We've created a #lykke channel on Freenode IRC for community discussion. Please join us.
tempus, any chance we could get this chan added to the main post? I'm happy to hand over ownership as well, I just want to build some community and there is no slack channel so this is the next best thing.
Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 63. (Read 144610 times)
Some retweets would be nice!
Summer #internship in #Zurich in #lykke #research team http://bit.ly/2nQeuXO ! We will cover travel&accomodation costs #finance #blockchain
https://twitter.com/LykkeCity/status/845310020543762432
how would one go about locking up the 365 day trigger for lyk1y?
Just updated the lykke app I see how to now.
Great!
I couldn't help that much right now because I still run the test-version and it's different. how would one go about locking up the 365 day trigger for lyk1y?
Just updated the lykke app I see how to now.
Nice to see LKK price reflecting the potential and awesome work they've done so far, Lykke is definitely one of the most undervalued and underhyped project in the industry. Seeing some obscene marketcaps lately like ETC, MAID, PVIX (WTF...like, seriously...) I can't believe Lykke is around 50 million considering total supply.
Considering only available supply Lykke ranks Number 100 at the moment at coinmarketcap.com...
Considering only available supply Lykke ranks Number 100 at the moment at coinmarketcap.com...
Lykke is actually worth around 65 million if you add in the rest of the shares that are owned by the company.
You're correct, that's the actual marketcap, although there are plenty of projects listed that don't reflect that, Ripple, Storj, Maid, Sngls, Lbry, etc.
It's odd because they are mixing not yet mined coins with premine or company shares, it's just not the same thing. In terms of available supply alone Lykke is actually number 100 and that's just crazy.
how would one go about locking up the 365 day trigger for lyk1y?
Nice to see LKK price reflecting the potential and awesome work they've done so far, Lykke is definitely one of the most undervalued and underhyped project in the industry. Seeing some obscene marketcaps lately like ETC, MAID, PVIX (WTF...like, seriously...) I can't believe Lykke is around 50 million considering total supply.
Considering only available supply Lykke ranks Number 100 at the moment at coinmarketcap.com...
Considering only available supply Lykke ranks Number 100 at the moment at coinmarketcap.com...
Lykke is actually worth around 65 million if you add in the rest of the shares that are owned by the company.
Hi Tempus,
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
Hi DJ53!
I'm not totally sure tbh and most likely it would depend on the situation. Right now I believe they'll stick to the Core-Chain. But as far as I know, technically both chains would be possible to use for colored-coins.
Lykke tweeted this yesterday:
Lykke Exchange supports the Hard Fork Contingency Plan @coindesk
http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
https://twitter.com/LykkeCity/status/842978281494384640
Btw, somebody asked the same question today on Slack and once I know more I'll post it.
Regarding Ethereum: It's also something I would have to ask. Longterm it's possible how I believe, most likely especially if Lykke should list an ICO of an Ethereum-project for example.
Hi Tempus, thanks for the good work you are doing communicating the plans.
Thank you!
Quote
I can see the Lykke1Y has now started trading and is already up
Yes, it's also possible to lock it up now (365 day trigger).
Regarding your question about Bitcoin: Most likely they will publish a statement about the "if-hard-fork-situation".
Hi Tempus,
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
Hi DJ53!
I'm not totally sure tbh and most likely it would depend on the situation. Right now I believe they'll stick to the Core-Chain. But as far as I know, technically both chains would be possible to use for colored-coins.
Lykke tweeted this yesterday:
Lykke Exchange supports the Hard Fork Contingency Plan @coindesk
http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
https://twitter.com/LykkeCity/status/842978281494384640
Btw, somebody asked the same question today on Slack and once I know more I'll post it.
Regarding Ethereum: It's also something I would have to ask. Longterm it's possible how I believe, most likely especially if Lykke should list an ICO of an Ethereum-project for example.
Hi Tempus, thanks for the good work you are doing communicating the plans.
I can see the Lykke1Y has now started trading and is already up
Nice to see LKK price reflecting the potential and awesome work they've done so far, Lykke is definitely one of the most undervalued and underhyped project in the industry. Seeing some obscene marketcaps lately like ETC, MAID, PVIX (WTF...like, seriously...) I can't believe Lykke is around 50 million considering total supply.
