The opposite is true. LKK represent company shares. The "1-year Lykke forward-token" represents the same, but as a 1-year-forward-contract at 20% discount. Plus: An Investor is free to pull the trigger to activate it, or to trade it.

But: Both are company-shares.
And: There is also no dilution because no LKK-tokens are new issued.  

Most important: Everybody has the choice if he wants to invest in Lykke or not. That's a simple "basic-fact". And if somebody wants to buy shares, there is also the choice to do it on the market as it is, or to buy into the "1-year Lykke forward-token" at 20% discount. And if somebody decides to do that, he has the additional choice to trade it after the ICO or to trigger the contract.

If you add all that together: Lykke gives a lot of choice here to ensure a win-win-situation and without any disadvantages for anybody.

The price of LKK in Fiat was very stable since the ICO. First it went a little bit down during the Bitcoin-rise, than it was a little bit above ICO-price. Now it's a little bit below again.

You can see it here: http://coinmarketcap.com/currencies/lykke/ (at the bottom you can also click on "Dollar").

But, the "1-year Lykke forward-token" that is offered until end of February is 20% cheaper.

Who missed the Zurich-Talk can watch it here:


It starts here: https://youtu.be/kwoNk-CepAM?t=23m48s


It's really interesting, especially the Q & A --> Questions (smart), Answers (even smarter) ;-) 

But the whole conference is interesting.


Volume is a little bit low but the sound is good. Plus, a better version will follow:

This is an additional ICO but also different. The ICO last year was about purchasing LKK right away. Those LKK are free to buy and sell since the the ICO has ended.


The current ICO is about buying "LKK-Contracts", like LKK-Futures. With other words: You buy a contract to get LKK in 365 days (if you pull the trigger) at 20% discount.


Imagine it this way: I have LKK in my wallet that I bought in the ICO in September 2016. And we both could make a deal - a contract:

Let's say all my LKK would be worth $1000 at the current exchange-price. You give me $800 (20% below the current market price) now and you get my LKK in 365 days. If Lykke makes good progress and the price goes up, so that the LKK in my wallet will value at $1500 in 365 days, you make not only 50% profit but 70% - because of the 20% discount we've agreed to in our contract.

That's what Lykke offers in this ICO, but a little bit cooler: An Investor who buys such a contract is free to pull the "365-day-trigger" whenever he wants - or to trade the LKK-contract. Once the trigger is pulled, what is like signing the contract, it will run for 365 days and the Investor will receive the "real-LKK" in 365 after pulling the trigger.



Edit: Didn't see the edit before I posted ;-)

Regarding volume and price of LKK on the exchange: Interesting will be to see if some will sell LKK to have money to buy into the "LKK-Contracts", because it would be a little bit paradox: Pressure on the exchange-price, but at the same time a promising sign because it's a long-term-decision (at least if an Investor pulls the "365-day-trigger").

 

Hi KarKarlsson!

It's a little bit complicated ;-) -  more the other way around:

100 LKK entitle to 1 Lykke-Company-share. The price right now, on the exchange, is at about 0.05 CHF

If you decide to buy into this Crowdfunding, you buy a forward-contract (that runs for 1 year) at 20% discount. The price is 0.04 CHF instead of 0.05 CHF.

This is the explanation: https://forward.lykke.com/files/Fact_sheet_2017.pdf

Let me try to "translate" it:

If an Investor buys 100 LKK now for 0.04 CHF in this ICO it's in fact buying a contract between Lykke and the Investor that runs for 365 days after pulling the "365-day-trigger". The Investor is also free not to pull the trigger and to sell the contract (It will be traded after end of the ICO). If he believes in Lykke's potential he can pull the "365+trigger" what means the contract becomes effective. It's like signing a declaration to receive the shares in 365 days.


Practical it means: Let's say you buy 100 "Contract-LKK" in this ICO for 0.04 CHF and you pull the trigger right away, you get 100 LKK in 365 days. And let's say the price is 30% higher then, your profit would be 50% because you bought the "contract-LKK" 20% cheaper.

Or: Let's say you buy 100-Contract-LKK but you don't pull the trigger, because you are uncertain - you can even decide to sell it to somebody else. And maybe the one who buys it from you pulls the trigger and declares his intend to receive 100 LKK in 365 days.


I hope it makes it clearer. It's not that easy to explain ;-)

Yes right. Little miss-understanding. It's possible to buy and sell. But as far as I know it will need KYC for all the more advanced stuff that will come, like margin trading etc. But I have to ask that - will do that later, as they are very busy today because of --> http://zurichtalk.lykke.com

Angel-Investors are usually early supporter who take a much higher risk. They invest before the most important steps are done, very often "just" in an idea. The ICO on the other hand was done on Lykke when it already was a working platform and after they've released the trading App.

And if you look at the progress since that time: I don't know of other projects that are so fast in development and show that much progress in all important areas.

That being said: When it's about the price, there can be a lot of different opinions and it's about a lot of aspects. One is Bitcoin for example. If you look on the charts of other projects - the rising BTC-price was constant pressure on nearly all others. Most important in my opinion is: Lykke is not that known yet. It's growing of course but the real increase of users and customers and Investors will happen once Lykke will be accessible over the Web-based-terminal and once it's fully licensed in the USA, once the platform is fully developed etc. And there is much more to come. It's just not that easy to imagine how and how fast Lykke will change in the coming months.

