LOLIGO - The World’s 1st ICO Safety Ecosystem
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: LOLIGO. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
ABOUT LOLIGO
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 collected for the ICO while, at the same time, a collective right of withdrawal. The token is both mineable and environmentally friendly, consuming little energy thanks to dual mining. Miners can sell the tokens on recognized exchanges, and individuals will be able to use them to participate in fundraising, including those affiliated with the ICOSafe program. A range of services is available to facilitate governmental adoption of ICOs. The platform is open source and free. LOLIGO Offers token creation through LCC smart contracts. It ensures a fair fund distribution based on milestones and participants' vote.LOLIGO platform offers all the required tools for a successful & professional ICO.
PROBLEMS
Centralized ICO platforms such as Indiegogo conducts the ICO without implementing a blockchain. Centralized platforms necessitate the utilization of a third party which brings its’ own risks such as; hacking, manipulation, excessive margins and abuses of power.
Ethereum is the P2P ICO platform of choice for blockchain based projects. However, it is not 100% compatible with the ICO crowdfunding mechanism. It needs to be fairer, purely dedicated to ICO crowdfunding mechanism, providing the optimum security while keeping sale contract deployment simple.
It is impossible to guarantee an ICO to be safe to invest. ICO holder would escape with the funds resulting in investors to lose all their money. There is no platform existing which offers funding insurance or a solution for funding risk.
Hybrid platforms such as KICKICO provides ICO purchases based on ERC-20 standard based Smart Contracts. On the contrary, all the duties such as monitoring and transaction management is conducted via traditional centralized systems which are complex.
There are other platforms in development phase which are superior to Ethereum such as Neo, Cardano and EOS but yet to be operable in ICO market.
But there is a solution(formula) and this formula allows users to:
Finally Solve the ICO safety problem, known as DAICO.
Add controls and access constraints to the blockchain
Require standards in the launch process and the code of contracts
Streamline the launch process by defining steps and imposing rules
Establish a fair management model incomparable with the famous DAO
Ensure optimal performance, thanks to the dedicated ICO network
Prepare for the formal adoption of ICO by nations.
SOLUTIONS LOLIGO OFFERS
Factory
Allows the ICO launcher to edit, check, test and publish its LCC contract on the blockchain.
Dashboard
An online service to manage ICO campaign through an intuitive graphical wizard while offering the classic features of the dashboard and much more Market: This component lists ICOs and associated labels and allow direct token purchase.
Benchmark
All ICOs are verified by our experts and through automated real-time analysis, results are available in the benchmark tool.
Exchange
This is a private cryptocurrency exchange that supports all ICOs launched via the LOLIGO platform. Smart Wallet: Allows the purchase and storage of LOLIGO tokens, participation in different ICOs, portfolio monitoring, and voting for or against current projects.
Smart Wallet
Allows the purchase and storage of LOLIGO tokens, participation in different ICOs, portfolio monitoring, and voting for or against current projects.
FEATURES OF LOLIGO PLATFORM
Mineable
Loligo is a public and open source blockchain that targets a community-wide adoption. The main token is mineable. A minimum value proportional to expended energy is guaranteed.
Store of Value
Unlike "utility tokens," whose emission is controlled by a single line of code, Loligo is a true digital media value storage, just like gold or Bitcoin.
Limited Supply
The number of Loligo tokens is set in advance. No changes are permitted. No hidden inflation is created. The scarcity of tokens over medium and long terms ensures guaranteed returns on investments.
Deflationist
As with Bitcoin, issuance of Loligo decreases with increasing difficulty that adapts to the overall hashrate.
No Extra Premining
Several currencies have used premining. This practice is related to reservation scams and abuse of unsold tokens often kept after the ICO. Loligo is an exception, mining only the quantity of tokens sold during the ICO.
Miner-Oriented
Unlike many famous cryptocurrencies whose mining portion reserved by the founder sometimes reaches 20%, such as Zcash, all compensation from Loligo mining is available exclusively to the miner.
Fair
Through its staggered contract, Loligo is the only way to ensure a fair and balanced relationship between the project launcher and investors.
Decentralized
Loligo is not influenced by any entity or agency. Listed on the public exchange, the price of the token is fixed by the single free trade in this market.
Dedicated Network
Unlike other currencies, the Loligo blockchain is dedicated exclusively to the launch of ICOs.
Security Governance
Despite widespread, common adoption, policies and decisions related to the evolution of more traditional currencies remain unclear. Loligo ends any interpretation and introduces security governance.
Professional Support
Through its parent company, Loligo offers direct professional support to investors. This includes complete support, expertise, auditing, or even code writing.
Next-Generation Tools
Absent quality tools, monitoring and management of blockchain ICOs today remains difficult or impossible. Loligo offers a set of new-generation tools like Smart Explorer, allowing monitoring of an entire portfolio.
Although Loligo is an open source project, in order to maintain the code and develop new features to stay competitive in the market a business model has been established. For those who want to launch an ICO there are other paid options as Premium and Advanced each have distinct level of safety and ergonomics. Each option has limited and unlimited access to various services which could be viewed at https://loligo.co/
TOKEN AND ICO DETAILS
Token - LLG
Platform - Ethereum
Type - ERC20
PreICO price - 1 LLG = 0.002
ETH Price in ICO - 1 LLG = 0.003 ETH
BONUS
Pre-sale, 01/08-01/09 2018 - 30%
Tokens for sale - 11,200,000
Accepting - ETH,Fiat
Distributed in ICO - 70%
Soft cap - 950,000 USD
Hard cap - 12,000,000 USD
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
For more information, please visit;
Website: https://loligo.co/
Whitepaper: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4847741.0
Twitter: https://twitter.com/Loligo_co
Medium: https://medium.com/@Loligo_co
OnePager: https://loligo.co/assets/doc/LOLIGO-ONEPAGER.pdf
Facebook: https://www.facebook.com/loligo.co
Telegram: https://t.me/loligoico
Author
nugezmils
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621