LOLIGO

What is LOLIGO

The expansion of capitalism is deeply changing the global economic model. This hasn't stopped with the major institutions and multinationals that have been created, managed and led through large capitalization; it has exceeded this to become the standard for all startups and medium projects, even individual ones.

The need for capitalization made businesses directly dependent on conventional financing: personal resources, banks, capital sales and business angels. The Internet revolution has enabled project sponsors to implement new ways to raise funds, and a new concept has been born: crowdfunding.

Crowdfunding is a process generally organized through a website and promoted through various social networks. It allows entrepreneurs to raise funds for projects by collecting investments directly from individuals. In return, benefits, discounts or contributions to share capital are offered. With banks no longer the only masters of funds and capital, projects are likely to be conducted more freely. In practice, this happens through platforms or trusted third parties such as Kickstarter, which is responsible for collecting the funds and guaranteeing the obligations of the various parties.

With the arrival of Bitcoin and cryptocurrencies, crowdfunding has taken on a new format: the ICO (Initial Coin Offering). An ICO is a fundraising method that involves the issuance of tokens on a blockchain independently of a trusted third party. In this case the buyer does not hold a stake in the company, but a token that will allow him to use the service once the final product is developed, with the hope that its value will increase due to demand. This collection has several indisputable risks, however; in addition to any technical flaws, the company may be incompetent or fictitious. The project itself is not immune to a future shutdown or bad management.

Loligo is a decentralized launching platform for ICOs that is fair, peer-to-peer and blockchain-based. Blockchain implements smart contracts permitting a phased release of funds collected for the ICO while, at the same time, a collective right of withdrawal. The token is both mineable and environmentally friendly, consuming little energy thanks to dual mining. Miners can sell the tokens on recognized exchanges, and individuals will be able to use them to participate in fundraising, including those affiliated with the ICOSafe program. A range of services is available to facilitate governmental adoption of ICOs. The platform is open source and free.

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.

This formula allows users to:

Finally Solve the ICO safety problem, known as DAICO.

Add controls and access constraints to the blockchain

Require standards in the launch process and the code of contracts

Streamline the launch process by defining steps and imposing rules

Establish a fair management model incomparable with the famous DAO

Ensure optimal performance, thanks to the dedicated ICO network

Prepare for the formal adoption of ICO by nations

Features

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.