williams kayode
Sep 4, 2018 · 4 min read

Hello everyone, I’ll be writing about the ‘’LOLIGO PLATFORM’’. I’ll be writing on the following ;

- What Loligo is
- Loligo Exchange
-Business plan of Loligo
- Services Loligo offer

WHAT LOLIGO IS
Loligo is a revolutionary platform that ensures the smooth operation of ICOs through innovative staggered contracts and under the control of the participants/users. 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 basically.

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 EXCHANGE
This is a private cryptocurrency exchange that consistently supports all ICOs launched via the Loligo platform. It mainly helps ICO token holders sell their reserves before the official listing. Their exchange also allows miners to sell their tokens directly in a marketplace with sufficient demand. In addition to the intuitive mode of exchange, a “pro” mode is available for more advanced users. Its modular architecture permits support for several recognized currencies. Deposits and withdrawals to the Smart Wallet are natively supported.
Initially it was decided to support the following currencies:
- ETH / BTC: These are the two most recognized crypto currencies and accepted
worldwide. This ensures maximum interoperability transfer and exchange of
currencies.
- LTC (Litecoin): The third most recognized currency and by far the one with the
fastest blockchain among the top 5. LTC is supported by almost every exchange
and directly buyable with fiat.
- ZCL (Zclassic): For reasons of preservation of anonymity, it was decided to
propose a currency offering transaction encryption. Their choice was focused on
Zclassic due to available liquidity, the large exchange support and above all, the
absence of hidden costs.

BUSINESS PLAN OF LOLIGO
Loligo is an open source project, free of distribution rights, seeking widespread community adoption. However, a business model has been developed to ensure the profitability and sustainability of revenues of the founding company while preserving liberty and transparency of the blockchain. These funds will be mainly used to maintain the code and develop new features to stay at a competitive level in the course of trade.
Supplementary launch models called Premium and Advanced are available to launchers wishing to offer more safety and ergonomics to their investors. Several services are offered, including two levels of certification and guarantees extended without ceiling limits. These packages also include limited or unlimited access to the different services offered by the business entity.
The commercialization and deployment of the platform in private environments is an important part of their business plan. Loligo will build on the success and strength of its public deployment to meet the use cases identified where its added value is indisputable.

SERVICES LOLIGO OFFER

ICO Launch;
This is a complete package for launching ICOs. Their teams put their experience serving customers wishing to launch fundraising campaigns. This covers technical expertise, the development of various deliverables, as well as scheduling and promoting the campaign.
Customers opting for this service can also benefit from their financial network and begin their public sale with a comfortable and inviting presale.

Professional Service:
The consulting service is the strictly commercial side of Loligo project. Indeed, this is the main service that leverages their open and free code to get the maximum benefit. This happens primarily by private deployment of the platform, providing development service, writing contracts, and designing complex blockchain-based solutions.

GovLink:
During the previous year, ICOs have emerged as the most simplified method of fundraising. However, to ensure the sustainability of this process, a formal adoption by states remains necessary today. This inevitable adoption today is far from feasible.
In fact, no technical solution has been to balance the freedom and simplicity of investment in ICOs and regulations requested by the states. Several governments have begun to seek legal frameworks associated with reliable technical means.

THANKS FOR READING.
To know more about loligo;
visit the website: https://loligo.co/
join the telegram group: https://t.me/LOLIGOico
whitepaper link: https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
my bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2343430
facebook link: https://www.facebook.com/loligo.co/
twitter link: https://twitter.com/Loligo_co

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