Laxmi coin is India's first digital currency which has adopted the distributed ledger system.I would like to clear some misconception's related to laxmi coin-
1.It is not backed by the R.B.I and the news being spread on crypto news website related to it are false.
2.It will conduct its I.C.O on 1st March
3.It has launched its white paper and is available on https://www.laxmicoin.com/
So,don't be mislead by any news,do your on research.