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Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 74. (Read 144610 times)

legendary
Activity: 1960
Merit: 1128
tempus, can you confirm that these 50m coins are not new issues and are instead coming out of the company's own longstanding LKK holdings?

Yes! The company sells shares that already exist - the total supply doesn't increase.

tempus, I know you are a reliable investor and user here since we used to exchange some messages about Factom for example. I bought some LKK at the previous ICO but sold right after when BTC rally started last year.

Now, honestly from what I remember there would be like +1 billion coins, so that's 10 million "shares" right? Taking in account 100 coins represent 1 share. So I have a couple of questions here...keep in mind that would not be the absolute total supply, I've read somewhere they will create more shares like any other companies do when they expand.

1) Why the need for such complicated system, just make a simple pair, 1 coin, 1 share? Excuse me my ignorance if this relates to something in particular.
2) The value of 1 share for Lykke equals 5 dollars right now basically then (this didn't move much since the ICO), that would make the actual marketcap for Lykke around 50 millions dollars right now? It's a little overvalued in my opinion but not outrageous considering the potential it has, however that will put it in the top 10 crypto projects.

Hi mtnsaa!

Yes, the Bitcoin-rise pushed also LKK a little bit down in between. I even expected Bitcoin to rise but decided not to sell because it never feels safe with all the blocksize-drama-war and China etc. I also didn't sell FCT.

But, to your questions:

Total supply is 1,285,690,000 Lykke Coin = 12,856,900 LKK shares, so it's even a little bit more. Total value is about $63 million.

Will ne Coins/Shares be issued in the future? Theoretically that is possible and back in September or October I've talked with Richard Olsen about that and he explained how it's usually done in companies. But some weeks ago (January) the same question was asked on Telegram and Sergey replied that there are no plans to issue new shares.

Just found the comment on telegram.
Quoting Sergey Ivliev: "there is no plans to increase number of shares of Lykke Corp, hence no "inflation" for Lykke coins"


1) I'm not totally sure why they've chosen the "100 LKK = 1 share - design", but I believe it's to make it also useful as currency including the possibility for micro-transactions. Lykke won't be only about being a trading-platform but will also focus on payment etc. (Debit Card is also planned). And one can think of Lykke-Coins as a useful Crypto-Currency while being backed because it represents ownership.

2) Like said above, the value is even a little bit higher. And that's often somehow controversial and I thought a lot about it myself before I've decided to invest. It's also kind of subjective and about the own strategy, but my view on Lykke is that while they are not loud like some others when it's about marketing, they really push the project forward. And compared with some other projects and teams behind, I believe the value is fair, even more when it's about future potential. If Lykke should be successful, and right now I don't see reasons to believe it won't be, there is not really a limit how it can grow into multiple spaces.



What is interesting, because you've also mentioned Factom: I believe to see some similarities but also very interesting differences. Similar is that both teams really focus on delivery. Both teams move step by step while avoiding "hype-on-promise". But in comparison to Factom, what always will be a "background-system" (but with high potential in my opinion) Lykke has much more potential to be attractive for potentially everybody and a lot of different use cases. I really believe that Lykke can go viral out of itself, maybe already in 2017.


And if we compare Lykke and Ripple for example: XRP, as a currency, is valued at $232,637,449 right now. I've never understood that valuation because even if a decentralized system, the whole project is pretty much centralized. XRP is under the line just a system-currency and unlike to LKK it doesn't represent ownership of the Ripple-Company.

Or if compared with some of the projects with similar goals, like Waves: $25 million marketcap right now. That's much cheaper of course, but Lykke is far ahead and especially the people behind are simply on another level.

And if we compare it to Factom: It's a shame that Factom is not already valued much higher! ;-) But I expect it to fly in 2017.


That's of course my personal view and no investment is ever totally safe or predictable. But in my opinion this is one of a very few pearls in the Blockchain/Crypto-Space while I'm very sure that about 99% will have no real chance. It needs so much expertise in a lot of different areas to get a project on a road to success - I think, that's underrated by a lot of teams and also a majority of Investors. 

