The goal of the platform is to allow businesses to issue their own token based on proof-of-merit. Anyone will be able to purchase tokens from one company and use them anywhere on the Lytictail network.
Even if the businesses are competitors, customers will be able to instantly exchange their tokens for the business of their choice’s tokens. This is done through the Lytictail exchange. Anyone will be able to go onto the exchange via website, mobile app, or in -store kiosk and trade their tokens for the desired company of their choice.
Lytictail is a centralized platform that consists of decentralized networks. Every entity that issues a token on our platform will be able to take advantage of our exchange. This allows for a digital interstate of commerce to be constructed for physical, real world applications.
Networks are comprised of the businesses that issue the tokens, as well as physical third parties. Third party escrow and auditing companies are used to ensure a fair and balanced system without having to relying on another technology. By utilizing the human element, we can introduce an honest centralized platform that can be completely trustless yet trustworthy.
Companies first inquire to acquire their own custom -made token. This includes logo, hosting, specifications on code, and software integration. After the inquiry, Lytictail implements our new proof-of-merit algorithm to determine the viability, longevity, and overall value of the company’s newly created token.
Lytictail is a 501(c)3 Public Charity here in the USA! That means 90% of all that we generate goes to our partner charities. The rest just goes towards keeping the lights turned on
Non ERC-20 token
POM is a new algorithm to determine an entity’s true, asset value to be compiled within a digitized container.
The platform has some majorly great ideas that would greatly help the industry. Also, the fact they are non-profit is awesome, still – the fact they give no information on founders, team or the company headquarters, makes me too uncomfortable to invest with the company. Not only that, but it’s enough to advise anyone else to stay clear of LycticTail until they provide more information on who’s running the show, and from where. The old adage, never give money to anonymous people on the internet still holds up to this day. If you truly want to see this company success, attempt reaching out to the founders or wait until the provide more info on who they are.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.