Token Sale Round: October 3-10
ASSET TOKENIZATION AND TRADING PLATFORM
magicbtc enables cryptocurrencies to be widely used in the real economy by making real assets tradable in crypto.
We allow cryptoholders to diversify their portfolio by getting exposure to real assets via crypto.
HOW IT WORKS
On the LAT Platform cryptoholders can buy asset tokens linked to prices of publicly traded assets (shares, bonds and commodities):
- magicbtc issues Asset tokens linked to prices of publicly traded assets (e.g. an Apple share)
- Cryptoholders buy Asset tokens at an auction on the LAT Platform
- On the pre-determined settlement date magicbtc buys back Asset tokens from cryptoholders at the current market price of the underlying asset (e.g. the current market price of an Apple share at the NASDAQ)
Now due to much lower transaction costs on the LAT Platform any cryptoholder can benefit from stocks, bonds and commodities upside potential without converting cryptocurrency to fiat.
magicbtc also allows to easily issue and trade asset tokens linked to previously illiquid assets like real estate and works of art:
- Asset owner sells part of the asset to a LAT-certified custodian
- The custodian issues asset tokens linked to the asset value and sells them to cryptoholders
- Cryptoholders may sell the asset tokens on a secondary market
- The asset owner buys back the asset tokens on the settlement date or the custodian sells the asset at a fiat auction and distributes the proceeds among the asset tokens’ holders
magicbtc allows cryptoholders to diversify their portfolio by purchasing to tokens linked to prices of real assets (equity, debt, commoditites, real estate, works of art).
magicbtc enables asset owners to unlock the value of their assets and get an instant liquidity by creating and selling their asset tokens with minimal transaction costs.
Tokens linked to prices of shares (e.g. Apple, Amazon, Tesla), commodities (oil, gold, silver) and real estate ETF are already traded on the LAT platform.
LIQUID ASSET TOKEN PROTOCOL
- Ensures that the link between a token and the underlying asset is legally and technically enforceable, and enables P2P contractual rights transfer
- Open-source tokenization protocol tailored for any asset class
- Compliant for P2P trading on the LAT platform and other exchanges
- Quick launch for public and private equity, debt, commodities, funds, real estate and even works of art
BACK OFFICE 2011
TOKEN SALE AND DISTRIBUTION
Current stage: Token Sale
Token: LAT (utility token)
Price: 1 LAT = 0.0014 ETH
Current bonus: 10%
Supply of Tokens: 400,000,000 LAT
Frozen Tokens*: 600,000,000 LAT
Compability: Ethereum ERC20 standard
* Frozen Tokens will be gradually unlocked in the years 5-10 after the Token Sale
To participate in LAT token sale you need to register a LAT Wallet and then send Ether to the provided address specifying the DATA you receive in your LAT Wallet. Please, do not send your contributions from accounts at cryptoexchanges.
Please, watch the video with detailed instructions.
Founded Home Equity Marketplace Zalogo and a back-office for hedge funds
Managed equities portfolio at hedge funds Avega Capital and Marcuard Spectrum
Worked in IHS CERA, VTB and Sberbank
CTO of MLaaS Zalogo Home Equity Marketplace
CTO of Real Estate agency ZK
Tech Team Lead at Insight Russia
Senior developer at Mattino Group
Engagement Manager at McKinsey&Company
Co-founder of Compensair Ltd.
Held various investment roles in leading Russian private equity funds managing portfolio investments of $400 mln.
Head of product
Former Engagement Manager at McKinsey&Company (5 year tenure), Risk management and compliance functions in leading commercial banks and asset management companies MBA from INSEAD
COO, Sidorok Capital,
Former Head of Private Banking NCB Barclays Private Banking Partner Digital Consulting PitneyBowes (Macy's, Bloomingdale's)
IPO consulting Gazprom
CEO, Science Inc - America's ICO Incubator / Former CEO, MySpace / Investor, Board Member, Dollar Shave Club ($1B Exit) / Former Senior VP, America Online
Cecilia Mueller Chen
Legal and Compliance Advisor
Former Chief Compliance Officer at China Construction Bank Corporation
Head of Business Management / COO at UBS
Senior Regulatory Officer at Deutsche Börse
CEO, Transform Group Chairman
BitAngels Managing Director
Advisor for Financial Services
CEO, Corinthian Partners Investment Bank
Former Senior Vice President Lehman Brothers
Lecturer, City University of New York
Co-Chair of security platform Rivetz / Executive Chairman at WatershipBlue Inc / Executive Chairman at AirPatrol Corporation (sold to Sysorex) / Member Board of Advisors, Merriman Capital / Member, Chicago Board of Trade
Business development director
Board Member, Vice President at Reborn Marketing and Innovations Director CEE, Anheuser-Busch InBev Trade Marketing Specialist, L'Oreal PR Projects manager, Ogilvy Public Relations Worldwide INSEAD, MBA
Former consultant at McKinsey & Company and project manager at Sigma Capital
Asset tokens value at magicbtc can reach $1.2 trillion by 2025
Asset cryptocurrencies may reach 80% of the total crypto capitalization
magicbtc aims at 30% of the asset crypto market by 2025
We develop multiple assets classes exchange to enable diversification for cryptoholders and gain scale advantage.
On the LAT platform cryptoholders can get exposure to multiple asset classes and thus achieve the maximum diversification of their cryptoportfolio and gain a scale advantage.
Token sale starts on August 22, 2017 and will be completed in 4 rounds with the proceeds used for trading development of the tokens linked to the key asset classes: Round 1 – Equity, Round 2 – Real estate, Round 3 – Debt and commodities, Round 4 – Illiquid assets (e.g. works of art).
1. Hard cap for Round 2 is $10M. 20M tokens reserved for the case of large ETH/USD fluctuations
2. Closing dates of Round 2 and 3 may be changed depending on the observed demand
- Cryptoholders buy LAT to purchase asset tokens listed at the LAT Platform and pay for transactions
- Turnover of asset tokens may exceed $14 trillion in 2025
- Thus the demand for LAT correlates with the trading volume at the LAT Platform
- LAT is well-positioned to become one of the most stable and popular cryptocurrencies
VIDEOS FROM OUR YOUTUBE CHANNEL
7 Banks and
Creation of Liquid
and App Developers
FIND LAT AT
26 AUG 2017
15-16 SEP 2017
15 SEP 2017
24-25 SEP 2017
London, UK, World
Investments & ICOs
25-26 SEP 2017
5-8 OCT 2017
24-26 OCT 2017
24-26 OCT 2017
SECURE AND SMART
The LAT Wallet allows you to create and manage your tokens, assets, smart contracts, applications and make transactions on blockchain. The wallet provides access to the LAT Platform as well.