Loligo - ICO Safety Ecosystem
hello everyone, my name is donny and i want to make an article about LOLIGO, i am very enthusiastic in making articles about this. loligo could be a revolutionary platform that ensures the sleek operation of ICOs through innovative staggered contracts and beneath the management of the participants/users. squid permits each community and centralized approaches whereas reaping the foremost advantages. In follow, it is a cryptocurrency supported a public and ASCII text file blockchain, pass by an organization that is a personal representative primarily.
WHAT IS LOLIGO ?
Loligo is a platform established to eliminate the risks of investing in ICO’s by providing services for ICO Launchers and a platform for investors. This article will give information regarding the platform which will include, the value proposition, problems and the solution offered, business model, token metrics, ICO schedule, team and my concluding remarks on the ICO parameters.
Raising funds for a blockchain project via ICO has become a standard for the last 3 years. Total amount of bot ICO’s held and funds raised through 2016 to 2018 have both increased. In 2016 total of $0.095 billion raised with 43 ICO’s. The total amount raised was $6.2 billion in the year 2017 with 371 ICO’s. The amount of funds raised is $18.1 billion in the first 8 months of 2018 with 739 ICO’s. Eventhough we have been through a bear market for the last couple of months the ICO market is still huge and it is getting bigger and bigger every moment.
FEATURES OF THE LOLIGO
Several features distinguish Loligo from other tokens and cryptocurrencies on the
market:
Several features distinguish Loligo from other tokens and cryptocurrencies on the
market:
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.
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.
Problem
It is not possible to ensure associate ICO to be safe to take a position. ICO holder would escape with the funds leading to investors to lose all their cash. there's no platform exist that offers funding insurance or an answer for funding risk.
• thus referred to as centralized ICO platforms like Indiegogo conducts the ICO while not implementing a blockchain. Centralized platforms necessitate the employment of a 3rd party that brings its’ own risks such as; hacking, manipulation, excessive margins and abuses of power.
• Ethereum is that the P2P ICO platform of selection for blockchain primarily based comes. However, it's not 100% compatible with the ICO crowdfunding mechanism. It has to be fairer, strictly dedicated to ICO crowdfunding mechanism, providing the optimum security whereas keeping sale contract preparation straightforward.
• Hybrid platforms like KICKICO provides ICO purchases supported ERC-20 customary primarily based sensible Contracts. On the contrary, all the duties like observation and group action management is conducted via ancient centralized systems that ar advanced.
• There ar different platforms in development section that ar superior to Ethereum like modern, Cardano and Eos however nonetheless to be operable in ICO market.
Solution
Loligo could be a platform established specifically to modify ICO operation resistance via staggered smart contracts and participants to manage the ICO. squid Cyclic Contract (LCC) is that the smart contract which can unharness funds in line with the votes of participants in phases. If the participants votes negatively, then project stops and every one the remaining funds ar came back to investors.
Services Provided
ICO Launch
This is a service for corporations who would like to boost funds via crowdfunding. The service includes provision of technical experience, development of varied deliverables, planning and promoting the campaign.
Professional Service
This service is that the strictly business a part of the project which can leverage the open and free code of the platform to induce the utmost profit.
GovLink
As the rising fundraising methodology there's not an entire regulative frame applied to the ICO’s. this is often very important so as to create method property however solely many governments ar work ways that to implement a legal framework. This service is one amongst its kind and is capable to supply sort of instruments to observe the monetary standing of accounts and take necessary actions just in case fraud is being detected. a number of the instruments ar, decleration of suspicion, accounts management and group action interference, machine-controlled payment of taxes and gains etc.
Business Model
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 Metrics
Total supply: 150,000,000 LLG (Minable)
Total ICO supply: 16,000,000 LLG
Technology: ERC-20 then Loligo Blockchain (see roadmap)
Available for purchase: 11,200,000 LLG
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$)
Total supply: 150,000,000 LLG (Minable)
Total ICO supply: 16,000,000 LLG
Technology: ERC-20 then Loligo Blockchain (see roadmap)
Available for purchase: 11,200,000 LLG
Accepted currency: fiat/ETH during private sale. FIAT, ETH, BTC, LTC in public sale
SoftCap / HardCap: 0.95M$ / 12M$
Initial rate: 1 LLG = 0.003 ETH (±1.07$)
Token Distribution
The total number of tokens sold is 16 million. Tokens sold during the ICO will be automatically reported on the last blockchain. Because the last currency is not an ERC-20 token, all ERC-20 tokens will be burned as soon as the balance is reported on the main blockchain. Information provided regarding the making, processing and allocation of tokens represents the current plan. Distribution plans can change; any changes will be officially announced through our social channels.
