2LOCAL L2L TOKEN
2local want to do this by creating our own sustainable token, a digital currency attached to the blockchain technology. This sustainability-focused cryptocurrency, the L2L token, maintains a stable yet rising exchange rate, by using the buffer between tokens and USD. This means the token can be used as a stable payment method.
OUR SOLUTIONS AND GOALS FOR A BETTER WORLD
2local is happy to contribute to the growth of a better world, with the Sustainable Development Goals of the UN as its guideline. We strive for thriving communities, a societal growth to include everyone, a sustainable world without malfunctioning of the monetary and economic system and prosperity for everyone worldwide.
Our long term goal is here to stay
1. Thriving Communities
2. Growth By Value
3. Sustainable World
4. Prosperity for all
2local invented a unique cashback system. Tokens are rewarded to people who support local and sustainable companies by buying their services and goods with L2L-tokens. A small fee from each transaction gets collected and divided amongst those buying locally and sustainably. By applying a maximum per person to this cashback, we want to make sure that the neediest get the most.
L2L-token started Stellar based. Research on the cash-back brought up there are requirements that 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 exponentially.
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 graph shows the revenue for operations.