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Topic: 🚀 LOLIGO - World’s 1st ICO Safety Ecosystem - page 37. (Read 28736 times)

legendary
Activity: 1218
Merit: 1038
Do you maybe have bounty campaign going on,and if you have,is KYC needed?


i just do a simple google search using "loligo bounty" as a keywords and found it
https://bitcointalksearch.org/topic/bountyllg-loligo-world-first-ico-safety-ecosystem-500k-bounty-4993513
you also can find there that bounty manager stated KYC is not required
member
Activity: 280
Merit: 11
Do you maybe have bounty campaign going on,and if you have,is KYC needed?
newbie
Activity: 219
Merit: 0
Well thought project! For how long it's been in development when exactly you started working on Loligo?

Hi HuaGwei, we have been actively working on Loligo since the beginning of this year.

Ok great,you made some nice progress then.

When can we expect platform to go Live?

Hi HuaGwei

Public testnet expected for 02/2019
Public Mainnet for 05/2019

for more details, please refer to OnePager & WP



So that means we can expect some kind of open beta in February 2019? Sounds great,cant wait to check that Smiley
newbie
Activity: 53
Merit: 0
How much of token supply is reserved for the team and advisors and will there be any vesting period?

Hi JeffTheMan
3% allocated for advisors
9% allocated for team

team members are engaged to keep their tokens for at least one year.

All unused tokens will be destroyed.

I must say i like this allocation for advirosrs and team,very modest,and thats how it is supposed to be i think.

Keep up the good work!
newbie
Activity: 29
Merit: 0
Well thought project! For how long it's been in development when exactly you started working on Loligo?

Hi HuaGwei, we have been actively working on Loligo since the beginning of this year.

Ok great,you made some nice progress then.

When can we expect platform to go Live?

Hi HuaGwei

Public testnet expected for 02/2019
Public Mainnet for 05/2019

for more details, please refer to OnePager & WP

newbie
Activity: 29
Merit: 0
Hi Kutuzuv44,

Not to spend them. But to get them.
When the team reached some requirementa, the participants vote to unfreeze the money.

So :
,but they will have to meet some requirements to get the money.


What kind of requirements are we talking about in this case?

Kutuzuv44
It's really up to the ICO participants, only contributers can decide about the funds distribution.

Founder need to convince TkVmin% of holders to unblock the money

TkVmin is defined at the ICO launch. We recommend at least 51%, 80% for strong projects

The bigger the TkVmin is, the more reassuring it is just like ICObench ratings

It's clear that people will avoid investing in 30% TkVmin value projects Wink

for more information please refer to the WP


newbie
Activity: 29
Merit: 0
How much of token supply is reserved for the team and advisors and will there be any vesting period?

Hi JeffTheMan
3% allocated for advisors
9% allocated for team

team members are engaged to keep their tokens for at least one year.

All unused tokens will be destroyed.
jr. member
Activity: 238
Merit: 1
Just found an interesting article that explains what Loligo is all about.Good stuff for those that are too lazy to read Whitepaper Smiley

https://medium.com/@Loligo_co/why-loligo-aa88ad25a96b
newbie
Activity: 29
Merit: 0
Can you share what are your plans with the funds you get from ICO? How will they be allocated?

Hi Blackladder
for funds distibution please check the OnePager
for more details about development plan you may check the WP.

newbie
Activity: 131
Merit: 0
Hi Kutuzuv44,

Not to spend them. But to get them.
When the team reached some requirementa, the participants vote to unfreeze the money.

So :
,but they will have to meet some requirements to get the money.


Thank you for the answer,i think i understand now.So you will be some kind of escrow too?

Hi Kutuzov44

LOLIGO's funds distribution is decentralized, the code managing the distribution is executed by miners.

The funds collected for the ICO remains allocated for the founder but amount is in "blocked" state. funds are unblocked due to periodic participant's vote

No trusted entity or trusted contract developer are needed.

Thank you for detailed answer,i really appreciate that,and ill keep an eye on your project Smiley
newbie
Activity: 10
Merit: 0
I couldn't find the info about token, will it be erc-20?What will be the supply?


Hi KureBabino :
Yes, it is an ERC-20. The Supply is 16M
jr. member
Activity: 247
Merit: 2
How much of token supply is reserved for the team and advisors and will there be any vesting period?
newbie
Activity: 166
Merit: 0
Can you share what are your plans with the funds you get from ICO? How will they be allocated?
newbie
Activity: 216
Merit: 0
I couldn't find the info about token, will it be erc-20?What will be the supply?
newbie
Activity: 152
Merit: 0
Can you tell me any tangible reason why LOLIGO is needed knowing fully well that we have many blockchain projects working on the same idea

It is not about how many projects work on the idea, but which project has a team capable of delivering us best project and services and Loligo is the one if you ask me.
jr. member
Activity: 248
Merit: 1
Hi Kutuzuv44,

Not to spend them. But to get them.
When the team reached some requirementa, the participants vote to unfreeze the money.

So :
,but they will have to meet some requirements to get the money.


What kind of requirements are we talking about in this case?
newbie
Activity: 29
Merit: 0
Hi Kutuzuv44,

Not to spend them. But to get them.
When the team reached some requirementa, the participants vote to unfreeze the money.

So :
,but they will have to meet some requirements to get the money.


Thank you for the answer,i think i understand now.So you will be some kind of escrow too?

Hi Kutuzov44

LOLIGO's funds distribution is decentralized, the code managing the distribution is executed by miners.

The funds collected for the ICO remains allocated for the founder but amount is in "blocked" state. funds are unblocked due to periodic participant's vote

No trusted entity or trusted contract developer are needed.
newbie
Activity: 131
Merit: 0
Hi Kutuzuv44,

Not to spend them. But to get them.
When the team reached some requirementa, the participants vote to unfreeze the money.

So :
,but they will have to meet some requirements to get the money.


Thank you for the answer,i think i understand now.So you will be some kind of escrow too?
newbie
Activity: 29
Merit: 0
Can you tell me any tangible reason why LOLIGO is needed knowing fully well that we have many blockchain projects working on the same idea

Hi soundrum,
Did you look at the WP ?
Can you mention these projects ?

At this stage we are not aware of the existance of a project offering a full decentralized ICO security process.

LOLIGO will be THE ICO Blockchain.
copper member
Activity: 140
Merit: 1
Can you tell me any tangible reason why LOLIGO is needed knowing fully well that we have many blockchain projects working on the same idea
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