Briefing
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- Initial Coin Offering – Latium announced Initial Coin Offering (ICO) which will sell LATX cryptocurrency from November 15, 2017 to “white list” and November 28, 2017 to general public, aiming to raise $20 million in token sales from 180 million tokens available
- Purpose – Proceeds of token sales will be used to develop and maintain Latium's new freelance platform, which matches jobs to freelance workers and uses LATX cryptocurrency for payment, launching in 2018 Q2
- AI Reputation Scoring – Will use AI to set reputation score for task makers and task doers with “one-to-many” task relationship structure, providing unbiased quantitative system for quality assurance
- Prominent Backing – Backed by John Mc Afee, founder of antivirus software company McAfee
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