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

[nonlinearboy]

So what is the total supply for the signature bounty campaign, and I can not see much information about the tokensale, such the total supply, the price and even how to buy the tokens. stay tuned to wait?

Please find further information on our bounty campaign on: https://lakebanker.com/blogs/2-lakebanker-bounty_programs

I think you did not get my meaning, I have two questions: 1) What is the total supply for the bounty, since the bonus token is counted by the posts, which means the total supply is not a fixed number. 2) I want to know the total supply, the price of your altcoin and how to buy your altcoins.

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[LakeBTC]

Our white paper will be published today. Stay tuned.

[nonlinearboy]

Our white paper will be published today. Stay tuned.

That is great, I will stay tuned to wait for the incoming whitepaper and try to get the answer of my questions about the details of the ICO token sale.

[LakeBTC]

The LakeBanker Token Sale White Paper is ready for download:  https://lakebanker.com/whitepaper.pdf

[CUNÉGONDE]

The LakeBanker Token Sale White Paper is ready for download:  https://lakebanker.com/whitepaper.pdf

take it, and reading it now.

[Pkuwag]

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?

thanks for the reply, and just checked the white paper, I am confused about "There is a 5-year vesting schedule for the team tokens, where
only 20% is available for trading each year."  and however it was said "BAC will be tradable on LakeBTC.comsoon after Phase 2. of the Token Sale and before November 1st 2017."


did it mean if I buy 100 tokens then I can only trade 20 tokens per year, and it need 5 years to get my investment back??

[finles_mngr]

Hi! What is the minimum investment for Phase 1?

[2970566]

So what is the total supply for the signature bounty campaign

i sure you can find the answer on bounty thread~

[LakeBTC]

Hi! What is the minimum investment for Phase 1?

No minimum. No maximum.

[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?

thanks for the reply, and just checked the white paper, I am confused about "There is a 5-year vesting schedule for the team tokens, where
only 20% is available for trading each year."  and however it was said "BAC will be tradable on LakeBTC.comsoon after Phase 2. of the Token Sale and before November 1st 2017."


did it mean if I buy 100 tokens then I can only trade 20 tokens per year, and it need 5 years to get my investment back??

The five year vesting schedule is only for TEAM tokens. It is to ensure that financial rewards for the team are connected with the long term success of the project.

Participants who purchase tokens will be able to trade ALL of their tokens on LakeBTC soon after the close of the Token Sale and before November 1st 2017. We are offering near immediate liquidity for BAC.

[LakeBTC]

So what is the total supply for the signature bounty campaign, and I can not see much information about the tokensale, such the total supply, the price and even how to buy the tokens. stay tuned to wait?

Please find further information on our bounty campaign on: https://lakebanker.com/blogs/2-lakebanker-bounty_programs

I think you did not get my meaning, I have two questions: 1) What is the total supply for the bounty, since the bonus token is counted by the posts, which means the total supply is not a fixed number. 2) I want to know the total supply, the price of your altcoin and how to buy your altcoins.

Apologies that this reply is so late----Tokens from the bounty campaign come from the 25% that we allocate to the team. Those who join the campaign are helping us to drive this project forwards.

There is no total supply for the bounty.

[Jamacn]

Hi! What is the minimum investment for Phase 1?

No minimum. No maximum.

this must be a jabber, could I can buy 0.00001 BTC-valued tokens?

In my mind, most exchanges only support 4 decimal places, and LakeBTC is not an exception.

[LakeBTC]

interesting concept! could I join the feast from Japan?

Yes.

[LakeBTC]

Hi! What is the minimum investment for Phase 1?

No minimum. No maximum.

this must be a jabber, could I can buy 0.00001 BTC-valued tokens?

In my mind, most exchanges only support 4 decimal places, and LakeBTC is not an exception.

Yes, 4 decimal places at LakeBTC for both BTC and ETH. So the minimum is 0.0001 BTC or ETH.

[pingrabazar02]

i am join this bounty.FB & Twitter

[LakeBTC]

i am join this bounty.FB & Twitter

That's great. We really want the community to help us drive this project forwards. Join our slack and telegram. Get involved.

[LakeBTC]

Here's an article comparing LakeBanker to Everex in Bitsonline.com:

https://bitsonline.com/p2p-banking-lower-costs-underserved/

What do you guys think about the comparison?

[desticy]

Here's an article comparing LakeBanker to Everex in Bitsonline.com:

https://bitsonline.com/p2p-banking-lower-costs-underserved/

What do you guys think about the comparison?

Saw it.
and how much tokens did articles like this deserves bouns? the bounty program just roughly said 50-1000.

[Cassie.Jill]

have been read the thite paper, can not tell what it feels like temporarily, but just think it is unrestrained and formalized. or may be I need to understand it more.

[GÜNther.Danish]

i am join this bounty.FB & Twitter

it seems no bounty plan for social media.