The financial services enjoyed by individuals, communities, governments and NGOs around the world are numerous. Such financial services such as banking services include credit cards and loans and etc. But of the many financial services that have not been able to mencover all types of elements of society such as migrants and their unbted families. This indicates that there is still a potential that can be achieved to cover all elements of society without exception. One of the most brilliant new breakthroughs is LALA World.
LALA World
LALA World ("LALA") is an ecosystem capable of accommodating all elements of society, starting with the migrants and their families back home. In this ecosystem not only provide financial services but also provide other services such as solving life problems faced by this population using the most advanced technology that involves all elements of society.
The base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to peer infrastructure, LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products. Employment issues, digital IDs, community builds, government and NGO partnerships, health issues, and of course, new financial ecosystems for huge populations by utilizing the Blockchain revolution to bridge the gap between cash, digital and the crypto world.
LALA World Services
1. LALA WALLET
LALA Wallet is your only access to all financial services contained in the LALA World ecosystem. You can enjoy services like tansfer money, loans, bill payments, cards and other normal banking products. In addition you can also build your own community by raising issue issues that depress people who do not have a reputation, so you can create a true ecosystem of mutual benefit.
Central to this Wallet platform will be our LALA Tokens that will allow seamless transfers and payments for various transactions and services. LALA Wallet also includes an API for third-party developers so they can interact with the Wallet, access balances, send transactions, invoices, and build other third-party applications on top. This will further enhance the LALA Wallet acceptability and usage. Third Party API business model will create more partners who can distribute LALA Services globally to strengthen this network. The user can conveniently convert a wide range of Blockchain assets such as LALA, BTC, ETH and DASH by simply using his LALA Wallet which has an inbuilt exchange mechanism. The more you use your LALA Wallet for various financial activities, the more you are rewarded economically.
2. LALA ID – One Global ID, on Blockchain and under your control
LALA ID is your digital identity created by you and is accessible only to you in Lala Wallet. The purpose of Lala ID is to provide digital identity to everyone without exception. Because the ordinary residents of migrants and unfit families are often excluded from basic rights such as property ownership, banking accounts and social protection simply because they do not have clear identity documents. With Lala ID all those people will have an identity.
3. LALA TRANSFER
LALA TRANSFER is a more efficient, cheaper, and faster money transfer service globally in the Lala World ecosystem. Lala Transfer can be used using Lala Wallet. Log in with your Lala ID then send Lala Token to other users, partners, money transfer agents / operators between communities within the country and across borders.
4. LALA LENDS
LALA LENDS is a loan service within Lala World addressed to individuals and small and medium businesses with the following bids- Micro loans, supported by LALA Token investors (and investors are rewarded). We also work with some major government funds and partnerships to provide us with the underwriting capability to fund multiple loans
- P2P Loans in Wallet LALA from Community LALA - both in Fiat and Crypto
- Community-based projects (eg eg small solar farms in remote villages) or small reseller loans based on their sales, trade and invoice data embedded in LALA ID and one LALA score.
5. LALA CARD
Lala Card is a card contained in Lala Wallet can be physical if user order this Lala card. Lala Card allows users to lock and open Lala World services through the Lala Wallet App. Furthermore, the user can also set restrictions for his family members and sync all the cards to the same Wallet. By using Lala Card for your financial activities then you will be increasingly appreciated as a holder of LALA Token
6. LALA KIT
LALA has a unique proposition, especially for the unbanked areas where we have already developed a MVP hardware Kit for greater penetration. This will also be sold at at local corner stores, shops and partner locations in the future.Those are some of Lala World's services that you can enjoy.
LALA Token
LALA Token is an ERC20 loyalty token, also referred to as utility token, with the functionalities as described in Whitepaper. The funds raised in the initial coin offering ("ICO") will be used to further scale the platform, expand in more countries, assistance for local communities to build, investments in a small LALA Fund for the migrants, unbanked and hire more people on technology and business development.We would like to highlight that LALA Token does not constitute a security in any form in any jurisdictions, and this Whitepaper is not a solicitation of investment and does not relate to any form of an offering of securities in any jurisdiction.
Please read the Important Notice at the end of Whitepaper for further clarifications.
- 1 ETH will buy 10,000 LALA Tokens.
- There is a minimum purchase amount of 100 LALA Tokens or 0.01ETH per purchase.
- Pre-ICO sales period will be from 25 November 2017 at 9 PM (Singapore time) to 15 December 2017 at 9 PM (Singapore time). LALA reserves the right to revise and amend the Pre-ICO sales period at its sole and absolute discretion.
- Feedback & review period will be from 16th to 31st December 2017. This will include feedback, implementation, launches in a few countries, numerous partnerships, testing and other significant news in various countries
- ICO sales period will be from 5 of January 2018 at 9 PM (Singapore time) to 5 February 2018 at 9 PM (Singapore time).
- Ether, BTC, and other cryptocurrencies as determined by LALA can be used to purchase LALA Tokens. Further details can be found at www.lalaworld.io
Distribution of the Total Tokens Created will be as follows:
- 60% of the Total Tokens Created will be sold during the pre-ICO and the ICO period.
- 15% of Total Tokens Created will be allocated to LALA founders, early investors, technology teams, existing and future employees of LALA, and held in a pro-rata lock-in contract for at least 6 months
- 10% of Total Tokens Created during the ICO will be granted to advisors, consultants, community developers and will be locked in a pro-rata smart contract for 6 months, unless specifically agreed beforehand.
- 15% of the Total Tokens Created will be credited to the reserve. This reserve may be used for future token sale or other purposes as LALA in its sole and absolute discretion may determine
ROADMAP
- Stage 1. We are launching a basic version of LALA Wallet in Malaysia and India by first week of November. An initial POC with two products will be released by November as well, just in time for this Pre-ICO. The System will be working on Ethereum Testnet blockchain with real user data. This will help us prepare smart contracts and get feedback from the community, real users and make sure that this solution is viable.
- Stage 2. LALA Alpha platform will be deployed on Ethereum Mainnet blockchain. Client onboarding via LALA ID, feedback gathering and improvement. Preparation for beta. This should happen by January 2018 in India, Malaysia, Bangladesh, Vietnam, Turkey & UAE.
- Stage 3. A full working product will be ready by February 2018 with a fully functioning backend server with telematics integrations for real customer data gathering and prediction. This will include a Fiat Wallet, Cross border remittance and P2P lending to begin with.
- Stage 4. LALA Beta. Fully functioning platform with key features in place to be released by March 2018 and open to selected group of geographies and customers. We are looking at over 10 Countries right now as depicted on the partnership page.
- Stage 5. LALA 1.0. Opening system for public usage and enabling massive adoption across geographies will happen by April 2018
- Stage 6. Further development to increase amount of transactions usability and throughput of the platform.
LALA GLOBAL PARTNERSHIPS
Team
Advisors
For more information about LALA World, you can visit links below :
========================================================================
Website - Whitepaper - ANN Thread - Twitter - Facebook - Instagram - Telegram - Medium
========================================================================
Author :
Username Bitcointalk : Arifandi
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1566717
ETH Address : 0x8d05B599687942Ed4EC008a95EEAa9565B738924