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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 4 KB, 368x137, LCX_Tokenization.png [View same] [iqdb] [saucenao] [google]
53733503 No.53733503 [Reply] [Original]

To my crypto /b/rothers:

Tokenization of real world assets will be the next big thing in crypto and LCX is leading the way.

No financial advise - DYOR!

>> No.53733530

>>53733503
/biz/ doesnt care and will never listen dont bother posting about it here. it came and went last cycle and for all they know its gone for good.

>> No.53733649

>>53733530
Profound argumentation. Well maybe you are right and it is not the best board to share this project. Simply because of guys like you. Nonetheless, think abt me in a couple of years.

>> No.53733658

>>53733503
coinmetro can already do this thanks to now owning ignium

>> No.53733682

Can I get some spoonfeeding on LCX? I'm almost done with my primary bag, looking to diversify.

>> No.53733691

>>53733658
well thats just a straight up lie isnt it

>> No.53734119
File: 456 KB, 1603x1553, lcx scam.png [View same] [iqdb] [saucenao] [google]
53734119

>>53733691
No it's true, they have been doing it since 2020. It's nothing special.
>>53733682
It's a scam.

>> No.53734231

>>53733682
Got regulatory approval to issue EU bonds a few days ago, first crypto to get the legal green light. Fudders will say it’s only Lichtenstein except it’s been passported to be available legally to 30 other EU countries. With BUSD under scrutiny this is like the WEF approved Binance. Also just partnered with Polygon. Hit 70c last bullrun and I’m hoping for $4+ this one, it’s already way up in sats.

>> No.53734793

>>53734231
exactly this

>> No.53734951

>>53734231
>Fudders will say it’s only Lichtenstein except it’s been passported to be available legally to 30 other EU countries.
Fascinating, why is there no source for this on their website. According to a paid news article
https://www.bloomberg.com/press-releases/2023-02-08/lcx-gains-regulatory-approval-for-first-10-million-euro-tokenized-bond
> The security prospectus has been passported across all countries in the European Economic Area (EEA)
What does that mean exactly? How can you passport a security prospectus? I am the only person to ever point out how LCXs licenses can't be passportable so this feels like a direct reply to my shitposts on /biz/ lmao.

>> No.53734992

https://www.lcx.com/wp-content/uploads/EN-2023-02-01_Wertpapierbeschreibung_LCX-EURt7_signed.pdf
>The securities will initially be offered to the public in the Principality of Liechtenstein.
Notification to other jurisdictions shall initially be made to Germany, Austria, Denmark,
Finland, Sweden, France, Italy, the Netherlands and Luxembourg. Notification to other
jurisdictions of the European Union and the European Economic Area is expressly
reserved
So when can non Liechtensteiners buy?

>> No.53735024

https://www.lcx.com/wp-content/uploads/EN-2023-02-01_Registrierungsformular_LCX-EURt7.pdf
MAIN MARKETS
The Issuer operates in the Liechtenstein market. It reserves the right to expand its
business operations to other member states of the European Economic Area.

>> No.53735071

The paid article by Sumit Sagar is unclear. Are only people in Liechtenstein allowed buy on March first with everything else coming soon bro? Did he accidentally say passported instead of translated to show that the terms of the bond were offered in the language of 30 countries?
https://www.lcx.com/EURt7/

>> No.53735181
File: 349 KB, 1484x1528, EN-2023-02-01_Endgultige_Bedingungen-Nr-01_LCX-EURt7.pdf.png [View same] [iqdb] [saucenao] [google]
53735181

There is no secondary market and you get a nominal value that doesn't beat inflation if you hold for less than 7 years.
At least ICP fags with their 8 year lockup earned interest in crypto and had a potential for gains. Nobody is going to lock up Euro for SEVEN YEARS with the very real risk of LCX insolvency in the meantime when they could just buy BTC and earn far more.

