LOLIGO PROJECT 2018-((THE WORLD FIRST ICO SAFETY ECOSYSTEM))

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INTRODUCTION:

An initial coin offering (ICO) or initial currency offering is a type of crowdfunding using cryptocurrencies. In an ICO, a quantity of cryptocurrency is sold in the form of "tokens" ("coins") to speculators or investors, in exchange for legal tender or other cryptocurrencies such as bitcoin or ethereum. The tokens sold are promoted as future functional units of currency if or when the ICO's funding goal is met and the project launches.

An ICO can be a source of capital for startup companies. ICOs allow startups to avoid regulatory compliance and intermediaries such as venture capitalists, banks and stock exchanges. ICOs may fall outside existing regulations, depending on the nature of the project, or be banned altogether in some jurisdictions, such as China and South Korea.

ICOs have been prone to scams and securities law violations. Fewer than half of all ICOs survive four months after the offering, while almost half of ICOs sold in 2017 failed by February 2018. Despite their record of failure and the falling prices of cryptocurrencies, a record $7 billion was raised via ICO from January-June 2081

The first token sale (also known as an ICO) was held by Mastercoin in July 2013. Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million at the time. An ICO was held by Karmacoin in April 2014 for its Karmashares project.

ICOs and token sales became popular in 2017. There were at least 18 websites tracking ICOs before mid-year. In May, the ICO for a new web browser called Brave generated about $35 million in under 30 seconds. Messaging app developer Kik's September 2017 ICO raised nearly $100 million. At the start of October 2017, ICO coin sales worth $2.3 billion had been conducted during the year, more than ten times as much as in all of 2016. As of November 2017, there were around 50 offerings a month, with the highest-grossing ICO as of January 2018, being Filecoin raising $257 million (and $200 million of that within the first hour of their token sale).

Kik had previously issued $50 million in tokens called "Kin" to institutional investors, and sought to raise an additional $125 million from the public. In connection with this ICO, an unidentified third party executed a phishing scam by circulating a fake URL for the offering through social media.

By the end of 2017, ICOs had raised almost 40 times as much capital as they had raised in 2016, although still amounting to less than two percent of the capital raised by IPOs. According to industry newsletter Cointelegraph, companies raised around $6 billion via ICOs in 2017; 37% of that amount was made by only 20 ICOs. Already by February, 2018, an estimated 46% of the 2017 ICOs had failed.

ICOs are sometimes called "token sales". Amy Wan, a crowdfunding and syndication lawyer, described the coin in an ICO as "a symbol of ownership interest in an enterprise—a digital stock certificate" stating that they are likely subject to regulation as securities in the U.S. under the Howey test.

Ethereum is (as of February 2018) the leading blockchain platform for ICOs with more than 80% market share. Tokens are generally based on the Ethereum ERC-20 standard. According to Cointelegraph the Ethereum network ICOs have resulted in considerable phishing, Ponzi schemes, and other scams, accounting for about 10% of ICOs.

On January 30, 2018, Facebook banned advertisements for ICOs as well as for cryptocurrencies and binary options. By April 9, 2018, ICO advertising has been banned not only by Facebook, but by Twitter, Google, and MailChimp.

In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: LOLIGO

WHAT IS LOLIGO?

LOLIGO is the safest and most advanced ICO crowdfunding platform. It Offers token creation through LCC smart contracts. It ensures a fair fund distribution based on milestones and participants' vote. LOLIGO platform offers all the required tools for a successful & professional ICO. LOLIGO insures a perfect compatibility with Ethereum wallets and smart contracts and offers flexible interoperability with Ethereum Dapps. It acts on three main levels: Trading, Funding and Services.

ABOUT LOLIGO

The expansion of capitalism is deeply changing the global economic model. This hasn't stopped with the major institutions and multinationals that have been created, managed and led through large capitalization; it has exceeded this to become the standard for all startups and medium projects, even individual ones.

The need for capitalization made businesses directly dependent on conventional financing: personal resources, banks, capital sales and business angels. The Internet revolution has enabled project sponsors to implement new ways to raise funds, and a new concept has been born: crowdfunding.

Crowdfunding is a process generally organized through a website and promoted through various social networks. It allows entrepreneurs to raise funds for projects by collecting investments directly from individuals. In return, benefits, discounts or contributions to share capital are offered. With banks no longer the only masters of funds and capital, projects are likely to be conducted more freely. In practice, this happens through
platforms or trusted third parties such as Kickstarter, which is responsible for collecting the funds and guaranteeing the obligations of the various parties.

With the arrival of Bitcoin and cryptocurrencies, crowdfunding has taken on a new format: the ICO (Initial Coin Offering). An ICO is a fundraising method that involves the issuance of tokens on a blockchain independently of a trusted third party. In this case the buyer does not hold a stake in the company, but a token that will allow him to use the service once the final product is developed, with the hope that its value will increase due to demand. This collection has several indisputable risks, however; in project itself is not immune to a future shutdown or bad management.

Loligo is a decentralized launching platform for ICOs that is fair, peer-to-peer and blockchain-based. Blockchain implements smart contracts permitting a phased release of funds collected for the ICO while, ​at the same time, a collective right of withdrawal. The token is both mineable and environmentally friendly, consuming little energy thanks to dual mining. Miners can sell the tokens on recognized exchanges, and individuals will be able to use them to participate in fundraising, including those affiliated with the ICOSafe program. A range of services is available to facilitate governmental adoption of ICOs. The platform is open source and free.

EXPLANATION VIDEO

LOLIGO FEATURES

LOLIGO TEAM AND ADVISORS BOARD

LOLIGO ROADMAP

LOLIGO ICO ANALYSIS

The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the LOLIGO PLATFORM

LOLIGO TOKEN ANALYSIS

• Token Symbol »» LLG

• PreICO Price »» 1 LLG = 0.002 ETH

• Price »» 1 LLG = 0.003 ETH

• Bonus »» Available

• MVP/Prototype »» Available

• Platform »» Ethereum

• Accepting »» ETH,Fiat

• Soft cap »» 950,000 USD

• Hard cap »» 12,000,000 USD

• Country »» France

• Whitelist/KYC »» KYC & Whitelist

• Restricted areas »» USA, China

CONCLUSION:

Thanks to Blockchain Technology and LOLIGO Platform for introducing better and incomparable ideas in the World Crypto

For more information about this project, please! follow the links bellow » » »

★ANN TREAD: https://bitcointalk.org/index.php?topic=4847741.0

★WEBSITE: https://loligo.co

★WHITEPAPER: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf

★TWITTER: https://twitter.com/Loligo_co

★MEDIUM: https://medium.com/@Loligo_co

★TELEGRAM: https://t.me/loligoico

★ONEPAGER: https://loligo.co/assets/doc/LOLIGO-ONEPAGER.pdf

★FACEBOOK: https://www.facebook.com/loligo.co

••BITCOINTALK USERNAME: Dprince2281

••BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1907552;sa=summary

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AUTHOR: Dprince2281