Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lykke - Semi-decentralized Exchange on the Blockchain
by
tempus
on 13/03/2017, 09:02:56 UTC
Thanks Tempus, I can wait till then though it will be more interesting to see the Business Report and get clarity on the business model, the markets and revenue streams and the strategic direction of Lykke.

Do you also know what is the number of outstanding Lykke coins? At the moment some are held by the company and by the founders, but I guess it's not clear to me how many coins are in distribution to the public. Coinmarketcap shows this number as 30,000,000LKK.



There are basically 4 groups, or even 5:

Company
Team-Members
Angel-Investors
Sept-Oct 2016 ICO-Investors

Plus: LKK1Y-crowdfunding


The 30 million LKK are those that were sold to the public during the ICO in Sept-Oct 2016. The LKK1Y are forward-contracts and not on the market yet but will stream in in about 1 year.

The 30 million is most likely not totally correct because no LKK are restricted but it can be assumed to be about right because the company, team-members and Angel-Investors are in for the longterm.

I personally believe that also a majority of ICO-buyers are longterm-focused.