Loyakk Vega-tokenized data container for secure bussines interactions

WHO IS LOYAKK?

Loyakk’s platform is  createdto 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 business challenges through theirpatent-pending blockchainenabled Vega Enterprise Relationship Platform. Loyakk Vega is an enterprise-grade platform that is being designed specifically for secure 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.

LOYAKK VEGA SOLUTION FOR ENTERPRISES

Revenue model for Loyakk includes Platform Licensing and Usage of LYK Tokens for each and every interaction. Here is the broader framework and approach for extending their solution footprint and expanding revenue footprint.

1.  Platform license + LYK token essential to invoke any interaction or transaction within Network

2. Industry Solution Build Rollout Industry-specific Blockchain Packages for HiTech, Manufacturing, Insurance, and Life Sciences

3. Services Partner GTMEnable key Services Partners to deploy focused Industry Solutions

4. Developer ProgramPower APIs for 3rd Party Blockchain Applications to be build on VEGA

The Business Networks

Loyakk’s Vega platform creates an ‘Uber Layer’ on top of applications deployed on the  platform This gives rise to company-centric Business Networks. These will be industry specific – High-tech, Insurance, Wealth Management and Life Sciences & Healthcare etc. Loyakk will collaborate with domain-specialist partners to define and execute on relevant industry solution roadmaps and go-to-market plans.Enterprises will enable Hi-Tech businesses to rethink their High Value relationships across their business networks. By bringing partners, contractors, resellers and other sales agents into the sales cycle, businesses will be able to transform how they engage across their global ecosystem.

The Token

All parties using the Loyakk Vega platform require the Loyakk token to interact & transact within the Loyakk-powered Business Network. The Loyakk token is a carrier of data along with the rule and permissions that control access and propagation – beyond company boundaries. It enables Permissioning and Provenance of Data, Value & Rules across the Business Network, as described below:

Purchase Options: BTC or ETH ;Employee Tokens: Will be issued only after Token buyers and will vest over a period of 1 year
Current Release: 177,000,000
For Purchase by Users: 60,000,000
Price Per Token: £ 0.50 (before Bonuses)
Token: LYK (utility token) (ERC20 standard)

Token Sale: 34%
Team: 18%
Advisors: 7%
Strategic Partnerships: 14%
Incentives & Rewards: 16%
Developer Bounty: 11%

Token purchase contributions through the token purchase will be utilized for continued product & development, to run the operations, for marketing , purchases & customer adoption success and for legal and administrative expenses that Loyakk will incur in the course of business.The token contributions will be utilized as follows:

Product & Development: 45%
Operations: 20%
Marketing: 15%
Sales & Customer Adoption 10%
Legal and Administrative: 10%

 

For more information about Loyakk Vega access the link whitepaper and  Loyakk.