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Lykke (LKK)

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What is Lykke?

Is a movement to build a global marketplace for all assets and instruments. Our marketplace will use the distributed ledger technology pioneered by Bitcoin to offer immediate settlement and direct ownership.

The ultimate goal of Lykke is to enable every person in the world to have market access and issue his or her own currencies. If we succeed, we can establish human rights for market access and issuance of means of payment.

Distributed ledger technology offers a unique opportunity to rewire the existing financial system for substantially greater efficiency and equality of access. We will use the technology as a global notary service to record and settle any type of transaction. We will build a single global marketplace, where world can be traded and exchanged for any other asset at a fair market price. Initially, we will focus on foreign exchange, but we plan to expand into money market instruments, bonds, equities, and so on. Our software is open source; see Lykke GitHub

Our company is registered in Switzerland and crowd-based at all levels, with citizen-contributors from around the world.

General information

Our marketplace will use the distributed ledger technology pioneered by Bitcoin to offer immediate settlement and direct ownership. The ultimate goal of Lykke is to enable every person on the world to have market access and be able to issue his currencies. If we succeed, we can establish human rights for market access and issuance of means of payment.

The distributed ledger technology offers a unique opportunity to rewire the financial system and create a highly efficient financial system. We will use the technology as a global notary service to record and settle any type of transaction. We will build one global marketplace, where any asset from around the world can be traded and exchanged for any other asset at a fair market price. Initially, we will focus on foreign exchange and will expand to money market instruments, bonds, equities, etc. We will earn our revenues from microscopic transaction fees of the volume traded on our exchange. Our software is open source.

Lykke is Swiss registered company that is crowd based at all levels.

Vision

Lykke will create a single global marketplace, where any sort of financial instrument can be traded and settled peer to peer with second-by-second interest payments. Unlike the structure of prevailing markets, ours will be a level playing field to which anyone with an Internet connection can have access.

Our marketplace utilizes the blockchain pioneered by Bitcoin to offer immediate settlement and direct ownership. All the software that serves as the foundation of the market will be developed in open source.

Commissions are zero. We anticipate ample trade volumes. Our revenue will come from providing liquidity, offering issuance services, and supporting institutional clients.

More information:

Original Whitepaper: https://lykke.com/colored_coin_exchange_white_paper.phppaper
Website: https://lykke.com
ICO: https://lykke.com/ico
Landing page: http://www.lykkex.com
Wiki: https://wiki.lykkex.com
Github code: https://github.com/LykkeCity

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Funding and share information:

Lykke is based in Switzerland and also has issued LykkeCoins, see:
Asset ID: ANEjN5ngJJefc8RjKZHeAc37uHKzpwdsc8
Asset webpage: https://www.coinprism.info/asset/ANEjN5ngJJefc8RjKZHeAc37uHKzpwdsc8

There exist  1,250,000,000 Lykke coins (LKK). 100 coins represent 1 share in the legal entity. Lykke AG is based in Zurich Switzerland. The founder of the project is public and has considerable background, having founded Oanda, one of the largest Forex brokers.

Lykke has recently closed an investment round of 0.5 Mio CHF with angel investors at a valuation of 15 Mio CHF. We are adjusting the bid and ask price per share to 1.40 and 1 CHF, which corresponds to 0.014 and 0.01 CHF per Lykke coin. The bid and ask quotes will change in response to demand and supply

LKK research and contribution program (ended)

A total of 100,000 LKK (circa 1,000 CHF) has been awarded to contributions, i.e. posing interesting questions or contributing content to the wiki, forum posts, etc.

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