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gtac01
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September 22, 2017, 08:08:20 PM |
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"US, Canada, Hong Kong and Singapore residents can only use LAT as utility tokens, meaning token holders can only use LAT to buy other cryptotokens, not backed by real assets, once LAT is listed on the exchange. They can also place their assets for tokenization at LAToken platform."
I am not sure that i understand it right. I can sell, but can't by nothing?
You can buy/sell LAT, but you can't buy LABT or other special tokens like LATAPPL or LATG within LAToken platform. You can sell your real property (tokinize it), but can't buy nothing on LAT platform right now. But you will can buy something for LAT like for Bitcoin or Ether after 10th October. Actually you can buy shares now. Something from real eatates was really tokinized already?O_o |
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badman74
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September 22, 2017, 08:13:22 PM |
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"US, Canada, Hong Kong and Singapore residents can only use LAT as utility tokens, meaning token holders can only use LAT to buy other cryptotokens, not backed by real assets, once LAT is listed on the exchange. They can also place their assets for tokenization at LAToken platform."
I am not sure that i understand it right. I can sell, but can't by nothing?
You can buy/sell LAT, but you can't buy LABT or other special tokens like LATAPPL or LATG within LAToken platform. You can sell your real property (tokinize it), but can't buy nothing on LAT platform right now. But you will can buy something for LAT like for Bitcoin or Ether after 10th October. Actually you can buy shares now. Something from real eatates was really tokinized already?O_o No, not real estate, just some of Valentin's shares. You've said that it's nothing we can buy which is hectically not so  |
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gtac01
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September 22, 2017, 08:16:55 PM |
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No, not real estate, just some of Valentin's shares. You've said that it's nothing we can buy which is hectically not so Oh, i forgot about this test example.  |
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panteraforlife
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September 22, 2017, 08:20:51 PM |
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"US, Canada, Hong Kong and Singapore residents can only use LAT as utility tokens, meaning token holders can only use LAT to buy other cryptotokens, not backed by real assets, once LAT is listed on the exchange. They can also place their assets for tokenization at LAToken platform."
I am not sure that i understand it right. I can sell, but can't by nothing?
You can buy/sell LAT, but you can't buy LABT or other special tokens like LATAPPL or LATG within LAToken platform. You can sell your real property (tokinize it), but can't buy nothing on LAT platform right now. But you will can buy something for LAT like for Bitcoin or Ether after 10th October. Actually you can buy shares now. Something from real eatates was really tokinized already?O_o No, not real estate, just some of Valentin's shares. You've said that it's nothing we can buy which is hectically not so It is interesting, will can be intellectual property or whole buisnesses be tokinized in near foreseeable future? |
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badman74
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September 22, 2017, 08:22:28 PM |
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But that could be resolved before, couldn't it?
This is closed information I guess. Can't tell you anything of it. |
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badman74
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September 22, 2017, 08:42:53 PM |
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"US, Canada, Hong Kong and Singapore residents can only use LAT as utility tokens, meaning token holders can only use LAT to buy other cryptotokens, not backed by real assets, once LAT is listed on the exchange. They can also place their assets for tokenization at LAToken platform."
I am not sure that i understand it right. I can sell, but can't by nothing?
You can buy/sell LAT, but you can't buy LABT or other special tokens like LATAPPL or LATG within LAToken platform. You can sell your real property (tokinize it), but can't buy nothing on LAT platform right now. But you will can buy something for LAT like for Bitcoin or Ether after 10th October. Actually you can buy shares now. Something from real eatates was really tokinized already?O_o No, not real estate, just some of Valentin's shares. You've said that it's nothing we can buy which is hectically not so It is interesting, will can be intellectual property or whole buisnesses be tokinized in near foreseeable future? That's hard to tell now. But if there's a way to confirm the deal, why not? |
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monsterdoge
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September 22, 2017, 08:56:02 PM |
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Also, if each token represents an asset from one of four round, how do i know what asset my token represents?
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gtac01
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September 22, 2017, 08:59:48 PM |
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They are separeted the sell off tokens in rounds while they are adding more assets available to trade, but it an practice you are buying the same token that will allows to trade any of the assets, real estate works of art etc, just at a diferent price as time passes.
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CryptoLogo
Sr. Member
 Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 22, 2017, 09:00:27 PM |
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Also, if each token represents an asset from one of four round, how do i know what asset my token represents?
I believe they're all the same. |
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armaan56
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September 22, 2017, 09:18:45 PM |
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Also, if each token represents an asset from one of four round, how do i know what asset my token represents?
I believe they're all the same. So why doing all this masquerade with four rounds? Hype? |
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CryptoLogo
Sr. Member
Offline
Activity: 656
Merit: 251
www.fintropy.io
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September 22, 2017, 09:26:39 PM |
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Also, if each token represents an asset from one of four round, how do i know what asset my token represents?
I believe they're all the same. So why doing all this masquerade with four rounds? Hype? To indicate the development. |
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Greenlee
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September 22, 2017, 09:58:33 PM |
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rodeoclownicp
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September 22, 2017, 10:34:52 PM |
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How long does the 12% bonus last?
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Greenlee
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September 22, 2017, 10:37:01 PM |
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How long does the 12% bonus last?
12% bonus will stay until the amount of lat sold is 47 500 000. after that the bonus will change, but we don't know yet to what percent |
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monsterdoge
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September 22, 2017, 10:56:23 PM |
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@Greenlee isn't the process of digitising an asset and sell it for digital tokens similar to securitization process? For example, the Collaterised Mortgage Obligations is an security created thru the securitization of mortgages. If we change the name of the instrument to LAToken and underlying asset to a house, then don't we have something that can be sold on your platform? Will SEC/FCA allow this?
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Greenlee
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September 22, 2017, 10:59:05 PM |
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@Greenlee isn't the process of digitising an asset and sell it for digital tokens similar to securitization process? For example, the Collaterised Mortgage Obligations is an security created thru the securitization of mortgages. If we change the name of the instrument to LAToken and underlying asset to a house, then don't we have something that can be sold on your platform? Will SEC/FCA allow this?
It isn't physically sold unless you can't buy back the LAT linked to the real asset price |
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thevampireskilledit
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September 22, 2017, 11:14:03 PM |
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Can u explain to me what is NAV figure at the top left hand corner means?
I tried the lat platform to buy some of tradable items
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Greenlee
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September 22, 2017, 11:17:41 PM |
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Can u explain to me what is NAV figure at the top left hand corner means?
I tried the lat platform to buy some of tradable items
When you start buying tokenized assets and equity, the NAV balance will reflect the cost of all those equity/asset backed purchases in LAT equivalent |
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thevampireskilledit
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September 22, 2017, 11:19:29 PM |
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Can u explain to me what is NAV figure at the top left hand corner means?
I tried the lat platform to buy some of tradable items
When you start buying tokenized assets and equity, the NAV balance will reflect the cost of all those equity/asset backed purchases in LAT equivalent Somehow the NAV figure is a lot higher than my LAT figure..  |
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Greenlee
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September 22, 2017, 11:22:17 PM |
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Can u explain to me what is NAV figure at the top left hand corner means?
I tried the lat platform to buy some of tradable items
When you start buying tokenized assets and equity, the NAV balance will reflect the cost of all those equity/asset backed purchases in LAT equivalent Somehow the NAV figure is a lot higher than my LAT figure.. That means, you've purchased a lot |
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