Topic: ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation - page 65. (Read 88371 times)

@Peter78,

As said before, and what is factually be the case, LEOcoin Foundation CIC and Learning Enterprises Organisation Ltd. are two legal entities. One is a Limted, the other a community interest company (CIC). As Dan Anderson is the Chairman of the LEOcoin Foundation it is fully normal that he has reserved the Domain.

I though that on of the advantages to use Leocoin and LeoXchange (compared to my bank) are the almost non-existing fees ?

They say on LeoXchange:

Thats true, but when are your told LEO POS is coming and it will make your "transfers" easy and fast (alot of this merc are older people, with little or no knowledge in cryto, wallets etc) i would guess they just waited till they forgot 
 And yes, it is possible, dont know why it wouldnt be.  but mercs are not biting, from the looks of it.

they were bugged as f*** in the beginning, now i wouldnt know, dont use it anymore, fees are....well, ill just say funny  min. of 25GBP per withdrawl? Oh and like i was told, its not LEO thats taking this money, its their BANK    go figure

@Cryptotraider16


What do you mean by "slow " ?

But they don't need a POS to work with LeoCoins as a merchant !

They could just say that they accept Leocoins and a potential customers makes a Leocoin transfer to their wallet.
So that is already possible today !?

@LeoCoin Foundation


In that case, why is the website domain of Leocoin Foundation registered and administered by LEO Ltd 

From
https://whois.icann.org/en/lookup?name=leocoinfoundation.org

Your right, on some level, but i do know some of those merchants, and they were more then willing to start "working" in LeoCoins, but as said before, POS never came....it was promised, to several people, several times, but as you can see, still no POS. And again, your right, giving coins to people for nothing, doesnt seem right. As Friky Frik said; alot of good and old friendships were put on a test, all due to LEO promising things that never came. 

About leocoin exchanges i can say they are slow but total legit!
Me and my friends trade over 1milion leocoin on leobit.net and leoxchange.com and all was ok but slow and sometimes some problems but never lost anything!

I still think leocoin will go up in few months!

Guys there is plenty other good cryptocoins! Invest in btc, halving will be here real soon too😜

Leocoin foundation,any news on USA leoxchange platform?

Not sure it was a mistake... It was there strategy to get that number... It's just another hook to lure people in.. You can listen hours of stories on how LEO is the next best thing, how big community it is, how many merchants already support LEOcoin, how some day, LEOcoin will be worth more than bitcoin, how there learning platform is best life changing trend...

Reality is a bit different. You can buy/sell LEOcoin on one crap unresponsive exchange, you can lease mining rig that will pay out less than if you make rig yourself and you can buy "spiritual guidance" to build MLM. Did I missed something?

But here to be honest that merchats enter becouse of greedy LEO members all over the world and here LEO company did mistake they do that way and spend 6 milion leocoin for nothing!
Most merchants dont know anything!
 This was mistake lep company offer free leocoins and got nothing in return!!!!! Just see list of merchants you guts enter to receive free leocoins!

Majority of those merchants dont even know what cryptocurrency is or how it works. Most joined because of rewards and promised profits and the opportunity was free. So there you have it... Database of people who said yes to idea that was never delivered... Everything LEO is now, seems like an empty book with shiny fancy covers.

There are over 32,000 merchants who signed up for the program. In how far they are in full compliance with the KYC requirements I cannot check, as this program forms no part of the LEOCoin Foundation. I guess there may be a few reasons, why the program seems to be delayed, but it is certainly an issue, as one of the main reasons to have LEOcoins, is the possibility that you can spend them. So, I hope that over the course of the next couple of months, the merchant program will be activated. But, again, it is not our own project, so someone else needs to do the work.

This site look like some kids make it!!! This is big shame!

@Izi



Hi,

according to

http://leomarketplace.com/

there are over 32000 merchants who accept Leocoin ?!?!

Now this is strange.
I don't understand that.

According to the official court papers, SGS Company is the legal representative of Leocoin Foundation and responsable for the administration of Leocoin Foundation !

That sounds like a very close relationship to me.

And who is behind SGS Company ?

What is SGS?

Currently there is no relation with SGS.

I sugest lets wait new wallets and wait POS ! I like to get 20% extra on my 100k coins a year!

Hello @All,

I'm a member of LEO for more than a year. It was introduced to me by Barrio and friky and when I heard it all, I imagined a big people driven nework of oprotunities... Strong market, startup platform, support, tutorials, courses and own cryptocurrency on top of big united community with one mission... "Service to mankind by unleashing human potential."

Unfortunately, not even close... There is tons of vids that tell you how to take money from people and smile by selling vids that tell you how to take money from people and smile and helping them to learn to take mo.........
So LEO mission is more like "Service to Dan kind by .......... and smile"

I joined mostly because LEOcoin but after more than a year, I stil cant do anything with it... well I can sell and buy them... for what? I know few "merchats" that accepted LEOcoin... So now what? Cant even get a coffee.
So we tried to change that and try to make a POS (point of sale). Contacted LEOxChange to provide required APIs for market data and manipulation but all we got was promises...

So we tried again with idea that could give LEOcoin a push it needed... LEOStartUp was born..
rest of story is in Barrio's post...

There's so much more, that is just not right, but this is whole new level of entrepreneurship.. Or so they call it...

Have a lovely evening every1!
Best regards