[ANN] [ICO] LaLa World : An ecosystem for migrants and their families

[lalawallet]

Will LaLa burn the unsold tokens after the official ICO? If not, what are the plans for it?

It is a common practice to burn all unsold token to avoid any illegal usage of coin. Also, it must be stated the allocation percentage of token for development purposes.

For being honest, I don't know about burning token and what it means for. That's why I keep continue reading and observing why they need to do it. The previous commend enlighten me a little, thanks man.

Same question, actually. Is burning the unsold token will help the token to have a high price on cryptocurrencies?

Burning the unsold tokens in excess of 200 million, will sustain the value of the sold tokens.

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[rdny]

Where did they get their statistics regarding migrant population and their financial status? 2 billion is a lot if its their target but most of them might have no phones, or already have using other unbanking platforms.

Note: I posted this on the bounty thread I might have some good answers getting here. Well im not an immigrant but I understand the situation of not having a bank to do some financial transactions. This will be a great app and platform solving a long case problem worldwide

The data is from world bank. We know about the unbanked population and hence have started off with a specific audience of migrant (workers). Even in developing countries where these migrants hail from, the mobile penetration is huge. Mobile money and payments has lot of market penetration.
Just so as to be even more efficient - we are launching LALA kit that would have a android phone.

It is a good thing that you are launching a LALA kit which includes an android phone with it. This will be a beneficial first step to those who want to use the lala platform to perform transactions. I hope they will also give user training that comes when availing lala kit with an android smartphone.

[lalawallet]

can we pay bills in other countries without lala office? or just those countries with lala situated in, i want to know since going on a payment center just to pay bills is a waste of time for me 

We intend to provide global bill payment options.

[HyunBin]

In philippines can we pay electric bill or water bill using lala? Or they need to have a partnership with the electric company? I think it is easy if there is a crypto payment to our daily or monthly bills

yes, but we need the participation of the companies here in the philippines, if we want it here. It's feasible yet the target of Lala is wordwide. If we can pay our bills via cryptos, we might be needing an additional facilities.

but that's not a bad idea, it's okay to add that feature like the other wallets—we used to pay bills tru wallet.

By the use of LALA wallet we can pay our bills , the services they offer is very convenient to the user. It will become very useful in the future if this become successful and successfully launch in the market .

[Faiyz]

Interesting project. But how are you going to attract those migrants and their families? In what way are you going to advertise yourself among them?

Ofcourse Lala world will have a better marketing strategy  for that,  and migrants are everywhere for sure with the right advertisements Lala world can connect easily to migrants.

According to them, they are in partnership with various organization that will help them to promote lala, they will be the one to identify who are qualified for their service

I just hope they become successful in the negotiation of partnering with big companies , it can help the project become more popular in the market .

I've searched their potential partners like bestinet, FMW and TASSTECH and I found out that those are quite big companies too. I think it is their edge when their negotiations will become successful because having a established and well-known partners will help them to achieve their mission.

I make time to have a research in LALA world , but Im afraid I cant see more interesting news and updates in this project. Can you help me by giving the link where you find this updates?

[mayAbbott]

This is a healthy community and there is not much spam, payment field projects, security + fast + marketing = perfect

[Leetukyang]

I like this project, the concept is very practical and the product is in high demand, just the point to consider is the competition, already many big names are in the market like everex, humaniq and omisego etc with the same slogan. I hope lalaworld will provide the best services and platform to stand out from rest.

Competition is the nature for businesses but it could also give motivation to stand out from competitors and because of this i think LaLa World will offer best services and always think of better ways to satisfy all the users of their platform to prove that they are better in the industry and i know they can.

Yeah right. Competition is normal in every business. That is one of the reason why they need to double their effort for them to survive in competition. It is a matter of how they will handle that scenario in their business.

