Use Of LCS Token
Use of Cryptoshares include the portfolio returns from dividend payments, potential capital gains from future increases in price and the voting power to help define how the platform will be developed. Portfolio return in the form of dividend payments giving the holder a basket of various cryptocuerrencies Capital gains. The hard cap ensures there is room for upwards movement of the crytptoshare price Voting: Users can vote on decisions about the development of the exchange
There is no way for people to share in cryptocurrency exchange profits. People can’t easily trade different payment methods for cryptocurrency. Current Exchanges have onerous verification processes and restrictive capital constraints.
We are destroying the barriers to entry. LocalCoin Swap is allowing anyone, anywhere in the world, to quickly and easily trade all varieties of crypto assets. This can be done without onerous verification requirements or restrictions on trade. The platform will support any conceivable payment method. If someone wishes to sell any asset for any payment method, and someone wants to take the otherside of the trade - then we will facilitate that transaction. Unlike the traditional centralised monopolistic model of crypto exchanges, we are decentralising the ownership, the profit, and the develo
What Has Been Done So Far?
Development on the exchange platform began in August of 2017. The main part of the process so far has exclusively focused on the back-end development of the exchange. This has been done to ensure that upmost security has been implemented from day 1. Once the developers finish the final work on the wallet system, a dedicated front end team is ready to take over and polish up the final aesthetics of the platform. While this is happening a dedicated penetrations testing division will concentrate on ironing out any potential flaws in the server system. A code audit will also be complete prior to p