🚀 LOLIGO - World’s 1st ICO Safety Ecosystem

[loligo_official]

I see that there will be an option of shared mining,where we can mine 2 cryptocurrencies at the same time.Does that mean that we will be able to mine LLG and any other Loligo based cryptocurrency at the same time?

Hi Gwiazdooka

for ecologic reasons, LLG will be mineable in the same time with ETH.
work with mning pool is ongoing to plan the support

Thank you

Will we be able to solo mine or it will be needed to join some public pool?

Hi Klackalica

sure YOu will be able to do solo mining

However to secure a good start, mining will be allowed only to LOLIGO private nodes
once ready, mining will be open to pools as first step, then to solo miners
All mined tokens will be distributed to hoelders.

Thank you


Thank you

Will there be some fee for mining on your private nodes?

I presume there will be no fee for private nodes mining since it will all be for holders only at first if I understood correctly.

Does that mean that non-holders will not be able to mine LLG initially?

Hi John R. Cash

Phase1: Public nodes can make transaction but cannot validate them, only LOLIGO nodes can validate (hint:  XRP)
Phase2: Public nodes can mine just like any Loligo node.

Thank you

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[panjiheriawan]

Scalability is the ability to expand the capacity of the Blockchain to cope with rising load. This can be achieved, among other ways, through delegation of the subsets of validation nodes, which limits the transaction at the sub-blockchain. Ethereum is currently expanding its processing capacity and aims to exceed even that of the Visa network by setting up "sharding." Loligo takes this concept and offers a lighter, more efficient scalability that is adapted to the ICO context.

[Fekete]

What are the benefits and advantages of Loligo platform?

[Dzefa]

What is the maximum number of Loligo Tokens contributed in the token sale?

[KureBabino]

Could I have a link to your App github repository please?

[MitskiThe]

How will Loligo actually make money.What will be source of income? ICO's that are using the platform?

[Memmoria]

I see that there will be an option of shared mining,where we can mine 2 cryptocurrencies at the same time.Does that mean that we will be able to mine LLG and any other Loligo based cryptocurrency at the same time?

Hi Gwiazdooka

for ecologic reasons, LLG will be mineable in the same time with ETH.
work with mning pool is ongoing to plan the support

Thank you

Will we be able to solo mine or it will be needed to join some public pool?

Hi Klackalica

sure YOu will be able to do solo mining

However to secure a good start, mining will be allowed only to LOLIGO private nodes
once ready, mining will be open to pools as first step, then to solo miners
All mined tokens will be distributed to hoelders.

Thank you


Thank you

Will there be some fee for mining on your private nodes?

I presume there will be no fee for private nodes mining since it will all be for holders only at first if I understood correctly.

Does that mean that non-holders will not be able to mine LLG initially?

Hi John R. Cash

Phase1: Public nodes can make transaction but cannot validate them, only LOLIGO nodes can validate (hint:  XRP)
Phase2: Public nodes can mine just like any Loligo node.

Thank you

Whats the advantage to have phase  1 set up like that,that only Loligo nodes can validate transactions?It it for safety reasons?

[Blackwhite69]

I see that there will be an option of shared mining,where we can mine 2 cryptocurrencies at the same time.Does that mean that we will be able to mine LLG and any other Loligo based cryptocurrency at the same time?

Hi Gwiazdooka

for ecologic reasons, LLG will be mineable in the same time with ETH.
work with mning pool is ongoing to plan the support

Thank you

Will we be able to solo mine or it will be needed to join some public pool?

Hi Klackalica

sure YOu will be able to do solo mining

However to secure a good start, mining will be allowed only to LOLIGO private nodes
once ready, mining will be open to pools as first step, then to solo miners
All mined tokens will be distributed to hoelders.

Thank you


Thank you

Will there be some fee for mining on your private nodes?

I presume there will be no fee for private nodes mining since it will all be for holders only at first if I understood correctly.

Does that mean that non-holders will not be able to mine LLG initially?

Hi John R. Cash

Phase1: Public nodes can make transaction but cannot validate them, only LOLIGO nodes can validate (hint:  XRP)
Phase2: Public nodes can mine just like any Loligo node.

Thank you

Whats the advantage to have phase  1 set up like that,that only Loligo nodes can validate transactions?It it for safety reasons?

They should have a good thing and attractive discounts for investors. Then it will be more attractive to make big profits.

[loligo_official]

How will Loligo actually make money.What will be source of income? ICO's that are using the platform?

Hi MitskiThe
Good question

Abviously we are not making revenue from crypto trading or from only liitle fees.

LOLIGO is a free community open source crypto project.
while having a real commercial face and serious and solid business plan handled by separate entity: Bloczero.

Revenue study is available for interested persons you may pm us for more details.
see you

Thank you

[Gwiazdooka]

How you plan to spend raised funds, what will be the focus after end of sale?

[Goldigger456]

How will Loligo actually make money.What will be source of income? ICO's that are using the platform?

Hi MitskiThe
Good question

Abviously we are not making revenue from crypto trading or from only liitle fees.

