[ANN] [ICO] LaLa World : An ecosystem for migrants and their families - page 153.

mervane020

member

Activity: 63

Merit: 10

Quote from: ukelover on December 18, 2017, 10:08:11 PM

Quote from: xanxus.kun on December 18, 2017, 10:50:09 AM

I haven't been online for a quite a while now and it seems like the pre-ico ended, any idea how they perform in the crowdsale?

Dont worry the next ICO will happen on January 5- February 5 2018, so you still have time to participate in the ICO. Take note of the date they might release some promotions.

Mark the date for the next ICO so we can't miss it

podrick17

full member

Activity: 196

Merit: 100

Quote from: wgq1981 on December 19, 2017, 03:18:17 AM

Quote from: memyselfandi on December 18, 2017, 09:46:49 PM

Quote from: bry0908 on December 18, 2017, 09:07:08 PM

Quote from: 1DC on December 18, 2017, 09:01:12 PM

Quote from: Iambatman on December 18, 2017, 02:27:37 PM

I just wanna know if you lend in lala is there colateral or what?

Yes if someone will lend or borrow money from Lala wallet, it is included in the terms and condition that it have collateral if you unable to payback the money you lend. I read that information in their telegram because someone is already asked it.

what would be the collateral if they are migrants and unbanked?? to know that they dont have properties to be a collateral...

Actually based on their whitepaper, it is stated there that in crypto asset backed loans it has a prepayment penalties for the user who did not able to meet the due date of the prepayment while in micro lending for small community projects, it said that no collateral but it has competitive interest rate. Regarding to what kind of collateral, they did not mention it on their whitepaper, maybe we should ask it on their telegram.

Collateral is necessary. Otherwise, it is not binding for the behavior that can not normally repay the maturing funds, and can not achieve good risk control. So this project is very difficult to succeed.

How can you say hard to succeed? collateral is part of lending and many financial institution regardless of they are blockchain based or not succeed with collateral as part of the contract. LaLa world is just doing the same but using crypto as collateral and not personal and real properties so i don't see any difference in that which makes it hard to be successful.

zhaichi11

full member

Activity: 308

Merit: 100

Quote from: vinceB on December 19, 2017, 01:11:01 AM

Quote from: PINAGPALA on December 19, 2017, 12:32:18 AM

Quote from: creepyjas on December 18, 2017, 09:37:56 PM

Quote from: rdny on December 18, 2017, 09:33:36 PM

Quote from: NorvsGanda on December 18, 2017, 09:19:45 PM

Quote from: midaslordes on December 18, 2017, 02:38:43 PM

Quote from: pro2017 on December 17, 2017, 03:51:07 AM

Do you use your own fingerprint as a password retina scan ?

Yup lala word use a fingertlprint password for a high security to prevent from hackers and the retina scan that's the best one to be a password

I heard that the primary security measures they will implement is the finger print scan. But I am not sure about the retina scan, I didn't heard of about it. Maybe I just skipped it while I'm reading.

It is a good thing to hear that lala world is implementing strict security measures for its users protection and safety. What other measures aside from finger print scanning are they going to implement as well?

They have implemented the KYC procesdures to ensure the user's identity linked to their profile. In terms of using the app, I'm pretty sure that fingerprint scanning will be implemented. Other option will follow as they have told in the whitepaper that they are using biometrics procedure. It could be a retina scan or a face recognition program.

oh thant nice that they have that kind of security but for me much safer if they have authentication for our safety cause anything is possible to hackers

yes i think its good to have a google authentication or number authentication for safety

Another good idea , by this we can be sure that the access of our account will be base in us , If its needed authentication number then I guarantee it will be safe for the hackers .

wgq1981

member

Activity: 210

Merit: 11

Quote from: memyselfandi on December 18, 2017, 09:46:49 PM

Quote from: bry0908 on December 18, 2017, 09:07:08 PM

Quote from: 1DC on December 18, 2017, 09:01:12 PM

Quote from: Iambatman on December 18, 2017, 02:27:37 PM

I just wanna know if you lend in lala is there colateral or what?

Yes if someone will lend or borrow money from Lala wallet, it is included in the terms and condition that it have collateral if you unable to payback the money you lend. I read that information in their telegram because someone is already asked it.

what would be the collateral if they are migrants and unbanked?? to know that they dont have properties to be a collateral...

Actually based on their whitepaper, it is stated there that in crypto asset backed loans it has a prepayment penalties for the user who did not able to meet the due date of the prepayment while in micro lending for small community projects, it said that no collateral but it has competitive interest rate. Regarding to what kind of collateral, they did not mention it on their whitepaper, maybe we should ask it on their telegram.

