The ePlatform will be comprised of the following functions:
Stability is a large goal of LAPO’s and they have an interesting plan for maintaining stability, the Stability Fund. Effectively, the fund will buy or sell LAPO Coins on various exchanges when pre-determined ‘danger points’ are met. This will help in situations such as the classic ‘pump and dump’ that all too often impacts cryptocurrencies. The proceeds from this fund will go to the LAPO Foundation at regular intervals where it will be used to promote digitalization of education through grants and purchases of equipment and software.
LAPO ICO Details
Total Lifetime Supply of Coins: 100 Billion
Pre-mined Coins: 10 Billion
Available for Presale: 3 Billion
Presale Start: May 1, 2018
Presale End: June 1, 2018
ICO Start: June 15, 2018
Presale Soft Cap: 2 Million USD
ICO Soft Cap: 20 Million USD
Price: 1 LAPO Coin (LAX) = .025 USD
There is a presale bonus structure by week:
Presale revenue will be distributed as such:
Each aspect of the LAPO ePlatform seems well thought out and designed to tackle the problem to which it is assigned. This breadth of work is a good sign, as it indicates both an understanding of the challenges that cryptocurrencies face, but also that solving them with a single product may not be the best method. A platform like LAPO would provide for different products to solve the problems as they come up. It also suggests (but does not state) an extensibility to solve new problems as they’re identified, with the creation of new aspects of the ePlatform.
The allocation of half the income from their presale and ICO is also a great sign that they understand their place and how to get the most from their technology. A technology company that doesn’t invest in development isn’t likely to succeed for long. Of course, simply investing in technology isn’t enough for success, but it is a great start.
Overall, this appears to be an interesting opportunity to get in on the early stages of a system that could have tremendous upside as a bridge between crypto and fiat currencies. Creating a usable system for laypersons is critical to the wider adoption of cryptocurrencies and LAPO appears to have a good handle on the requirements for creating such a system. From customer experience at the point of contacts all the way to speed of transactions and the ability to cash out of the crypto ecosystem, LAPO seems to have a platform that will allow non-users to onboard with minimum trouble and keep those who are more timid or risk-averse engaged in the ecosystem, where otherwise they might not even join.
The vision likely doesn’t requires every person on the planet to be able to use these applications smoothly, but it likely does require the average soccer-mom or lacrosse-dad to be able to use cryptocurrencies in their day-to-day interactions. Whether that’s shopping for household goods or buying a new car, LAPO offers a compelling argument that it should be the platform used to make those purchases.
