Great project - so in summary, this project aims to allow small time investors to access the bond market of traditional companies, through using their cryptocurrency?
I've noticed a few other fintech/investment type ico's recently, but many focus on investing in other coins. Is your intent to flip it and focus investment more on traditional companies and bonds, but with cryptocurrency (through Labrys tokens) being the method of providing the capital?
Correct, investors of all sizes and from anywhere in the world will be able to fund their wallet with LAB tokens and gain ownership over bonds on offer to start receiving regular interest payments. Further down the development lifecycle, companies will be able to issue smart bonds directly through the Labrys Platform, completely bypassing traditional methods.
Thanks. And would Lab token holders choose the bonds they wish to invest in, or would the company, or would you be making recommendations on bonds?
Mainly asking to see if there will be a 'financial advisor' aspect to the platform, or if it is more a conduit to bond markets with Lab holders deciding where they want to invest.