No.Laxmicoin is named after Laxmi, the Hindu goddess of wealth. It was poised to be an India-focused digital currency, easily accessible for less-technically savvy people within the developing country, and even to be donated to worthy causes.
The founders had planned to mine half of Laxmicoins before the launch, out of which they would hold on to 20% of the coins and give out the remaining 30% to people in different walks of life, who do not have the means to mine themselves.
Some Sites are there to sell it. It is fake and make money out of it, soon after the unofficial annoucement of laxmi coin, these sites were launched.
So, beware of this type of sites and invest your money properly.
