Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 34. (Read 144625 times)

There is a Lykke Card on the roadmap. How does it compare to Monaco Card which offers a 0.75% cashback?

Yes Blocknet is solid, Can't compare it to others, wait until the UI comes out

Why not just hook up with Blocknet. They are already decentralized and the exchange is already working with many coins. You could easily implement them  without having to build your own. They are the only ones who seem to have figured out true atomic swaps on like 30 plus coins

LKK represents ownership - like a share (100 LKK = 1 share of Lykke Corp).

Community-Voting:

"What kind of information would you like to know about Lykke? Which topics and what kind of content would you like to see?"

I understand this kine and there is a stock exchange? But please tell me why I should buy this coin, what is it good for?

Tempus's latest news is really extraordinary, as is the diffusion and adoption among users .... this sooner or later will reflect on prices.

I hope lykke can run and even advertise on his exchange, and do not miss that advantage he has ... every month are in fact getting out ICO of decentralized exchanges and competition is getting harder.

I don't see why LKK needs to be in the hands of more people. The available supply could quickly change as it depends if it's on private wallets or not. Most is held by early founders and investors who have a very long term vision for Lykke so they are definitely not rushed to sell anytime soon, no one can force them to do that either.

But you may have a point that instead of paying dividends a buy back could be a feasible solution. I would personally prefer dividends since that was always the goal but many project changed it to buybacks later on due to regulatory issues and being a simpler method of redistribution.

The market is still hot now. The price of this coin seems to have gone up many times

That suggestion seems to make sense if we focus (only) on the short-term-price of LKK. But: LKK represents ownership and burning supply would mean to shift ownership from founders and company to 'everybody else'. And why would the founders do that? They all are hard working to make Lykke a success and Richard Olsen, for example, is not only the one who started this project and works hard for it, but also the biggest Investor.

And out of the perspective of those who invested in LKK: Doesn't it feel better if those who work everyday on this have some skin in the game? Lykke is really not about a short-term-market-move-project. Technically LKK has all "features" of a cryptocurrency. But since it represents ownership it's not that dependent on a wide distribution like it's the case in usual CC's.

Long term hodler here.
Lykke really needs to burn/destroy more than 50% of the total supply.
1,285m Coins with just 267m (~20%) in circulation is a joke.

The team is dumping lykke's to keep price down/get profit for themselves.
Beautiful product though.

Lykke sponsored Smart Energy Hackaton Southeast Asia focusing on a blockchain-based spoofproof solution for electricity bills.



https://smartenergyhackathon.splashthat.com

Wow, that growth is quite impressive. I'm guessing the main thing that needs to happen is user growth to get the volume up in the market. Not sure what the focus is for the next release, but I'm sure web based trading rather than app based would see a huge influx of users. But that would need a hell of a lot of testing. Once you open the floodgates everything needs to work perfectly to cement a good reputation.

Join Lykke in launching a crypto-index investment fund
Interest in cryptocurrencies for investment is rising. Recently the Business Insider UK wrote, that an analyst at Goldman Sachs stated to portfolio managers that it is getting harder for institutional investors to ignore cryptocurrencies. The crypto world is still young with no easy way to get representative exposure. Lykke wants to build a crypto-index and want your help to achieve that goal and shape the future of investing!

The 1st winner will join Lykke in launching a crypto-index investment fund.

https://streams.lykke.com/Project/ProjectDetails/join-lykke-in-launching-a-crypto-index

Blockchain Will Help Society
by Richard Olsen, Simran Mulchandani
http://businessworld.in/article/Blockchain-Will-Help-Society/08-09-2017-125705/

Yes, but there is some progress:


United States:
The legal entity of Lykke Securities (SEC Broker) has been registered with the state of New Jersey, which means that Lykke Securities is officially recognized as a New Jersey company. The registrations for the legal entity Lykke Dealer (CFTC Broker) have been completed at U.S. Federal, state, and city levels. The U.S. National Futures Association has issued an ID for Lykke Dealer.

United Kingdom:
Lykke UK has onboarded an additional cryptocurrency liquidity provider. The MTF application process is being discussed, and an FCA representative had been allocated. An application package in compliance with MiFID (II) standards is in the process of being updated for submission.

Cyprus:
Lykke Cyprus is one step away from achieving its licenses. The Lykke Investment Firm is in the final stage of being authorised by the Cyprus Securities and Exchange Commission, and it is ready to serve clients for trading, portfolio management, and investment advice and research. We have already received a response from the Central Bank of Cyprus for our Electronic Money Institution license, which has also proceeded to the next phase. The Lykke EMI will be ready to serve any type of client for all electronic payments.

Singapore:
Lykke Singapore has established a Singapore holding company called Lykke Corp Pte Ltd. We will be establishing two new entities as subsidiaries in the next few months: Regulated Exchange Activities and Asset Management. We have also defined our regulatory MAS licensing strategy, which includes RMO, or the Exchange Licence; SVF, or E-Wallet; Custody; Remittance Licence; Asset Management; and Crowdfunding. In addition, we have prepared our roadmap for unregulated products in the area of non-securities trading, namely Singapore Wallet, and we are localizing the Terms and Conditions and the Know Your Customer and Anti-Money Laundering processes for the wallet application.

USA still out of bounds?

This is what got me so excited about Lykke at first, it's an amazing idea.