They are our clients, our friends, good contacts or just people we met in the crypto-community. They have new vision, they are running great projects, they are developing new services or they just want to share their story. Havas Blockchain is interviewing key people of the blockchain ecosystem.
We are today with Hugo Renaudin, Co-Founder & CEO LGO.
(1) First of all can you present your background?
My name is Hugo Renaudin and I’m the Chief Executive Officer at LGO. Prior to this, I worked in various roles within the financial industry. This included positions in FX trading, Equity Derivatives and fund management. My first venture into cryptocurrency began at BitSpread, where I was a Portfolio Advisor for the $100M+ AUM cryptocurrency hedge fund. As for my educational background, I hold two Masters degrees: one from Columbia University and the other one from Ecole Polytechnique in France.
(2) Can you present us LGO?
LGO was created in 2018 with the ambition to build an international marketplace where everyone can issue and exchange digital assets with full transparency and security.
With this vision in mind, we recently launched a fair, transparent and secure digital asset exchange designed for both institutional and retail investors. We currently offer our clients the ability to trade BTC/USD which limits counterparty risk: we’re a non-custodial exchange so we don’t hold clients funds.
Recently, we’ve released our Transparency Module. This allows anyone to verify the orders and trades executed on LGO through blockchain technology. The module is available here as it’s open source and documented. We are to date the only digital asset trading platform which can provide this type of transparency on both orders and trades.
(3) According to you, what is a sustainable Token Generation event?
A lot of things! I believe it begins with good underlying value. The keys for a successful token raise include a strong operational team, a compelling use case and attractive tokenomics.
A good structure, either from a legal or financial standpoint is an obvious necessary step. To this extent, I feel the French ecosystem has all the assets to become a leader in the space. The Pacte law clarifies the legal framework, law firms are specializing in this area, and companies like Havas accompany a token issuer throughout the entire process.
Finally, great technology is paramount. With blockchains and tokens, “Code is Law”. This means that any error in the source code of a token can mean the death of a project. Having high technological standards throughout the token generation process is critical from a security perspective. This is where LGO can help: our technology has been used in three token generation events, raising a cumulative 50M EUR from 40,000 people around the world.