Considering only available supply Lykke ranks Number 100 at the moment at coinmarketcap.com...
Considering only available supply Lykke ranks Number 100 at the moment at coinmarketcap.com...
These guys are the real deal!
Thanks for your answer @tempus
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
No, the total supply doesn't change. That are LKK/shares of the company-treasury. The reason why the price of LKK is a little bit lower since the LKK1Y-sale is more because some sold LKK to buy into LKK1Y and most likely also because Bitcoin hyped during that time. But it's only about 2-4%.
According to the investor deck, the founder and team members own 64% of shares, the Lykke Corporation treasury owns 10%, seed investors own 22%, and ICO and post-ICO investors own 4%. This sale involves another 4%, though it is not clear out of whose portion they are taken. Its actually around 8%
Total supply is 1,285,690,000 Lykke-Coins
The ICO of Sept/Oct was about 30,000,000 LKK --> 2.3%
The forward-contract-crowdfunding was for 50,000,000 LKK --> 3.88%
All together, if the forward-contract already would be counted as usual LKK, that would be 6.22% of the total supply.
Btw, they'll publish an updated financial report in april.
Thanks for your answer @tempus
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
No, the total supply doesn't change. That are LKK/shares of the company-treasury. The reason why the price of LKK is a little bit lower since the LKK1Y-sale is more because some sold LKK to buy into LKK1Y and most likely also because Bitcoin hyped during that time. But it's only about 2-4%.
According to the investor deck, the founder and team members own 64% of shares, the Lykke Corporation treasury owns 10%, seed investors own 22%, and ICO and post-ICO investors own 4%. This sale involves another 4%, though it is not clear out of whose portion they are taken. Its actually around 8%
Thanks for your answer @tempus
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
No, the total supply doesn't change. That are LKK/shares of the company-treasury. The reason why the price of LKK is a little bit lower since the LKK1Y-sale is more because some sold LKK to buy into LKK1Y and most likely also because Bitcoin hyped during that time. But it's only about 2-4%.
Thanks for your answer @tempus
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
Something I don't understand about LKK1Y,
Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?
If yes:
100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?
Hi Tempus,
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
Hi DJ53!
I'm not totally sure tbh and most likely it would depend on the situation. Right now I believe they'll stick to the Core-Chain. But as far as I know, technically both chains would be possible to use for colored-coins.
Lykke tweeted this yesterday:
Lykke Exchange supports the Hard Fork Contingency Plan @coindesk
http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
https://twitter.com/LykkeCity/status/842978281494384640
Btw, somebody asked the same question today on Slack and once I know more I'll post it.
Regarding Ethereum: It's also something I would have to ask. Longterm it's possible how I believe, most likely especially if Lykke should list an ICO of an Ethereum-project for example.
Hi Tempus,
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
@tempus
Yes it's solved, thanks very much
, I'll take this occasion to ask a few questions about Lykke:
What are currently, the steps to trade / withdraw / deposit EUR or USD to the lykke wallet ?
I don't really understand the concept of colored coin, what does it mean ??
Do you plan on launching a desktop / web platform in addition to the mobile app ? It could accelerate a lot the usage of lykke exchange ...
EDIT: on the app, I see there's LKK and LKK1Y coins, what do LKK1Y represent ??
That's al for now, thanks for your time
Yes it's solved, thanks very much
, I'll take this occasion to ask a few questions about Lykke:What are currently, the steps to trade / withdraw / deposit EUR or USD to the lykke wallet ?
I don't really understand the concept of colored coin, what does it mean ??
Do you plan on launching a desktop / web platform in addition to the mobile app ? It could accelerate a lot the usage of lykke exchange ...
EDIT: on the app, I see there's LKK and LKK1Y coins, what do LKK1Y represent ??
That's al for now, thanks for your time
The LKK1Y represents you buying lykke shares at 20% off if you hold the contract for one year. If you choose not to you can sell them back to the market. But if you do hold them you get 20% discount after the year is over the shares are released into your account. As for colored coins I believe they are bitcoin that turn different colors based on the contract you go into. If you want to sell a house the color of the coin might be one color. If you want to start a business it might be another colored coin. I am not sure exactly how it works but I do know a lot more can be done with a colored coin they a regular bitcoin.
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