Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 28/11/2017, 09:05:39 UTC
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.

Since I am a little investor, would it be possible for me to go on with the big guys? I hope you get what I mean.

Investing $10 into bonds will undergo the same process (bar different security level requirements) as $100,000 investment would. So yes, it is possible.