition which can be bought for way under $2000 right now.
I unironically believe you are mentally ill if you do not hold at least a min...
ok ranjeet.
Why? What's so special about Lition?
- up to 44% APY in staking rewards
- Main usecase saw 6-fold increase in growth the past year
- 2nd layer solution for Ethereum
- deletable data features, enabling EU GDPR privacy law conformance
- German project
- 8 Million market cap
- 70% of tokens already in circulation
- Multiple working usecases
- Connections with SAP, N26 and the German government
As crypto will gather steam in the coming years and Ethereum scaling will be in more desperate need, second layer solutions could stand to benefit in a hype akin to the defi hype.
For actual enterprise solutions privacy concerns for their users and adherence to stringent EU data protection laws will be an issue. Lition has found a solution and fixed technical consensus issues where teams like JP Morgan Quorum failed.
In parallel with its blockchain solution, the team behind Lition developed their own application which is as of now the main usecase of their blockchain. This application is Lition Energie Gmbh, a German electric utility company that enables an electric market place where the user can select exactly which electricity provider will get it's money. These transactions take place on the Lition blockchain where the user pays 0.1 LIT in fees per transaction. By cutting out the middle man, this approach saves 20 to 30% in costs for energy users and providers. As of July, the company delivers electricity to over 10,000 German households up from 1600 a year ago yes a 6x increase. The company has currently 5 job positions open on their site and is clearly firing on all cylinders.
A second usecase in the works is a document certification usecase where the team is working together with a company called Docmosis.
Staking rewards are as high as 44% for trust nodes right now but come in part from an ecosystem pool. However during the latest AMA the company's founder has said that the fees generated by the main usecase is already enough to guarantee 20% APY. However part of the transactions are still running off chain since mainnet was just launched 3 weeks ago and they are still in the process of launching trust nodes and bringing all transactions on the mainnet. Considering the rate of growth and the staking rewards this has nowhere to go but up
As cherry on the cake the CTO of SAP (one of the largest software companies in the world) and one of the Forbes 40 under 40 recipients has cowritten the technical white paper of Lition and features his advising role to Lition on his LinkedIn page as his sole professional role next to being SAP's CTO.
They also have a deal with N26 Germany's largest mobile bank which has a couple of million customers and Lition Energie is offered at a discount inside their mobile banking app.
This is a no brainer.
lition.io
Growth article (in german): financefwd.com
N26 deal: medium.com
SAP CTO's linkedin: de.linkedin.com
Docmosis: docmosis.com
>I unironically believe
who cares what you think you retarded frog
Staking or running a node earns you passive income from a real life use case.
oh look ANOTHER shition spam thread.. that's what 8 now? sure is scamtera and scamstink thread spamming with shition lately. the virgin investors must think if they just spam enough threads people will buy their bags. sad sad smol pp virgins
Great info but all you had to say was German project and mcap. Make it stack?
ngmi
The german up and running REAL Lition Energie company has 15M revenue and the MC is 8M (closing in on 10M last few days). Just think about how stupid this is when shill coins have 10x the market cap and al the devs do is spam memes on twitter.
I'm gonna buy if it drops below 10 cents, otherwise I don't care about missing this train.
>He wants to buy below ICO price
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Da fuck outta here with this beta soi shit.
I got all muh ETH ready for API3, the patricians choice.
I'm unfamiliar with this project so don't laugh at my ass for stupid questions. So is lition a centralized token? You mentioned a German electric utility company, how are they both connected? How much do the devs hold? What price do you think lition can reach end of 2021?
you know theres this thing called a whitepaper, every project should have one. when you read it and within the first few pages or so you aren't intuitively hooked, drop it and move on.
youtube.com
I think its easier if you watch this and read the general. Basically the QRD is that the energy utility company is just a use case to show off the technology its not the only purpose. The entire company runs on the chain and generates staking rewards for Token holders from real life customers that are currently getting green electricity form Lition Energie in Germany. There is also a P2P Energy trading marketplace on lition energy where customers can pick and choose who to buy their green energy from and at what price. It all runs on the blockchain. So whenever transactions are made stakeholders that secure the system get rewarded.
>What price do you think lition can reach end of 2021?
there are many scenarios but most range from $5-$20 EOY 2021 depending on the market. Short term $1-$2 so 10-20x is extremely likely form now cause its just so super undervalued.
Like its just on uniswap and not even on a major exchange yet lol. This is super early.
it has been below ICO price 80% of the time. Buying now is fomoing.
wow you typed all this in 2 minutes
and in 1 minute
Where can I learn to type so fast OP?
>scamtera
i just have a big heart and want everyone to get on the rocket ship before its too late. You gotta understand. Lition doesnt give a shit about shills or memes. It needs more real life customers, real life use cases and the rewards will be so high investing and staking becomes so juicy big money has to get in.
So if i wanted to shill i'd have to go around Germany and convince people to sign up for Lition Energie. That would do more than posts on Zig Forums
>FOMO is always bad reeeeeeeee
pleb
Sap stock dropped 20%, N24 is a scammy online bank for zoomers, look what happened to the last german project called Iota that's the direction shition is heading.
Lition Energie already generates 15M in revenue. N26 is fine. SAP was affected by COVID like so many other companies in the world. Fucking retard lmfao.
I don’t buy rugpulls anymore. Not after BREE, Mr. scammer.
ok man keep buying your shitty twitter hype defi meme projects where nobody even knows what it does and keep believing this solid project is a rugpull
Literally what they said in BREE threads.
It's German.
You're welcome.
LITION IS A GERMAN COMPANY WITH 15M REVENUE AND REAL LIFE CUSTOMERS CURRENTLY OPERATING
YOU DONT KNOW HOW AUTISTIC GERMANS ARE. IDK WHAT TWITTER SCAM YOU FELL FOR BUT THATS NOT IT AND COMPARING IS IS BORDERLINE MENTALLY ILL
I believe I am mentally ill but for reasons other than those you describe
It's very unfortunate you can't tell the gold apart from the scams.
it's called risk/reward management, lition is not necessarily the best choice in this particular moment
Sap is not gonna recover for now because their customers cut Investments because of coroner and coroner will stay for years. They won't invest in whacky shitcoins in times of crisis. It's going down like Iota. Accept it shill.
So is Angela Merkel
Buy high, sell low, the true biz way
SAP does not need to invest in Lition. You completely misunderstand the project. You are talking from a position of ZERO knowledge.