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 (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.
This platform applies a new approach to traditional enterprise ownership
by utilizing blockchain technology to distribute the overall
profitability of the site to LCS Cryptoshares holders. This asset
entitles investors to the payment of regular dividends in the currency
traded on the platform. Cryptoshare holders can also participate in
long-term vision and corporate decision-making itself through democratic
voting within the proof-stake system. It replicates the dividend payout
and voting share of traditional corporate shareholders, with the added
benefit of blockchain and decentralized technology.
Funds collected from this crowdsale event will be used to expand and accelerate the development of LocalCoinSwap platform and increase the number of cryptocurrencies that platform can support on release.
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.
As long as this problem exists, there will always be demand for the P2P market. The P2P market provides direct access between buyers and sellers, representing the most correct form of free market trading.
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 deletion of all
barriers to entry.
Funds collected from this crowdsale event will be used to expand and accelerate the development of LocalCoinSwap platform and increase the number of cryptocurrencies that platform can support on release.
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.
As long as this problem exists, there will always be demand for the P2P market. The P2P market provides direct access between buyers and sellers, representing the most correct form of free market trading.
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 deletion of all
barriers to entry.
Video review
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.
The emergence of cryptocurrency has created great economic and
investment opportunities. However, many people remain on the sidelines
due to lack of patience or technological sophistication, inefficient and
lengthy subscription process, and security issues. Opening a trading
account on an exchange can be a very difficult task for the user. Many
exchanges restrict new account enrollments or require users to expose
themselves to identity and theft fraud by sending their passport photos
and personal documents online. Users are regularly requested to transfer
funds overseas to companies in countries without legal oversight.
The existing P2P market is also highly fragmented and not inclusive.
Merchants who want to buy and sell beyond some of the top
cryptocurrencies should access P2P exchanges and centralized mainstream
exchanges. There is currently no single mainstream P2P market that
allows more than one cryptocurrency to trade for fiat currencies
simultaneously.
This has created a burdensome additional cost for users who simply want
to buy nonmainstream cryptocurrency with cash as their starting point,
as they have to use more than one exchange and pay all associated costs
to complete their purchase. They also have to pay the transaction fees
involved in withdrawing from one market to another. This not only
increases user inconvenience and wallet software requirements, but also
exposes users to platform failures or hacking.
Moreover, centralized ownership and the secretive corporate structure of
mainstream exchange allows less investment opportunities for the
typical individual. The top bourses have daily volumes in the billions
of dollars, and investors do not have mechanisms in which they can share
profits. The giant monopoly now dominates the currency market
cryptocurrency in opposition to the very fundamental inefficiencies of
the global economy that block the technology chain has the ability to
break it.
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.
Currently there is a gap in the cryptocurrency market creating an
unserviced request. In community forums and social media sites where
traders participate, it is a common frustration that users can not
quickly or easily purchase non-mainstream cryptocurrencies. Users also
expressed repeated worries about overseas banking transfers and
burdensome verification procedures.
Infrastructure LocalCoinSwap will close this gap in the market, not only
by offering P2P exchanges for all crypto currencies, but also
authorizing ownership of the exchange itself into the hands of its users
through the world's first Cryptoshare system.
The Cryptoshare LCS system uses blockchain technology to replicate
traditional enterprise ownership through shares in a more secure and
decentralized way. Just as the issuance of common shares and profits are
distributed through dividends, LocalCoinSwap issues Cryptoshares the
rights holder for a normal token tokens that can be redeemed. Unlike
traditional financial organizations, LocalCoinSwap's ownership and
dividend structures are fully hosted on Blockchain, providing an
auditable and unpredictable financial corporate finance account.
LCS Cryptoshares allows all merchants on the exchange to take ownership
on the platforms where they trade. Despite the immediate nature of this
concept, LocalCoinSwap is the first implementation of an exchange where
profits are distributed entirely through the smart contract Cryptoshare
system, with an initial launch planned in August 2018.
LocalCoinSwap Cryptoshares
LCS Cryptoshares unlike traditional ICO tokens. Instead of a vague
promise of possible future returns or future idealistic visions into the
product, Cryptoshares entitles its holder to guarantee the right to
100% of the total profits of the Localcoinswap exchange through dividend
cryptocurrency.
Cryptocurrency benefits are paid to shareholders in the same
cryptocurrency in which they are created, enabling investors to receive
regular portfolio revenue streams. By holding a single Cryptoshare
asset, investors are entitled to the benefits of cryptocurrency across
the digital economy spectrum.
Cryptoshare holders are also entitled to receive new token air tokens when ICO is registered on the LocalCoinSwap platform.
In addition, LCS Cryptoshares grants the rights to the voting rights in
the platform decision-making process, such as new token listing on the
exchange, new business direction and design considerations or
functionality for the platform. Cryptoshares in LocalCoinSwap are more
than just a flow of dividends, by investing you into an integral part of
the future of the exchange itself.
ICO Cryptoshare Issuance
Details of ICO
At this point in time, the current conditions are as follows:
The official start date of ICO is scheduled for April 15, 2018.
The token name is LCS.
Block used: Ethereum.
The number of tokens issued is 100 million.
The token price, in relation to the ether: 1 ETH = 2500 LCS.
What to receive: BTC, Ethereum (ETH), Bitcoin Cash (BCH), Dash (DASH), Ethereum Classic (ETC) and Fiat.
Soft seal: $ 500,000
Hard cap: $ 20,000,000.
Structure of Crowdsale Bonus
Let's summarize the result
First of all, I would like to say that the project we studied is not
only interesting and reliable, it is an indispensable instrument of
society. The team that created this platform is a team of experienced
and successful specialists, each of whom likes his work and makes it
with the soul and understanding of the market.
When a team like that promises something to its target audience - then
the idea will come true, and in no time at all and the reason for not
trusting the team site for today is not.
Can not be said that everything is not cloudy here, there is such
complexity elsewhere on this site. Perhaps the main thing is the
struggle with competitors and the main one of them is Localbitcoin which
is worth considering.
ROAD MAP:
TEAM
Competition between these platforms does not really start, but begins to
boil, but only benefits the casual users, the quality of services
offered actually increases, the time of their provision is shorter, and
the smaller commissions. Ultimately, everyone has their own: the user -
two decent exchangers with the ability to receive passive profits, an
almost unlimited amount, and the service itself has the potential for
development, which is also unlimited.
The project has a strong team and partners. Carefully study the
Whitepaper project before investing your funds. Any questions you can
post in comments or on social networks from project developers.
For more information :
Website: http://www.localcoinswap.com/
Telegram: http://t.me/localcoinswap/
Facebook: https://www.facebook.com/localcoinswap/
Steemit: https://steemit.com/@localcoinswap/
by : bandung31
0xCABa51755ac00B96453c781Ab6fC9aE0f0b8Bb46
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