LALA World ('LALA') is a wholesome ecosystem for un unbanked, starting with the migrants and their families back home. The ecosystem not only revolves around financial inclusion, but also bringing together comunities at grassroots level, solving real life issues faced by this population and using most advanced technology to bring everyone together.
The base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to peer infrstructure, LALA aims to revolutionize the way individuals, small businesses and micro entrepneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products.
The keys to LALA's succes is in its experienced team and their global network and partnerships. We believe it is all about execution in the end. With relevant experience running such project, monumental partnerships already in place, great technology team behind us and ground level support, we believe we are blessed to have all come together for LALA.
To accomplish this herculean task, we need partners. We are aware of our migrants network strength, but also at the same time, aware of our weakness. We cannot build everything alone. Therefore, LALA has struck various partnership across Asia, Africa, Middle East and CIS. That eans real cutomers, real people and use cases. A fiat prototype is being tested across user in Malaysia and India. This will provide us with valuable feedback and make the system mare robust. An Ethereum and Hyperledger based domestic and cross borde financial system (LALA Transfer) proof of Concept (PoC) as well as a peer to peer lending paltform (LALA Lends) is being developed by our highly qualified blockchain developers. That should be complite just before LALA Tokens hit the exchanges.
The current financial system is broken for this suppressed population. Several papers, articles and theories have been written on this. It has been a herculean task to bring them into the mainstream. From a controlled and centralised financial system, LALA is truly bringing a whole new ecosystem (financial and grassroots community levels) to eliminated the need for intermediaries which drastically reduces cost and creates efficiencies. Storing transaction on Blockchain eliminates complicated procedures and clearinghouses, saving time, money and the risk of error. The allowances of frictionless savings and invesments gives people more control over their financial destiny. LALA uses Smart Contract embedded into transantion that further simplisy complex procurement, negotiaition and verification processe.
The base of this Ecosystem is the LALA Wallet platform. By creating a whole new peer to peer infrstructure, LALA aims to revolutionize the way individuals, small businesses and micro entrepneurs transact, make domestic and cross border payments, borrow money and associated products like insurances, cards, wealth and other general banking products.
The keys to LALA's succes is in its experienced team and their global network and partnerships. We believe it is all about execution in the end. With relevant experience running such project, monumental partnerships already in place, great technology team behind us and ground level support, we believe we are blessed to have all come together for LALA.
To accomplish this herculean task, we need partners. We are aware of our migrants network strength, but also at the same time, aware of our weakness. We cannot build everything alone. Therefore, LALA has struck various partnership across Asia, Africa, Middle East and CIS. That eans real cutomers, real people and use cases. A fiat prototype is being tested across user in Malaysia and India. This will provide us with valuable feedback and make the system mare robust. An Ethereum and Hyperledger based domestic and cross borde financial system (LALA Transfer) proof of Concept (PoC) as well as a peer to peer lending paltform (LALA Lends) is being developed by our highly qualified blockchain developers. That should be complite just before LALA Tokens hit the exchanges.
The current financial system is broken for this suppressed population. Several papers, articles and theories have been written on this. It has been a herculean task to bring them into the mainstream. From a controlled and centralised financial system, LALA is truly bringing a whole new ecosystem (financial and grassroots community levels) to eliminated the need for intermediaries which drastically reduces cost and creates efficiencies. Storing transaction on Blockchain eliminates complicated procedures and clearinghouses, saving time, money and the risk of error. The allowances of frictionless savings and invesments gives people more control over their financial destiny. LALA uses Smart Contract embedded into transantion that further simplisy complex procurement, negotiaition and verification processe.
The LALA World Ecosystem
- LALA WALLET
LALA Wallet is your single point acces to all financial service in the LALA World ecosystem. You have multiple top up and cash out option, hold fiat or multiple cryptocurrency, with a hist of finanacial service like money transfer, lending, bill payments, cards other normal banking products of your fingertips. LALA Wallet also allows you to share your micro project globally, allows you to raise issues which are suppresing the unbanked and build your own communities, thereby creating a true Ecosystem benefiting everyone. - LALA ID
Premise of your LALA Wallet start by creating a single digital identity that you can carry globally - LALA ID. The team at LALA had a vision - to provide a digital identity to every person on the planet, starting with migrants and their banked families. We are also certain that if we have ta create a truly global ecosystem, then we need a base identification system taht is far superior than existing ID sytem. That should be global in nature, but yet secure, private and available on demand. - LALA TRANSFER
LALA's management team and its partners are on of the most experienced crew who have run payment wallets, money exchanges, remittance and lending businesses for over 10 year in over 15 different counties. On top of solid experience and a great network, we have also built a great crypto offering - "LALA Transfer", for efficient, cheaper and faster remittence services globally. - LALA LENDS
Peer to peer and micro lending has been on a steep rise over the last five years. But if one looks around, its primarily the developed nation and companies who have blossomed into unicorns while the industry has promised to eliminate poverty, offering low-barrier loans to those historically unbanked financially. - LALA CARD
Within the LALA Wallet, user can choose to order a LALA Card, a virtual and/or physical debit (and in time to come credit card). As a security measure, we allow a user to lock and unlock his card through the LALA wallet App. Furthemore, the user can also set limits for his family members and syns all the cards to the same wallet. This makes our system more secure than traditional credit and debit card system. - LALA KIT
LALA has a unique proposition, especially for the unbanked areas where we have already developed a MVP hardwere kit for greater penetration. This will also be sold at local corner store, shops and partner location in the future. - OTHER LALA PRODUTS
We are focussed and the vision of our management is very clear. Therefore we want to start with products and partnerships that we have built with over a decade of experience. We dont claim to know everything and clearly realise our strengths and weakness. Also, there are things that are best left to experts who are good at doing that. Therefore, we believe in stronger partnerships. We are good at creating this ecosystem, working hard, willing to learn but as we expand and grow, we need partner. Please feel free to reach out to us at hello@lalaworld.io if you would like to partner with us.
LALA INITIAL COIN OFFERING
LALA Token is an ERC20 loyalty token, also referred to as utility token, with the funsionalities as described in this whitepaper, The funds raiesed in the initial coin offering ("ICO") will be used further scale the platform, expand in more countries, assitance for local communities to build, invesments in a small LALA fund for migrants, unbanked and hre more people on technology and businesses developments. This is further detailed in next section.
HIGH OF LALA ICO
- 1 ETH will buy 1000 LALA Tokens
- There is a minimum purchase amount of 100 LALA Tokens or 0.1 ETH per purchase.
- Pre-ICO sales period will be from 25 November 2017 at 9 PM (Singapore time) to 15 Desember 2017 at 9 PM (Singapore time). LALA reserves the right to rvise and amend the Pre-ICO sales period at its sole and absolute discretion.
- Feedback & review period will be from 16th to 31th Desember 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).
- US Dollars, 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
MORE DETAILS
Created by : 15persenlucky
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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