LTO Network

ICO Dates TBD

Description

General
ICO Dates
TBD
Whitelist / KYC
KYC
Country
The Netherlands
Ticket
LTO
Token Type
Native
Financial
Accepting
eth
Team
Rick Schmitz
ceo
ARNOLD DANIELS
Lead Architect
ADVISORS
NuCypher
Docker
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    1

    May 2014 Started in 2014 as platform to create, share and sign contracts in a digital way. After the success of our first company FIRM24.com, we believed that DTM (Document Transaction Management) would be the next big thing after ERP and CRM-systems.

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    2

    May 2015 We released the first version of the LegalThings platform. This version introduced a document and form builder, a document management system, advanced user and permission management and digital signing.

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  • 4
    3

    Jan 2016 For FIRM24 we had created software to run the procedures behind an incorporation. Other customers were also interested in these digitized procedures.

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    4

    Sep 2016 We have explored different methods of providing proof of signed documents. While other parties relied on trust and certifications, we wanted a better solution.

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    May 2017 We experimented with Ethereum Smart Contracts and found out that it could only be used for self-enforcing agreements. Inherent constraints make them unusable for legally binding contracts.

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    Sep 2017 During the blockchain hackaton organized by the Dutch ministry of Justice and Security, we demonstrated that a whole law can be digitized as a FSM and stored on the blockchain.

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    6 Dec 2017 Our token pre-sale starts on the 6th of December. For 24 hours, the pre-sale is open only for members.

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    8

    Dec 2017 We'll launch the LegalThings One platform as beta. All token holders will be able to use the platform. New content, like (live) model contracts will be added in the coming months.

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    9

    Q2 2018 All tokens represent the full capacity of the LegalThings One platform. During this sale we'll sell licenses (represented by LTO tokens) for the platform.

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    Q4 2018 We'll publish the Live Contract syntax as open standards under the CC-BY-SA license. Software to run Live

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    2019 To set precedence of the legality of data stored on the blockchain, we'll initiate trials in several countries. The following countries are candidates for these trials: United Kingdom, United States, India, Russia and the Netherlands.