2local – ICO Detailed Information

Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.

With their ultimate, worldwide reach and the fact that no single entity can control them, the crypto trend spread around the world, and countless projects have emerged since then. While many of them did try to bring a positive change, many others were only after the money. A big portion of them turned out to be a scam, which led to a regulatory crackdown on token sales.

However, even after all of these, and many other issues — the crypto trend still lives, and it still dreams of a better future. Even the ICO model still persists, despite the fact that there are alternatives, which are generally considered to be safer for the projects and investors alike. In fact, one project that aims to deliver a new type of convenient marketplace is currently in the process of holding its own ICO, and its name is 2local.

About 2local

2local is a blockchain-based platform that will provide a convenient marketplace for consumers that wish to connect with their favorite companies. This will allow them to directly purchase locally-produced, sustainable goods, as well as local services. The platform's goal is to encourage sustainability and bring prosperity to the world.

The project's team stated that they dream of a better future, but instead of waiting for it to arrive — they have decided to make it a reality themselves. Through their platform, they aim to eliminate injustice, inequality, and other social issues. Meanwhile, they are after delivering sustainability through the use of natural resources.

They also believe that there is a place for everyone in the worldwide economy of the future, although they believe that it must be more local and less hectic.

Of course, the project does not expect to create a utopian economy, meaning that they are aware of the limits that even the most successful projects have to face. However, they will still try to help create an economy that takes into account everyone, from all circles of modern society. All that they require to start is their native cryptocurrency — the one that is in its preICO stage of distribution at this very moment.

2Local ICO details

As mentioned, 2Local is in its preICO stage, which started only a few days ago, on October 1st. PreICO will last until the end of the month, and it will be replaced by the ICO itself, which is scheduled to start on November 1st. After that, the ICO will last for 30 days, until the end of November.

The token sale will offer 2Local's native cryptocurrency, L2L, which is a utility developed on Stellar's platform. The token's price will be $0.00031233 per 1 L2L. So far, the project did not announce which coins can be used to purchase L2L, although XLM is probably a safe bet. The project also features a bounty and an MVP.

The project was registered in the Netherlands, and it has several restricted areas, including the US, Canada, Bolivia, Iran, Algeria, Egypt, Nepal, Morocco, the UAE, and Pakistan. Others are allowed to join the token sale, provided that they go through a KYC procedure.

Author: Ali Raza for Crypto-Rating.com

• Q1 2018. Founded as D-Crypto
• Q2 2018. Presentation Vision & Mission
• Q3 2018. Economic Model Token
• Q4 2018. Token Development
• Q1 2019. Website development
• Q2 2019. Whitepaper & MVP Android
• Q3 2019. One-pager & KYC (AMDL5)
• Q4 2019. ICO & MVP 2.0
• Q1 2020. IEO & Platform development
• Q2 2020. Connecting Companies
• Q3 2020. Audits & Testing
• Q4 2020. LAUNCH 2local platform