WHAT IS LOCALCOINSWAP?

LocalCoinSwap is a decentralized market that will allow sellers and buyers to directly trade using any electronic money. Transactions will be made by different payment methods. With this ecosystem, it will be simpler and easier to provide a secure, fast, uncomplicated P2P transaction platform. This platform will allow users to freely exchange electronic money without having to worry about waiting time or asking for unnecessary verification.

Today, electronic money exchanges focus on security risks, inefficiencies, unreasonable verification needs, and long waiting times. In this way, these ecosystems can follow unethical business practices that include run-ahead, fraudulent pricing, and insider trading. With these issues, the exchanges will never become secure and transparent in their business dealings.

Because of this, there will be a need to create a peer-to-peer (P2P) market that provides direct access, defined between the seller and the buyer-actually represents the purest form of market trading. free. The decentralized e-money market is what LocalCoinSwap is trying to achieve with its ecosystem. This platform implements a new approach to traditional corporate ownership, by unleashing the power of blockchain technology. With this technology, the profitability of the platform can be distributed to those who hold the token in the most transparent way.

LOCALCOINSWAP ANALYSIS

The most indispensable part of any exchange is its margin system. The development team at LocalCoinSwap knows that it is good because it uses a high security deposit system that will solve all the credible issues inherent in online P2P transactions. In addition, this ecosystem is planning to support all the different options of electronic money.

After looking at all these aspects, this ecosystem will prove to be a catalyst for expanding the current electronic money market. The platform has all the appropriate processes, algorithms and technologies that will remove barriers to entry of new entrants into the cryptographic market.

An crypto exchange includes all

• Electronic money exchanges will emphasize economic costs for all traders
• This platform will streamline all peer-to-peer transactions, and that means that traders will not have to pay any fees to intermediaries.
• This encryption exchange will support some of the larger payment methods than other P2P encrypted exchanges.
• In general, this ecosystem is an encrypted exchange that will actually reintroduce the hierarchy in the cryptographic world.

The ownership model of distribution

LocalCoinSwap is the future of encrypted exchanges. This ecosystem relies on developing a powerful P2P exchange under a truly innovative distributed ownership model. With this model in place, this platform aims to bridge the gap that exists between this exchange and its users. In a way, this ecosystem is one of the pioneers in sharing bottom-up profits with end users.

Strong escrow system

LocalCoinSwap has a stable escrow system that will act as a solid intermediary between the seller and the buyer. Whenever a transaction is made, the platform will own the electronic part of the transaction. However, if the fiat currency exchange traders, the transaction will be made directly between the parties involved. In the case of a cryptographic transaction, after the payment is made and the seller verifies the transaction has fiat currency, the password will be issued to the buyer. This escrow system is designed to prevent the user's money from locking up while the market fluctuates.

WHO BEHIND THE PROJECT?

LocalCoinSwap is led by Aapeli Vuorinen (Security Engineer), a data analyst, white hat hacker and comprehensive developer with more than 10 years of experience. Other key members of the group include Nathan Worsley (Technical Director), Thomas Underwood (Chief Financial Officer), Valeri Natanelov (Marketing Director), Daniel Worsley (Chief Executive Officer), and Kevin Sparks (Team Leader).

And some advisors

ICO INFORMATION

The sale of the LCS token will begin with a pre-sale on March 15, 2018.

Overview

Token code: LCS
Price per LCS: 0.4 US Dollar (USD) (1 USD = 2.5 LCS)
LCS maximum total supply: 100,000,000
Available through Pre-ico/Pre-sale/ICO: 70,000,000
Token burn: All unsold
Token freeze: All developer tokens for 1 year
Payment currencies: Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum Classic (ETC), US Dollar (USD), Euro (EUR), British Pound (GBP), Australian Dollar (AUD), New Zealand Dollar (NZD), Canadian Dollar (CAD) & more
Soft cap: 500,000 US Dollar (USD)
Absolute hard cap: 20,000,000 US Dollar (USD) (remaining tokens destroyed)
Bonus structure: Community based
Transparency: Open source (public on GitHub)

Token allocation

Use of funds

PROJECT EVALUATION

Advantages:

• LocalCoinSwap decentralises the most crucial part of the exchange: the profits. Cryptoshare holders receive guaranteed rights to 100% of the profits from trades on the LocalCoinSwap exchange.
• Cryptoshare holders receive profits in all of the cryptocurrencies traded on the exchange, an income stream denominated across an entire portfolio of digital assets.
• An open source democracy contract hosted on the blockchain publicly tallies votes on user-submitted issues to decide the operation of the exchange.
• LocalCoinSwap provides a listing service for new ICO tokens to allow them to launch on the LocalCoinSwap platform or raise pre-ICO and presale funding. When new tokens are listed Cryptoshare holders receive an advance airdrop, as well as access to special offers on new listings.
• LCS will build a dedicated support team and integrate social networking features.
• More cryptocurrencies than any P2P trading platform.
• High security, multi-signature transactions, 95% of funds are stored offline.
• Public finalcial announcements open-source contract code.
• Instant signup, no verification & no restriction.
• Operated through voting in a proof of stake system.

Disdvantages:

Currently, Localcoinswap is still the best exchange system. But this idea is not unique. In the future, more effort is needed to compete with other competitors. I hope that this project will grow more and prosper.

CONCLUSION

LocalCoinSwap is a very promising and worthwhile investment. LocalCoinSwap received a very positive feedback from professional community and high rating from rating agencies. However, more effort is needed to compete with other competitors in the market . The team consists of people with long experience of blockchain technology, financial analysis and business development. LocalCoinSwap wants to simplify the encryption deal and make it more comprehensive. It fixes some of the basics of current trading platforms such as missing information lists, slow transaction execution and other types. Join now for great experiences!

USEFULL LINKS

Website: https://www.localcoinswap.com
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3009721.0
Facebook: https://www.facebook.com/localcoinswap/
Telegram: https://t.me/localcoinswap
Twitter: https://twitter.com/Localcoinswap_
Medium: https://medium.com/localcoinswap
LinkedIn: https://www.linkedin.com/company/11448963/
Reddit: https://www.reddit.com/r/Localcoinswap/
Steemit: https://steemit.com/@localcoinswap
Instagram: https://www.instagram.com/localcoinswap/
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734