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Author Topic: lohncontrol.com -a blockchain project which proposes another business model  (Read 2484 times)
lohncontrol
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June 20, 2019, 03:33:07 PM
 #1


        What is the lohn ?

    After World War II, human society entered a new stage of development and the appetite for consumption led to the emergence of a new industrial revolution. The profit maximization chase pushed consumer goods manufacturers to look for cheaper production options.
    Thus, in the 60s, the outsourcing of a part of production in emerging countries that had the advantage of both cheap raw materials and low labour costs seemed the most convenient way for most big producers.
    Industries such as textiles, footwear, electronics and home appliances, machine building, wood industry through furniture production and many others have seen the huge potential of lohn industrial production. World-renowned brand owners have become engaging buyers and have provided expertise and markets while emerging country manufacturers have integrated the production of goods on demand and absorbed a huge and cheap labour force in their home countries.
    All parties involved were winning. The brand owners had found a way to grow their profits steadily and the manufacturers had the opportunity to gain access to the rich markets and to develop their national economy. However, the advantages came with disadvantages and imbalances. The strong ones became even stronger and those who depended on them had to accept their increasingly restrictive conditions and especially the labour cost policy.
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June 21, 2019, 12:48:07 AM
 #2

       Why lohncontrol.com ?

     lohncontrol.com is a real business project that will build a trading platform called lohncontract.com for processing economy in over 30 industry branches. On this platform, the companies from developed economies will be the buyers and will launch production orders for various consumer goods to the production companies in emerging economies that can produce commodities at competitive prices due to the cheap labor they have and the proximity of raw materials at low prices.

    lohncontract.com will evolve as a complex ecosystem in which besides buyers and manufacturers will be present the suppliers of raw materials, logistics, quality management, industrial process management, legal services and settlement of payments between the parties. The relationship between them will be managed in blockchain through the  lohncontrol smart contract.

    At present, the annual production achieved in lohn globally exceeds 10,000 B $, representing 10% of Gross Domestic Product. The target of lohncontract.com platform for next years is 0,1% from this statistic.
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June 22, 2019, 02:34:51 PM
 #3

      How  the LOHN token price calculation algorithm works ?

      The use of the platform by buyers, as manufacturing order makers is conditional upon the immobilisation in a lohncontrol smart contract of a number of LOHN tokens equal to the amount that it has to pay for the placed order. This means that all the time active request value (AVR) must be covered by LOHN tokens value. If the active requests amount increases, the LOHN tokens that are in a predetermined number will have to cover this value and automatically will increase too. Because the 1B LOHN token to the $ 0.06 ITO value can only cover a $ 60M active request, any $ 60M increase in the value of active requests placed on the platform will cause a proportional increase in the token value LOHN that has to support the platform as a kind of escrow agent.
      This increase, proportional to the platform's use, was determined by a mathematical calculation materialized in a growth algorithm that includes multiple variables such as the availability of LOHN tokens on the free market or their liquidity.

         MkLV = ARV/ATxATL
         where
         MkLV - Market LOHN Value ;
         ARV   - Active Requests Value
         AT      - Available Tokens
         ATL    - Available Tokens Liquidity (%)

         For example if:
         ARV=300 Millions USD
         AT   =600 Millions LOHN tokens
         ATL =40%
         then
         MkLV = ARV/ATxATL=300M/600Mx40%liquidity
        MkLV=1,25USD

       So, the LOHN Token price is always in direct proportion to the market volume of lohncontract.com and growth will be exponential as the project goal is reached and  ROI rate will be in concordance.

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June 23, 2019, 04:13:15 AM
 #4

    Lohncontrol   technology. Proof-of-Tasks for blockchain platforms.

     Lohncontrol project proposes a  new consensus protocol  that builds upon the Proof-of-Tasks by implementing it with Proof-of-Stake mining  architecture of Ethereum smart contracts.

    How does Proof-of-Tasks work?

