Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 80. (Read 144627 times)

http://coinmarketcap.com/currencies/lykke/

Available supply: 30 million

Total Supply: 1,285,690,000 LKK

so where are the rest of the 1, 255, 690, 000 LKK?

Another surprising (for me as well btw) news:


ChronoBank partners with Lykke

The time-based cryptocurrency project has partnered with a well-known blockchain trading company to provide fast and user-friendly exchange services.
ChronoBank, a blockchain-based initiative aimed at disrupting the short-term recruitment sector, has announced a partnership with mobile wallet and trading enterprise Lykke — allowing users to trade ChronoBank’s tokens for other currencies frictionlessly.

(...)

https://blog.chronobank.io/chronobank-partners-with-lykke-c849ffee3ad9#.ynhff4i1k

Good news and also a lot of media-echo:


WISekey and Lykke to integrate Cybersecurity into Blockchain Applications

WISeKey International Holding Ltd (WIHN.SW) (“WISeKey”), a leading global cybersecurity company and Lykke Corp (“Lykke”), a Swiss-based digital exchange company announced today during the Davos Internet of Value Blockchain RoundTable a joint agreement to integrate and co-offer their flagship products: the Lykke Wallet and the WISeKey suite of software, APIs, and servers, to secure access to data and devices in the world.

Lykke will integrate the WISeKey identity and security stack into its digital wallets and software, while WISeKey, in addition to its WISWatch and other security devices, will offer a “WISeKey wallet by Lykke” to its customers.

“The combination of these two technologies is very powerful,” says Richard Olsen, CEO of Lykke. “It will give our customers, both individuals and our large enterprise customers, private key protection and management as a built-in part of the Lykke platform. This is very much part of the Lykke vision, and WISeKey is a perfect partner for us.”

Carlos Moreira, CEO of WISeKey, added, “We’re very happy to integrate the Lykke trading ecosystem into our suite of products. This is going to make it easier to buy what you want, use and pay for services as you need them, and transfer money securely without passwords and other insecure forms of identification.”

(...)

https://lykke.com/city/blog/2017-01-19/wisekey

You can think of Lykke-Coins as a Cryptocurrency with all what it offers (potentially also payment), while also representing company-ownership.

So the company is valued at about $64,000,000 currently.

Are there plans for LKK coins to have any utility besides representing equity in the company?

Sorry, probably i've missed Sergey words, but of course i will watch the video.
Thanks for this 

Sergey just said this on Telegram: "web-version is in development now, desktop is planned to come next"

If you would like to learn more about the Wallet/Trading-App, David Siegel has made some good explaining-videos about it:

https://www.youtube.com/channel/UCblIYtAjGs9cWjK2uIhDXVw

downloaded wallet.....learning curve is high tbh, and a desktop wallet would be nice too!

Lykke is the only exchange until now. But yes, it can be transferred to the Coinprism-Wallet: https://www.coinprism.com.

Is LKK tradeable anywhere besides the official exchange?  Can LKK be transferred outside of the official exchange?

Yes


100 Lykke Coins represent 1 share of the company and 100% = 100% of the company. You can find more informations about it here, in Section "E. Capital and Voting Rights":
https://lykke.com/Lykke_Corp_Placement_Memorandum.pdf

Total of shares is: 12,856,900

Overview: https://www.coinprism.info/asset/AXkedGbAH1XGDpAypVzA5eyjegX4FaCnvM/owners



Yes, that is possible. Quote out of the FAQ's:

"Can the value of the coins be diluted?

Yes. At the moment, there are 12,856,900 shares of stock. The company issues new shares on occasion, usually to bring on new investors. Now that the company’s shares are publicly traded, the company will, in the future, set up a voting mechanism for existing coin holders to vote on matters like this. Be sure to see the Shareholder Memorandum for details."
https://lykke.com/city/faq

So the LKK coin represents equity in the Lykke company?

What percentage of equity is represented by all of the LKK coins?

Can more coins be issued to dilute investors?

I'm liking thus exchange. Think I'm gonna get more Lykke Shares!!!

Article about t0 (the Overstock stock-market-platform on Blockchain), but Lykke is also mentioned.

I disagree with the "if-conclusion" -  I would like to strikethrough all until "I foresee (...)" -   but the description of Lykke is not bad:



If T-zero manages to seed an ecosystem of publicly traded digital assets (even if it starts small); then I foresee Lykke, the frictionless global marketplace for digital assets, accelerating its growth. Lykke, an open source platform, has started with frictionless, transparent, immediate settlement of FX, ICOs and cryptocurrencies, but is ready to broaden its assets base (anything digital can be on boarded).
https://dailyfintech.com/2017/01/17/t-zero-sings-love-me-do-to-the-sec-with-its-blockchain-series-a-preferred-shares/

It will all come, also margin-trading and much more.

Roadmap:

* Margin trading 
* Regulated retail FX 
* Offchain settlement scalable to 100’000+ transactions per second 
* Ethereum support: multisig wallets, interblockchain atomic swaps 
* Payment system provider 
* Regulated institutional FX 
* Fixed income products, commodities 
* 1 billion USD average daily volume

How come you can only make market orders and not limit?

Maybe you'll not like this then: You would still need the App since both will be connected and the private key will stay on phone.


If you should be concerned about security:



By Mihail Nikulin, Lykke co-founder and CTO

Lykke is a semi-centralized exchange. This means that the exchange does not take possession of the traded coins (Ethereum tokens, Ethers, Bitcoins or colored coins), but needs to be trusted to match trades correctly. Lykke has a centralized matching engine and decentralized coins settlement. Matched trades are settled on the blockchain in the atomic way. Each atomic transaction must be signed by both parites and the exchange. Still to be able to trade, one should deposit his coins to Lykke exchange. Depositing coins is not equal to trusting coins. How can it be? Lykke uses multisignatures mechanism to hold client's funds. Lykke exchange can not spend any coins without a client's private key. Even if the exchange is compromised and the Lykke key is stolen, the client will not lose his coins. The second key is required to spend deposited coins. Lykke exchange also provides a refund mechanism to guarantee funds recovery in case of emergency.

(...)

https://lykke.com/city/blog/2016-09-30/lykke_integrates_ethereum


It's also possible to write down the 12 seed words while being in offline-modus and under "private" one can add cold-wallets.

Thanks to hear that, I want to buy lykke with my computer, not my phone, i am waiting for the release

Lykke starts on mobile to give easy access for everyone and everywhere. But there is also a web-trading-terminal (browser-application) in development. Release is expected for end of Q1.

Don't you feel uncosy to use mobile app only? Actually I like PC version charts and trading view. Oanda has PC version but why lykke has no PC site?