LOLIGO:WORLD'S 1ST ICO SAFETY ECOSYSTEM

adulojuclara (30)in #blockchain • 6 years ago

THE LOLIGO PLATFORM

This is a revolutionary platform that is created specifically to ensure the smooth operation of IOC's through the process of innovative staged contracts and also under the control of the participants.

This platform gives both community and centralized approaches the most reliable ways to make benefits. The platform is a cryptocurrency system that is based on a public and open source blockchain and it is run by company that serves as a legal representative.

The diagram below explain or summarizes every thing about the platform in general.

The method used by the platform gives the users the opportunity to

(1)Ensure optimal performance

(2)Add controls and access constraints to the blockchain

(3)It solves the ICO safety problems which is DAICO

(4)Prepare for the formal adoption of ICO by nations

(5)Streamline the launch process by defining steps and also imposing rules.

FEATURES OF THE PLATFORM
They are several features that makes loligo platform stands out from others and they include

Decentralized nature of the platform

They offer professional direct support to investors

It is a public and open source blockchain that targets community wide adoption.

Loligo blockchain is dedicated to the launch of ICOs

The platform offers a set of new generation tools such as the smart explorer

Security governance

Miner oriented

THE CYCLIC CONTRACTS
The platform introduces an innovative type of contract for the phased release of funds. In the platform,funds are released under the control of passive participants votes. The diagram below explains more to this

The loligo contracts are adjusted by acting only on the configuration parameters which is start date of the projects,duration of its development, control period and the voting score for further distribution.

THE BUSINESS PLAN
This platform is an open source projects,free of distribution rights and seeking widespread community adoption. The platforms business plan was developed in a way to ensure profitability and sustainability of revenues of the founding company while preserving liberty and transparency of the blockchain.

The funds generated by the platform will be used to maintain the code and then develop new features which will make the platform stay out at a competitive level in the course of trade.

THE TOKENS

The total number of tokens sold out is 16million. The tokens sold during the ICO will be reported on the final blockchain. All the ERC-20 tokens will be burned immediately the balance report are made and this is because the final currency is not an ERC-20 token.

The sale will be carried out using the smart contract and the source will be available online. The token allocation and the funds distribution is seen below.

ROADMAP
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THE TEAM MEMBERS
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Advisors:
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FINALLY::
The loligo platform is an interesting project with great concept. The platform is an ICO system that offers complete and unique technical solution to all the problems and risks of fundraising projects.