LA TOKEN announced
Cecilia Mueller Chen Joins LAToken Advisory Board
Cecilia asked us
"I have given consent to the advertisement of my name, therefore please remove it immediately."
SELL TOKENIZED ASSETS
You have access to a lot more cash at much lower costs than you may have realized.
With the LAToken, you can take sell fractional ownership of any illiquid asset. You get cash and you don't have to borrow money or pay rent.
BUY ASSET BACKED TOKENS
Looking for a more liquid and diverse portfolio of assets? Liquid Asset Tokens give you fractional ownership of physical assets to help diversify your investments.
Average annual return on assets, 2000-2017
HOW IT WORKS
You provide information about the asset and the share you want to sell. After independent valuation of the asset, you can issue on the LAT platform tokens backed by the asset. Then you sell your tokens on the LAT marketplace and get funds. You can continue using your asset after the sale and buy it back on the settlement date.
SECURE AND SMART LAT WALLET
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 Exchange as well.
Public Token Sale will start from selling Tier 1 of LAT tokens via Dutch auction to determine the market price. The price will decrease each day by 5% up to 10 days or until Tier 1 of tokens will be sold. The closing auction price will be applied to all auction participants. In case a number of applications exceeds Tier 1, tokens will be distributed on a first in - first served basis. Tier 2, 3, 4 will be sold with the price increasing 10, 15 and 20% to the auction price. The last price is the price of Token Sale used for conversions of LATP tokens to LAT.
* Frozen Tokens will be unlocked after 10x valuation growth
LAToken raised around $15.6M in the Round 1 of the public token sale.
LAToken is a blockchain protocol and platform for creating and trading asset tokens. It allows cryptoholders to diversify their portfolio by getting access to tokens linked to the price of real assets. LAToken enables asset owners to unlock the value of assets by creating and selling their asset tokens.
1st Business plan for home equity lender
First deal closed / Pivot to a broker
2015 - 2016
Alpha marketplace tested
Launch of the marketplace
2017 May - June
The first self served deal by a bank
Private placement in June
Home lending platform for banks on AI blockchain
Loans are available at messengers
Deposits and Capital Markets launched
First bank with fully automated AI underwriting
AIB becomes the Stable Coin
Fully automated bank is started on the platform
Attention. There is a risk that unverified members are not actually members of the team
$10 603 549
The LAToken (Liquid Asset Token) is essentially a pawn shop that distributes tokens for real estate, securities, artworks, and other high value assets. Decentralizing such markets could prove to be essential by becoming transparent, efficient, and sustainable. Associated risks with acquiring LAT will surely drive any consumer or business away once it's understood that the process to acquire tokens for assets virtually forfeits your property to their company with no guarantees on future performance and value. Liquidity may be great, but the legal implications delivers an ill sense of false security when LAToken can simply "print money" to trade for assets.
Trading something in the real world for tokens in a virtual world could make anybody feel hesitant. Should LAToken find it's path to set up all the legal structures and governance surrounding this business, a small portion of this token could be of worthy to any crypto-currency portfolio as the investment could be risky long term.
LAToken is a unique blockchain-based platform where you can “tokenize” your physical assets – like real estate, vehicles, or paintings – in a secure and insured way. Then, you can sell shares of those assets onto the LATO marketplace, where investors can purchase the shares in exchange for cash. You get cash while still retaining ownership of your asset. You get cash without paying interest. The idea is that investors can benefit from the rise in value of your real estate or painting, or whatever other physical item you own, while you gain access to cash from stuff you already own. LATO is an extension of the idea of borrowing money against your home. Instead of relying on banks, however, you can rely on blockchain technology.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.