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LITUNI

LITUNI LITO Price N/A

1 Watchlists

LITO Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

SocialFi is a meta-cosmes-based project where every user can be a creator and your work can be read, rewarded and commented on by visitors

LITUNI (LITO) Chart

The LITUNI to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

ATH Market Cap

$ 4.74M

Total Supply

LITO 20,000,000

Listing Date

6 Oct 2021

All Time High

$ 1.45

6 Oct 2021


All Time Low

$ 0.00...197

17 Dec 2021

What is LITUNI (LITO)?

Lituni protocol brings creators, node operators, and fans together in an incentive-aligned way, allowing these actors to collectively provide a high-quality article streaming experience guided by the foundational beliefs that:

  • Users should be compensated in proportion to how much value they create for the network creators should directly engage with and transact with their fans
  • Governance power should be earned by creating value in Lituni, and shared consistently between user groups contributing to the protocol
  • Prices and earnings for participants should be consistent, predictable, and transparent
  • Access should be democratized; anyone can contribute to Lituni if they follow the protocol rules, and all information is publicly accessible
  • Intermediaries should be removed when possible; when necessary, they should be algorithmic, transparent, and verifiably accurate.

Lituni protocol allows creators, fans, and node operators to collectively provide a high-quality end-user article streaming experience without centralized infrastructure. The protocol is comprised of the following 5 components working in conjunction:

  • Lituni token, valuable coins, and creator tokens: A platform token and shared token economy that aligns the incentives of all participants with three primary prongs of functionality: access, security, and governance
  • Content nodes: A user-operated network of nodes to host content and permission access to content on behalf of creators
  • Content ledger: A single source of truth for all data accessible within the Lituni protocol, anchoring references to content hosted by content nodes
  • Discovery nodes: A user-operated network of nodes that index the Lituni content ledger and provide an easily queryable interface for retrieving metadata
  • Governance: A mechanism for modifications and improvements to Lituni, which shares control among those who have created and are creating value on an ongoing basis.

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