2local L2L

About

Platform 2local is an innovative blockchain powered loyalty platform that is tapping into banking to support sustainability and prosperity. It offers a smart marketplace to connect consumers and companies that produce local and sustainable goods and services.

Their unique cashback system, decentralized multi-currency digital wallets and the L2L coins are designed to rise in value and therefore create prosperity for their members.

2local is happy to contribute to the growth of a better world, with the Sustainable Development Goals of the UN as its guideline. They 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 three pillars Financial crisis, poverty and hunger, inequality, climate change, pressure on our ecosystems, decrease of biodiversity… We are facing a man-made crises that threaten our lives on this planet. To help overcome these serious problems 2local combines three essential pillars:

• focus on local communities
• a cashback system for local and sustainable products
• blockchain technology to make everything happen

Focus on local communities: Local and regional systems are best suited for achieving local sustainability. They help us reconsider our social and ecological values, develop relationships that reward quality and fairness and consider sovereignty and safety.

Cashback system for local and sustainable products: Our cashback system is our try at reducing poverty and increasing global prosperity through compensating people, who buy local and sustainable products. 2local has a loyalty platform with cashback functionality, a marketplace that connects vendors and consumers, and a smart trading algorithm to ensure L2L coins are stable rising in value.

Blockchain technology: The 2local community uses blockchain technology to create sustainability and prosperity. Therefor we have our own blockchain with L2L as native coin. Our blockchain is low energy consuming, ultrafast and has a highly secured consensus mechanism.

Building our own blockchain The L2L tokens for the Initial Token Offering (ITO) are built on the Stellar blockchain. Stellar doesn’t use much energy for the consensus mechanism, which makes it suitable for 2local. Our loyalty platform has a cashback functionality which requires its own blockchain for collecting the 1% transfer fee. We are building our own blockchain with the L2L as native coin. The low energy consuming, ultra-fast and highly secured dPoS is used as the consensus mechanism. Being fully ERC-721 compatible, other projects can easily build their own tokens on this blockchain.