Gearing Towards a Decentralised Financial Ecosystem
- ICO start: 5. Jan 2018
- ICO end: 5. Feb 2018
Technology: Ethereum blockchain
LaLa World ICO Short Review
The commissions and fees charged by the intermediaries for the financial services averages around 7-10%. Using blockchain, we can reduce this substantially by cutting down all the intermediaries for these services and reducing the commission to around 2%. This facilitates financial services for the underbanked and underserved who are deprived of basic financial services.