LocalCoinSwap - Exchange Which Distributes 100% Of Profits To Its Users
The cryptocurrency world is currently full of giant monopolies getting rich off the trading actions of its users. LocalCoinSwap will break down the giant exchange monopoly model in favour of a grassroots profit decentralization model.
LocalCoinSwap is an exchange created for the community, owned by the community. There is no discrimination or exclusiveness. Traders in any country may exchange any cryptocurrency, for any payment method, and share in the profits.
LocalCoinSwap tries to reach with this ecosystem. This platform brings the power of blockchain technology and implements a new approach to traditional enterprise owners. With this technology, you can transparently distribute the benefits of the platform to the token holder.
- The platform is user friendly
- No restriction for cryptocurrencies. Users will be able to trade any kind of crypto without restrictions, requirements or KYC.
- 100% of profits are directly distributed to users thanks to blockchain technology.
- Free airdrops when localcoinswap will add a new token
- Public github open source code
Localcoinswap team is runnig a crowdsale to speed up development and increase the number of tradable cryptocurrencies.
Cryptoshares will be the assets used to share profits between ICO investors.
What are the problems with current exchanges and P2P markets and How LocalCoinSwap solves it?
- Current Centralised cryptocurrency exchanges are giant monopolies. Every mainstream cryptocurrency exchange is centralized. (So sad, Giant centralization in the way for decentralization)
- Current exchanges are fraught with inefficiencies, security risks, long wait times and unreasonable verification requirements.
- Current exchanges support an only minimum number of cryptocurrencies and payment methods due to their centralized and none p2p behaviour.
- Current mainstream exchanges are limited by centralized banking and trading restrictions.
- In addition to that, the centralised ownership and clandestine company structure of mainstream exchanges allow little investment opportunity for the typical individual.
- Local coin swap asks no unnecessary verification.
- LocalCoinSwap solves most of those problems by enabling P2P trading of all digital currencies.
- LocalCoinSwap gives ownership of the exchange itself into the hands of users thorugh tokenizing in ICO through a unique Cryptoshare system.
- They use the world-first Cryptoshare system for achieving the decentralization.
WHY WE USE BLOCKCHAIN?
We designed this platform to run using blockchain technology as the basis for our platform development. Because since it first appeared, blockchain comes with a fast and secure online transaction offer and supports all types of data and cryptocurrency. With blockchain technology, the digitization of coins has created cryptocurrency, which is decentralized, trustworthy, and free from intermediaries. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transactions can be maintained and reduce the possibility of data fraud. Blockchain is essentially resistant to the modification of the data involved. Blockchain is public, ledger is distributed from all transactions in a given system. It continues to grow as a finished block (transactional information) is added to it. This data can not be manipulated by the first person or learned from the moment the information is encrypted. The most important of the things that can not be faked by you or others, make my ICO visible to everyone. These blocks are constructed linearly and chronologically through cryptography. We have developed this platform to work with blockchain technology as a basis for developing our platform. Because of the first appearance, this block comes with a fast and secure online transaction offer and supports all types of crypto data and currency. With the help of methods provided by and blockchain, the founders will be able to launch ICO, pre-ICO, and other crowdfunding campaigns. This will provide the founders with many essential services and tools for the successful launch of this type of campaign while ensuring security and credibility using blockchain technology. Blockchains allow data structures that represent invoices to use and serve as tamper proof. This allows all major ledgers to see the state of the invoice with respect to the time. Blockchain is a type of distributed ledger or decentralized database that stores digital transaction records. Rather than having central administrators like traditional databases, distributed ledgers have database networks replicated, synced over the Internet and visible to anyone on the network. With service disintermediation, blockchain has revolutionized all known financial conventions and pioneered new ways of fundraising through the tokenisasi of goods, products, and services. By using blockchain for transactions, the cost will be minimal compared to the current "broker" model which includes payment and currency conversion fees. With TechSpecs, all direct payments to sellers are in a single digital currency. Confidential information may be broadcast to certain colleagues with appropriate permission on the network to maintain complete confidentiality. Such a system is essential when dealing with covert access agreements between the transacting parties. Other than that,
As we can see in the diagram above, we can say that as much as 5% of total supply will be allocated for security bonuses, 70% will be allocated for public sales, 10% will be allocated to Community Venture Fund, 10% will be allocated to the team development, 5% will be allocated to bounty program, as much as 5% will be allocated to the development team.
Token ticker: LCS
Price per LCS: 0.0004 ETH ( 1 ETH = 2500 LCS )
LCS maximum total supply: 100,000,000
Available through pre-ICO/presale/ICO: 70,000,000
Token freeze: 20,000,000
Token burn: All unsold
Payment currencies: ETH, BTC, USDT, BCH, XRP, USD, EUR, AUD, GBP, NZD, CAD & more
Soft cap: 500,000 USD
Absolute hard cap: 20,000,000 USD
Presale begins: 15 March 2018 (40% BONUS)
Token Sale: 15 April - 15 June 2018
Website link: https://www.localcoinswap.com/
Reddit link: https://www.reddit.com/r/Localcoinswap/
Twitter profile: https://twitter.com/Localcoinswap_
Facebook product page: https://www.facebook.com/localcoinswap/
Linkedin company link: https://www.linkedin.com/company/11448963/
Telegram channel link: https://t.me/localcoinswap
Profile bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1805036