Latium: Overview & Funding Events:

The only tasking platform in current digital market is going to revolutionize the previous concepts where every individual from anywhere around the world will have the freedom of getting entry in the world of cryptocurrency. Task creators have freedom to hire from one to many individuals to work on their projects with the option of mentioning the task standards. Group project tool on Latium provides the option of group project tasking. Latium has implemented the global reputation system with it to make it easier for new comers to decide they should work and on which project. Moreover, search tool of Latium allows the employees to find out the task that match and fit with their knowledge and professional skills (https://latium.org/).

The main advantages of using Latium is that it has a fair and transparent system of transactions. Latium generates real-time payments in the form of LATX tokens. As soon as the task creator marks the task as completed, the employee can draw his reward without waiting for weeks as common as in traditional payment methods. Latium is free to use for a certain period of time. the duration will continue until our team considers it enough to attract adequate number of registered users with our platform. The revenue obtained from fee charged to obtain system’s services will be used to arrange promotional events to introduce Latium to the world. Moreover, some portion will be paid to our valuable team including management team and developers who are working harder to maintain the blockchain system of Latium and developing new and promising tools to be integrated with Latium.

LATX (LatiumX) tokens are the most important and key component of Latium as all payments and transactions will be carried out via LATX tokens. these are going to serve as the main fuel to drive the engine of the economy. LATX can be used to create new tasks too which means that task creators have to buy these tokens to hire employees for new project.

Funding events includes Presale, Whitelist sale and General sale.
• Presale event collected minimum amount of funding for the project where rate of LATX was fixed as 2200 LATX per Ether (cryptocurrency).
• Whitelist sale event started on 15th November 2017 and will continue till 28th November 2017 before the General sale starts. During the whitelist sale event, LATX will be sold at a rate of 2100 LATX tokens per Ether. The main objective of organizing such event is to ensure equal distribution of LATX tokens to avoid dominance of few token holders.
• The next event is going to be the General sale which will be live from 28th November 2017 during which rate of LATX tokens will be 2000 LATX tokens per Ether. Any token, which will not be sold during General sale, will be burnt and discarded (https://latium.org/assets/attachments/whitepaper.pdf).

Since its establishment, Latium has attracted many users around the globe. Yet there is a lot more still to achieve. We welcome your valuable opinion as interaction with you has been the key factor in our development process So, feel free to contact us for any suggestion.

Website: https://latium.org/

Whitepaper: https://latium.org/assets/attachments/whitepaper.pdf

Bounty thread: https://bitcointalk.org/index.php?topic=2276837.0

Bitcointalk.org username: mwaqar17