     In the Proof-of-Tasks blockchain consensus protocol the platform lohncontract.com mine only the template of the blocks. Such a template has two things in them – the header information about tasks and the reward address for the validators.
     The header information inside a block points to a random stakeholder. These stakeholders then validate the pre-mined blocks.
     The more stack a validator holds, the chances of them approving a block increases. Only after the validation, that particular block gets into the blockchain.
     This is how Proof-of-Tasks uses the best of the  consensus algorithm Proof-of-Stake to validate and add a block to the blockchain.
     Moreover, the network pays both: the platform miner, lohncontract.com and the validators the fair share of the transactional fees.
     Thus the system acts against the “tragedy of the commons” and creates a better solution for block validation.
     The impact of the Proof-of-Tasks consensus protocol is similar with Proof-of-Stake : more secured against any attack and  a not power-hungry system.
     The lohncontrol Smart Contract will work through dedicated APIs for each section of the platform.

https://lohncontrol.com/

https://lohncontrol.com/down/light-whitepaper4.1.pdf

https://icobench.com/ico/lohn

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June 24, 2019, 04:34:41 PM
 #5


            TOKEN SALE

            •   Ticker LOHN   
            •   Token type utility  ERC20
            •   Total Tokens 1.000.000.000
            •   Circulating Tokens 1.000.000.000
            •   ITO Token Price
            •   1 LOHN = 0.06 USD
            •   Fundraising Goal:
            •   Min.   100.000.000  LOHN
            •   Max. 400.000.000 LOHN
            •   Whitelist Yes
            •   KYC Yes (over 10.000$ invested)
            •   Min Personal Cap  1 ETH
            •   Accepts: ETH
            •   Can't participate: USA, CANADA, CHINA, SOUTH KOREA, SEYCHELLES
            •   ITO   40%   (Initial Token Offering)
            •   Team 22%
            •   LOHN FOUNDATION 5%
            •   LOHN STOCK 33%
            •   The reserve required to ensure the operation of the platform lohncontract.com.
                Locked in smart contract.

            FUNDS DISTRIBUTION

            Software development    25%
            Platform management    45%
            Marketing strategy         25%
            LOHN Foundation           10%
            Legal  support                 5%

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June 25, 2019, 12:04:04 AM
 #6



          OUR TEAM

          The team is a complex team of people with strong expertise in customer management, logistics, quality management, legal services and frameworks, industrial engineering, payment solutions and financial risk management. It was built on the architecture of the lohncontrol project in the sense that each member of the team covers one section of the trading platform and has the responsibility to manage this section through the acquired experience.
          The team is made up of entrepreneurs with many projects and people accustomed to the rhythm and rigor of multinational work. Each of them has performed in the activities, he/she has developed by acquiring a know-how that made him/her eligible for the lohncontrol team. In the project they will capitalize their own gained experience and will add value to the business services ecosystem that lohncontrol proposes. The team is a great puzzle of expertise and abilities in main or complementary activities of processing economy.

         https://lohncontrol.com/

         https://lohncontrol.com/down/light-whitepaper4.1.pdf

         https://icobench.com/ico/lohn
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June 25, 2019, 11:59:31 PM
 #7




         OUR VISION

         The lohn (processing economy) has been and will be a solution to produce goods at reasonable and high-quality prices through the efficient use of labor and cheap raw materials in emerging economies. It is also a business model that creates economic and social progress across the world bringing together markets with productive resources and capabilities.
         The trading platform developed by the lohncontrol project will create global opportunities for small and medium-sized businesses that are responsible for generating 60% of GDP. It will give them a visibility that they do not have at this time and will encourage the development of direct business between them. This means low manufacturing costs and greater adaptation to market demands. Those who will win at the end of this interaction will be consumers who will get good products at realistic prices.
         The platform will revolutionize the processing economy, over 50 years old, creating a new business model with rigorous management and user friendly experience provided by blockchain technology. The blockchain will introduce a new element in the relationship between the parts of a processing economy (lohn) contract, namely the trustworthy protocol. This trust provided by the lohncontrol smart contract within the trading platform will mean a guarantee of honesty for all parties involved. In this way those who will order consumer goods will have the certainty that they will receive them and its will be made to the quality standards imposed by them and those who will produce them will have the comfort that they will receive the money for their work.
         https://lohncontrol.com/

         https://lohncontrol.com/down/light-whitepaper4.1.pdf

         https://icobench.com/ico/lohn
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June 26, 2019, 11:38:00 PM
 #8