My impression is that many, maybe even a majority, believe Lykke is small since the most visible and experienceable part is the App, and many seem to focus on what's not possible yet. But if we compare Lykke to other projects with similar goals - it's far ahead and much faster when it's about progress and most important: It's real quality and lead by professionals. The team itself is worth many millions. All together they must have hundreds of years of experience and expertise.

Plus: If you think about the price and imagine how it would have reacted on Poloniex on all the news - it would have pumped for sure. I believe it would be much higher now. But would it be better if it would have been a pump-and-dump-game? Lykke is a serious project with a long-term vision - no hype. That means: First it needs a base to go further. And Lykke only starts here but will go beyond Crypto, will connect between "both worlds" (Crypto and established system).

Some may think it's overvalued. But I believe it's an opportunity, especially for us Crypto-Guys because they start here. And they do that because they know that we understand the potential of Blockchain. The "negative-side" may be that Crypto is very often about different kinds of projects: Unprofessional hypes with only one sense: to be manipulated Pump-and-Dump-Schemes on Crypto-exchanges, and just btw: the majority loses like Gamblers in a Casino.

Anonymous-trading won't be possible. But the KYC is easy to do and fast, can be done through the App. 


Lykke will be a fully licensed exchange and it will be pretty much everything possible what you know from forex and more, since it runs on the blockchain which gives a lot of more possibilities. You know https://www.oanda.com? Richard Olsen, Co-Founder and former CEO of Oanda is the founder and CEO of Lykke and he plans to do everything open source - market-algorithm included.

An interesting video in which he explains Lykke in a team-meeting is this one:

Richard Olsen about Lykke idea and objectives
https://www.youtube.com/watch?v=leXWIhS4Y3k

Edited version of the (russian) TV-interview:

РБК-Пермь. Ракурс. PERM WINTER SCHOOL 2017 - ИТОГИ
https://youtu.be/Dd1DFANvyFw

Great that you'll be in Zurich to film the Lykke-talk!

ANS represent shares of Antshares as a system, of the ANS-Blockchain:

"The Antshares represent ownership of the Antshares Blockchain and are used for elections, bookkeeping and generating AntCoins as dividends. While on the other hand, the AntCoins are about the right of using the Antshares Blockchain and are used to pay systemic fees."
https://github.com/AntShares/AntShares/wiki/Whitepaper-1.1


And Lykke is not on other exchanges because it was meant to start on the own platform - Lykke is an exchange. But if you look here:

https://trello.com/b/IV0PH2gs/lykke-roadmap

In midterm: "Add LKK to Poloniex/Kraken".

I see it more as a pro that Lykke has a focus on real Investors instead of "Wahle-traders" who manipulate the market up to dump it down right after. I don't think that there are legal issues that prevent a listing on other exchanges. Lykke-Coin represents shares, yes. But that's also true for some other projects, like Antshares for example.

I think that the team made a decision until now not to be on other exchanges and I think it's smart to build a base first, especially to not make a pump-and-dump-game out of it.

Or with other words: Best scenario is to get serious and informed Investors in this who are able to understand the project - not only what it is right now but also what it will be about in the future and that this project really has potential for the long run (unlike to some others) and want to participate with their Investment - without being impatient. And many small Investors is better than only a few big ones. Under the line Lykke did it all right in my opinion.

Lykke is not Oanda, but yes: Lykke-founder and CEO is Richard Olsen, Co-founder and former CEO of Oanda. And yes, Lykke will also be about forex-trading (plus much more).

Yes, there are plans to get it on Poloniex and also Kraken. In general it can be listed on all exchanges but I believe it's not so bad that it started on Lykke. I believe the price on Lykke is a better reflection than high volatility because of "trollbox-news" on Polo. But like I said: The plans to get it on other exchanges are there.

Lykke is built on the Bitcoin-Blockchain (and uses the colored coin protocol). But the system will also be connected with Ethereum soon.



Pretty much the same. ICO-price was 0.05 CHF.



Yes. Lykke will be a complete Trading-platform with pretty much "everything what is needed". ;-)

Next release will be this:

LykkeWallet margin based trading
https://www.youtube.com/watch?v=DUwhxfc3fi0

Good to see some activity again on https://github.com/antshares

...I was a little bit concerned lately, but yes: holidays!

Of course it needs some time to really get traction, but I also believe that Lykke will be pretty fast because it won't focus only on Crypto but on pretty much everything and one major target will be Forex - like Oanda on Blockchain plus a lot more.

I've thought about the question why Lykke could not be attractive for some. Right now most likely the Nr. 1 reason is: Until now the platform is only accessible through the App. Nr 2: The market itself is not fully developed yet. Nr. 3: There are not that many listings yet. All that will change soon - won't be next week, but it's also not about many months. In best case it will come together with full regulation in the USA and an increasing number of attractive listings and I believe it's likely that it will lead to a strong increase of Users and volume.

Marketing efforts will also increase. Lykke only starts in Crypto but will target all kinds of potential customers in Crypto and the established financial system and in all possible ways. The App is also only the first step as a base. I believe that's they key-point: Lykke as an easy-to-use and secure door between the "systems" - best of both worlds for potentially everybody and everywhere.