What is Local Token Exchange?
Local Token Exchange was born out of a shared vision to develop a more efficient global financial system.
We love the flexibility of trading in multiple cryptocurrencies, but we were fed up with the inefficiencies of centralised exchanges. So we created Local Token Exchange to integrate the best of a P2P decentralised exchange with the deep liquidity of a centralised exchange, which makes trading faster, easier, more secure and gives the token holder a share in the profits.
LocalToken Exchange provides a safe, simple and fast trading platform leveraging its own P2P marketplace and escrow system. Unlike other P2P exchanges, LocalToken Exchange provides both variety and liquidity by mixing centralized and decentralized exchange practices, allowing users to trade freely without unnecessary waiting times or verification requirements and to share in the profit of the platform’s overall success as well as allowing access to curated ICOs.
Given the success of other P2P exchanges such as LocalBitcoins and Xcoins, we plan to capitalize on the growth of the market opportunity that exists for a multicoin P2P decentralised exchange.
Local Token Exchange will offer:
- The possibility to trade a comprehensive range of cryptocurrencies
- Combined with the deep liquidity normally offered only in centralised exchanges
- Fast and easy KYC/AML verification process
- Transparency
- Pay regular dividends
- Future cryptocurrencies by allowing ICO airdrops
The Problem
Centralised cryptocurrency exchanges in their current form are fraught with inefficiencies. There are long wait times, security risks and time consuming verification requirements as well as high barriers to entry for a large proportion of potential users, especially novices.
Solution
P2P marketplaces and exchanges provide direct access in a decentralised way to connect buyers and sellers directly, which represents the truest form of free market trading. The future of the digital currency ecosystem relies on the development of robust P2P decentralised exchanges that support a diverse range of cryptocurrencies and at the same time provide traders with sufficient liquidity, a significant feature of the best centralised exchanges. The innovative distributed ownership and business model offered by Local Token Exchange will bridge the gap in the market, whilst delivering the majority of the profits of the platform directly into the wallets of token holders and users.
LTE ICO Details
Token : LTE
Total Supply Available : 77,963,600
Payment Currency : Ethereum (ETH)
Nominal Value of LTE : €0,25c
Exchange Rate : 1 ETH = 2286LTE (ETH: €571.60 on 18/5/2018)
Project Protocol : ERC-20
Token Structure
The innovative distributed ownership model offered by LTE Tokens bridges a significant gap in the market, while delivering the profits of the platform into the wallets of its users.
Use of Funds
The primary use of funds will be to develop the platform, grow the team and further the development, promotion and management of the project. Our emphasis will be on platform performance and security, as well as building a strong community and a user experience that supports higher trust in peer to peer exchange.
Roadmap
- Q2 2017
Inception of the idea - Q3 2017
Local Token Exchange Development Starts - Q2 2018
White Paper Completed
Website Launched
Private Sale - Q3 2018
Pre-ICO
ICO LTE Private Beta on Testnet - Q4 2018
LTE Launch on Mainnet - Q1 2019
First dividends payments
API Release - Q2 2019
LTE App Release
Translation to Spanish, French, Chinese, Korean - Q3 2019
Achieve 100,000 registered users
Team
Our Advisory
Fore more information :
- Website : https://localtoken.exchange/
- Whitepaper : https://localtoken.exchange/LTE-white-paper.pdf
- Telegram : https://t.me/localtokenexchange
- Facebook : https://www.facebook.com/LocalTokenExchange
- Twitter : https://twitter.com/Local_Token
Author :
Profile Forum Link: https://bitcointalk.org/index.php?action=profile;u=1912720;sa=summary
Forum Username : kahseralpridetroopers04
Wallet Address: 0x180CfC5B85a114FC8a8D54AaeB100DAa9abA9072
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