Latium announced Initial Coin Offering (ICO) for new freelance platform with AI-based reputation scoring system

Briefing

Latium announced Initial Coin Offering (ICO) for new freelance platform with AI-based reputation scoring system

November 23, 2017

Briefing

  • 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

Accelerator

Market Disruption

Sector

Information Technology

Organization

Latium

Source

Original Publication Date

November 19, 2017

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