Let say you buy 25% of art then the owner of the art something happens and it gets destroy, now you have 25% of a worthless asset you need to spend money to take the owner to court to get your money back or will LAToken cover the expenses and all process to recover back?
I think this should not be different from ordinary insurance cases. I do not understand how this can be an insurance case of any type. You can buy a picture in offline world, but it will suffer during transportation. Suffer so much that nothing will remain of it. You can receive compensation from the insurance company, if insured against such a case ofc. But how about parts of assets? You mean those parts of asset that were bought by different owners? |
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Let say you buy 25% of art then the owner of the art something happens and it gets destroy, now you have 25% of a worthless asset you need to spend money to take the owner to court to get your money back or will LAToken cover the expenses and all process to recover back?
I think this should not be different from ordinary insurance cases. I do not understand how this can be an insurance case of any type. You can buy a picture in offline world, but it will suffer during transportation. Suffer so much that nothing will remain of it. You can receive compensation from the insurance company, if insured against such a case ofc. |
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Let say you buy 25% of art then the owner of the art something happens and it gets destroy, now you have 25% of a worthless asset you need to spend money to take the owner to court to get your money back or will LAToken cover the expenses and all process to recover back?
I think this should not be different from ordinary insurance cases. |
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Read the topic during my absence. Well, you flooded it a little.  |
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Hello everybody.  Dropped out of life for a week. What about some interesting news? |
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Badman74, i just noticed your new ava. Are you working in the LAToken now?  LOL no. I just want to express support for the project, I really adore it  I thought, that it was me a fan of LAT. |
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I believe LAToken is aiming to raise $40M - is that going to be enough to build out a company that can realise their dreams of tokenising over $1T assets?
It's hard to say how much money it takes. But they argue that the collected funds are already enough for full scale development. These funds is aimed for the development at the beginning. When the trade will be full-scaled LAToken will get profit from it. I meant that the tokenization and trade of all declared during ICO sale types of assets should be implemented. And in the stated time. |
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I was wondering recently: can cryptocurrency benefit mutual understanding between nations?
I believe we have discussed something related to this earlier, but the international nature of LAToken just keeps arising these thoughts.
On one hand, it can meet the requirements of WTO somehow. On the other hand, governments doesn't care about WTO tbh. May LAToken practices bring more order to that system?
You mean that since the trustees will have to act as a mediator between the buyer and the owner they will link countries? I didn't mean that but this is a good idea. Maybe it's more about that the governments will be working together in the KYC sphere? What does it mean KYC can tell more in detail? KYC - "know your customer". A set of measures to identify customers who use your product in illegal activities. |
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I believe LAToken is aiming to raise $40M - is that going to be enough to build out a company that can realise their dreams of tokenising over $1T assets?
It's hard to say how much money it takes. But they argue that the collected funds are already enough for full scale development. |
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There is some mentions of the development of elements of artificial intelligence in the road map. How do you think, what can it be?
I think this is a kind of advertising promises. Now it is fashionable to mention artificial intelligence and neural networks everywhere. Yes, but neural networks and their mechanisms work fine and can be used together with the blockchain First time i hear about link between neural networks and the blockchain technologies. Can you be more specific? |
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Ok, I like this project and it seems you have strong team but I think its very difficult that the concept will become real...especially in real estate
As for me the project seems quite realistic For example: 1. You want to sell apartments in France 2. You go to LAT platform and choose french company from list 3. It helps you with local laws and rules 4. Profit What is an advantage in this? The same you have in Google. What is additional value? Google will not do most of work with bulk of lawyers and bureaucrats for you. Also one of the main features of LAToken will be the ability to sell very expensive assets, which can't be sold due to lack of buyer. Or the ability to sell something more mainstream, but with adequate pricing. |
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Ok, I like this project and it seems you have strong team but I think its very difficult that the concept will become real...especially in real estate
Ok, I like this project and it seems you have strong team but I think its very difficult that the concept will become real..
The winners do not surrender. Those who surrender do not win. Thats right if dev keep trying to add connections on various agencies in the world. it is not impossible that many people in various countries around the world will start to recognize LAT as a very helpful platform. when many people will sell or buy a home, apartment, etc, they will immediately see the LAT platform? dev team will be very influential here.. SEO is so SEO.) |
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Can I tokenize my apartment right now?
LAToken founder and CEO tokinized some of his property for example, so i think that the mechanism is already working. wow, cool, can you give a link to this post? If my memory does not fail me, i read about it somewhere in white paper. |
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Ok, I like this project and it seems you have strong team but I think its very difficult that the concept will become real...especially in real estate
As for me the project seems quite realistic For example: 1. You want to sell apartments in France 2. You go to LAT platform and choose french company from list 3. It helps you with local laws and rules 4. Profit Custodians and trusties will be french too? Yes, each country will have its own local trusties and custodians I think there may be nuances in case of tokenization of art objects. |
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Ok, I like this project and it seems you have strong team but I think its very difficult that the concept will become real..
The winners do not surrender. Those who surrender do not win. |
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That's possible too, but personally I stick to the idea that states keep losing their power. The future belongs to corporations.
The cyberpunk that we deserve.  I don't believe there will be "Ghost in the Shell" IRL, but maybe in a way... And I liked the anime more. Stop. We are discussing the adaptation of the manga? Oops, wrong tread. Nevermind, i'm just kidding I do a small offtopic too. My favorite cyberpunk manga is GUNNM. |
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LAToken declined wholesale bids becouse their fundmental strategy. Do you read about it?
Not yet. I can't give you a link for this right now bcz i am little buzy, i will do it little later, if you really needs. But in short, the essence is as follows. Why ICOs are selling most of the tokens at lower price to whales? They do this to make feel that they are in deficite. To do hype. LAToken does not count on hype. They expects to achieve high costs of LAT by developing their business, rather than by hype speculations. The sale does not look very good in comparison with the declared desired volumes, but nevertheless they have more capital than most of the top 50 tokens. Gtac01, the link which i promised. https://blog.latoken.com/we-rejected-contribution-offers-worth-millions-here-is-why-e97fc623b944 |
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23 hours till we end round 3! Current price - 0,0013 ETH per 1 LAT Current bonus - 10% Don't miss your chance to get extra LAT for free https://sale.latoken.com/ You raise the price more slowly than I thought, i'll probably buy some more. But i must gather a little more fiat and trans it into the Ether for this first. After finishing of 3th round can i make reservation for 4th round with current bunus? Unfortunately we do not make any reservations. The next batch of 2.5M tokens will be sold with a lower bonus I will hurry to make time in these 2M with bonus. |
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I believe the price of LAT is determined by the usability of the platform rather than its exposure to wide masses.
Indeed. Bid for LAT now will strongly depend on the speed and quality of the work of programmers and lawyers. |
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23 hours till we end round 3! Current price - 0,0013 ETH per 1 LAT Current bonus - 10% Don't miss your chance to get extra LAT for free https://sale.latoken.com/ You raise the price more slowly than I thought, i'll probably buy some more. But i must gather a little more fiat and trans it into the Ether for this first. After finishing of 3th round can i make reservation for 4th round with current bunus? |
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