>> No.53735260
File: 97 KB, 1464x414, Last desperate grasp for exit liquidity.pdf.png [View same] [iqdb] [saucenao] [google]
53735260

>> No.53735289

>>53735071
Don't look at section 2.10.

>> No.53735392

>>53735289
That seems to be because that section was too long to put through google translate. It is in the original German. Real companies make mistakes like forgetting to translate legal documents all the time. Right?

>> No.53735457

2.10. COUNTRY/COUNTRIES OF PUBLIC OFFER
The securities will initially be offered to the public in the Principality of Liechtenstein.
Notification to other jurisdictions shall initially be made to Germany, Austria, Denmark,
Finland, Sweden, France, Italy, the Netherlands and Luxembourg. Notification to other
jurisdictions of the European Union and the European Economic Area is expressly reserved.

>> No.53735518

>>53735457
Yeah, I copy and pasted that here >>53734992
It implies that initially only Liechtensteiners can buy.

>> No.53735580

Only holders of Subordinated Notes, i.e. persons entitled to dispose of the relevant Token
issued by the Issuer for the purpose of digital securitisation as uncertificated securities, may
claim benefits under the Subordinated Notes.
>Digital secuitisation of uncertificated securities
This means if you did find a way to sell on a third party service the new owner gets no interest. What supposed advantage does this offer to currently available methods of buying bonds.

>> No.53735735

>>53735260
Why doesn't their balance sheet show their assets?

>> No.53736127

https://www.lcx.com/wp-content/uploads/20230201-LCX-Earn-for-EURt7-Allowed-Countries.pdf
>The funds will be invested for liquidity
growth at LCX Exchange and for general operational development at LCX.
LCX is insolvent

>> No.53737704

>>53736127
Listen here you disgusting little coin metro tranny, ive already made up my mind and bought LCX and there is nothing you and your army of mentally ill troons can say to get me to sell.

>> No.53737780
File: 261 KB, 1800x980, 1676510905479202.jpg [View same] [iqdb] [saucenao] [google]
53737780

>>53737704
I am not little.

>> No.53737842

>>53734951
>>53734992
>>53735024
>>53735071
>>53735181
>>53735260
>>53735392
>>53735518
>>53735580
>>53736127
>>53737780
thx I unironically boughted you retard asia nigger tranny retard
if you wonder who sold 100k XCM for 0.6 EUR/pc when there were still some buy orders (kek), IT WAS ME

>> No.53737862

On that subject, STBU worth looking into. Regulatory compliant already.

>> No.53737900
File: 699 KB, 685x531, .png [View same] [iqdb] [saucenao] [google]
53737900

>>53737704
>you disgusting little
>mentally ill troons
The strongest lcx debater
vs
> Did he accidentally say passported instead of translated to show that the terms of the bond were offered in the language of 30 countries?
>There is no secondary market and you get a nominal value that doesn't beat inflation if you hold for less than 7 years.
>This means if you did find a way to sell on a third party service the new owner gets no interest
The weakest coinmetro debater

>> No.53737919
File: 571 KB, 468x351, 1676493277537226.gif [View same] [iqdb] [saucenao] [google]
53737919

>Attacking the girl (male) not the arguments

>> No.53737960
File: 148 KB, 300x267, 5e1d8dc34613a09f.png [View same] [iqdb] [saucenao] [google]
53737960

>>53737900
Rude! I am doing my best.

>> No.53738023
File: 182 KB, 960x1280, IMG_20230216_190454_352.jpg [View same] [iqdb] [saucenao] [google]
53738023

Imagine falling for that red cheeky con-man and his indian code monkeys

>> No.53738266

>>53737900
There is nothing to debate when my investment strategy is doing the opposite of what faggot trannies tell me.

