[ANN] 🔵 LATOKEN - Multi-Asset Trading Platform 🔵

[Greenlee]

How do you think guys it's ok for crypto to go x1000 in 8 years?

I think when there's a strong business behind it, why not

[jiapetz]

What's legal address of the company? I only know that the company apparently registered in Cayman

[Greenlee]

What's legal address of the company? I only know that the company apparently registered in Cayman

Thats it!
1) Name: LAT Foundation Limited
2) Address: Services Cayman Limited, P.O. Box 10008/ Willow House/ Cricket Square, Grand Cayman, KY1-1001/ Cayman Islands
3) Company's code: 326174
4) VAT: No (There is no VAT tax in Cayman Islands)

[kerhso]

can't find RE FAQ or its not ready yet?

It's not ready yet, but you still can ask your questions about it.

How do you think guys it's ok for crypto to go x1000 in 8 years?

Ofc I can't swear that it'll grow - but we'll do our best and strongly believe that it's possible.

[kerhso]

What's legal address of the company? I only know that the company apparently registered in Cayman

Thats it!
1) Name: LAT Foundation Limited
2) Address: Services Cayman Limited, P.O. Box 10008/ Willow House/ Cricket Square, Grand Cayman, KY1-1001/ Cayman Islands
3) Company's code: 326174
4) VAT: No (There is no VAT tax in Cayman Islands)

that's correct

[mtnminer]

As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?

[Greenlee]

As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?

It's similar to forward, yes. The buyer purchase LABT backed by the asset and sells them at the settlement date.

[starb]

Do you need a license for your activities? What documents are needed when uploading a property of selling objects in your system?

[baddw]

Do you need a license for your activities? What documents are needed when uploading a property of selling objects in your system?

I think you need to provide documentation to show that it is insured and is in good legal standing

[mtnminer]

As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?

It's similar to forward, yes. The buyer purchase LABT backed by the asset and sells them at the settlement date.

And LAT doesn't actually purchase the shares or has them deposited into a trust?

[Greenlee]

As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?

It's similar to forward, yes. The buyer purchase LABT backed by the asset and sells them at the settlement date.

And LAT doesn't actually purchase the shares or has them deposited into a trust?

As I know the shares are possessed by the owner. The trustee makes sure that they are safe and not sold to a third side.

[mtnminer]

As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?

It's similar to forward, yes. The buyer purchase LABT backed by the asset and sells them at the settlement date.

And LAT doesn't actually purchase the shares or has them deposited into a trust?

As I know the shares are possessed by the owner. The trustee makes sure that they are safe and not sold to a third side.

So the trustee doesn't hold them, correct?

[starb]

Do you need a license for your activities? What documents are needed when uploading a property of selling objects in your system?

I think you need to provide documentation to show that it is insured and is in good legal standing

Thanks for answer. But what will happen if the property turns out to be a pledge, will there be unexpected heirs or will documents be properly forged?

[Greenlee]

As I undestand, Lat doesn't actually take ownership of the equity shares, they just issue forwards, correct?

It's similar to forward, yes. The buyer purchase LABT backed by the asset and sells them at the settlement date.

And LAT doesn't actually purchase the shares or has them deposited into a trust?

As I know the shares are possessed by the owner. The trustee makes sure that they are safe and not sold to a third side.

So the trustee doesn't hold them, correct?

Yep

[mtnminer]

So what happens if the owner of the shares goes bankrupt or cannot provide the shares to lat?

[mtnminer]

How is counterparty risk managed?

[Greenlee]

So what happens if the owner of the shares goes bankrupt or cannot provide the shares to lat?

How is counterparty risk managed?

Accreditated companies will sell asset on the auction to return money back to investors in case of asset owner won't be able to buy his property back on the settlement date.

[mtnminer]

So what happens if the owner of the shares goes bankrupt or cannot provide the shares to lat?

How is counterparty risk managed?

Accreditated companies will sell asset on the auction to return money back to investors in case of asset owner won't be able to buy his property back on the settlement date.

How will the auction equity shares if the company doesn't have them?

[baddw]

So what happens if the owner of the shares goes bankrupt or cannot provide the shares to lat?

How is counterparty risk managed?

Accreditated companies will sell asset on the auction to return money back to investors in case of asset owner won't be able to buy his property back on the settlement date.

How will the auction equity shares if the company doesn't have them?

Smart contract i guess will do it

[Greenlee]

So what happens if the owner of the shares goes bankrupt or cannot provide the shares to lat?

How is counterparty risk managed?

Accreditated companies will sell asset on the auction to return money back to investors in case of asset owner won't be able to buy his property back on the settlement date.

How will the auction equity shares if the company doesn't have them?

The owner then will have to give their assets away