Collateral is necessary. Otherwise, it is not binding for the behavior that can not normally repay the maturing funds, and can not achieve good risk control. So this project is very difficult to succeed.

canaveralnonie

full member

Activity: 518

Merit: 111

Dota2

Quote from: ukelover on December 19, 2017, 02:54:21 AM

Quote from: lalawallet on December 19, 2017, 12:15:36 AM

Quote from: nomadedigital on December 18, 2017, 09:12:24 PM

Quote from: bry0908 on December 18, 2017, 09:07:08 PM

Quote from: 1DC on December 18, 2017, 09:01:12 PM

Quote from: Iambatman on December 18, 2017, 02:27:37 PM

I just wanna know if you lend in lala is there colateral or what?

Yes if someone will lend or borrow money from Lala wallet, it is included in the terms and condition that it have collateral if you unable to payback the money you lend. I read that information in their telegram because someone is already asked it.

what would be the collateral if they are migrants and unbanked?? to know that they dont have properties to be a collateral...

Thanks! somebody with a bit of common sense around! Cheesy

This project smells and screams scam from the begining, but no worries, they´ll get people to buy their ICO and runaway. I hope Im wrong but only time will tell, and if all people putting money on this gets scammed, they probably deserve it for being greedy and not doing any research. If not, well, congrats to the happy holders of this shitoken and newest millionaires on cryptoworld. Roll Eyes

LALA is real for real people. Let me answer your question. In LALA Lends, there are four services;
1- Crypto Asset-backed Loans: Here user will put his crypto as a collateral and will receive loans.
2- P2P Lending: Here any lender can provide loans to any borrower on the basis of his comprehensive LALA Score.
3- Microlending For Small Community Projects lending: Here LALA with its investors will provide loans to Community based projects (for e.g. small solar farm in a remote village) or small retailer loan based on their sales, trade data and invoice all embedded inside LALA ID and one Score – LALA Score
4- Installment based crypto buying: Here any user can buy any crypto on EMI at competitive interest rates.

To know more join our telegram group here: https://t.me/LaLaWorld

Thanks for this information, Theres alot of people asking about how lending works, well i guess this information will be helpful. And pointing this services actually help me understand lala world more.

It's more accurate if you join to their telegram group. Just click above and participate in internal discussion about Lala World. Including the most updated news is in their telegram. This is a good project even inside or outside.

Leetukyang

full member

Activity: 322

Merit: 100

Quote from: lalawallet on December 19, 2017, 02:59:51 AM

Hello Everyone!!!

To Know More About us Join Telegram Group Here

https://t.me/LaLaWorld

THANK YOU!!!

Great thank for this, this are for the member of this forum and the supporters who wanted to know more about the happenings of this project. Please join their telegram so that all of us become updated.

Gagayalano123

member

Activity: 104

Merit: 13

Quote from: nc_bbr on December 18, 2017, 06:27:22 AM

Quote from: debil on December 18, 2017, 06:21:44 AM

I can conclude that future immigrants will be safer or will be at peace knowing that this kind of app exist, Hope to experience it in our country. Great job!

how do you conclude that they are safe?? how they will be in peace?? in what way?? hope you could answer it...just to enlighten..

do lala world can ensure the security of users..:?

as far as i remember, there's someone who already answered this question but for you to know: they hired a 3rd party security in order to prevent hackers in accessing the account of a user. they also added additional features so they can't access it and transact in malicious sites.

lalawallet

member

Activity: 658

Merit: 10

Hello Everyone!!!

To Know More About us Join Telegram Group Here

https://t.me/LaLaWorld

THANK YOU!!!

ukelover

jr. member

Activity: 84

Merit: 1

Quote from: lalawallet on December 19, 2017, 12:15:36 AM

Quote from: nomadedigital on December 18, 2017, 09:12:24 PM

Quote from: bry0908 on December 18, 2017, 09:07:08 PM

Quote from: 1DC on December 18, 2017, 09:01:12 PM

Quote from: Iambatman on December 18, 2017, 02:27:37 PM

I just wanna know if you lend in lala is there colateral or what?

Yes if someone will lend or borrow money from Lala wallet, it is included in the terms and condition that it have collateral if you unable to payback the money you lend. I read that information in their telegram because someone is already asked it.

what would be the collateral if they are migrants and unbanked?? to know that they dont have properties to be a collateral...

Thanks! somebody with a bit of common sense around! Cheesy

This project smells and screams scam from the begining, but no worries, they´ll get people to buy their ICO and runaway. I hope Im wrong but only time will tell, and if all people putting money on this gets scammed, they probably deserve it for being greedy and not doing any research. If not, well, congrats to the happy holders of this shitoken and newest millionaires on cryptoworld. Roll Eyes

LALA is real for real people. Let me answer your question. In LALA Lends, there are four services;
1- Crypto Asset-backed Loans: Here user will put his crypto as a collateral and will receive loans.
2- P2P Lending: Here any lender can provide loans to any borrower on the basis of his comprehensive LALA Score.
3- Microlending For Small Community Projects lending: Here LALA with its investors will provide loans to Community based projects (for e.g. small solar farm in a remote village) or small retailer loan based on their sales, trade data and invoice all embedded inside LALA ID and one Score – LALA Score
4- Installment based crypto buying: Here any user can buy any crypto on EMI at competitive interest rates.

To know more join our telegram group here: https://t.me/LaLaWorld

Thanks for this information, Theres alot of people asking about how lending works, well i guess this information will be helpful. And pointing this services actually help me understand lala world more.

SantiagoEmz

member

Activity: 280

Merit: 10

Quote from: lexkiee28 on December 19, 2017, 01:39:28 AM

Quote from: olympys on December 18, 2017, 03:50:08 PM

Oh I see , Great move for the team . They make and focus in launching their application so that they can attract and make more investors . If the investors can see and try their application at first time they see this ICO and they find its a worthy project then they will not double think and they will invest.

I think lala world will be worth to invest. Their roadmap of the project and whitepaper itself is a good one to read. A promising project in the sector of online financial services.

It is sir , in fact the services of LALA World services is in demand to this forum . The wallet who can keep and hold their money and tokens.

rdny

full member

Activity: 322

Merit: 100

Quote from: lalawallet on December 19, 2017, 12:15:36 AM

Quote from: nomadedigital on December 18, 2017, 09:12:24 PM

Quote from: bry0908 on December 18, 2017, 09:07:08 PM

Quote from: 1DC on December 18, 2017, 09:01:12 PM

Quote from: Iambatman on December 18, 2017, 02:27:37 PM

I just wanna know if you lend in lala is there colateral or what?

Yes if someone will lend or borrow money from Lala wallet, it is included in the terms and condition that it have collateral if you unable to payback the money you lend. I read that information in their telegram because someone is already asked it.

what would be the collateral if they are migrants and unbanked?? to know that they dont have properties to be a collateral...

Thanks! somebody with a bit of common sense around! Cheesy

This project smells and screams scam from the begining, but no worries, they´ll get people to buy their ICO and runaway. I hope Im wrong but only time will tell, and if all people putting money on this gets scammed, they probably deserve it for being greedy and not doing any research. If not, well, congrats to the happy holders of this shitoken and newest millionaires on cryptoworld. Roll Eyes

LALA is real for real people. Let me answer your question. In LALA Lends, there are four services;
1- Crypto Asset-backed Loans: Here user will put his crypto as a collateral and will receive loans.
2- P2P Lending: Here any lender can provide loans to any borrower on the basis of his comprehensive LALA Score.
3- Microlending For Small Community Projects lending: Here LALA with its investors will provide loans to Community based projects (for e.g. small solar farm in a remote village) or small retailer loan based on their sales, trade data and invoice all embedded inside LALA ID and one Score – LALA Score
4- Installment based crypto buying: Here any user can buy any crypto on EMI at competitive interest rates.

To know more join our telegram group here: https://t.me/LaLaWorld

Thank you for that clarification, I have also read that you have an algorithm built in lala systems to tell whether a user has the capability and the willingness as per their criteria for their loan applications to be approved. Can you please enlighten us also on this? thanks a lot!

Faiyz

sr. member

Activity: 392

Merit: 250

Dijual

Quote from: Ptrck on December 18, 2017, 11:02:48 PM

Quote from: zhaichi11 on December 18, 2017, 10:14:57 PM

Quote from: lukesimon on December 18, 2017, 09:33:41 PM

Quote from: pro2017 on December 17, 2017, 03:51:07 AM

Do you use your own fingerprint as a password retina scan ?

Hi, as the whitepaper says, they are implementing a biometric-based security for their app. So, probably, fingerprint scanning and/or retina scan will be the option for their security measure. However, they are following KYC procedures aswell.

Yeah , off course you need to use your own fingerprint for the accessibility on your acct. This is what the team LALA plan to do . By this we can be sure and feel safe about your account .

if the finger print is the security of lala no one can use this except you. This is the best security, yes you feel safe when it comes to your account

Is there any ways they plan to do for the security and accessibility of their application ? Or just a fingerprint scan ?
It could be better if they have the login button or any kind of thing to access the accounts .