LOLIGO is a free community open source crypto project.
while having a real commercial face and serious and solid business plan handled by separate entity: Bloczero.

Revenue study is available for interested persons you may pm us for more details.
see you

Thank you

From what i see you will sell some kind of "packages" for those that want to start ICO.Did you set the price already?

[nnekic86]

Scalability is the ability to expand the capacity of the Blockchain to cope with rising load. This can be achieved, among other ways, through delegation of the subsets of validation nodes, which limits the transaction at the sub-blockchain. Ethereum is currently expanding its processing capacity and aims to exceed even that of the Visa network by setting up "sharding." Loligo takes this concept and offers a lighter, more efficient scalability that is adapted to the ICO context.

Very well said.Important thing is that Loligo blocchain will be tailored to their needs,as security will be most important feature of Loligo.

[PuryLock]

I saw on Icobench(congrats on good rating) that your ptivate sale is starting in very soon.What will be the starting bonus?

[WillerTex]

Is there a way to earn some LLG tokens? How can I participate in project and help the team out?

You can join bounty campaign and make some content,like videos and articles,or you can share tweeits/facebook posts and in return you can get alot of LLG.More active you are,more tokens you get.And also,what is important,KYC is not required.

Here is the link https://bitcointalk.org/index.php?topic=4993513

What i like about Loligo bounty campaign is that KYC is not needed.So many bounty camopaigns are hassling us with that thing,and no KYC will bring many bounty hunters,with nice bounty pool.

[loligo_official]

What are the benefits and advantages of Loligo platform?

Hi Fekete

LOLIGO Blockchain and LOLIGO Platform have many applications:

- Create the ICO safety standard for the first time
- Decentralized ICO process (No central contract, and no central organism)
- Create, manage and invest in ICO in intuitive way
- No need for experts to check an ICO code
- Avoid scam projects
- Offer warranty to investors by keeping safe their funds
- Allow funders to participate in project through vote
- Adapt the campaign to the rule of each country and avoid legal issues
- Solve many real world issues (through private deployments)

and much more serious problems, we invite you to check the WP for details

Thank you

[RussellHantz]

What are the benefits and advantages of Loligo platform?

Hi Fekete

LOLIGO Blockchain and LOLIGO Platform have many applications:

- Create the ICO safety standard for the first time
- Decentralized ICO process (No central contract, and no central organism)
- Create, manage and invest in ICO in intuitive way
- No need for experts to check an ICO code
- Avoid scam projects
- Offer warranty to investors by keeping safe their funds
- Allow funders to participate in project through vote
- Adapt the campaign to the rule of each country and avoid legal issues
- Solve many real world issues (through private deployments)

and much more serious problems, we invite you to check the WP for details

Thank you

Does this mean you will be some kind of escrow service,and you will keep raised money?

[loligo_official]

What is the maximum number of Loligo Tokens contributed in the token sale?

Hi Dzefa

Total supply is 16M

Thank you

[Katsouranis]

I saw on Icobench(congrats on good rating) that your ptivate sale is starting in very soon.What will be the starting bonus?

I think  its been mentioned starting bonus for Private sale will be 30%.

[loligo_official]

Could I have a link to your App github repository please?

Hi KureBabino

https://github.com/BlocZero

Thank you

[loligo_official]

I see that there will be an option of shared mining,where we can mine 2 cryptocurrencies at the same time.Does that mean that we will be able to mine LLG and any other Loligo based cryptocurrency at the same time?

Hi Gwiazdooka

for ecologic reasons, LLG will be mineable in the same time with ETH.
work with mning pool is ongoing to plan the support

Thank you

Will we be able to solo mine or it will be needed to join some public pool?

Hi Klackalica

sure YOu will be able to do solo mining

However to secure a good start, mining will be allowed only to LOLIGO private nodes
once ready, mining will be open to pools as first step, then to solo miners
All mined tokens will be distributed to hoelders.

Thank you


Thank you

Will there be some fee for mining on your private nodes?

I presume there will be no fee for private nodes mining since it will all be for holders only at first if I understood correctly.

Does that mean that non-holders will not be able to mine LLG initially?

Hi John R. Cash

Phase1: Public nodes can make transaction but cannot validate them, only LOLIGO nodes can validate (hint:  XRP)
Phase2: Public nodes can mine just like any Loligo node.

Thank you

Whats the advantage to have phase  1 set up like that,that only Loligo nodes can validate transactions?It it for safety reasons?

Hi Memmoria
Phase 1 is full usable stage, the olny difference is that the mining rights are reserved for LOLIGO nodes.
we cannot just start open mining directly. A minimum balanced hashpower should be garanteed.

This stage is a full operational net with real conditions, this allow us to :
- List the token on recognized exchanges
- Distribute the final tokens to participants
- Launch ICOs of our first industrial partners
- Prove the operation and robustness of our solution to the public
- Start up commercial services based on the Loligo blockchain.
- rollback and quick fix if any issue detected

Thank you