LOLIGO - Decentralized Ecosystem for Securing ICOs

gittaformosa (10)in #cryptocurrency • 6 years ago

Introduction

The growth of fundraising through ICO has become very spectacular. In 2017, the total amount raised was estimated to be $5 billion, and has reached 14$ billion since early 2018. However, in the absence of legal and administrative frameworks, ICOs pose many risks for individual users who often lack the technical skills needed to evaluate the
potential of a project. They find themselves trapped by investments that never take off.In 2017, 84% of projects funded through ICOs were in the idea stage, 11% were in the prototype stage and only 5% were for already active companies.

Hidden under a crypto-acronym or marketing campaign on social networks, the identity of a promoter may remain unknown or even risky. The creation of a company is not required by the community; it is able to issue a token and launch an ICO without officially disclosing its identity. To date, there is no reliable way to identify a project
leader.

ICOs can be achieved through direct sales. This process is mainly based on the confidence participants have in the company that is leading the project. The purchased tokens generally are not within any blockchain; they are simply located in the database of the ICO launcher. This approach is used less and less, thanks to the advent of smart contracts,visit website https://loligo.co/ more information.

What is LOLIGO ???

LOLIGO is the safest and most advanced ICO crowdfunding platform.

LOLIGO Offers token creation through LCC smart contracts. It ensures a fair fund distribution based on milestones and participants' vote and 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 platform offers all the required tools for a successful & professional ICO.

Features

Mineable
A minimum value proportional to the energy expended is guaranteed.

Store of value
LOLIGO represents a real digital storage medium, just like gold, silver or bitcoin.

Limited supply
The scarcity of the token guarantees a return on investment

Deflationist
The emission of LOLIGO decreases with increasing difficulty that adapts to global hashrate.

Security driven governance
LOLIGO Blockchain governance is only related to performance and fault management.

Fair
LOLIGO is the only Blockchain imposing a balanced crowdfunding relationship.

Decentralized
LOLIGO is not influenced by any entity or organization.

Dedicated network
Unlike other currencies, LOLIGO Blockchain is dedicated exclusively to the launch of ICOs.

No extra premined
LOLIGO is premining only the tokens sold during the ICO.

Ecosystem

This formula allows users to:

Finally Solve the ICO safety problem, known as DAICO.
Add controls and access constraints to the blockchain
Require standards in the launch process and the code of contracts
Streamline the launch process by defining steps and imposing rules
Establish a fair management model incomparable with the famous DAO
Ensure optimal performance, thanks to the dedicated ICO network
Prepare for the formal adoption of ICO by nations

Formulas

All technical features of the project are available under free license. The parent company provides more paid-plan launches. This will provide a set of additional services to investors and participants, and especially to associate a level of labeling to the concerned ICO,If you want more complete information,read our whitepapper at https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf

Services

ICO LAUNCH
This is a complete package for launching ICOs. Our experts put their experience serving customers wishing to launch fundraising campaigns. This covers technical expertise, the development of various deliverables, as well as scheduling and promoting the campaign.

SAFETY SERVICE
To deal with any inquiry about the founder of an ICO and his background, our experts carefully study every side of the project including 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
Our service is activated by region. It offers each country a variety of instruments to monitor the financial status of accounts and take necessary measures in case of fraud detection.

Labels

IDSafe
Safety label dealing with the ICO founder identity and background then checks the project relevance.

ICOSafe

Full safety label with a certified LCC contract. Ensures technical support and interventions independently of the target amount.

Token distribution

Crowdsale

The sale is executed using a public smart contract, the sources will be available online.Since the token sale is automated, the tokens purchased are immediately transferred to the buyer’s address. The duration of the transaction depends on the network load and the amount of gas available. The purchase fees are the responsibility of the investor.

Refund

If the Softcap is not reached, all purchases will be refunded. Refund starts immediately at the end of the crowdsale and available during one month. Since the refund is a transaction, the associated costs are charged to the investor.

Total ICO supply: 16M
Technology: ERC-20 then Loligo Blockchain (see roadmap)
Available for purchase: 11.2M
Accepted currency: FIAT/ETH during private sale. FIAT, ETH, BTC, LTC in public sale
SoftCap / HardCap: 0.95M$ / 12M$
Initial rate: 1 LLG=0.003 ETH (±1.07$)