Start : 15th Oct 2019
End : 15th Nov 2019
The team behind the LOL project already owns and runs international kindergartens, primary and second schools (www.wells.ac.th) A business school (www.bsm.ac.th) for the past 20+ years, as well as most recently, added a French Government recognized and internationally accredited university (www.eiu.ac) to their already fascinating portfolio.
The company has been offered to go public on traditional stock market to raise funds to further expand its operations in countries like Myanmar, Guinea (West Africa) and the like. However, being one of the most progressive thinking organizations, the team has instead decided to go public on the blockchain (decentralized) space to allow for the wider participation of the masses, not the classes, in the further growth and development of the company and all of its business divisions .
The LOL concept was borne out of two main reasons:
1. To address the utter failures of about 81 education-blockchain ICOs (projects) during the 2017 hype, that disappeared into thin air even before delivering on their promised outcomes. The LOL project is a direct response to fact that indeed blockchain has a lot of industry- changing applications for education - and that blockchain technology has REAL potential to solving some of the REAL problems that have existed in education for decades, with massive scalability and sustainability features. In other words, some of the problems that exist in education could only be practically and consistently overcome using the blockchain technology. The LOL project embraces and celebrates the beauty of the blockchain technology to solving some of the urgent crises faced in education such as affordability, transferability, and verifiability to establish and run more robust, honest and immutably secure education ecosystem.
2. To empower the masses (wider participation) of the general public to become part of the initiative to innovate education. The LOL project is aimed at the masses, NOT the classes. The team realizes that if they went on the IPO pathway, only large institutions would partake in the innovation of one of the fastest growing industries in the entire world. Traditionally, this is what most companies desire.
|Launch Pad||: Latoken|
|PreICO price||: 0.0700 USD|
|Price in ICO||: 1 LOL = 0.07 USD|
|Restricted areas||: USA CHINA|
|Soft Cap||: 10,000,000 USD|
|Hard Cap||: 42,000,000 USD|
|Distributed in ICO||: 55%|
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