2local
Development - 20000000
Incentives - 20000000
Stablecoin Reserve - 109000000
About 2local
We dream of a better future and try to manifest it. Our dream is devoid of inequality, injustice, and malnutrition, and is built on the sustainable use of natural resources. We want to give every individual a place in a new global economy of the future, one that is more local, less hectic and overall happier. We will not strive for more, but for better.
Features
Consumers engage with connected companies through the new L2L-stablecoin and receive a cashback for local and sustainable purchases. This approach allows us to spark a movement centered on smaller-scale, sustainable and locally produced and distributed goods and services. The cashback mechanism makes subsequent local and sustainable purchases easier. This eradicates global poverty and hunger and solves environmental and climate problems, contributing to global sustainability and prosperity.
Our approach
We work towards a society that acknowledges the cultural differences between people. Only Euro 2,50 is required to participate, inviting a range of people to engage with each other and their local societies. This ensures a more diverse involvement and makes the system accessible to everyone.
Technical Info
Through the sale of L2L tokens, proceeds
become available and are stored in a deposit
in the form of one or more other
stablecoins. In addition, an L2L token is
placed in reserve for every L2L token sold.
No value is extracted from the L2L token.
Application of an algorithm ensures that the
L2L token is, and remains, a stablecoin. The
rate of the ‘algorithm-backed stablecoin’ is
kept the same as the rate of the dollar,
adjusted for inflation, via the Consumer
Price Index (CPI). An excessively rising rate is
corrected by selling L2L tokens and an
excessively falling rate is corrected by
purchasing L2L tokens.
Profit in the system is distributed via the
cashback system to the participants of
2local.
2local Roadmap
-
2019 3rd Quarter
-
Pre-sale and Main sale of the ICO starts
-
2019 4th Quarter
-
Setting up SMS payments for ICO both for iOS and android
-
2020 1st Quarter
-
Token development
-
2020 2nd Quarter
-
Algorithm development
-
2020 3rd and 4th Quarter
-
Android and iOS app development
-
2021 1st Quarter
-
Auditing
-
2021 2nd Quarter
-
Testing phase begins
-
2021 3rd Quarter
-
More auditing
-
2021 4th Quarter
-
The launch of L2L
2local Team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
2local Last News
- Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
- This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
- If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.