LALA WORLD

LALA WORLD

LALA World is a decentralized Ecosystem that is design to rectify and solve the problem of the unbanked which includes  all kinds of financial inclusion and it also create room for interaction by bringing communities together and solving the most common problem faced by each of the community using the best technology to bring them together. Its aim and objective is to create a LALA wallet platform which will be a peer2peer infrastructure. This wallet Platform will allow users/participants of small businesses and Micro Entrepreneur have a fair transaction, make payment across the border with a faster server, borrow money and associated products like insurances, cards, wealth and other general banking products.  

The Unbanked; The FDIC’s National Survey of Unbanked and under banked households do not only counts the number Respondents, but also ask them why they don’t have bank account. For the unbanked particularly in the 2015 survey, 57.4% respondent that one of their reason for being unbanked that “they don’t have enough money to keep in the bank”, other  common explanation is a desire for privacy, lack of trust in the banks and excessively high account fees (bank charges). Not only do unbanked household feel financially unable to open bank account, they also have doubts about banks willingness to take them on as customers. When asked about how interested banks are on serving household life there, 55.8% of unbanked participants replied the banks were “not at all interested” Given such skepticism. It isn’t surprising that few unbanked individual make effort to open account – but the benefits are often greater than they realize.  These problem facing the unbanked in 141 countries today, Proof of identity is where it all starts which LALA world has come with the solution by Introducing a digital Currency wallet which has a 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 unbanked families. This Digital identity will help you protect your wallet and make it more secure than you ever imagine.

TEAM

For LALA World goal to be accomplish it has to partner with some team members like Sankalp Shangari,( Founder & CEO), Ranjit Kumar. Chief Revenue O­fficer (Moneypenny), Prakash Somosundaram, (The Strategist), Sergey Petkevich, (Blockchain Specialist) and Han Kyul Park (Advisory) to mention but a few and other will are listed in the whitepaper, who have spend all their time and efforts to build a single global identity system which includes KYC/AML, biometrics, verification, digitization of records, cards, national ID systems etc. This protects your security on blockchain and gives you freedom to conduct various financial services, all in one single Wallet. Primarily, your single LALA ID will be able to consolidate all physical and digital identity into a single secure & private ambient identity, pointing to a secure trusted dataset about the individual, thereby enabling easily individualized interactions in the physical and digital world across multiple vertical applications and compliment existing identity solutions.

Why Join LALA World

Joining LALA world will be of a great privilege, it will create a great opportunity for participant to benefit from. Being a member of LALA Ecosystem you will be able to have a P2P loans inside the LALA Wallet from LALA Community – both in Fiat as well as Crypto, Micro loans, backed by LALA Token investors (and investors are rewarded), Community based projects (for e.g. small solar farm in a remote village) or small retailer loan based on their sales, trade data and invoice all embedded inside LALA ID and one Score – LALA Score. And as a LALA wallet holder you can decide to request for LALA Card which is 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. Furthermore, the user can also set limits for his family members and sync all the cards to the same Wallet. This makes the system more secure than traditional credit and debit card systems. With the view of all this benefit hurry up now and Join the ICO Presale and start enjoying the LALA Ecosystem.

LALA ICO

During the Pre-ICO period from 15th November to 10th December 2017, up to 50% of LALA Tokens (or 125 million LALA) will be issued to finalize the initial version of LALA Wallet by November 2017. The purpose of the Pre-ICO is to create a discussion on issues raised by the project, to attract the attention of leading experts in the industry, and to raise funds to prepare the promotion and public relations of the project, as well as prepare a quality ICO. During the Pre-ICO. The ICO bonus shall be divided into 4 major places which is;

15th to 20th November 2017 +25%

21st to 25^th November 2017 +12.5%

26th to 30^thNovember 2017 +6.25%

1st to 10th December +3.125%

LALA Token

LALA is built as an ERC20 Token on the Ethereum Blockchain.

The Target amount is 150,000 ETH worth of LALA Token which is 1 ETH to 1000 LALA Token, minimum 10 LALA Tokens.

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