What is LocalCoinSwap?
Today we will consider the project LCS (LocalCoinSwap). This is a powerful modern stock market that can give us more than the vast majority of exchanges - a wide range of crypto-currencies available for trading, opportunities and earnings guarantees.
To solve the problems of trading P2P online, the platform uses the margin of the security system. Also, the system uses Cryptoshares LCS technology. Cryptoshares is a digital asset created specifically for the efficient distribution of funds from the LocalCoinSwap Foundation. Owning Cryptoshare, within the framework of the LocalCoinSwap platform it will be possible to receive a stable profit.
The purpose of the LocalCoinSwap project is to create an exchange for trading in the p2p mode. The problem of exchange on the stock exchanges today is especially acute, traders need a universal tool that allows exchanging all known crypto-currencies among themselves. As the LocalCoinSwap team notes, for traders there will be a record low price and very favorable terms.
Token
The new currency is called LCS. The minimum amount to buy is 0.1 ETH. Only 500 thousand dollars to the team is enough to announce the achievement of soft-cap. So the project will work anyway. Hard-cap is also relatively small - $ 20 million. The legal address of the project, oddly enough, in Hong Kong.
Presale. The stage passed successfully on March 15-31.
ICO. The main sales are allocated exactly 2 months - from 15.04 to 15.06.
General distribution of coins of the system
- the greater part (70%) will be sold during the stages of sales;
- 10% share of the venture fund;
- 5% will get involved in security matters;
- 10% share of the team;
- the remaining 5% - the share of bonus programs.
Where will the collected funds will go?
- 30% pool of adding new tokens;
- 20% will go for further development;
- 30% will be devoted to the development and implementation of security technologies;
- 15% are allocated for marketing and future development;
- The remaining 5% will go to the organization's questions.
Bonus program
The project introduced a fairly generous reward system during sales. During the pre-sales period, the bonus was 40%. Reaching a certain fee, the project gives bonuses to participants - 5% for each "anniversary" point of fees (5, 10, 15 and 20 million dollars). Ie, each investor is potentially interested in reaching the upper limit of fees.
Site
The web page of the project on the web is available in 9 world languages, which can not but please the potential investor and the user. Design is harmonious, simple, no frills. There is no obtrusive advertising and unnecessary animation.
Whitepaper
The document is easy to read, there are many valuable graphics that help to quickly understand the principles of the system and the prospects for development. Like the project web page, the document is available in 9 languages, including, in Russian (31 pages).
Team
A lot of high-level specialists participate in the project. In total, 9 team members and 10 influential advisers are officially represented on the site and in the documentation. Under each of them is presented a rather impressive description of merit, almost everyone here has links to profiles in social networks.
Popularity in social networks
The project is already known on the web. The team conducts active communication in all popular channels of communication with the public. As of May 31, there were 6745 subscribers in Telegram channel, 4381 people signed on Twitter, 276 in medium, Facebook - 10714. The team is very active in Reddit, today the level of karma is 93. The github site contains 1 repository, which contains the code for crypto actions. The project gained great popularity in the bitcointalk - the level of the Hero Member account.
Bounty
Only 5 million coins of the system, or 2 thousand airships, were allocated to the project support campaign.
Total distribution of funds allocated to the bounty
- 15% on social networks (we are talking about FB and Twitter);
- the next 15% - a pool of participants in video content (Youtube, etc.);
- 15% - the share of articles-reviews;
- 20% the subscription campaign pool;
- 15% are allocated to the campaigns of moderations and transfers;
- another 20% remain in reserve.
More information:
Website: https://www.localcoinswap.com/
White Paper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_ru_v1.0.pdf
Telegram: https://t.me/localcoinswap
VK: https://vk.com/localcoinswap
Twitter: https://twitter.com/Localcoinswap_
Facebook: https://www.facebook.com/localcoinswap/
Medium: https://medium.com/localcoinswap
Reddit: https://www.reddit.com/user/Localcoinswap/
Github: https://github.com/LocalCoinSwap
Bitcointalk: https://bitcointalk.org/index.php?topic=2916403.0
Author:
Bitcointalk Username: saycryptohello
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1336255
Read more: https://steemit.com/ico/@saysaysayhello/lcs-world-s-most-inclusive-cryptocurrency-marketplace
Thanks for the review! An interesting project, you will need to study it in more detail!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good overview! This project is interesting for me
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You know how to make good articles, signed up!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is a reliable project
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit