What will R&D department deal with and focus on initially as I see you dedicated 50% of funds to R&D?
Most likely those funds will be used to develop platform and blockchain further and possibly bring some new features in future.
Topic: 🚀 LOLIGO - World’s 1st ICO Safety Ecosystem - page 33. (Read 28736 times)
Most likely those funds will be used to develop platform and blockchain further and possibly bring some new features in future.
Can you tell me more about LOLIGO DAICO concept ,what are some main benefits that will bring?
Hi Ajutokintumi
LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs
Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO
In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized
LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions
implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.
More details are available in WP
thank you
Thank you for the detailed asnwer.
So i see that you mentioned miners,that means Loligo will be proof-of-work based?
Hi Ajutokintumi
Right, LOLIGO concensus is POW based
Thank you
Will there be any premined tokens before launching public mining?
It is a very interesting project, I will follow the development and I wish prosperity! We have to promote these excellent ideas.
Can you tell me more about LOLIGO DAICO concept ,what are some main benefits that will bring?
Hi Ajutokintumi
LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs
Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO
In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized
LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions
implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.
More details are available in WP
thank you
Thank you for the detailed asnwer.
So i see that you mentioned miners,that means Loligo will be proof-of-work based?
Hi Ajutokintumi
Right, LOLIGO concensus is POW based
Thank you
Can you tell me more about LOLIGO DAICO concept ,what are some main benefits that will bring?
Hi Ajutokintumi
LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs
Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO
In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized
LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions
implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.
More details are available in WP
thank you
Thank you for the detailed asnwer.
So i see that you mentioned miners,that means Loligo will be proof-of-work based?
Which currencies will be supported on Loligo exchange initially after it is launched?
If I remember correctly from WP, initially it should support ETH,BTC,LTC and ZClassic. Solid foundation for start.
Hi HiLander
Correct !
ETH, BTC have nothing to proove and they are the world's first pairs
LTC have a light fast network and worldwide adoption
Zcl is among the best private cryptos, with solid community adoption, no hidden fees and large exchange support
Please feel free to ask for any detail
Thank you
Can we expect you to add more currencies to the exchange after the launch?
Hi Dzefa
As you know Listing Tokens in known exchanges is very expensive.
LOLIGO Exchanger, was introduced to simplify the exchange of LLG and related ICOs
this will help small projects to have access to direct Exchanger witout extra fees
LOLIGO Exchange is not a financial institute and we don't intend to replace Bittrex or Coinbase.
The cryptocurrencies were chosen due to current market status.
For sure this choice will be reviewed if the market changes
Thank you
Yes you are right,fees went up alot,making it very hard for new ICOs to get on the exchange,so any help for them will be great,and you never what how that can develop later in the future.Loligo might even become leading exchange one day
Which currencies will be supported on Loligo exchange initially after it is launched?
If I remember correctly from WP, initially it should support ETH,BTC,LTC and ZClassic. Solid foundation for start.
Hi HiLander
Correct !
ETH, BTC have nothing to proove and they are the world's first pairs
LTC have a light fast network and worldwide adoption
Zcl is among the best private cryptos, with solid community adoption, no hidden fees and large exchange support
Please feel free to ask for any detail
Thank you
Can we expect you to add more currencies to the exchange after the launch?
Hi Dzefa
As you know Listing Tokens in known exchanges is very expensive.
LOLIGO Exchanger, was introduced to simplify the exchange of LLG and related ICOs
this will help small projects to have access to direct Exchanger witout extra fees
LOLIGO Exchange is not a financial institute and we don't intend to replace Bittrex or Coinbase.
The cryptocurrencies were chosen due to current market status.
For sure this choice will be reviewed if the market changes
Thank you
What will R&D department deal with and focus on initially as I see you dedicated 50% of funds to R&D?
What kind of incentives will you offer to investors on your platform?
Hi Avdogado
Are speacking about invesors on the project LOLIGO ?
or investors on LOLIGO based ICOs ?
Thank you
I think he was referring to investors in Loligo ICO.
Hi WhoWuWho & Avdogado
early stage private investors will have a minimal discount of 40%, more discounts can be applied depending in amount and payment delays
in addition, other advantages can be nogciated, especially if the investor is a cryptocurrency actor.
Thank you
Finally, we waited for the appearance of such a project, it is very pleasing. Most of all I like this part "fair fund distribution based on milestones and participants vote". I think it should be an integral part of any ICO!
When does the public sale start?Will the minimum be 1 ETH in public sale?
Can you tell me more about LOLIGO DAICO concept ,what are some main benefits that will bring?
Hi Ajutokintumi
LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs
Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO
In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized
LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions
implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.
More details are available in WP
thank you
What set of requirements will you be asking from a project to be fulfilled in order to allow them to launch a project/ICO on Loligo platform?
Which currencies will be supported on Loligo exchange initially after it is launched?
If I remember correctly from WP, initially it should support ETH,BTC,LTC and ZClassic. Solid foundation for start.
Hi HiLander
Correct !
ETH, BTC have nothing to proove and they are the world's first pairs
LTC have a light fast network and worldwide adoption
Zcl is among the best private cryptos, with solid community adoption, no hidden fees and large exchange support
Please feel free to ask for any detail
Thank you
Can we expect you to add more currencies to the exchange after the launch?
What kind of incentives will you offer to investors on your platform?
Hi Avdogado
Are speacking about invesors on the project LOLIGO ?
or investors on LOLIGO based ICOs ?
Thank you
I think he was referring to investors in Loligo ICO.
LOLIGO is the safest and most advanced ICO crowdfunding platform. LOLIGO Offers token creation through LCC smart contracts. It ensures a fair fund distribution based on milestones and participants' vote. LOLIGO platform offers all the required tools for a successful & professional ICO.
Which currencies will be supported on Loligo exchange initially after it is launched?
If I remember correctly from WP, initially it should support ETH,BTC,LTC and ZClassic. Solid foundation for start.
Hi HiLander
Correct !
ETH, BTC have nothing to proove and they are the world's first pairs
LTC have a light fast network and worldwide adoption
Zcl is among the best private cryptos, with solid community adoption, no hidden fees and large exchange support
Please feel free to ask for any detail
Thank you
Which currencies will be supported on Loligo exchange initially after it is launched?
If I remember correctly from WP, initially it should support ETH,BTC,LTC and ZClassic. Solid foundation for start.
I didnt know that Loligo will have an exchange too!
That exchange will go Live at the same with with the rest of platform or it will be released later?
Hi PuryLock
LOLIGO Project is composed of:
The LOLIGO Cryptocurrency: An independant Blockchain dedicated for ICO, and can be run like Ethereum and provides investors with security by implementing a system of checks and balances on the ICO funds once the sale is completed.
LOLIGO Crowdfunding Ecosystem: a blockchain platform, that facilitates the fundraising process for companies through a wide range of professional services and online applications.
As first step effort will be dedicated for LOLIGO Cryptocurrency. which will proove the robustness and democratise the use of the Blockchain.
Since all components are build on top of the Blockchain, The development will start as soon as the blockchain interfaces are finished.
Please refer to the roadmap for more information, and feel free to ask any question
Thank you
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.
Can you tell me more about LOLIGO DAICO concept ,what are some main benefits that will bring?
Hi Ajutokintumi
LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs
Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO
In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized
LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions
implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.
More details are available in WP
thank you
Which currencies will be supported on Loligo exchange initially after it is launched?
If I remember correctly from WP, initially it should support ETH,BTC,LTC and ZClassic. Solid foundation for start.
I didnt know that Loligo will have an exchange too!
That exchange will go Live at the same with with the rest of platform or it will be released later?
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