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Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 55. (Read 144610 times)

sr. member
Activity: 448
Merit: 251
Lykke is building a great team!  Shocked
legendary
Activity: 1960
Merit: 1128


Nick Gogerty Joins the Lykke Team as Chief Strategist

(...)


Gogerty previously worked at one of the world’s largest global-macro hedge funds as a Sr. business analyst. He has been involved in risk analysis, Forex trading, and software development for more than twenty years.

From the East Coast office, Gogerty will function in several roles. ”Lykke is building a massive platform for growth,” he says. “Much of that work isn't public yet. My near term job is to support Lykke's platform by finding the early partners and new products and services that will deliver exponential growth across geographies, business sectors and customers, from individuals to institutions."

The Lykke team is thrilled to welcome him to the Lykke family.


https://www.lykke.com/company/news/nick_gogerty
legendary
Activity: 1568
Merit: 1000
I really expect a lot from Lykke. The quality of this project is similar to Stellar or Ripple. However, big difference that Lykke also makes you a shareholder of the project. I'm keeping this stake for very long term.

I expect partnerships with big parties to be announced in the upcoming months/years. Maybe UBS, Credit Suisse or other European banks.

Keep up the good work guys!

Btw can we get this coin on additional exchanges?

It's definitely one of the most legitimate and serious projects out there, I can't think of any other that gives you actual equity and that plays a part in keeping the price somewhat stable (there are a lot of stuff to consider compared to a token which is basically a software license to use the network, it's great but it's just pure speculation). Lykke has offices, deals, licenses, employees, revenue, dividends and even land or assets that could acquire in the future.

The idea is to add Lykke to other exchanges since this will bring some benefits, the app is currently the only way to get LKK as you may know. Poloniex and Kraken are mentioned in Trello roadmap for mid term, that's the only information available so far.
legendary
Activity: 1232
Merit: 1000
I really expect a lot from Lykke. The quality of this project is similar to Stellar or Ripple. However, big difference that Lykke also makes you a shareholder of the project. I'm keeping this stake for very long term.

I expect partnerships with big parties to be announced in the upcoming months/years. Maybe UBS, Credit Suisse or other European banks.

Keep up the good work guys!

Btw can we get this coin on additional exchanges?
legendary
Activity: 1960
Merit: 1128
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

As tempus explained Lykke current focus is a little different to Melonport. As far as I understand Melonport is creating a protocol that can be used to build tools for managing funds and tradeable assets. Kinda like Gnosis would be the base layer of prediction markets from where a company/site like Bet365 could be built on top on.

Lykke does not aim to be only "just an exchange" though, there are many plans for the future, including offering your own company stocks, create custom trading instruments and many other exciting ideas.

You may check out this Lykke Accelerator overview where more info about turn-key services are discussed:

https://www.lykke.com/company/news/lykke_accelerator

Lykke is more like an electric share, so it is impossible to list on main crypto exchanges, but it is on its active exchange, that is awesome.

Thanks for your inputs. There is a new ICO, nothing strange these days, offering a very similar service to Lykke: https://www.bancor.network/ What is your opinion? I think the competition will be huge and perhaps only one-two will survive. I like the fact that Lykke is done over colored coins, this gives it stability. The fact is that Lykke is a private company with very clear lead is also a plus ... or it may be seen as negative depending on who you talk to

Something that could potentially make bancor more competitive would be the immediate addition of all crypto to their exchange portfolio. In this regards Lykke is progressing very slow with only solarcoin listed. And Bancor will also exchange at a 0% (almost) fee


Lykke is not really slow, but in an early stage of course. Once the "base-building" is completed they'll add more assets, also do crowdfundings on the platform etc. I can't say much about similar projects but I don't know any that is ahead.

By the way: Ethereum-integration can be expected soon. Maybe/hopefully within the next 2 weeks.

legendary
Activity: 1960
Merit: 1128
member
Activity: 82
Merit: 10
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

As tempus explained Lykke current focus is a little different to Melonport. As far as I understand Melonport is creating a protocol that can be used to build tools for managing funds and tradeable assets. Kinda like Gnosis would be the base layer of prediction markets from where a company/site like Bet365 could be built on top on.

Lykke does not aim to be only "just an exchange" though, there are many plans for the future, including offering your own company stocks, create custom trading instruments and many other exciting ideas.

You may check out this Lykke Accelerator overview where more info about turn-key services are discussed:

https://www.lykke.com/company/news/lykke_accelerator

Lykke is more like an electric share, so it is impossible to list on main crypto exchanges, but it is on its active exchange, that is awesome.