HyunBin

sr. member

Activity: 742

Merit: 250

SURVIVE | P2E

Quote from: lexkiee28 on December 19, 2017, 01:39:28 AM

Quote from: olympys on December 18, 2017, 03:50:08 PM

Oh I see , Great move for the team . They make and focus in launching their application so that they can attract and make more investors . If the investors can see and try their application at first time they see this ICO and they find its a worthy project then they will not double think and they will invest.

I think lala world will be worth to invest. Their roadmap of the project and whitepaper itself is a good one to read. A promising project in the sector of online financial services.

Its true , they just like other wallet like coins.ph, they have a potential to grow and to become popular in the market because of the services they offer . Some of the member of this forum are all haunting and finding wallet that can be use to hold their assets .

Alex12989

newbie

Activity: 56

Merit: 0

Quote from: thunderjet2983 on December 18, 2017, 10:05:32 PM

Quote from: kiddddddd on December 18, 2017, 03:56:25 PM

Quote from: Ulumorzki on December 16, 2017, 07:51:04 AM

Quote from: creepyjas on December 16, 2017, 07:31:36 AM

Quote from: lunatics14 on December 16, 2017, 07:26:26 AM

Quote from: mervane020 on December 16, 2017, 07:23:10 AM

Quote from: midaslordes on December 16, 2017, 04:56:34 AM

Quote from: Herad Hedid on December 15, 2017, 11:40:49 AM

Quote from: lukesimon on December 15, 2017, 10:42:58 AM

Quote from: dragon695 on December 15, 2017, 10:19:43 AM

nice. hard to find a good project like this on December. But I see many project focus on payment like this. hope Lala can do better

Well, they working tirelessly on security features. they also prioritize poor people with family working abroad which is for me is far different from other wallets.

As bitcoin transactions get more expensive time for other coins will come

Yes i agree to you lukesimon this project will help a lot of people everybody needs a money to support their needs to buy foods,personal use paying bills thanks lala and the team member for making a good platform.

This project will benefit our relatives who working abroad. It makes them easy for daily lives.

Not just easy but also their money is safe when they use Lala wallet or have a transaction using Lala wallet. It also gives them a convenience and hassle-free transferring money to others.

True, as they are also following the biometrics and KYC process. In that way, only the owner can access the wallet.

I think this features makes Lala wallet a unique application and also the safest online application that other competitors don't have, that's why many people can benefit with this and for sure the satisfaction that customers need will be able to deliver by Lala World.

take note, LaLa card can also be used as a debit and credit card which we can use in PoS,ATM or online.

there's a Lala card? is this like a membership card or something? I did not know this from before, is this the a development from lala?

Yes, there's lala card. Check their whitepaper for more details about LaLa card.

lexkiee28

full member

Activity: 368

Merit: 101

Quote from: olympys on December 18, 2017, 03:50:08 PM

Oh I see , Great move for the team . They make and focus in launching their application so that they can attract and make more investors . If the investors can see and try their application at first time they see this ICO and they find its a worthy project then they will not double think and they will invest.

I think lala world will be worth to invest. Their roadmap of the project and whitepaper itself is a good one to read. A promising project in the sector of online financial services.

vinceB

member

Activity: 257

Merit: 10

Quote from: PINAGPALA on December 19, 2017, 12:32:18 AM

Quote from: creepyjas on December 18, 2017, 09:37:56 PM

Quote from: rdny on December 18, 2017, 09:33:36 PM

Quote from: NorvsGanda on December 18, 2017, 09:19:45 PM

Quote from: midaslordes on December 18, 2017, 02:38:43 PM

Quote from: pro2017 on December 17, 2017, 03:51:07 AM

Do you use your own fingerprint as a password retina scan ?

Yup lala word use a fingertlprint password for a high security to prevent from hackers and the retina scan that's the best one to be a password

I heard that the primary security measures they will implement is the finger print scan. But I am not sure about the retina scan, I didn't heard of about it. Maybe I just skipped it while I'm reading.

It is a good thing to hear that lala world is implementing strict security measures for its users protection and safety. What other measures aside from finger print scanning are they going to implement as well?

They have implemented the KYC procesdures to ensure the user's identity linked to their profile. In terms of using the app, I'm pretty sure that fingerprint scanning will be implemented. Other option will follow as they have told in the whitepaper that they are using biometrics procedure. It could be a retina scan or a face recognition program.

oh thant nice that they have that kind of security but for me much safer if they have authentication for our safety cause anything is possible to hackers

yes i think its good to have a google authentication or number authentication for safety

PINAGPALA

full member

Activity: 317

Merit: 100

Quote from: creepyjas on December 18, 2017, 09:37:56 PM

Quote from: rdny on December 18, 2017, 09:33:36 PM

Quote from: NorvsGanda on December 18, 2017, 09:19:45 PM

Quote from: midaslordes on December 18, 2017, 02:38:43 PM

Quote from: pro2017 on December 17, 2017, 03:51:07 AM

Do you use your own fingerprint as a password retina scan ?

