Latium is the first and only tasking platform to incorporate a totally automated rating system in tandem with a one-to-many task relationship structure. This will allow a user to create a task for which they can hire one person, or many thousands of people, to complete the task. This all occurs within a trustless environment where all participants have transparency in whom they are working with. The platform will support both “Digital” and “In-Person” tasks. The Latium team has also designed proprietary task proof systems for both “Digital” and “In-Person” tasks, in order to remove trust from the equation while creating an environment where tasks with multiple contracts can be easily managed. In the case of a “Digital” task, imagine a user wishes to drive traffic to an online petition. By posting one simple Latium task, they can send as many people to the petition page as their budget allows.
The LatiumX (LATX) ERC20 token will be the established form of payment on the platform. Payment for tasks completed on the Latium platform will be credited in real-time using LATX, meaning the LATX tokens will have to be purchased by employers in order to create new tasks in the system.
The general sale will open on November 28th, 2017. The general sale rate will be static at 2,000 LATX per Ether. A mild volume bonus structure will be released prior to the opening of the general sale. The total max cap of ETH raised from the Whitelist Sale and the General Sale is 70,000. Any token sale supply not sold during the general sale will be burned