Thanks for your inputs. There is a new ICO, nothing strange these days, offering a very similar service to Lykke: https://www.bancor.network/ What is your opinion? I think the competition will be huge and perhaps only one-two will survive. I like the fact that Lykke is done over colored coins, this gives it stability. The fact is that Lykke is a private company with very clear lead is also a plus ... or it may be seen as negative depending on who you talk to

Something that could potentially make bancor more competitive would be the immediate addition of all crypto to their exchange portfolio. In this regards Lykke is progressing very slow with only solarcoin listed. And Bancor will also exchange at a 0% (almost) fee
member
Activity: 82
Merit: 10
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

As tempus explained Lykke current focus is a little different to Melonport. As far as I understand Melonport is creating a protocol that can be used to build tools for managing funds and tradeable assets. Kinda like Gnosis would be the base layer of prediction markets from where a company/site like Bet365 could be built on top on.

Lykke does not aim to be only "just an exchange" though, there are many plans for the future, including offering your own company stocks, create custom trading instruments and many other exciting ideas.

You may check out this Lykke Accelerator overview where more info about turn-key services are discussed:

https://www.lykke.com/company/news/lykke_accelerator

Lykke is more like an electric share, so it is impossible to list on main crypto exchanges, but it is on its active exchange, that is awesome.

Thanks for your inputs. There is a new ICO, nothing strange these days, offering a very similar service to Lykke: https://www.bancor.network/ What is your opinion? I think the competition will be huge and perhaps only one-two will survive. I like the fact that Lykke is done over colored coins, this gives it stability. The fact is that Lykke is a private company with very clear lead is also a plus ... or it may be seen as negative depending on who you talk to
legendary
Activity: 1568
Merit: 1000
i think the prizes are too low. why don't they pay 3'000 for the first price. they have enough money.

I can speak for the design ones since I'm not sure what the other actually involves and I can say it's fair. I personally would offer more money for the first prize and not give too many second prizes so in that case I agree with you that the offer could be be better for the actual winner. It would be around a 100% raise in some cases (Icon set winner will get $600 and leave $100 for second place), or $800 for the Eco Wallet logo and $200 for second place for example.

You can check similar contests here for Logo design with different levels and budgets of course but around the same prices overall, they start at $299: https://99designs.com/logo-design

legendary
Activity: 1498
Merit: 1117
i think the prizes are too low. why don't they pay 3'000 for the first price. they have enough money.
legendary
Activity: 1568
Merit: 1000
There are 3 new contests at Lykke Streams:

Icon set for Lykke products - $300 First Prize, 3 $100 Second Prizes
https://streams.lykke.com/Project/ProjectDetails/icon-set-for-lykke-products

Logo for the Eco Wallet application - $400 First Prize, 3 $200 Second Prizes
https://streams.lykke.com/Project/ProjectDetails/logo-for-the-eco-wallet-application

Lykke Wallet’s Private key distributed backup. Second round - $500 First Prize, 3 $250 Second Prizes
https://streams.lykke.com/Project/ProjectDetails/lykke-wallet-s-private-key-distributed-backup-2
legendary
Activity: 1960
Merit: 1128
I just found a somehow critical post about Lykke on Steemit and it' an interesting one:

I don't lykke it
https://steemit.com/lykke/@ender/i-don-t-lykke-it


If we read through it and differ between the neutral (maybe even positive) description of Lykke, and what the author considers as negative, we find this:

1) His neutral explanation of Lykke:

"Lykke is an organization developing a decentralized exchange. Currency trades were the first implemented include cryptocurrency trades. Next up is supposedly music rights and carbon emissions. Multisig wallets require two keys before a transaction occurs. Transactions are thus approved by partipcants and the exchange. The transactions utilize the bitcoin blockchain which is secured by all the hashing power of bitcoin. A colored coin is attached the blockchain and allows the transactions to occur and be "notarized" by the network"


2) Points he is critical about:

- "I really don't like these colored coin models but a decentralized exchange sounds interesting."

- "I really don't like these projects that use other blockchains . Factom is another in this group. However a decentralized exchange is a fantastic idea. I wish it was developed on its own chain."



It's a fair post in my opinion. While it's not totally correct that Lykke develops a decentralized exchange because it's semi-decentralized (or semi-centralized), his explanation of Lykke is not a bad one. Fair is also that he doesn't hide that his conclusions are in fact subjective opinions - he states that "he really doesn't like (...)".

