Latium Tasking Platform Launches LATX Cryptocurrency General Token Sale

Press Releases

Nov 28, 2017

MADISON, Miss., Nov. 28, 2017 /PRNewswire/ — Latium (www.latium.org), the world’s only tasking platform that blends an AI-based user reputation score with a “one-to-many” task relationship structure, launched the general token sale of its Latium LATX cryptocurrency today. Funds raised from the token sale will be used to develop and maintain Latium’s tasking platform, which is planned to launch in Q1 of 2018. 180 million tokens will be available for purchase during the token sale.

The LATX cryptocurrency will allow users to participate in Latium’s tasking platform, which matches task-makers with task-doers anywhere in the world. Latium provides the opportunity for income seekers to earn income by completing tasks, while employers may hire one person or thousands of people to complete tasks for them. Latium LATX will be the exclusive form of payment for workers and employers on the platform.

Latium is backed by Advisor to the company, John McAfee, founder of the first commercial anti-virus security software.

“Anyone interested in the world of cryptocurrency, but doesn’t know where to start, will be able to earn LATX simply by completing a task,” said McAfee. “I got involved with Latium because I believe the company is pioneering a revolutionary model of how people will find and distribute labor.” 

Latium is the only tasking platform that uses a proprietary artificial intelligence algorithm to assign reputation scores to both task-makers and task-doers, providing a quantitative, unbiased quality assurance system for all users. In addition, Latium maximizes earning potential for task-doers, by gamifying and localizing task opportunities for users.

“As our successful white list sale comes to a close, we are excited to offer the LATX token to the general public,” said Latium Co-Founder and CEO, David Johnson. “Token sale participants will gain access to Latium’s next generation tasking platform to find the best workers possible in the gig economy.”

Johnson has 25 years’ experience in financial technology and internet commerce, and is founder of CashBackForex.com, the world’s largest forex rebate provider, with $10 billion in monthly trading volume.

More information about how to participate in the LATX token sale is available at www.Latium.org.

About Latium

Latium represents a paradigm shift in decentralized economics that streamlines how humans work and earn money, exclusively using the LATX cryptocurrency for users to transact business. The first tasking platform to deploy a proprietary artificial intelligence algorithm to objectively rate users, Latium provides a one-to-many task relationship structure that allows both task-doers and task-makers to find quality partners with whom to work.

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SOURCE Latium

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