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Author Topic: [ANN] 🔵 LATOKEN - Multi-Asset Trading Platform 🔵  (Read 307585 times)
armaan56
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September 19, 2017, 08:52:52 PM
 #541

I have a question concerning the trustees though. Yes, they're verified by LAToken, they're leaders in their respective markets etc. But what if they will come up with a brilliant idea to make some profit from their positions? Like giving a preferential regime to some clients?
Then LAToken will withdraw their license, I suppose.
And if it's a major investor to LA Token? Will they really do so?

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badman74
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September 19, 2017, 08:56:08 PM
 #542

I have a question concerning the trustees though. Yes, they're verified by LAToken, they're leaders in their respective markets etc. But what if they will come up with a brilliant idea to make some profit from their positions? Like giving a preferential regime to some clients?
Then LAToken will withdraw their license, I suppose.
And if it's a major investor to LA Token? Will they really do so?
Just as keepinquiet said. LAToken is as good a business as any, and their reputation is one of their main resources. If it will be a major investor, LAToken will ask them to repay the damage or withdraw their license.
gtac01
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September 19, 2017, 08:56:58 PM
 #543

Why does the amount of LAT in circulation increase from 2019 to 2022? The token sale will be finished this year, from where does these 220M tokens come from?
They say they have the company pool, I believe it has been discussed here already.
I look in infographics on the first page once more. Supply of tokens for first 5 years 400K LAT. 50% for sale, 20% company tokens, 10% team pool and 20% network growth. I am not sure that i understand it right. Network growth for extra sale in near 5 years, team pool is reward for LAToken company employees, company tokens some kind of controlling stake? What parts of this will be used "in case of due neccessity"?
I'm not sure if I got it, but may it be so that these 50% are used as stated in the WP, and other 50% are distributed according to their purposes? So all the parts are to be distributed, but each up to the specific goal.
White paper describes the distribution of funds received for the sale on the company's development. This is 50% of nonfrozen tokens (200M). But I can not find info about how different parts from remaining 50% of nonfrozen tokens will be used in the near future.
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September 19, 2017, 09:03:54 PM
 #544

And what if a trustee decides to sell its assets at the platform?

badman74
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September 19, 2017, 09:05:47 PM
 #545

And what if a trustee decides to sell its assets at the platform?
A good question LOL. I think, there isn't one game in the town and you can always find another trustee on the platform.
armaan56
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September 19, 2017, 09:08:45 PM
 #546

Still who will be responsible if the tokenization procedure was performed illegally?

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keepinquiet
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September 19, 2017, 09:10:23 PM
 #547

Still who will be responsible if the tokenization procedure was performed illegally?
The trustee is liable for everything concerning the tokenization procedure. So it's in their interest to perform it according to the national legislation.
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September 19, 2017, 09:10:24 PM
 #548

Still who will be responsible if the tokenization procedure was performed illegally?
Do you mean because of the countries they allow investments from?
armaan56
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September 19, 2017, 09:12:10 PM
 #549

Still who will be responsible if the tokenization procedure was performed illegally?
Do you mean because of the countries they allow investments from?
No, let's put aside the countries in which the tokenization is illegal completely. I mean that the procedure itself could be legally erroneous.

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armaan56
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September 19, 2017, 09:14:28 PM
 #550

Still who will be responsible if the tokenization procedure was performed illegally?
The trustee is liable for everything concerning the tokenization procedure. So it's in their interest to perform it according to the national legislation.
I see, so I could theoretically sue the trustee for my costs due to them not fulfilling their contractual obligations?

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badman74
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September 19, 2017, 09:15:32 PM
 #551

Still who will be responsible if the tokenization procedure was performed illegally?
The trustee is liable for everything concerning the tokenization procedure. So it's in their interest to perform it according to the national legislation.
I see, so I could theoretically sue the trustee for my costs due to them not fulfilling their contractual obligations?
Let's firstly see the exact contractual obligations.
Greenlee
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September 19, 2017, 10:00:54 PM
 #552

Techcrunch explain why tokenization of assets like LAToken platform are not launching in the US operations which may attract SEC attention https://techcrunch.com/2017/09/14/sec-shows-support-for-icos-that-are-not-obviously-securities/
rodeoclownicp
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September 19, 2017, 10:21:54 PM
 #553

Techcrunch explain why tokenization of assets like LAToken platform are not launching in the US operations which may attract SEC attention https://techcrunch.com/2017/09/14/sec-shows-support-for-icos-that-are-not-obviously-securities/
But do people buy this utility token, wait and expect profit?
Greenlee
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September 19, 2017, 10:23:01 PM
 #554

Techcrunch explain why tokenization of assets like LAToken platform are not launching in the US operations which may attract SEC attention https://techcrunch.com/2017/09/14/sec-shows-support-for-icos-that-are-not-obviously-securities/
But do people buy this utility token, wait and expect profit?

They buy it to operate at the LAT marketplace
rodeoclownicp
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September 19, 2017, 10:34:54 PM
 #555

Why don't you show pre-sale statistics?
rodeoclownicp
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September 19, 2017, 10:38:02 PM
 #556

So the round 3 has started with 12% bonus?
mtnminer
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September 19, 2017, 10:42:20 PM
 #557

So the round 3 has started with 12% bonus?
With 12% bonus, yes!
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September 19, 2017, 10:43:36 PM
 #558

This looks very interesting. im in real estate here in the uk, i want to research this most definetly

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September 19, 2017, 11:06:30 PM
 #559

This looks very interesting. im in real estate here in the uk, i want to research this most definetly
You are welcome! Smiley FAQ for real estate is under development now, we will publish it as soon as possible!
mtnminer
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September 19, 2017, 11:09:14 PM
 #560

Techcrunch explain why tokenization of assets like LAToken platform are not launching in the US operations which may attract SEC attention https://techcrunch.com/2017/09/14/sec-shows-support-for-icos-that-are-not-obviously-securities/
Good article, it'll be interesting for all investors  Cool
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