/biz/ - Business & Finance

Tokenization will make DeFi and NFT's absolute memes by comparison. If you're not convinced, have some red pills:
https://www.weforum.org/events/world-economic-forum-annual-meeting-2020/sessions/from-token-assets-to-a-token-economy
https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-tokenization-of-assets-disrupting-financial-industry.pdf
https://cointelegraph.com/explained/tokenization-explained
https://cointelegraph.com/news/russian-mining-giant-to-tokenize-palladium

For the LCX token itself, it's a given that you'll be able to use them to participate in their STO's. STO's will certainly spark an influx of users and you can expect a portion to stick around for spot trading and the features they are deploying now (multi-exchange feature, terminal, analysis tools, Uniswap limit orders etc), especially when they also become a SEPA fiat gateway. The volume generated will increase the quarterly token burns.

If you have the patience to hold long term, this is as comfy as it gets. According to their roadmap (which was slightly delayed due to the licenses) the first STO's are expected this year. Now that their infrastructure is in place, there might even be one this quarter.

More red pills:
https://www.weforum.org/organizations/lcx
https://fmaregister.fma-li.li/search?searchText=Lcx&number=&category=
https://www.lcx.com/lcx-receives-licenses-from-financial-market-authority-liechtenstein/
https://www.lcx.com/partners/
https://www.bitcoinmag.de/news/liechtensteiner-krypto-boerse-erhaelt-regulatorische-zulassung

Link to exchange:
https://exchange.lcx.com/

Link to token:
https://www.coingecko.com/en/coins/lcx

>>25647219
This is either long term gold or a classic European mountain jew pump and dump

>>25647343
How is it classic p&d when 10 big players put their faces up

Highest IQ thread all day

good thread but anon ideas don't mean shit if monty's team of jeets don't follow through

>>25647482
Team of jeets? They outsource the gruntwork and I guarantee you that every big corp in the world is doing that right now. I work at one of the world's biggest banks and 80% of all DEV/OPS jobs are outsourced to Punnai, India

I might be getting paranoid because I lost a fucking chunk of money with this shitcoin (yes, I know, it's my fault for trusting this crap), but why does every fucking LCX thread get only the same 6-8 replies?

>>25647740
Every other day there is something spicy.. how rare is this with new project.. dummy srsly, this is your first coin you see from start

is this a scam? y/n

>>25647835
DYOR retard

bc most people look for easy gains.
but past performance is not a good indicator.
LCX is legit, but won't pump overnight x100.

>>25647835
Would the World Economic Forum feature a scam project on their site?

Would one of the most influential people in the industry tweet about being happy to be with them?

>>25648014
You should’ve sold at 5 cents it’s over now

>>25648164
How can you be so fucking retarded

>>25647199
Curry shill team is back at it again! Get back to your designated shitting streets pajeets!

>>25648014
is monty part of agenda 2030? hes got the pin that all the globo homo shills wear

>>25648367
Yes

>>25648581
based never selling

>>25647219
tokenization will happen on defi
crypto centralized exchanges will be a thing of the past

>>25648838
By wef that is behind lcx

>>25647397
Because there's 0 repercussions to them if it is a pump and dump, they don't give a shit about their reputation in the crypto world.

>>25649146
Wef backed project with 10 big players putting up their reputation.. yea, no..

>>25649146
Don Tapscott does.

>>25649190
Putting up their reputations...in crypto. Nobody gives a shit about crypto, it's universally seen as an unstable, hyperpvolatile asset class by people with actual financial credentials. Nobody in the real world gives a shit about what crypto retards think, you're a meme.

>>25649264
>man paid to give a speech says nice things about people who paid him

>>25649507
And how many times do you think he's get invited if he was affiliated with a known scam?

How many units of his book would he still sell?

>>25648838
legacy players aren't going near anything tokenized without proper licensing anon.

>>25649609
are you familiar with his work? he's legit, but has definitely backed the wrong horse before. He was an advisor and proper shill for the Jibrel Network too, which to be fair, was a very ambitious project in the same vein. they flopped though. right idea, wrong team.

>>25649609
Define "known scam". How will you "know" its a scam? If it's a pnd then there won't be some big announcement "hey this is a scam!", it'll just happen. The price will go up as they release updates, it will peak, then it will crash. The team will release some kind of update about how they've hit a roadblock or something and the coin will exist in limbo as just another dead shitcoin while everyone moves on.

>>25649882
right.... jibrel network. I've got a pretty good bag of LCX, and I had an even bigger bag of JNT back then. my logic is the same now as it was then.... it's the right idea that's backed by the right people. whether or not they can pull it off remains to be seen. investing in startups is always risky.

>>25649839
>>25649997
Yes.

OP mentions Jibrel in his post as well. It makes sense that he joined LCX.

>>25648014
>>25649190

Its not a WEF project. Its just listed as an organisation on their website, not listed under any of their proect areas. An "advisor" doesn't have to apologise if things go South. Developer and CEO are the only things that matter and I don't like Monty's face. Simple as.

>>25650364
Ok

>>25650153
I'll obviously have to do more research into why jibrel failed, but saying its a sure longterm shot because it has people with clout connected to it is idiotic. Someone in this thread literally asked
>would the WEF put a scam on their website?
Yes you retard.

To me, the project doesn't look very strong at the moment. However, the reason that I didn't mind putting in some money at $0.04, is that the market cap is still very very low and the total supply is not that much bigger than the circ supply. That is very rare in crypto projects nowadays.

To anons on the fence: I suggest you start layering buys between now and 1c. Anyone trying to talk you out of buying an European, white man's, officially registrerend and licensed project with a market cap of under 20M (more like 15M right now) has ulterior motives. Anon team uniswap rugpulls achieved market caps 10 times higher than this, just let that sink in. The fact that LCX has been mentioned by WEF and other big players is icing on the cake.

Again, the project isn't looking very strong right now imo since it's an exchange coin and those tend to be bad for speculation and need adoption to rise. (See how painfully long it took for CoinMetro to do anything). But, since the market cap is so low I don't mind taking on some unrealized losses in the hope of picking a winner here. Case in point: watch the BNB chart and try to guess when Binance saw huge adoption. I was there in 2017 and experienced it first hand. Look at KCS to see what happened with BNB on a smaller scale. Exchange coins don't see a speculative bubble until AFTER they experience a growth craze.

>>25648581
>>25648367

>>25650670
We are too early, this will crab while other alts will moonshot, painful.

I can’t wait for the day that coinmetro shills get shut the fuck down, they know they have no way out so they fud to save their job but their whole exchange won’t exist in ten years and they know it, it’s quite sad.

>>25650855
This, i think a better strategy is to keep your eye on it and wait until the actual exchange starts to grow a user base before dropping big money on it.

>>25650855
Yeah, it happens. I bought into CoinMetro in early 2018, after the AssBlaster breadcrumbs. It took 2 years before I saw returns on my LINK investment (biggest buy in was during the pump in jan 2018, bought @ $1.20 lmao).

I would definitely advise against going all in on LCX. A small moon bag that you diversify some profits into ever so often is the right play here if you ask me.

>>25651526
The future is bright

Maybe