NFT2.0 is here! LTO Network aims to decentralize NFT technology and assets with “ownership”

Press release

In early November, the Dutch LTO Blockchain Network, known for its award-winning business solutions and partnerships with global leaders such as the United Nations, IBM and the Dutch government, announced that its main roadmap for the network upgrade is TITANIUM.

With TITANIUM, the Community team wants to solve the growing problems and one of the most common problems that content creators have with unusable tokens (NFTs) is content.

The first step in the development of this technology was NFT2 paper. lite. Released today, it is an in-depth analysis of the technical solution to the problem of NFT centralization.

The NFT issued by the LTO network is based on two main components. NFT2 wallet. and a new concept called “Ownership”.

“As an LTO community, we can really issue decentralized NFTs,” said Rick Schmitz, CEO of LTO Network.

Ownership – digital assets for the future

Using a unique hybrid blockchain approach, the LTO network documented the “ownership” of digital assets and how they worked.

Property can include media files, pictures, songs, 3D models, and more. Regardless of the content, the owner has full rights to the content.

NFT2 wallet.

NFT2. is based on a decentralized wallet design that not only offers real ownership, but also enables owners of “ownership” to trade directly with one another via a peer-to-peer (P2P) method.

The only wallet that allows NFT issuers to embed applications and utilities that offer additional functionality. This opens up a world of possibilities that no one could have imagined.

“At NFT2, the capital really belongs to you. It’s in your wallet, phone, or laptop and you are in full control of it. You can share them with other users without a third party, ”said Arnold Daniels, chief architect of LTO Community Direct Architect.

Hosted by Daniels, NFT2 technology. Written down by music industry veteran Shawn Naderi, LTO Community Marketing Manager, who has worked behind the scenes with some of the world’s most popular artists and has a deep understanding of the content and digital rights management that will be critical to developing a solution for content creators facing a rapidly changing digital world.

NFT2. was set up to empower content creators and enable them to create new revenue streams and ecosystems. In this way, they can better network with fans and supporters while protecting their rights at the same time.

“Today we’re going to start with digital content, but in the future we’ll be exploring digital ownership of all kinds of real or non-real assets, from any property to anything you can think of,” said Naderi.

Read the full NFT2 paper. lite

Introduction to LTO .network

The LTO Community team has a mission to create and maintain a fully decentralized and highly efficient blockchain infrastructure that is directly applicable and aims to create value for companies. The LTO network can be used by any company that needs a production-ready blockchain that enables digital verification of digital assets and enables collaboration through the use of processes.

Contact via media

LTO Network – Press and media relations

press@ltonetwork.com

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.