Before they plan to go and make an ICO , the basic thing to do is to know who is your competitor and what are the things you need to do to compete , since this ICO is new in the services they want to offer. There are many top companies who is successful in giving a services like they offer. Im sure it will be hard for the LALA team , but I still believe because of the team effort and all the supporters it will become successful and in the near future it will compete fairly in top companies .

I agree with your opinion.
before planning to go and make the ICO, we must know who our competitors and things what will be done when competing, due to compete in the event that the business is not an easy one.
easy-easy project will run well and achieve success.

wahhh ... ... This is what we know are very nice because with this information might be of some people who do not yet know this, this will be set as an extra science. like me.
and hopefully this project succeed.

It will surely become successful sir , I mean with their platform and team behind this project. The devs and team LALA work hard to make more improvements and also to make more partnership that can help them to advertise . In no time it will compete in the top companies who offers the same services offer by LALA .

[zhaichi11]

is it LaLa ID includes every user's fingerprint as a part of their security system?Correct me if i am wrong.

I think it is part of their security protocol. Because if a certain wallet can only be access by means of finger print of the owner then the files and property of the owner if fully secured.

we secure the lala ID if the finger print security is main password or security, they cant open it without the finger of owner, good decision to make this security

Good choice, finger print security is high quality of security for gadgets, applications and volts it will give assurance for all clients of lala World.

Very smart idea using finger print they allow only the user register in lala id,its a very safe to use finger print no one can hack it.

Actually based on the studies about security measures, finger prints, sound and facial activation or recognition is not advisable to use. Because it is prone to malfunction that will lead your files to become vulnerable. But I think it a matter of how the developers will create their own security measures that is why I don't easily believe on that review.

i agree with you. almost all of the things in this world can be copied, even the security of biometrics, it's easy to edit, copy the pictures of users here in lala. one more thing they need is the security and information of a user.

better if they will have an office in order to submit information and files of the user in order to activate an account. then the transaction can be done on online.

I suggest that they should hire a customer service representative to answer all the inquiries and question of the user and investor..

I think we should not worry about the security system of Lala wolrd. Because this platform is using block chain technology to protect their system which is according to the authors of block chain "The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value."

Yes, agree with you blockchain is quite good enough at security measures but LaLa world even make it stronger for including Biometrics and KYC/AML as an addition to their security system

In this , I can be assure about my security and the safetyness of my accounts and assets that LALA wallet will hold.  Bio metrics and KYC/AML is indeed a good plan to lessen that threat of stealing accounts.

[kiddddddd]

can we pay bills in other countries without lala office? or just those countries with lala situated in, i want to know since going on a payment center just to pay bills is a waste of time for me 

I don't think so, because payment of bills specially utility bills should have partnership with its collection agent, maybe if they can have a formal agreement with those utility companies.

I think it is not possible. Lala World has only a limited companies in agreement. If the country has no Lala Services available then it is not even applicable.

it's not impossible to happen. Just like what other wallets did. Example is coins.ph, though they don't have office, they can still be functional with the help of remittances and banks. The best way of investing is having a partnership with another company.

Investors only invest if they see a profit on some projects. LaLa world has so much to offer and I don't think it'll be hard for LaLa World to find partnership in every country in the world and by that, it is not impossible for them to find partnership which they can put a LaLa services or LaLa customer services.

[avianvian09]

I like this project, the concept is very practical and the product is in high demand, just the point to consider is the competition, already many big names are in the market like everex, humaniq and omisego etc with the same slogan. I hope lalaworld will provide the best services and platform to stand out from rest.

Competition is the nature for businesses but it could also give motivation to stand out from competitors and because of this i think LaLa World will offer best services and always think of better ways to satisfy all the users of their platform to prove that they are better in the industry and i know they can.

Yeah right. Competition is normal in every business. That is one of the reason why they need to double their effort for them to survive in competition. It is a matter of how they will handle that scenario in their business.

