Last Updated on: 22nd November 2023, 05:35 pm
Whether or not you are an active investor or not, it is plain to see that cryptocurrency is one facet of commerce that is not going away any time soon.
Of course, the blockchain model has its supporters and its detractors, with both consistently looking towards the newest offerings with analytical eyes.
Bitcoin Latinum is one asset to be viewed under this gaze, with its pre-sale launch now underway.
Available in 2021, Trading as LTNM, Bitcoin Latinum will have a total supply of 888,888,888. It has been described as a “Bitcoin fork capable of massive transaction volume, digital asset management (and) cyber security.”
With several industries, including both gaming and media, adopting Bitcoin Latinum and it tapping into crypto DeFi (the DeFi-related cryptocurrency market is valued at $14 billion) many have tipped LTNM for success.
Among those adopting Bitcoin Latinum is the award winning studio, Cross Creek Media. Associated with such films as Black Swan, American Made and Hacksaw Ridge, Cross Creek is a major player in the movie industry.
Timmy Thompson, CEO of Cross Creek Media discussed his excitement in this venture. He said: “We are very excited about Bitcoin Latinum and its capabilities as an insured token, as we continue developing award-winning properties.
“Cross Creek’s portfolio of new media technology investments perfectly positions us to take advantage of the digital asset sector in Media and Gaming.”
Other benefits being cited for Latinum include “increased security for inflight transactions and an enhanced mining node”. Also, it is hoped that Latinum can reduce the cost of on-chain Bitcoin transactions drastically.
Leading speciality brokers, Marsh & McLennan, will be supplying insurance for Bitcoin Latinum. This insurance, which is being arranged by Marsh Asia, will supply holders with, amongst other things, some protection from external theft and internal collusion.