What's the track record of the team behind this project?
The CEO of Loyakk Salim Ali has experience in Blockchain (since 2015), Enterprise Applications (CRM, ERP), Big Data Platforms (SAP HANA), replication/backup and systems management applications. Before Loyakk, Salim was Group Vice President, Marketing at SAP and deep in the world of enterprise marketing and solutions with revenue KPIs of $1.2B. Salim also led Partnering efforts (across Services, Channel, OEM and Cloud) and was responsible for the creation of SAP's Digital Business. You can find details of other members of the team at loyakk.io |
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Can you shortly tell about project?
Loyakk project is about creating a community where all members of a globally distributed enterprise can communicate with each other in secure and efficient manner, members will include other enterprises, vendors, clients and all those forming part of an enterprise. Loyakk is first of its kind to bring enterprise-level communication to the blockchain. Please check the site to see more details |
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They have Global CIO, Nissan motors and ex-CIO, McAfee as there advisor. This will give them a huge plus over other ICO's
Yes this is something very positive. They also have investor from 'Big 4' UK Bank and from San Jose Sharks. All this makes Loyakk a solid and legitimate platform for investment. and count is still not over. More advisors and investors have joined the Loyakk platform, they will soon be seen on loyakk.io website |
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Businesses are tightly coupled with each other, as output from each business is a component of and contributor to an overall value chain. The economic incentives derive by a business depends upon its ability to contribute with others in the value chain. Loyakk defines relationship among different enterprise members in this value chain as value web. Being built on top of the blockchain, these value webs are decentralized and distributed. |
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This project looks very promising. I hope I can participate in the ICO too
If I am not mistaken, participation can be done through their whitelist on loyakk.io Yes. Loyakk is a whitelist ICO and only registered members can participate in ICO. |
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The bounty program is all about the digital marketing of your ICO on platforms like facebook, twitter, Instagram and on Bitcointalk as well. Especially on social media networking sites, there are billions of people.
An ICO can never be successful if it doesn't advertise itself to people worldwide and since the team of ICO is busy with other stuff they have bounty program to market there ICO by professional bounty hunters. There is no doubt bounty program gives good return.
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Loyakk platform will allow only within enterprise communication or intra-business communication is also possible?
Today every business is tightly connected to each other. the output from one business forms the input of other business. Loyakk will allow enterprises to not only communicate within the organization but also with other businesses. |
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We are witnessing another down fall in cryptocurrency market. Will this impact Loyakk also?
Loyakk and other ICO's wont have any negative impact of this dip, as long as they have solid idea and road map with them. If you are planning to invest in Loyakk, invest without any fear. This dip might even be beneficial for Loyakk and other ICO's, as investors who have pulled out there money from CC must be looking for some other sectors for investment. Not sure whether it will have any positive or negative impact on Loyakk. Loyakk has its own roadmap and is a totally different application that is harnessing the power of blockchain. It is totally independent of cryptocurrency and free from its highs and lows. |
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Why has been the ICO date extended and when does it end
ICO date has been extended so that more people can enlist themselves for the ICO as Loyakk is a whitelist ICO. for more on ICO please check the website |
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We are witnessing another down fall in cryptocurrency market. Will this impact Loyakk also?
It won't. Many people think that blockchain technology is all about Cryptocurrency. Cryptocurrency is just one application of blockchain, there are many other also. Loyakk is utilizing the blockchain technology to develop a platform for exchanging business information. |
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https://medium.com/loyakk-vega-blog/blockchain-in-the-automotive-industry-5327b1dc0429"The Loyakk Vega has utilized the power of blockchain technology to device a Business Relationship Platform that allows complex and bulk exchange of information, within as well as outside the company." Can you expand upon this Admin> I am not sure about why specifically the automotive industry will benefit from a business relationship platform will be one of the most effective situations for Loyakk? Not entirely sure about the explanation but I think the automotive industry was used as an example because Anthony Thomas was one of the advisors for Loyakk. Anthony I think is the CIO or CDO of Nissan Motors. Yes. He is global CIO Nissan motors and also an advisor of Loyakk |
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Hello,
I'm still learning about crypto currencies and willing to buy some bitcoins. Is it good time to buy?
Thanks
If you review BTC price, it was 19000 USD on 18 Dec 2017 and after that went low to 6000 USD in Jan 2018 and then again rose to 11000 USD. price of BTC remain stable at 8000 and 9000 for a while. I think its safe to buy right now at 9000 USD. Remember the rule of the market, "buy when everyone fears to buy, sell everyone willing to buy" |
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there is no way to judge whether a newbie has knowledge about Cryptoworld. You can make yourself familiar to others on this forum by start posting and helping newbies posts. Once you are at Jr level no one will stop you from posting on any post. Just spend some time here at bitcointalk.org and very soon your level will be raised.
this is another way of giving priority to people who have spend time here and have posted more to help community members.
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i have more then 50 posts here, but still got zero merit. I tried my best to write replies that can help other people and also me in acquiring merit but no success.
is there any strategy that can help me getting merit
Merit is awarded for posts that the meritor considers to be of high quality. As merit is somewhat scarce, especially for those of us who aren’t merit sources, you could even say ‘exceptional quality’. That’s why it’s normal for a beginner to not receive much merit. Don’t worry. It would probably be good ‘strategy’ to not excessively chase merit (or activity!) but to read and contribute for learning and for fun. who has the right here to give merits to members. Only moderators have that right? Bro i am only chasing the merit, since i wont go up to 'member' level if i have atleast 10 merit |
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Man, your last 20 posts are 3-liners. I'm not saying you need to write longer, but with the way you write... then you need to write longer.
Most of what you're adding isn't substantial... except for htat post about a CEO.
But yeah, either you have to post more substantial things in shorter words... or u just need to post longer posts
thanks a lot for spending the time to check my last posts and giving honest feedback. You suggesting that I should post something more solid that will be more substantial ? |
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hi
i have more then 50 posts here, but still got zero merit. I tried my best to write replies that can help other people and also me in acquiring merit but no success.
is there any strategy that can help me getting merit
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Today businesses are time starved and need some efficient platform where they can communicate in an effective manner. blockchain is the ultimatly solution for all this, thanks to DAPPs. If not today then tomorrow every business has to move to blockchain then why not migrating today.
adding more to your point. cost of migrating today is much less. those who wont make smart move now will have to bear heavy price of Loyakk tokens in future. make a smart move now. |
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Loyakk Vega use case in insurance industry looks very beneficial for insurance industry. I dont see any reason why other sectors wont migrate to Loyakk seeing the benefit Loyakk will bring. I am sure it will be a big success in days to come.
With some modification, the insurance use case will also be valid for other business sectors like High-Tech Industry. Infact every business can migrate its operations over Loyakk Business enterprise model |
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Interesting to see Loyakk pushed their date back to 15 April from 5 March... does this indicate that there is a large demand?
Yes, the demand will be certainly high. Since its a whitelist, pushing dates further will help not only adding more clients to your ICO but also more capital to fuel future road maps. |
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Hello. Where are you based?
Loyakk Ltd. and iStrategies Ltd. are based in London, UK and are the originators of this ICO. |
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