The Only Exchange Which Distributes 100% Of Profits Back To Token Holders
LocalCoinSwap (LCS) is a decentralised 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 utilises 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 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 utilising 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 proofof-stake system. This replicates the dividend payments and shareholder voting of traditional companies, with the added benefits of blockchain technology and decentralisation.
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.
CRYPTOSHARE ICO : Directly trade any cryptocurrency, using any conceivable payment method, in any geographical location
COMMUNITY FOCUSED : Dedicated support team, integrated social media features
COMMUNITY OWNED : 100% of profits distributed to users through the blockchain
DEMOCRATICALLY OPERATED : Operated through voting in a proof-of-stake system
WORLD’S MOST INCLUSIVE EXCHANGE : Instant signup, no verification & no restrictions
COMPLETE TRANSPARENCY : Public financial announcements, open-source contract code
EXTENSIVE COIN COVERAGE : More cryptocurrencies than any other peer-to-peer exchange
CUTTING-EDGE SECURITY : Multi-signature transactions. 95% of funds in cold-storage
INTRINSIC TOKEN UTILITY : Dividend profits in multiple currencies. Airdrops of new ICO tokens
PROBLEMS & SOLUTIONS : LocalCoinSwap addresses some of the greatest issues of cryptocurrency markets
The cryptocurrency economy is currently filled with giant monopolies : LocalCoinSwap is the world’s most inclusive exchange. There is no discrimination, instant signup, and no verification required. The trading interface is safe, easy, and fun.
The only available exchanges exclude many users and are unsafe or difficult to us : LocalCoinSwap distributes 100% of the sites profits to holders of Cryptoshares on a 1-to-1 basis, through a blockchain-based decentralized dividend application.
Existing P2P marketplaces support only a minuscule number of cryptocurrencies and payment methods : LocalCoinSwap features a completely distributed peer to peer trading system. There are no centralized bank accounts, no verification requirements, and no restrictions on trade.
Dominant exchanges suffer from centralized banking and trading restrictions : LocalCoinSwap will open with a minimum of the 10 most traded cryptocurrencies, expanding continuously to integrate more. The funds raised in the crowdsale are being used to increase the selection of currencies supported at launch
The world's most inclusive cryptocurrency marketplace
Meet Our Unique Team
Nathan Worsley
Chief Technical Officer - Bachelor of Economics (Major in Econometrics)Early investor in Bitcoin and Ethereum. Developer of a series of successful trading algorithms based on Triangular Arbitrage between cryptocurrencies. Original founder of company as a cryptocurrency investment fund based in Hong Kong: Digital Assets Management Ltd. Experienced high volume P2P trader on LocalBitcoins.com. Development experience includes C/C++, Python, R, Matlab, PostgreSQL, Git, Bash & Linux.
Thomas Underwood
Chief Financial Officer - Bachelor of Commerce (Major in Accounting and Finance)Experienced financial analyst and business development manager, with roles at major Australian and international private companies. Professional skills are well rounded, within all accounting and financial roles, with proven abilities to create solutions for start-ups and cryptocurrency-related companies. Professional development includes passing CFA level 1. Australian Regional Manager for TradingView.com
Daniel Worsley
Chief of Operations - Bachelor of Economics (Major in Quantitative Methods)Experienced in business strategy, operations and quantitative analysis. Successful stock and commodities trader in several financial markets over the last 8 years. Advisor to a Hong Kong based investment firm. Passionate about decentralization and blockchain technologies.
Aapeli Vuorinen
Lead Security Engineer - Bachelor of Mathematics (Major in Pure Maths)Data analyst, white-hat hacker and full-stack developer. Over 10 years of experience in software development and systems administration. Experienced with a wide variety of technologies including Python, Java, C++, Javascript, Pandas, HTML5/CSS/Javascript, Go, Matlab, Git, Linux, and SQL. Exceptionally talented at understanding and utilizing network and software protocols.
Taylor Scheel
Blockchain Developer - Bachelor of ScienceOriginally a clinical molecular genetic scientist working in a laboratory before a passion for the Blockchain and disruptive technologies led to him becoming a digital nomad and full-time solidity developer. Experienced in Solidity, Javascript, Matlab, Git & Linux.
