Nichts zu danken! Und ja, die Zeit rast. Und dieses Crowdfunding ist bisschen "Ninja-Style" - von 0 auf 100 ohne Vorankündigung und vergleichsweise kurz. ;-)

Lykke Crowdfunding – One -year Lykke Forward Offering
http://www.the-blockchain.com/2017/02/22/lykke-crowdfunding-one-year-lykke-forward-offering/



Why I believe Lykke is one of the pearls:

Because they build real quality, they are fast and hard workers (always high activity: https://github.com/LykkeCity) and what they do will attract many once Lykke is fully regulated (pretty much everywhere). Some impressions:

Weil hier ja auch immer mal die Frage nach dem Business-Model aufkam: Auf Reddit fragte auch jemand wie Lykke Geld ohne Gebühren verdienen wird. Richard Olsen's Antwort:

"My apologies for the late response: yes, our business model is to earn money as a market maker. In this context I want to mention that we will create investment products, whichLykke customers can invest in. The funds of these investmetn products will be used for market making. If market making is done with our own funds, we earn 100% of the profits, whereas with the investment products Lykke earns the performance fee.
Lykke is on a rapid innovation path and we will release products that will be game changers for the industry: margin based trading across all asset classes on blockchain, boxoption - a highly intuitive tservice to trade short-term price moves, borrowing and lending service powered by a new securities lending model. We will offer these services fully regulated, which enables us to aggressivley market our services across the globe. The growh and profit potential for Lykke is huge."
https://www.reddit.com/r/lykke/comments/5u9auy/if_lykke_doesnt_take_fees_for_anything_how_they/


Ich übersetze das jetzt mal nicht wörtlich, aber er erklärt, dass Lykke als Marketmaker am Spread verdienen und Investment-Produkte anbieten wird. Lykke wird außerdem technisch extrem viel möglich machen, Margin-Trading für alle Assets und Blockchain-übergreifend, Box-Option, Service für Geld leihen und verleihen (auf der Basis eines neuen Sicherheitsmodells) und da alles voll reguliert sein wird betont er dass dafür auch sehr gut Marketing gemacht werden kann.


Ich hatte in einem vorherigen Beitrag schon darauf hingewiesen, dass Lykke auch eine Crowdfunding-Plattform sein wird und auch in den Payment-Sektor zu gehen plant, mit Debit-Card etc.


Gestern fragte auch jemand, ob zukünftig auch CFDs auf Lykke gehandelt werden können, und das war seine Antwort:





Was ich echt genial finde ist Box-Options. Mihail Nikulin, der Developer der daran arbeitet, beschreibt es als eine Mischung aus Short-Term-Trading und "Game". Es wird sowohl im Training-Mode möglich sein als auch real (echtes Geld). Wir haben ein paar Scherze gemacht inwiefern es zu Suchtverhalten kommen könnte. ;-)

So in etwa wird es aussehen/funktionieren:

Box Options:

Somebody on reddit asked about the Business-model of Lykke and how it will be possible to make money without fees.

Since that's a question many may have - this is Richard Olsen's reply:

"My apologies for the late response: yes, our business model is to earn money as a market maker. In this context I want to mention that we will create investment products, whichLykke customers can invest in. The funds of these investmetn products will be used for market making. If market making is done with our own funds, we earn 100% of the profits, whereas with the investment products Lykke earns the performance fee.
Lykke is on a rapid innovation path and we will release products that will be game changers for the industry: margin based trading across all asset classes on blockchain, boxoption - a highly intuitive tservice to trade short-term price moves, borrowing and lending service powered by a new securities lending model. We will offer these services fully regulated, which enables us to aggressivley market our services across the globe. The growh and profit potential for Lykke is huge."
https://www.reddit.com/r/lykke/comments/5u9auy/if_lykke_doesnt_take_fees_for_anything_how_they/



He mentions Box-Options in his post and that is really impressive in my opinion. Very intuitive, nearly like a "Trading-Game". There will be the choice to use it only in training-mode or with real money. Mihail Nikulin has given his okay to share this:

Box Options:

I don't know if there will be other crowdfundings or other forms of funding-rounds in future. I believe yes, since all projects that are not profitable yet need funds to get things done. But funding rounds like the ICO last year or the current 1yLKK-sale are also done with the intention to get a good community-base. Investors become supporters and it's better to have many small Investors than just a few big guys. But Lykke acts very carefully and long-term-focused.

