In our times, you will agree with me that for any business development to succeed it requires an exceptional business idea and a reasonable amount of initial capital, although their are subsidies from banks and states but the percentage given is always very small to fund a project and the fund comes with a lots of strict conditions which everyone can not pass, Hence the need for initial coin offering otherwise known and called ICO which has replaced the traditional way of raising fund as a means of capital start up for business and projects.
SUCCESS STORIES ABOUT ICOs AS A MEANS OF FUNDING PROJECTS
Many projects through ICO has been able to raise enough fund to finance their business reaching their desired goals.
In 2017 alone the total amount collected is estimated at $5 billion and since 2018 it has reached 14 billion dollars, indeed this is quite interesting, by this figure it means that ICO does not only have great potentials but has become an important element in blockchain technology.
ICO INVESTMENT AND HER CHALLENGES
ICO which is a common means of raising fund for blockchain projects has been bedeviled by the following challenges ;
- First is the risk it poses to unsuspecting investors who in most case lack the technical nohow it takes to evaluate or assess the viability or potentials of a project, thus making most investors to plunge their money into ICO projects that have no vision and less or no experience team that can fastract the accomplishing of the mission and vision of the project.
It is not also a new story that a lot of investors have loss their heard earned money in the hands of ICO holders who run away with investors funds causing heart break and colossal loss to investors, this is mind bugling.
To worsen this Ugly situation is the fact that currently their is no platform that offers funding insurance or solutions to funding risk the investors condition can better be describe to what my people call " O Y O" you are on your own.
this is referred to as a centralized ICO platform like Indiegogo doing ICO while not implementing blockchain. The centralized platform requires employing 3rd parties who carry ‘own risks’ such as; hacking, manipulation, excessive margin, and abuse of power.
Hybrid stages, for example, KICKICO give buy of ICOs dependent on the ERC-20 Standards-based Smart Contract. Then again, all assignments, for example, exchange observing and administration are brought out through customary, unified frameworks that are mind boggling.
There are different stages in the improvement stage that are better than Ethereum like Neo, Cardano and EOS but cannot yet be operated in the ICO market.
LOLIGO PLATFORM- OFFERING SOLUTION TO THE IDENTIFIED CHALLENGES.
LOLIGO- has been adjudged to be the most safe and advanced ICO crowdfunding platform
LOLIGO Offers token making through LCC smart contracts. This guarantees a reasonable dispersion of assets dependent on members' turning points and voices and Loligo is a progressive stage that ensures smooth task of the ICO through imaginative and controlled contracts under the control of the members. Loligo empowers a network and a concentrated methodology while receiving numerous rewards. By and by, this is a cryptographic money dependent on open blockchain and open-source, kept running by organizations that work as legitimate agents.
The production line highlight will enable the ICO launcher to alter, check, test and distribute 'LCC on blockchain through collaboration with the Dashboard.
• notwithstanding the great highlights the Dashboard enables clients to oversee ICO battles through the realistic wizard.
• Market parts will incorporate ICOs with their refreshed appraisals and names. progressively by associating with the Benchmark highlight.
• The benchmarking device gives master check results and programmed ongoing investigation of tests utilizing ICO, for example, code examination, unit testing, testing in a mimicked domain and load testing.
• Personal digital currency trade that bolsters all ICOs propelled on stages that enable token holders to exchange their tokens previously the official rundown. At first BTC, ETH, LTC and ZCL will be upheld.
• Smart Wallet will enable buys to the ICO and vote in favor of them
• Loligo offers proficient help straightforwardly to speculators through its parent organization. This help incorporates finish bolster, aptitude, examining or notwithstanding composing code.
• Unlike conventional wayfarers, for example, Etherscan, Smart Explorer given will enable financial specialists to screen the advancement of ICOs and undertakings in detail alongside a general perspective of their unique situation and nation.
• Ethereum transfer is another essential element of the stage where in fundamental terms, it is a segment that permits connection between two blockchain.
PLEASE TAKE A CLOSER LOOK AT LALIGO ECOSYSTEM.
In view of the future and competition that will arise with time LALIGO has gone ahead to develop a business model which include paid options for ICO lunch see the model below.
ICO LAUNCHING
All that is requred to launch an ICO is made available here. seasoned team of specialists put their experience serving clients who need to launch a fund raising campaign. This incorporates specialized ability, advancement of different shipments, and additionally campaign scheduling and advancement.
Security SERVICES
To deal with each inquiry regarding the originator of ICO and its experience, our specialists painstakingly consider each side of the undertaking including white paper, venture convenience, sources on account of free activities, correspondence with asked for amounts and that's just the beginning.
GOVLINK
Our administrations are initiated by locale. It offers every nation an assortment of instruments to screen the budgetary status of the record and make the strides required on account of extortion recognition
IDSafe
Wellbeing marks that identify with the personality of the author of ICO and the foundation at that point check the importance of the venture.
ICOSafe
Finish security mark with an ensured LCC contract. Guarantee specialized help and intercession freely of the objective number.
TOKEN DETAILS
Total supply: 150,000,000 LLG (Minable)
Amount of ICO supply: 16,000,000
Technology LLG: ERC-20 then Loligo Blockchain (see road map)
Available for purchase: 11,200,000 LLG
Currency received: fiat / ETH during private sales. FIAT, ETH, BTC, LTC in
SoftCap / HardCap general sales : 0.95M $ / 12M $ Initial value
: 1 LLG = 0.003 ETH (± 1.07 $)
TOKEN SALES
Crowdsale
Deals are completed utilizing a brilliant open contract, which will be accessible on the web. Since the token deals are programmed, the tokens obtained are promptly exchanged to the purchaser's location. The length of the exchange relies on the network load and the measure of gas accessible. The buy charge is the obligation of the speculator or investor.
Sales are carried out using a smart public contract, the source of which will be available online. Because the token sales are automatic, the tokens purchased are immediately transferred to the buyer’s address. The duration of the transaction depends on the network load and the amount of gas available. The purchase fee is the responsibility of the investor.
REFUND
In the event that Softcap isn't achieved, all buys will be returned. Discounts begin promptly toward the finish of the crowdsale and are accessible for months. Since the discount is an exchange, related expenses are charged to the buyer.
ROADMAP
TEAM
ADVISERS
EXECUTIVE SUMMARY
Having critically examined the pron and cons of LOLIGO platform more especially the robust business idea, future, the impeccable members and advisers i have no webit of doubt that LOLIGO project will success and shall give desired returns to investors hence my humble recommendation for your consideration and investment tanks.
SEE THE USEFUL LINKS
WEBSITE – https://loligo.co/
WHITEPAPER – https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
FACEBOOK – https://www.facebook.com/loligo.co
TWITTER – https://twitter.com/Loligo_co
TELEGRAM – https://t.me/loligoico
AUTHORS DETAILS:
My Bitcointalk name : crypto24hrs
My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1840912