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Topic: Lykke raises 1M$ through ColoredCoins - page 3. (Read 3904 times)

legendary
Activity: 1960
Merit: 1128
September 27, 2016, 07:24:21 AM
#23
I smell a scam here.

And do you have arguments to use that word?
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 27, 2016, 07:22:10 AM
#22
I smell a scam here.
legendary
Activity: 1960
Merit: 1128
September 27, 2016, 07:19:24 AM
#21
Has Nick Szabo confirmed he is associated with Lykke in any way?

What you can watch is this.

Nick Szabo on Blockchains and Smart Contracts
"To discuss the future of society Lykke starts a series of open education seminars on Future of the World Economy featuring innovative industry practitioners and forward-looking academics.
The first seminar on Blockchains and Smart Contracts was led by Nick Szabo, a pioneer of Bitcoin. "
https://www.youtube.com/watch?v=tWuN2R2DC6c

So, it's safe to say that Richard Olsen (CEO of Lykke) and Nick Szabo know each other.

And if Lykke would publish this:

Bitcoin Legend Nick Szabo Joins Lykke Advisory Board
https://lykke.com/city/blog/2016-05-30/bitcoin_legend_nick_szabo_joins_lykke_advisory_board

...but being dishonest about it, Nick Szabo would deny it and Lykke would get the worst media-echo ever.


P.S.: If Lykke would want to lie about those things they should claim that they have Satoshi Nakamoto - he wouldn't deny. Cheesy


legendary
Activity: 1190
Merit: 1000
September 27, 2016, 07:08:08 AM
#20
Has Nick Szabo confirmed he is associated with Lykke in any way?
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 26, 2016, 02:50:28 AM
#19
No other coin has such strong venture backing by equivalent of Nasdaq (actually Deutsche Boerse is a bigger company than Nasdaq with 15 billion $ marketcap).
What exactly does it mean that the Deutsche Boerse "backs" them?
Backs them how, in  what way?

I bet that DB haven't heard of Lykke. Smiley They are saying this to make themselves looking bigger, but I'm not sure if its a good idea. Some people may accept it literally and it may have legal consequences.
legendary
Activity: 1190
Merit: 1000
September 26, 2016, 12:02:37 AM
#18
No other coin has such strong venture backing by equivalent of Nasdaq (actually Deutsche Boerse is a bigger company than Nasdaq with 15 billion $ marketcap).
What exactly does it mean that the Deutsche Boerse "backs" them?
Backs them how, in  what way?
legendary
Activity: 3010
Merit: 1460
September 25, 2016, 11:45:15 PM
#17
I have a question. When will LKK be listed in the exchanges preferably in Poloniex? Also if I do decide to buy in to the ICO, is the only way to hold my coins in thru the app in my phone? That feels a little unsafe.
full member
Activity: 210
Merit: 100
September 25, 2016, 02:27:27 PM
#16
I've never researched Lykke, but are there any proofs that it is backed by the DB? And what does that exactly mean?

They were seed investors via the subsidiary 360T, which is one of the largest FX platforms in the world (www.360t.com/about-us). It means they have provided funding and therefore have put their name behind the project.
sr. member
Activity: 308
Merit: 250
September 25, 2016, 02:22:07 PM
#15
Quote
Lykke is building a single global marketplace to level the playing field and provide access to everyone.

Ocean asking to be boiled
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
September 25, 2016, 01:18:32 PM
#14
We're looking to increase our reach to fulfill the current funding goal. If you have ideas please post them here.
Most of the new crypto projects go through ICO period with proper escrow personal in middle, you can do same however how much you can get depend upon the people intrest as well as your media reach towards possible investors.
legendary
Activity: 1498
Merit: 1117
September 25, 2016, 12:17:36 PM
#13
We're looking to increase our reach to fulfill the current funding goal. If you have ideas please post them here.

more presence could help. sometime sig campaign help.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 25, 2016, 11:32:36 AM
#12
No other coin has such strong venture backing by equivalent of Nasdaq (actually Deutsche Boerse is a bigger company than Nasdaq with 15 billion $ marketcap). But we're more focused on product than marketing, so it might take 3-6 months before major outlets notice.

