ICO short overview
Loyakk Vega (LYK)
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Loyakk Vega ICO summary information

Conceptual Model

Loyakk's mission is to transform how businesses create and deliver value in the new decentralized economy with their globally distributed network of partners, channels, distributors and vendors. Businesses today face multiple challenges related to data security and privacy, data reconciliation, contract disputes, inefficient processes and limited governance within their business networks leading to billions of dollars lost annually due to increased costs and lost revenues.

Loyakk is addressing these real world challenges through our patent-pending blockchain-enabled Vega Business Relationship Platform. Loyakk Vega is an enterprise-grade platform that has been designed specifically for secure, decentralized business-to-business engagement. It leverages patent-pending blockchain technology to support permissioned sharing of data, standardized communication interfaces, accelerated movement of value based on smart contracts and consistent propagation of business rules & security policies - leading to greatly improved security, efficiency & distributed governance across any business network.

Project Description

The Loyakk Vega is a decentralized business relationship platform that will leverage the blockchain technology to provide a secure and efficient exchange of critical data and value within business networks. The platform embeds a proprietary patent-pending blockchain technology and advanced enterprise relationship management capabilities enabling to feature a full stack solution to ease the early and evolving blockchain use cases across industries, to support the firm's vision, and provide a roadmap for enterprise-wide blockchain implementation and digital transformation.

Loyakk Vega token (LYK) is an ERC-20 token that will work as the access token to the platform services.

Telegram: https://t.me/loyakk

Team:

  • Salim Ali: CEO.
  • Jitu Telang: CTO.
  • Tsvetan Georgiev: Development Lead.
  • Jimjees Abraham: Blockchain Solutions Architect. 
  • Jaijiv Prabhakaran: Chief Architect. 
  • Marzanne DeLoof: Customer Success. 
  • Rakesh Sreekumar: Chief Marketing Officer. 
  • Sadiq Quasim: Director, Loyakk Ltd. 

Loyakk Vega will be holding its ICO on the 23rd of February, 2018. The ICO token supply represents 30% of the total token supply will be available for 0.5 GBP each during the offering. The ICO funding target is 30,000,000 GBP , the funding cap is 91,500,000 GBP and is expected to end on the 22nd of March, 2018 or when the funding cap is reached.

Token Reserve Split (70%):

  • 5% Partners;
  • 7% Incentives;
  • 10% Blockchain Research Fund;
  • 17% Team & Advisors;
  • 31% Pre-Sale;

Loyakk Vega ICO will feature a bounty campaign and a bonus program, and the token will not be mineable.

Bonus Structure:

 

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LYK Latest Updates
July 15, 2018

Loyakk Keynote @ ConnectAsia 2018 in Singapore

Loyakk’s CEO Salim Ali was a keynote speaker at ConnectAsia 2018 in Singapore. Salim spoke about the disruption of the Enterprise with blockchain and the emerging application category of Enterprise Relationship Management. Check the video out at — https://youtu.be/s03oU9oDDsULoyakk...

From: Loyakk Vega

June 21, 2018

Loyakk Listed in Entrepreneur Magazine as a Top ICO to Watch this Summer!

Access the list here: https://www.entrepreneur.com/article/315434See excerpt from the article below:Loyakk is a Top 10 Blockchain Solution Vendor and is set to launch the world’s first tokenized data container to enable businesses to track and secure their business data across their business...

From: Loyakk Vega

June 13, 2018

Can Blockchain Fix the US Healthcare System?

For many Americans, healthcare is one of their biggest worries. Medical debt is the single largest cause of personal bankruptcy in the USA. But it’s not just the patients who are unhappy. In only the last few years, physician burnout has also increased from 45% to 54%.As an industry, it’s...

From: Loyakk Vega

June 04, 2018

Budapest-Segways and a New Loyakk Advisor

Budapest is often described as the “Little Paris of Middle Europe”, Budapest is famous not only for the monuments reflecting its own 1,000-year-old culture, but also for the relics of others who settled here. Remains from both Roman occupation and much later ruled by the Turks can still be...

