Review of Latium $LATX 04/14/2018

Review of Latium $LATX 04/14/2018



Before I get started, I want to remind everyone that this is not financial advice. I am not a financial advisor. If you take anything that I say to you as truth, you will get #rekt. Do Your Own Research #dyor








What is Latium and the LatiumX token? In a world where more and more people sustain themselves performing odd jobs, Latium is poised to disrupt the “gig economy”. The Latium platform allows people and businesses to create and post tasks for hire. According to the platform, they will support digital and in-person tasks. Their plan is to use Blockchain technology to create a platform that will support the gig economy of the future. They aim to provide transparency and offer real reviews from real individuals. No longer will people be able to create fake reviews or buy reviews to increase the ranking of their goods or services.
They currently have their beta site up and available with real tasks offered.






Fundamental Analysis:
The FA for Latium $latx, in my opinion, are pretty good. They are not spectacular…..just pretty good. They have a good following on social media sites like Twitter, Youtube, Telegram, Facebook, Reddit, and Medium. They have a little star power on their Advisory team with John McAfee joining.
Here is their proposed road map:






I believe they are right on track with their development. Unfortunately, their Github is not open so I couldn’t personally verify that they are on schedule with their deliverables or the numbers of commits associated with that development.
Technical Analysis:






This is a very promising project to me. As of the time of writing, this token is down 17.71% on the day with a purchase price of 0.00000306 BTC. While that doesn’t seem like much, there are only 74,697,113 in circulation with a max supply of 300,000,000 to ever be generated. As they were only recently released on exchanges, I can’t give you a confident mid to long term TA. I am an investor, not a trader, so I never look at short term performance in determining a potential buy. Please see the chart below of their technical performance.
Summary:
All in all, I believe this is a good project. I am taking a small position on Latium because I believe in the long term it will perform well. I also believe that it is ahead of its time and they will offer competition to sights like Fivvr going forward.
Sources:

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