I know these kinda questions go nowhere, but ... where do you guys see Lykke the next 1-3 years?

If everything goes according to plan I think Lykke has the potential to become a unicorn in the next 1-2 years (that's 1 billion market cap). In this case the marketcap will make more sense since we are holding actual shares and equity of the company with our LKK coins.

I believe they are at the right location and at the right time for this to happen. One should invest in ideas yes but most importantly, people. I invested in Ethereum because even if it's a risky experimental technology you can see there are some very smart young people working or eager to work on it.

Lykke has a great team with a vision, and a proven leader with experience in this feel. And we can already experience the quality of their products so to me this is one of the less risky investments in crypto right now.

In the next 3 to 5 years it will probably be one of the most used sites to trade on. What these other exchanges do now like poloneix, Lykke will be able to do but also trade much  more including things on a stock exchange and forex exchange. Its a big project but Olsen is the one guy that can get the job done. They could have the biggest market cap even surpassing bitcoin quite easily if it runs smoothly over the next 5 to 10 years. Not a lot of marketing yet so people have no idea how big this is going to be and this is coming from a person with a very pessimistic personality with crypto currencies.

A web-based-terminal is already in development. I don't know when release will be but I also hope soon.


Btw: Some days ago I've found this video with Bill Gates and he explains very good why a focus on mobile is a very good decision. It's nearly as if he talks about Lykke ;-) 

Bill Gates on Banking the "Unbanked"
https://www.youtube.com/watch?v=yWCuMKXRJq0

No worries - all questions are welcomed!

Right now the platform is only accessible over the App but a web-based-terminal is in development and also a desktop-app will come. Maybe one can imagine the future Lykke as "Oanda-on-blockchan" (since Richard Olsen is co-founder and former CEO of https://www.oanda.com).

And yes, LKK-shares are only tradable on Lykke until now but it's planned to get them on Polo and Kraken. Won't be next week and I believe also not next month, but it's on the table.

Ah, thanks! Didn't recognize that part.

Main-business of Lykke will be market-making --> using the spread. One can think of it as a flexible fee and goal is a very thin spread of course. The whole market is always adjusting, but I couldn't explain how it's done. Richard Olsen, but also Sergey Ivliev and some others, are true experts when it's about market-economics.

Once they have a little bit more time I'll suggest that somebody will write an article to explain it all in layman-terms ;-)

But, Lykke will be about many aspects: financial products, payment system (plus debit card), p2p-lending, maybe also prediction market, information-system, crowdfunding-platform and they also build software for other companies but I don't know any details about that.

Key will be volume. Lykke will be much more attractive once it's fully developed and once they'll add pretty much everything what's significant in Crypto and beyond, forex-trading and shares and so on. Important are regulations. That's the reason why they push that topic so much and they do it all over the world.

In that context, the most recent article again (about progress regarding regulations): https://www.lykke.com/city/blog/lykke_news_digest

I'm currently running a test-version (IOS) and it is a little bit different and there it is possible (Settings --> Base Asset, then it shows the Total Capital in that currency). I believe to remember that it already is possible in the actual version that is out right now but a little bit different: If you go on Exchange you can click on an asset and if I recall it correctly that should also determine how the total value is shown, but could be wrong. Problem is, I can't try it out myself. ;-)

But either way it will be there in the coming version that will include margin trading and a lot of other little improvements. I believe users will like it because it is more simplified in one way but also with more intuitive functionality and nice little features. Below some screenshots that I've posted last week:



I'll also forward your second suggestion to the team!

Reason Nr 1 is most likely the Bitcoin-rise since the ICO. BTC went from about $600 in Sept/Oct to an ATH and now there is the correction because of the ETF-disapproval and all the drama because of an anticipated hard fork and split. Reason Nr 2 may be that Lykke is in an early stage. Only those who recognize it's potential to grow are already attracted.

But: LKK is just about 4% below ICO-price and with all what will come during the next weeks and months there is a lot of potential in my opinion.

Right! That is because of good news:


EKWATEUR SHAKES THE OLD WORLD OF ENERGY SUPPLIERS March 17, 2017
FRENCH ENERGY SUPPLIER “EKWATEUR.FR” TO ACCEPT SOLARCOIN AS MEANS OF PAYMENT FOR ENERGY!
http://www.electricchain.org/ekwateur-shakes-the-old-world-of-energy-suppliers/

Margin Trading: I'm not sure if it already will be possible right from the start once margin trading is released but I believe it will come (I don't know of a reasons why not).