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LOLIGO: safe investment in ICOs

Loligo eng top

Blockchain technology offers a special decentralized economic system in various fields. In addition, the blockchain contains the possibility of interaction between the parties through smart contracts, which provide transparency, immutability, and security. Smart contracts are used to define and hard code an agreement between conducting an ICO and participants without third party intervention.

Indeed, these contracts are executed in a block element far from the control of any person or subject, which makes them very vulnerable to attack. If you recall the story in 2017, the hacker was able to steal the equivalent of 50 million dollars taking advantage of the lack of a poorly written smart contract from the blockchain Ethereum.

Sometimes it happens that these contracts relate to hidden offers: “Transactions with the use of a 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».

After the start of the project, it is obvious that it is insured against loss of trust due to uselessness or more significant competition. An unplanned halt can also occur for various reasons, such as internal conflict or mismanagement or even an unexpected political decision.

Unlike existing ICO platforms, the new LOLIGO project (https://loligo.co/) creates a complete and unique technical and legal solution to all the problems and risks for fundraising campaigns.

More about the LOLIGO project

The LOLIGO project (https://loligo.co/) is ready to provide real protection and create a platform for collecting information on conducting fundraising for new projects. On the platform, it will be possible to create special smart contracts (LCC), which will create the prescribed rules for the execution of contracts and the allocation of funds in the implementation of agreements between network users. Such a system of relations will provide all investors with a guarantee of the safety of funds that are aimed at financing new projects at the stages of ICO.

Project perspective:

  • Funds safety: investors, involved in investment projects in the crypto industry to raise funds for ICO, do not have control over the funds after the completion of ICO.
  • Professional process: despite the impressive number of countdown platforms, the ICO process is a complete anarchy, and the quality of service and support is still small.

Problem solving with the LOLIGO project

ICO lockout:

  • Creating a token through the LCC smart contract.
  • Proper separation of assets between users through voting.
  • Full compatibility with the existing main ICO platform.
  • Variety of wallets for all uses.
  • Support in public exchanges.
  • Complete mining decentralization.
  • Special ICO network.

LOLIGO professional ecosystem:

  • Online simplified universal wallet.
  • ICO Marketplace.
  • Professional online toolbar.
  • Simplified editing of the smart contract.
  • Mechanism of interaction and migration.
  • Private ICO Token Exchange
  • New generation Suite system

Features of the LOLIGO platform:

  • Market — lists of possible and current ICOs for direct purchase of tokens.
  • Factory — the ability to create and design your LCC smart contracts based on the blockchain.
  • Benchmark — analysis of new projects by project specialists who start collecting funds from investors.
  • Exchange — internal exchange of tokens of all projects that launched contracts on the LOLIGO platform.
  • Smart wallet — acquisition of platform tokens, create your portfolio of assets.
  • Dashboard — manage your ICO campaign using an intuitive and easy-to-use graphical interface.
  • Relay — ensure full Ethereum compatibility and live transmission.

Platform services:

  • Campaign: this is a complete package for launching ICO, consulting specialists, creating a plan for developing a project, creating advertising companies, analyzing the results.
  • Safe services: the project specialists will conduct a broad audit of new start-ups including checking the team, the technical means of conducting ICO, the possibilities and prospects of each specific project in the future of the entire world development.
  • GOVLINK: the project is ready to work personally in various regions of the world. Thus, it will be possible to create projects according to local law and financial systems. This will provide additional security.

Market opportunities:

  • Exchange of funds of 10 million US dollars per day worldwide.
  • Less than 10% of the population today is familiar with blockchain technology. It is expected that by 2020 this figure will increase to 50-60%.
  • Rapid market entry with ICO security model.

Market potential of the project:

  • The fast-growing ICO market in mid-2018 was $ 14 billion USA ($ 5 million during 2017).
  • High potential growth in the price of the project token.
  • Increasing the capabilities of ICO Services with over 400 ICO projects per year.

To learn more about the details of this project, visit the official website https://loligo.co/ and read the whitepaper: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf

Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=4847741.0

Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e

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