The price: We could discuss if a decline in price really means that a project is overvalued. That would mean that prices reflect real value objectively what's not the case in my opinion - best seen in some projects that are worth pretty much nothing (some or many are even scams) but get pumped up on irrational price-levels. And there are also projects that are undervalued on the market and I believe that Lykke has a lot of price-potential.

But yes, the price went a little bit down because 1) Bitcoin went up the last months and currently we see a new sharp rise. 2) Some have sold LKK to buy into 1YLKK, which is not a bad sign because it indicates confidence in the long-term-potential of Lykke. 

Yeah, it's a bloodbath lately ;-) And yes, it has a lot to do with sell-pressure because of the Bitcoin-rise. At once there is the typical price-adjustment, but it's also anticipation. People try to be in the best position in case that the scenario they believe is most most promising in terms of profit (not necessarily most likely) realizes. And many seem to bet on an approval of the Winklevoss-ETF, while I'm very skeptical that it will get approval. But if, it's pretty much a safe bet that Bitcoin will reach a new ATH.

I had a good laugh on reddit yesterday. Somebody asked:

 "Where can I get the results of the ruling the quickest when it comes out?"

Answer: "any current btc price chart ;-)"


I personally don't sell any alts because I believe BTC involves a much higher risk than most people may think (China might be on the safe side soon, but the Scaling-Debate won't end and could turn into a mess) and will be more volatile and unpredictable than Lykke for example or Factom or some others. They also drop in price, but I have no doubt that they will recover.

And like in the end of 2013 with Litecoin, that exploded x30 (and even more) once Bitcoin crashed, it's my bet that if Bitcoin should explode it will come down again and that will be the time to celebrate if one is invested in good projects.

Lykke is a very young startup and I wouldn't ever say it's a totally safe investment, because of course there are risks. But the risk that it could be or turn into a scam is zero. It's a really great Team of not only skilled but also very nice people. Most known is Richard Olsen who is co-founder and former CEO of oanda.com (FX-trading-platform), Sergey Ivliev is an awarded IT-Expert and Risk-Manager, and there are many others on that level who really share a vision, not just a business-idea.

Who wants to take a deeper look can find a lot of infos in the Ann:
https://bitcointalk.org/index.php?topic=1402110.0

I can't say much about that, just that I'm sure it's without bad intention. They get many emails, besides the internal mail-exchange, and sometimes one gets lost. Happened to me also and once it was the spam-folder. If you want you can PM me and give me the mail-address you've used and I try to find out what happened - if spam-folder it's likely that it's deleted now, otherwise it should still be there.

Full Stack Developer / Architect with focus on real-time analytics and trading systems


Lykke is changing the world of financial markets. Block chain technologies, stream analytics, HF trading, community centered finance (e.g. P2P lending), crowed funding are some of the buzz words that describe our activities.

Lykke is looking for developers that are ready to work with the most advanced system architectures in financial systems and community based portals.

(...)

Full description: https://lykke.com/city/open_positions


P.S.: Please don't PM me since I only help Lykke with communications, but use the given contact-info

You'll like this!





Edit: The article about the ETF is really interesting! Thanks!

I'll ask your questions about CFDs on slack and post the answer once I have it!

Factom: Yes, that is true. I'm one of the lucky early birds myself and back in 2015 it wasn't too known and compared to today much cheaper to become a whale. And some are so much in profit and have so much that they are able to sell and to keep it down with that. But I also believe that there are some strategic manipulations at least sometimes. The latest decrease might be more a combi of rising BTC and M2-problems. But the community is growing. Much more active (but more on slack now) then 8-12 months back.

