LOLIGO: A DECENTRALIZED ECOSYSTEM FOR MAKING ICO’S SECURED
Fundraising have greatly increased through ICO, but however, when there is lack of legal and administrative frameworks, ICOs serve as a risk to a lot of single users who do not have the technical skills required to evaluate the potential of a project.
The identity of a promoter may remain unknown while hiding under a crypto-acronym or marketing campaign on social networks.
ICOs can be carried out through direct sales and this process is based clearly on the level of confidence that participants have in companies that usually lead the projects.
Smart contracts are used to describe and carry out the process of hard code between the launcher of an ICO and also the participants, without having a third party.
Differently from the existing ICO platforms, Loligo is able to offer a complete and a unique legal and technical solutions to the problems attached to fundraising campaigns.
Loligo is a platform which is revolutionary, it is one that ensures the smooth operation of ICOs making use of innovative staggered contracts under the control of participants.
Loligo makes it possible for communities and centralized approaches to reap even more effectively. Loligo is a cryptocurrency that is based on a public and open-source blockchain, it is run by a company which serve as a legal representative.
The formula used by the system makes it possible for users to:
• Be able to finally solve DAICO, the safety issues associated with ICO.
• To be able to add controls and access constraints to the blockchain.
• Make requirements of standards in the process of launching and by imposing of rules.
• The establishment of a management model that is fair and incomparable with the famous DAO.
• To ensure an optimal performance, with adequate credited to the ICO network.
• To be able to prepare for the formal adoption of ICO made possible by nature.
• The main token of loligo, is a mineable one.
• Loligo can be used as a store of value.
• There is no limited supply of Loligo.
• Loligo does not have extra premining.
• Loligo operates on a fair system.
• Loligo operates on a decentralized platform.
• The presence of next generation to come.
• Loligo introduces security governance.
• The availability of direct professional support to investors.
• The presence of new generation tools.
• Every compensation obtained from Loligo mining is made available to the miners of Loligo.
The smart wallet of Loligo, is made available online.
Every ICOs that are launched within the Loligo platform are listed immediately in the market.
### LOLIGO EXCHANGE.
Loligo exchange is a private cryptocurrency exchange which supports constantly, every ICO that is launched within the Loligo platform.
The Loligo exchange makes it possible for miners to sell off tokens directly in a market place, the process of deposits and withdrawals to smart wallet are as well greatly supported.
The total number of tokens to be sold is 16M. The tokens that are sold during the ICO period will become automatically reported on the final blockchain.
The distribution plan stated below is currently subject to change but once there is any change in the distribution, there is going to be an official announcement.
The bounty campaign will have 3.00%.
Advisors will have 3.00%.
The team and the founders will have 9.00%.
Marketing will have 15.00%.
Crowdsale will have 70.00%.
R and D will have 50.00%
Marketing will have 30.00%.
Operational unit will have 12.00%.
Services will have 5.00%
Others will have 3.00%.
If the soft cap is not reached, every purchase will be refunded to users.
The token available for purchase is 11.2M.
The soft cap/hard cap is: 0.95M$/12M$.
The initial rate of sale is 0.003 ETH.
By September/October 2018: POC NET Up.
By October 2018: There will be a public token sale.
January 2019: There will be a listing of presale.
February 2019: There will be a Test Net Up.
By May 2019: There will be a consortium Net Up.
By June 2019: There will be a fork and LLG token distribution.
The distribution of mined tokens.
By July 2019: Professional services.
By August 2019: The listing of mineable LLG tokens.
By August 2019: There will be a public mining node.
The availability of miners extra reward.
Authored by: geeboy88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874835
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4