Labrys ICO Postponed

[s2sallbygrace]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

what will happen to your investors of you did not reach the amounts of profit you expected to gain?

[Labrys]

What is labrys for? Is it a good idea to bond to blockchain?
How long it will take to bond to blockchain and what will happen if some people dont want labrys to bong blockchain? What will you do? And lastly what are the advantages in labrys?thanks for the answer

We aim to do two things at Labrys, remove barriers to entry by making it easy to invest in bonds, and provide infrastructure for companies to issue bonds directly on blockchain - saving them time and money. We think blockchain is a perfect solution for bonds as the process a bond goes through involves many middlemen, which can be automated. If you see our roadmap we aim to have blockchain based bonds live in 2019.

Advantages for users: receive interest payments on crypto holdings while maintaining ownership over underlying assets, giving users a higher return on their capital. As mentioned above, companies wishing to issue blockchain based bonds will save a lot of time and money doing so.

[Labrys.James]

I'm seeing that Labrys is a great project but in bond we get one time profit .Bond profit is fixed but labrys token price is unknown??

Interest received from bonds will be fixed yes. There will be multiple options available once the full platform is launched such as pegging the underlying asset to a fixed value or letting the underlying asset fluctuate.

[kyanscadiel]

Do you the have the lists of a particular country that is not eligible to participate in the company? But what if there's an investor whose eager to invest in your company but he is not allowed to because he lives in a country that is restricted to participate what would you do?

[Rabby637]

I'm seeing that Labrys is a great project but in bond we get one time profit .Bond profit is fixed but labrys token price is unknown??

Interest received from bonds will be fixed yes. There will be multiple options available once the full platform is launched such as pegging the underlying asset to a fixed value or letting the underlying asset fluctuate.

When the full platform will launch after end of ICO??
Then you are telling that we will get extra benefit with LABRYS token??

[Momoamzad]

It seems  very promising project. A smartbond is a bond created by using smart contracts on the blockchain. Like it.

[hadang]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

Ok. What is the minimum level for the project to continue after the ICO?

[msjuris]

bonds on blockchain. seems revolutionary. are you the first to issue a token like this? i will definitely try your bounty.

[farhan28]

Labrys use Blockchain technology to democratise the bond market for all investors and provide access to fixed income markets through a smartphone, tablet or PC. The Finance industry is slowly making a transition towards Blockchain technology

[CodeBios]

What struck me most was the information contained in the project, very clear, direct and complete, the project so far seems to be promising, I hope it can go forward, so I can know if over time the project will comply with everything it says. success.

[seriin]

Having the ability to provide access to bond markets through your smart device, is a great idea for every users of Labrys. It's an ease of access to each one of us, especially today that smart device are all just everyone to anyone. I hope that Labrys will continue its leading its transition for the Debt Capital Market.

[Labrys]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

Ok. What is the minimum level for the project to continue after the ICO?

The minimum level of capital for us to continue will be 1 million USD. If the minimum is not raised during our token sale, all contributions will be returned to investors automatically by the smart contract.

[Labrys]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

what will happen to your investors of you did not reach the amounts of profit you expected to gain?

If we do not reach our minimum funding target of 1 million USD, all contributions will be returned to investors by the smart contract.

[yungod]

man this seems like a revolutionary idea, i haven't heard of anyone doing this thats as far ahead as you guys! the first mover advantage is huge as others a years away. i have a few questions about the project. theres a lot of circulating coins how will you maintain the value of your LAB token and make it not fall? also will we be able to openly trade these tokens on exchange?

[lennaertminer]

Love it. I am a designer and must say that the design is really good.

[Labrys]

man this seems like a revolutionary idea, i haven't heard of anyone doing this thats as far ahead as you guys! the first mover advantage is huge as others a years away. i have a few questions about the project. theres a lot of circulating coins how will you maintain the value of your LAB token and make it not fall? also will we be able to openly trade these tokens on exchange?

Thanks for your comment. Yes, LAB Tokens will trade freely on cryptocurrency exchanges after ICO. As we've mentioned before, the price of LAB Tokens once traded on the open market will be determined by supply and demand and thus price is out of our control. However, we have structured the use of the token in a way that will create price support and limit supply:
- LAB Tokens are locked up in smart contract while in use (reducing circulating supply)
- When paying users' interest payments in LAB, these will be purchased off the open market (creating price support)

[kyanscadiel]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

what will happen to your investors of you did not reach the amounts of profit you expected to gain?

If we do not reach our minimum funding target of 1 million USD, all contributions will be returned to investors by the smart contract.

if you do not reach the target amount, all contribution will return back to investors but wil they recieve the exact amount of what they invest or just 50% of it?

[s2sallbygrace]

It's very good that you guys are straight forward on your goal that every person is ofcourse, wanting to earn profit. May I just know would you be providing your own e-wallet? And as an addition, how well is your security? Would you guys be taking effect on 2FA or SMS confirmation?

Yes, we will be releasing our own wallet, the Labrys Wallet, where users can manage their bond portfolio directly. The wallet will be secure with industry standard 2FA and private keys encrypted and stored on users device.

you have your own wallet too. Good to here that it has private key encrypted, does this also have double IP restriction?

[Labrys]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

what will happen to your investors of you did not reach the amounts of profit you expected to gain?

If we do not reach our minimum funding target of 1 million USD, all contributions will be returned to investors by the smart contract.

if you do not reach the target amount, all contribution will return back to investors but wil they recieve the exact amount of what they invest or just 50% of it?

In this event, investors will receive their entire investment back, minus the gas fees used by the network

[hadang]

New project! Hey, during the ICO what will be the exchange rate for ETH to Labrys?

The ETH/LAB exchange rate will be announced closer to the ICO but will reflect a $0.10USD/LAB price.

Ok. As you say: " Labrys is a decentralized network that extends the efficiency of the global bond market through the use of smartbond technology." What is "smartbond technology"?

A smartbond is a bond created by using smart contracts on the blockchain. The Labrys platform will allow companies to easily issue new bonds directly on the blockchain, known as a smartbond.

Great. Companies can issue their bonds easily without having to be as complex as before. However, very few companies know about the project.

Exactly, this is why we need the communities help to raise awareness of what we are doing. If you'd like to help us grow our community and be rewarded for it head over to our BOUNTY THREAD for details

I have one question: Will the project continue if the capital is not enough at the end of the ICO?

If minimum raising amounts are not reached the project will not be able to go ahead, unless we receive substantial funding from traditional venture capital.

Ok. What is the minimum level for the project to continue after the ICO?

The minimum level of capital for us to continue will be 1 million USD. If the minimum is not raised during our token sale, all contributions will be returned to investors automatically by the smart contract.

Hope the project can continue. How long will it take to return the investment to the customer?