Company Information

Get to know LoyalCoin

LoyalCoin was launched by the Philippine-based parent company Appsolutely, Inc. with the mission to create a "New Loyalty Economy." The concept was to provide a universal rewards ecosystem where consumers could earn a single digital asset, the LYL token, from various participating merchants and then redeem or exchange these tokens freely across the network. The project conducted an Initial Coin Offering (ICO) in 2017-2018 to fund its development and aimed to solve the problem of expired, unused, and non-transferable loyalty points by leveraging blockchain technology.

Industry

Crypto CryptocurrencyPRIMARY

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LoyalCoin

Philippines

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.