Laxmi Coin | India Bitcoin :- Indian Government May Introduce Its Own Cryptocurrency

in laxmicoin •  7 years ago  (edited)

Laxmi coin first Indian cryptocurrency expected to gets approval from government of India but this not yet confirmed by government.

Created by Raj Dangi and Mitts Daki, Laxmicoin will probably become India’s first digital cryptocurrency which will be regulated by the RBI. It will become an alternative to the Indian rupee and if implemented successfully, it will truly embark India into true digital revolution.

The state-run cryptocurrency has received the nomenclature of Laxmi after the Hindu goddess of wealth and prosperity. Whether or not this cryptocurrency form receives the blessings of the divine Hindu goddess is something which time shall outlay.

Laxmi coin was launched in 2012 year in that year many people not familiar with coin market but after Bitcoin creating new record with huge rate it grabbing attention and now millions of people all over world started showing interest in cryptocurrency show that world is changing to digital so with same plan Laxmi coin is launching soon to make better Digital payment and coin market so Indian investor will be get huge profit which will be easy to understand.

WHY TO CHOOSE LAXMICOIN ® ?

We are the India's 1st digital currency, come up with digital currency idea in 2012. We have registered trademark, We having discussion with RBI & Govt. of India for approval and will launch very soon with proper approval.

LAXMI COIN ICO

As on official website they announced ICO will be launched on 1st March 2018. laxmi coin will officially provide different discount or token coin as a launching offer just like stock market.

Laxmicoin Social Service

Sweater donation to school kids

LAXMI COIN RATE

One Laxmi coin equal to some Rupees which is not yet decided but similarly as per other cryptocurrency it will started with low rate which will be perfect timing to buy and as slowly time passes rate of laxmi coin will started increasing and as per profit and user convenience they can buy or sell coin online with different payment option like online banking, paypal, bitcoin to laxmi coin, credit card and more.

Laxmicoin may have a pre-mine, which means the founders will own a lot of coins before the public can even touch the blockchain. In this 2014 article, the founders state they wanted to mine HALF of all the Laxmi Coins before launch. What’s to prevent them from getting greedy and dumping all of those coins after a price rise? The article does say they want to distribute 30% of the pre-mined coins to the poor, but I think this is just their marketing strategy to gain more widespread attention in India.

Anyways, I suggest waiting for more information from the Laxmicoin team before deciding to invest in their ICO. I think the project does have a place in the cryptocurrency world . . . it just won’t be like Bitcoin.

Good fortunes to you.

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