P2P Exchange focused on community: LocalCoinSwap
What’s up everybody WAJAHAT is here with another exciting blog on Localcoinswap. A LocalCoinSwap is a decentralised crypto marketplace which is owned by the community. It allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. The team of the company is comprise of Nathan Worsley as a chief technical officer, Thomas Underwood as a chief financial officer - Bachelor of Commerce (Major in Accounting and Finance), Daniel Worsley as a chief of operations, Aapeli Vuorinen as a lead security engineer, Taylor Scheel as a blockchain developer, Kevin Sparks as a Lead Developer - developer degree in computer science, Valéri Natanelov as a chief marketing officer & Yonatan Cohen as a UX/UI designer - MUZE Agency. An advisors is comprise of Mr. David S. LEE as a legal advisor senior lecturer accounting and Law Hong Kong University, Dr. Artem Sergeev as a Legal Advisor, Frank Zhu as a legal advisor, Mario Innecco as a Financial Advisor, Vladimir Ninov as a Marketing Advisor, Shaf Zaman as a Marketing & Fundraising Advisor & Andrew Bondarevich as a marketing advisor. The company was an incorporated in Dec, 2015. An Initial team members was stablished in Sep, 2016. The ccncept was developed in March, 2017. The development on exchange was begins in Aug, 2017. The official whitepaper was launch ed in Feb, 2018. The Pre-ICO was launched in Feb, 2018. The presale was launched in March, 2018. The cryptoshare ICO will be launch in April, 2018. The submission for exchange listings will be launch in May, 2018. The early investor access to platform will be launch in June, 2018. The first Cryptoshare holder vote will be launch in July, 2018.The launch date for exchange will be announce in Aug, 2018. An integrated REST API was launched in Oct, 2018. The mobile trading application will be launch in Jan, 2019. The dividend distributions will be start in Feb, 2019.
The token code is represeanted as LCS. The price per LCS is equal to 0.0004 ETH while an ETH is equal to 2500 LCS. The maximum total supply of LCS is equal to 100,000,000. An available tokens through pre-ICO or presale or ICO is equal to 70,000,000. The freeze tokens are 20,000,000. The burn tokens are all unsold. The currencies used for the payment are ETH, BTC, USDT, BCH, XRP, USD, EUR, GBP, AUD, NZD, CAD & more. The soft cap is 500,000 USD. An absolute hard cap is 20,000,000 USD while remaining tokens destroyed. The structure of bonus is community based. The transparency is an open source (public Github). The 70% are allocated to investors through entire crowdsale with burn of unsold. The 10% are allocated to a community venture fund, the use of which is voted on by investors. The 10% are allocated to the development team (frozen by contract for 1 year). The 5% are allocated to bounty program for community engagement. The 5% are allocated to reward program for users who increase security of the platform. The investors of presale received total 40% bonus. The stage 1 investors received 45% of presale bonus and 5% of stage 1 bonus. The stage 2 investors received 50% of presale bonus, 10% of stage 1 bonus and 5% of stage 2 bonus.The stage 3 investors received 55% of presale bonus, 15% of stage 1 bonus, 10% of stage 2 bonus and 5% of stage 3 bonus.The stage 4 investors received 60% of presale bonus, 20% of stage 1 bonus, 15% of stage 2 bonus, 10% of stage 3 bonus and 5% of stage 4 bonus. The stage 1 investors will generate 5 million dollars. The stage 2 investors will generate 10 million dollars. The stage 3 investors will generate 15 million dollars. The stage 4 investors will generate 20 million dollars. The 20% of funds raised from Cryptoshare issuance used for Platform Development. The 30% of funds raised from Cryptoshare issuance used for security. The 15% of funds raised from Cryptoshare issuance used for Business Development & Marketing. The 30% of funds raised from Cryptoshare issuance used for Coin Addition. The 5% of funds raised from Cryptoshare issuance used for Administration. The 80% of revenue on the LocalCoinSwap platform used for paid as dividends.The 9% of revenue on the LocalCoinSwap platform used for administration . The 6% of revenue on the LocalCoinSwap platform used for maintenance. The 5% of revenue on the LocalCoinSwap platform used for security.
The volume of revenue is 68 million USD dollars and site revenue is 0.6 million dollars in 2013. The volume of revenue is 271 million USD dollars and site revenue is 2 million dollars in 2014. The volume of revenue is 4 billion USD dollars and site revenue is 4 million dollars in 2015. The volume of revenue is 0.7 billion USD dollars and site revenue is 7 million dollars in 2016. The volume of revenue is 2 billion USD dollars and site revenue is 21 million dollars in 2017. The forecasted dividend returns is 0.34 dollars in 2019. The forecasted dividend returns is 1.96 dollars in 2020.The forecasted dividend returns is 9.83 dollars in 2021. The forecasted dividend returns is 49.6 dollars in 2022. The total BTC traded is 869 billion USD dollars. The traded on LocalBitcoins.com are 2 billion USD dollars. The LocalBitcoins.com market share is 0.2685% in 2017.The Site revenue per Cryptoshare will be 0.18, Revenue per $1 USD invested will be 0.42 & Dividends per $1 USD invested will be 0.34 in 2019. The Site revenue per Cryptoshare will be 1.05, Revenue per $1 USD invested will be 2.45 & Dividends per $1 USD invested will be 1.96 in 2020. The Site revenue per Cryptoshare will be 5.28, Revenue per $1 USD invested will be 12.28 & Dividends per $1 USD invested will be 9.83 in 2021. The Site revenue per Cryptoshare will be 26.67, Revenue per $1 USD invested will be 62.03 & Dividends per $1 USD invested will be 49.6 in 2022.
Website link:
https://www.localcoinswap.com/index.html
Whitepaper link:
https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
For future viewers: price of bitcoin at the moment of posting is 7894.00USD