Quote from: texasvsjohnson on March 22, 2017, 04:07:48 PM

Quote from: tempus on March 22, 2017, 01:04:31 PM

Quote from: lamouette on March 22, 2017, 10:25:46 AM

Thanks for your answer @tempus

Something I don't understand about LKK1Y,

Does the total fixed supply of 1,285,690,000 Lykke coins have changed or will change when LKK1Y become LKK ?

If yes:

100 LKK represents 1 share of the legal entity, so LKK's value is lowered since new LKKY (to become LKK) coins came into the game ?? Right ?

No, the total supply doesn't change. That are LKK/shares of the company-treasury. The reason why the price of LKK is a little bit lower since the LKK1Y-sale is more because some sold LKK to buy into LKK1Y and most likely also because Bitcoin hyped during that time. But it's only about 2-4%.

According to the investor deck, the founder and team members own 64% of shares, the Lykke Corporation treasury owns 10%, seed investors own 22%, and ICO and post-ICO investors own 4%. This sale involves another 4%, though it is not clear out of whose portion they are taken. Its actually around 8%

Total supply is 1,285,690,000 Lykke-Coins

The ICO of Sept/Oct was about 30,000,000 LKK --> 2.3%

The forward-contract-crowdfunding was for 50,000,000 LKK --> 3.88%

All together, if the forward-contract already would be counted as usual LKK, that would be 6.22% of the total supply.

Btw, they'll publish an updated financial report in april.