      OUR PRODUCT

       Lohncontrol proposes the lohncontract.com trading platform that will in fact be a business services platform for processing economy. The tergeted users are the small and medium-sized firms worldwide, responsible for 60% of GDP, who will have the opportunity to develop business directly between them, escalating geographical, cultural or linguistic barriers.
      Specifically, a small company from a developed economy will have an organized trading environment and some secure business tools to launch orders for the manufacture of goods according to their own specifications. Its partner may also be a small production company in an emerging economy. The platform will provide a safe and honest environment in which they can develop joint business.
       The platform creates an ecosystem in which buyers and producers will be the main actors in processing economy activities. In addition, other companies will offer complementary services or products: suppliers of raw materials, logistics, quality management, industrial process management, legal services and settlement of payments between the parties.
        Never the small and medium-sized firms around the world have been in a single project with so many working tools to grow their businesses and optimize their profits. lohncontract.com, the business services platform developed by the lohncontrol project, it will be such a place.
         https://lohncontrol.com/

         https://lohncontrol.com/down/light-whitepaper4.1.pdf

         https://icobench.com/ico/lohn

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June 27, 2019, 08:51:18 PM
 #9


          Innovative business model

           I know it's a hermetic project because it works on a business niche, but it deserves the attention as 10% of the global industrial production is the result of Lohn contracts. For example, all your own brand products that you find in hypermarkets are based on such a contract.

          The platform that the project will build and will be called lohncontract.com is addressed to small and medium-sized companies primarily responsible for the global 60% of GDP (Gross Domestic Product) eliminating virtually geographic and cultural barriers. Thus, a small company will have the opportunity to manufacture products with a manufacturer from Vietnam or Bangladesh or from China.

          I'll give you another relevant example: Selling products on Amazon, which represents the business of the moment  on the internet not only in Romania, it involves the identification on one side of some easily marketable products and on the other hand the finding of a manufacturer from China or another emerging economy to manufacture them at a competitive price. Imagine how easy it will be to identify a suitable manufacturer for your products with a platform like lohncontract.com where you launch a fabrication order that is offered by dozens of manufacturers around the world thus obtaining the best price possible.

          https://lohncontrol.com/

          https://icobench.com/ico/lohn


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June 28, 2019, 02:14:39 PM
 #10


         Any ICO launched on the market has a profit expectation from investors that is reflected in the ROI of the project (Return Of Investment).   The Formula MkLV, that is Market LOHN Value is an algorithm that explains the circumstances of the token price increase. LOHN being a utility token is used to access B2B lohncontract.com services in the sense that for any queried bid, a buyer has the obligation to immobilize the transaction's contract to a number of LOHN tokens equal to the amount that must pay for the products requested by the offer.
        This means that the total value of the active demand (ARV-Active Request Value) needs to be covered by the total value of the LOHN tokens in circulation.   The total number of LOHN Tokens is 1B but it counts the available (AT-Available Tokens), ie those that are not blocked by the smart project contract or already engaged in other transactions. The number of tokens available (AT) is also affected by a liquidity factor (ATL-Available Tokens Liquidity) which is expressed as a percentage. The liquidity factor reflects the wishes of the tokens holders to sell the tokens they have.
 
        This is how the algorithm appears: MkLV = ARV/ATxATL

The launch value of $ 0.06 of the 1B token issued is $ 60M. So, through this initial value, 60M USD are covered. If the value of the requests rises to $ 200M then the LOHN token value will climb to $ 0.20 for the value of the tokens to cover the value of the launched bids. That would be the case if the 1B of tokens were available and the liquidity would be 100%.

But if ARV = 200M USD; AT = 400M LOHN; ATL = 50% then the result of the algorithm would look like this:

        MkLV = 200/400x50% = 200/200 = 1USD.

