Movie Production needs money. And, Litecoin has rightly entertained financing for films, thus getting in touch with famous and influential people.
The Litecoin Foundation is executive producer of a Johnny Knoxville comedy horror flick. The Litecoin Foundation Logo is seen in the opening credits for the Trailer. It just looks like the Litecoin Foundation has taken to the movie industry to improve on reputation and mass adoption.
Sydney Ifergan, the crypto expert, tweeted: “As Charlie Lee stated, mass adoption needs real-world use cases and awareness, the film industry provides both. Litecoin (LTC) has taken to the right path to entertain mass adoption.”
Litecoin Foundation tweeted: “Thank you, anonymous supporter, for donating 5 LTC to the Litecoin Confidential Transactions Fund! This will help pay for the development of MimbleWimble as Extension Blocks on Litecoin. And, @SatoshiLite will match every donation!
The Building Blocks report gives an Introduction to LTC, which states, “Get to know the underlying #Litecoin introduced minor technical modifications to the original #Bitcoin source code, allowing for faster transaction speeds and even lower processing fees.”
Litecoin Foundation also partnered with BitcoinrewardsU making it possible for shoppers to earn rewards online.
Litecoin Foundation recently tweeted: “With our new daily compounding interest feature from @ihavecred, earning on your #crypto has never been easier! Click here and put your assets to work.”
Cred has thus made it easier to earn interest on top crypto-like LTC, BTC, XRP, and more. Cred is a lending and borrowing platform. Litecoin Foundation recently partnered with Cred to provide nearly 10% annually on cryptocurrencies like Litecoin, Bitcoin, Ethereum, and more. Daily compound interest make it on more interesting.
The price of LTC is facing struggle like several other Altcoins, obviously due to the uncertainty and market sentiments triggered by CoVid-19. For until the market recoils back to normal, in what is considered to be the new normal, LTC is set to be trading in a range-bound manner. The year 2020 is proving to be a very rough one for all and for LTC alike.
Litecoin has not shifted its focus to crypto payments, probably following suit of several other blockchains. Payments are one of the strongest use cases like Lee had previously acknowledged. They are making it to all the immediately good use cases like payments, shopping, producing movies, rewards, and more.
Important of all Litecoin foundation is involved in making LTC transactions private.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
Get the latest Crypto & Blockchain News in your inbox.
Join Now