LOLIGO Will Make the ICO World Better and Reliable

in #loligo6 years ago

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An ICO is a means for businesses - usually start-ups to receive funding. The supplier issues tokens by way of blockchain technology. ICOs have nature: in principle, anyone with a wallet and Internet access can purchase these tokens. The tokens may be obtained in dollars or euros, but in cryptos, such as Ethereum or Bitcoin. Tokens vary in function and their design. It can be that they provide entitlement to some of the returns or a share in a project. The security offered to investors by regulation is not applicable. Besides a few exceptions, the AFM cannot exercise any oversight of ICOs. There are reports from the media about customers investing with cash of money that is borrowed. They are afraid to miss the boat and expect that the tokens' purchase price will rise as the purchase price of Bitcoin as explosively. The promise of high yields can make the dangers are blinded to by investors. In these dangers form a cocktail for investors. Because of this, the AFM believes ICOs to be unsuitable for investors.

Along with the prior warning regarding investment in cryptos of the AFM, the AFM notes that the following risks with regard. The character of blockchain technology means that investors around the globe can take part in an ICO. At precisely the same time, the cross-border and anonymous aspect of blockchain technology enables forms. The hype of ICOs forms an ideal chance for fraudsters to take advantage. They aren't sufficiently aware that this is a development that's still very much in its infancy, although investors let the promise of returns tempts themselves. As with the online bubble at the century's beginning, the sign of new business models enabled by technology - in this instance blockchain technology - creates overoptimistic expectations' danger. It is possible that these expectations won't be realized. The truth is that the project in an ICO means it is highly uncertain whether the plans can be realized. So if they're realized, there's a risk that the value of service or this product will be far too low in comparison. Moreover, the blockchain technology is itself in the development period, meaning that there are dangers of mistakes in theft or the code of these tokens. Until recently, investing in start-ups was limited with experience and expert knowledge to parties. Most investors underestimate experience and the expert knowledge required to have the ability to generate a decision concerning this sort of investment. With this in-depth and expert understanding of blockchain technology, it's practically impossible to different business models that are viable from project with minimal or no value that is extra. ICOs' suppliers are not transparent when it comes. Information such as the rights of the holder of the tokens the project's dangers, or the funding will be used described in outline terms or not at all. It is impossible for investors to evaluate the value of an ICO and to distinguish ICOs from a project that is fraudulent.

What Is LOLIGO?

In the world of today, bringing investment to produce is becoming ever more popular. ICO is a popular tool which allows attracting funding while avoiding prices and providing the necessary guarantees to investors. To establish a crowdsale, it's essential to submit another project with the support of programmers, to run an advertising campaign with the help of marketing experts, etc. Not every enterprise has to give up the concept of holding an ICO and frequently can manage processes. Alternatively, enterprises apply to a lender to get a loan for business growth, which will be accompanied by commission fees. LOLIGO is a product that protects them and means of consumers and saves all info, but also a contemporary. Without expenses, investors will be given a channel for investments that are lucrative, and startup companies - investments to the development of their business with LOLIGO. Loligo is its one which ensures the functioning of ICOs using innovative contracts that are staggered under participants' control. Loligo makes it possible for communities and approaches that are centralized to reap. Loligo is a cryptocurrency that's based on an open-source and public blockchain, a company which functions as a representative runs it.

Advantages of LOLIGO

LOLIGO platform relies on blockchain technology that assists LOLIGO provides services. The platform ensures a high degree of security without investments and expenses. To work on a project, it's essential to register with KYC verification, which is a sort of guarantee for an investor in the project that is funded. Each user will get access. LOLIGO platform specializes in launching and creating crowd sales, so the tools for creating an ICO required is found in your account. Thanks to a wide assortment of filters choose the type and the direction of activity to fund an ICO. LOLIGO generates tokens using contracts that are intelligent, ensuring fast and reliable operation of the machine. LOLIGO can help to establish a relationship between a project and an investor. All transactions are carried out with contracts that were smart, and information gets into a publication. An investor's rights are fixed automatically by the system and can't be falsified. The project staff also verifies each project. Owing to its decentralization, LOLIGO is independent of the effect of other or state constructions. With the support of instruments organize data that is analytical in the form of tables or graphs. Since working with ICOs of companies provides for the launch of a range of cryptocurrencies, LOLIGO platform is equipped with its own exchange office, which deals cryptocurrency on terms. LLG tokens are utilized to perform calculations. They're implemented based on the Ethereum ERC-20 standard.
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Conclusion

LOLIGO platform provides ICO production on terms to customers. The usage of LOLIGO is advantageous for ICO founders, who draw investments in their project directly, and for investors that get a guaranteed income from their investments and efficiently. Loligo is a system which guarantees treatment of their ICO through handled and advanced contracts under the participants' control. Loligo empowers an organized community along with a centralized strategy while reaping many benefits. The thought of ​​making LOLIGO endeavor emerged this past year. Presently this platform's preferences are penalized, after. From the end of this past year, the project founders plan to make available this project's performance.

Additional Information and Investor Resources:

WEBSITE – https://loligo.co/
WHITEPAPER – https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
FACEBOOK – https://www.facebook.com/loligo.co
TWITTER – https://twitter.com/Loligo_co
TELEGRAM – https://t.me/loligoico
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Author : thefuturecurrency

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