INTRODUCTION

Loligo is a progressive stage that guarantees the smooth activity of ICOs through creative amazed contracts and under the control of the members. Loligo permits both network and concentrated methodologies while receiving the most rewards. Practically speaking, it's a digital currency in view of an open and open-source blockchain, kept running by an organization that fills in as a lawful representative.LOLIGO is the most secure and most developed ICO crowdfunding stage.

ICOs can be achieved through direct sales. This process is mainly based on the confidence participants have in the company that is leading the project. The purchased tokens generally are not within any blockchain; they are simply located in the database of the ICO launcher. This approach is used less and less, thanks to the advent of smart
contracts.

The smart contracts are used to define and hard code the agreement between the launcher of an ICO and the participants, without relaying a trusted third party. Unfortunately, these do not meet any quality or coding standards. Indeed, these contracts are performed in a blockchain element far from the control of any person or entity, which makes them very vulnerable to attack. On June 17th, 2017, a hacker was able to divert the equivalent of $50 million by exploiting a flaw in a poorly written Ethereum smart contract. It even happens that these contracts refer to hidden type clauses "Transactions using the token can be disabled by the team at any time," or, "The team can issue new tokens at any time," or even "The team can DESTROY tokens at anytime."

Once started, the project is obviously not immune to a loss of confidence due to uselessness or more relevant competition. An unscheduled stop can also occur due to various reasons such as an internal conflict or mismanagement, or even an unexpected political decision.

Contrary to current ICO platforms, Loligo offers a complete and unique technical and legal solution to all the problems and risks to fundraising campaigns.

ABOUT THE PLATFORM

Loligo is a revolutionary platform that ensures the smooth operation of ICOs through innovative staggered contracts and under the control of the participants. Loligo allows both community and centralized approaches while reaping the most benefits. In practice, it's a cryptocurrency based on a public and open-source blockchain, run by a company that serves as a legal representative.

Problem

It is impossible to guarantee an ICO to be safe to invest. ICO holder would escape with the funds resulting in investors to lose all their money. There is no platform exist which offers funding insurance or a solution for funding risk.
• So called centralized ICO platforms such as Indiegogo conducts the ICO without implementing a blockchain. Centralized platforms necessitate the utilization of a third party which brings its’ own risks such as; hacking, manipulation, excessive margins and abuses of power.
• Ethereum is the P2P ICO platform of choice for blockchain based projects. However, it is not 100% compatible with the ICO crowdfunding mechanism. It needs to be fairer, purely dedicated to ICO crowdfunding mechanism, providing the optimum security while keeping sale contract deployment simple.
• Hybrid platforms such as KICKICO provides ICO purchases based on ERC-20 standard based Smart Contracts. On the contrary, all the duties such as monitoring and transaction management is conducted via traditional centralized systems which are complex.
• There are other platforms in development phase which are superior to Ethereum such as Neo, Cardano and EOS but yet to be operable in ICO market.

Solution

Loligo is a platform established specifically to enable ICO operation frictionless via staggered smart contracts and participants to control the ICO. Loligo Cyclic Contract (LCC) is the smart contract which will release funds according to the votes of participants in phases. If the participants votes negatively, then project stops and all the remaining funds are returned to investors.

The platform also have the following qualities:

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.

Functions of Loligo

Mineable
A minimum value proportional to the energy expended is guaranteed.
Store of value
LOLIGO represents a real digital storage medium, just like gold, silver or bitcoin.
Limited supply
The scarcity of the token guarantees a return on investment
Deflationist
The emission of LOLIGO decreases with increasing difficulty that adapts to global hashrate.
Security driven governance
LOLIGO Blockchain governance is only related to performance and fault management.
Fair
LOLIGO is the only Blockchain imposing a balanced crowdfunding relationship.
Decentralized
LOLIGO is not influenced by any entity or organization.
Dedicated network
Unlike other currencies, LOLIGO Blockchain is dedicated exclusively to the launch of ICOs.
No extra premined
LOLIGO is premining only the tokens sold during the ICO.

Loligo Platform Goals

Factory
Allows the ICO launcher to edit, check, test and publish its LCC contract on the blockchain.
Dashboard
An online service to manage ICO campaign through an intuitive graphical wizard while offering the classic features of the dashboard and much more
Market
This component lists ICOs and associated labels and allow direct token purchase.
Benchmark
All ICOs are verified by our experts and through automated real-time analysis, results are available in the benchmark tool.
Exchange
This is a private cryptocurrency exchange that supports all ICOs launched via the LOLIGO platform.
Smart Wallet
Allows the purchase and storage of LOLIGO tokens, participation in different ICOs, portfolio monitoring, and voting for or against current projects.

Roadmap

Project Team

Advisors

Token Details

Total ICO supply: 16M.
Technology: ERC-20 then Loligo Blockchain (see roadmap).
Available for purchase: 11.2M.
Accepted currency: FIAT/ETH during private sale. FIAT, ETH, BTC, LTC in public sale.
SoftCap / HardCap: 0.95M$ / 12M$.
Initial rate: 1 LLG=0.003 ETH (±1.07$).

Token Allocation