Best regards,
tempus

Thank you very much for such detailed explanation, well I invested in Iconomi ICO (and bought some more at 16k), luckily I took profit at the peak and sold all since I didn't considered it a long term investment, so I'm looking to actually commit to Lykke (I just had to sell during the ICO because BTC was about to blow, I was right!).

Anyway, I agree with you, the 100=1 ratio must be because LKK will also act as some form of currency and maybe that will bring some kind of stability to it. You can see how projects with more than 1 billion coins are much more stable (Ripple, Sia, Digibyte, Doge, lol).

I mentioned Iconomi because I'm afraid regulation will crush it and Lykke seems to have a very clear roadplan in the future and are based in Switzerland which is crypto paradise. I'm also looking for dividends pay tokens as you mentioned for long term too and while I can see a bright future in Ethereum, many of the current tokens are to underdeveloped right now and seem like a long shot and years away (Augur, Iconomi, First Blood, Maker Dao, upcoming MelonPort and Gnosis). Lykke is already working and the app is beautiful indeed.

The idea is also brilliant and will actually use btc blockchain for settlement which is to me one of the most important use cases (not being a currency or "storage of wealth" nonsense).

Yes, I absolutely agree. And speaking of similarities between Factom and Lykke I forgot to mention the point you speak about. Both use the Bitcoin-Blockchain as a base. Both are in a way complementary to Bitcoin that they can even be seen as helpful for some of Bitcoins problems. Scaling of course but also transaction-speed for example. And even more important: Both stay independent at the same time, can and will utilize also other Blockchains.

And it's kind of a fun fact that there are some Bitcoin-Maximalists out there who believe Bitcoin should be the only Blockchain and BTC the only currency and all projects with an own token should just die. They don't get, that exactly this design is a continuation of Bitcoin itself.

I believe that there will be "many" Blockchains and Cryptocurrencies in future that are connected, some will be more adopted and accepted than others, but the whole system together will be unbeatable. And a project like Lykke, without own Blockchain but utilizing all Blockchains that are relevant, will act like a revolving door in Crypto and beyond and into multiple economical use cases and spaces.

Others will do that as well of course and it will also be about competition. But this whole space is so young and there nearly endless room to grow, that it's a safe bet that quality will push through.

Btw, because in the end it's about the question if a project is a good investment or not: My own investment-strategy is also about the context, about the established system and what I believe is likely to happen (banking and currency crises "everywhere", especially in the EU). I focus on those projects I believe to be able to connect and grow into established use cases but also benefit of a possible downfall. And that's also best seen in Factom and Lykke, since both projects have a changing effect on the established system and both are likely to benefit from crises (others as well of course). But if we think especially about a currency crisis (Banks in the Eurozone and Euro itself could break) - what will people try and do? It will be about getting rid of the Fiat-currency, as fast as possible, and into something that is seen as safe haven. And Lykke offers exactly that. It is and gives choice.


Long story short: Projects like Lykke and Factom (and some others) just have to move on. Richard Olsen often says "go with the flow" and I believe that is really key. There is a dynamic for such projects. When we will look back in some years it' very likely in my opinion that we will say: "Timing couldn't have been better!". ;-)
legendary
Activity: 1568
Merit: 1000
tempus, can you confirm that these 50m coins are not new issues and are instead coming out of the company's own longstanding LKK holdings?

Yes! The company sells shares that already exist - the total supply doesn't increase.

tempus, I know you are a reliable investor and user here since we used to exchange some messages about Factom for example. I bought some LKK at the previous ICO but sold right after when BTC rally started last year.

Now, honestly from what I remember there would be like +1 billion coins, so that's 10 million "shares" right? Taking in account 100 coins represent 1 share. So I have a couple of questions here...keep in mind that would not be the absolute total supply, I've read somewhere they will create more shares like any other companies do when they expand.

