Hey LTOnauts,.
17 Jul 2025, 19:13
Hey LTOnauts,
Over the past months, we’ve been working hard behind the scenes to shape a sustainable and meaningful future for the LTO Network. After much deliberation, it’s become clear that continuing as a Layer 1 blockchain simply isn't economically viable in the long run. That’s why we’ve made a pivotal decision: LTO will transition from its own Layer 1 to BASE. BASE is an Ethereum L2 built by Coinbase, where we already have solid infrastructure through EQTY. This strategic move brings significant changes—some exciting, some challenging—but all necessary for LTO’s next evolution.
Furthermore we're investigating the possibilities to transition to a community DAO. We are currently in talk with LTO community members to be part of the DAO board—as we believe true decentralization means giving the project fully to its community.
As part of this transition, I will be seeking a successor to follow me up as CEO of LTO Network.
The blog article with details will go live tomorrow morning.
On a personal note:
I'm gratefull for the nice messages I've got to support me. A shout out to all of you that did 😊