LARGOCOIN: HOW TO MITIGATE RISKS ASSOCIATED WITH INVESTMENTS

in #defi4 years ago

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BRIEF INTRODUCTION

Investors can now have a better platform to secure their funds as Largo coin is now launched for this purpose. There has been issues with investing especially with the way trust is lacking and Investments are not yielding the expected result. However, this new coin, Largo coin will make a difference.

ABOUT LARGOCOIN

By using LargoCoin, users will be adopting a new Investments system that is capable of providing all blockchain services and also improving the transactions of investors in it. It will be an opportunity for startups to grow while using new products provided by Largo in addition to the sure means of insuring the funds of the investors. Businesses will find this platform useful to make them visible in the global world of Investments and to make investors safe as they invest in them with the mitigation of risk that it provides.

HOW LARGO ESTABLISHES THE PERFECT PARTNERSHIP BOND BETWEEN INVESTORS AND BUSINESSES

Businesses that would join this platform will use the investment insurance template created by Largo but this will not stand as an intermediary between those businesses and the investors who invest in them. It will only establish a smooth relationship between them and provide sincere warranty of services, helping them uphold their agreement for the partnership deals between them. It would also ensure there is trust between the parties involved, making them fulfill their respective side to the deal with the interest of investors in full consideration.

Using the blockchain technology as a foundation, largo has a warranty services that helps the investors in it coexist with companies they have affiliation with for effective management of contracts. It improves this process as it releases the LRG coin to make the investors make payments and to have signed agreement with the endorsement of the platform.

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Investors would have coins released to them in the same quantity as the value of the Investments they have made with the companies they invested. This is to establish the agreement between them on the legal basis of the LRG coin and to prevent disorganization. The value of the LRG token will always be displayed in the CoinMarketCap's chart for investors to quickly be aware of any change in price as it correlates with the BTC because of its relationship with BTC. So the value of the token would be retained with the overall marketcap set for the issuing of the LRG token, a decision made intentionally for the sake of the investors profiting.

CONCLUSION

As for the agreements made between investors and the partnering company, the funds they pay would be kept safe in the wallet without the company having access to it until they have completed their own side of the deal with the investor as stated in their contract. This process is taken as an obligation to ensure that trust exist between them. This is what makes investors protected from the risks associated with investment like losing their funds without any warranty involved. There are laid down rules for investors spending of funds or withdrawal as long as they are tied to a company as a partner. The keeping of these rules would be the job Largo to ensure.

USEFUL LINKS
Website: https://largocoin.io/
Whitepaper: https://largocoin.io/wp-content/uploads/2019/06/WP-v4-converted.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5200762
Telegram: https://t.me/largocoin_chat
Twitter: https://twitter.com/largocoin
Facebook: https://www.facebook.com/LargoCoinPublic
Medium: https://medium.com/@largocoin
Reddit: https://www.reddit.com/r/largocoin/

AUTHOR'S DETAILS
Bitcointalk Username: Bububoyeer
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661499