Topic: [ANN] 🔵 LATOKEN - Multi-Asset Trading Platform 🔵 - page 186. (Read 307573 times)
Data box does not make sense - my wallet did not accept it
Hey, guys! When you have 3 or more mistakes during log in, system bans you from entering your LAT wallet for 15 min. Just try again later.
Great tranquility arises before the name of LATOKEN.
Сould you please explain what is going on in the LAT market for Apple? It says that there are 10 tokens in circulation, but there seem to be trades for much more than that. Also, the bid appears to be the same as the offer, which is strange. Finally, are these actual shares, or forward shares?
As i see they fixed some misunderstang with the orders at the markets. I saw selling orders to be lower than buing Сould you please explain what is going on in the LAT market for Apple? It says that there are 10 tokens in circulation, but there seem to be trades for much more than that. Also, the bid appears to be the same as the offer, which is strange. Finally, are these actual shares, or forward shares?
Token working like forward 
Сould you please explain what is going on in the LAT market for Apple? It says that there are 10 tokens in circulation, but there seem to be trades for much more than that. Also, the bid appears to be the same as the offer, which is strange. Finally, are these actual shares, or forward shares?
If someone is tokenising an asset, how does the buyer know that the asset really exists?
Each transaction is legally accompanied by third-party companies that guarantee that the asset is insured and will not be resold.
Any updates on the bounty?
I'll post an announcement as soon as we have it.
The more you know about your customers, the more you can provide to them information that is increasingly useful, relevant, and persuasive.
That's it! And that why we are always open for all your tricky questions
What happens once the stock purchased on the exchange expires. Does the exchange then buy it back at current USD price in the form of LAT?
If the seller fails to buy LABT back on the expiration date, it's sold on the Dutch auction for fiat currencyRight now - yes. Soon we'll work via broker.
Token sale will be completed in 4 rounds, right ? how many is total supply?
Greenlee was right. total supply:
200M - token sale
200M - team pool, maintenance, development
600M - frozen
What happens once the stock purchased on the exchange expires. Does the exchange then buy it back at current USD price in the form of LAT?
We have market making budget.
What happens once the stock purchased on the exchange expires. Does the exchange then buy it back at current USD price in the form of LAT?
If the seller fails to buy LABT back on the expiration date, it's sold on the Dutch auction for fiat currencyYep
How is counterparty risk managed?
We’ll provide market making services on LAT exchange & we’ll be the only seller of tokenized shares initially. After thoroughly testing & finalizing this model we’ll allow small amount of qualified users to experiment.
LAToken will choose certified & reliable partners.
So what happens if the owner of the shares goes bankrupt or cannot provide the shares to lat?
His asset will be sold on the fiat auction.
As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?
Yes, token holders don't have any ownership
Do you need a license for your activities? What documents are needed when uploading a property of selling objects in your system?
That's always depends on the local laws.
@kerhso
I wish - on my part - to congratulate your entire team.
Not only did you guys came up with a great idea, you have also done your research well (real & digital world) and are responsive within the forum, providing clear, prompt, honest and humble answers.
Keep up the good work.
I can't see why your coin can't x1000 its value within the next 8 years as you predict should nothing major happens globally (a stray nuke would do it and unfortunately it is one of the many possibilities in regards to things that could go horribly wrong for our troubled little planet)
I wish - on my part - to congratulate your entire team.
Not only did you guys came up with a great idea, you have also done your research well (real & digital world) and are responsive within the forum, providing clear, prompt, honest and humble answers.
Keep up the good work.
I can't see why your coin can't x1000 its value within the next 8 years as you predict should nothing major happens globally (a stray nuke would do it and unfortunately it is one of the many possibilities in regards to things that could go horribly wrong for our troubled little planet)
The more you know about your customers, the more you can provide to them information that is increasingly useful, relevant, and persuasive.
Token sale will be completed in 4 rounds, right ? how many is total supply?
Yes, 4 rounds, total supply:200M - token sale
200M - team pool, maintenance, development
600M - frozen
Thank you for the clarification. This looks really good.
Any updates on the bounty?
And what about fees of service vendors involved in the process - insurance, trustees and so on?
According to white paper, origination expenses, the asset owner has to pay in fiats and the exact amount of fees will depend on the asset class and smart contract details
And what about fees of service vendors involved in the process - insurance, trustees and so on?
Anybody know how much fees Latoken takes for asset tokenization?
Up to 0.01% of the asset tokens’ sale priceAnd transaction fees for trading asset tokens are ~0.001%
Anybody know how much fees Latoken takes for asset tokenization?
for example if someone tokenises a Picasso painting, how does the buyer know it is genuine?
There are certified trustees, who are responsible for the safety of an asset. They also conduct appraisal of itAs for gold, it's traded only as futures at the LAT marketplace.
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