>> No.53738603
File: 219 KB, 850x1203, sample-65fb36ffb22e7c66a207b4d62c196b1d.jpg [View same] [iqdb] [saucenao] [google]
53738603

>>53733503
How it started
>To my crypto /b/rothers:
>Tokenization of real world assets will be the next big thing in crypto and LCX is leading the way.
>No financial advise - DYOR!
How it's going
>my investment strategy is doing the opposite of what faggot trannies tell me.

>> No.53738641
File: 56 KB, 1068x601, 3B6BE187-6E80-4DA4-AEAE-A339D60E6A70.jpg [View same] [iqdb] [saucenao] [google]
53738641

>>53737919
>Attacking the man and not the argument
>Not taking investment advice from troons

>> No.53738721

>>53738641
>posting from phone
>almost like a samefag does
>only one on this board with this opinion
If I didn't know any better I would say, that you are fagging as yourself! Sad!

>> No.53738884
File: 62 KB, 570x537, A8B7337F-ACBB-4493-9D27-0A9F438533E3.gif [View same] [iqdb] [saucenao] [google]
53738884

>>53738721
>NO!!! YOU CANT PHONE POST
>NO!!!!! Its impossible for more than one person to have the same opinion as you, YOU MUST BE SAMEFAGGING!!!!!!

Nice projection tranny. Everyone knows youre the one who is samefagging

>> No.53738948

>>53738884
Yes I am samefagging, I am Z2cBCTH/, what is the problem you seem to have exactly.

>> No.53738963

>>53738948
Wanna make out?

>> No.53738979

>>53738963
Sry I have a gf.

>> No.53739036
File: 7 KB, 250x238, pepe questioning.jpg [View same] [iqdb] [saucenao] [google]
53739036

>>53738884
>>53738948
>>53738963
>>53738979

Weird turn

>> No.53739057
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53739057

>>53738979

>> No.53739073
File: 2.10 MB, 3840x2160, .png [View same] [iqdb] [saucenao] [google]
53739073

>>53739057
Her name is epiphone les paul muse

>> No.53739126
File: 230 KB, 548x642, 1436412508999.png [View same] [iqdb] [saucenao] [google]
53739126

>>53739073
Do you have sex with her?

>> No.53739153

>>53739126
I play with her string, she is a minor.

>> No.53739219
File: 271 KB, 1080x1084, B97B88C5-46D6-47A6-90E5-E469982AAD9D.jpg [View same] [iqdb] [saucenao] [google]
53739219

>>53737842

>> No.53739261

>>53733503
scam

>> No.53739324

this lcx vs xcm shit is the most hilarious slapfight I've seen here

>> No.53739499
File: 759 KB, 1440x2960, Screenshot_20230216-143218_Chrome.jpg [View same] [iqdb] [saucenao] [google]
53739499

>>53733503
LCX is a worthless shitcoin for an exchange no one uses
I mean just look at the volume of where it's being traded. The vast majority of people that buy LCX don't even do so on thr actual LCX exchange

>> No.53739753
File: 27 KB, 231x330, true love.png [View same] [iqdb] [saucenao] [google]
53739753

>>53739324
I argue like this about every CEX but only LCX and CRO holders get mad.

>> No.53740230

>>53733503
Allianceblock is also doing a good job in that. Now we can tokenize physical art works, thanks to it's Nexera protocol.

>> No.53740666

>>53739499
That's what speculation is about - get in early. Otherwise you always miss the 100x opportunities.
The exchange will be updated sooner than later.

>> No.53740955

>>53740230
I also saw the news about its partnership with artbanx, which made tokenization of artworks possible

>> No.53742023

>>53740666
>That's what speculation is about - get in early. Otherwise you always miss the 100x opportunities.
>The exchange will be updated sooner than later.

This year will mark the 4th anniversary of LCX, if they were to be successful it would have already happened by now

>> No.53742038

>>53733503
Well at least it's better than NFTs. Also your memecoin is probably not going to be how it's done.

>> No.53742068

Holy seethe kek coinmetro trannies can't stand not being able to sell.

