Local Coin Swap is a democratic project that wants to break a crypto-currency monopoly into giant exchanges and aims to be accepted by all local legal restrictions, basing its work on peer exchange. Local Coin Swap is completely owned by the community and therefore distributes 100% of dividends to holders of tokens.
Using the platform, each trader can acquire directly the crypt currencies without any verification. The platform is eternal, because, although the P2P transaction, LocalCoinSwap guarantees that the parties work as escrow. Indeed, the crypto currency is released after the payment is received. Therefore, the LocalCoinSwap platform instantly checks each transaction.
Thanks to the technology of blocking, the platform uses an innovative approach to the ownership of the company: all the revenue of the site is distributed among the holders of Cryptoactives, each of which receives regular dividends in any of the crypto currency traded on the platform. Cryptoactive holders can also participate in determining long-term prospects and in company decisions through democratic voting as part of the method of proving ownership. This approach allows to unite the traditional forms of companies' activities, such as dividend payments and voting of shareholders, with the innovative advantages of blocking and decentralization technology.
Tokens issued during the ICO are called Cryptoshares (LCS), give the right to receive dividends on the collected duty. During each transaction, an escrow service fee is charged. These fees are paid in crypto-currencies. 100% of the fees are distributed as dividends every quarter without any difference in the amount. In addition, during the inclusion in the ICO list, the owners will receive some tokens, such as a bonus. With its help, users can freely exchange crypto-currencies, avoiding unnecessary testing requirements and waiting time.
As everyone can understand, the exchange of LocalCoinSwap will be the most inclusive exchange, completely transparent, because with the code of the open source code it is very safe, because the escrow system is calculated on 95% of the funds in the refrigeration storage and is based on a dividend system that estimates the initial investment of ICO .
The road map is clearly defined and very difficult for the team that will launch the platform in June 2018, and in July 2018 the voting system of the holders will be completed. In August, the team will determine the launch date of the exchanges, and in October 2018 the entire API will be integrated. Finally, at the beginning of 2019 the team will publish an official application for the trade in smartphones, and in February 2019 the owners of the tokens will receive the first dividends.
LocalCoinSwap (LCS) is a decentralized market that allows buyers and sellers to trade any crypto currency without intermediaries using any form of payment. LocalCoinSwap provides a safe, fast and simple exchange platform. With its help, users can freely exchange crypto-currencies, avoiding unnecessary testing requirements and waiting time. The platform uses a system of depositing (third-party storage), which avoids the problems associated with the issue of trust, which often arise in the sphere of trade.
Price per LCS: 0.0004 Ethereum (ETH) (1 ETH = 2500 LCS);
LCS Maximum total delivery: 100,000,000;
Available through Pre-ICO / Presale / ICO: 70,000,000;
Slow down token: all unsold.
Tokens issued during the ICO are called Cryptoshares (LCS), give the right to receive dividends on the collected duty. During each transaction, an escrow service fee is charged. These fees are paid in crypto-currencies. 100% of the fees are distributed as dividends every quarter without any difference in the amount. In addition, during the inclusion in the ICO list, the owners will receive some tokens, such as a bonus.
Payment Currencies accepted: Ethereum (ETH), Bitcoin (BTC / XBT), Tether (USDT), bitcoin cash (BCH), Ripple (XRP), US dollar, euro (EUR), British pound (GBP), the Australian dollar ( AUD), New Zealand Dollar (NZD), Canadian Dollar (CAD) and others;
Soft cover: 500 000 USD (USD)
Absolute hard cover: $ 20,000,000 (US dollars)
The ICO participation system is very interesting. Indeed, participation in the pre-sale (in March - a hard amount of 10 million dollars), investors will receive a 40% discount. In addition, those participating in the ICO (in April) will receive a discount for tokens to get 5% every $ 5 million collected before a hard capitalization of $ 20 million. When new ICOs are added to the platform, all LokalKoinswap crypto-owners receive a small number of tokens in exchange for each crypto-entity that belongs to them. Thus, you can receive a continuous flow of income in several currencies, the same asset.
Looking at the command programs, it is obvious that they are well aware of cryptomir and development strategies. The advisors are of a high standard and ensure the success of the project.
LokalKoinSvap can be considered as a return to the original system of direct exchange of goods, which was dispensed with without the mediation of state or private institutions. In modern terms, this is a peer-to-peer system. Thanks to its use in the context of digital currency, LocalCoinSwap will be able to return this market to immediate users, thereby allowing them to trade any crypto currency using any method of payment, being in any geographical coordinates.
Useful links about the project:
Website http://www.localcoinswap.com/
Whitepaper https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/
Telegram http://t.me/localcoinswap/
Bitcointalk Profile https://bitcointalk.org/index.php?action=profile;u=164745