All about Cryptocoins: LALA World as the gateway to financial happiness in the future

Before I discuss the main topic, First I will tell you about investment and financial.

What is Investment ?

Based on economic theory, investment means the purchase (and production) of capital goods that are not consumed but used for future production (production goods). For example, building a railroad or factory. Investment is a component of GDP by formula PDB = C + I + G + ( X - M ). The investment function in that aspect is divided into non-residential investment (such as factory and machinery) and residential investment (new house). Investment is a function of income and interest rate, seen with the relation I = (Y, i). An increase in income will encourage greater investment, where higher interest rates will lower interest for investment as it will be more expensive than borrowing money. Although if another company chooses to use its own funds for investment, the interest rate represents an opportunity cost of investing the fund rather than lending to get interest.

What is financially ?

Financial notions include aspects such as financial science and other assets, the management or management of those assets, and how to calculate and manage project risks. Finance means learning the ability of individuals, businesses, and organizations to manage, improve, allocate, also use monetary resources over time and calculate risks and determine prospects. Financially can also mean the administration that manages the cash outflow business in institutions or institutions. Financially dependent on good management, controlled, and accountable to all related parties. In essence, finance can be interpreted as all aspects related to money. Financially also means everything that also includes the turnaround and management of money, in short.

About LALA World

LALA World ("LALA") is about migrants and their unfit families. Its ECOSYSTEM is enabled by Wallet LALA as PLATFORM, a flag on the platform that revolves around their problems and problems. Employment issues, digital IDs, community builds, government partnerships and NGOs, 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.

By creating a new peer to peer ecosystem, LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs make transactions, make payments, borrow money and related products such as insurance, domestic and cross border remittances, cards and other common banking products.

This platform connects assets and businesses with blockchains to the real world in a decentralized way. Developers can develop intelligent security contract modules, businesses can connect users and their computers to real-world payments.

Lala Wallet

Wallet LALA is your only access to all financial services in the LALA World ecosystem. You have a choice of top up and cash out, holding a fiat or multiple crypto emergency, with a number of financial services such as money transfers, loans, bill payments, cards and other normal banking products at your fingertips. LALA's wallet also allows you to share your micro projects globally, enabling you to raise issues that can not be denied and build your own community, thus creating the right Ecosystem to benefit everyone.

When you download for the first time, one of the safest multi-currency wallets is created automatically, where users can fund with fiat or cryptocurrencies. We also work with banks and payment processors among geographers to improve global acceptance.

The core of this Wallet platform is LALA Tokens that allows unlimited transfers and payments for various transactions and services. The LALA Wallet also includes APIs for third-party developers so they can interact with Wallets, access balances, send transactions, invoices and other third-party apps above. This will continue to improve LALA Wallet's capabilities and usage. Third Party API business models will create more partners who can distribute LALA Services globally to strengthen this network.

Users can easily change various Blockchain assets such as LALA, BTC, ET, LTC and DASH using only LALA Wallet which has an inbuilt exchange mechanism. If users do not understand crypto, they can also choose to keep their local Fiat naked and not at all using crypto, giving users maximum freedom and actually bridging the old world into a new one.

The more you use your LALA Wallet, the more you are rewarded economically, not only with cheaper deals, but also through LALA Tokens for activities such as remittances, increasing user balances, or cashing in other users' balances in other accounts that expire, products and other LALA referral services as described below.

Lala Card

In LALA Wallet, users can choose to order LALA cards, virtual and / or physical debits (and in time for credit cards). As a security measure, we allow users to lock and unlock the card 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. This makes our system more secure than traditional credit and debit card systems.

Blockchain and LALA Tokens become very central because users can sync multiple cards to the same Wallet LALA, which can then be used as Fiat and Crypto exchange medium without incurring high costs for such transfers at any time. Furthermore, we will also come with a loyalty mechanism associated with the LALA Card, so the more you use the Wallet, the more you are rewarded as the holder of LALA Token.

Not just the cost, much cheaper than the traditional Wallet, but also the rewards of a big salary, which is almost nil when used globally. Customers will be allowed to recharge their LALA Card with ETH / BTC / LALA Token, bank transfer, credit card, debit card or via previously approved credit limit Other third-party partners such as Apple Pay, Samsung Pay and Android Pay will be integrated in the future.

Offering Coin Lala Initial

LALA is the ERC20 Loyalty Token, also referred to as the utility Token. We want to highlight that this Token does not represent the company's equity or its intrinsic rights. Please read Important Notice in the end for clarity and other requirements. Funds raised at ICO will be used for further platform scale, growing in more countries, helping to build local communities, investing small LALA funds for migrant grants, unbound and hiring more people for technology and business development. This is further elaborated in the next section.

Overview of ICA Lala

1 ET will buy 1000 Token LALA
LALA intends to collect 150,000 ETHER
The pre-ICO sales period will take place from 15 November 9 PM (SGT), Singapore time to 10-9 December (SGT), Singapore time. This includes retail and institutional participation, including Pre-ICO Bonus.
The Response & Review Period will run from December 11 to 31, 2017. It includes feedback, implementation, launch in several countries, many partnerships, PoC, testing and other important news in various countries.
LALA Metal Offer Offer ("ICO") will start on 5 January 2018, 9:00 (SGT) Singapore Time and end on 5 February 2018, 9:00 (SGT).
Ether, BTC, LTC and other cryptocurrencies can be donated and converted into LALA Token.

Creation of Lala TOkens, Reserves and Breakdown

LALA intends to accumulate 150,000 ETH for further development, development and other growth activities. That is a total of 150 million LALA Tokens to be shared with these investors. LALA will create a further 100 million LALA Tokens during this ICO with a total of 250 million LALA Tokens ("Number of Tokens Made"). Distribution of Token is as follows :

60% of Total Tokens Created will be distributed at ICO Crowdsale.
15% Total Tokens Created during ICO will be allocated to LALA founders, previous investors, technology teams, existing and upcoming Token employees locked in a pro-rated smart contract for a minimum of 6 months.
10% of Total Tokens Created during ICO will be provided to consultants, consultants, community developers and will be locked in a pro-rated smart contract for 6 months, unless specifically approved.
15% of LALA's supply will be credited to the reserve, but not issued. This will be available as a mechanism to sell additional tokens, but may never be issued, depending on future circumstances.
In addition, LALA World will buy back LALA in exchange and open market 20% NET transaction fee from LALA Wallet. LALA repurchased will be used for community development, referrals and other social causes to reward investors and users.