Information For Professional Traders/Investors
Leondrino is the new type of digital currency, which combines the benefits of money supply control by central banks and the technological advantages of digital currencies, including crypto currencies, while avoiding the disadvantages as possible. Compared to other digital currencies, Leondrino are backed by the current and projected business of the respective brand via the obligation of the brand to accept its branded Leondrino for its products and services.
The money supply of each branded currency will be based on the unique monetary policy that is coordinated with the brand and clearly communicated to all those branded currency participants. It is not intended to change the fundamentals of the individual monetary policy after the initial agreement between Leondrino Exchange and the related brand. With these measures, Leondrino Exchange will create currencies that
- have a limited volatility,
- are recoverable in relation to a brand and
- can be used globally for products under a brand umbrella.
The increased popularity and new technologies for data storage and transmission (including that of digital money) give rise to decentralized infrastructures for payments, money transfers, and money storage with transaction costs close to zero. Crypto currencies, such as BitCoin, are part of these new technologies.
Crypto currencies, as digital payment vehicles, apply cryptographic principles to achieve a well distributed, decentral and safe payment ecosystem.
These new technologies lead to an increased acceptance by individuals of non-sovereign currencies, especially also in countries with limited international money flows or high inflation, as South America, for example. To avoid the loss of control over parts of the financial system and to secure employment, some governments have already drafted legislation to enable the issuance of private currencies in their respective country. These new, digital are viewed as a complement to the exiting monetary system. This development both softens the state monopoly for monetary policy and allows a regulation of new currency issuers.
All major elements that lead to a high level of trust for the Leondrino ecosystem, are described in ‘Governance’ section under menu item ‘Leondrino Standard’.
The legal entity behind the Leondrino licensee of the issuing brand is taking care of the issuance and administration of Leondrino during their full lifecycle – from tokens, via coins to currency. In Germany, this is Leondra GmbH. It is planned to onboard additional partners before the highest Leondrino token class of brands is reached. For the German/ EU market it is currently discussed to create an extra legal entity that will be the contractual partner for brands.
The Leondrino licensee is guided by the monetary policy agreed with the brand and the chapter and bylaws that is part of the contractual relationship with the brand. For Leondrino of the highest token class A, Leondrino in combination with independent brand specific monetary boards functions like an agglomeration of private central banks that are responsible for their respective branded currencies. In order to avoid high volatility of the Leondrino and in order to protect a brand name, Leondrino will restrict the supply of additional Leondrino according to transparent rules (monetary policy).
Those rules are influenced, for instance, by
- the number of a brand’s registered consumers
- a brand’s IP position, past revenue and future revenue projection
- and the transaction volume in that currency
Leondrino is in close consultation with the appropriate regulators and institutions and will apply for all necessary licenses in the jurisdiction in which it offers its Leondrino services.
Professional investors are looking for a return on investment, i.e. a participation in the growth of a brand, without necessarily getting involved in the complex corporate structures, business models or market dynamics of a brand.
The main advantages for professional investors include:
- a new asset class of digital currencies secured by intellectual property and licenses and backed by the current and future business of a brand.
- solid environment for investment strategies based on a reliable monetary policy via Leondrino, applying highly transparent rules and without political influence.
A branded currency – same as fiat currencies of sovereign central banks – is subject to life cycle management. This life cycle is characterized by the power and potential of the associated brand, the strict monetary policy for the respective Leondrino, the consumer acceptance and investor interest.
Compared to BitCoin, whose maximum quantity is absolute limited, Leondrino is pursuing a dynamic monetary policy defined by the number of the brand’s respective consumer base, business dynamics and transactions. The goal is to minimize volatility. As part of the approach, a part of the fiat currency raised at ILO will be kept as a reserve. This reserve will be, within defined boundaries, increased or decreased automatically (based on the Leondrino algorithm). In case of strong volatility or under extrem market conditions, an intervention of the monetary board for this enterprise currency is scheduled.
If a brand ceases to exist, the associated currency will be taken from the market, once all collateral has been liquidated, all remaining resources related to the associated currency have been returned to the holders of the related Leondrino. The delisting of a branded currency at Leondrino Exchange via a comparable process happens even if both the minimum reference value and the trading volume of this branded currency drop below a defined minimum value for extended periods.
Open your Leondrino Wallet now and select the brands you trust and want to invest in. You can already invest into Leondrino of first customers such as Leaf Systems GmbH by opening a LEAF Giro account and clicking on the “buy” button there.
See www.leaftoken.io for further information and check news of their LEAF token rollout inside your Leondrino Wallet.
If you are interested to invest more money than possible via the Leondrino Wallet, then please contact us via email or give us a call. We are happy to help and to show you available options.
KYC is the abbreviation of Know Your Customer/Know Your Client. Due to anti-money laundering and counter terroris financing regulations, we are required to perform a KYC check for all Leondrino users who want to use and/or invest in branded tokens (Leondrino currencies).
The Leondrino team and the brand companies behind the Leondrino currencies need to check each investor’s identity to ensure that we comply with anti-money laundering and counter terrorist financing regulations.
Depending on the token class of the token and the amount of tokens you wish to purchase as well as how you want to use the branded tokens (for paying for goods and services or as a pure investment), you must provide certain required information during your KYC check.
During a KYC Light check, you need to provide your full name and address details as well as your phone number and date of birth. You can do so by filling your data in the Leondrino Profile page of your Leondrino user account.
During a KYC ID check, you need to provide a valid government-issued ID in addition to the data requested during KYC Light check. Your government-issued ID must not be expired and must have your photograph on it.
In some cases, a KYC Video ID check may be necessary.
If you are a US citizen, you may only participate in a token sale if you provide proof of being a so-called Accredited Private Investor, as defined in Rule 501 of Regulation D issued under the Securities Act of 1933. To prove this, it is sufficient to fill out the form provided in the KYC process, namely ACCREDITED INVESTOR CERTIFICATION, and sign it, let your own tax adviser confirm it and then upload this document within your Leondrino Wallet. Done.