The conclusion is only one: the value of the LOHN token is directly proportional to the value of the platform's bid requests.

        https://lohncontrol.com/

        https://lohncontrol.com/down/Lohncontrol-light-whitepaper.pdf

        https://icobench.com/ico/lohn



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June 29, 2019, 02:08:20 AM
 #11


         The lohn, as a model of economic activity, has more than six decades and will last as much as capitalism. The aim of capitalism is maximizing profit. The main means of achieving this goal is cost optimization and relocation of industrial goods production.Emerging economies just this means: low labor costs and cheap basic raw materials. They produce cheaper in developing countries and they sell expensive in developed economies. Companies are supportive, because lohn production is predominantly the power of powerful firms.
         Lohncontrol project, as developer of B2B platform lohncontract.com, will democratize industrial goods production by creating an ecosystem that will remove geographical, linguistic or economic barriers.
         Blockchain brings innovation into creating this new business model by introducing the Protocol of Trusting by the lohncontrol smart contract. The lohncontrol smart contract guarantees by Proof of Tasks that all parts of a lohn contract will receive payment for the services provided at the time of performing the tasks. It brings exactly what has been lacking so far to the companies thousands of miles from each other to develop business together: TRUST.
         The platform will facilitate direct contact between small and medium-sized businesses around the world, responsible for achieving 60% of Gross Domestic Product (GDP). Clients will benefit from such quality products at decent and very fast rates, as demanded by today's consumption.
 
         https://lohncontrol.com/

         https://lohncontrol.com/down/Lohncontrol-light-whitepaper.pdf

         https://icobench.com/ico/lohn



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June 29, 2019, 06:16:44 PM
 #12

       
           Lohncontrol.com democratizes the production of industrial goods and services.

           Although there are voices claiming that lohn is an economically damaging model for emerging countries, it will resist as long as there is a gap between developed and developing economies, forever. Lohn is based on a cost low production of cheap labor and the proximity of cheap sources of raw materials. These productive capacities are fully occupied and create jobs in difficult economic transition periods. In Romania, for instance, where we developed the MVP project (bursadelohn.ro), textile lohn represented at one point more than 5% of GDP, ie more than 6 billion euros.

           It is rightly said that lohn favors big buyers who launch manufacturing orders. They are in a privileged position as the owner of the brand and although they often have spectacular profits, they pay little for the product's services, especially for small and medium-sized companies. This is because the latter have few options to keep their production capacities at a high level of occupancy that is decisive for survival in circumstances of low prices for their services.

           The lohncontract.com platform is a secure business  for introducing the PoT (Protocol of Trusting) by lohncontrol smart contract through Proof of Tasks. It will provide access to a global market through worldwide quotes from all over the world.
Small and medium-sized manufacturers in emerging countries will have an important tool to control the predictability of production. They will be able to practically plan future production by committing orders in time and more, because of the multitude of opportunities they can choose better prices for their services.

           And the equitable sharing of profits between buyers and manufacturers will be the future of this economic model.
           A future offered by lohncontrol smart contract!
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July 01, 2019, 11:49:43 AM
 #13

     
      What does the unsold LOHN Tokens be distributed PRO RATA?

      PRO RATA or proportional ratio is defined by Wikipedia as: "In proportionality to some factor that can be accurately calculated".

      Referred to lohncontrol project this means that unsold tokens will be distributed freely to those who bought LOHN Tokens during ITO or Presale, proportional to the number of tokens they hold. The distribution will be done using a very simple formula that contains the following variables:
ST-balance tokens; UsT-Unsold tokens; BT-bought tokens; DTpr-Distributed Tokens pro rata
where the formula will be:
 
      DTpr = UsT/ST x BT

      Why tokens unsold during the ITO (Initial Tokens Offering) will not be burned but distributed PRO RATE to those who bought LOHN tokens?
   