Kevin Sparks
Lead Developer - Developer degree in Computer ScienceExperienced full-stack Python and JavaScript engineer with a bias for action and proven experience in delivering reliable software. Over 13 years of experience across a wide variety of web-development and software projects. Passionate about learning and is particularly fascinated with collecting and analyzing data. Values people, relationships, communication, and Vim.
Valéri Natanelov
Chief Marketing Officer - PhD, Commodity Futures MarketsEntrepreneur, the founder and CEO of growAbric (knowledge brokering and design thinking company). Lifelong blockchain enthusiast. Extensive international business experience with a strong passion for design thinking and analytical problem-solving. Has lived on every (habitable) continent. Fluent in four languages.
Yonatan Cohen
UX/UI Designer - MUZE AgencyUX Design Expert, consultant, and Partner at Muze Design Agency. Has many years of experience in User Experience (UX) Planning, User Interface (UI) Design, Branding, Digital Strategy, Web Design & Development.
Maya Middlemiss
PR Representative and Content WriterExperienced freelance writer and journalist, with a background in consumer research, social media user testing and business consultancy. Obsessed with the social impact of blockchain, and the way it’s going to change the world - if we do it the right way
ADVISOR
George Kimionis
Technical AdvisorChief Executive Officer and founder of Coinomi Wallet, the largest and most proven phone wallet with support for more than 150 digital assets and zero users funds lost. Technical expertise includes the production and deployment of highly scalable software, implementation of new cryptographic assets, and intrusion resistance.
Mr. David S. LEE
Legal Advisor Senior Lecturer Accounting and Law Hong Kong UniversityDavid worked in investment management in Hong Kong and London before joining the University of Hong Kong. He started his career at Goldman Sachs and also has experience in law and in management consulting. David remains engaged in professional practice by working with companies and entrepreneurs, particularly in finance and technology.
David earned his J.D. from UCLA School of Law, his M.Sc. (with Merit) in Organisational and Social Psychology from the London School of Economics and Political Science, his M.A. in East Asian Studies from Harvard University, and his B.A., cum laude, in International Politics and Asian Studies from Brigham Young University. David is a lawyer and a CAIA (Chartered Alternative Investment Analyst) charterholder.
Dr. Artem Sergeev
Legal AdvisorArtem is a Senior Research Fellow at the University of Hong Kong. In addition to his legal work as an academic, Artem contributed to the United Nation’s mission in Cambodia, Oxford University Press, theDesk and a number of other enterprises. He has published a range of articles on various aspects of international law, received several notable academic awards, and actively contributed to the legal community around the world.”
Frank Zhu
Legal AdvisorFrank has extensive technology innovation experience in the finance industry. He is currently a technology analyst in a major investment bank based in HK. He also has two years of experience in front and backend development.
Mario Innecco
Financial AdvisorExperienced financial professional and former FCA Registered Representative (1993-2012) with a wide skillset and proven track record. Professional background includes work as a Private Banker and Government Bond and Exchange Traded Derivatives Broker. Mario currently works as a Market and Economics Analyst and provides regular commentary on his Youtube channel.
Vladimir Ninov
Marketing Advisor - MBAVladimir is a serial online entrepreneur with a vast experience in digital marketing, advertising, crowdfunding and growth hacking. With over 7 years of experience helping crowdfunding projects to raise over $100 million on various platforms, Vladimir has also been helping entrepreneurs to successfully build personal branding, write for global news outlets like Forbes, Inc, Entrepreneur, FastCompany and to most of the big ICOs to successfully reach their soft and hard cap funding goals. Vladimir is an ICO advisor for several global projects & also a Co-founder of the Webcoin project which aims to change the way how the world does marketing.
Shaf Zaman
Marketing & Fundraising AdvisorManager of a private investment community which focuses on ICO fundraising. Extensive marketing and management experience. Has been involved with Blockchain technology for several years. Early investor in multiple successful ICO's. Expertise as a community manager and networker for specialist investors.
Andrew Bondarevich
Marketing AdvisorDynamic and result oriented executive who drives ideas towards implementation with the simple logic of ROI. 18+ years in sales & marketing working across industries and functions. Deep understanding of the nuances of business strategy which have contributed to a successful track record of attaining corporate objectives.
