[ANN] 🔵 LATOKEN - Multi-Asset Trading Platform 🔵 - page 171.

Greenlee

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Quote from: mtnminer on September 18, 2017, 11:35:13 PM

Quote from: thevampireskilledit on September 18, 2017, 11:21:03 PM

Could anybody explain, whats main benefits for asset owners and for investors?

On average home sellers pay their listing agent a commission of about 6% of the price. Other transaction costs amount to ~5% and include escrow costs and recording costs upon sale, title insurance costs. The sale process takes on average not less than 70 days. The proceeds from the real estate sale are taxed at the rate of up to 20%.
As I understand the platform is called upon to solve these problems

And similar problems in the equity, debt and art works markets

mtnminer

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Quote from: thevampireskilledit on September 18, 2017, 11:21:03 PM

Could anybody explain, whats main benefits for asset owners and for investors?

On average home sellers pay their listing agent a commission of about 6% of the price. Other transaction costs amount to ~5% and include escrow costs and recording costs upon sale, title insurance costs. The sale process takes on average not less than 70 days. The proceeds from the real estate sale are taxed at the rate of up to 20%.
As I understand the platform is called upon to solve these problems

Greenlee

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Activity: 336

Merit: 250

Quote from: thevampireskilledit on September 18, 2017, 11:21:03 PM

Could anybody explain, whats main benefits for asset owners and for investors?

For Asset Owners LAToken unlocks the value of assets by selling their tokenized fractions to crypto investors. For investors LAToken opens global access to real assets using cryptocurrency, with low transaction costs and maximum transparency and security. With LAToken investors of all sizes may own fractions of assets previously accessible only to large investors (such as real estate and works of art) and thus increase their ROI and diversify portfolios.

thevampireskilledit

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Could anybody explain, whats main benefits for asset owners and for investors?

Greenlee

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Activity: 336

Merit: 250

Quote from: rodeoclownicp on September 18, 2017, 10:46:19 PM

How is LAToken going to attract investors? Does LAToken have paying customers?

We already have lists of buyers & sellers ready to onboard. We are getting requests, the demand is growing, because all the customers want low transaction costs, transparency & speed

Greenlee

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Quote from: baddw on September 18, 2017, 10:43:24 PM

Why you make a minimum contribution - 10 ETH? It's not too much for beginners?

In 7 hours the next round will begin and the minimum contribution will be 0.0013 ETH

rodeoclownicp

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How is LAToken going to attract investors? Does LAToken have paying customers?

baddw

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Why you make a minimum contribution - 10 ETH? It's not too much for beginners?

Greenlee

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Quote from: rodeoclownicp on September 18, 2017, 10:05:55 PM

How long do the tokens take to show up in Lat wallet after transfer from my ether wallet?

If you put 250000 gas, tokens will be on your LAT wallet in an hour

rodeoclownicp

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How long do the tokens take to show up in Lat wallet after transfer from my ether wallet?

Greenlee

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Quote from: rodeoclownicp on September 18, 2017, 09:21:44 PM

I have a technical question. The paper says 600,000,000 lat are supposed to be froozen for 5 years, so we are left with the circulating supply 400,000,000 lats. Right? If the marketcap hits 400,000,000 then the rate of the token will be $1, if i am not wrong about this formula?

200M will not be circulated unless there will be due necessity for that. They are in the company pool.

rodeoclownicp

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I have a technical question. The paper says 600,000,000 lat are supposed to be froozen for 5 years, so we are left with the circulating supply 400,000,000 lats. Right? If the marketcap hits 400,000,000 then the rate of the token will be $1, if i am not wrong about this formula?

Greenlee

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Quote from: kangertech on September 18, 2017, 09:16:15 PM

How asset holder could be protected from LAT value fluctuation? Let's say it increases in value by 50% vs FIAT or BTC... till the settlement date. This is huge risk and would require a hedging of currencies

It is only if you compare it with fiat world. If you stay in crypto - no problem.
We believe crypto ccurrencies become a huge part of our lives.
Plus there are frozen tokens that can be used if LAT rate grows extremely high.

kangertech

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How asset holder could be protected from LAT value fluctuation? Let's say it increases in value by 50% vs FIAT or BTC... till the settlement date. This is huge risk and would require a hedging of currencies

Greenlee

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Activity: 336

Merit: 250