Yup lala word use a fingertlprint password for a high security to prevent from hackers and the retina scan that's the best one to be a password

I heard that the primary security measures they will implement is the finger print scan. But I am not sure about the retina scan, I didn't heard of about it. Maybe I just skipped it while I'm reading.

It is a good thing to hear that lala world is implementing strict security measures for its users protection and safety. What other measures aside from finger print scanning are they going to implement as well?

They have implemented the KYC procesdures to ensure the user's identity linked to their profile. In terms of using the app, I'm pretty sure that fingerprint scanning will be implemented. Other option will follow as they have told in the whitepaper that they are using biometrics procedure. It could be a retina scan or a face recognition program.

oh thant nice that they have that kind of security but for me much safer if they have authentication for our safety cause anything is possible to hackers

lalawallet

member

Activity: 658

Merit: 10

Quote from: nomadedigital on December 18, 2017, 08:48:51 AM

Is this LaLa related to the teletubbies family? Cheesy

Where does the funny name comes from?
How do this token helps migrants? what are the advantages to other established cryptocurrencies?

Estalished cyptocurrency like BTC and ETH can not be used for Day2Day activities because of their high price and transaction cost. But LALA token can be.
To know More read tokeneconomics and whitepaper at tokensale.lalaworld.io
You can also join our telegram group (https://t.me/LaLaWorld) here we are 24*7 available to help you.

lalawallet

member

Activity: 658

Merit: 10

Quote from: nomadedigital on December 18, 2017, 09:12:24 PM

Quote from: bry0908 on December 18, 2017, 09:07:08 PM

Quote from: 1DC on December 18, 2017, 09:01:12 PM

Quote from: Iambatman on December 18, 2017, 02:27:37 PM

I just wanna know if you lend in lala is there colateral or what?

Yes if someone will lend or borrow money from Lala wallet, it is included in the terms and condition that it have collateral if you unable to payback the money you lend. I read that information in their telegram because someone is already asked it.

what would be the collateral if they are migrants and unbanked?? to know that they dont have properties to be a collateral...

Thanks! somebody with a bit of common sense around! Cheesy

This project smells and screams scam from the begining, but no worries, they´ll get people to buy their ICO and runaway. I hope Im wrong but only time will tell, and if all people putting money on this gets scammed, they probably deserve it for being greedy and not doing any research. If not, well, congrats to the happy holders of this shitoken and newest millionaires on cryptoworld. Roll Eyes

LALA is real for real people. Let me answer your question. In LALA Lends, there are four services;
1- Crypto Asset-backed Loans: Here user will put his crypto as a collateral and will receive loans.
2- P2P Lending: Here any lender can provide loans to any borrower on the basis of his comprehensive LALA Score.
3- Microlending For Small Community Projects lending: Here LALA with its investors will provide loans to Community based projects (for e.g. small solar farm in a remote village) or small retailer loan based on their sales, trade data and invoice all embedded inside LALA ID and one Score – LALA Score
4- Installment based crypto buying: Here any user can buy any crypto on EMI at competitive interest rates.

To know more join our telegram group here: https://t.me/LaLaWorld

mathtoughfat

newbie

Activity: 93

Merit: 0

Quote from: Ptrck on December 18, 2017, 11:02:48 PM

Quote from: zhaichi11 on December 18, 2017, 10:14:57 PM

Quote from: lukesimon on December 18, 2017, 09:33:41 PM

Quote from: pro2017 on December 17, 2017, 03:51:07 AM

Do you use your own fingerprint as a password retina scan ?

Hi, as the whitepaper says, they are implementing a biometric-based security for their app. So, probably, fingerprint scanning and/or retina scan will be the option for their security measure. However, they are following KYC procedures aswell.

Yeah , off course you need to use your own fingerprint for the accessibility on your acct. This is what the team LALA plan to do . By this we can be sure and feel safe about your account .

if the finger print is the security of lala no one can use this except you. This is the best security, yes you feel safe when it comes to your account

this is nice, other's wont be taking the advantage to breach your account. guaranteed safety for every user. this is an erc20 right hope this will not be like the others who are phished easily.

Topic: [ANN] [ICO] LaLa World : An ecosystem for migrants and their families - page 153. (Read 66742 times)