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Showing 7 of 7 results by Labrys.James
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Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 06/12/2017, 03:03:41 UTC
I'm seeing that Labrys is a great project but in bond we get one time profit .Bond profit is fixed but labrys token price is unknown??

Interest received from bonds will be fixed yes. There will be multiple options available once the full platform is launched such as pegging the underlying asset to a fixed value or letting the underlying asset fluctuate.
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Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 29/11/2017, 11:51:44 UTC
Just a silly question, from where did your team got inspired about the bonds name?

We decided to use Labrys as it's Greek meaning is "A double-edged sword" which is often used as an analogy for financial markets, in that they can swing both ways. 
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Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 29/11/2017, 00:35:39 UTC
How much the minimum deposit? I read your benefits of bonds, how much do i earn in bond?

Hi, there will be no minimum deposit to contribute to the token sale or purchase bonds. Interest returned from bonds typically ranges from 3-10% depending on risk level, although we expect to be able to return higher rates when dealing directly in smart bonds.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 28/11/2017, 12:16:46 UTC
Does the ICO have airdrop? bounty?


We will be running a Bounty campaign yes. The thread will be up shortly.
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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.
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Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 28/11/2017, 08:54:56 UTC
Will your coin be listed on any exchange? Are you guys in need of translators as of the moment as well?

We are communicating with small, medium and large exchanges to add LAB tokens as soon as the ICO is complete. Will update as soon as we get confirmations. Join our Telegram channel to be sure not to miss any news  Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO]❗ LABRYS ❗ Bringing Bonds to Blockchain
by
Labrys.James
on 28/11/2017, 08:42:12 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.