LocalCoinSwap — A Decentralised Crypto Marketplace, Owned by The Community

Price per Token: $0,400

LocalCoinSwap (LCS) is a decentralized marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment.

LocalCoinSwap WEBSITE

LocalCoinSwap (LCS) is a decentralized marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment.

About LocalCoinSwap

LocalCoinSwap (LCS) is a decentralized marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment.

LocalCoinSwap provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verification requirements or waiting times. The platform utilizes a secure escrow system that solves the inherent trust issues of online P2P trading.

LocalCoinSwap is holding a crowdsale event of LCS Cryptoshares. Cryptoshares are a digital
an asset which will be used to facilitate distribution of all profits made by the LocalCoinSwap
platform, in addition to all profits made by new business ventures under the LocalCoinSwap
umbrella.

Cryptoshare holders will additionally receive airdrops of new ICO tokens listed on the
LocalCoinSwap platform.

The platform implements a novel approach to traditional company ownership by utilizing
blockchain technology to distribute the entirety of the site's profits to holders of LCS Cryptoshares.

This asset entitles investors to regular dividend payments denominated in all of the currencies
traded on the platform. Holders of the Cryptoshare may also participate in the long run vision
and decision making of the company itself through democratic voting in a proof-of-stake system.

This replicates the dividend payments and shareholder voting of traditional companies, with the
added benefits of blockchain technology and decentralization.

Funds raised from this crowdsale event will be used to expand and speed up the development of
the LocalCoinSwap platform and increase the number of cryptocurrencies which the platform is
able to support on release.

Centralised cryptocurrency exchanges in their current form are fraught with inefficiencies, security
risks, long wait times and unreasonable verification requirements. This results in high barriers to
entry for a huge number of potential users. Commonplace also are unethical business practices
including insider trading, front running, and deceptive pricing.

As long as these problems exist, there will always be a demand for P2P marketplaces. P2P
marketplaces provide direct access between buyers and sellers, which represents the truest form
of free market trading.

The future of the digital currency ecosystem relies on the development of a robust P2P exchange
which supports a diverse choice of cryptocurrencies.

The innovative distributed ownership model offered by LCS Cryptoshares will bridge this gap in the market while delivering the profits of the platform back into the hands of its users. In addition, LocalCoinSwap will be the catalyst for expansion of the cryptocurrency market by enabling new users through the elimination of all barriers to entry.

Halimonow's rating
8.8
Team 9.5
Product 8.5
Ecosystem 8.5
Innovation 8.5
ICO Duration:

Mar. 15, 2018 – Apr. 30, 2018

Token Name:

LocalCoinSwap

Token Code:

LCS

Token Type:

ERC 20

Total Tokens:

100,000,000

Hard Cap:

20,000,000 Usd

Token price:

1 LCS = 0.0004 ETH (1 ETH = 2500 LCS)
 

Accepts:

ETH, BTC, USDT, BCH, XRP, USD, EUR, GBP, AUD, NZD, CAD & MORE

Unsold Tokens:

All unsold tokens left from the token sale will be burned.

Whitelist:

YES

KYC Registration:

No

Headquarters:

Unknown

Social Activity:

Easy

Min/Max Transaction Amount:

Unlimited

Token Issue:

Mar. 31, 2018

Trade on Exchange:

Not Annonced

Role of Token:

Trading & Investing

ICO Information

ICO Duration:

Mar. 15, 2018 – Apr. 30, 2018

Token Name:

LocalCoinSwap

Token Code:

LCS

Token Type:

ERC 20

Total Tokens:

100,000,000

Hard Cap:

20,000,000 Usd

Token price:

1 LCS = 0.0004 ETH (1 ETH = 2500 LCS)
 

Accepts:

ETH, BTC, USDT, BCH, XRP, USD, EUR, GBP, AUD, NZD, CAD & MORE

Unsold Tokens:

All unsold tokens left from the token sale will be burned.

Whitelist:

YES

KYC Registration:

No

Headquarters:

Unknown

Social Activity:

Easy

Min/Max Transaction Amount:

Unlimited

Token Issue:

Mar. 31, 2018

Trade on Exchange:

Not Annonced

Role of Token:

Trading & Investing

TOKEN DISTRIBUTION

Halimonow's rating
8.8
Team 9.5
Product 8.5
Ecosystem 8.5
Innovation 8.5

ROADMAP

December 2015

- Company Incorporation

September 2016

-Initial team members establised

March 2017

- Concept development

August 2017

- Development on
- exchange begins

February 2018

- Official whitepaper launch

- PrelCO

March 2018

- Presale

April 2018

- ICO

May 2018

- Submission for exchange listing

June 2018

- Early access to platform

July 2018

- First Cryptoshare holder vote

August 2018

- Launch date for exchange

October 2018

- Integrated REST API

January 2019

- Mobile trading application

February 2019

- Start of dividend
- distributions

 

Halimonow's rating
8.8
Team 9.5
Product 8.5
Ecosystem 8.5
Innovation 8.5

WHITEPAPER

LocalCoinSwap_whitepaper_v1.0

Halimonow's rating
8.8
Team 9.5
Product 8.5
Ecosystem 8.5
Innovation 8.5

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Reviews

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