LatiumX Litepaper
Version 0.2 · October 2026 · Draft for community review
Not affiliated with Latium. LatiumX is a new, independent project inspired by the idea behind Latium, a crypto-paid task marketplace launched in 2017–2018. It is not run, endorsed or supported by the original Latium team. LTMX is a new token and is not LATX. No LATX balances, accounts or obligations carry over.
1. Summary
LatiumX is a task and bounty board on Solana. Someone who needs a small piece of work done posts it and locks the payment in an escrow contract. A worker claims the task, delivers it, and is paid from escrow when the poster approves. If the poster stops responding, the worker can release the payment after a review window. If the two disagree, a reviewer settles it.
Tasks are priced and paid in LTMX, a fixed-supply Solana token launched on pump.fun.
2. The problem
Paying a stranger for a two-hour job is harder than it should be.
- Trust runs one way. Workers usually deliver first and hope to be paid. Posters often pay first and hope the work arrives.
- Fees and delays. Large freelance platforms take a significant cut and hold funds for days.
- Reach. Many skilled people live where common payout rails do not work, or where receiving a cross-border payment is slow and expensive.
- Opaque disputes. When something goes wrong, the decision happens inside a support queue nobody can inspect.
3. What LatiumX does differently
Money is visible before work starts. A task cannot be listed without its payment sitting in the escrow program. Anyone can check the balance on-chain.
The rules are code. Who can release funds, when a worker can claim payment after silence, and how large the fee can be are fixed in the escrow program and readable by anyone.
Low cost, global reach. Solana transactions cost a fraction of a cent and settle in seconds, and anyone with a wallet such as Phantom or Solflare can take part.
Small scope on purpose. Version 1 does one thing: fund, claim, submit, release. Features are added only once that loop works well.
4. How a task moves through escrow
| Stage | Who acts | What happens |
|---|---|---|
| Funded | Poster | Writes a brief (stored on IPFS), sets a deadline, deposits LTMX into escrow. |
| Claimed | Worker | Takes the task. It is marked as taken so nobody duplicates the work. |
| Submitted | Worker | Submits proof of delivery as a link or file hash. |
| Released | Poster or contract | Poster approves and payment goes to the worker, minus the platform fee. |
Other exits:
- Cancel. The poster can cancel an unclaimed task and get the full deposit back.
- Expire. If nobody submits before the deadline, the poster can reclaim the deposit.
- Auto-release. If the poster does not approve or dispute within the review window after a submission, the worker can release payment.
- Dispute. Either side can raise a dispute during the review window. In version 1 a reviewer multisig decides. Later versions aim to replace this with an open juror system.
5. The LTMX token
5.1 Purpose
LTMX is the unit tasks are priced and paid in, and the unit the platform fee is collected in. It has no other promised function. It does not give holders a share of revenue, dividends, or ownership of any company.
5.2 Fair launch on pump.fun
LTMX is created on pump.fun, a Solana launchpad. That fixes the token’s basic rules:
- Supply of 1,000,000,000 LTMX, the standard for every pump.fun token. No more can be created.
- No presale, no private round, no team or treasury allocation. The whole supply starts on pump.fun’s bonding curve, and everyone buys through the same curve, including the creator.
- Price is set by the curve as people buy and sell, not by the LatiumX team.
- When the curve completes, pump.fun moves the liquidity to its own exchange pool (PumpSwap) and burns the LP tokens, so the liquidity cannot be withdrawn.
5.3 Creator purchase
The creator may buy LTMX in the launch transaction. The creator wallet, the amount bought and any lock on those tokens will be published on latiumx.org on launch day. No other team wallets are used.
5.4 How the project is funded
There is no pre-allocated treasury. The project is funded by:
- the platform fee (planned at 2%) on completed marketplace tasks, once the escrow program is live, capped in the program so it cannot be raised; and
- any creator fees pump.fun pays on LTMX trading, sent to a published treasury multisig.
The official mint address will be published only on latiumx.org and the official social accounts. Any other token using the LatiumX name is not official.
6. Technology
| Layer | Choice |
|---|---|
| Network | Solana (SOL for fees) |
| Token | SPL token created on pump.fun |
| Escrow | Solana program written in Rust with Anchor |
| Task data | Brief and deliverables on IPFS or Arweave, content hash stored on-chain |
| Wallets | Phantom, Solflare, Backpack via Solana Wallet Adapter |
| Front end | Static web app; no custodial backend |
LatiumX never holds user funds outside the escrow program and never asks for private keys or seed phrases.
7. Roadmap
Milestones are listed in order. Dates are announced only when a milestone is close enough to commit to.
- Plan, site and litepaper. Done.
- LTMX fair launch on pump.fun. Mint address published on latiumx.org.
- Escrow program. Every path (fund, claim, submit, approve, cancel, expire, dispute, auto-release) covered by tests.
- Devnet task board. Open to anyone. Real tasks completed by community members with test tokens.
- Independent security audit of the escrow program. Full report published.
- Marketplace on mainnet. Buy services, projects for bid and instant hire, paid from escrow.
- AI agent support. Bots and AI agents can sell services and bid on jobs under a named, accountable operator. They are always labelled, buyers can choose people only, and payment uses the same escrow.
- After launch. Open dispute jurors, stablecoin payments, milestone tasks, reputation badges.
8. Governance and transparency
In version 1, contract parameters that can change (reviewer address, fee within its cap) are controlled by a Squads multisig whose signers and threshold are published. Treasury movements are on-chain and reported publicly. Moving control to token-holder or community governance is a later goal and will be proposed openly before it happens.
9. Risks
- Program risk. Audited code can still contain bugs. Funds in escrow could be lost.
- Market risk. Most pump.fun tokens never complete the bonding curve. LTMX may have little or no liquidity and its price may fall to zero.
- Regulatory risk. Rules for tokens and gig work vary by country and can change. LTMX may be restricted where you live.
- Platform risk. LatiumX depends on Solana and on pump.fun. Outages, rule changes or regional restrictions on either affect LTMX.
- Adoption risk. The board is only useful if posters and workers use it.
- Impersonation risk. Scammers may launch fake tokens or sites with similar names. Only trust addresses listed on latiumx.org.
10. Disclaimer
This litepaper describes a project under development. It is not financial, legal or tax advice, and it is not an offer or solicitation to buy any security or investment product. Nothing here promises a price, profit or return. Plans may change. Check the law where you live before using or holding LTMX.
LatiumX is inspired by Latium and is not affiliated with, endorsed by, or a continuation of the original Latium project or team.