Discount
On the off chance that the Softcap isn't achieved, all supports raised will be discounted to financial specialists.
Guide
The venture guide is tight and every one of the points of reference will be shrouded in one year which is useful for the financial specialists as far as quantifiable profit.
Group
The center group is made out of 9 prepared experts whose experience go from innovation, enterprise, blockchain innovation, IT to ICO and online business. Names and different subtle elements of the colleagues could be found at https://loligo.co/
Consultants
Warning board comprises of 5 senior experts who has differentiated aptitudes in Machine Learning, IoT, Computer Vision, Augmented Virtual Reality, AI and Robotics, SEO, VC and Angel Investments, web based business Optimization, Sales, Initial Coin Offerings, Crypto Currencies and PPC Marketing, Blockchain Cryptography, Database, Robotics Modeling, Programming and Big Data. Names and different points of interest of the warning board individuals could be found at https://loligo.co/
End
Loligo coin (LLG) is a minable coin of which just 16 million of them will be pre-dug for ICO. There will be more than this figure so this wipes out excavators to dump pre-mined coins on the trade subsequently debasement of the coin is avoided. Another awesome favorable position of LLG is that it is a genuine store of significant worth like Bitcoin. Add up to supply of LLG coins will be 150 million and the sum is settled. Shortage of coins guarantees that in the mid to long haul returns on speculations are ensured.
Usage of the stunned contract LLC, Loligo will empower financial specialists to vote on the execution of the ICO Launcher. At outrageous situations when the voting result happens to be negative, ICO task would be halted and the assets would be come back to the speculators. This gives control back to financial specialists. This instrument will constrain ICO Launchers to stay aware of their responsibilities as expressed in the guide which makes ICO speculation more secure than any time in recent memory.
With the experience pool created because of the built up group, there is presumably that, group would achieve their objectives and convey the guaranteed items/points of reference alongside a specific achievement level. Group has the essential abilities and mastery regarding innovation and its executions so this raises the reliability to a more elevated amount.
Having committed individuals for help is essential for an acquiring procedure like ICO. The expert help accommodated financial specialists ensures a smooth ICO stage which makes the stage appealing for the speculators.
Brilliant Explorer is a progressive thought actualized which causes the financial specialist to screen the current state of the ICO or ventures. This is obviously better than sitting tight for the network refreshes given by or possibly should be given by the ICO groups occasionally. Brings straightforwardness and encourages financial specialists choice procedure to be dependable and sound with regards to vote on the ICO.
Benchmark device is a one of a kind method to protect the assets of financial specialists by guaranteeing the strength and the execution of the keen contract composed. Stage assesses the ICO just by using this apparatus in which specialists give suggestions and the ICO is being broke down on a nonstop and mechanized way and keep the score of ICO refreshed. Along these lines Smart Contract hacks are forestalled and vigor of the ICO is observed.
Inside trade gave is another extraordinary element that accompanies the stage. It is mostly considered for the financial specialists to have the capacity to offer their tokens previously those tokens formally hit the trade. This is a steady element for the speculators where they may adapt the tokens in the event that they require assets and a place for excavators to offer their mined coins.
Ethereum transfer is an open design and offers adaptability to perform numerous creative arrangements over the systems, for example, taking an interest in a Loligo ICO with an Ethereum account which essentially takes into consideration an immediate access to a money combine which is now accessible and available. What's more, it furnishes association with administrations as of now conveyed on Ethereum from an agreement. Besides, this hand-off empowers movement of an Ethereum ICO to the last Loligo chain without the requirement for preview exertion. As should be obvious there are numerous creative organization choices given by this hand-off.
ROADMAP
The project roadmap is tight and all the milestones will be covered in one year which is good for the investors in terms of return on investment.