1) Why the need for such complicated system, just make a simple pair, 1 coin, 1 share? Excuse me my ignorance if this relates to something in particular.
2) The value of 1 share for Lykke equals 5 dollars right now basically then (this didn't move much since the ICO), that would make the actual marketcap for Lykke around 50 millions dollars right now? It's a little overvalued in my opinion but not outrageous considering the potential it has, however that will put it in the top 10 crypto projects.

Hi mtnsaa!

Yes, the Bitcoin-rise pushed also LKK a little bit down in between. I even expected Bitcoin to rise but decided not to sell because it never feels safe with all the blocksize-drama-war and China etc. I also didn't sell FCT.

But, to your questions:

Total supply is 1,285,690,000 Lykke Coin = 12,856,900 LKK shares, so it's even a little bit more. Total value is about $63 million.

Will ne Coins/Shares be issued in the future? Theoretically that is possible and back in September or October I've talked with Richard Olsen about that and he explained how it's usually done in companies. But some weeks ago (January) the same question was asked on Telegram and Sergey replied that there are no plans to issue new shares.

Just found the comment on telegram.
Quoting Sergey Ivliev: "there is no plans to increase number of shares of Lykke Corp, hence no "inflation" for Lykke coins"


1) I'm not totally sure why they've chosen the "100 LKK = 1 share - design", but I believe it's to make it also useful as currency including the possibility for micro-transactions. Lykke won't be only about being a trading-platform but will also focus on payment etc. (Debit Card is also planned). And one can think of Lykke-Coins as a useful Crypto-Currency while being backed because it represents ownership.

2) Like said above, the value is even a little bit higher. And that's often somehow controversial and I thought a lot about it myself before I've decided to invest. It's also kind of subjective and about the own strategy, but my view on Lykke is that while they are not loud like some others when it's about marketing, they really push the project forward. And compared with some other projects and teams behind, I believe the value is fair, even more when it's about future potential. If Lykke should be successful, and right now I don't see reasons to believe it won't be, there is not really a limit how it can grow into multiple spaces.



What is interesting, because you've also mentioned Factom: I believe to see some similarities but also very interesting differences. Similar is that both teams really focus on delivery. Both teams move step by step while avoiding "hype-on-promise". But in comparison to Factom, what always will be a "background-system" (but with high potential in my opinion) Lykke has much more potential to be attractive for potentially everybody and a lot of different use cases. I really believe that Lykke can go viral out of itself, maybe already in 2017.


And if we compare Lykke and Ripple for example: XRP, as a currency, is valued at $232,637,449 right now. I've never understood that valuation because even if a decentralized system, the whole project is pretty much centralized. XRP is under the line just a system-currency and unlike to LKK it doesn't represent ownership of the Ripple-Company.

Or if compared with some of the projects with similar goals, like Waves: $25 million marketcap right now. That's much cheaper of course, but Lykke is far ahead and especially the people behind are simply on another level.

And if we compare it to Factom: It's a shame that Factom is not already valued much higher! ;-) But I expect it to fly in 2017.


That's of course my personal view and no investment is ever totally safe or predictable. But in my opinion this is one of a very few pearls in the Blockchain/Crypto-Space while I'm very sure that about 99% will have no real chance. It needs so much expertise in a lot of different areas to get a project on a road to success - I think, that's underrated by a lot of teams and also a majority of Investors. 

Best regards,
tempus

Thank you very much for such detailed explanation, well I invested in Iconomi ICO (and bought some more at 16k), luckily I took profit at the peak and sold all since I didn't considered it a long term investment, so I'm looking to actually commit to Lykke (I just had to sell during the ICO because BTC was about to blow, I was right!).

Anyway, I agree with you, the 100=1 ratio must be because LKK will also act as some form of currency and maybe that will bring some kind of stability to it. You can see how projects with more than 1 billion coins are much more stable (Ripple, Sia, Digibyte, Doge, lol).

