LTO lowkey released the litepaper for their RWA-focused product EQTY and it is fire
Some excellent stuff in there. Legal (enforceable) backing connecting real world to crypto, true ownership (not just owning a claim) through ownables, enforceable DAO approach, privacy secure identity through proofi/EQTY passport, instant liquidity/trading creation on completion of EQTY asset process and more.
LTO Network has struggled to find its way toward adoption, but each topic they tackled brought them closer to this it seems. I'm most excited about the EQTY value capture that is directly linked to the LTO coin. Aimed at capturing value for the community, it seems the value that is captured through multiple ways (beginning of asset creation, trading fees, etc.) can be claimed by arbitrage structure and burning LTO to claim the value. It will help with the deflationary aspect of the LTO coin and since EQTY can grow across global regions with local legal partners etc. it seems LTO might finally break out of the European focus they've had these past few years.
Here is the lite paper (easy read): http://ltonetwork.com/documents/EQTY_LITEPAPER.pdf
They already announced their first partner for EQTY too: https://blog.ltonetwork.com/akre-partnership/
Can't wait for the EQTY beta to finalize and see what these new structures can bring. Passive income from (partially) investing in real world assets, using real world assets as collateral in other DeFi protocols, collectables and what not.
It's nice to see certain projects keep building aside all the meme coin chaos.
submitted by /u/CryptoNarf
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