LOLIGO

What is Loligo?

Loligo is a revolutionary platform that ensures the smooth operation of ICOs through innovative staggered contracts and under the control of the participants. Loligo allows both community and centralized approaches while reaping the most benefits. In practice, it’s a cryptocurrency based on a public and open-source blockchain, run by a company that serves as a legal representative.

Loligo is a safe and advanced ICO crowdfunding platform. It offers token creation through LCC smart contracts. LOLIGO ensures a fair fund distribution based on milestones and participants’ vote. LOLIGO platform offers all the required tools for a successful & professional ICO.

The growth of fundraising through ICO has become very spectacular. In 2017, the total amount raised was estimated to be $5 billion, and has reached 14$ billion since early 2018. However, in the absence of legal and administrative frameworks, ICOs pose many risks for individual users who often lack the technical skills needed to evaluate the potential of a project. They find themselves trapped by investments that never take off. In 2017, 84% of projects funded through ICOs were in the idea stage, 11% were in the prototype stage and only 5% were for already active companies.

Hidden under a crypto-acronym or marketing campaign on social networks, the identity of a promoter may remain unknown or even risky. The creation of a company is not required by the community; it is able to issue a token and launch an ICO without officially disclosing its identity. To date, there is no reliable way to identify a project leader.

ICOs can be achieved through direct sales. This process is mainly based on the confidence participants have in the company that is leading the project. The purchased tokens generally are not within any blockchain; they are simply located in the database of the ICO launcher. This approach is used less and less, thanks to the advent of smart contracts.

The smart contracts are used to define and hard code the agreement between the launcher of an ICO and the participants, without relaying a trusted third party. Unfortunately, these do not meet any quality or coding standards. Indeed, these contracts are performed in a blockchain element far from the control of any person or entity, which makes them very vulnerable to attack. On June 17th, 2017, a hacker was able to divert the equivalent of $50 million by exploiting a flaw in a poorly written Ethereum smart contract. It even happens that these contracts refer to hidden type clauses “Transactions using the token can be disabled by the team at any time,” or, “The team can issue new tokens at any time,” or even “The team can DESTROY tokens at any time.

Once started, the project is obviously not immune to a loss of confidence due to uselessness or more relevant competition. An unscheduled stop can also occur due to various reasons such as an internal conflict or mismanagement, or even an unexpected political decision.

Contrary to current ICO platforms, Loligo offers a complete and unique technical and legal solution to all the problems and risks to fundraising campaigns.

Problems found by LOLIGO

It’s not possible to guarantee that an ICO to be secure to invest. ICO holder could escape with all the capital resulting to eliminate their money. There’s not any platform exist that features a remedy for funding danger or insurance.

With no blockchain so centralized ICO platforms like Indiegogo conducts the ICO. Platforms demand using a party which attracts its own risks such like; excessive margins, manipulation, coughing and abuses .

Ethereum is your P2P ICO system of choice to blockchain jobs that are established. It is not 100% compatible with all the ICO crowdfunding mechanism. It ought to be fairer devoted when maintaining sale contract installation easy, providing the security that is best.

ICO purchases are provided by platforms like KICKICO based standard-based Smart Contracts. To the contrary, all of the responsibilities like trade and tracking management is conducted.

There are platforms in evolution phase, that are exceptional to Ethereum for example Cardano, Neo and EOS.

The solution to the problem above is:

Loligo is a system created to empower ICO performance frictionless via participants and staggered contracts to restrain the ICO. Loligo Cyclic Contract (LCC) is the wise contract that will release funds in line with the votes of participants in stages. All of the funds and then endeavor stops are returned to shareholders In the event the participants votes negatively.

Factory Attribute Enables ICO launcher Release and to edit, Assess, test its LCC via interacting with Dashboard on the blockchain. Besides the attributes that are Basic Dashboard allows users to handle ICO effort Using a wizard. Market component will record the ICO’s by interacting with Benchmark attribute using their positions and tags that are updated. Benchmark tool provides the outcomes of the specialist verification and real-time analysis regarding the ICO tests.

Started on the stage allowing the holders to exchange their tokens before listings. Originally ZCL, ETH, LTC and BTC will likely be encouraged. Smart Wallet will allow buys for these to unemployment and ICO’s Loligo supplies a expert assistance to investors throughout its parent business. This service covers experience, support, auditing or code composing. Contrary to the explorers like Etherscan, Smart Explorer allows investors to track jobs in detail and the growth of the ICO along with the context and state’s view. Ethereum another major quality of the platform at which is that a component that empowers the interaction between 2 blockchains.

How to participate in the LOLIGO ICO?

Register on the ICO LOLIGO website https://app.loligo.co/users/sign_up.. Complete the conditions for joining LOLIGO ICO, KYC.

Below are the details of the LOLIGO Token Sale / ICO:

• Token Symbol LLG
• PreICO Price 1 LLG = 0.002 ETH
• Price 1 LLG = 0.003 ETH
• Platform Ethereum
• Accepting ETH & Fiat
• Soft cap 950,000 USD
• Hard cap 12,000,000 USD
• Country France
• KYC & Whitelist
• Restricted areas USA, China

THE TEAM:

OUR ADVISOR:

Token distribution:

For more information:

Website: https://loligo.co/

ANN Thread: https://bitcointalk.org/index.php?topic=4847741.0

Telegram: https://t.me/loligoico

Medium: https://medium.com/@Loligo_co

Facebook: https://www.facebook.com/loligo.co

Twitter: https://twitter.com/Loligo_co

Bitcointalk username: Virusarchy

Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2348392