Before they plan to go and make an ICO , the basic thing to do is to know who is your competitor and what are the things you need to do to compete , since this ICO is new in the services they want to offer. There are many top companies who is successful in giving a services like they offer. Im sure it will be hard for the LALA team , but I still believe because of the team effort and all the supporters it will become successful and in the near future it will compete fairly in top companies .

I agree with your opinion.
before planning to go and make the ICO, we must know who our competitors and things what will be done when competing, due to compete in the event that the business is not an easy one.
easy-easy project will run well and achieve success.

wahhh ... ... This is what we know are very nice because with this information might be of some people who do not yet know this, this will be set as an extra science. like me.
and hopefully this project succeed.

It will surely become successful sir , I mean with their platform and team behind this project. The devs and team LALA work hard to make more improvements and also to make more partnership that can help them to advertise . In no time it will compete in the top companies who offers the same services offer by LALA .

a very interesting project, I hope the project goes well and smoothly, hopefully this project will be successful.

[qwertysungit]

Let me ask something about this wallet thing, does our money safe here? Does Lala security can be as safe and secure that a bank can offer?

Yes, your money is safe at LaLa world because this kind of application is fully secured because of the fingerprint security they cant open the wallet without the finger of owner.

Is that true that they will established the fingerprint method in the LALA wallet security? Can you give me a link or information? where did you get that news?

[debil]

I highly recommend this project because as you can see LALA is always being transparent to their investors so without a doubt this project will be famous and will be used by people globally

[smith136]

LALA World and Clothes Box Foundation – Spreading Smiles Together!

https://blog.lalaworld.io/lala-world-clothes-box-foundation-spreading-smiles-together/

You guys rock, you really a company for the public, more blessings for you guys to come so you can help and reach out more to those people in need.

[PartyPete]

LALA World and Clothes Box Foundation – Spreading Smiles Together!

https://blog.lalaworld.io/lala-world-clothes-box-foundation-spreading-smiles-together/

Nice blog! Looking forward for more regular updates and development. Way to go Lala World!

[DriftKing]

LALA World and Clothes Box Foundation – Spreading Smiles Together!

https://i.imgur.com/ty4z1CW.jpg

https://blog.lalaworld.io/lala-world-clothes-box-foundation-spreading-smiles-together/

Teaming up with Foundations to build trust and national awareness. Well done Lala World!

[rdny]

The LaLa goal is to completely change the way individuals, small businesses and microenterprises deal, pay, and borrow. It is hoped that the ICO of the project will be successful and support the development team to achieve this great idea.

I agree on this. With lala, the unbanked migrants and their families will have access to funds similar to those banked individuals are experiencing, but with less stringent requirements and faster approvals and seemless transactions to boot.

[saaux]

Yes it seems that lala wallet is user friendly

[rey.fudz15]

Based on reading the lala world whitepaper, I found LALA CARD which serves as a debit, credit and even loyalty card. It serves as a prepaid card synced through lala wallet. Perks of having this card is "the more you spend, the more you earn points." which can be used on loyalty card programs that lala world offers and credited. In my opinion, this lala card may used on many ways possible. Really interesting product they created. Thanks Lala world.  

So...you can use that card to pay for something? correct me if I'm wrong.

Yes , you can use LALA Card for any transaction.Furthermore, the user can also set limits for his family members and sync all the cards to the same Wallet. In the LALA Card almost nil fee when used globally.Customers will be allowed to top-up their LALA Card with ETH/BTC/LALA Tokens, bank transfer, credit card, debit card or via a pre-approved credit limit.

wow such a great idea, this is very convenient way of dealing with transactions in fiat or in crypto, can't wait to use these lala card and wallet soon. Can we use lala wallet in purchasing some things in a mall?

[DriftKing]

Yes it seems that lala wallet is user friendly

Of course it is user friendly to ensure most user to be able to adapt on its user interface and set up.

[jackjackfly]

Sorry for being not so clever, but I haven't understood how exactly lala will help?
Just if I live in German and my granny in America, will it just simplify the way I can send her money?