FIRST SAFETY ICO BASED ON BLOCKCHAIN
Hello guys, I have something I want to share with you today that I bump through during my article review. I will start by introducing blockchain briefly then later, talk about ICOs.
The blockchain is a decentralized digital asset that has the capability to arrange data, manage inter-nodes blocks and so on. Blockchain, as the name implies, are blocks that are undisruptive and they are capable to do all things. Blockchain has gained a lot of popularity over the past few years of existence and has acquired a lot also. It was created by Satoshi Nakamoto in 2008 alongside other digital assets known today. So basically blockchain secures, very important security is their priority. Most platforms do use blockchain as it seems unstoppable in the market today.
However, initial coin offering (ICO) is a type of fund that uses cryptocurrency. You find out that the process may be done by crowdfunding but the most common one now is the private ICOs. So investors or speculators buy a quantity of cryptocurrency that can be in different forms like coins or tokens in the ICO or even in other cryptocurrencies like Bitcoin or Ethereum. Besides token sold are promoted as a future functional unit of currency either when the major purpose of the coin is met or when the project eventually launches it ICOs. Like most times using Ethereum, it will be required to use the system just for its purpose. Moreover, an ICO can also be a source for capital for most startup companies.
The very important platform I would say, however, am here to talk about the new thing in the market it the platform called LOLIGO.
THE PLATFORM
LOLIGO is a blockchain based and a decentralized platform which is for ICOs and offers a peer-to-peer service for users. Using blockchain in the platform means that the implementations of smart contracts will be permitted so that funds of ICOS can be collected and also be withdrawn. However, tokens are thus environmentally friendly and mineable and have a dual mining system that consumes little energy. Miners sell tokens on different exchanges and individuals can use them to participate in ICO safe program or fundraising. The platform is indeed free and open to all.
OVERVIEW
Now in the market, they are centralized ICOs everywhere and these ICOs are launched by most companies without even thinking of using blockchain. There are different means that sales happen on the company’s website either by using Bitcoin (BTC) or Ethereum (ETH) and even credit card. Beside these platforms are safe and effective but what if individuals want to use a guaranteed third party. You find out that in this case hacking, abuse of power manipulations and excessive margins all comes in place. You know the reason why it is because top traditional banks and financial institutions in the market thus rejects solutions based on fundraising and blockchain based but till date I can tell you that decentralized blockchain projects are offering and launching the best ICOs. The main way is Ethereum, since the launching in 2015 it has become a method for automated ICO launching.
It is carried out using the smart contract on blockchain and it is operated by a company which serves as a legal representative.
FEATURES
LOLIGO features a lot in the platform but I will be listing some of them below;
o Limited supply
o Mineable
o No Extra Premining
o Store of Value
o Fair
o Security Governance
o Decentralized
It has all that users can stick on, the platform is indeed unlimited.
FINAL THOUGHT
I would say this is a great opportunity to be a part of this platform. Indeed loligo has given a platform that has first ICOs that is based on the blockchain. So you can be a part of this;
For more details, visit the links below. Thanks.
BitcoinTalk Username: kelvinkent
https://icobench.com/ico/loligo
https://www.trackico.io/ico/loligo/
https://bitcointalk.to/index.php?topic=4993513.6120
https://bitcointalk.org/index.php?topic=4847741.0
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436