Lykke is a global market place or exchange for all asset classes and instruments. It is semi-decentralized, open-source and is compatible with various types of blockchains. At the moment, Lykke is built upon the Bitcoin blockchain but there are developments of expanding the platform to Ethereum. Transactions on this platform are fast, secure and attract Zero fees on the assets and financial instruments. anyone can list any financial instrument or asset in the form of a digital coin using theShow more [+] colored coin protocol. Lykke provides an open and free platform where anyone with an internet connection can access and trade. It gets its revenue from other sources including providing support to institutional customers, issuance of trading services and providing liquidity.
The Lykke Coin (LKK), is the native currency on the Lykke exchange. The coin was premined for the developers. Its value during its Initial Coin Offering (ICO) was 0.05 CHF. It is listed it the same Lykke exchange. The coin was developed in Switzerland in 2015 by Richard Olsen, who is also the CEO, and is managed by a team of experts including Igor Samohin, Simon Olsen, Sergey Ivliev and Mihail Nikulin among others.