Ankr Teams Up With LTO Network; Announces LTO Network Node Hosting and Campaign

Ankr, a leading name in the cloud computing industry, has announced its partnership with LTO Network following which it will channelize the LTO Network public node hosting on its distributed cloud using a highly efficient UI. The strategically important news was circulated in the crypto space through the release of an official report on February 27, 2020, by the Ankr network. Ankr has designed a simple and revolutionary application that can be employed by the community members to set up their public node in a few quick steps.

The auspicious event is being welcomed by the Ankr community in a big way as it will launch a super promo campaign for its global client base. As part of the campaign, the customers will get a golden opportunity to enjoy access to a month-long free hosting along with a fair chance to earn lucrative rewards from a shared pool of 100,000 LTO. Ankr will also give a cashback on the first month of hosting for LTO nodes.

“It is really great to be working with our long-time friends at LTO Network! They have a great node hosting community, which have been very supportive helping out with testing and UX optimization. We look forward to adding more nodes to the LTO Network and to more future collaborations!” stated Ryan Fang, COO of Ankr.

LTO Network boasts of a hybrid architecture in which a portion of it is a permissionless public chain where the LTO token utility and the economic model are channelized. Unlike other public blockchain networks, LTO supports a variation of Proof of Stake and is also non-inflationary, which makes it quite popular among masses. On the other hand, Ankr aims to streamline the process of node hosting by eliminating the barriers for community members that occur during node hosting. The users earn staking rewards for their favorite projects.

One does not require technical knowledge for setting up an LTO public node on its cloud solution. It takes less than five minutes to deploy the LTO node on the network. One also need not struggle with documentation or pricing set up at a public cloud provider.

Steps To Participate In The Campaign

  • The users need to set up an LTO public node on Ankr before March 15, 2020. This will require an LTO mainnet wallet.
  • From your official Twitter handle to tweet about your experience along with a screenshot of your node. Add #StakeYourLTO and tag @Ankr.
  • Fill the Google form available before March 15, 2020.
  • For help, join the LTO tech chat.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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