Loligo

ICO Security Ecosystem

Loligo  is a platform established to eliminate the risk of investing in ICOs by providing services for ICO Launchers and platforms for investors. This article will provide information about the platforms that will be included, value propositions, problems and solutions offered, business models, token metrics, ICO schedules, teams and my closing statement on ICO parameters.

Collecting funds for blockchain projects through the ICO has become standard for the past 3 years. The total number of bots owned by ICO and funds collected until 2016 to 2018 have increased. In  2016 a  total of  $ 0.095 billion  increased with  43  ICO’s. The total amount raised is  $ 6.2 billion  in  2017  with  371 ICO’s. The amount of funds raised was  $ 18.1 billion  in the first 8 months of  2018  with   ICO’s 739 . Even though we have been through the bear market for the past few months the ICO market is still large and growing every time.

At this point, it is important to show the condition of the project that people have invested during the ICO period. In 2017, 84% of projects were in the phase of ideas, 11% of them were in the prototype stage and only 5% of them were operating. It is clear that you must be lucky with an ICO investment that will succeed.

Problem

It is impossible to guarantee ICO is safe to invest. ICO holders will run away with funds which results in investors losing all their money. There is no platform that offers funding insurance or solutions for funding risk. 
• Called a centralized ICO platform such as Indiegogo does ICO without implementing blockchain. The centralized platform requires the use of third parties who carry their own risks such as; hacking, manipulation, excessive margin, and abuse of power. 
• Ethereum is a P2P ICO platform for blockchain-based projects. However, it is not 100% compatible with the ICO crowdfunding mechanism. It must be fairer, purely dedicated to ICO crowdfunding mechanisms, providing optimal security while maintaining the distribution of simple sales contracts. 
• Hybrid platforms such as KICKICO provide purchase of ICOs based on the ERC-20 Standards-based Smart Contract. Conversely, all tasks such as transaction monitoring and management are carried out through traditional, centralized systems that are complex. 
• There are other platforms in the development phase that are superior to Ethereum like Neo, Cardano and EOS but cannot yet be operated in the ICO market.

Solution

Loligo is a platform specifically established to allow frictionless ICO operations through intelligent contracts that stagger and participants to control the ICO. Loligo Cyclic Contract (LCC) is a smart contract that will issue funds in accordance with the participants’ votes in stages. If the participant gives a negative vote, the project stops and all remaining funds are returned to the investor.

• The factory feature will allow the ICO launcher to edit, check, test and publish ‘LCC on blockchain through interaction with the Dashboard.  
• In addition to the classic features the Dashboard allows users to manage ICO campaigns through the graphic wizard.  
• Market components will include ICOs with their updated ratings and labels. in real time by interacting with the Benchmark feature. 
• The benchmarking tool provides expert verification results and automatic real-time analysis of tests using ICO such as code analysis, unit testing, testing in a simulated environment and load testing.
• Personal cryptocurrency exchange that supports all ICOs launched on platforms that allow token holders to trade their tokens before the official list. Initially BTC, ETH, LTC and ZCL will be supported. 
• Smart Wallet will allow purchases to the ICO and vote for them  
• Loligo offers professional support directly to investors through its’ parent company. This support includes complete support, expertise, auditing or even writing code. 
• Unlike traditional explorers such as Etherscan, Smart Explorer provided will allow investors to monitor the evolution of ICOs and projects in detail along with a general view of their context and country.
• Ethereum relay is another important feature of the platform where in basic terms, it is a component that allows interaction between two blockchain.

Business model

Although Loligo is an open source project, to maintain the code and develop new features to remain competitive on the market, business models have been established. For those who want to launch ICO there are other paid options such as Premium and Advanced, each of which has a different level of security and ergonomics. Each option has limited access and is not limited to various services that can be seen at  https://loligo.co/

Services provided

Launch of ICO

This is a service for companies that want to raise funds through crowdfunding. This service includes providing technical expertise, developing various shipments, scheduling, and campaign promotion.

Professional services

This service is a commercial part of the project that will utilize open and free platform code to get maximum benefits.

GovLink

Because the fundraising method that appears there is no complete regulatory framework applied to the ICO. This is very important to make the process sustainable but only a few governments are investigating ways to implement the legal framework. This service is one of its types and is able to provide various instruments to monitor the financial status of the account and take necessary actions in case fraud is being detected. Some instruments are, declination of suspicion, account management and transaction blocking, tax payments and automatic profits, etc.