Team
The core team is composed of 9 seasoned professionals whose experience range from technology, entrepreneurship, blockchain technology, IT to ICO and e-commerce. Names and other details of the team members could be found at https://loligo.co/
The core team is composed of 9 seasoned professionals whose experience range from technology, entrepreneurship, blockchain technology, IT to ICO and e-commerce. Names and other details of the team members could be found at https://loligo.co/
Advisors
Advisory board constitutes of 5 senior professionals who has diversified skills in Machine Learning, IoT, Computer Vision, Augmented Virtual Reality, AI & Robotics, SEO, VC and Angel Investments, e-Commerce Optimization, Sales, Initial Coin Offerings, Crypto Currencies and PPC Marketing, Blockchain Cryptography, Database, Robotics Modelling, Programming and Big Data. Names and other details of the advisory board members could be found at https://loligo.co/
Conclusion
Loligo coin (LLG) is a minable coin of which only 16 million of them will be pre-mined for ICO. There will be more than this figure so this eliminates miners to dump pre-mined coins on the exchange thus devaluation of the coin is prevented. Another great advantage of LLG is that it is a true store of value similar to Bitcoin. Total supply of LLG coins will be 150 million and the amount is fixed. Scarcity of coins ensures that in the mid to long term returns on investments are guaranteed.
Loligo coin (LLG) is a minable coin of which only 16 million of them will be pre-mined for ICO. There will be more than this figure so this eliminates miners to dump pre-mined coins on the exchange thus devaluation of the coin is prevented. Another great advantage of LLG is that it is a true store of value similar to Bitcoin. Total supply of LLG coins will be 150 million and the amount is fixed. Scarcity of coins ensures that in the mid to long term returns on investments are guaranteed.
Implementation of the staggered contract LLC, Loligo will enable investors to vote on the performance of the ICO Launcher. At extreme cases when the voting result happens to be negative, ICO project would be stopped and the funds would be returned to the investors. This gives control back to investors. This mechanism will force ICO Launchers to keep up with their commitments as stated in the road map which makes ICO investment safer than ever.
With the experience pool generated as a result of the established team, there is no doubt that, team would reach their targets and deliver the promised products/milestones along with a certain success level. Team has got the necessary skills and expertise in terms of technology and its’ implementations so this elevates the trustworthiness to a higher level.
Having dedicated people for help is crucial for a purchasing process like ICO. The professional support provided for investors guarantees a smooth ICO phase which makes the platform attractive for the investors.
Smart Explorer is a revolutionary idea implemented which helps the investor to monitor the present condition of the ICO or projects. This is far better than waiting for the community updates given by or at least need to be given by the ICO teams periodically. Brings transparency and helps investors decision process to be reliable and healthy when it comes to vote on the ICO.
Benchmark tool is a unique way to keep the funds of investors safe by ensuring the robustness and the performance of the smart contract written. Platform evaluates the ICO just by utilizing this tool in which experts provide recommendations and the ICO is being analysed on a continuous and automated way and keep the score of ICO updated. Thus Smart Contract hacks are prevented and robustness of the ICO is monitored.
Internal exchange provided is another great feature that comes with the platform. It is mainly considered for the investors to be able to sell their tokens before those tokens officially hit the exchange. This is a supportive feature for the investors where they may monetize the tokens in case they need funds as well as a place for miners to sell their mined coins.
Ethereum relay is an open architecture and offers flexibility to perform many innovative deployments across the networks such as participating in a Loligo ICO with an Ethereum account which basically allows for a direct access to a currency pair which is already available and purchasable. In addition, it provides interaction with services already deployed on Ethereum from a contract. Moreover, this relay enables migration of an Ethereum ICO to the final Loligo chain without the need for snapshot effort. As you can see there are many innovative deployment alternatives provided by this relay.
The services provided by the platform are all unique and makes the platform attractive for ICO launchers. ICO Launch is a complete service where the entrepreneur do not need to consider about anything related to the process. Whereas, professional service will be the showcase of the code of platform which will elevate the fame of the platform across the industry while, providing funds for the platform to run. GovLink is a revolutionary idea which would help the governments to implement regulation on the ICO’s therefore, one day in the future applicability of ICO’s through Loligo platform would become worldwide without limitations.
To find out about this task, you can visit
Site: https://loligo.co/
Wire: https://t.me/LOLIGOico
Facebook: https://www.facebook.com/loligo.co/
Twitter: https://twitter.com/Loligo_co
Name : Donny arrr
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2330472
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2330472
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