LocalCoinSwaps ICO review
LocalCoinSwap: is a decentralized marketplace that allows buyer/sellers to trade directly in any cryptocurrency using any method of payment., LCS is uncomplicated and fast peer-to-peer trading platform without unnecessary verification process.
LCS token use case:
With the Profits from the fees LocalCoinSwap will distribute 100% back to token holders minus running and upgrading costs, paid out in the currency that is traded ( Like Kucoin shares)
Token holders will also be able to vote in the listing of new coins though the democracy contract voting system.
When a new coin wants to be listed they will be required to give an agreed amount of tokens to the LCS token holder though an airdrop.
Roadmap:
April 2018: Cryptoshare ICO
May 2018: Submission for exchange listings
June 2018: Early investor access to platform
July 2018: First Cryptoshare holder vote
August 2018: Launch date for exchange
ICO:
Is running now Soft cap reached.
Token code: LCS
Price per LCS: 0.40 USD
LCS maximum total supply: 100,000,000
Available through pre-ICO/presale/ICO: 70,000,000
Token freeze: 20,000,000
Token burn: All unsold
Payment currencies: ETH, BTC, USDT, BCH, XRP, USD, EUR, GBP, AUD, NZD, CAD & more
Soft cap: 500,000 USD (REACHED)
Absolute hard cap: 20,000,000 USD (remaining tokens destroyed)
Bonus structure: Community based
Conclusion: I do like this idea.If only more ICO's offered scurity tokens and if Kucoin shares are anything to go by then these tokens could easly 5 to 10x. The exchange will attract users as people dont want to pay tax on each trade and this is a way around it. With the market picking up ico's might just be back in fashion too. Im going to pick up a small amount.
ICO on now
https://ico.localcoinswap.com/r/KZL7247
Cryptoslice Facebook: https://www.facebook.com/cryptosliceaustralia/
This is not professional financial advice please do your own research before making any investments.