Metric Token

Total supply: 150,000,000 LLG (Minable)  
Amount of ICO supply: 16,000,000  
Technology LLG: ERC-20 then Loligo Blockchain (see road map)  
Available for purchase: 11,200,000 LLG  
Currency received: fiat / ETH during private sales. FIAT, ETH, BTC, LTC in 
SoftCap / HardCap general sales  : 0.95M $ / 12M $ Initial value  
: 1 LLG = 0.003 ETH (± 1.07 $)

Token Sales

Refunds  
If Softcap is not reached, all funds collected will be returned to investors.

Roadmap

The project roadmap is rigorous and all milestones will be covered in one year which is good for investors in terms of return on investment.

Team

The core team consists of 9 experienced professionals whose experience varies from technology, entrepreneurship, blockchain technology, IT to ICO and e-commerce. Other team members’ names and details can be found at  https://loligo.co/

Advisor

The advisory board consists of 5 senior professionals who have diverse expertise in Machine Learning, IoT, Computer Vision, Augmented Virtual Reality, AI & Robotics, SEO, VC and Angel Investment, e-Commerce Optimization, Sales, Initial Coin Offers, Crypto Currencies and PPC Marketing, Blockchain Cryptography, Database, Robotics Modeling, Programming, and Big Data. Other names and details of the advisory board members can be found at  https://loligo.co/

Conclusion

Loligo coins (LLG) are tradable coins, of which only 16 million will be pre-mined for ICOs. There will be more than this number so this removes miners to throw pre-mined coins in exchange so that coin devaluation is prevented. Another remarkable advantage of LLG is that this is the same value as Bitcoin. The total LLG coin supply will be 150 million and the amount remains. The scarcity of coins ensures that in the medium and long term returns on investments are guaranteed.

The LLC contract implementation staggered, Loligo will allow investors to vote on ICO Launcher performance. In extreme cases when the voting results are negative, the ICO project will be stopped and funds will be returned to investors. This gives investors back control. This mechanism will force ICO launchers to follow their commitments as stated in the roadmap that makes ICO investments safer than before.

With a collection of experiences generated as a result of an established team, there is no doubt that, the team will reach their targets and provide promised products / milestones along with certain success rates. The team has the skills and expertise needed in terms of technology and its application, so this increases trust to a higher level.

Having people who are dedicated to helping is very important for the purchase process such as the ICO. Professional support provided to investors guarantees a smooth ICO phase that makes the platform attractive to investors.

Smart Explorer is a revolutionary idea that is implemented that helps investors to monitor the condition of the ICO or the current project. This is far better than waiting for community updates provided by or at least need to be given by the ICO team regularly. Bring transparency and help the investor’s decision process to be reliable and healthy when it comes to voting on the ICO.

The benchmarking tool is a unique way to keep investor funds safe by ensuring robustness and performance of written smart contracts. The platform evaluates the ICO simply by utilizing this tool where experts provide recommendations and the ICO is being analyzed continuously and automatically and keeps the ICO score updated. Thus Smart Contract hacks are prevented and ICO robustness is monitored.

The internal exchange provided is another great feature that comes with the platform. This is especially considered for investors to be able to sell their tokens before the official token regarding the exchange. This is a supportive feature for investors where they can monetize tokens if they need funds and a place for miners to sell their coins that are mined.

Ethereum Relay is an open architecture and offers the flexibility to do many innovative applications across networks such as participating in Loligo ICO with an Ethereum account which basically allows for direct access to currency pairs that are available and can be purchased. In addition, it provides interaction with the services that have been distributed to Ethereum from a contract. In addition, this relay allows the migration of Ethereum ICO to the final Loligo chain without the need for snapshot attempts. As you can see there are many innovative placement alternatives provided by this relay.

The services provided by the platform are all unique and make this platform attractive for ICO launchers. The launch of the ICO is a complete service where employers do not need to consider anything related to the process. In fact, professional services will display a platform code that will increase platform fame in all temporary industries, providing funds for the platform to run. GovLink is a revolutionary idea that will help the government to implement regulations on the ICO because of that, one day in the future the implementation of ICO through the Loligo platform will become a whole world without restrictions.

• To find out more. You can connect more with Loligo at the link below:

THANKS FOR READING. 
To find out more about this platform; 
visit the website:  https://loligo.co/
join the telegram group:  https://t.me/LOLIGOico
white link:  https://loligo.co/assets/doc/LOLIGO-EN-V0.68.pdf
My bitcointalk link:  http://bitcointalk.org/index.php?action=profile;u=1070043
Facebook link:  https://www.facebook.com/loligo.co/
Twitter link:  https://twitter.com / Loligo_co

Username: tongkol
Link: https://bitcointalk.org/index.php?action=profile;u=1929500