2local is a blockchain-powered platform that builds a worldwide network of consumers and companies that produce locally and/or sustainably. It creates a marketplace that makes local and sustainable purchases accessible to everyone. With a vision to eradicate poverty and hunger, and to solve environmental and climate problems, 2local has built an innovative blockchain system. The system is supported by a group of passionate entrepreneurs who use their innovations for non-profit purposes.
The 2local platform is supported by theL2L coin, which serves as the primary course of action. This digital payment method is accessible to everyone and offers a cashback for local and sustainable purchases from connected companies. By this, we mean companies that can prove that they produce locally or sustainably. They can register on the 2local.io website. Everyone can be part of this revolution by investing in Euro 2.50.
The L2L token is a preparation for the “algorithm-backed stablecoin” linked to the cashback system. A fee is deducted from every transaction. This, together with the profit in the system, is returned to the participants of 2local if they purchase sustainable and/or local products from connected companies. The people who buy from these companies receive L2L tokens as cashback, which can be exchanged for L2L coins up to a certain maximum.
An important part of the website is the marketplace section with a search function. The marketplace section on the 2local.io website allows users to search for companies connected with 2local. This brings consumers closer to the companies that sell sustainably and/or locally. 2local is happy to contribute to the growth of a better world, with the sustainable development goals of the UN as its guideline. It wants to build a global partnership to achieve those goals.
The L2L token is all set to hold its Pre Sale from October 1 to October 17, 2019. More information about the platform and the Whitepaper can be found on 2local’s official website.