ICO LocalCoinSwap a brief overview
Present to the readers of the blog interesting, in my opinion, and a very promising project. So many of you are registered on cryptocurrency exchanges and use their services for different purposes. The bulk is a centralized exchange, and therefore should not exclude the human factor, which can lead to tragic consequences.
LocalCoinSwap (LCS) — an innovative decentralized marketplace that allows you to effect transactions in any cryptocurrency, as a buyer or seller, using any payment method, and provides the opportunity to earn tokens on growth and dividends. The exchange is equipped with the ability to securely exchange (P2P), and the ability to carry out transactions without verification.
On the platform involved a reliable escrow system that eliminates the problems of trust inherent in the peer-to-peer trade.
Project goal: creating the perfect exchange for cryptocurrency exchange.
Problems in this area:
Centralized cryptocurrency exchange is the largest monopoly. Here may be noted one paradoxical fact: in order to achieve decentralized, exchanges are being created using centralization :)
Exchange for such exchanges is associated with queries of redundant information (verification), and also supports the minimum number of cryptoperiods and payment methods. In centralized p2p missing barges, etc.
the Advantages of this project:
Democratic system of government;
The possibility of exchange from anywhere in the world;
Instant registration;
Blockchain technology provides full transparency;
The platform supports public financial announcements;
Contracts are open source.
Features of work Cryptoshares:
Implementation Cryptoshares (LCS) is produced by the ICO;
The profit of the exchange are minimum fees;
At the end of each quarter of the profit is distributed to the holders of the Cryptoshare based on the number of shares owned by them;
Holders Cryptoshare get new tokens listed in LocalCoinSwap, in exchange for each Cryptoshare they speak.
Summary: in Addition to the growth rate of the LCS token, holders receive a regular income.
Information about the token:
The name of the token - LCS
Price: 0,0004 Ethereum (ETH) (ETH 1 = 2500 LCS)
Total supply: 100 000 000
For sale: 70 000 000
Soft cap: 500 000 US dollars (USD)
Hard cap: 20 000 000 US dollars (USD)
All unsold tokens will be burned.
Accepted: Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Dash (Dash), Ethereum Classic (ETC), the US dollar, the Euro (EUR), British pound (GBP), Australian Dollar (AUD), NZ dollar (NZD), Canadian dollar (CAD).
Distribution:
Public sale: 70%
Social venture Fund: 10%
Team: 10%(frozen for 1 year)
Bounty program: 5%
Bonus security: 5%
Roadmap:
Team:
Conclusion: Great concept and great start. At the time of writing, the team has successfully collected soft cap and scored more than 30% of the planned investment:
An important component of the project is the security level of the platform, eliminates the human factor, as well as decentralization and democratic system of government. Very attractive conditions for investors and holders of the tokens. Steady earnings — an important fact, which will in turn provide a sustainable price of the asset and its permanent growth!
Website: https://www.localcoinswap.com
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/
Medium https://medium.com/localcoinswap/
Facebook https://www.facebook.com/localcoinswap/
Twitter https://twitter.com/localcoinswap_?lang=en/
Linkedin https://www.linkedin.com/company/localcoinswap/
TELEGRAM BOUNTY https://t.me/Localcoinswap_Bounty