Reminder LCX has 5x's since the start of the year and coinmetro has dumped HAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAH

>> No.53742189

Onni-chan, Y-you're advicing me!! iiiieeeeee!!

>> No.53743377
File: 28 KB, 480x360, 0E3C55C5-C26B-4A36-A814-49DD2E86AA33.jpg [View same] [iqdb] [saucenao] [google]
53743377

>>53734951
>>53734992
>>53735024
>>53735071
>>53735181
>>53735392
>>53735580

>> No.53743427
File: 84 KB, 767x540, lcx you-will-own-nothing.jpg [View same] [iqdb] [saucenao] [google]
53743427

>>53739499
>worthless shitcoin
Owns regulation, owns tokenization

>> No.53743556

>>53743427
In Liechtenstein.

>> No.53743641
File: 171 KB, 1440x900, Tokenized Bond.jpg [View same] [iqdb] [saucenao] [google]
53743641

>>53743556
pic rel

>> No.53743643
File: 104 KB, 803x688, 157.jpg [View same] [iqdb] [saucenao] [google]
53743643

>>53743556
>Liechtenstein
Well, it's a start, c'mon give me some hopium

>> No.53743666

>>53743641
>>53734951

>> No.53743730

>>53734951
This is straight from their website, I’m not sure they’d be advertising a product they’re not allowed to when they’ve been absolutely focused on regulations.

EURt7 Tokenized Bond

Earn 7% Fixed-Yield per Anno.

LCX issues a 10 Million Euro Tokenized Bond. Security prospectus published and endorsed by the regulator. Available in the European Economic Area (EEA), making the new fixed-yield tokenized bond available to verified LCX users in 30 countries including Austria, Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and Czech Republic.

>> No.53743740
File: 182 KB, 960x1280, office.jpg [View same] [iqdb] [saucenao] [google]
53743740

>>53743666
Dude then call the Liechtensteinian SEC and report bad LCX making fraudulent claims or something. Tell them Monte and Sumit are eating curry at HQ RIGHT NOW.

>> No.53743753

>>53743666
also checked

>> No.53744028

>>53739324
>lcx vs xcm shit is the most hilarious slapfight
only way it could get better is if LCX introduces something to compete with Link

>> No.53744852

>>53743666
>>53743730
Hello?

>> No.53745148

>>53733682
Diversifying is based oldfag, I am yet to get in on LCX as I haven't completed research on the alt. Others that are on my radar are Arweave for decentralized data storage and Sylo for decentralized communication

>> No.53746316

>>53733503
Algo has already done that.

Copywrites DYOR

>> No.53747520

>>53744852
Good morning sir.

That doesn't explain anything and it has only been endorsed by the regulator in Liechtenstein which isn't passportable. They are offering it in other countries but do not have a clear legal framework to do so. I like that you ignored everything I posted and copy and pasted a press release.

>> No.53747527

>>53733503
There are lot of solid projects out there. ORE looks good buy always NFA.

>> No.53747630

>>53747520
You’re right mate. I’m sure that LCX, who’s whole gimmick is their compliance and not operating in any grey areas, have decided to risk their whole fucking company to offer this product to countries that they shouldn’t. Thanks very much bro, makes so much sense now.

>> No.53747664

>>53733503
Why isn't this shit on kucoin?

>> No.53747720
File: 946 KB, 1234x1966, 25ff2b5220f8b1d76cb3850e079cb97e531951e6.png [View same] [iqdb] [saucenao] [google]
53747720

>>53737780
bet you wish you were one

>> No.53748178

>>53747630
>not operating in any grey area
Except Liechtenstein. Here is someone with all the same licenses as LCX shutting down because their licenses weren't passportable. Let me guess? This time it's different?
https://www.coindesk.com/layer2/2022/01/10/why-were-shutting-our-successful-fundraising-platform/
>>53747720
Not really. Moe doesn't exist in the third dimension.