      The LOHN Token is a utility token in the sense that it is used to access B2B services from the platform lohncontract.com. As we have highlighted in previous debates, buyers, ie those who launch product orders, have the obligation to immobilize in smart the lohncontrol contract for each transaction a token number equal to the amount that the parties involved in the lohn contract have to pay for the services rendered.
      There are two interconnected reasons why we decided that the tokens unsold to be distributed PRO RATA: first, to reward holders that saw and believed in the potential of the project and the second, mitigating the volatility of the commodity.   
      If the number of tokens in circulation were lower, there would be pressure on the token for liquidity to act on a smaller number of tokens, and the price would increase faster as the value of the queries posted on the platform rose. Although this seems good at first impression it would lead to high price oscillations in sudden liquidity growth situations, such as the release of fixed tokens in contracts and their return to the market.   
      A larger number of tokens in circulation will reduce volatility and will absorb the price oscillation shock by maintaining a smooth evolution in both directions.
      Avoiding such volatility shocks will create predictability and market confidence over the LOHN token.
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July 02, 2019, 11:21:31 AM
 #14

       
         The past and the future of lohn economy.

         The lohn has been present in the world for over 60 years, especially in the textile industry and has worked and operates in the following way; a large fashion company, the owner of a renowned brand, comes with its own materials, accessories and labels to a Romanian manufacturer of confections that manufacture the product according to the technical specifications received. The company that gives the order gets a competitive cost price and the company that executes the order puts its investment in production logistics and the skills of its own employees cashing out a price of negotiated manual labor.
         In recent years the lohn is present very strongly in the IT industry, any outsourcing project being the result of a lohn contract.
         The connection with the blockchain is that all the clauses imposed in the lohn contract are subject to the smart condition of the IF/THEN contracts, i.e. more simply expressed: if you do your job (IF) then you receive your money (THEN). This is basically the reliable protocol that the blockchain brings, no need for a third party to guarantee the transaction between the parties.    All these are briefly highlighted in light-whitepaper just so that the general public can understand the mechanism of a lohn contract by reading only two pages.

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July 02, 2019, 10:41:20 PM
 #15



            ROADMAP LOHN

Q1 2017
Established bursadelohn.ro  a regional hub for the processing economy.
It's our working platform ,also our MVP (minimum viable product) and is the first operational trading platform which precedes lohncontract.com

Q1 2019
Upgrade MVP bursadelohn.ro.
Sketching of the lohncontract.com platform architecture.

Q2 2019
Listing LOHN on ICO platforms.

Q3 2019
Private sale.
100.000.000 LOHN
Discount 50% for early investors.

Q4 2019
ITO
Token price:  0.06 USD
300.000.000 LOHN
Accepts; ETH

Q1 2020
Operational VS 1.0 smart contract lohncontrol.com, blockchain solutions for processing economy.
Building of the lohncontract.com platform architecture.

Q2 2020
Is finished ecosystem between lohncontract.com and lohncontrol.com.
The smart contract lohncontrol governs this ecosystem.

Q3 2020
Branches establishment in Ethiopia and Maroc, UK, France, Spain and Italy
Branches aim to attract local buyers and producers to the platform.

Q4 2020
Branches establishment in Vietnam, Bangladesh, Pakistan, India and Sri Lanka, Australia, South Korea, Japan and South Africa
Branches aim to attract local buyers and producers to the platform.

Q1 2021
Branches establishment in Cuba, Costa Rica and Chile, USA, Canada, Sweden, Denmark and Holland
Branches aim to attract local buyers and producers to the platform.

Q2 2021
lohncontract.com runs 0.1% from world industrial production in lohn. This means 10B USD.
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July 04, 2019, 12:08:28 AM
 #16


       What is MVP bursadelohn.ro ?

       bursadelohn.ro is a B2B platform dedicated to the lohn textile industry in Romania. The idea was developed from concept to reality in 2016 and became fully operational in 2017. It is the only platform of its kind in the world and was developed by a a lohn confectioner who knew the business's subtleties and the things that did not learn at school, that is, me. It works on a market that topped about 6 billion euros and attracted organically about 10% of the active companies in textile lohn in Romania.
       The interest in this platform, which both buyers and manufacturers have seen as a good working tool in future production planning, has led me to think about building a global-scale project. Meeting with blockchain technology introduces in the relationship between the parties a trustworthy protocol, without a third party, revealed to me how to build this global platform and how to finance the implementation of such an extensive project through an ICO.
       This is how the project lohncontrol.com has appeared. It has been a 16-month work to tokenize the concept, build a presentation site for ICO and especially coagulate a team of experts on the future platform's work areas, the team to be able to manage and implement the project both in emerging and developing countries.
        The result was that, from the very first days of listing on icobench.com, we enjoyed a very good rating and more than positive feedback from industry specialists.
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July 05, 2019, 03:47:33 AM
 #17



         What is LOHN STOCK and what is its role?

