Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lykke - Semi-decentralized Exchange on the Blockchain
by
talktopab
on 08/05/2017, 09:46:08 UTC
Hello,

I own some Lykke and I am excited about the project. There is a similar project, Melonport (https://bitcointalk.org/index.php?topic=1763204.0), running on ethereum. I find them very similar and at the end of the day offering similar products. Do you see any difference between the two?

As tempus explained Lykke current focus is a little different to Melonport. As far as I understand Melonport is creating a protocol that can be used to build tools for managing funds and tradeable assets. Kinda like Gnosis would be the base layer of prediction markets from where a company/site like Bet365 could be built on top on.

Lykke does not aim to be only "just an exchange" though, there are many plans for the future, including offering your own company stocks, create custom trading instruments and many other exciting ideas.

You may check out this Lykke Accelerator overview where more info about turn-key services are discussed:

https://www.lykke.com/company/news/lykke_accelerator

Lykke is more like an electric share, so it is impossible to list on main crypto exchanges, but it is on its active exchange, that is awesome.

Thanks for your inputs. There is a new ICO, nothing strange these days, offering a very similar service to Lykke: https://www.bancor.network/ What is your opinion? I think the competition will be huge and perhaps only one-two will survive. I like the fact that Lykke is done over colored coins, this gives it stability. The fact is that Lykke is a private company with very clear lead is also a plus ... or it may be seen as negative depending on who you talk to

Something that could potentially make bancor more competitive would be the immediate addition of all crypto to their exchange portfolio. In this regards Lykke is progressing very slow with only solarcoin listed. And Bancor will also exchange at a 0% (almost) fee