The large holdings come from Richard Olsen, as well as original team members and institutional investors, which have put in capital of more than 1 million Swiss Franks. Lykke is not a Cryptocurrency, but more like a distributed corporation. Lykke also has not its own blockchain and its consensus. Lykke is an exchange and participants are able to buy Lykke coins. For more questions in detail please post them here or find appropriate channels on lykkex.com.
Quotes from Lykke times publication:
Lykke has initially raised 640’000 CHF to launch the first product release and have sufficient funding for the subsequent 6 months of operations. We are making a capital increase for up to 500’000 CHF .in the coming weeks to give us additional room of maneuver .We have prepared an information package for potential investor
Lykke is closing an investment round of 0.5 Mio CHF with angel investors at a valuation of 15 Mio CHF. We are adjusting the bid and ask price per share to 1.40 and 1 CHF, which corresponds to 0.014 and 0.01
CHF per Lykke coin. The bid and ask quotes will change in response to demand and supply