ANN - LEOcoin - Official announcement regarding LEOcoin from LEOcoin Foundation

[kiffner]

  Perhaps Cryptotraider16 is botnet miner...

[LEOcoin Foundation]

Again that song and the YOU, as if I personally have been selling anything here. I would suggest, that you when addressing a group, that you use the proper designation, like LEO Ltd is saying, or Mr. atif Kamran is saying, that would be clearer.

And yes, I take my time with some questions. There is a life beyond this thread and I will go into Izy's list as having a good set of answers and explanations is important. Yet, this weekend I work on the interview, and that is how it is.

On the website of the LEOxChange are almost 17K members listed. Whatever race, religion, origin or organisation or company such people belong to, I cannot know. And if they, as you state would be LEO members, what would it change. I only used the number to indicate that not simply 50 persons were involved with LEOcoin, nothing else. As LEOcoin was initiated inside the LEO community, for most people that know about or own LEOcoin to be located inside that community, would be a natural logical consequence and nothing strange or funny.

I also would prefer if you refrained from speaking about what I know, should know or other forms of insinuation. Whether you would be a post-modern constructivist or rather take the pill of epistemic justification, you must be aware that knowledge is a difficult topic for sure, not even to speak about truth. In this regard I have to say that I simply cannot answer some questions, as they build on premises that are false. There have been many statements with regard to the premined LEOcoins, accusations of LEO Ltd., or board members selling LEOcoins in questionable ways and so on. When Then asked for proof and evidence of such statements, there came no answers either.

I am with LEOcoin and those who have a genuine interest in LEOcoin. LEOcoin Foundation is a new entity, one with its own task and function. Please be so kind to state where I deliberately provided misinformation. This is important, as this will give me the opportunity to set things straight.


1) Yes you have been selling here, a lot of bullshit stories*
2)An interview ....woooow and you cant answer 10 questions with in a few days? Really?
3)Stating numbers that are not true, witch you know are not valid
4)LEoCoin was not initiated by LEO community but by Dans friend  
5)You can answer ANY question, even if you consider it being built on premises, by not doing so, you are actually confirming peoples doubts
6)Premined coins are a part of MLM scheme, being sold as "
 *In the webinar on 17th February, Dan and Atif spread their love by extending theRed Envelope gift to the LEOcrowd Platinum Incentive for another 3 days.*
7)All above is just some of your misinformation, BUT i do not know who you are, how long have you been with Dan and Co. and if you are aware of things that  are / were happening.
AGAIN, THIS IN NOT AN ATTACK ON YOUR CHARACTER but your information does not match my.

Sorry, but I won't spend my energy on this.

[danandanderson]

[/quote]


Sorry, but I won't spend my energy on this.
[/quote]

Is this the end?  leocoin foundation doesnt want to spend energy defending this great scam?

[danandanderson]

You ran out of your empty words? So soon?

[Cryptotraider16]

He cant own much! He sale over 1.5 milion on leobit.net!

Who is "he" ?

And how do you know that he sold 1.5m ?

Man i know a lot! He is china man!

[wildduck]

Heheheehe china man, superman wouldn`t save leo coin now.

[BarrioFInito]

Sorry, but I won't spend my energy on this.

Sure you wont, couse you have been made. As in, you know it is a scam and your working WITH IT 
Say it aint so!!!!!
Hahahahaha

[danandanderson]

Leocoin foundation,
Will we be able to buy appartments in leotower in dubai with leocoin? Is the tower finished? Hahaha
What about ,,james bond villas,, in portugal ?
I want to spend the few leocoins I still have, where can I buy something online? 50.000 + merchants and I cant find one? Maybe google has some technical issues haha

[Cryptotraider16]

Can somebody look when leocoin foundation say first time about interviev? I think we wait that over 30 days!!
Now who is crazy now? We are or Dan or who?! I can only say WTF what a crap PR here for LEO!!!! Omfg

[Peter78]

Man i know a lot! He is china man!

Interesting. Could you please tell more ?

[Peter78]

The Interview was first mentioned on December 27 !!

I am pleased that Learning Enterprises Organisation Ltd. has agreed to grant us an exclusive interview ....
.....
The interview - which, I repeat - contains many answers - will be fully published prior to LEO Ltd.'s annual event in Bali....

[LEOcoin Foundation]

The Interview was first mentioned on December 27 !!

I am pleased that Learning Enterprises Organisation Ltd. has agreed to grant us an exclusive interview ....
.....
The interview - which, I repeat - contains many answers - will be fully published prior to LEO Ltd.'s annual event in Bali....

Yes, the interview was scheduled to be ready before the Bali event. It was not, due to unforeseen circumstances and we have been working on it to get it ready for publication.

The interview is an initiative from the LEOcoin Foundation. We required the assistance Dan Andersson and third parties, their PR- and marketing departments and legal advice. The interview will provide background information and some ideas on how LEOcoin can or might develop in the future and issues like premine and POS will be addressed, as some information regarding the LEOcoin Foundation itself.

As soon as I have the material ready, I will start posting on this thread exclusively. Later on, it will likely be used on ours and third party media too as the large majority of the LEOcoin owners does not read our posts here.

[Cryptotraider16]

We all just need to wait! Leocoin can be done great if Dan will want! Its all up to Dan!
I am sure LEO ltd cant live LEOcoin to die! So guys we needto wait few more weeks!

I will say again leocoin need first POS then all will be better!

