Home Lykke – Blockchain-powered Exchange Coin Offering Doubles Number of
Forex Bits

Lykke – Blockchain-powered Exchange Coin Offering Doubles Number of

Lykke (lykke.com) is a new kind of decentralized exchange founded by Richard Olsen, who previously founded and was CEO of OANDA. Lykke’s goal is to be the single exchange for any kind of cryptographic token, whether it represents currency, commodities, equity, land, diamonds, or any other asset. The exchange has several unique features.

The firm has announced the doubling of the number of shareholders. More details are here, from the official press release:

Lykke, a Swiss Fintech company building a global blockchain-powered marketplace, today announced the results of the first 10 days of its ICO (Initial Coin Offering). 547,430 Swiss francs have been raised through the sale of almost 11 million Lykke coins of 30 million available. The number of Lykke coin holders has more than doubled.

Founded by Richard Olsen, previously founder and CEO of forex innovator OANDA, the company offers fee-free trading of major currencies and Bitcoin. Lykke has closed three rounds of funding for 1.56 million Swiss francs. The company now offers its equity tokens for sale to people who believe in and want to help build the platform.

Anyone over 18 (except US citizens) can download the Lykke Wallet application for iOS or Android and buy Lykke coins for Swiss francs, US dollars, Bitcoin, and Ether. The offering will last till October 10, 2016. After the campaign the price of Lykke coins will float with market demand.

“It is not the money we have raised, but the diversity of our growing community that we appreciate most,” says Olsen. “For us it’s a sign that people with various backgrounds believe in the Lykke Exchange and blockchain technology to revolutionize the present-day financial system.”

The Lykke Exchange will trade all classes of financial instruments, issued in the form of colored coins, to enable direct ownership and immediate settlement. The platform offers a number of new features for exchanges. Details can be found at the company’s offering deck (http://www.slideshare.net/pullnews/lykke-crowdfund-i) and ICO web site (ico.lykke.com).

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.