INTRODUCTION
The introduction of Bitcoin and Cryptocurrency have has led to the disruption of the hitherto existing platforms and business establishments among the nation's in the globalized world. In the area of investment, such revolution include crowdfunding that has taken a new dimension. Rather than the centralized form, crowdfunding has taken a decentralised form in ICO (Initial Coin Offering). An ICO is a fundraising method that involves the issuance of tokens on a blockchain independently of a trusted third party.
CHALLENGES IDENTIFIED
In spite of its benefits however, the present ICO operations is not without weakness. These weaknesses lead to the introduction of Loligo Platform as solution to ICO shortcomings. These may include several indisputable risks. Others also are technical flaws and lack of immunity of projects to a future shutdown or bad management. What then is Loligo platform and how does it work? These are the focus of this article which I, Solman will analyse in the subsequent paragraphs.
LOLIGO SOLUTION
Loligo is a decentralized launching platform for ICOs that is fair, peer-to-peer and blockchain-based. Blockchain implements smart contracts permitting a phased release of funds gathered for the ICO while, at a similar time, a collective right of withdrawal. The token is both mineable and environmentally agreeable, devouring little energy because of double mining. Miners can sell the tokens on perceived exchanges, and people will have the capacity to utilize them to take an interest in fundraising, incorporating those affiliated with the ICOSafe program. A scope of services is accessible to encourage governmental adoption of ICOs. The platform is open source and free.
The platform guarantees the smooth task of ICOs through innovative staggered contracts and under the control of the members. Loligo permits both network and incorporated methodologies while receiving the most rewards. Practically speaking, it's a cryptocurrency based on a public and open-source blockchain, run by an organization that fills in as a legal delegate.
FEATURES OF LOLIGO PLATFORM
There are a few highlights which recognize Loligo from different tokens and cryptocurrencies available going for taking care of the flows requests and weaknesses innthe current crowdfunding position. The significant ones are as per the following:
☆MINEABLE: Loligo is a public and open source blockchain that objectives a network wide adoption. The principle token is mineable. A base value proportional to used energy is guaranteed.
☆STORE OF VALUE: Unlike "utility tokens," whose emission is controlled by a solitary line of code, Loligo is a genuine digital media value storage, much the same as gold or Bitcoin.
☆LIMITED SUPPLY: The quantity of Loligo tokens is set ahead of time. No progressions are allowed. No concealed swelling is made. The shortage of tokens over medium and long terms guarantees guaranteed returns on investments.
☆DEFLATIONIST: As with Bitcoin, issuance of Loligo diminishes with expanding trouble that adjusts to the general hashrate.
☆ABSENCE OF EXTRA PREMINING: Several currencies have utilized premining. This training is identified with reservation tricks and maltreatment of unsold tokens regularly kept after the ICO. Loligo is a special case, mining just the amount of tokens sold amid the ICO.
☆MINER ORIENTED: Unlike numerous popular cryptocurrencies whose mining segment held by the organizer here and there achieves 20%, for example, Zcash, all compensation from Loligo mining is accessible only to the excavator.
☆FAIRNESS: Through its staggered contract, Loligo is the best way to guarantee a fair and adjusted connection between the project launcher and investors.
☆DECENTRALIZED: Loligo isn't impacted by any substance or organization. The DAO idea is totally expelled from the governance protocol.
☆COMMITTED NETWORK: Unlike different currencies, the Loligo blockchain is committed solely to the dispatch of ICOs.
☆SECURITY GOVERNANCE: Despite across the board, basic adoption, arrangements and choices identified with the advancement of more customary currencies stay misty. Loligo closes any understanding and presents security governance.
☆PROFESSIONAL SUPPORT: Through its parent organization, Loligo offers guide proficient help to investors. This incorporates finish bolster, ability, evaluating, or even code composing.
☆FUTURE GENERATION TOOLS: Absent quality tools, monitoring and administration of blockchain ICOs today stays troublesome or unimaginable. Loligo offers an arrangement of new-age tools like Smart Explorer, permitting monitoring of a whole portfolio.
LOLIGO EXCHANGE
This is a private cryptocurrency trade that reliably underpins all ICOs propelled through the Loligo platform. It principally enables ICO token holders to sell their reserves previously the official listing. Our trade additionally enables miners to sell their tokens straightforwardly in a commercial center with adequate interest. Notwithstanding the instinctive method of trade, an "expert" mode is accessible for further developed clients. Its particular design grants bolster for a few perceived currencies. Stores and withdrawals to the Smart Wallet are locally bolstered.
At first it was chosen to help the accompanying currencies:
》 ETH/BTC: These are the two most perceived crypto currencies and acknowledged around the world. This guarantees most extreme interoperability exchange and trade of currencies.
》 LTC (Litecoin): The third most perceived money and by a wide margin the one with the quickest blockchain among the top 5. LTC is bolstered by pretty much every trade and straightforwardly buyable with fiat.
》 ZCL (Zclassic): For reasons of safeguarding of secrecy, it was chosen to propose a cash offering exchange encryption. Our decision was centered around Zclassic because of accessible liquidity, the vast trade bolster or more all, the nonattendance of shrouded costs.
OUR SERVICES
☆ICO Launch
This is a total package for launching ICOs. Our groups put their experience serving customers wishing to dispatch fundraising efforts. This spreads specialized ability, the improvement of different expectations, and planning and advancing the battle. Customers deciding on this administration can likewise profit by our monetary system and start their public deal with an agreeable and welcoming presale.
☆Proficient Service
The consulting administration is the entirely business side of Loligo project. In reality, this is the principle benefit that use our open and free code to get the most extreme advantage. This happens basically by private arrangement of the platform, giving developmentservice, composing contracts, and structuring complex blockchain-based arrangements.
☆GovLink
Amid the earlier year, ICOs have risen as the most disentangled strategy for fundraising. Nonetheless, to guarantee the manageability of this procedure, a formal adoption by states stays fundamental today. This inescapable adoption today is a long way from achievable. Actually, no specialized arrangement has been to adjust the freedom and effortlessness of interest in ICOs and directions asked for by the states. A few governments have started to look for legal systems related with dependable specialized means.
Loligo is the principal platform to offer this arrangement that will without a doubt make ICO history. To be sure, our discretionary administration is initiated by nation and offers every nation an assortment of instruments to monitor the monetary status of records and take important measures if there should arise an occurrence of extortion discovery.
Total ICO supply: 16M
Technology: ERC-20 then Loligo Blockchain (see roadmap)
Available for purchase: 11.2M
Accepted currency: FIAT/ETH during private sale. FIAT, ETH, BTC, LTC in public sale
SoftCap / HardCap: 0.95M$ / 12M$
Initial rate: 1 LLG=0.003 ETH (±1.07$)
ROADMAP
For more information visit:
Website: https://loligo.co/
ANN Thread: https://bitcointalk.org/index.php?topic=4847741.0
Whitepaper: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
Telegram: https://t.me/loligoico
Authored by Solman: https://bitcointalk.org/index.php?action=profile;u=1903032
Public key: 0xCf9da57D7455aFBD22537a533FE86B880436EE54