What is your relationship with Dragonchain?

Look Lateral is building its platform on the Dragonchain Blockchain architecture. We have partnered Drgonchain since the inception of the Look lateral ecosystem and Joe Roets, Dragonchains CEO, provided technical expertise.

As the first Dragonchain Incubator business, Look Lateral has benefited from the support of the Dragonchain team. Furthermore, we are delighted to be part of their community of experts and enthusiasts.

I already completed KYC with you / Dragonchain, will I have to do it again?

Yes, full details will be provided.

Is this form of investment open to large investment funds?

We expect to allow Investment funds to invest in Look Lateral. LookLateral may decide to apply caps on the maximum investment from an individual or entity.

What is the difference between a Security token and a Utility token?

A Security token represents an equity interest of the issuing company; when you own the LOOK security token, you own part of LookLateral. Furthermore, if LL decides to share its profits in the form of dividends, LOOK holders will participate in such dividends.

A Utility token does not have an equity interest in the company.

What currencies can I use to purchase LOOKS?

The Company currently expects to allow LOOKS to be purchased with BTC, ETH, and DRAGONS, in addition to a small number of fiat currencies.

Are tokens erc20 tokens?

Yes, erc20 with some functions of erc23 to increase security.

I heard there were LOOK and SEE tokens, what is the difference?

SEE tokens are currently being used as ‘holder’ tokens until LOOKS can be released.

Will conversion from SEE to LOOK be automatic?

SEE tokens are currently being used as ‘holder’ tokens until LOOKS can be released.

What is the minimum / maximum contribution?

We anticipate minimum and maximum investments. Those are under study and we expect to communicate them at a later date.

How will the price in the first round and future rounds be decided?

We expect prices to be fixed in round one and the price in future rounds to reflect the evolution of the platform activities and the value of LookLateral Inc. at the time of that round.

Is there a bounty program?

At present, we do not have such program. However, we are developing a loyalty program and plan to announce it when ready.

Will LOOK tokens be needed to use FIMART?

No, Fimart plans to accept BTC, ETH and DRAGONS, in addition to a small number of fiat currencies.