Ligo is a decentralized network built on blockchain technology that is used primarily for the purpose of calculating your taxes. And not only that, but the platform works for any tax, regardless of the country and in real-time. If you want to learn more about the company, then other than this review a good place to start would be the whitepaper on the company website. You can additionally follow the company on Twitter and keep track of them through their Twitter feed.
What Is Ligo?
The company has a solid mission, that is being designed as a standard for the industry to help with the worldwide tax expense calculator for cryptocurrency specialists. And not only that, but the standard for the industry has been to keep the individuals in the cryptocurrency space safe, mostly from the IRS and other government financial institutions. They do this by setting up the most accurate, real-time calculations for taxes, regardless of the type or location of where they will be paid.
Tax implications are made as well, especially now that the entire worth of the cryptocurrency empire around the world is worth about $480 Billion. And it’s to be expected that the tax man or IRS would want a cut, that is naturally to be expected. And it’s all done from capital gains, standard income, or other payroll taxes as well as different taxes often added for various business models. The IRS comes no matter what, and Ligo is prepared to help you protect yourself.
Through the wake of cryptocurrency chaos, the governments around the world have been deciphering a way to regulate cryptocurrency users for tax purposes. The implications used for taxes and cryptocurrency exchanges across the globe has been confusing at best. They use unclear rules, regulations and are being updated at an extremely rapid rate.
The cryptocurrency solution as far as Ligo is considered is to first remain calm, then take the immutable blockchain records of transaction data, and to combine it with real-time information that will be done on location. The information included in the records and to be analyzed is the location of the parties involved, the different exchanges and tax regulations as well. The Ligo platform effectively simplifies the way this is all accomplished. Your obligation to pay your taxes is considerably easier to manage with the help of Ligo, and you won’t have to pay more money than you should on the Ligo platform.
Ligo is designed for cryptocurrency users. Taxes, are one of the hardest aspects of cryptocurrency to deal with, and it doesn’t matter what country you’re from – taxes are a part of life that must be taken care of. So, if you want your taxes to be much easier than before, while at the same time being more accurate, and at the same time take control of your money, you can take place in the ICO for the company today.
With Ligo, you basically get a system built on the blockchain technology that is designed for individual who want to use the safety of the system to get the most accurate calculations. And it doesn’t matter if you’re taxes are based on income, capital gains, or capital lost, and other obligations as well – Ligo will help you do your taxes easier than ever.
Ligo ICO Information
- Token Symbol: LIGO
- Token Sale Starts: May 15, 201, 9AM EDT
- Token Price: $1.00 CAD
- Total Supply: 1 Billion
- Token Standard: ERC20
- Soft Cap: 8000 ETH
- Hard Cap: –
Who Is the Team Behind Ligo?
Ligo has a group of five directors who are constantly hard at work, preparing to take the platform to the mainstream. And while they were the founders of the company, they realized they needed more advisors to participate and offer their insights to move the company forward.
For anyone looking to be a team member, you can link your technology or tax expertise to the company gang. They are continually looking for new team members and partner companies who are involved in blockchain technology as well as cryptocurrencies – seeing them both as leading technologies of the future.
Ligo In Conclusion
Ligo isn’t a licensed tax department like the IRS, and they are not a security platform either. They can however, help you accurately calculate and prepare your taxes to get the best rates possible. The team at the platform has a deep understanding of how the system works, has a lot of experience in working with the governments and related financial institutions, which is why the team Ligo is the best bet for ensuring your taxes are ready to go when the time comes.