Dear LCX community,
On December 10th, 2023, we had the most engaging and supportive AMA in our official Telegram chat, where our CEO, Monty C. M. Metzger (@montymetzger) answered questions from the community on various topics related to the platforms, our objectives, upcoming launches, and more. We really appreciate the warm conversation with the community and would like to share the summary of our live Ask Me Anything (AMA) session, moderated by community moderator “King” & “Alex”.
Community Host
Let’s welcome @montymetzger to this month’s AMA👋
Monty Metzger, CEO
Welcome LCX Community. My name is Monty Metzger, I am CEO & Founder of LCX.
I’m excited to be here today for this AMA session to answer any questions you might have about LCX, the future of tokenization, our crypto exchange, token sales, or anything else you’d like to discuss.
Community Host
@montymetzger thrilled to welcome you once again to the last AMA of the year 🔥🔥
Community Host
Let’s get started 🤝💎
Community Host
Hello, great people and LCX community🎉✋
As we are about to start the AMA program properly, it’s germane to pass this piece of information to the community. During this AMA session, the community would be silenced for an easy flow of communication between the hosts and the CEO.
We seek your indulgence while muting the channel for an easy flow of communication to address your questions and ensure the readability of all. Again, we’re equally going to open the channel after the first session to entertain your interactive questions at the end of the AMA proper.
Monty Metzger, CEO
Hello LCX community! 👋 This the last AMA of 2023 and it might be the most exciting of the year as well!
Community Host
Let’s get started $LCX community 🙌
Monty Metzger, CEO
Good to welcome you all on this Sunday evening. Crypto nevers sleeps and so do we.
Community Host
Awesome let’s do this Monty 🫡
Monty Metzger, CEO
I personally and the whole LCX team is wishing you a merry Christmas and happy holidays as well.
Community Host
@Monty, January till date, especially November, the community has glimpsed a remarkable achievement in the $LCX ecosystem from left to right. A lot of talk, excitement, and anticipation of what the future holds about WEF, products, and many more. Could you give us an overview of this development?
Monty Metzger, CEO
The last 4 week feel like 4 months – so much happened!
Community Host
Quick one, this AMA will majorly focus on product updates and general development. Afterward, we will open the chat for an interactive session and then a closing remark from Monty. Thank y’all for your support so far and from the bottom of my heart, you’re always appreciated.
Monty Metzger, CEO
The biggest achievement was the launch of LCX V3! The V3 upgrade represents a monumental step in LCX’s commitment to user-centric development.
The platform now features a consolidated interface, merging various user functions into an integrated, efficient experience.
This enhancement simplifies the user journey from account creation to trading, ensuring a seamless transition between different platform functionalities.
Additionally, the integration of wallet functions within the trading interface is a notable advancement, streamlining fund management directly alongside trading activities.
Community Host
Huge🔥
Monty Metzger, CEO
Details are here https://www.lcx.com/introducing-lcx-v3-a-leap-forward-in-crypto-trading
Community Host
Very nice 💎Thanks for the insight👏
Monty Metzger, CEO
Autumn 2022 we launched LCX V2 and this was the start of a year of growth and achievements.
Now LCX V3 is the basis for the next level!
We also launched a new weekly YouTube show to keep you all updated, called LCX Insights.
https://youtube.com/playlist?list=PLExBVk8kBOJhuh3tcpgmN2jn4QP6U_64M&si=Ox4NDLwNbVVm3pH0
Community Host
That’s a very nice thing that LCX is doing. I think the community likes that!
Monty Metzger, CEO
Especially the Binance Disclosures got a lot of attention:
https://youtu.be/Uf710aVBP1k?si=gozf7b2pw9QAETiz
For the LCX team and also for me as the founder – all the dedication and hard work is now paying off.
We chose the path of Crypto Integrity; always taking the more complicated route; always working hard in the background to keep things compliant and legal.
Community Host
Interesting one, more to come 🔥
Community Host
It was always the right way to go! THE REGULATED WAY.
Monty Metzger, CEO
Beside Crypto Integrity. Tokenization is getting momentum. And it also shows the last 3-5 years of investing and building the framework to enable tokenization pays off.
Tokenization: Simplifying Investment, Transforming Ownership – on State of the Crypto Asset Industry
Community Host
👏
Monty Metzger, CEO
Tokenization and RWA are also driving growth at Tiamonds. Token holders and usage of the TIA tokens are growing. But also sales at the Tiamonds.com platform. Basically, all new diamonds are sold immediately. Incredible!
TIA token is now also listed under RWA category at Coingecko.
https://www.coingecko.com/en/categories/real-world-assets-rwa
Community Host
Great development and way to go🔥
Monty Metzger, CEO
We are also proud to see the success of NMKR and Galileo LEOX. Both projects had been launched exclusively at LCX Launchpad. In the last few weeks, we also announced the listing of PYR and new token sales.
Community Host
More to come🔥
Monty Metzger, CEO
Yes – more to come!
