🚀 LOLIGO - World’s 1st ICO Safety Ecosystem

[Arching_wild]

It is a very interesting project, I will follow the development and I wish prosperity! We have to promote these excellent ideas.

[1715017426]

1715017426

[Lightmotiv]

Can you tell me more about LOLIGO  DAICO concept ,what are some main benefits that will bring?

Hi Ajutokintumi

LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs

Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO

In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized

LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions

implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.


More details are available in WP

thank you

Thank you for the detailed asnwer.

So i see that you mentioned miners,that means Loligo will be proof-of-work based?

Hi Ajutokintumi
Right, LOLIGO concensus is POW based

Thank you

Will there be any premined tokens before launching public mining?

[Ridethewave]

What will R&D department deal with and focus on initially as I see you dedicated 50% of funds to R&D?

Most likely those funds will be used to develop platform and blockchain further and possibly bring some new features in future.

[Fekete]

Just heard about Loligo from a friend and he recommended it to me so I would like to know can I buy with credit cards?

[BoycieBuahaha]

What level of technical knowledge will team need to posses to be able to launch a token using Loligo services?

[Sengjen]

Is you smart contract already audited by a third party company?

[loligo_official]

What will R&D department deal with and focus on initially as I see you dedicated 50% of funds to R&D?

Hi Klackalica
First R&D Milestones are related to Blockchain development
All the platform components are buit on top of the blockchain.
LOLIGO is a serious R&D project with real challanges & innovations

we will focus mainly, but not only, in:
- Blockchain Core
- Explorer integration
- Main net deployment
- Tools development
- Premining and DB building
- Snapshot and balances reporting
- Listing developments
...

[loligo_official]

Can you tell me more about LOLIGO  DAICO concept ,what are some main benefits that will bring?

Hi Ajutokintumi

LOLIGO is not a DAICO project or a simple smartcontract, LOLIGO is an independant Blockchain dedicated for ICOs

Currently All DAICO-like projects have two approach:
- using the existing Ethereum DAICO, which is involving DAO
- using a custom smartcontract, which is mean developing a smart contract for each ICO

In both cases:
- Investor cannot be sure about the safety of the process for all ICOs, Experts review have to validate all ICOs one by one
- The code is not decentralized:
by using blockchain, smart contract transactions are managed by the base token which means the transaction is safe.
However funds distribution process is managed by smartcode which remains unique and centralized

LOLIGO code & process is executed directly by miners and ensures the best decentralized funds distributions

implementing the code in blockchain, allows also to simplify the token creation/sale code:
only few lines are needed to create and start an ICO.


More details are available in WP

thank you

Thank you for the detailed asnwer.

So i see that you mentioned miners,that means Loligo will be proof-of-work based?

Hi Ajutokintumi
Right, LOLIGO concensus is POW based

Thank you

Will there be any premined tokens before launching public mining?

Lightmotiv

Yes and No

Yes, there will be premined tokens.
No, we will premine only the tokens of ICO participants.

Please note that public mining is scheduled for end 2019. before that, all mined tokens will be distributed to LLG holders.

For more details you can check the WP, or feel free to ask here

Thank you

[loligo_official]

When does the public sale start?Will the minimum be 1 ETH in public sale?

Hi HulioIglesias

During presale the minimum is 1 ETH.

No minimum during crowdsale.

Thank you

[loligo_official]

Just heard about Loligo from a friend and he recommended it to me so I would like to know can I buy with credit cards?

Hi Fekete

Credit card is supported through third party API.

However To optimise the investment, we encourage confirmed users to buy their ETH from live trading platforms.


Thank you

[loligo_official]

What level of technical knowledge will team need to posses to be able to launch a token using Loligo services?

Hi BoycieBuahaha
Getting started with a founder account is a seamless process that can be completed in just a few minutes.
Using Factory Wizard all tuning settings are managed using simple UI.

Thank you

[Karam Prasad]

About KYC process,do you plan to hire some external comopany,or it will be done internally by your team?

[SRBYN]

What level of technical knowledge will team need to posses to be able to launch a token using Loligo services?

Hi BoycieBuahaha
Getting started with a founder account is a seamless process that can be completed in just a few minutes.
Using Factory Wizard all tuning settings are managed using simple UI.

Thank you

That is good to hear,that whole process will be user friendly,as i think we need more of that in crypto world.

Do you plan some kind of guides for absolute beginners?

[KotiKo]

In order to ensure the sustainability of the ICO process, the views of States are still extremely needed. In fact, no technical solution and rules requested by the states do not balance the freedom and simplicity of investment in the ICO.

[loligo_official]

Is you smart contract already audited by a third party company?

Hi Sengjen
Our smart contract is writeen by expert/auditer. the code is ready, and deployed on ropsten
we are finalizing internal tests.

A third party company will be charged of external audit.

Thank you

[loligo_official]

About KYC process,do you plan to hire some external comopany,or it will be done internally by your team?

Karam Prasad
Most of  independant KYC agencies are working from countries with very permissive personal data management rules.
To avoid any personal data transfer LOLIGO KYC is handled only in local servers.
No information is transferred to a third party.

Thank you

[loligo_official]

What level of technical knowledge will team need to posses to be able to launch a token using Loligo services?

Hi BoycieBuahaha
Getting started with a founder account is a seamless process that can be completed in just a few minutes.
Using Factory Wizard all tuning settings are managed using simple UI.

Thank you

That is good to hear,that whole process will be user friendly,as i think we need more of that in crypto world.

Do you plan some kind of guides for absolute beginners?

Hi SRBYN
Sure there will be Paper and Video guide
our business/sale team is skilled in doing both, I invite you to take a look on the delivered resources (animation, documents).

So don't worry

Thank you

[ipsec]

it looks good, but not unique. tell us more about yourself. do you have ready-made successful products? or is this the first project? I see you have a bounty company. and I want to be aware if there are reliable projects.

[loligo_official]

it looks good, but not unique.

Hi ipsec
can you list examples so we can be more precise for the answer ?


Thank you

[loligo_official]

In order to ensure the sustainability of the ICO process, the views of States are still extremely needed. In fact, no technical solution and rules requested by the states do not balance the freedom and simplicity of investment in the ICO.

Hi KotiKo
Different countries have different laws.
It's important to have an administration service by country / region.

don't hezitate to precise more your question


Thank you