Awaking the Dragons in 2024- Monty’s Review of 2023

2023 is just about to end, and it has been another transformative year for LCX. We celebrated a round 5th year anniversary as LCX was founded in 2018. The year was marked by resilience, innovation, and a relentless pursuit of excellence in the face of a rapidly evolving crypto landscape. As we bid farewell to 2023, I want to reflect on the remarkable achievements of our whole team and company.  

But let’s start with my personal highlights of 2023 following our 3 core company values: Unitas (Unity), Integritas (Integrity), and Excellentia (Excellence).

• Unity: We kicked off the year with LCX‘s presence at the World Economic Forum‘s Annual Meeting in Davos and the launch of my book ‚Blockchain Banking: The Future of Money and Business‘. We expanded out network over the full year and attended more conferences with our team than ever before! 
• Integrity: After more than 12 months process we gained the regulatory approval for our security prospectus and passported it across 30 countries in Europe. This is the world‘s first tokenized bond, actually 4 tokenized bonds, denominated in BTC, ETH, EUR, and LCX token – offered to retail investors and known as LCX Earn. We registered and launched many new token sale projects and raised millions of dollars. And we doubled down on Liechtenstein and Europe becoming MiCAR ready. 
• Excellence: We focused on scaling and growing LCX, LCX‘s technology stack and products. We reshuffled the whole development process to achieve fast and agile releases for mobile and web. LCX Mobile went from quarterly updates to weekly release cycles. LCX Exchange was completely relaunched with V3, we relaunched LCX’s API system and documentation and we introduced a market-making program. This is positioning LCX for further growth of users and liquidity. 

In addition, we listed multiple tokens on LCX Exchange, conducted many marketing campaigns, and integrated Base by Coinbase, Optimism, and the Bitcoin lightning network. 

But let’s get into the details. 

First, LCX completed five years on April 24th, 2023. Founded in 2018, we have grown from a small team of blockchain and crypto enthusiasts to a global company. This milestone is a testament to the hard work and dedication of the LCX team and the company’s commitment to innovation and progress.

Embracing Challenges, Building Strength

We started the year with our strong presence at the World Economic Forum (WEF) Davos reception. The invite-only guest reception included some of the most prominent CEOs, journalists, and leaders in the crypto industry and other sectors. The Davos reception was graced with the publication of my book, Blockchain Banking: The Future of Money and Finance. The honorary speakers at the event were Jimmy Wales, Founder of Wikipedia, and Don Tapscott, Founder and Chairman of the Blockchain Research Institute. 

Don Tapscott highlighted the growth potential of LCX and emphasized the significance of integrity and trust in the digital world. Jimmy Wales, discussed the potential of blockchain technology and the advantages of regulation, centralization, and a structured framework for establishing trust, transparency, and integrity. 

Unite New Partners, Grow LCX’s Ecosystem

LCX launched strategic initiatives on the Polygon blockchain protocol. 

We launched LCX V3. This had been the largest product update of LCX and is a fundamental element for 2024 growth plans. 

We launched LCX Earn, a set of four tokenized bonds, a fixed yield offering endorsed by the regulator, and available to individual investors in 30 European nations.  LCX Earn comprises a set of four security tokens that will transform the world of compliant bond investment for BTC, ETH, and LCX tokens. The bonds, valued at a total of 40 million Euros, are four tokenized bonds named EURt7, BTCt7, ETHt7, and LCXt7. These bonds offer 7% p.a return with security and transparency. 

LCX sponsored the world’s first cryptocurrency TV game show, “The Next Crypto Gem.” The show was a competitive reality TV show that aired across Insight TV’s network of linear and digital channels, reaching over 100 million viewers globally. 

Furthermore, in 2023 we made a strategic decision to spin out Tiamonds and MasterDEX as individual companies closely benefiting the LCX ecosystem. 

At Tiamonds we hired a senior industry expert with more than a decade of experience in the Diamond industry and incorporated Tiamonds AG. Tiamonds has become the largest marketplace for tokenized real-world diamonds. 

MasterDEX had been unveiled and hosted the first airdrop as a loyalty package only for the LCX community. MasterDEX will make bold moves in 2024 becoming the central platform for DeFI – combining DEX tools for analysis, an AI discovery engine for upcoming coins, and advanced trading capabilities. 

LCX‘s Crypto Integrity and Compliance

In 2023 LCX continued to heavily invest in our regulatory setup, compliance, and our LCX Crypto Compliance Suite. We invested in additional compliance training for our team, we improved our proprietary technology solutions and had been in almost weekly communication with regulators. All this hard work, always being more strict and conservative than others and always taking the extra mile – finally pays off. In 2023 we did see legal actions and increased pressure against large unregulated players who never took this matter seriously. Now this is the time for LCX to shine and we establish a new term for this and for what LCX stands for: “Crypto Integrity”. 

LCX Global Presence and Network

LCX was also a prominent participant in numerous cryptocurrency-related events that were organized over the years. The Crypto Brunch during the Crypto Valley Conference in Zug, Switzerland; Lugano Plan B Forum one of Europe‘s leading Bitcoin core conferences;  CV Summit Zug; Token 2049 Singapore; Cardano Summit Dubai; Token Summit Liechtenstein. 

Awaking the Dragon in 2024

According to the Chinese calendar, 2024 is the year of the dragon and this totally fits our roadmap and goals. LCX is launching 2024 with a big bang (or should I say big roar), we will make noise to raise awareness and we will spread our wings to take off.

Dragons are known for their immense strength. They command respect and, at times, instill fear in those who dare to approach them. Moreover, dragons have often been associated with wealth and abundance. They are guardians of treasure, hoarding riches beyond measure. With the upcoming Bitcoin ETF approval, Bitcoin Halving, MiCA, and all LCX’s announcements, I am looking very optimistic into the year 2024 and I look forward to keeping you updated on our exciting journey. 

Written by Monty C. M. Metzger (@montymetzger), CEO and Executive Chairman of LCX.com – @LCX

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