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panteraforlife
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September 17, 2017, 06:41:18 PM |
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Why not other cryptocurrency or ICO?
Becouse LAT has every chance to become a real bridge between cryptocurrencies and world business and economics. ICO like LAToken convert cryptocurrencies from the subject of speculation to engine of the economy. And this "engine" can be more comfortable, flexible and effective than traditional money. |
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kerhso (OP)
Sr. Member
 Offline
Activity: 284
Merit: 250
🌟 LAToken ICO - August 22, 2017 🌟
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September 17, 2017, 06:45:51 PM |
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Why not other cryptocurrency or ICO?
Read more about us here https://sale.latoken.com/ to make your own decision.  |
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gtac01
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September 17, 2017, 06:47:15 PM |
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Why not other cryptocurrency or ICO?
Becouse LAT has every chance to become a real bridge between cryptocurrencies and world business and economics. ICO like LAToken convert cryptocurrencies from the subject of speculation to engine of the economy. And this "engine" can be more comfortable, flexible and effective than traditional money. Why do you thinks that it will be more effective? |
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panteraforlife
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September 17, 2017, 06:50:41 PM |
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Why do you thinks that it will be more effective?
Becouse the whole idea. It is very promising. For asset owners LAToken unlocks the value of assets by selling their tokenized fractions to crypto investors. For investors LAToken opens global access to real assets using cryptocurrency, with low transaction costs and maximum transparency and security. With LAToken investors of all sizes may own fractions of assets previously accessible only to large investors (such as real estate and works of art) and thus increase their ROI and diversify portfolios. |
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gtac01
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September 17, 2017, 06:53:11 PM |
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I read it already. But it is diffucult for me to understand it all at once.  |
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gtac01
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September 17, 2017, 07:48:45 PM |
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Becouse the whole idea. It is very promising.
For asset owners LAToken unlocks the value of assets by selling their tokenized fractions to crypto investors. For investors LAToken opens global access to real assets using cryptocurrency, with low transaction costs and maximum transparency and security. With LAToken investors of all sizes may own fractions of assets previously accessible only to large investors (such as real estate and works of art) and thus increase their ROI and diversify portfolios.
I can not estimate the real potential of this. |
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panteraforlife
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September 17, 2017, 07:56:18 PM |
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I can not estimate the real potential of this.
About the potential - these are the markets LATtoken are already working with. EQUITY (global asset value - 65 trillion$) - Listing equity on a stock exchange is a very costly process. Underwriters and bookrunners syndicate fees are ranging from 2% to over 6%1 of gross proceeds from the offering, application and filing fees fee average around $25k. DEBT (g.a.v - 215 trillion$) - Issuing debt on a leading stock exchange incurs initial listing fees of ~$20,000 and an annual fee of ~$20,0004 . Underwriting fees generally amount over 1% of total gross proceeds from debt issuance. REAL ESTATE (g.a.v - 217 trillion$) - On average home sellers pay their listing agent a commission of about 6% of the price. Other transaction costs amount to ~5% and include escrow costs and recording costs upon sale, title insurance costs. The sale process takes on average not less than 65 days. The proceeds from the real estate sale are taxed at the rate of up to 20% . ART WORKS (g.a.v - 3 trillion$) - As per example below seller fees associated with an artwork sale are 20-25% of the sale price (hummer price) while buyer’s premium charged up to 25% (according to Sotheby’s commission structure). LAT can greatly reduce all these costs. This alone already has really huge potential. |
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gtac01
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September 17, 2017, 08:05:53 PM
Last edit: September 17, 2017, 08:20:10 PM by gtac01 |
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LAT can greatly reduce all these costs. This alone already has really huge potential.
How big there can be a cost reduction? |
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panteraforlife
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September 17, 2017, 08:14:16 PM |
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LAT can greatly reduce all these costs. This alone already has really huge potential.
How big can there be a cost reduction? I do not know really.  I read somewhere that all costs will be only about 0.01% or even 0.001% of the operation cost. It seemed too optimistic for me and i don't save that page. Can't find it again. But i think that tenfold reduction of costs are really possible. |
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badman74
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September 17, 2017, 08:46:58 PM |
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LAT can greatly reduce all these costs. This alone already has really huge potential.
How big there can be a cost reduction? For me it's mass involvement of contributors before all. There is no minimum price of buying, nor there is a minimal share of equity one has to buy. |
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badman74
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September 17, 2017, 08:51:55 PM |
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Why not other cryptocurrency or ICO?
I suppose it would be wiser to invest in tokens which are backed by something aside from hype. |
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badman74
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September 17, 2017, 08:56:47 PM |
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LAT can greatly reduce all these costs. This alone already has really huge potential.
How big can there be a cost reduction? I do not know really. I read somewhere that all costs will be only about 0.01% or even 0.001% of the operation cost. It seemed too optimistic for me and i don't save that page. Can't find it again. But i think that tenfold reduction of costs are really possible. It isn't too optimistic. Actually, it's realistic prediction given that all the operations are simple and fast, using blockchain and automatized operations. There are no middlemen, no special taxes and the procedure of registration will be decentralized. |
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monsterdoge
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September 17, 2017, 10:22:20 PM |
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Hi! How many lat I get for 1 ether today?
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Greenlee
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September 17, 2017, 10:23:24 PM |
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Hi! How many lat I get for 1 ether today?
now you can get 885 |
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baddw
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September 17, 2017, 11:21:51 PM |
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When is the full circulating figure expected to hit the market?
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BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF Eligius Payouts/CPPSRB Explained I am not associated with Eligius in any way. I just think that it is a good pool with a cool payment system |
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Greenlee
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September 17, 2017, 11:23:04 PM |
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When is the full circulating figure expected to hit the market?
The frozen tokens will be gradually sold from 2022 to 2027. As for company pool, tokens from it will be sold only in case of necessity for the needs of the platform development. |
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mtnminer
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September 18, 2017, 12:00:57 AM |
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Why are the term sheets for all the assets blank?
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Greenlee
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September 18, 2017, 12:03:06 AM |
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Why are the term sheets for all the assets blank?
As for now we haven’t not allowed our customers to tokenize their assets themselves yet. The only asset owner who tokenized his assets is our Founder and CEO. We work on legal issues to finalize those term sheets. |
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baddw
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September 18, 2017, 12:10:48 AM |
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Why are the term sheets for all the assets blank?
As for now we haven’t not allowed our customers to tokenize their assets themselves yet. The only asset owner who tokenized his assets is our Founder and CEO. We work on legal issues to finalize those term sheets. By what time will this option become available? |
BTC/XCP 11596GYYq5WzVHoHTmYZg4RufxxzAGEGBX DRK XvFhRFQwvBAmFkaii6Kafmu6oXrH4dSkVF Eligius Payouts/CPPSRB Explained I am not associated with Eligius in any way. I just think that it is a good pool with a cool payment system |
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iamthewalrus
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September 18, 2017, 12:41:44 AM |
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Why are there only 10 shares of Apple outstanding when more than that is trading on the exchange?
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