Labrys ICO Postponed - page 6. | Bitcointalksearch.org

Labrys

newbie

Activity: 42

Merit: 0

Quote from: arsenia on November 28, 2017, 03:51:04 AM

Quote from: jameyap32 on November 28, 2017, 03:49:55 AM

I was reading through your picture since I couldn't access your white paper. I think this would be somewhat like an exchange but compared to others, we could access this to our wallet. In regard to the previous messages by some people regarding security, what about our funds? If ever I try to invest on your company, would I have full control on my funds?

Does this mean that we can withdraw our funds anytime also?

Yes it does! Meaning anyone can get access to a known interest return, for any amount, for any length of time and from their own wallet.

Labrys.James

newbie

Activity: 7

Merit: 0

Quote from: estanislao1994 on November 28, 2017, 03:47:57 AM

Will your coin be listed on any exchange? Are you guys in need of translators as of the moment as well?

We are communicating with small, medium and large exchanges to add LAB tokens as soon as the ICO is complete. Will update as soon as we get confirmations. Join our Telegram channel to be sure not to miss any news

tinochan412

newbie

Activity: 42

Merit: 0

Quote from: Labrys.James on November 28, 2017, 03:42:12 AM

Quote from: TheHas on November 28, 2017, 03:20:40 AM

Great project - so in summary, this project aims to allow small time investors to access the bond market of traditional companies, through using their cryptocurrency?

I've noticed a few other fintech/investment type ico's recently, but many focus on investing in other coins. Is your intent to flip it and focus investment more on traditional companies and bonds, but with cryptocurrency (through Labrys tokens) being the method of providing the capital?

Correct, investors of all sizes and from anywhere in the world will be able to fund their wallet with LAB tokens and gain ownership over bonds on offer to start receiving regular interest payments. Further down the development lifecycle, companies will be able to issue smart bonds directly through the Labrys Platform, completely bypassing traditional methods.

Since I am a little investor, would it be possible for me to go on with the big guys? I hope you get what I mean.

arsenia

newbie

Activity: 41

Merit: 0

Quote from: jameyap32 on November 28, 2017, 03:49:55 AM

I was reading through your picture since I couldn't access your white paper. I think this would be somewhat like an exchange but compared to others, we could access this to our wallet. In regard to the previous messages by some people regarding security, what about our funds? If ever I try to invest on your company, would I have full control on my funds?

Does this mean that we can withdraw our funds anytime also?

jameyap32

newbie

Activity: 56

Merit: 0

I was reading through your picture since I couldn't access your white paper. I think this would be somewhat like an exchange but compared to others, we could access this to our wallet. In regard to the previous messages by some people regarding security, what about our funds? If ever I try to invest on your company, would I have full control on my funds?

Labrys

newbie

Activity: 42

Merit: 0

Quote from: estanislao1994 on November 28, 2017, 03:11:01 AM

This would be great actually. However, since your target is to provide revenue for the users or your customers. I'm just curious on how you would earn income and what would be the vision of your company.

We agree it will be great, users will be able to maintain ownership of their crypto while earning guaranteed interest on it. Our business will earn income by taking a small clipping fee from coupon payments initially. However, when issuing smartbonds, we will be able to provide much more competitive rates then traditional brokers as automation through smart contracts significantly reduces cost.

Our vision is to create a new industry standard to act as the backbone of the debt capital market. We know that this world's largest market must move to a blockchain architecture and we want to make it happen.

estanislao1994

member

Activity: 84

Merit: 10

Will your coin be listed on any exchange? Are you guys in need of translators as of the moment as well?

Labrys.James

newbie

Activity: 7

Merit: 0

Quote from: TheHas on November 28, 2017, 03:20:40 AM

Great project - so in summary, this project aims to allow small time investors to access the bond market of traditional companies, through using their cryptocurrency?

I've noticed a few other fintech/investment type ico's recently, but many focus on investing in other coins. Is your intent to flip it and focus investment more on traditional companies and bonds, but with cryptocurrency (through Labrys tokens) being the method of providing the capital?