From: Sadiq Quasim

May 31, 2018

Loyakk Community Continues its Accelerated Growth

We are excited to see our Telegram community grow past 60,000 members and our Twitter followers grow past 21,000 followers. The Loyakk team thanks our community for their tremendous show of support. Our community is global as we have seen in our various roadshows and the events we have attended...

From: Loyakk Vega

May 21, 2018

Big Pharma Eyes the Blockchain to Help Fight Fraud

It’s still early days for blockchain. For a few years now, publications like Forbes and Wired have been referring to it as 1994. It’s a relatively new technology, and how it can truly and helpfully be implemented is still something of a question.For many casual blockchain enthusiasts, it’s...

From: Loyakk Vega

May 16, 2018

The gig economy is in trouble. Blockchain can help fix it.

“Coming together is a beginning. Keeping together is progress. Working together is success.” — Henry FordMuch ink has been spilled on the perils of the gig economy. Last year, the New Yorker wrote a scathing critique of an ad campaign by freelance marketplace Fiverr. The campaign,...

From: Loyakk Vega

May 07, 2018

Track ICO Rates Loyakk a Perfect 5 /5 !

Track ICO, a leading rating site for ICOs, gives Loyakk a Perfect Rating of 5 out of 5 - https://www.trackico.io/ico/loyakk/#ratingLear more about Loyakk and our ICO at https://loyakk.io/Track ICO Rates Loyakk a Perfect 5 /5 ! was originally published in Loyakk Blog on Medium, where people are...

From: Loyakk Vega

The Enterprise CIO and the Blockchain Opportunity

From data overload and tight budgets to clunky legacy technologies and anxiety over IT security, CIOs have a lot on their plate. What can solve the many challenges they face on a daily basis?Enter blockchain technology — the solution that could impact the core IT fabric at a fundamental...

From: Loyakk Vega

May 01, 2018

Loyakk Team Interviews

Hear the Loyakk team share their thoughts and perspectives on our vision, the market need and potential, our offering, our differentiators and other key aspects of our business. View the following interview with Salim Ali, our CEO and other team videos onour Youtube...

From: Loyakk Vega

April 25, 2018

The Blockchain and Manufacturing: A Perfect Match

Manufacturing is a key driver of the global economy. The sector alone accounts for nearly 17% of global GDP, according to the World Bank.Unfortunately, manufacturing has always been rife with inefficiency and quality-control problems. Fake products are able to make their way to market because...

From: Loyakk Vega

April 21, 2018

Loyakk — A top-rated ICO on ICO Bench

ICO Bench (https://icobench.com/) , a leading rating site for ICOs, gives Loyakk a high rating of 4.6 out of 5Loyakk — A top-rated ICO on ICO Bench was originally published in Loyakk Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

From: Loyakk Vega

April 18, 2018

Erwin Rezelman, CTO, Zurich Insurance, Latin America joins Loyakk as Advisor

Loyakk is pleased to announce that Erwin Rezelman, CTO, Zurich, Latin America has joined us as an Advisor further strengthening our ability to execute on our vision to build blockchain-enabled business networks for multiple Industries.Erwin has a stellar track record as an entrepreneurial...

From: Loyakk Vega

April 17, 2018

Can Blockchain Technology Revolutionize the Insurance Industry?

The insurance industry suffers from a lack of transparency, low inefficiency, and slow innovation. This has caused continuing issues in the sector.Consider what’s happening now:Insurance fraud, excluding healthcare, amounts to $40 billion per year in the United States alone, based on data...

From: Loyakk Vega

April 16, 2018

ICO Talk TV Interviews Loyakk

ICO Talk TV interviews Salim Ali, our CEO.https://medium.com/media/4f33d2645ab22b1e902a6b07da46ded9/hrefICO Talk TV Interviews Loyakk was originally published in Loyakk Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

From: Loyakk Vega

April 13, 2018

How Loyakk Reins in Commercial Contract Disputes with Blockchain

Think about this: Commercial disputes cost businesses $870 billion per year globally, according to a US Chamber of Commerce study. In America alone, direct costs of commercial claims resolved through litigation represent 1.66% of GDP:If you’re thinking that this is a lot of unnecessary waste,...