Community Host
The community wants more of their favorite tokens listed on lcx.com👏
Community Host
Yes we see a lot of talking about Tokenizing RWAs 👏
Monty Metzger, CEO
We also do see lots of talking. But LCX has already launched a lot of exciting products in this category.
LCX Earn > our tokenized bonds
Tiamonds > real worlds diamonds
Monty Metzger, CEO
And we want to keep this interactive! Lets open up for questions!
Community Host
Awesome!
Community
Hello Monty. Do you have any plans to attend the WEF conference in early 2024? I believe other companies that value regulation in this space are attending.
Monty Metzger, CEO
Big plans. LCX will be there. Many speeches. Our team will be there. Our own space. Collaborations. Announcements. And more.
Community
Any update on Fiat onramp please?
Monty Metzger, CEO
Fiat ramps coming. Sepa; banking partners, credit card payments etc. Not one, but many options! Working on this for long. Final steps before launch.
Community
When can we expect the 2024 roadmap? Will you be turning to numerology (8 is maybe not the best number) or the Year of the Dragon (good for growth and prosperity!)
Monty Metzger, CEO
Year of the dragon. Will be epic.
Community
Another 10m LCX were recently transferred from the reserve. The article said something about 20m LCX not 30m😁
Monty Metzger, CEO
We switched to a dynamic reserve with plans to put more LCX tokens back into our reserve. Most users do pay fees at LCX with LCX tokens. And we announced to increase our company reserve!
Community
How you think LCX after MiCA
Monty Metzger, CEO
We are MiCA ready. Liechtenstein is preparing the new laws; updating the current blockchain laws to have a smooth transfer into MiCAR. The new laws are expected to be past February. February 2024!
Community
If Gilbert can’t work to the terms of agreement that’s his problem not LCX.
Monty Metzger, CEO
Not every partner is as reliable and dedicated as we are. Cardano, Polygon and Hedera are becoming close and strong partners for LCX. More to come.
Community
What’s next for LCX now?
Monty Metzger, CEO
Btw – we are now the only crypto exchange in Liechtenstein. After Bittrex closed down. We launched a special VIP onboarding program for Bittrex. And we saw a massive inflow of funds – millions $ of and many new users; an increase in trading activity as well
https://x.com/montymetzger/status/1731790142879191103?s=46
Community
First of all, thank you very much Monty for sharing your time with us. Are there any large investment funds interested in investing in LCX?
Monty Metzger, CEO
Thank you. And thanks for your support. We did get in-bound requests recently. Some large investors and other market participants are taking notice of our advantages – they request to invest in or even acquire LCX. We cannot comment on any talks. We refer to investing in LCX tokenized bonds and buying LCX tokens for usage. As LCX Token is at Coinbase and Kraken – it is easily accessible
Community
Give some hints about 2024 roadmap Monty..?
Monty Metzger, CEO
The first hint is January 2024. WEF Davos will be the kickstart into a very historic year!
Sharing the Bloomberg News on V3 again:
https://www.bloomberg.com/press-releases/2023-11-30/lcx-releases-v3-regulated-crypto-exchange
A few teaser images. What you will see in 2024
Community
How do you manage to accomplish so much and stay so humble? You really are a true inspiration to the world. The next Elon Musk!
Monty Metzger, CEO
Thanks! 🙏
Our company culture is based on
Integrity
Unity
Excellence
We care about our users and our team – unity.
We work more than most to achieve excellence.
And we do the right things even nobody see it – a lot of work in the background which doesn’t get instant applause. But it pays off on the long term.
Community
Happy Christmas lcx fam!
Monty Metzger, CEO
Happy Christmas to you as well. It’s always a time to reflect as well. 2023 was a year of building and dedication. As markets are turning positive we are in the position we want to be.
Monty Metzger, CEO
I also recommend to watch for tiamonds development and join our tiamonds group.
https://t.me/tiamondscommunity
Growth at TIA last days was incredible!
Most importantly people use the utility token to get discounts to buy real diamonds at tiamonds.com as well.
https://www.coingecko.com/en/coins/tia
And watch out for MDEX. Many updates coming there as well!
Community
Onwards and upwards.
Monty Metzger, CEO
One more thing….
An important element for growth are out APIs. This is important for market makers; institutional investors; professional traders. Today I can announce that we have launched a huge update of our APIs. Version 1.1 is published and out now.
API documentation online at:
Community
Huuuuuugeeee🔥
Monty Metzger, CEO
Thanks for joining everybody! LCX community is the best. We are the hidden champion coming into the spotlight now. Be ready. Onwards and upwards!
Community Host
Thanks for your time and hope to see you with more updates next month 🤝.Thanks for your support guys🤝
Disclaimer: This content contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates, and intentions we express in these forward-looking statements and in other public filings and press releases. We may not achieve all of the expected benefits of our strategic initiatives and partnerships. Factors beyond our control, including but not limited to the market and economic conditions, changes in laws, rules or regulations and other market challenges, could limit our ability to achieve some or all of the expected benefits of these initiatives. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money, particularly if you trade on leverage. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.