LKK-price: Since LKK is traded on Lykke and attracted more long-term-focused people instead of those who try to make a quick buck through waiting for a Polo-pump it's of course more stable. Plus: Lykke uses algotrading that also has some stabilizing effect. And yes, I believe it's unlikely to drop much. At least in mid-term I expect a rising price because there is so much to come that will impress. Traffic and App-downloads are also increasing and I hope for an explosion some time in 2017 ;-)

Bitcoin: I'm really not sure what it is. Of course, the ETF seems to play a major role but the predictions are not positive. That's why I don't understand the current rally. If you look here for example:

The Bitcoin ETF Will Be Rejected According to Prediction Markets
https://www.cryptocoinsnews.com/the-bitcoin-etf-will-be-rejected-according-to-prediction-markets/

But, of course: not facts, just betting.

Unfortunately I'm not speaking chinese myself! ;-)

Chinese Article:

Lykke众筹：Lykke公司推出1年期远期产品数字代币
http://www.wanbizu.com/ICO/201702219175.html


Official Lykke-Thread:

Lykke - SPECIAL LIMITED OFFER FEBRUARY 9 – FEBRUARY 28, 2017
https://bitcointalk.org/index.php?topic=1402110.0

Wäre natürlich toll, aber ich glaube das es zu kurzfristig eröffnet wurde und auch nicht lange genug läuft. Es geht dabei aber auch nicht ausschließlich um Funding sondern auch um die Einführung solcher Finanzinstrumente wie den Forward-Contract.


Ja. Es wird vermutlich so ziemlich alles möglich sein was man sich so vorstellen kann sofern es Sinn macht. Und Lykke wird sowieso auch in Richtung Payment gehen und es wird möglich sein deutlich schneller Transaktionen von User zu User abzuwickeln als es etwa mit Bitcoin funktioniert (v.a. wenn der Mempool voll ist). Sergey sagte gestern auch im Interview das Lykke dann auch immer mehr zum Kommunikations-System ausgebaut werden soll. Insofern vermute ich, dass es zum einen "Markt-Chats" geben wird, aber vermutlich auch irgendeine Form Messaging-System das privater funktioniert. Allerdings ist das alles Zukunftsmusik da sie ja noch Basis-Funktionalität entwickelt werden muss. 


Ja, davon gehe ich auch aus. Sobald Lykke nicht mal nur "Smartphone-App-Anbieter" ist wird klar werden wie groß das Projekt ist. Das ist momentan etwas das immer wieder erklärt werden muss, sonst wird das Projekt m.A.n. oft bzw. von einigen unterschätzt.

Andere Börsen: Es ist geplant, aber nicht in Kürze sondern auf 3-6 Monate gesehen LKK auf andere Börsen zu bekommen. Sie möchten nicht das es zu einem Pump&Dump wird.

Und ja, der gesamte Regulierungs-Bereich ist extrem wichtig. Wäre Lykke technisch dort wo es steht oder sogar weiter, aber würde sich nicht darum kümmern möglichst überall legal auch mit Fiat agieren zu können würde das vermutlich 90% vom Gesamtpotential nehmen, da es ja weit über Crypto-Börse hinausgeht sondern eben auch um Forex gehen wird, um Firmen die Shares über Lykke ausgeben können und hoffentlich werden, Lykke als Crowdfunding-Plattform etc.


Es gibt sehr viele Projekte die auf Teilbereiche fokussiert sind, etwa Payment logischerweise, oder auch dezentrale Börse oder Crowdfunding, aber ich kenne keines das gleichzeitig in alle Richtungen geht und dieses Design hat - also Semi-dezentral und die Nutzung des Bitcoin-Protokolls (bzw. eben Colored-Coins), gleichzeitig aber flexibel bleibt und jede signifikante Blockchain nutzen wird - etwa Ethereum.

XEM weiß ich nicht viel von um ehrlich zu sein. Aber ich gucke es mir mal an.