From: Loyakk Vega

April 10, 2018

Loyakk — Gold Sponsor, Keynote Speaker at Global Blockchain Forum, 2018

Loyakk was a gold sponsor at the recently concluded Global Blockchain Forum event held at the Santa Clara Convention Center, on April 2–3, 2018. Salim Ali, CEO was a keynote speaker along with notable speakers including Tim Draper, Michael Arrington and Vinny Lingham. Loyakk stood out as a...

From: Loyakk Vega

March 02, 2018

Blockchain — going beyond Fintech

“Blockchain will impact industries well beyond FinTech. Loyakk will be the disrupter in enabling businesses to create networks powered by blockchain” Erwin A Rezelman — Chief Technology Officer, Zurich Latin AmericaMany people believe that blockchain is all about cryptocurrency. They...

From: Sadiq Quasim

March 01, 2018

Loyakk — The Making of a Blue Chip ICO

An Overview Video of the Loyakk ICOhttps://medium.com/media/9877f067dbc246bfc1bf1130e28a0935/hrefThe Key Pillars of a truly ‘Blue Chip’ ICOLoyakk is addressing Global Demand (over $100b market)with a Patent-pending Blockchain-enabled solutionby a top-tier team with Global Enterprise...

From: Loyakk Vega

February 27, 2018

Blockchain in the Automotive Industry

“Blockchain-powered business networks is a very compelling notion when you consider the needs of business to stream-line & secure interactions across the business partner network. Loyakk’s vision and platform to create decentralized Value Webs holds much potential” — Anthony...

From: Natalie Turner

February 26, 2018

Transforming Customer Experience across the Insurance Value Chain Using Blockchain Technology

Loyakk shares thought leadership along with @Mphasis — a billion dollar global IT solutions provider for insurance and financial services, on Transforming Customer Experience across Insurance Value Chain using Blockchain Technology. Mphasis has selected Loyakk as the platform for offering...

From: Loyakk Vega

February 20, 2018

The Loyakk ICO Private Sale has begun!

Loyakk is pleased to announce that the much-awaited Private Sale of our ICO begun and our privileged whitelist members can now buy the LYK token.Due to an overwhelming interest in Loyakk (LYK), the presale period will now extend from on February 20, 2018, 6 am GMT to March 4, 2018, 23:59 GMT to...

From: Loyakk Vega

Loyakk ICO Presale has begun

Loyakk is pleased to announce that the much-awaited Presale of our ICO begun and our privileged whitelist members can now buy the LYK token.Due to an overwhelming interest in Loyakk (LYK), the presale period will now extend from on February 20, 2018, 6 am GMT to March 4, 2018, 23:59 GMT to...

From: Loyakk Vega

The Loyakk ICO Presale has begun!

Loyakk is pleased to announce that the much-awaited Presale of our ICO begun and our privileged whitelist members can now buy the LYK token.Due to an overwhelming interest in Loyakk (LYK), the presale period will now extend from on February 20, 2018, 6 am GMT to March 4, 2018, 23:59 GMT to...

From: Loyakk Vega

February 16, 2018

Loyakk Ltd.

Loyakk Ltd. receives Venture Capital investment ahead of its much-awaited Initial Coin Offering (ICO)AI8 Ventures joins leading business and technology leaders in their support of Loyakk’s (www.loyakk.io) vision for blockchain-powered decentralized business networksLONDON, Feb. 15, 2018...

From: Loyakk Vega

Loyakk Ltd receives Venture Capital investment ahead of its much-awaited Initial Coin Offering…

Loyakk Ltd receives Venture Capital investment ahead of its much-awaited Initial Coin Offering (ICO)AI8 Ventures joins leading business and technology leaders in their support of Loyakk’s (www.loyakk.io) vision for blockchain-powered decentralized business networksLONDON, Feb. 15, 2018...

From: Loyakk Vega

February 14, 2018

Loyakk announces partnership with Civic to integrate Identity Verification Services into their…

Loyakk announces partnership with Civic to integrate Identity Verification Services into their Blockchain-enabled Business Relationship PlatformLoyakk’s Business Relationship Platform, Vega, and Civic’s Secure Identity Service power the next generation blockchain-enabled solution for secure...

From: Loyakk Vega

February 10, 2018

LYK a Utility Token+++

Reimagining the concept of ‘Utility’ in Token Land…An innovation born out of necessity, LYK is a purpose-built token that’s been designed to adapt blockchain technology for decentralized enterprise business networks. LYK is a function-rich token which performs many critical functions...