Do you realize how ridiculous this sounds? Market cap of NASDAQ is close to $7 TRILLION.........

No, Nasdaq is valued at 12B$ - http://finance.yahoo.com/quote/NDAQ?ltr=1

Deutsche Börse ist valued at 13.6B$ - http://finance.yahoo.com/quote/DB1.F/?p=DB1.F

DB is a more valuable company than Nasdaq. DB is an investor into Lykke coins/shares via 360T subsidiary. Its just that many outside Europe often have not heard of the company, where as Nasdaq is more well known.

Frankfurt is the European financial capital, but when you are referring to market capitalization, you should take into account the market cap of all the companies traded on the given stock exchange.

I've never researched Lykke, but are there any proofs that it is backed by the DB? And what does that exactly mean?
full member
Activity: 210
Merit: 100
September 25, 2016, 11:25:11 AM
#11
No other coin has such strong venture backing by equivalent of Nasdaq (actually Deutsche Boerse is a bigger company than Nasdaq with 15 billion $ marketcap). But we're more focused on product than marketing, so it might take 3-6 months before major outlets notice.

Do you realize how ridiculous this sounds? Market cap of NASDAQ is close to $7 TRILLION.........

No, Nasdaq is valued at 12B$ - http://finance.yahoo.com/quote/NDAQ?ltr=1

Deutsche Börse ist valued at 13.6B$ - http://finance.yahoo.com/quote/DB1.F/?p=DB1.F

DB is a more valuable company than Nasdaq. DB is an investor into Lykke coins/shares via 360T subsidiary. Its just that many outside Europe often have not heard of the company, where as Nasdaq is more well known.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 25, 2016, 08:48:15 AM
#10
No other coin has such strong venture backing by equivalent of Nasdaq (actually Deutsche Boerse is a bigger company than Nasdaq with 15 billion $ marketcap). But we're more focused on product than marketing, so it might take 3-6 months before major outlets notice.

Do you realize how ridiculous this sounds? Market cap of NASDAQ is close to $7 TRILLION.........
full member
Activity: 210
Merit: 100
September 25, 2016, 06:30:29 AM
#9
I just checked out the app. It shows you how many lykke coins corresponds to which share in the company. According to this the valuation is 100.000 BTC which in my opinion is too high compared to other crypto-currencies. Especially because it is still in an early stage.

Is Ripple or Ethereum early stage? Ethereum is valued at 1B$ and its arguable alpha software (I think they would admit that themselves). Since Lykke is building on Bitcoin/Ethereum, we have the advantage of relying on that blockchain and focus on other things rather than underlying blockchain algorithms. A similar venture got headline in the biggest financial newspaper in the world a few weeks ago just for announcement together with UBS - no product, no whitepaper. Obviously we're biased, but we think the 55M$ is a good valuation to buy at, before this goes into the major public. But we're more focused on product than marketing, so it might take 3-6 months before major outlets notice.

Edit: after discussion.
sr. member
Activity: 286
Merit: 250
September 25, 2016, 03:13:42 AM
#8
I just checked out the app. It shows you how many lykke coins corresponds to which share in the company. According to this the valuation is 100.000 BTC which in my opinion is too high compared to other crypto-currencies. Especially because it is still in an early stage.
full member
Activity: 210
Merit: 100
September 25, 2016, 12:21:32 AM
#7
We're looking to increase our reach to fulfill the current funding goal. If you have ideas please post them here.
member
Activity: 75
Merit: 10
September 24, 2016, 12:16:44 PM
#6
Thanks I finally got credit vouchers to work,  i bought 1ok lykke.




full member
Activity: 210
Merit: 100
September 24, 2016, 11:13:57 AM
#5
11,386,580 coins, see https://lykke.com/ico/#invest
member
Activity: 75
Merit: 10
September 24, 2016, 09:50:13 AM
#4
Hi,

Do you have a running total of how many lykke have been sold since this particular ICO started ?

By the way the credit card option to buy Lykke is not working ....

P
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