LocalCoinSwap

Category: CryptocurrencyExchangeInvestment

About

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

Problem

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.

Solution

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

Documents

Whitepaper

Contacts

Digital Assets Management LTD

Hong Kong
Wan Chai
22/F 3 lockhart Rd
team@localcoinswap.com

Milestones

  • 2018 February
    Official whitepaper launch
  • 2018 February
    Pre-ICO
  • 2018 March
    Presale
  • 2018 April
    Cryptoshare ICO
  • 2018 May
    Submission for exchange listings
  • 2018 June
    ICO End
  • 2018 June
    Early investor access to platform
  • 2018 July
    First Cryptoshare holder vote
  • 2018 August
    Launch date for exchange
  • 2018 October
    Integrated REST API
  • 2019 January
    Mobile trading application
  • 2019 February
    Start of dividend distributions

Team

Advisors

Mr. David S. LEE
Legal Advisor
Dr. Artem Sergeev
Legal Advisor
Frank Zhu
Legal Advisor
Vladimir Ninov
Marketing Advisor

Team

Aapeli Vuorinen
Lead Security Engineer
Nathan Worsley
Chief Technical Officer
Thomas Underwood
Chief Financial Officer
Valéri Natanelov
Chief Marketing Officer
Taylor Scheel
Blockchain Developer
Kevin Sparks
Lead Developer
Daniel Worsley
Chief of Operations

ICO information

ICO starts (UTC)
2018-03-15 12:00
ICO ends (UTC)
2018-06-15 11:59
Whitelist
Not specified
KYC
Not specified
Product status
Not specified
Est. product launch
Not specified
Main competitors
Not specified
Payments
Bitcoin Ethereum Bitcoin Cash Dash Visa

Token information

Symbol
LCS
Platform
Ethereum
Unsold tokens
Not specified
Token lock time
Not specified
Soft cap
Not specified
Hard cap
20 000 000 USD
Circulating supply
Not specified
Total supply
Not specified
Max bonus/discount
Not specified
Token value
0.4 USD
Token issue
Not specified

Financial distribution

70% PUBLIC CROWDSALE
10% COMMUNITY VENTURE FUND
10% DEVELOPMENT TEAM
5% BOUNTY PROGRAM
5% SECURITY BONUS

Ratings and reviews

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LocalCoinSwap

Category: CryptocurrencyExchangeInvestment
TokenDesk rating
-
Reviewed and rated by
0 experts|0 members
Platform
Ethereum
Token
LCS
Token value
0.4 USD
Hard cap
20 000 000 USD
Payments
Bitcoin Ethereum Bitcoin Cash Dash Visa

Write a review

You must be logged in to write a review.