LOLIGO ICO PROJECT - SAFETY ECOSYSTEM PREVIEW

Loligo is the safest and most advanced ICO crowdfunding platform. Loligo platform offers all the required tools for a successful & professional ICO.

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. LOLIGO platform offers all the required tools for a successful & professional ICO.

About Loligo

Loligo is a launch platform based on blockchain, which offers decentralization and transparency for its users. Fortunately, blockchain offers intelligent contracts that help raise funds for ICOs, but have also implemented collective redundancy. Thanks to miners selling tokens on exchanges, various individuals can buy and participate in fundraising of the ICO’s.

Many funds have been gathered through the ICO, and it continues to grow. By 2017 there were about $ 5 billion, and at the end of 2018 it was already reaching the spectacular $ 14 billion. All of this had an important role for the blockchain community, but there is also a negative side where there are risks due to the lack of legal and administrative staff. Many users do not have the technical skills to evaluate a project, so sometimes they come into investments that never have an end. In 2017, 84% of ICO funded projects were in the idea phase, 11% were prototype and only 5% were for already active companies.

Loligo Mission

Loligo comes with the fundraising solution and offers on the market the technical and legal solution of the fundraising risks of campaigns. Loligo is a revolutionary platform that sustains and strengthens the idea of running projects and raising ICO funds under the control of participants. This allows for both the centralized approach and the community for as many benefits as possible. Loligo is run by a company that serves as a legal representative and acts as a cryptocurrency.

Problem

It is impossible to guarantee an ICO to be safe to invest. ICO holder would escape with the funds resulting in investors to lose all their money. There is no platform exist which offers funding insurance or a solution for funding risk.

• So called centralized ICO platforms such as Indiegogo conducts the ICO without implementing a blockchain. Centralized platforms necessitate the utilization of a third party which brings its’ own risks such as; hacking, manipulation, excessive margins and abuses of power.

• Ethereum is the P2P ICO platform of choice for blockchain based projects. However, it is not 100% compatible with the ICO crowdfunding mechanism. It needs to be fairer, purely dedicated to ICO crowdfunding mechanism, providing the optimum security while keeping sale contract deployment simple.

• Hybrid platforms such as KICKICO provides ICO purchases based on ERC-20 standard based Smart Contracts. On the contrary, all the duties such as monitoring and transaction management is conducted via traditional centralized systems which are complex.

• There are other platforms in development phase which are superior to Ethereum such as Neo, Cardano and EOS but yet to be operable in ICO market.

Solution

Using Loligo does not necessarily require access to the online platform, and the main package provides access to all the blockchain functions. This basic formula includes a full node wallet, a mobile access application, and Smart Explorer access. In order to take advantage of the power of Loligo’s decision. It is essential to have an online account to exploit the power of the Loligo solution, depending on the subscribed offered, several tools are available.

Factory: Allows the ICO Starter to edit, test, test, and publish its LCC contract in the blockchain.

Dashboard: Online ICO Campaign Management Service through an intuitive graphical adviser, offering classic dashboard features and many more

Market: This component lists ICO and associated labels and allows direct purchase of tokens.

Benchmark: All ICOs are verified by our experts and through automated real-time analysis, results are available in the benchmark tool.

Exchange: Loligo is a private cryptocurrency exchange that supports all ICOs launched via the Loligo platform.

Smart Wallet: Allows the purchase and storage of LOLIGO symbols, participation in various international organizations for raw materials, portfolio monitoring and voting for or against ongoing projects.

Features

Token distribution

The total number of sold tokens is 16M. Tokens sold during the ICO will be automatically reported on the final blockchain. Since the final currency is not an ERC-20 token, all ERC-20 tokens will be burned as soon as balances are reported on the main blockchain. The information provided regarding the creation, processing and allocation of tokens represents the current plan. The distribution plan is subject to change; any changes to it will be officially announced via their social channels.