LOLIGO - World’s 1st ICO Safety Ecosystem
Hello everyone, in this new post I will introduce you about the project LOLIGO, and for more details, let's just follow the following discussion:
The expansion of capitalist ideology is deeply changing the global economic model, and this has led to the creation of many major institutions and multinationals managed and led through large capitalist business model and it has exceeded this to become the standard for all startups and medium projects, even individual ones.
The need of business capital by startups and conglomerates made them depends directly on conventional financing: personal resources, banks, capital sales and angel investors. But the revolution of the Internet has enabled startups to devise a new ways to raise funds for their project and a new concept has been born: crowdfunding.
Crowdfunding is a process generally organized through a website and promoted through various social networks. It is a means by which entrepreneurs and startups can raise funds for projects by collecting investments directly from individuals. In return, benefits, discounts or contributions to share capital are offered.
The concept of crowdfunding has changed since the arrival of cryptocurrencies especially Ethereum with a blockchain that can be used to create tokenized assets; the ICO (Initial Coin Offering). An Initial Coin Offering (ICO) is the cryptocurrency space's rough equivalent to an IPO in the mainstream investment world. ICOs act as fundraisers of sorts; a company looking to create a new coin, app, or service launches an ICO. Next, interested investors buy in to the offering, either with fiat currency or with preexisting digital tokens like ether. In exchange for their support, investors receive a new cryptocurrency token specific to the ICO. Investing in ICO is highly risky because the company may be incompetent or fictitious sand the project itself is not saved from imminent shutdown or poor management.
Loligo want to set things right in ICO crowdfunding by creating a decentralized platform for ICOs that is fair, peer-to-peer and blockchain-based which will be able to protect the right of investors and their investment from misused of raised funds by project founders and team members. This will be possible with the usage of smart contracts which will allow phase released of raised funds according to the timeline of the project.
Loligo is a revolutionary platform that ensures the smooth operation of ICOs through innovative staggered contracts and under the control of the participants. Loligo allows both community and centralized approaches while reaping the most benefits. In practice, it's a cryptocurrency based on a public and open-source blockchain, run by a
company that serves as a legal representative.
Loligo token is minable and environmentally friendly consuming little energy when compare to others due to dual mining. Miners will be able to sell the tokens on recognized crypto exchanges, and ICO investors will be able to use them to participate in fundraising, including those affiliated with the ICOSafe program. Loligo platform is an open source with a range of many services to facilitate governmental adoption of ICOs.
Loligo Features
Mineable
Store of value
Limited supply
Deflationist
Self driven governance
Fair and decentralized
Loligo Services
ICO Launch- ICO launch is a complete package for ICO. It covers technical expertise, the development of various deliverables, as well as scheduling and promoting the campaign.
Safety Service- Loligo experts will always do thorough background check of an ICO founder and his background. They will also take their time to study all sides of the project which will include the white paper, the usefulness of the project, sources in the case of free projects, the correspondence to the requested amount and many more.
Govlink- Loligo service is activated by region. This is possible by offering each country a variety of instruments to monitor the financial status of accounts and take necessary measures in case of fraud detection.
For more info on this project, please visit the link below:
Username: Vinarianty05
Profile: https://bitcointalk.org/index.php?action=profile;u=1548200
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