         LOHN STOCK represents your own token stock of the lohncontract.com platform. The LOHN token is a utility token in the sense that it is used to access the platform services. As we have pointed out in the previous debates, buyers,  those who launch product orders, have the obligation to immobilize in the smart lohncontrol contract of each transactions a token count equal to the amount to be paid by the parties involved in the lohn contract for the services rendered. This obligation provides comfort to all parties involved in a lohn contract because the continued existence of money in the smart contract of each transaction guarantees automatic settlement to fulfill the assumed tasks.
         Until a free market for LOHN tokens is formed and whenever it is needed, LOHN STOCK will play the role of the compensation house on the stock exchange,  it will sell the tokens that are required to access the services platform, then, when the tokens become payable to the other parts of the lohn contract, they will redeem them in exchange for fiat coins, reintroducing them into the internal circuit of the platform. These operations guarantee the continuous operation of the lohncontract.com platform and realize a secure circuit blocked by the trust protocol introduced by the Proof-of-Tasks consensus algorithm.
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July 06, 2019, 03:58:05 AM
 #18



        What is innovative at lohncontrol.com?

        The lohn, as a model of economic activity, has more than six decades and will last as much as capitalism. The ultimate aim of capitalism is maximizing profit. The main means of achieving this goal is cost optimization and relocation of industrial goods production in emerging economies just this means: low cost of labor and cheap basic raw materials. It produces cheap in developing countries and is expensive to sell in developed economies. Companies support, because lohn production is predominantly the value of companies powerful, capable of sustaining large-scale manufacturing orders in business environments often hostile or under-regulated as emerging economies.

        Lohncontrol project, as developer of the B2B lohncontract.com platform and the LOHN token, will democratize industrial goods production by creating an ecosystem that will remove geographical, linguistic or economic barriers.

        Blockchain brings novelty to creating this new business model by introducing by lohncontrol smart contract a new consensus protocol that represents the technological innovation of the project. Proof-of-Tasks, the new consensus protocol, guarantees that all parts of a contract lohn will receive their payment for the services they provided at the time they performed the tasks. It brings exactly what has been missing so far to the companies thousands of miles from each other to develop business together: TRUST.

        The platform will facilitate direct contact between small and medium-sized businesses around the world, responsible for achieving 60% of Gross Domestic Product (GDP). Clients will benefit from such quality products at decent and very fast rates, as demanded by today's consumption.
        I'll give you another relevant example: Selling products on Amazon, which represents the business of the moment  on the internet not only in Romania, it involves the identification on one side of some easily marketable products and on the other hand the finding of a manufacturer from China or another emerging economy to manufacture them at a competitive price. Imagine how easy it will be to identify a suitable manufacturer for your products with a platform like lohncontract.com where you launch a fabrication order that is offered by dozens of manufacturers around the world thus obtaining the best price possible.
        His investment will be secured by the smart lohncontrol contract because LOHN being a utility token is used to access the B2B lohncontract.com platform services in the sense that for any bid request launched, a buyer has the obligation to immobilize the transaction's number of LOHN tokens equal to the amount to be paid for the products requested by the bid. In this way the money involved in the transaction between the parties will always be on the platform, their settlement depending directly on the fulfillment of the tasks assumed in the contract.
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July 07, 2019, 05:39:08 AM
 #19



        What is Smart Contract Rating System ?

         The Smart Contract Rating System is a section of the lohncontract.com ecosystem that continually archives blockchain on the percentage of task fulfillment and market behavior of each party involved in a lohn contract generating a trustworthy rating that will provide a precise orientation in choice of business partners. There will be an uninterrupted concern of each smart contract actor to protect his image and business history through honest and professional conduct as a good qualifier will also bring his expected customers.

