LocalCoinSwap (LCS) is a decentralized market that allows buyers and sellers to trade directly in any cryptocurrency using any payment method. LocalCoinSwap provides a secure, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to exchange freely without unnecessary verification requirements or waiting times. The platform uses a secure escrow system that solves the trust issues inherent in online P2P trading.
LocalCoinSwap holds a crowdsale event from LCS Cryptoshares. Cryptoshares are digital assets that will be used to facilitate the distribution of all the benefits made by the LocalCoinSwap platform, in addition to all the advantages made by new business ventures under the LocalCoinSwap umbrella. Cryptoshare holders will also receive new titles from ICO tokens registered on the LocalCoinSwap platform.
Centralized cryptocurrency in its current form is full of inefficiencies, security risks, long waiting times and unreasonable verification requirements. This generates high barriers to entry for a large number of potential users. Ordinary also unethical business practices including insider trading, running ahead, and deceptive prices.
The future of the digital currency ecosystem relies on the development of a strong P2P exchange that supports multiple cryptocurrency options. The innovative distributed ownership model offered by Cryptoshares LCS will bridge this gap in the market, while providing the advantages of the platform back into the hands of its users. In addition, LocalCoinSwap will be the catalyst for cryptocurrency market expansion by allowing new users through the removal of all barriers to entry.
How it works
Platform
1. OPPORTUNITY
Thanks to LocalCoinSwap, traders can buy any cryptocurrency directly
2. SIGN IN
Simply sign up for LocalCoinSwap, instantly, and without unnecessary verification requirements
3. EXPLORE
Find a wide range of cryptocurrency ads for the best deal
4.TRADE
Agree on payment method and enter into trade
5. TRANSACTIONS
FEAR LocalCoinSwap holds cryptocurrency in escrow while direct payment is made between merchants
6. TRADE COMPLETE
After the payment arrives cryptocurrency is released to the buyer, and the trade is completed
Cryptoshares
1.
Purchases INVESTED LocalCoinSwap Cryptoshares (LCS) through Initial Coins Offer
2. BENEFITS
LocalCoinSwap exchanges generate profits from escrow fees across all currencies traded on the platform
3. DIVIDENT DISTRIBUTION
At the end of the quarter end, 100% of the profits are distributed to Cryptoshare holders
4. DECENT QUALITY
If an investor holds 1% of LCS - they receive 1% of the profit
5. AIRDROPS
When the new ICO is registered on the platform, all Cryptoshare LocalCoinSwap holders receive a small amount of tokens in return for each Cryptoshare they own
6. REVENUES
Receive stream of sustained income in multiple currencies, just from holding one asset.
Problem Overview
Cryptocurrency and other digital assets are revolutionizing the financial ecosystem. In 2017 alone the market capitalization of all digital currencies grew by 3171% to 700 billion ($ 700 billion) USD (source: coinmarketcap.com).
Unfortunately the economic growth of cryptocurrency has been full of friction from the banking system. Hostile regulatory environments and conservative institutions have closed merchant accounts and exchanges in bulk, spreading hostilities in the media, and forcing the enforcement of burdensome verification procedures that have violated public privacy.
Creating Solutions
The digital ecosystem is here to stay, and the mainstream economy begins to embrace the ideas of unlimited decentralization and trade.
LocalCoinSwap represents a return to the most basic system of asset exchange without relying on a major institution - P2P trading. By enabling P2P trading from all digital currencies, LocalCoinSwap will return the market to the hands of its users, enabling them to directly trade cryptocurrency using any payment method in any geographical location.
ICO Cryptoshare Issuance
Price per LCS: 0.0004 ETH (1 ETH = 2500 LCS)
Total LCS maximum savings: 100,000,000
Available through pre-ICO / presale / ICO: 70,000,000
Frozen token: 20,000,000
Token burn: All unsold
Payment currency: ETH, BTC, USDT, BCH, XRP, USD, EUR, GBP, AUD, NZD, CAD
Soft seal: 500,000 USD
Exclusive hard hats: 20,000,000 USD
Bonus Structure: Community based
Transparency: Open source (public github)
Allocation of Cryptoshares
Source of funds obtained from Cryptoshare reserves
30%: Allocated to improve the social platform. LocalCoinSwap is available in a variety of digital assets.
30%: Allocated exclusively to itemize new coins.
20%: Used for further development and completion of the platform.
15%: For business development, advertising & advertising.
5%: fees for administrative costs incurred during the final development of the platform.
Source usage on the LocalCoinSwap platform
80%: Distributed through the same dividend system for all holders of LCS Cryptoshares.
9%: Used for special administrative expenses consisting of staff salaries and fees for contract workers.
6%: To honor the exchange platform.
5%: Allocated to improve social platform.
Roadmap
For more info visit LINK below:
Whitepaper link: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Reddit page (subreddit): https://www.reddit.com/r/Localcoinswap/
Official Twitter profile: https://twitter.com/Localcoinswap_
Official Facebook page: https://www.facebook.com/localcoinswap/
Linkedin's official profile: https://www.linkedin.com/company/11448963/
Telegram: https://t.me/localcoinswap
Author: indah333
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1724885
Eth: 0xf16486c792628e08D0D32995b0EB9e90fea27692
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