[danandanderson]

One thing is what one wants and another what one is capable.
Leo ( dan, foundation etc ) are a bunch of amateurs with limited skills! If it wasnt so things would be allready done as they should be.
And even if they put someone else in charge with needed skills I doubt he would make a difference, leocoin was created and is operated by a team that is webknown as scammeres and operating pyramide schemes... So nothing can be done... Game over.
This is them only trying to pump interest with phantom new never seen projects so they can get rid of premine or what is left of it.

[LEOcoin Foundation]

Over the next few days, I will post parts of the interview. Today part one.

____

Sketches of LEOcoin
An Interview with LEOcoin co-creator Dan Andersson

LF: LEOcoin Foundation
DA: Dan Andersson


LF: Dan, thank you for this exclusive interview that we shall use to inform those who are interested in LEOcoin.

DA: it’s my pleasure


LF: When you created LEOcoin in June 2014 what did you have in mind?

DA: First and foremost, we wanted LEOcoin to be THE digital currency for entrepreneurs. To realise that objective it had to combine global access, availability, security, moderate costs and fast transfer times. A second reason is that we at Learning Enterprises Organisation Ltd. believe that we should take advantage of any emerging technology which can make a positive difference to our members and associates. Establishing the LEOcoin project addresses all three of the pillars that LEO stands for; Learn, Earn, Own.
By using LEOcoin, entrepreneurs learn first-hand what digital currencies are and how they can be used to the advantage of small and medium enterprises all over the world. The earning and owning part has to do with LEOcoin’s function as a currency. By encouraging our members to be active in using and trading LEOcoin we want to emphasise both functions of LEOcoin: a) the use of LEOcoin as mean of payment and b) its potential to gain value over time.
When we as a company with our member base of currently almost 200,000 entrepreneurs and registered merchants all work together, we can - by spending, trading, saving and staking LEOcoins – make things happen.


LF: LEOxChange launched in April 2015. Can you tell us something about the measures involved with regard to security and compliance with financial regulation in London and Hong Kong?

DA: When designing LEOxChange we sought advice from people with forex and digital currency trading experience and used their combined knowledge to implement an environment that provides best of breed security and technical scalability. In addition we approached the UK financial authorities to understand their current and future requirements regarding regulation of digital currencies, which enabled us to build the LEOxChange in a way that it complies now and is capable of complying with future standards. We are certain that this will give the public confidence in the LEOcoin digital currency and that the LEOxChange is more trustworthy than non-regulated ones.


LF: The recent reports on the implications of digital currencies on national security and the many scandals and misuse of digital currencies for fraud and criminal activity have made many potential users, politicians and early adopters wary. What does the LEOxChange do to address these concerns?


DA: We have chosen to adopt a best-of-breed KYC procedure. The more you want to do on the LEOxChange, the higher the KYC requirement.  We have 4 levels at present. The highest level, Tier4, meets same level of KYC requirement that you experience when opening a bank account, which includes complying with anti-money-laundering (AML) regulation.
In order to be able to withdraw currency from the LEOxChange you need to submit proof of your identity, address and bank details, so we fully understand who it is we are dealing with. The LEOxChange not only complies with current regulation, but is also an active contributor to the discussions on how we can ensure there continues to be a healthy digital currency ecosystem that is fit for the future.


LF: That could easily be seen as being in conflict with LEOcoin’s anonymity?

DA: Oh, don’t get me wrong. All LEOcoin transactions are transparent, in the sense that the user addresses remain visible in the blockchain, but no personal data. This means that payments with LEOcoin are as private as they are with other forms of digital payment.
Regarding the LEOxChange we have chosen to comply with UK and EU financial regulations, which calls for transparency on withdrawals of fiat currency. Also banks in the EU do report transactions once they reach a certain amount and we, the LEO community, think that transparency is a good thing. For the same reason, we had our first launch event for LEOxChange in London and work with all relevant regulators. The idea behind this is LEO believes that transparency, compliance with regulation and conformance with best practice is a good thing. When we open business in a new country the first thing we do is look for the local Direct Selling Association. The reason is that the DSA sets the benchmark for companies like LEO. This third party examination of our processes and procedures gives us, and potential associates, confidence that we are a properly run business.

____


This interview will not be commented on, but comes as it is for your information only.

[Peter78]

@LEOcoin Foundation

Thank you for the first part of the interview !

One question:

What is it with the Hong Kong Leo Xchange?

Its launch was celebrated - but is their really a second, separate platform/company in Hong Kong ?

[danandanderson]

Great interview so far Dan👍
Some hard questions answered, like you promissed haha
Cant wait for the rest of this soap opera...

[wildduck]

It is not even a soap opera is some low rated funny movie

[danandanderson]

Dan, when is part 2 of the interview coming ? I just bought some popcorn...

[Izi]

Over the next few days, I will post parts of the interview. Today part one.

____

...
____


This interview will not be commented on, but comes as it is for your information only.

I would love to say thank you both for that lovely wall of text, but what information are you referring at? There ware no critical issues discussed or answered here, all info is old and does not reflect the real situation and who even wrote this questions?

It is clear to all now, that you do NOT answer any questions here regarding LEOcoin or LEO_anything but simply post what you are told to post.

I wanted to put few more questions to the list but since you are clearly avoiding the truth, it's pointless.


.: 17k registred users on LEOxChange : Over 190k merchants : Regulations? :.