         The lohncontract.com trading platform will give small and medium businesses all over the world access to some of the business opportunities currently reserved to major economic players by connecting blockchain niche projects in the production and commercialization of industrial goods projects that exploit the markets' consumption for quality products at competitive prices.

         The platform provides the means, working methods and tools needed for a complex industrial production process in an honest, trustworthy and safe domestic environment for all parties to a lohn contract.

         The lohn, which has the economic backdrop of low labor and raw materials in emerging economies, will be a business solution as long as there are developed and developing countries in the world.
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July 08, 2019, 04:09:33 AM
 #20

   

      The 11 core criteria that reflect the chances of an ICO to get funding outlined by Liko Shkilev. Analyze lohncontrol.com.

      1: show the MVP (product, prototype)
      2: have big marketing budget
      3: go on various events
      4: have agreements with exchanges
      5: show ROI to investors
      6: have max. transparency
      7: have legally protected product
      8: work actively with the community
      9: have a powerful team and advisors
    10: meet investors F2F
    11: have a descriptive WP (with clear financial model).

       1.show the MVP(Minimum Valuable Product)
    We have more than MVP. bursadelohn.ro is a project that has been operating for more than two years, it addresses to the textile industry in Romania and has attracted organically about 10% of the active companies in the industry.
       2. have big marketing budget
   Looking carefully at the first 100 icobench projects over the past 30 days, I have seen what is immediately impacting on the project's publicity. Building a community is crucial because the concept of an ICO is similar to crowdfunding. Gather little from many not much from a few. They give the example of a Romanian project that has recently received a $ 9 million grant. Squeezer had 25,000 followers on the Telegram and managed hard-cap in 10 days - 10.06-20.06.2019.
     A generous marketing budget is clearly a success factor. We are trying through a customized private sale to cover that.
       3.go in various events
    First you build a community, you have a public interested in the project, some potential investors then go to profile events to present and support the project.

      4.have agreements with exchanges
    We have to take things in order. Now the community is important. Then we will also deal with exchanges.
     Discussion of a exchanges is a technical issue of ICO. The last must have for an ICO is IEO ie Initial Exchange Offering. Practical ICO is run through a exchange that ensures, of course, all logistics for the sale of tokens and after sale token is listed.
      5.show ROI to investors (Return On Investment)
   ROI is demonstrated by the costing algorithm and I can say that is spectacular compared to what others have in many pretentious projects. You can find the detailed formula in Light whitepaper and in the whitepaper of the project. Our project has two very strong anchors thanks to which we are quoted among the top 200 projects that count (out of 5500 published):
  a) Price calculation algorithm MkLV=ARV/AT X ATL

  b) The new Proof-of-Tasks consensus protocol, which, if the tests confirm its functionality, will be one of the most innovative breakthroughs in the blockchain this year.
      6.have max. transparency
       I've been following this since the listing and it's an absolute priority. Absolutely all relevant information is published in whitepaper and in T & Cs.
      7.have a legally protected product
       Yes.MVP has reserved copyrights and the lohncontrol project is uploaded to GitHub with a time stamp on the principle of a definite date for the notary.
      8. work actively with the community
       We work hard to explain the project in detail and to build a community that grows organically.
      9.have a powerful team and advisors
       We have an eclectic and very strong team. The expertise of the team mustn’t the blockchain but the ability to build the product: the lohncontract.com platform. We have specialists with real experience in all the sections of the platform: logistics, quality control, risk management, industrial management, payment solutions, business strategy and customer management.
We have two top advisers at this time, Hamza Khan (# 4 in the icobench experts’ hierarchy) and Sean Brizendine a professional blockchain with 7 years experience. There will be others.
     10. meet investors F2F
       We will hold on-the-spot meetings with private investors.

      11. Have a descriptive wp(with clear financiar model)
       We have a whitepaper that explains the project in detail so that those who have not heard before lohn can understand it too. It is a real business project that has an economical model and an extremely explicit product: a business services platform for processing economy or lohn economy.




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