🚀 LOLIGO - World’s 1st ICO Safety Ecosystem

[Inmytree]

Where will we store our Loligo tokens after sale? What kind of wallet will we need?

Goran Gazo

Loligo Tokens can be viewed in any ERC-20 compatible wallet.
Once migrated to final blockchain, Loligo Wallets have to be used

Thank you

When is release of Loligo wallet scheduled or expected to happen?

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[Kuksi]

How come you are doing KYC internally,and not hiring some external company to do it for you?

Hi Samson_bbl

Many ICO are using independant KYC agency, most of them are working from countries with very permissive personal data management rules.
To avoid any personal data transfer LOLIGO KYC is handled in local servers.
No information is transferred to a third party.

Thank you

That is true, less parties involved in this, less chances for data leak.
Is government issued ID enough, or you require proof of residence too?

I believe that that will depend on the level of verification you want for your account.

[MitskiThe]

You mentioned voting for projects on Loligo platform.For what exactly we gonna vote?

Hi PujuTravala

Invesors will vote to decide if the Blockchain releases the scheduled fund part for the ICO founder
Or to cancel The project seed, and get back the unspent investment

Thank you

Thats very interesting concept!

Every  investor will have same voting right,or it will depend on the amount of tokens we bought?

Hi PujuTravala

Vote power depends on the ICO token (not LLG) voter balance

Thank you

Will Loligo token holders have a say in decisions related to Loligo?Like changes on platform and stuff like that?

[HulioIglesias]

I don't have much money to invest so I'm very interested in mining Loligo.When can we expect that mining will start?What algorithm will it be?

I think that algo will be ethash.Mining should start after the ICO, but not immediately.

[loligo_official]

You mentioned voting for projects on Loligo platform.For what exactly we gonna vote?

Hi PujuTravala

Invesors will vote to decide if the Blockchain releases the scheduled fund part for the ICO founder
Or to cancel The project seed, and get back the unspent investment

Thank you

Thats very interesting concept!

Every  investor will have same voting right,or it will depend on the amount of tokens we bought?

Hi PujuTravala

Vote power depends on the ICO token (not LLG) voter balance

Thank you

Will Loligo token holders have a say in decisions related to Loligo?Like changes on platform and stuff like that?

Hi MitskiThe

Sorry to say that, the answer is NO, LLG holders don't have any governance power

LOLIGO blockchain governance is based only on security and fault management


Thank you

[aalmina82]

Where will we store our Loligo tokens after sale? What kind of wallet will we need?

Goran Gazo

Loligo Tokens can be viewed in any ERC-20 compatible wallet.
Once migrated to final blockchain, Loligo Wallets have to be used

Thank you

We will be able to store only Loligo based ICOs on that wallet,or any other erc-20 based tokens as well?

[SpockSenior]

What will be the main purpose of Loligo tokens,inside this ecosystem?

[loligo_official]

Where will we store our Loligo tokens after sale? What kind of wallet will we need?

Goran Gazo

Loligo Tokens can be viewed in any ERC-20 compatible wallet.
Once migrated to final blockchain, Loligo Wallets have to be used

Thank you

We will be able to store only Loligo based ICOs on that wallet,or any other erc-20 based tokens as well?

Hi aalmina82

LOLIGO Wallet is fully compatible with ethereum, you have only to change the network mode, and then store all ERC20 tokens

Thank you

[Tamrlan]

What will be the main purpose of Loligo tokens,inside this ecosystem?

Loligo Ecosystem;



https://www.youtube.com/watch?v=IHfqS5Hsyxk&feature=youtu.be

Complete information;
Website; https://loligo.co
Whitepaper; https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf

What is LOLIGO?

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.

[loligo_official]

Where will we store our Loligo tokens after sale? What kind of wallet will we need?

I presume it would be enough to have any erc-20 compatible wallet at first and later you will have Loligo developed wallet for your tokens if I'm not mistaken.

Is Loligo developing the wallet already?

Hi WhoWuWho

Yes we are working on the full node wallet

Thank you

[loligo_official]

How come you are doing KYC internally,and not hiring some external company to do it for you?

Hi Samson_bbl

Many ICO are using independant KYC agency, most of them are working from countries with very permissive personal data management rules.
To avoid any personal data transfer LOLIGO KYC is handled in local servers.
No information is transferred to a third party.

Thank you

That is true, less parties involved in this, less chances for data leak.
Is government issued ID enough, or you require proof of residence too?

Hi Samson_bbl

please go to registration page and create your account
one registred, the required documents will be displayed.
in most cases ID document is enough

Thank you

[Blueoyster]

When does the public sale start?

[HakiMikkinen]

What will be the main purpose of Loligo tokens,inside this ecosystem?

Loligo Ecosystem;

https://i.imgur.com/KMYmSkO.png

https://www.youtube.com/watch?v=IHfqS5Hsyxk&feature=youtu.be

Complete information;
Website; https://loligo.co
Whitepaper; https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf

What is LOLIGO?

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.

Thank you for making this post, it is like a mini guide

[KimiNonaWa]

Do you store any private data of users? I understand you are doing KYC yourself, no third party company?

[Ridethewave]

Do you store any private data of users? I understand you are doing KYC yourself, no third party company?

I understand why you might be asking this and be a bit worried, but Loligo team has been transparent and I'm sure our data will be safe.Although having a third party company would make this question completely obsolete.

[aalmina82]

Where will we store our Loligo tokens after sale? What kind of wallet will we need?

Goran Gazo

Loligo Tokens can be viewed in any ERC-20 compatible wallet.
Once migrated to final blockchain, Loligo Wallets have to be used

Thank you

We will be able to store only Loligo based ICOs on that wallet,or any other erc-20 based tokens as well?

Hi aalmina82

LOLIGO Wallet is fully compatible with ethereum, you have only to change the network mode, and then store all ERC20 tokens

Thank you

That is great to hear,that we will be able to store all our erc20 tokens and Loligo platform based tokens in the same wallet,ease of use is extremely important!

[Gwiazdooka]

Do you store any private data of users? I understand you are doing KYC yourself, no third party company?

I understand why you might be asking this and be a bit worried, but Loligo team has been transparent and I'm sure our data will be safe.Although having a third party company would make this question completely obsolete.

On the contrary,i dont think that our data would be any safer if 3rd party is involved.There were security breaches and hacks of those  KYC companies,so i personally wouldnt feel any safer with them doing KYC,as that just means more people have access to our data.

About KYC,how long does it take to go through  procedure?

[loligo_official]

When does the public sale start?

Hi Blueoyster

Public presale starts 11/10/2018
due to late campaign start, we may announce longer sale period
keep looking on  our channels

Thank you

[loligo_official]

Do you store any private data of users? I understand you are doing KYC yourself, no third party company?

Hi KimiNonaWa

only the ID of the user is stored
The information is only used for internal purpose.
No user information are given to any third party.

Thank you

[Avdogado]

Where will we store our Loligo tokens after sale? What kind of wallet will we need?

Goran Gazo

Loligo Tokens can be viewed in any ERC-20 compatible wallet.
Once migrated to final blockchain, Loligo Wallets have to be used

Thank you

We will be able to store only Loligo based ICOs on that wallet,or any other erc-20 based tokens as well?

Hi aalmina82

LOLIGO Wallet is fully compatible with ethereum, you have only to change the network mode, and then store all ERC20 tokens

Thank you

That is great to hear,that we will be able to store all our erc20 tokens and Loligo platform based tokens in the same wallet,ease of use is extremely important!

Agreed, everyone will welcome more flexibility and options with wallet, including me