[ANN][ICO] LakeBanker | Free Banking for the World

[Cassie.Jill]

recently I reliaze more about Lakebanker, does if the token was not sold successfully? would the team hold the rest token and continue to follow the  roanmap?

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[Pkuwag]

ok, received your message. and there is another question, what the role does the tokens play in the whole project? does it really have the necessary of exist, rather than a new altcoin?

[desticy]

I checked the company for the record,
it had been register in 03/11,2014
the company should be no problem
and I want know that if I had the LakeBanker token ,I can trade my CNY to JPY free?
Is it the advantage to use the token in this website?

which record do you checked? any link could you proved?
I was also looking for the details of the company (even now I can't speak out which company is behind of LakeBTC)

[fanten]

Hi can i know what does bac do?? I mean what is thr use of buying ur token in lakebanking?? Sorry that my understanding not that good.

[8count]

Interesting project but needs more information and answer given to everyone.
I'll keep a eye on this thread to see how this project progresses.

[titulng]

I think we need to see the more detailed roadmap, at least specify 2017 Q3 and Q4

what kind of financial innovation and new technology will you use? and lthe question like Pkuwag,

ok, received your message. and there is another question, what the role does the tokens play in the whole project? does it really have the necessary of exist, rather than a new altcoin?

[GÜNther.Danish]

I checked the company for the record,
it had been register in 03/11,2014
the company should be no problem
and I want know that if I had the LakeBanker token ,I can trade my CNY to JPY free?
Is it the advantage to use the token in this website?

which record do you checked? any link could you proved?
I was also looking for the details of the company (even now I can't speak out which company is behind of LakeBTC)

so is the team reliable? i have not heard even one name of the team, except the CEO Thomas.

[ViperMaxi]

this project from lakebtc.com exchanger ?

[LakeBTC]

Our token (BAC) will be well-intergrated in our business model and has significant, long-term utility in driving transactions in our system. BAC in the LakeBanker system is comparable to XRP in Ripple (see https://ripple.com/xrp/) and ETH in Ethereum (https://www.ethereum.org/ether). BAC is the fuel of the system. All fees and interest in the system will be denominated in BAC. BAC will be based on the Ethereum blockchain and is ERC20-compliant.

Every single cryptocurrency has its own limitations---these include price volatility, unpredictability and technical shortcomings. By having our own token, we manage the token supply and are less vulnerable to issues outside our control.

When the LakeBanker system is mature, BAC will circulate amongst millions and eventually billions of users. The demand will be very strong. The price of BAC is in the future is likely to reflect this.

ok, received your message. and there is another question, what the role does the tokens play in the whole project? does it really have the necessary of exist, rather than a new altcoin?

[LakeBTC]

this project from lakebtc.com exchanger ?

Yes, the LakeBanker project is a spin-off from lakebtc.com. It inherits LakeBTC's core team, expertise, technology and culture.  

[LakeBTC]

recently I reliaze more about Lakebanker, does if the token was not sold successfully? would the team hold the rest token and continue to follow the  roanmap?

The LakeBanker Crowd Banking model is not a concept. It is tested and proven. The demand has far exceeded our current supply. With no public announcement or media report, we have more than 2,000 LakeBankers serving many, many users around the world.

It is criminal that global remittance payments cost an average of 7.2% of the amount sent (World Bank 2016 data). That’s about $43 billion in charges just for moving information. We instead will make most transfers and payments for free.

So yes, the team is fully committed to the project and its roadmap. It is a big project. We will change banking forever.

[LakeBTC]

Hi can i know what does bac do?? I mean what is thr use of buying ur token in lakebanking?? Sorry that my understanding not that good.

The issued token (BAC) will drive transactions in the LakeBanker system. All fees and interest will be denominated by BAC. Our token will be well-integrated in our business model and has significant, long-term utility in our system. When the LakeBanker system is mature, BAC will circulate amongst millions and eventually billions of users. The demand will be very strong.

