Allocating inflation to all holders of the LTL token. There is no mining hardware needed, no minimum amount of stake required, and no need to lock LTL tokens into a contract. If an individual owns and holds 1% of the entire LTL supply, they will ​always own 1% of the entire LTL supply

No ICO, No Pre-sale, No Fundraising. No vaults or treasuries. No community funds that could be mismanaged. No website or interface is required for the token to function. As long as Ethereum exists, LTL fees will be generated and distributed with each transaction.

This will be the 1st event in the web3 buidling blocks series, the first conference that explores in-depth the Token-Based Economy. We will discuss the economics, development, regulation and best practices around blockchain-based tokens, protocols, and crypto-assets.

Netflix serves up “what to watch,” Amazon “what to buy,” and Spotify “what to listen to”, so what if our long-term value prop is knowing your favorite places well enough to offer us “what to do, where to go and who to do it with?” Shaka Places could be the world’s lifestyle curator.

After 6 months of activity mining, the project reaches sufficient decentralization, and the protocol is given to the DAO. 6 months later, Alice and company start asking the DAO for funds to continue building the product.