From: Rakesh Sreekumar

February 08, 2018

Decentralized Enterprise Business Networks with Salim Ali, CEO of Loyakk

‘Crypto Disrupted’ team Trent Lapinsky and Greg Kerr interview with Salim Ali, our CEO.https://medium.com/media/f20a3b640b1e6dfb7bbfa18058b3dcca/hrefhttps://youtu.be/roxLue5unkYDecentralized Enterprise Business Networks with Salim Ali, CEO of Loyakk was originally published in Loyakk Blog...

From: Loyakk Vega

February 07, 2018

Enterprise Security Magazine names Loyakk a ‘Top 10 Blockchain Solution Vendor -2018’

Kudos to the Team!! We were just notified by Enterprise Security Magazine that Loyakk has been selected by Enterprise Security Magazine as a ‘Top 10 Blockchain Solutions vendor-2018’. Award certificate and Logo attached — https://loyakk.ioEnterprise Security Magazine names Loyakk a...

From: Loyakk Vega

HMG Strategy Interviews Salim Ali, CEO, Loyakk — on leveraging blockchain to transform how…

HMG Strategy Interviews Salim Ali, CEO, Loyakk — on leveraging blockchain to transform how businesses manage globally distributed relationshipsHMG Strategy recently caught up with Loyakk CEO and Co-Founder Salim Ali to gather his insights on the company and the opportunities for leveraging...

From: Loyakk Vega

February 06, 2018

Our much-awaited ICO Start date announced!

Yes! After months of preparation by a wonderful team, we have announced the start date of our much-awaited Initial Coin Offering (ICO) as February 23, 2018. We are quite excited for the fact that Loyakk has already received much attention from the press and crypto and blockchain community, even...

From: Loyakk Vega

February 04, 2018

Global IT Solutions Leader, Mphasis Joins forces with Loyakk to announce Blockchain Solutions for…

Global IT Solutions Leader, Mphasis Joins forces with Loyakk to announce Blockchain Solutions for Financial Services and InsuranceLoyakk is excited to partner with Mphasis to build and deliver next-generation Blockchain-enabled, patent-pending solutions for Insurance and Wealth Management....

From: Loyakk Vega

February 03, 2018

Beyond Bitcoin — Blockchain Means Business

While Blockchain is mostly known to be the technology powering Bitcoin and other crypto currencies, it has also been touted to have the epochal potential to impact governments, transform macro financial and economic systems and drive widespread social change. While on the business front, though...

From: Rakesh Sreekumar

February 02, 2018

A Pipe and a Tap — a Note on how the Loyakk Ltd’s Coin Offering aligns with Vitalik’s latest…

A Pipe and a Tap — a Note on how the Loyakk Ltd’s Coin Offering aligns with Vitalik’s latest viewpoint on DAICOsNote: Our patent was filed nearly a year before Vitalik’s post on a DAICO. While we cannot share detailed information of our proposal, we are heartened by the alignment...

From: Loyakk Vega

July 15, 2018 02:36

Salim Ali Keynote at ConnectTechAsia 2018, Singapore

Salim talks about the disruption of the Enterprise with blockchain and the emerging application category of Enterprise Relationship Management.


May 25, 2018 15:36

Loyakk - Yagub joins as advisor - Hungary


April 18, 2018 07:58

Loyakk Vega - POWERING SECURE ENTERPRISE BUSINESS NETWORKS ON BLOCKCHAIN

Loyakk transforms how companies collaborate & share data with partners, distributors, channel and suppliers across the world

Saves billions of dollars lost in data leaks, IP thefts & contract disputes.


April 15, 2018 23:53

Loyakk Interview Suresh and Dion


April 15, 2018 23:53

Loyakk Team Interview - Suresh and Dion


April 15, 2018 23:53

Loyakk Interview Salim


April 15, 2018 23:53

Loyakk Team Interview - Salim


April 15, 2018 23:53

Loyakk Interview Rakesh


April 15, 2018 23:53

Loyakk Team Interview - Rakesh


April 15, 2018 23:53

Loyakk Interview Patricia