Vor kurzem erwähnte jemand z.B. Bitsquare als Lykke-Konkurrent. Und Bitsquare ist im Grunde eine total dezentrale Börse als P2P-Netzwerk. Ich mag die Idee, aber es ist nicht unbedingt für Jedermann und funktioniert relativ umständlich, v.a. wenn es um Fiat geht. Wollte ich Dir z.B. einen Bitcoin für Fiat abkaufen möchte, ginge Dein Bitcoin in eine Multi-Sig-Adresse und ich müsste Dir direkt Geld überweisen. Läuft alles glatt gibst Du den Bitcoin frei und der Deal ist abgeschlossen. Gibt es Probleme wird ein Schlichter eingesetzt. Und ich wette: Würde solch ein System wirklich von tausenden und hunderttausenden und zukünftig vielleicht Millionen Menschen genutzt würden sich Probleme häufen.

Insofern: Lykke ist m.A.n. schon durchaus einzigartig betreffend was das gesamte Design betrifft, sehr auf Effektivität getrimmt und das alles flüssig und sicher funktioniert. Und in den Kinderschuhen stecken ja alle diese Projekte.

Andererseits wird Lykke logischerweise nicht das einzige Projekt dieser Art bleiben. Muss aber auch nicht.

For those who have missed the interview yesterday - it was really interesting:


Coininterview with Sergey Ivliev
https://www.youtube.com/watch?v=2_POa3SfKqU


Coininterview also has uploaded a lot of other material. Most or even all is from Perm I guess:

Richard Olsen - Reinvent Capital Markets
https://www.youtube.com/watch?v=GKvnMprVHsM

Presentation Slides: https://drive.google.com/file/d/0B7NI6V-SD0jBNnVONHptU0txM1k/view

Richard Olsen's Second talk at the Perm winter school
https://www.youtube.com/watch?v=1zbP2-nCstU


Perm Winter School Research Session (with Demetrios Zamboglou)
https://www.youtube.com/watch?v=4srEoZG_oN4

Presentation Slides: https://drive.google.com/file/d/0B7NI6V-SD0jBY1pkODdrVFdEa2c/view


And a lot more on: Coininterview: https://www.youtube.com/channel/UCOu5mkF_NczLQzICINvzr9w

I also believe that Lykke can become very valuable, maybe even much faster than people seem to expect now - not weeks of course, but over the next 12 months there will be a lot of very obvious progress. And if we think in years --> time should really be on Lykke's side.

Regarding the Alt-Market: I don't find much pattern lately. Over the years there were different dynamics but they've changed pretty fast. And I believe we see a changing market right now and that the uncertainty is a sign for a change. That includes Bitcoin. There is an up-trend but there are also a lot of uncertainties (PBoC and new rules on chinese exchanges), the Winklevoss-ETF turns out as a gamble to bet on, and what I believe is really serious while totally uncertain: "Scaling-War".

Factom: It's hurtful lately ;-) I really don't get it how people can sell it below $3. The M2 rollout is absolutely not like everybody hoped for but there is no doubt that they will handle that and considered it's potential it already could be 100% higher in my opinion, especially if compared to some Top-10 projects.

Yes, there is a slack but it's not a public slack. The telegram-channel is public and also team members are quite active there:
https://telegram.me/joinchat/AEGiqkF-_dNaHMwQbRSnAg

But there are thoughts about setting up a community-slack.

Why the price is dropping: I believe there are two reasons:

1) Some sold LKK to have money to buy into the 1YLKK-forward
2) Bitcoin rise. On Polo it was a bloodbath today about 95% in deeply red (still is, but it looks a little bit better now).

As collateral for example. But I'm not sure if your question is about LKK or the 1Y-forward-token...?

Interesting is what Sergey said on telegram:

"LKK1Y is priced based on the implied 1 year LKK discount rate. This will be used to estimate financing costs when LKK becomes a collateral for margin trading. So it is not just locked up equity, but rather extension of Lykke market to derivatives, attempt to create term structure and launch new instruments"

If I understand that correctly they'll use it to calculate costs, to get infos about how much collateral will be needed once margin trading will be enabled.