LARGOCOIN: A TEMPLATE FOR UPGRADABLE DIGITAL MARKET SOLUTIONS.

wrichmond (25)in #largo • 4 years ago (edited)

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INTRODUCTION

Cryptocurrency and the blockchain is not a stagnant technology and even though at first, there was no provision to satisfy the demands of the digital market as it become massively adopted, one way or another, the subsequent innovations in it are correcting the errors and filling those laspse. One of such lapses is the tendency of the existing infrastructures to improve or be able to meet the need of the system as it grows. This is a very challenging problem that need to be solved and having considered the suitable options for solutions, Largo platform introduces LargoCoin as the solution that can be trusted.

ABOUT LARGO PLATFORM

LARGO coin platform demonstrates how the coin it creates is able to overcome the challenges of the market and ride into the future when there is growth. It makes the solution able to affect the market and scale up further to be useful in the future even as it is now because the template of design allows further improvement and is flexible to any increase in scalability. However, it is going to function in this present market by first encouraging peer to peer transfers, through the software created essentially for this purpose, it would achieve this objective. It also has a wallet for multi purpose transactions that is both compactible with the desktop and other portable mobile devices. Users can therefore use the web version of the wallet or have the app installed to come about easy transfer of digital assets through it, protecting their funds and also making sure they have the conveniency and flexibility of use within the blockchain. Largo foundation takes this platform as its project to sponsor and have all blockchain experts comtribute greatly into it. The aim is to encourage and increase the use of the blockchain, make it stable and useful for all financial transactions.

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ABOUT THE MINTING OF LARGOCOIN

The issuing of largocoin follows the laid down plan in the road map of this platform. Using the token is aimed at increasing the use of the platform and the adoption of the blockchain by many people within a short period of time and as it was launched last year, it has begin the execution of the plan set which made about 20% of the token to be minted at that period for people to begin to purchase it. Moreso, the reward distribution would take place after the first year before another issuing of the token is done to reduce any form of pressure in the market and in the ecosystem.

CONCLUSION

Buying and selling of the token would be allowed in exchanges and as that is done, the growth of the platform will increase further to make the market price of the token increase as well. This would be a big gain for the early investors and users of largocoin. The team will be actively working, ensuring that the platform is well controlled and the token issuing done as planned inorder not to exceed the total emission of 200 million so as to achieve price growth stability in an exponential way.

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