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

[pikatju]

Any updates on the bounty?

[itsonlikedonkeykong]

Token sale will be completed in 4 rounds, right ? how many is total supply?

Yes, 4 rounds, total supply:
200M  - token sale
200M - team pool, maintenance, development
600M - frozen

Thank you for the clarification. This looks really good.

[timothyymoore]

The more you know about your customers, the more you can provide to them information that is increasingly useful, relevant, and persuasive.

[danmoris]

@kerhso
I wish - on my part - to congratulate your entire team.
Not only did you guys came up with a great idea, you have also done your research well (real & digital world) and are responsive within the forum, providing clear, prompt, honest and humble answers.
Keep up the good work.
 
I can't see why your coin can't x1000 its value within the next 8 years as you predict should nothing major happens globally (a stray nuke would do it and unfortunately it is one of the many possibilities in regards to things that could go horribly wrong for our troubled little planet)

[kerhso]

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

Yes, token holders don't have any ownership

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

That's always depends on the local laws.

[kerhso]

How is counterparty risk managed?

We’ll provide market making services on LAT exchange & we’ll be the only seller of tokenized shares initially. After thoroughly testing & finalizing this model we’ll allow small amount of qualified users to experiment.
LAToken will choose certified & reliable partners.

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

His asset will be sold on the fiat auction.

[kerhso]

What happens once the stock purchased on the exchange expires. Does the exchange then buy it back at current USD price in the form of LAT?

We have market making budget.

What happens once the stock purchased on the exchange expires. Does the exchange then buy it back at current USD price in the form of LAT?

If the seller fails to buy LABT back on the expiration date, it's sold on the Dutch auction for fiat currency

Yep

[kerhso]

What happens once the stock purchased on the exchange expires. Does the exchange then buy it back at current USD price in the form of LAT?

If the seller fails to buy LABT back on the expiration date, it's sold on the Dutch auction for fiat currency

Who is the seller in the case of stock though? The LAToken team?

Right now - yes. Soon we'll work via broker.

Token sale will be completed in 4 rounds, right ? how many is total supply?

Greenlee was right. total supply:
200M  - token sale
200M - team pool, maintenance, development
600M - frozen

[kerhso]

If someone is tokenising an asset, how does the buyer know that the asset really exists?

Each transaction is legally accompanied by third-party companies that guarantee that the asset is insured and will not be resold.

Any updates on the bounty?

I'll post an announcement as soon as we have it.

The more you know about your customers, the more you can provide to them information that is increasingly useful, relevant, and persuasive.

That's it! And that why we are always open for all your tricky questions 

[jiapetz]

Could you please explain what is going on in the LAT market for Apple?  It says that there are 10 tokens in circulation, but there seem to be trades for much more than that.  Also, the bid appears to be the same as the offer, which is strange.  Finally, are these actual shares, or forward shares?

[Greenlee]

Could you please explain what is going on in the LAT market for Apple?  It says that there are 10 tokens in circulation, but there seem to be trades for much more than that.  Also, the bid appears to be the same as the offer, which is strange.  Finally, are these actual shares, or forward shares?

Token working like forward

[baddw]

Could you please explain what is going on in the LAT market for Apple?  It says that there are 10 tokens in circulation, but there seem to be trades for much more than that.  Also, the bid appears to be the same as the offer, which is strange.  Finally, are these actual shares, or forward shares?

As i see they fixed some misunderstang with the orders at the markets. I saw selling orders to be lower than buing

[dannyyppace]

Great tranquility arises before the name of LATOKEN.

[Greenlee]

Hey, guys! When you have 3 or more mistakes during log in, system bans you from entering your LAT wallet for 15 min. Just try again later.

[monsterdoge]

Data box does not make sense - my wallet did not accept it

[tuaddio]

This is a fantastic project! waiting for the bounty announcement. i wish you success in the ICO and your way forward for LA Token

[Greenlee]

Data box does not make sense - my wallet did not accept it

They accept only ETH and recommend to use MEW

[monsterdoge]

Data box does not make sense - my wallet did not accept it

They accept only ETH and recommend to use MEW

What about imtoken?

[Greenlee]

Data box does not make sense - my wallet did not accept it

They accept only ETH and recommend to use MEW

What about imtoken?

You can try

[monsterdoge]

Data box does not make sense - my wallet did not accept it

They accept only ETH and recommend to use MEW

What about imtoken?

You can try

Will be setting up mew tomorrow