The Litecoin Foundation announced today that after two months of work with its lawyer, the non-profit organization is finally incorporated as a public company limited by guarantee in Singapore.
For the LTC asset itself, this past week was something to behold as the currency doubled in a matter of 48 hours from its ever long consolidation at $4 USD to now over $8.50 USD.
With Bitcoin having on-going issues with its scaling debate, other cryptocurrencies have gotten a second look and chance to shine.
The Litecoin Foundation was as recently as last December holding a contest for a 30 LTC reward for its corporate logo design on litecointalk.io, the official website however still has no logo.
Profile
Litecoin Foundation Ltd. is a non-profit organization registered in Singapore (Unique Entity Number 201709179W). Its mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies.
- Full-Time Managing Director: Charlie Lee
- Directors: Charlie Lee, Xinxi Wang, and Franklyn Richards
- Office Address: 111 North Bridge Road # 08-19 Peninsula Plaza, Singapore 179098
- Email: [email protected]
Litecoin Core Development Team: Includes all developers of the Litecoin project. While the core team is different from Litecoin Foundation, Litecoin Foundation closely works together with the core team and supports them financially.
Add comment