I mentioned Iconomi because I'm afraid regulation will crush it and Lykke seems to have a very clear roadplan in the future and are based in Switzerland which is crypto paradise. I'm also looking for dividends pay tokens as you mentioned for long term too and while I can see a bright future in Ethereum, many of the current tokens are to underdeveloped right now and seem like a long shot and years away (Augur, Iconomi, First Blood, Maker Dao, upcoming MelonPort and Gnosis). Lykke is already working and the app is beautiful indeed.

The idea is also brilliant and will actually use btc blockchain for settlement which is to me one of the most important use cases (not being a currency or "storage of wealth" nonsense).
legendary
Activity: 1960
Merit: 1128
tempus, can you confirm that these 50m coins are not new issues and are instead coming out of the company's own longstanding LKK holdings?

Yes! The company sells shares that already exist - the total supply doesn't increase.

tempus, I know you are a reliable investor and user here since we used to exchange some messages about Factom for example. I bought some LKK at the previous ICO but sold right after when BTC rally started last year.

Now, honestly from what I remember there would be like +1 billion coins, so that's 10 million "shares" right? Taking in account 100 coins represent 1 share. So I have a couple of questions here...keep in mind that would not be the absolute total supply, I've read somewhere they will create more shares like any other companies do when they expand.

1) Why the need for such complicated system, just make a simple pair, 1 coin, 1 share? Excuse me my ignorance if this relates to something in particular.
2) The value of 1 share for Lykke equals 5 dollars right now basically then (this didn't move much since the ICO), that would make the actual marketcap for Lykke around 50 millions dollars right now? It's a little overvalued in my opinion but not outrageous considering the potential it has, however that will put it in the top 10 crypto projects.

Hi mtnsaa!

Yes, the Bitcoin-rise pushed also LKK a little bit down in between. I even expected Bitcoin to rise but decided not to sell because it never feels safe with all the blocksize-drama-war and China etc. I also didn't sell FCT.

But, to your questions:

Total supply is 1,285,690,000 Lykke Coin = 12,856,900 LKK shares, so it's even a little bit more. Total value is about $63 million.

Will ne Coins/Shares be issued in the future? Theoretically that is possible and back in September or October I've talked with Richard Olsen about that and he explained how it's usually done in companies. But some weeks ago (January) the same question was asked on Telegram and Sergey replied that there are no plans to issue new shares.

Just found the comment on telegram.
Quoting Sergey Ivliev: "there is no plans to increase number of shares of Lykke Corp, hence no "inflation" for Lykke coins"


1) I'm not totally sure why they've chosen the "100 LKK = 1 share - design", but I believe it's to make it also useful as currency including the possibility for micro-transactions. Lykke won't be only about being a trading-platform but will also focus on payment etc. (Debit Card is also planned). And one can think of Lykke-Coins as a useful Crypto-Currency while being backed because it represents ownership.

2) Like said above, the value is even a little bit higher. And that's often somehow controversial and I thought a lot about it myself before I've decided to invest. It's also kind of subjective and about the own strategy, but my view on Lykke is that while they are not loud like some others when it's about marketing, they really push the project forward. And compared with some other projects and teams behind, I believe the value is fair, even more when it's about future potential. If Lykke should be successful, and right now I don't see reasons to believe it won't be, there is not really a limit how it can grow into multiple spaces.



What is interesting, because you've also mentioned Factom: I believe to see some similarities but also very interesting differences. Similar is that both teams really focus on delivery. Both teams move step by step while avoiding "hype-on-promise". But in comparison to Factom, what always will be a "background-system" (but with high potential in my opinion) Lykke has much more potential to be attractive for potentially everybody and a lot of different use cases. I really believe that Lykke can go viral out of itself, maybe already in 2017.


