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Rick Schmitz

Rick Schmitz

Chief Executive Officer · LTO Network

Directed token sale structure, exchange listings and commercial adoption

Responsible for defining go‑to‑market strategy and executing funding and listing operations that materially affected LTO token liquidity and market access. Took primary responsibility for structuring the token sale phases, coordinating the ERC‑20 issuance and later mainnet migration processes, and negotiating initial exchange listings that created primary trading venues and market depth for LTO. Those actions shaped early circulating supply, vesting schedules and listing timing that directly influenced price discovery. Led business development efforts to onboard enterprise customers and public sector pilots that generated real transaction throughput on the network. Negotiated integration deals and proof‑of‑concept projects which translated into recurring gas usage and staking incentives, thereby increasing on‑chain demand for the token. Managed relationships with market makers and custodial partners to support secondary market liquidity. Oversaw compliance choices and disclosure around token economics, coordinating with legal counsel to align sale documentation and lockup schedules with investor expectations. Communicated strategic milestones and roadmap updates to the market through official announcements, thereby influencing investor sentiment and trading behavior. Maintained oversight of treasury allocation and incentive programs that funded node operation grants and partner integrations. These operational funding decisions determined the availability of tokens for ecosystem support and influenced how liquidity provision programs were implemented in early market cycles.

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