The Po.et Foundation and LTB Network are happy to announce that 1% of the whole POE token provide has been allotted to the holders of LTBCOIN in a first-of-kind token retiring occasion. Founded in 2014, LTBCOIN was the primary token given to content material creators and neighborhood members in accordance with their contribution to the community.
LTBCOIN particularly serves as a crypto-reward system throughout the Let?’?s Talk Bitcoin (LTB) community, a publishing platform created for content material suppliers to current the concepts and folks concerned with cryptocurrency – by podcasts, articles, and dialogue boards. Participation within the community is rewarded with LTBCOIN tokens, which had been meant for use for in-platform purchases and tipping.
We?’?re notably enthusiastic about our partnership with the LTB Network due to our shared imaginative and prescient for the way forward for digital publishing. LTB was an early pioneer in each masking the bitcoin and blockchain area in addition to utilizing blockchain expertise to propel their publishing workflow. The LTB Network created token controlled-access boards and was the primary platform to launch a rewards program by a local foreign money. We?’?re assured that their area experience will play an integral function in how we create future disruptive options for digital publishers.
LTB created LTBCOIN in a a lot completely different token local weather. Early adopters of LTBCOIN weren’t as involved with the potential future worth of the token as a lot as they had been with experimenting and testing the boundaries of a brand new expertise. While each the LTB Network and Po.et are involved with empowering content material creators, LTBCOIN was all the time an unfunded, volunteer program, missing the assets to really understand the potential. We?’?re pleased to reward the early pioneers of blockchain-powered publishing by this token swap. It is our hope that proudly owning POE tokens will proceed to inspire their pursuit for a extra environment friendly publishing panorama.
Adam Levine, Founder of the LTB Network, believes ?’?œPo.et is a chic answer to one of many greatest actual world publishing issues. At the LTB community, we?’?re excited to change into one of many first absolutely built-in publishing platforms which can enable all written content material to be printed by and simply re-licensable with the Po.et challenge.?’ The LTB Network might be timestamping their content material onto the Po.et community and registering Po.et licensing badges for his or her works. You will be capable to see their particular person content material profile on our alpha release.
How to Complete the Swap
Token holders should navigate to the LTBCOIN to POE conversion page to finish the token swap. Users might be requested to pick the quantity of LTBCOIN tokens they want to swap. The change charge might be 6.64 POE for each 100 LTBCOIN deposited.
LTBCOIN holders additionally should create and back-up an ERC20 compatible wallet, which is the place POE tokens might be delivered to.
LTBCOIN holders can anticipate to obtain their POE tokens 30 days after the Po.et token sale on August eighth.