And if we compare Lykke and Ripple for example: XRP, as a currency, is valued at $232,637,449 right now. I've never understood that valuation because even if a decentralized system, the whole project is pretty much centralized. XRP is under the line just a system-currency and unlike to LKK it doesn't represent ownership of the Ripple-Company.

Or if compared with some of the projects with similar goals, like Waves: $25 million marketcap right now. That's much cheaper of course, but Lykke is far ahead and especially the people behind are simply on another level.

And if we compare it to Factom: It's a shame that Factom is not already valued much higher! ;-) But I expect it to fly in 2017.


That's of course my personal view and no investment is ever totally safe or predictable. But in my opinion this is one of a very few pearls in the Blockchain/Crypto-Space while I'm very sure that about 99% will have no real chance. It needs so much expertise in a lot of different areas to get a project on a road to success - I think, that's underrated by a lot of teams and also a majority of Investors. 

Best regards,
tempus
legendary
Activity: 1568
Merit: 1000
tempus, can you confirm that these 50m coins are not new issues and are instead coming out of the company's own longstanding LKK holdings?

Yes! The company sells shares that already exist - the total supply doesn't increase.

tempus, I know you are a reliable investor and user here since we used to exchange some messages about Factom for example. I bought some LKK at the previous ICO but sold right after when BTC rally started last year.

Now, honestly from what I remember there would be like +1 billion coins, so that's 10 million "shares" right? Taking in account 100 coins represent 1 share. So I have a couple of questions here...keep in mind that would not be the absolute total supply, I've read somewhere they will create more shares like any other companies do when they expand.

1) Why the need for such complicated system, just make a simple pair, 1 coin, 1 share? Excuse me my ignorance if this relates to something in particular.
2) The value of 1 share for Lykke equals 5 dollars right now basically then (this didn't move much since the ICO), that would make the actual marketcap for Lykke around 50 millions dollars right now? It's a little overvalued in my opinion but not outrageous considering the potential it has, however that will put it in the top 10 crypto projects.
legendary
Activity: 1960
Merit: 1128
https://www.youtube.com/watch?v=1-vk68j7Lsw&feature=youtu.be fixed audio. more videos this week as i edit everything.

Thanks! I'll edit it into the Ann!
legendary
Activity: 1960
Merit: 1128
member
Activity: 63
Merit: 10
A black swan is an event or occurrence that deviates beyond what is normally expected of a situation and is extremely difficult to predict

legendary
Activity: 1960
Merit: 1128
OP said that 100 LYKKE is entitled to 1 share.
The question is: how can I benefits this 1 share?

They will distribute the dividends to shareholders, but this token is not very legal, because shares can't be existed in token/coin form. Therefore it is still in grey area, they can refuse to pay ua the dividends.

It is legal and Lykke is also not the only company that gives out shares on the blockchain and makes it possible to exchange shares over the blockchain and you'll see that it will be common in future to do that. The ownership is more direct and faster as if you buy shares how it's still typical yet.

Regarding dividends: Shareholders have voting rights. At the same time: The Lykke-team and the company has a majority of shares, so it would be theoretically possible to vote how they want it and it would be legal. But: It also wouldn't be smart to ignore the opinions of the community-shareholders. Lykke will pay dividends once the company is stable running and profitable and once it's not necessary to re-invest profits into Lykke itself.

There is no conflict of interest between Lykke as a company and those who run it and the community-shareholders. What's best for Lykke is best for everybody. And those who run Lykke at the "top", the people who make the decision  (like Richard Olsen and Sergey Ivliev but also others of course) how to build the platform, how to invest money etc., are very open for all kinds of feedback and they will always include public opinions, suggestions and critique in their decisions because they know it's the smartest way to bring Lykke to success.
hero member
Activity: 588
Merit: 501
OP said that 100 LYKKE is entitled to 1 share.
The question is: how can I benefits this 1 share?

