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1.0 ETH
Platform Software Finance Others Financial Service

LaLa World

Ended
Ended: Feb 5, 2018

LALA World (“LALA”) is all about migrants and their unbanked families. Its an ECOSYSTEM enabled by the LALA Wallet as a PLATFORM, a single sign on platform revolving around their issues and problems. Employment issues, digital ID’s, communities build up, government and NGO partnerships, health issues, and of course, a new financial ecosystem for the huge underbanked population by capitalizing the Blockchain revolution to bridge the gap between cash, digital and the crypto world. By creating a whole new peer to peer ecosystem, LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make payments, borrow money and associated products like insurances, domestic and cross border remittances, cards and other general banking products.

An Ecosystem for migrants and their unbanked families. LaLa is a new age one-stop Wallet based on ethereum and hyperledger blockchains allowing investors to capitalise on the rise of blockchain as well as the underbanked into the financial ecosystem.

LaLa World is a financial services ecosystem for the underbanked build using ethereum and hyperledger blockchains. LaLa World offers services such as remittance, lending, card, bill pay, insurance etc on its ecosystem.

Gearing Towards Decentralised Financial Ecosystem

LaLa means being happy and that is truly what we want to achieve – financial freedom, financial happiness, and financial accessibility to over 2 billion underbanked and underserved.The unbanked and underserved population in emerging and frontier markets, including numerous small businesses and micro entrepreneurs do not have access to even basic banking services.

A crypto-payment system for migrants and their families

An Ecosystem for migrants and their unbanked families

Website

lalaworld.io

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ICO Details

Ticker Symbol:
LALA
Platform
Ethereum (ERC20)
Accepts:
ETH, BTC, LTC, Fiat, USD
Soft Cap:
3,000 ETH
Hard Cap:
15,000 ETH or 150,000 ETH
Country:
Singapore
KYC:
face
Restrictions:
China, USA
Total supply
250,000,000 LALA

Public Crowdsale

Ended
Date Sale:
Jan 5, 2018 — Feb 5, 2018 @ 31 days
Price:
1 LALA = 0.89 USD (0.001 ETH)

ICO Overview

LALA World (“LALA”) is all about migrants and their unbanked families. Its an ECOSYSTEM enabled by the LALA Wallet as a PLATFORM, a single sign on platform revolving around their issues and problems. Employment issues, digital ID’s, communities build up, government and NGO partnerships, health issues, and of course, a new financial ecosystem for the huge underbanked population by capitalizing the Blockchain revolution to bridge the gap between cash, digital and the crypto world. By creating a whole new peer to peer ecosystem, LALA aims to revolutionize the way individuals, small businesses and micro entrepreneurs transact, make payments, borrow money and associated products like insurances, domestic and cross border remittances, cards and other general banking products.

About LaLa World LALA World (“LALA”) is an ecosystem of financial products, communities and technology for the underbanked. 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. The key to LALA World success is its teams decades of relevant experience in such business as well as its state of the art technology. LALA has already struck various partnerships across Asia, Africa, Middle East and CIS. That means real customers, real people and use cases. A prototype PoC is being tested across users in beta stage to get feedback and make the system more robust. LALA eliminates the need for intermediaries which drastically reduces settlement time and creates efficiencies. Storing transactions on Blockchain eliminates complicated procedures and clearinghouses, saving time, money and the risk of error. The allowance of frictionless savings and investment gives people more control over their financial destiny. LALA uses Smart Contracts embedded into transactions that further simplify complex procurement, negotiation and verification processes.

The commissions and fees charged by the intermediaries for the financial services averages around 7-10%. Using blockchain, we can reduce this substantially by cutting down all the intermediaries for these services and reducing the commission to around 2%. This facilitates financial services for the underbanked and underserved who are deprived of basic financial services.

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Team

Ravi Pandit
Head of Remittances
Han Kyul Park
X BosCoin, Blockchain Enterpreneur
Cheng Wei Ng
Legal and compliance
Nitin Bhatia
Head of Strategic Partnership
Kanat Tulbassiyev
Technology
Sankalp Shangari
Founder & CEO
Ari Paul
Co-Founder of BlockTower Capital, Angel Investor
Thomas Mcalister
Blockchain Magician, BanKoin Reserve Several Patent
Ranjit Kumar
Chief Revenue Officer
Ajay Bhatia
Chairman, Learning Largest Wings Remittance Network
Luke Sully
Hyperledger, Blockchain Expert
Dato’ Rathakrishnan
Managing Director of Bestinet Sdn Bhd
Vivek Kumar Tripathi
AVP Technology
Juri Kopotko
Chief Technology Officer
Sergey Petkevich
Technology
Prakash Somosundram
Serial Entrepreneur, Fintech Influencer, SG Gov Adviser
Susheel Pathania
COO
David Drake
Chairman of LDJ Capital, Drake Hospitality Group
Dato’ Sri Mohd Amin Abdul Nor
Founder and Chairman of Bestinet Sdn Bhd

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