2Local: The Blockchain Platform.

2Local is an innovative blockchain- based platform that fosters growth and prosperity for everyone in the world , serving as a market for consumers to connect with companies that produce local and first-class goods and services.With the use of their native L2L stable cryptocurrency, users can receive a refund for their local and sustainable purchases.By using modern cryptocurrencies based on blockchain technology , the project seeks to make local and sustainable products accessible, so that everyone can achieve prosperity.A key way to increase access for all is to require only 2.50 euros ($ 2.74) to participate in 2Local. This ensures a more diverse participation, inviting a variety of people to interact with each other and with their local societies.

WORLD WIDE CHALLENGES IN SEARCH FOR SOLUTIONS

Older generations leave a world full of debt behind, failing economical institutions dominate the market, people are being excluded from participation in society, governments only protect big companies, there’s a climate catastrophe coming. Current generations have lots of problems, but hardly any chance or time to solve them.Indebted Societies Political Fall-OutEconomic Breakdown Time is Up

L2L-TOKEN BLOCKCHAIN

L2L-token started Stellar based. Research on the cash-back brought up there are requirements which aren't supported by Stellar. There will be switched to TRON which can handle all functions needed.

L2L-TOKEN PRICE RISE

The price of the L2L-token will rise with each new user. There are two reasons for this: 1. Buying goods and services with L2L-token will make the intrinsic value of the token rise. 2. Use of the token, more demand and more liquidity make the token also rise in value expotentially.

REVENUE

2local buys the L2L-token from the official exchanges one month before making it available in the app. This will generate revenue for operations and the cash-back system. The cashback graphshows the revenue for operations.

ALGORITHM-BACKED TOKEN

Through the sale of L2L tokens, proceeds become available and are stored in a deposit Foundation. 2local keeps a reserve of L2L tokens and fiat money to keep the price of L2L steady climbing. An algorithm monitors the price of L2L. Basically it will sell L2L when the price rises too much and will buy L2L when the price falls.

FEE

L2L token is scheduled to go live on December 2nd, 2021. A fee is deducted from every transfer, which is stored in a buffer. To be used as cashback.

CASHBACK

We want to use this coin to promote cooperation between sustainable producers and customers. We do this by offering a cashback system, where consumers are rewarded if they buy from affiliated local and sustainable companies. We want to create a network between consumers and companies, who are committed to the sustainable 2local ideology.

APP FUNCTIONALITY

Transfer L2L tokens to each others 2local wallet.

The 2Local token

2Local is synonymous with sustainability and prosperity throughout the world, by making local and sustainable purchases accessible to all.To do this, they use the intelligent design of a digital currency for consumers and connected companies , based on the innovative blockchain technology .The L2L token is an innovation for an “algorithm-backed token,” linked to a cashback system.In this way, a fee is deducted from each transfer, which together with the gain in the system, is returned to the project participants , if they buy sustainable and / or local products from the connected companies, that is, companies that can demonstrate that Produce locally and sustainably.You can register for this on the website 2local.io.

An important part of this platform is the market section with a search function. This brings consumers closer to businesses that sell sustainably and / or locally.The L2L token is scheduled to be launched on December 2, 2021 and a fee will be deducted from each transfer, which is stored in a buffer.Transfer fees are kept in a deposit. People who have bought from a connected company backed by 2local are paid once a month as a money back. To achieve a basic payment method, a limit is established on the amounts of L2L tokens that will be distributed by wallet.

The initial offer

The L2L token will be sold in an initial offer . Everyone who purchases the asset receives it in a digital wallet, on a smartphone, on their own account.The Android 2local application is available at the beginning of the initial offer, while the iOS application will be available shortly thereafter.A QR code will allow users to easily transfer a desired amount of L2L tokens to another account. The offer begins on October 1, 2019, with a presale and followed by the main sales in November.