They will distribute the dividends to shareholders, but this token is not very legal, because shares can't be existed in token/coin form. Therefore it is still in grey area, they can refuse to pay ua the dividends.
member
Activity: 63
Merit: 10
Share price of a company increases with different valuations of said company. That's where lykee will increase in value.

Lykee is going to be the future of all markets. It is going to be like dow Jones on steroids.

Northern and eastern Europe are taking over the crypto fintech industry. Regulation in countries like switzerland are very forgiving to crypto companies. The Swiss attitude on banking and fintech can be seen with the history of Swiss banking and regulation. America and china are 10 years behind in the regulation of crypto. Swiss is way way ahead. They understand where finance is going. Swiss is already the head of finance when it comes to upper echelon banking. The Swiss goverment is very progressive in terms of fintech. It's where crypto valley exist. If a project doesn't have its home office in swiss.. well it's going to have massive regulatory hurdles. So many ICO of 2016 with this issue. Silent about it.  Your top projects are all trying to get space in crypto valley to jump the regulatory hurdles.

Lykee plans to settle assets from commoditys, bonds, stocks, currency and crypto. This project is huge, and will spread like cancer. They have now luanched the lykee start up program as well. Back end devlopment is put first instead of hype. This shows true responsibility in the business attitude of lykee. No hype here. Lykee is going to be a black Swan event that fundamentally bridges crypto AND the legacy fintech industry. This needs to happen if crypto is to fully realize its dream. Richard Olsen gets it. Everyone speaks of bitcoin full potential... but it's stuck. The way to bring bitcoin to its full potential is tie new systems into the already existing bitcoin block chain and infrastructure.

There is massive investment in lykee and very important European  Fintech names interested. All the nonsense here comparing lykee to these shitty ICO prjoects is a joke. Asking for millions... and then realizing that your idea cantt even be legally tackled... ICN is having big internal issues with that, along with many others.

It's a joke. The SEC in America and it's over regulated authority that supports only the upper echelon is on a dead leg. If America does not stand up and change its ways it will not be the future of fintech markets. GDP is not the only thing you need to be the leading market place.

Lykess team is not just about experience, it's about the massive connections they have, and the products and contributions team members have already built.  People who understand the system of money, how it moves and where.  There Is much more to launching crypto products then just being able to code and having good ideas.  To many projects are filled with genius network architecture's, computer engineers, and coders.  But have No idea how to run, market and scale a business for world wild adoption.  There is a reason the guys at the cop of many Tech industries are not coders or computer engineers.

When lykess desktop trading platforms come out, it will be a game changer as well. As long as other European companies looking into offering shares in the form of colored coins. This is already heavily being discussed.

This will make dow Jones look like child's play and brokers like td ameritrade and fidelity look like that shitty yo bit exchange.

Everyone hated on bitcoin and doubted it's use, tons of hate and lack of understanding of lykee and it's use.

The same sentiment was around with the internet. If you can't wrap your mind on instant settlement of all assets from a bonds to stocks to crypto and back then you need to research the existing fintech industry and it's dynamic move foward.  All my forex buddies and swing traders can't wait for lykee desktop and the future of instant settlement of your cash... game changer

Goal of 1.billion in volume by q1 2018
sr. member
Activity: 1316
Merit: 356
OP said that 100 LYKKE is entitled to 1 share.
The question is: how can I benefits this 1 share?
legendary
Activity: 1960
Merit: 1128
tempus, can you confirm that these 50m coins are not new issues and are instead coming out of the company's own longstanding LKK holdings?

Yes! The company sells shares that already exist - the total supply doesn't increase.
legendary
Activity: 1372
Merit: 1000
tempus, can you confirm that these 50m coins are not new issues and are instead coming out of the company's own longstanding LKK holdings?
hero member
Activity: 882
Merit: 548
   Lykke celebrates a Jewish tree planting holiday announcing a new eco coin. HCP on Lykke Exchange soon! http://tree-volution.com
   https://twitter.com/LykkeCity/status/830113315787530242
 
                 
legendary
Activity: 1960
Merit: 1128
Kind of funny is, that some are critical that the supply is not already more distributed and others are critical about it when there is more on the free market. ;-)

There's nothing funny about being diluted out of an investment.