But: It would be interesting to know why he doesn't like the colored-coin-protocol and why he doesn't like projects that utilize other blockchains (Factom runs its own blockchain btw - but additionally anchors in Bitcoin).

Interesting is that he points on a key-aspect why it makes sense to use the Bitcoin-Blockchain:
"which is secured by all the hashing power of bitcoin"


I consider the author as somebody who will lykke it ;-)

sr. member
Activity: 383
Merit: 250
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

As tempus explained Lykke current focus is a little different to Melonport. As far as I understand Melonport is creating a protocol that can be used to build tools for managing funds and tradeable assets. Kinda like Gnosis would be the base layer of prediction markets from where a company/site like Bet365 could be built on top on.

Lykke does not aim to be only "just an exchange" though, there are many plans for the future, including offering your own company stocks, create custom trading instruments and many other exciting ideas.

You may check out this Lykke Accelerator overview where more info about turn-key services are discussed:

https://www.lykke.com/company/news/lykke_accelerator

Lykke is more like an electric share, so it is impossible to list on main crypto exchanges, but it is on its active exchange, that is awesome.
kc.
sr. member
Activity: 267
Merit: 250
uh-huh
legendary
Activity: 1960
Merit: 1128
legendary
Activity: 1568
Merit: 1000
I don't understand it much but this looks interesting.

But if you say 1 Lykke = 1 share in the company... what company are u referring to? Can you give more details and proof of this company?

And PROOF that owner of 1 Lykke = 1 share of this company?

The question you ask is basically what enforces that 100 LKK = 1 Lykke Corp share.

The answer is legally nothing, at least right now and that's because of current regulations.

You will have to trust Lykke that they will abide to this agreement. As its site mentions, they could release these shares the old way as regular companies do to make it "official" but the whole philosophy of Lykke is that regulators and companies should meet halfway. I'm sure being located at Switzerland definitely helps and if you've been following some news lately there's a strong momentum going in terms of recognizing digital companies and organizations.

Here is a lot more info if you want to dig in: https://www.lykke.com/Lykke_Corp_Placement_Memorandum.pdf
legendary
Activity: 1568
Merit: 1000
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

As tempus explained Lykke current focus is a little different to Melonport. As far as I understand Melonport is creating a protocol that can be used to build tools for managing funds and tradeable assets. Kinda like Gnosis would be the base layer of prediction markets from where a company/site like Bet365 could be built on top on.

Lykke does not aim to be only "just an exchange" though, there are many plans for the future, including offering your own company stocks, create custom trading instruments and many other exciting ideas.

You may check out this Lykke Accelerator overview where more info about turn-key services are discussed:

https://www.lykke.com/company/news/lykke_accelerator
legendary
Activity: 1960
Merit: 1128
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

I don't know much about Melonport but it's a different use case, an asset manager. And the technology is very different of course. Lykke is a semi-decentralized exchange built on the Bitcoin-Blockchain, Melonport is a smart contract on the Ethereum-Blockchain.

There are also differences between LKK and Melonports token MLN:

LKK represent ownership of Lykke (but nobody needs to buy Lykke-shares to use the platform)
MLN is not about ownership but represent usage-right (one has to buy MLN to use it)

There may be some similarities and most likely it's theoretically possible to do similar use cases on Lykke but on the other hand, Melonport won't be an exchange like Lykke.

member
Activity: 82
Merit: 10
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalksearch.org/topic/melonport-mln-blockchain-software-for-asset-management-1763204), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?
legendary
Activity: 1960
Merit: 1128
I don't understand it much but this looks interesting.

But if you say 1 Lykke = 1 share in the company... what company are u referring to? Can you give more details and proof of this company?

And PROOF that owner of 1 Lykke = 1 share of this company?

It's not 1 LKK = 1 share but 100 LKK = 1 share.

And the company is Lykke Corp - this project.

Proof that Lykke is a registered company can be found here:


"Lykke Corp (Lykke AG) is a registered FinTech company incorporated in 2013 as a private limited company in Switzerland (Registration No.CHE-345.258.499).

Lykke Corp was founded by Richard Olsen and received initial seed funding in 2015. Shares of Lykke are registered on the blockchain:
https://www.coinprism.info/asset/AXkedGbAH1XGDpAypVzA5eyjegX4FaCnvM (...) "




More infos and details: http://lykke.world

FAQ: https://www.lykke.com/city/faq
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