LALA World - An Ecosystem for the migrants and their unbanked families
About LALA World
Global Wallet, Local Partnerships
LALA World (“LALA”) is all about migrants and their unbanked families. Its an ECOSYSTEM enabled by the LALA Wallet as a PLATFORM, a single sign on platform revolving around their issues and problems. Employment issues, digital ID’s, communities build up, government and NGO partnerships, health issues, and of course, a new financial ecosystem for the huge underbanked population by capitalizing the Blockchain revolution to bridge the gap between cash, digital and the crypto world. By creating a whole new peer to peer ecosystem, LALA aims to revolutionize the way individuals, small businesses and micro-entrepreneurs transact, make payments, borrow money and associated products like insurances, domestic and Cross-Border remittances, cards and other general banking products.
LALA World Products
LALA is an ecosystem consisting of 5 major products
LALA Transfer
A Peer-to-Peer local and global remittance backed by crypto as well as fiat
LALA Bill Pay
Local and International bill payments for you and your family
LALA Lends
Domestic and International peer to peer lending via crypto and fiat, individual and small businesses
LALA Card
Crypto and Fiat card synced to your Wallet and usable at millions of PoS globally
LALA Kit
Contains a mobile phone with pre-loaded LALA Wallet, LALA Insurance, LALA Card, Partners' products etc.
ROADMAP LALA WORLD
Single payment Platform for all your financial needsThe platform connects assets and businesses on blockchains to the real-world in a decentralized manner. Developers can develop security smart contract modules, businesses can connect their users and usecase to real-world payments.
LALA TECHNOLOGY AND MVP Few key areas that we have considered while building the tech: 1. Cash is still the dominant medium of exchange in these areas2. Third party intermediaries and brokers are expensive3. Peer to Peer is the road we want to eventually take for all LALA products4. Smart contracts can be used to automate and create trust between participants5. Exchange of value should be fast and efficient6. There has to be a medium for store of value as well7. Most of this population do not understand crypto, how it works and think it is agnostic
LALA TOKENS CREATION, RESERVES AND BREAKDOWN
LALA intends to raise 150,000 ETH from the pre-ICO and the ICO for further expansion, development and other growth activities. That is a total of 150 million LALA Tokens to be distributed to purchasers during the pre-ICO and the ICO.LALA will create a further 100 million LALA Tokens for a total of 250 million LALA Tokens (“Total Tokens Created”), subject to other features of LALA World. Distribution of the Total Tokens Created will be as follows:
• 60% of the Total Tokens Created will be sold during the pre-ICO and the ICO period.
• 15% of Total Tokens Created will be allocated to LALA founders, early investors, technology teams, existing and future employees of LALA, and held in a pro-rata lock-in contract for at least 6 months
• 10% of Total Tokens Created during the ICO will be granted to advisors, consultants, community developers and will be locked in a pro-rata smart contract for 6 months, unless specifically agreed beforehand.
• 15% of the Total Tokens Created will be credited to the reserve. This reserve may be used for future token sale or other purposes as LALA in its sole and absolute discretion may determine.
COMPETITION - LALA IS AN ECOSYSTEM
Web: https://lalaworld.io
Whitepaper: https://lalaworld.io/whitepaper.pdf
Facebook: https://www.facebook.com/MyLaLaWorld
Twitter: https://twitter.com/MyLaLaWorld
Instagram: https://www.instagram.com/lalawallet/
Telegram: https://t.me/LaLaWorld
Medum: https://medium.com/@MyLaLaWorld
Linkedin: https://www.linkedin.com/company/13426271/
MY BT https://bitcointalk.org/index.php?action=profile;u=1149807