>> No.53748456

Tonight I had a dream about trying cocain for the first time, not sure why.
https://youtu.be/VDtPuiay5yM

>> No.53748711

>>53748178
Oh yeah, this literal who group shut down so that must mean LCX will too. These guys were also selling to 120+ countries, obviously some of these not in the EU. Also if you read your link this random group didn’t get shut down, they voluntarily stopped trading because they weren’t sure if they were in full compliance and wanted to avoid complications.

>> No.53748817

>>53748711
>they weren't sure if they were in full compliance.
They knew they weren't because the person giving them the license says so on their own website
>Recently, some states became more straightforward about the flaws of their innovative laws. Liechtenstein states on its website: “Registration under the TVTG is effective exclusively in Liechtenstein; passporting according to the model of European financial market laws is therefore not possibe

>120+ countries
No, people originally from 120+ countries because the license supposedly covers residency not nationality and there are people from 120+ on any given street in Berlin with German residency status at any given time. Which is what LCX offer too.

>> No.53748849

Nothingburger exchange. Soon all banks and borkers will offer crypto and digital asset trading

>> No.53748873

>>53748849
By integrating with exchanges.

>> No.53749627

Have any of you used LCX ?
Quite bearish when I tried to use it, compared to other exchanges.

>> No.53749666
File: 160 KB, 1326x647, file.png [View same] [iqdb] [saucenao] [google]
53749666

>>53749627
Please dont fuddings LCX sir, many liqudiity, very good exchange.
great orderbook! not bucket shop.

>> No.53749812 [DELETED] 

>>53733503
https://www.youtube.com/watch?v=QUXtGB0b-YA

>> No.53749890 [DELETED] 
File: 105 KB, 827x967, 7EF85DE9-5684-46FC-AC4A-AE0F0F039E8F.jpg [View same] [iqdb] [saucenao] [google]
53749890

Who’s the mystery guy?
https://www.lcx.com/about/

>> No.53749905

>>53749890
I love how crypto people ask who the mystery man is instead of why the fuck a company would ever show a mystery man.
They even show a dead person on the page.

>> No.53749918

>>53749905
>I love how crypto people ask who the mystery man is instead of why the fuck a company would ever show a mystery man.
mystery man bad
sir

>> No.53750069 [DELETED] 

>>53749905
Buy the rumor sell the mystery man reveal

>> No.53750671

>>53749918
No retard. Real businesses don't have mystery men listed as their advisors.

>> No.53750714

>>53750671
sir mystery man much connections

>> No.53751447
File: 173 KB, 1000x667, FojHOlXWYAccAWL.jpg [View same] [iqdb] [saucenao] [google]
53751447

>>53750671
>mystery men
Ever ask yourself why Coinbase would list another rival exchange?

>> No.53751456
File: 1.56 MB, 704x396, Me on the left.gif [View same] [iqdb] [saucenao] [google]
53751456

>>53748873
>>53748849
No. Banks will never offer a hybrid CEX/DEX solution, they would close down sooner than relinquish power like that and this is obviously the direction the market is going.

>> No.53751517

>>53751447
>Ever ask yourself why Coinbase would
Money.
>list
Insider trading, which was proven by the SEC. There is no magic behind why they listed this coin, after the reveal that it was just insideher trading have you not thought about maybe it was all just a larp? nah right, it's part of a bigger secret plan amiright
>>53751456
>they would close down sooner than relinquish power
lol

>> No.53751558

>>53751517
You really think the bank your parents wages get paid into are going to even allow non-KYC wallets? The KYC wallet laws coming in are retarded and unenforceable unless you completely close off crypto to an walled garden ecosystem which no decent exchange will do but retarded boomer banks will attempt to do.

>> No.53752043

>>53751517
>it's part of a bigger secret plan amiright
cope
https://cryptopotato.com/coinbase-eyes-europe-expansion-hires-four-new-executives/