Loligo
Billions of people are coming online as Internet-connected device distribution expands globally. The main purpose of the creation of Bitcoin as a decentralized currency was to give the masses the power to control and manage their own money. Security is the most important thing nowadays, and a concern for many of us is financial security. Thousands of ICOs appear every month on the market, each with an attractive project, but unfortunately it does not mean guaranteed security. For this reason, Loligo comes with an innovative idea, being the first decentralized platform that will solve the problem of ICO’s.
About Loligo
Loligo is a launch platform based on blockchain, which offers decentralization and transparency for its users. Fortunately, blockchain offers intelligent contracts that help raise funds for ICOs, but have also implemented collective redundancy. Thanks to miners selling tokens on exchanges, various individuals can buy and participate in fundraising of the ICO’s.
Many funds have been gathered through the ICO, and it continues to grow. By 2017 there were about $ 5 billion, and at the end of 2018 it was already reaching the spectacular $ 14 billion. All of this had an important role for the blockchain community, but there is also a negative side where there are risks due to the lack of legal and administrative staff. Many users do not have the technical skills to evaluate a project, so sometimes they come into investments that never have an end. In 2017, 84% of ICO funded projects were in the idea phase, 11% were prototype and only 5% were for already active companies.
Loligo Mission
Loligo comes with the fundraising solution and offers on the market the technical and legal solution of the fundraising risks of campaigns. Loligo is a revolutionary platform that sustains and strengthens the idea of running projects and raising ICO funds under the control of participants. This allows for both the centralized approach and the community for as many benefits as possible. Loligo is run by a company that serves as a legal representative and acts as a cryptocurrency.
The LCC contract and the voting
Loligo brings a new type of contract, LCC, to phase out funds. Funds to be released under a vote of a participant. In an emergency, everything is stopped and the remaining funds are recoverable. The LCC contract is adjusted to fit some parameters such as: start date of the project, development time, control period, and minimum voting score for future distributions.
A main token address is sociable with lots of ICO tokens. For a Tk token, a Loligo address provides the ability to manage a pair (T, t), and T is the amount of available tokens, and the amount is blocked until the next period. In the official wallet there is a feature that is used to list addresses and display amounts by type and availability.
Token
https://loligo.co/
Loligo will have his own token named LLG, it will be ERC20 type and it will worck on ethereum platform.
Total ICO supply: 16M
Technology: ERC-20 then Loligo Blockchain (see roadmap)
Available for purchase: 11.2M
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$)
RoadMap
October 2018 - POC Net Up and accessible. ICO Crowdsale.
January 2019 - Presale Listing.
February 2019 - Test Net Up.
May 2019 - Public Consortium Mainnet Launch.
June 2019 - Fork & Token Distribution.
June 2019 - First Fidelity Airdrop.
August 2019 - Main Net Up.
September 2019 - Second Fidelity Airdrop.
The Team
Contacts
Website: https://loligo.co/
ANN Thread: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdfhttps://bitcointalk.org/index.php?topic=4847741.0
White paper: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
Tantalala — https://bitcointalk.org/index.php?action=profile;u=1223527
ETH adress — 0x82fb00c22f7f68e07bf67c6f69c9733a95c7feb5