Why did you call your project "LaLaworld"? What does it suppose to mean?
I believe LaLa= smile, so basically to bring financial freedom n happiness to those underserved, mostly serving third world countries, immigrants and their family members, but also serving globally. |
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I'm just wondering, if Lala World can lend money from different people, what will be their assurance that all people who lend money will give back the money they borrow. Is there a collateral they will get for them to let the person borrow money?
this is what i'm suggesting: they need to have an office in order to investigate the background of the customers in order for them to safely decide if they will lend this someone or not; and they need a guarantor. LALA have various lending services some is collateral based and some is collateral free. LALA is creating a comprehensive score of each individual which will help in getting loans. Thank you for clarification. Where can we find the requirements and information to avail the collateral based and collateral free in lending money? Is it available in the apps or in whitepaper? You can read about it in the whitepaper. So LaLa is like an intermediate, help connecting the lender with the borrower? and how will the credit score be evaluated and be a reliable source? |
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Does LaLa wallet comes with security features? like google authen? What is soneone lose their phone, how can one recover?
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Hello Lalaword, looks like Lala token can be convert to fiat? what are the steps to convert Lala to fiat, and direct conversion to what fiat? what is Lala plan to counter volatility as Lala tokens price changes when it goes on crypto exchanges?
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LaLaWorld mostly focusing on immigrants, underserved, and third world countries. This project has potential to bring more financial freedom to those area that are currently underserved. Thumb up !)
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Important Announcement Dear Community Members,
Thanks for the overwhelming support, you all have provided so far.
We are proud of our community and we trust on our community. So We have decided, from now you have no need to give us the report of tasks you have completed in the past week. After finishing your tasks, You can simply post " Tasks done" and your stakes will be provided on the basis of that.
please kindly update my status to full member, plus avatar. My last week stakes also did not get counted, do not understand. |
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Sz_
My rank just promoted to full member, and I also added LaLaWorld avator: please updates.
Much appreciated.
Theleaf
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Hello Dev: please check: week 6 post count is 10 but there is no stakes??? line 19, sig final.
Much appreciated!
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Still confused how lala wallet will introduce to immigrants, are most of them already aware of crypto currency? Is this some sort of app that can help them transact by the use of cryptocurrencies?
I doubt it will be easily possible and I am also wondering how they are trying to achieve this. They are rather people who are not aware of the technical revolution so the task will be to efficiently target them and educate them about the advantages. Still they will need to invest money to get the devices they need to make use of this developments. yah, im still thinking how the immigrants and poor people will use the lala app..? how will they get in touch to the poor people and introduce lala app..?? how will they convinced them to use and trust lala app..?? it's easy to use but the problem is, will they use lala app in their everyday life?? just asking.. basically, for this to work, LaLa would need a mass/strong foundation in place, which I believe they already have and strengthening their networks, is that most immigrants are hard workers, send most of their money home, via LaLa Wallet, there, back at home, families members can cash out via fiat or keep their LaLa tokens. One of the difficult task/challenge is how will insurance be applicable to the immigrants and their family members @ home, lots of policies/regulations/legal,etc complications for this to work. |
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Anyone can explain LaLa's lending program? I'm really interested to know more about it.
*Sorry haven't read the whole whitepaper yet.
Well, They had Micro loans backed by LALA Token investors they also working for Government partnerships for our assurance that they have a capabilty to fund some loans. Thank you. How will that work for immigrants? Do they lend fiat currency directly or is it just LaLa token? I believe its still one of the future service that LaLa wants to incorporated into the LaLa package. As far as fiat or LaLa token, basically, you can deposit either type into your LaLa wallet, but you will need one of the local store/branch that takes LaLa token when you want to change it to fiat. |
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I must remind you that "lala" means lesbian in China, i think you better consider to change the name if you want to enter Chinese market
hahah. I didn't know that LALA means happiness in english and LALA means Brother, Underworld Don, Mafia Gangster in Hindi... this is an Indian Project so I assume LalaWorld mean World of Gangsters, world of Dons, world of Criminals. hehehe. and who knows maybe Dawood Ibrahim himself is supporting this project. Actually, I watched/read of their social channel, LaLa actually means happy, guess they want to bring happy to the less fortunate. Even though we live in 21st century, still many people live in 2nd and 3rd world! |
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Plus, this is one of a few projects where investors not only make money, but also making a difference for the less fortunate!
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hello dev: please check my stakes again for week 5, I thought it ended to day, time zone difference, but I should have 10 quality constructive post by now. I will continuing posting quality posts on time in the future. Much appreciated!!!
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Everything in one package, LaLa wallet, but whats the plan for those underserved, immigrants that do not have smart phones???
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