• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Money 20/20, Amsterdam (June 6-8, 2023)
    • WFIS, Nigeria (June 6-7, 2023)
    • Crypto Expo Asia, Singapore (June 7-8, 2023)
    • BLOCK3000: Blockchain Battle, Lisbon (July 6-7, 2023)
    • NFT Show Europe, Valencia (July 14-15, 2023)
    • CyFrica, Kenya (July 18-19, 2023)
    • TOKEN2049, Singapore (September 13-14, 2023)
    • Future Banks Summit, Riyadh (September 19-20, 2023)
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
    • FinTech Festival Asia, Thailand (September 27-28, 2023)
    • European Blockchain Convention, Barcelona (October 24-26, 2023)
    • Future Tech Event, Oman (November, 2023)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
Visit Money 20/20, Amsterdam on June 6-8, 2023
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Litecoin launches a platform for decentralised tokens and NFTs

September 13, 2021 By Crypto Reporter

Open-source platform OmniLite will allow the creation of cryptocurrency, stable-coins and NFTs

\The Litecoin Foundation has announced the launch of OmniLite, a decentralized token creation platform. It is an open-source platform that makes it possible to produce decentralized tokens and smart contracts along with crypto-assets, such as tokens and NFTs.

OmniLite is a layer that sits on top of Litecoin’s blockchain, it uses the benefits of its highly regarded network security and low fees. The tokens appearing through OmniLite can be considered as an extension of Litecoin and as a result, the tokens transactions are recorded on its blockchain. Additionally, all digital assets created via OmniLite will take advantage of all the benefits the Litecoin network has to offer.

Litecoin is a peer-to-peer cryptocurrency and open-source software project created as an early bitcoin spinoff in October 2011 by former Google engineer Charles Lee. In technical details, Litecoin is nearly identical to Bitcoin. As of today, its market cap amounts to over $12 billion, considered by some as significantly undervalued.

More news:

  • Litecoin’s Mimblewimble upgrade has been released
    Litecoin’s Mimblewimble upgrade has been released
    February 4, 2022
  • Hermitage Museum to offer its own NFTs
    Hermitage Museum to offer its own NFTs
    September 1, 2021
  • India to tax crypto and NFTs profits at 30%
    India to tax crypto and NFTs profits at 30%
    February 2, 2022
  • Cybercriminals have stolen over $100 million in NFTs during the last year
    Cybercriminals have stolen over $100 million in NFTs during the last year
    August 30, 2022
  • Binance will no longer support stock tokens
    Binance will no longer support stock tokens
    July 19, 2021
  • Amazon explores the NFT-platform idea
    Amazon explores the NFT-platform idea
    February 9, 2023

Filed Under: General News, News Tagged With: blockchain, cryptocurrency, litecoin, news, NFT

Primary Sidebar

Follow Us

Press Releases

Crypto Unicorns Launches Unicorn Party, Introduces First Mobile, Multiplayer Game Portfolio

June 8, 2023

Experts Are Recommending TRON (TRX), Arbitrum (ARB), and Collateral Network (COLT) for High Gains in 2023

June 8, 2023

Embracing Infinity: TMS Network (TMSN) Defies Limits as XRP (XRP) and Optimism (OP) Locked Down

June 8, 2023

TOKEN2049 Singapore Set to Be World’s Largest Web3 Event With Over 10,000 Attendees

June 7, 2023

Bybit Joins DMCC as Ecosystem Partner to Accelerate Development and Mass Adoption of Crypto and Web3

June 7, 2023

Money 20/20

WFIS 2023

NFT Show Europe 2023

CyFrica 2023

Blockchain Expo Europe 2023

Fintech Festival Asia 2023

European Blockchain Convention 2023

Blockchain Expo Global 2023

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter