Januari 07, 2018
Hello everyone, today I will describing a project called Lalaworld. First of all, I would like to share my experience of receiving money transfers from relatives working abroad. I used Western Union for Money transfer transactions. the problems I experienced from the Western Union service is the length of time the transfers and the high fees that are issued. but after I looked at a project, I thought maybe this could solve the problem I had experienced before. And maybe this is also waiting for by workers who are abroad or the immigrants. The existence of this project will help the immigrants who work abroad . If we look at the facts that exist today, it is likely this project will be successful later. So if you are interested in this project, read my article first.

LalaWorld is an ecosystem built on blockchain technology for immigrant workers with foreign families residing in their unbanked country. The LalaWorld platform will enable faster, safer, cheaper, more cost-efficient countrywide delivery and receiving, and is available in downloadable Android App features for Android and iOS.

We have known so far the cost of shipping and receiving money between countries is very high, even up to 5% -15%, can be imagined if we send money of $ 1000 then the cost of remittance to $ 100. And surely we think this is a high cost. And so far the only one who gains benefits are from the remittance service such as Western Union and Money Gram, and of course this is detrimental to sender and also receiver. From here Lala World is present to connect people who are unbanked with his family in countries around the world with Lala World's flagship products. Lala World will create a token utility that will be used to support the ecosystem in it, such as this token is used as reward program, for lending feature and others. The main objective of the Lalaword Project is to become like a bank for people who are unbanked to get better financial services especially in terms of sending and receiving money between countries at a cheaper cost and faster time. LalaWorld's products will help over 2 billion people in an unbanked world / people who are away from financial services and do not have access to banks and help people who do not have a national ID especially those in poor countries such as countries which exist in Asia and Africa.
Features featured on the Lalaworld Platform.
  • Lala Wallet
wallet for all financial services on the Lala World ecosystem. You will be presented with some refill and cash options, fiat finances and some crypto currencies.

  • Lala ID
Your Lala Wallet will be usable if you already have a digital identity in our community, this is Lala ID. The purpose of LalaWord Creating Lala ID is to provide a digital identity for unbanked and immigrants.

  • Lala Transfer
This product is to support a more solid experience with better network. Lala Transfer will be more efficient and cheaper and faster in terms of global payments. Because it uses Blockchain technology.

  • Lala Lends
You can apply for Micro loans, funds that will be supported by investors, and They also work with governments to provide loan funding capabilities.

  • Lala Card
If you already have a Lala Wallet, then you can also order Lala Card, a virtual and physical debit card.


  • Lala Kit
Lala Kit can be for everyone. Micro businesses, wholesale stores, unbanked or immigrants, can buy Lala Kit at nearby stores and directly connect with the financial system directly. Without bank integration, without filling out forms and no queues, just simply enable the ID and sync with your smartphone.



The advantages of the LalaWorld Platform versus existing Platforms are
  1. Fast
    With blockchain, transactions between countries become faster because they do not go through the confusing procedure.
  2. Safe
    Safe is a plus on the LalaWorld platform. Blockchain is known as a technology that can not be manipulated, making it the most secure technology today.
  3. Simple
    we do not need to write or go to remittance, just by using the Application on Smartphone you can directly send money abroad on the spot.


How the Lalaworld Platform Works.
Perhaps you are thinking about how someone who is abroad sends money to his/her family in his/her home country. I will explain in outline below.

First call him John want to send money to his sister named Tara, who is in Indonesia using LalaWorld Platform. The first thing to do, is John exchange or buy Token LALA with fiat Money he has. After John has got LALA token he can directly Transfer it to LALA Wallet owned by Tara. No need to wait long for the LALA token to be received by Tara's LALA Wallet. Finally Tara must redeem LALA token in her LALA Wallet into Fiat money. Compared with other existing Platforms the LalaWorld Platform works very easy.


Token LALA
LALA token is a token of loyalty ERC20, also referred to as a utility token, with functionality as described in their Whitepaper. LALA token is made With Smartcontract Ethereum ERC20. LalaWorld will hold token sales to collect funding for the purpose of running the platform as well as for their Future Platform Development. If you are interested in buying their tokens you can read their ICO details below.


Detail of Lala World ICO. 
  • ICO START : Presale: November 25, 2017 - December 15, 2017, 
  • ICO Utama : January 5, 2018 - February 5, 2018
  • Visit their website for more information https://lalaworld.io/
  • TOKEN NAME : Lala World
  • SYMBOL : LALA
  • PRICE : 1 ETH = 1,000 LALA
  • PURCHASE : ETH, BTC, USD.
  • TOTAL SUPPLY : 250,000,000 Token
  • TYPE TOKEN : ERC20
  • MINIMUM PURCHASE : 0.1 ETH



Benefits for LALA token Holders
if you look at the fact that the token holders of LALA will get a very high profit, due to the large number of requests. The LALA Token will become a Utility token and may be traded on Market Exchangers.


Conclusion
The Lalaworld Platform can address the high cost of transfers between countries. Lalaworld Market Target is the Immigrants or workers who will send money to their family in their home country. Lalaworld's main goal is to connect people unbanked with better banking services. Looking at the business opportunity, I would suggest you buy the LALA token because more than 10% of the people in this world are an Imgran imagine how many people will use the Lalaworld Platform every day. It is the high demand that underlies me recommending this Lalaworld Project.

RoadMap



For more information on lalaworld you can read their whitepaper or you can directly discuss in ANN LalaWorld thread below:

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