[Fioraver]

what should we do at present? any pre-sales before Sep.15 ?

[Jamacn]

The only problem with stuff like this is that it takes a decentralized unit and turns it into something that is more centralized. The exchanges have done enough by half having to meet the know your customer regulations and things like that. Any website that's going to deal with your address going to have to keep it in a database all of this is becoming centralized we're trying to keep it uncentralized that is the entire idea of Bitcoin and the entire idea of a blockchain.

agreed, how to decentralized and keep the system running efficiently, this is a challenge for the project.

Our free payment network is not decentralised. So it won't be hard to keep the system running. The cost to us of handling a payment is very close to zero once the infrastructure is there.

For those that want their transactions on-chain, we will provide services there too---backed up by the expertise in security that LakeBTC is known for.

show me the technology and finance. I will happy to see the solution on white paper.

[Jamacn]

what should we do at present? any pre-sales before Sep.15 ?

did you check their website? the Phase 1 has been the pre-sales, it should have launched on Aug 15.

if you checked, then I think you means the pre-pre-sales.

[Fioraver]

what should we do at present? any pre-sales before Sep.15 ?

did you check their website? the Phase 1 has been the pre-sales, it should have launched on Aug 15.

if you checked, then I think you means the pre-pre-sales.

ok, saw it "Due to the fork risk of the Bitcoin network on or after August 1st"

but Phase 2 is coming after Phase 1, there are just one month, it is not too much meaning for early birds.

[LakeBTC]

what should we do at present? any pre-sales before Sep.15 ?

Phase 1. is the pre-sale. But you can participate now----contributions received before Sep. 15 get the first hour price.

[LakeBTC]

what should we do at present? any pre-sales before Sep.15 ?

did you check their website? the Phase 1 has been the pre-sales, it should have launched on Aug 15.

if you checked, then I think you means the pre-pre-sales.

ok, saw it "Due to the fork risk of the Bitcoin network on or after August 1st"

but Phase 2 is coming after Phase 1, there are just one month, it is not too much meaning for early birds.

The first hour price in phase is 1 ETH buys 1300 BAC.

In Phase 2. the market will set the price via our Dutch Auction. But it is very likely that the price will end up being higher in Phase 2.

So Phase 1. is an opportunity for early supporters get a discount. In return we're hoping for support and collaboration from people who believe in our project.

[Jamacn]

what should we do at present? any pre-sales before Sep.15 ?

did you check their website? the Phase 1 has been the pre-sales, it should have launched on Aug 15.

if you checked, then I think you means the pre-pre-sales.

ok, saw it "Due to the fork risk of the Bitcoin network on or after August 1st"

but Phase 2 is coming after Phase 1, there are just one month, it is not too much meaning for early birds.

The first hour price in phase is 1 ETH buys 1300 BAC.

In Phase 2. the market will set the price via our Dutch Auction. But it is very likely that the price will end up being higher in Phase 2.

So Phase 1. is an opportunity for early supporters get a discount. In return we're hoping for support and collaboration from people who believe in our project.

if the token can't be traded, should it have used in others?

[GreenCoin22]

sorry, just found an another problem.

e.g.  i entrust a lakebanker to help me transfer money, but if the lakebanker just take my money away and run to a place where no one knows. what should i do in this case? are there any appropriate debt collection and compensation measures?

Good question.

We are are a spinoff from LakeBTC.com. We've been around for years and have an almost unrivalled reputation for reliability and security. We know how to handle people's money.

As to the specific questions about individual Lakebankers running away with customers money. Cash deposits/withdrawals are more likely to be handled by local businesses (convenience store, money exchangers etc.) than individuals. They're already set up to handle cash securely. For electronic payment options, the system will protect users money. Further, we perform checks on individual LakeBankers (id, documentation, checks, biometrics (eventually)) and our AI continuously monitors performance, user reviews etc. Risk will be extremely well managed in our system.

okay, just in case, if someone took money and get away, how do you deal with this accident?