Cryptocurrency Token Sale for Participation in AI-Based Tasking Platform
Latium, a tasking platform that blends an AI-based user reputation score with a ‘one-to-many’ task relationship structure, recently launched a limited ‘white list’ sale as of its Latium LATX cryptocurrency and has now revealed the date of its general public sale. With a goal to raise $20 million, the LATX token sale will open to the general public on the 28th of November, 2017.
The LATX cryptocurrency will allow users to participate in Latium’s tasking platform, which matches task-makers with task-doers anywhere in the world. 180 million tokens will be available for purchase during the event, and Latium will use proceeds of the token sale to develop and maintain its tasking platform, which the company plans to launch in Q2 2018.
John McAfee, founder of the first commercial anti-virus security software and Latium advisor, stated: “I’ve been in tech my entire career and I believe the Latium platform and LATX token are among the most innovative crypto products I’ve seen so far. Latium joins the gig economy with the crypto economy, providing income seekers easy access to the world of cryptocurrencies and new income streams.”
The Latium tasking platform provides the opportunity for users to earn income by completing tasks, while employers may hire any number of people to complete tasks for them. Latium LATX will be the exclusive form of payment for workers and employers on the platform.
Latium will use 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 aims to maximise earning potential for task-doers, by gamifying and localizing task opportunities for users.
Co-Founder and CEO, David Johnson remarked: “The Latium platform revolutionizes how people earn money and opens up access to the cryptocurrency market to anyone seeking income, but who doesn’t know where to start in crypto. Token sale participants can unlock immediate value in LATX by utilizing the Latium platform to hire workers for their tasks.”