First of all: That are no new issued shares! They already exist.

But please tell me what would be the best-case-scenario in your opinion.

Why I ask is this:

Lykke is a really huge project and a company which employs about 30 people (I'm not even sure about the exact number). And we are not talking about Script-Kiddies here or Crypto-Guys like me but about people with huge expertise in a lot of different areas (the tech, finance, risk management, etc.). Additionally: Lykke has costs because the goal is to get licenses everywhere and that's not cheap.

That said: Out of your own perspective as a shareholder it would not only be paradox but under the line simply not rational, if you would want them to stop all that because no new shares should reach the market.

But, my question was serious. I would like to know what you (or others) believe would be best.

It should be considered that this is no "shitcoin" or "take-the-ICO-Money-and-run-Project" or one of those projects that would be good if they wouldn't be so damn unprofessional on the business side.
legendary
Activity: 1960
Merit: 1128
Who already has downloaded a Lykke-App should have received the current news-letter today.
It gives a good explanation about the offering. I'll copy the given links below:












Fact Sheet

Press Release

Investor Deck

IOS App

Android App

https://forward.lykke.com

Lykke Zurich Talk - Video  


legendary
Activity: 1372
Merit: 1000
Kind of funny is, that some are critical that the supply is not already more distributed and others are critical about it when there is more on the free market. ;-)

There's nothing funny about being diluted out of an investment.
legendary
Activity: 1960
Merit: 1128
Hello op!
  I had already a lykke wallet. How to start here ? And what is the difference between bitcoin wallet address and colored bitcoin address?

If you want to buy into the ICO and you already have downloaded the Lykke-App you just need to go on this site: https://forward.lykke.com and to fill out the form. After that you'll receive a mail from Lykke.

About the difference between Bitcoin and Colored Coins: We all know Bitcoin, right? Colored Coins are fractions of Bitcoin, run on the Bitcoin-Blockchain by the same principle, but they can represent other kinds of values. Lykke-Shares for example or other Crypto-tokens or even tokens that are pegged to Fiat, like "1-Dollar-colored-coin".

If you want to know more about it, here are good explanations:

https://en.bitcoin.it/wiki/Colored_Coins
http://coloredcoins.org/learn/#
legendary
Activity: 1960
Merit: 1128
50,000,000 new coins on the market?  Seriously?

I understand that it's not easy to understand. Important to read is this:

https://forward.lykke.com/files/Fact_sheet_2017.pdf

But even if it's not about more LKK on the market now, it's of course selling LKK-shares as forwards.

Kind of funny is, that some are critical that the supply is not already more distributed and others are critical about it when there is more on the free market. ;-)
legendary
Activity: 1960
Merit: 1128
I think we need legal advisers services on this forum, to help analyses all the products coming to the market, what I understand about this offer is just away to get more money from people and even dilute the value of the Lykke tokens. Most of these tokens been offered to people are just for speculative purposes and not a stake in the company.

The opposite is true. LKK represent company shares. The "1-year Lykke forward-token" represents the same, but as a 1-year-forward-contract at 20% discount. Plus: An Investor is free to pull the trigger to activate it, or to trade it.

But: Both are company-shares.
And: There is also no dilution because no LKK-tokens are new issued.  

Most important: Everybody has the choice if he wants to invest in Lykke or not. That's a simple "basic-fact". And if somebody wants to buy shares, there is also the choice to do it on the market as it is, or to buy into the "1-year Lykke forward-token" at 20% discount. And if somebody decides to do that, he has the additional choice to trade it after the ICO or to trigger the contract.

If you add all that together: Lykke gives a lot of choice here to ensure a win-win-situation and without any disadvantages for anybody.
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