FAQ's

Frequently asked question

What is a security token?

When a security token is issued, it must be assumed that the company is obliged to publish a prospectus and that financial market supervisory measures have been taken. They are therefore subject to certain disclosure and registration requirements. For detailed information, please refer to the whitepaper at : "Security Token".

What is an ICO?

An ICO, or Initial Coin Offering, is a way for a company to create its own crypto currency and then offer it for sale to its customers. This crypto currency can have its own blockchain, as was the case for Ethereum in 2014, or it can run on a token basis on another blockchain, like the ERC20 tokens that run on Ethereum. This latter method is the more common. This is also the method LOOiX used to create its LOOiX tokens. In an ICO, the buyers of the tokens exchange crypto currencies with the company for the newly created tokens. The company receives the money and the buyers receive the tokens.

Where can I view my LOOiX token?

To do this, go to the website https://etherscan.io. Enter your public key in the search field on the page. In the next step, switch from the "Transactions" button to the "Erc20 Token Txns" button. There you can view your LOOiX token stock.

When is LOOiX listed?

With a "security token" it is legally only permitted to be listed on a regulated trading and exchange platform. This form of stock exchange is currently under development. The first known exchange with a planned official launch will take place in the first quarter of 2019. Decoin is developing a regulated trading and exchange platform that is secure, scalable, fast and multifunctional. The trading and exchange platform, known as "D-TEP", will also provide the necessary financial instruments to enable traders to make optimal use of price movements. In addition, the platform will also provide its own crypto currency index, which will include all companies trading their coins on the exchange."“