Lykke will be the first Forex exchange in the crypto currency community that has a plans of trading anything with no cost to trade. It could potentially monopolize the world trading market in the future. Already using Bitcoin and colored coins ( used to trade assets on Bitcoins block chain), they just recently added some more items to trade on its exchange. Right now its on IOS and Android as an app, but they will have a website up as well. Just to give an idea this is what they just added to the exchange:
Australian Dollar, Canadian Dollar, Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, Israeli New Shekel,Mexican Peso, Norwegian Krone, New Zealand Dollar, Polish Zloty, Russian Ruble, Swedish Krona, Singapore Dollar
Turkish Lira, South African Rand, Silver, Gold, Palladium
Lykke also added the ‘Lykke Accelerator’ service "which offers custom integration of the company’s trading platform and app to its existing products, turn-key wallets, and digital products to exchange, the release stated. The accelerator platform is currently offering currencies and the potential for trading many different types of assets. The turn-key applications include digital banking that provides security and immediate settlement, a peer-to-peer lending wallet that simplifies the entire value chain, industry groups, and consortia, IoT wallet that allows devices to spend money, merchants that are looking for cross-border loyalty and points systems, among others." Econo Times.
Ethereum announced that Lykke will start using the Ethereum block chain as well. Adding Ethereum just goes to show that Lykke is going to add everything that people want to trade with. Ethereum could eventually unseat the great Bitcoin blockchain. We should eventually see all of the different cryptos on this exchange.
Richard Olsen has a proven track record being Forex person of the year in 2016 and has had one of the best Forex businesses around for many years with Oanda. With him being the back bone of Lykke, we are going to see something revolutionary not just in the crypto space but markets in general making a platform where anything can be traded from all over the world in a instant, securely, with no cost. It will be the Amazon of exchanges. He is working hard getting regulation all over the world to make this platform come to fruition even in the USA. He has also built a great team of very talented people and developers. I believe they will find a big pot of gold at the end of this pretty rainbow.
Slack channel ( just added)- https://lykkecommunity.slack.com/shared_invite/MTY1NDQwMjM3NzgzLTE0OTEzODM3ODQtZTIwMGE2Mzk4Mg
You can download the App here (IOS or Android): https://www.lykke.com
Pictures:
Lykke features- SlideShare
Lykke exchange- StartupValley News
Lykke accelerator- StartupValley.news
Lykke road map- Bitcointalk.org
Richard Olsen Forex 2016- About FXStreet
Pot of Gold- Home - BMT Micro
https://trello.com/b/IV0PH2gs/lykke-roadmap This is what Lykke is going to do in the near term and long term.
I'm excited about Lykke too. There is a lot of work ahead for this team, but as Richard also said...a lot of fun too.
Good points in this article. I was about to post a similair thread. Buy and hold for the upcoming 3 years and the blockchain market will find it's way. I was researching a way to find more info about the current cryptocoins on the market. I really advice people to take a look at: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. Go to: https://www.coincheckup.com/coins/Lykke#analysis To watch Lykke Investment research report.