The Litecoin Summit 2018, which is the first ever, official Litecoin (LTC) event, will take place in South San Francisco Conference Center on September 14-15, 2018. Organized by the Litecoin Foundation, the summit seeks to bring together all the users, developers, and individuals interested in Litecoin.
The Litecoin Foundation is a nonprofit organization that seeks to develop Litecoin in a way that benefits the society through blockchain technologies. Litecoin is ranked as the fifth largest cryptocurrency based on its market cap and the trading transactions.
Businesses or merchants that accept LTC as a method of payment as well as exchanges and organizations in the community using LTC are encouraged to participate in the Summit as exhibitors.
The summit will provide companies who apply to become exhibitors with a platform to launch and display their products or make brand announcements to the thousands of attendees that the platform seeks to bring together. The summit will also enable attendees to network, connect, and interact with other LTC users, developers, and industry leaders.
Importance of the summit
Apart from connecting worldwide supporters of Litecoin, another purpose of the Summit might be to introduce new products to the cryptocurrency market that will aid in the adoption of cryptocurrencies in day-to-day transaction. The products might also encourage business in accepting Litecoin payments.
It is believed that in order to improve the adoption of cryptocurrencies, the cryptocurrencies will have to be normalized. In this regard, the summit will also provide a platform for the Litecoin merchants and users to discuss why the adoption of Litecoin is important to the economy and the challenges its adoption might bring forth.
Details about the speakers of the summit are not yet available but it anticipated the speaker list will include the top industry leaders such as the creator of Litecoin, Charlie Lee, who will be at the top of the list of the notable speakers.