Localcoinswap review

in #swap8 years ago (edited)

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The ecosystem of LocalCoinSwap aims to create the most powerful and efficient platform for all existing crypto assets. The main task is to help investors sell and buy tokens without intermediaries and without using complex interaction schemes. As a basis, all the known platform p2p - "from hand to hand" will be used.

General information about the project
Despite the abundance of competitors, LocalCoinSwap has every chance to become a leader, as the niche of the exchange is rather confusing and does not allow crypto-investors to carry out profitable sales and purchases of crypto-currencies.

Minimal commissions will be the second "bun" of the service, these are the minimum commissions that will allow investors to profitable to withdraw and enter assets without being subjected to extortionate extortions of intermediaries.

The third bun will be a variety of gateways as the inclusion in the listing of crypto assets, as well as methods of withdrawal and input of fiat money and cryptocurrency.

Platform Advantages
We point out here the advantages that are already available to users of the ecosystem, while the group plans to develop the site, adding new options and functions.

  1. Large selection of cryptocurrency for operations. Now there are 10 crypto positions available, in the future, it is planned to increase the volume to 30-50 positions, but this is not the limit either.

  2. High level of security.

  3. Equal trading rights. None of the platform participants will have a priority, which means that no one has the right to dictate their terms to other investors.

  4. Collective solution. In case of controversial situations or for the introduction of a new idea, a system of collective voting based on smart contracts will be developed. Based on the results of the voting, a decision will be made to reject or adopt the corresponding idea.

  5. Wide palette of payment methods. The structure of the ecosystem will provide a scheme for the financial turnover of not only crypto assets but also fiat money.

A little about the main bun - the payment of dividends. Each investor can receive quarterly dividends. For accounting, only the personal LCS token will be used, which must be stored on the ERC20 purse. All dividends will be accrued proportionally, based on the availability of tokens at the end of the quarter. Thus, investors can not only benefit from exchanging crypto-currencies but also receive dividends due.

Roadmap
· 2015 is the official start-up of the project.

· 2016 - the formation of a support team.

· 2017 - development of the general concept (March), the beginning of work of own crypto-exchange (August).

· February 2018 - the official launch of its own newspaper and pre-ICO.

· March 2018 - the pre-sale phase of the project.

· April 2018 - Crypto-share for ICO start-up.

· May 2018 - showing the list of the project.

· June 2018 - early start for initial or institutional crypto investors.

· July 2018 - The first mode of public voting on Crypto-share

· August 2018 - the implementation of service exchange.

· October 2018 - implementation of the integrated REST API.

· January 2019 - the launch of the working version of the mobile-soft application.

· February 2019 - the initial stage of dividend distribution.

ICO Terms and Conditions
· Name of the token - LCS.

· price of token - $ 0.4.

· The total number of tokens sold is 100 million LCS.

· Distribution for sale - 70% or 70 million LCS

· Project softcap - 500 000 USD

· Hardcap - USD 20 million

· Price during ICO - 1 ETH = 2500 LCS

The project team
· Nathan Worsley, technical director.

· Thomas Underwood, the economic part of the platform.

· Daniel Worsley, financial part of the ecosystem.

· Aapeli Vuorinen, specialist security sector.

· Taylor Shegel,

· Kevin Sparks, Maya Midmiss

and others.

Conclusion
Now you know that the main goal of the LocalCoinSwap project is to unite all existing tokens under one roof, and to provide profitable exchange and security schemes for each position. In addition, the main point of the platform will be getting dividends for nothing, often you keep the LCS token to the ERC20 account.

Thank you very much for reading my article, I hope the information in this article was interesting and useful.

Detailed information about the project

Website: https://www.localcoinswap.com
Telegram: https://t.me/localcoinswap
Telegram Bounty: https://t.me/Localcoinswap_Bounty
Facebook: https://www.facebook.com/localcoinswap/
Twitter: https://twitter.com/Localcoinswap_
ANN: https://bitcointalk.org/index.php?topic=3075494.0
Bounty: https://bitcointalk.org/index.php?topic=3009721.0
WHITEPAPER: https: // www .localcoinswap.com /

Author: https://bitcointalk.org/index.php?action=profile;u=1249110

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