let's see how this project called LocalCoinSwap works

in #english7 years ago

Good friends, this time I come to talk to you about LocalCoinSwap (LCS) which is a decentralized marketplace that allows buyers and sellers to trade directly on any cryptocurrency using any means of payment. LocalCoinSwap offers a secure, hassle-free and fast peer-to-peer (P2P) execution platform that allows users to exchange freely without the need for verification requirements or unnecessary waiting times. The Platform uses a secure custody system that solves the reliability issues inherent in online P2P trading.

Platform

Through the Platform all traders can directly acquire cryptocurrencies without the need for any verification. The Platform is reliable because, while the trades are P2P, LocalCoinSwap guarantees the parties the work as a trust. In fact, cryptocurrency is released once payment arrives. Therefore the LocalCoinSwap platform will instantly validate each operation.

The market for kryptomaterials is comparable to stock exchanges, and therefore has the problems of

  • Not all participants are the same. Regulators and monopolists have more possibilities than regular users.
  • Central banks intervene in the process of regulating cryptoindustry.
  • Agents and merchants are subject to various audits and verifications.
  • The confidentiality of participants' personal data is breached.
  • There is no single market for P2P operations.
  • Need to pay several commissions for the transfers to be made.

Project history and team

The company was established in December 2015. The initial members of the team were defined in September 2016. In March 2017 the project concept was developed and in August 2017 work began on the development of the platform. In February 2018 the White Paper was officially published and the Pre-ICO was launched. Pre-sales began in March 2018 and have already resulted in compliance with Soft Cap. The ICO is already in place as of April 2018.

Information about the team is fully available on the project page https://www.localcoinswap.com with their corresponding LinkedIn profiles. According to Icoholder's ratings, the team has 88% of the members checked, and each has their own clear responsibilities.

How it works


Project name: LocalCoinSwap
Ficha: LCS
Token price: 1 LCS = 0.4 USD (1 USD = 2.5 LCS)
Soft cap: 500,000 USD
Hardcover: 20,000,000 USD
Number of tokens issued: 100 000 000
Cantidad de tokens disponibles durante Pre-ICO/Preventas/ICO: 70 000 000
Los tokens no vendidos se queman

LocalCoinSwap Cryptoshares

One of the highlights of this project is Cryptoshares. LocalCoinSwap Cryptoshares are not traditional ICO tokens. Cryptoshares give guaranteed rights to receive up to 100% of the platform's profits via dividends in kryptoshares. The mechanism of the Cryptoshares is explained in detail on the official project website https://www.localcoinswap.com.

Summarizing

The project aims to solve current token exchange problems, offers a flexible payment and transaction system, is understandable for both professional and novice investors and has tools not previously reported in ICOs. Taking into account the above-mentioned information, we believe that the project can be considered with a natural optimism.

sites of interest

Website: https://www.localcoinswap.com
WhitePaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Telegram: https://t.me/localcoinswap
Facebook: https://www.facebook.com/localcoinswap/
Twitter: https://twitter.com/Localcoinswap_
LinkedIn: https://www.linkedin.com/company/11448963/
YouTube: https://www.youtube.com/channel/UCfUR13Y6dzv84EPG9uY1BUA
Instagram: https://www.instagram.com/localcoinswap/

By bitcoin talk user: Jorgeburoz
Myetherwallet: 0x4EfC3c37B3e684Df1B1C26259CdDFE490bB8F8E3
Profile :https://bitcointalk.org/index.php?action=profile;u=1312683