Correct, investors of all sizes and from anywhere in the world will be able to fund their wallet with LAB tokens and gain ownership over bonds on offer to start receiving regular interest payments. Further down the development lifecycle, companies will be able to issue smart bonds directly through the Labrys Platform, completely bypassing traditional methods.

cunese

member

Activity: 266

Merit: 10

How about the same security? What's the difference between the two COINS of the PPP and the PPT? Is there any technical and creative update?

Labrys

newbie

Activity: 42

Merit: 0

Quote from: estanislao1994 on November 28, 2017, 03:04:55 AM

It's very good that you guys are straight forward on your goal that every person is ofcourse, wanting to earn profit. May I just know would you be providing your own e-wallet? And as an addition, how well is your security? Would you guys be taking effect on 2FA or SMS confirmation?

Yes, we will be releasing our own wallet, the Labrys Wallet, where users can manage their bond portfolio directly. The wallet will be secure with industry standard 2FA and private keys encrypted and stored on users device.

kyanscadiel

full member

Activity: 140

Merit: 100

How about security? Like E-mail verification, Double IP restriction or what so ever, can your investors and/or clients have the assurance that they are secured with your company?

TheHas

full member

Activity: 616

Merit: 167

Great project - so in summary, this project aims to allow small time investors to access the bond market of traditional companies, through using their cryptocurrency?

I've noticed a few other fintech/investment type ico's recently, but many focus on investing in other coins. Is your intent to flip it and focus investment more on traditional companies and bonds, but with cryptocurrency (through Labrys tokens) being the method of providing the capital?

estanislao1994

member

Activity: 84

Merit: 10

This would be great actually. However, since your target is to provide revenue for the users or your customers. I'm just curious on how you would earn income and what would be the vision of your company.

creatine413

newbie

Activity: 49

Merit: 0

I can't seem to access the whitepaper...

tinochan412

newbie

Activity: 42

Merit: 0

Quote from: seanpeabody on November 28, 2017, 03:07:13 AM

From what I understand this would be an exchange site like FOREX and PSE? Would you guys have an escrow for your company?

I think that most foreign exchange sites have an escrow. I just want to know how much would it be for an investment? Would there be a liquidity pool as well for the dividends of each investor?

seanpeabody

member

Activity: 98

Merit: 10

From what I understand this would be an exchange site like FOREX and PSE? Would you guys have an escrow for your company?

mpet5000

newbie

Activity: 42

Merit: 0

Quote from: estanislao1994 on November 28, 2017, 03:04:55 AM

It's very good that you guys are straight forward on your goal that every person is ofcourse, wanting to earn profit. May I just know would you be providing your own e-wallet? And as an addition, how well is your security? Would you guys be taking effect on 2FA or SMS confirmation?

I agree since security should be the top priority for every company. If one discrepancy happens to a customer it would affect your company. It is the smallest details that would a big effect on the company.

estanislao1994

member

Activity: 84

Merit: 10

It's very good that you guys are straight forward on your goal that every person is ofcourse, wanting to earn profit. May I just know would you be providing your own e-wallet? And as an addition, how well is your security? Would you guys be taking effect on 2FA or SMS confirmation?

dimox

legendary

Activity: 1610

Merit: 1003

Quote from: Labrys on November 28, 2017, 12:02:42 AM

Thanks dimox, was hoping someone would help us out with that.

Anyone interested in knowing more about Labrys, please post here, join our Telegram or ask us on socials.

We will be having a bounty campaign, check back here shortly for links, will be up soon.

Thanks guys

check my pm please sir

or we also can chat in telegram Wink

Labrys

newbie

Activity: 42

Merit: 0

Thanks dimox, was hoping someone would help us out with that.

Anyone interested in knowing more about Labrys, please post here, join our Telegram or ask us on socials.

We will be having a bounty campaign, check back here shortly for links, will be up soon.

Thanks guys

Topic: Labrys ICO Postponed - page 6. (Read 3690 times)