Re: 🚀 LOLIGO - World’s 1st ICO Safety Ecosystem

You mentioned voting for projects on Loligo platform.For what exactly we gonna vote?

Hi PujuTravala

Invesors will vote to decide if the Blockchain releases the scheduled fund part for the ICO founder
Or to cancel The project seed, and get back the unspent investment

Thank you

So basicaly this will be like when teams don't reach soft cap and project gets cancelled so they return the funds to investors?

Hi KureBabino
No,
the vote is used once the fundraise is finished.
this allow investors to keep control on the project. and save their money from bad projects.

Thank you

So for example,if ICO founder wants to spend money on lets say new exchange,investors will vote about it?Is that how its going to work?