Lykke (LKK) is an open-source and non-proprietary single marketplace where any financial instrument can be traded and settled via peer-to-peer (p2p) with second-by-second (s2s) interest payments sans the interference of 3rd party service providers and/or middlemen. It is where transactions are traded and exchanged for any other digital asset at a fair market price.

Unlike the infrastructure of existing marketplaces, Lykke is a high level playing field where users (with an internet connection) can get full access.

Lykke is a cryptocurrency project of Lykke AG Corporation, it is a Fintech (financial technology) company.

The Special Features of Lykke (LKK)

The Lykke (LKK) cryptocurrency eradicates the marketplace inefficiencies, promotes equal access from anywhere across the globe, and supports trade of any object or value. With that being said, here are its special features:

Zero Based Commissions

Issuance Services

Institutional Clients Support

Lykke Wallet – The LKK digital wallet mobile application is the key element to a hassle – free trading and exchange of fiat currencies and cryptocurrencies, with full support for margin trading. This digital wallet comes with the following features which include balance check, transactions history, blockchain details for all types of transactions at a glance, private wallets for organized funds, Margin Trading Wallet feature (available on selected countries only), private key import, trading/investing assets, operations made easy with its QR code. Having said that, users can buy and sell digital assets such as BTC, ETH, FX, cryptocurrency tokens, and other digital assets on the Lykke platform. The LKK wallet is available to download on Google Play and Apple iOS store.

The LKK digital wallet mobile application is the key element to a hassle – free trading and exchange of fiat currencies and cryptocurrencies, with full support for margin trading. This digital wallet comes with the following features which include balance check, transactions history, blockchain details for all types of transactions at a glance, private wallets for organized funds, Margin Trading Wallet feature private key import, trading/investing assets, operations made easy with its QR code. Having said that, users can buy and sell digital assets such as BTC, ETH, FX, cryptocurrency tokens, and other digital assets on the Lykke platform. The LKK wallet is available to download on Google Play and Apple iOS store. Colored Coin Protocol – This feature enables every financial instrument to be a listed security on the blockchain in the form of a digital token called the Colored Coin (a colored coin is not a cryptocurrency as this has a specific issuer and is backed by real financial assets) via the said protocol. Having said that, the Colored Coin follows the concept of “coloring” a specific BTC – the issuer assures to handout the fundamental assets to an individual who returns the said coin.

This feature enables every financial instrument to be a listed security on the blockchain in the form of a digital token called the Colored Coin via the said protocol. Having said that, the Colored Coin follows the concept of “coloring” a specific BTC – the issuer assures to handout the fundamental assets to an individual who returns the said coin. Distributed Ledger Technology (DLT) – This special feature offers a unique prospect to rewire the prevailing financial system for extensively better efficiency and equality of access. The distributed ledger technology serves as a global notary service to record and settle all types of transactions.

What is the LKK Token

The LKK Token is the native payment system and utility token that is issued by the Lykke (lykke.com). Having said that, have indicated the details of the LKK token:

LKK Token Information Metrics Ticker LKK Cryptocurrency Project Type Blockchain Platform Bitcoin and Ethereum Blockchain Category Not supplied Algorithm Not supplied Jurisdiction Not supplied White paper Not supplied Master node No Funds in Escrow No Restricted Countries United States of America (USA) Team Location Zurich, Switzerland Registered Company Lykke AG Corporation

List of Lykke (LKK) Licensed Exchange Sites

The Lykke exchange platform operates similarly to JAVA in a sense that it is compatible with any blockchain. The LKK exchange is initially used for its main currencies and two innovative projects:

Colored Coins for music copyrights

Colored Coins for CO2 (carbon credit) Certificates

Aside from that, the LKK exchange is made for the perspective asset classes which includes:

Future and options on digital assets

Crowdfunded loans for retail

Private equity financing for Small and Medium – sized Enterprises (SMEs)

Contracts for differences

Zero coupon bonds

Natural capital bonds, and other fixed incomes

The Lykke exchange, together with its tools and services, are open – source; and the transparency of its technology is ideal for research. With that being said, users can buy, sell, and trade the following cryptocurrencies and fiat currencies on the LKK exchange:

LKK Licensed Exchange Sites Trading Pairs LYKKE LKK/CHF; LKK/USD; LKK/EUR; LKK/GBP; LKK/JPY

The Team behind Lykke (LKK)

The Lykke (LKK) core team is crowd – based at all levels with citizen contributors from around the globe. Without further ado, here are the key people behind it:

Richard Olsen – Founder and Chief Executive Officer (CEO); Olsen is a pioneer in high – frequency finance with extensive entrepreneurial experience. He also happens to be a Co – Founder and CEO of OANDA – a currency information company and market maker of foreign exchange (fx).

Igor Samohin – Works on the B2B Projects

Simon Olsen – Product Innovation

Sergey Ivliev – Assigned on the Products and Operations

Demetrios Zamboglou – Assigned on the International Operations

Philipp Richner – Assigned on accounting

Mihail Nikulin – Assigned on technology

Yiannis Menelaou – Works on the LKK Cyprus and ICO platform

Igor Rumiantsev – Assigned on the Product and Program Management

Erwin Fedier – Lykke de Mexico SA (company designation)

Lena Mechenkova – Assigned on communications

Andrey Migin – Works on software development

Tatyana Alimova – Assigned on support

Tim Zinin – Assigned on Marketing

Nicky Chalabi – Assigned on Lykke Netherlands Exchange

Heinrich Zetlmayer – Board of Directors

Alan Laubsch – Assigned on Natural Capital Markets

Oleg Zhelenkov – Works on the backend Architecture and Development

Shahpour Moavenat – Works on the blockchain

Quah Zheng Wei – Assigned on Lykke Singapore

Iulian Circo – Assigned on Natural Capital Markets

Roland Gemayel – Works on the market risk

Svetlana Zhelenkova – Quality Assurance

Philip Netzer – Lykke Switzerland

Delphine Forma – Assigned on the global compliance

Niklaus Mettler

The Lykke (LKK) Roadmap Plan

Lykke (LKK) is establishing a global online marketplace for the free exchange of digital financial assets. It aims to leverage the power of the blockchain technology for fast and highly secure transactions. Given that intention, we have outlined the development progress that the team has accomplished since its launch:

Q4 2016

Margin trading has officially began

Retail foreign exchange (FX) has been regulated

Off chain has been made scalable for more than 100,000 transactions per second

Q1 2017

LKK is now supported by the Ethereum blockchain

Multisignature wallets has been released

Inter blockchain atomic swaps has been released

Q2 2017

Payment system provider has been released

Q3 2017