LocalCoinSwap is holding a crowdsale event of LCS Cryptoshares. Cryptoshares are a digital asset which will be used to facilitate distribution of all profits made by the LocalCoinSwap platform, in addition to all profits made by new business ventures under the LocalCoinSwap umbrella. Cryptoshare holders will additionally receive airdrops of new ICO tokens listed on the LocalCoinSwap platform.
This replicates the dividend payments and shareholder voting of traditional companies, with the added benefits of blockchain technology and decentralisation.
Localcoinswap is real company (Digital Assets Management Ltd) based in Hong Kong.
Localcoinswap is a decentralised marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe, user-friendly and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without any verification process. The platform utilises a secure escrow system that solves the inherent trust issues of online P2P trading.
Throught Localcoinswap platform you will be able to trade your cryptocurrency in any geographical area. Simply signup and start trading in full security because Localcoinswap will work as an escrow.
When you put money in escrow it is held by a neutral third party (called an escrow agent) who works for both the seller and the borrower. The agent’s role is to carry out the instructions agreed upon by both parties. The money is released when all the terms of the agreement are met.
Aapeli Vouorinen.
Leading security engineer. Bachelor of Mathematics
(major in pure mathematics)
Nathan Worsley Chif.
Technical Officer - Bachelor of Economics (major econometrics)
Tomas Andervud.
Financial Director. Bachelor of Commerce
(specialty "Accounting and Finance")
Valery Natanelov.
Chief Marketing Specialist - PhD, Commodity Futures Markets
Taylor Shegel
Developer Blockchain - Bachelor of Science
Kevin Sparks.
Leading developer - degree of computer science developer
Daniel Woresley.
Head of Operations - Bachelor of Economics
(major in quantitative methods)
Jonathan Cohen.
Designer UX / UI - Agency MUZE
= consultant =
Mr. David C. LEE
Legal Counsel, Senior Lecturer, Accounting and Law University of Hong Kong
Dr. Artem Sergeev
Legal Adviser
Frank Zhu.
Legal Adviser
Vladimir Ninov.
Marketing Advisor - MBA
Shaf Zaman
Adviser on marketing and financing
Andrei Bondarevich.
Marketing Consultant
For more information, please visit:
Website: http://www.localcoinswap.com/
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/
Telegram: http://t.me/localcoinswap/
Facebook: https://www.facebook.com/localcoinswap/
Twitter: https://twitter.com/localcoinswap_?lang=en/
Medium: https://medium.com/localcoinswap/
Reddit: https://www.reddit.com/r/LocalCoinSwap/
Steemit: https://steemit.com/@localcoinswap/
Linkedin: https://www.linkedin.com/company/localcoinswap/
My Link Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2005736;sa=summary
ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583
This replicates the dividend payments and shareholder voting of traditional companies, with the added benefits of blockchain technology and decentralisation.
What is localcoinswap?
Localcoinswap is real company (Digital Assets Management Ltd) based in Hong Kong.
Localcoinswap is a decentralised marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe, user-friendly and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without any verification process. The platform utilises a secure escrow system that solves the inherent trust issues of online P2P trading.
Throught Localcoinswap platform you will be able to trade your cryptocurrency in any geographical area. Simply signup and start trading in full security because Localcoinswap will work as an escrow.
When you put money in escrow it is held by a neutral third party (called an escrow agent) who works for both the seller and the borrower. The agent’s role is to carry out the instructions agreed upon by both parties. The money is released when all the terms of the agreement are met.
Interesting features:
- The platform is user friendly
- No restriction for cryptocurrencies. Users will be able to trade any kind of crypto without restrictions, requirements or KYC.
- 100% of profits are directly distributed to users thanks to blockchain technology.
- Free airdrops when localcoinswap will add a new token
- Public github open source code
Localcoinswap team is runnig a crowdsale to speed up development and increase the number of tradable cryptocurrencies.
Cryptoshares will be the assets used to share profits between ICO investors.
How it works
Platform
- OPPORTUNITYThanks to LocalCoinSwap, traders can directly buy cryptocurrency
- ENTRY Simply log in to LocalCoinSwap, instantly, and without unnecessary verification requirements
- EXPLORE from a wide range of cryptocurrency ads for the best deal
- TRADE Approve payment methods and enter into trading
- TRANSACTION WITHOUT TRUSTLocalCoinSwap holds crypto in escrow while direct payment is made between traders
- FULL TRADEOnce the payment arrives, cryptocurrency is released to the buyer, and the trade is completed.
Cryptoshares
- INVEST Cryptoshares LocalCoinSwap (LCS) through Initial Coin Offering
- PROFITS LocalCoinSukar generate profits from escrow fees in all currencies traded on the platform
- DIVIDEND DISTRIBUTION At the end of the quarter, 100% profit is distributed to Cryptoshare holders
- SAME BOTH If investors hold 1% LCS - they receive 1% of profit
- AIRDROPWhen the new ICO is registered on the platform, all Cryptoshare LocalCoinShop holders receive a small amount of these tokens in return for their respective Cryptoshare.
- INCOME Receiving a steady stream of income in many currencies, just from holding one asset.
OVERVIEW OF THE PROBLEM
Unfortunately, the economic growth of the crypto currency was full of friction on the part of the banking system. The hostile regulatory environment and conservative institutions closed traders' accounts and exchanged in bulk, disseminated opinions from the media and imposed strict scrutiny procedures that violated the confidentiality of the public. The emergence of cryptography in the future created huge economic and investment opportunities. However, many people remain aloof because of a lack of patience, inefficient and lengthy subscription process and security problems. Opening a trading account in exchange can be a very difficult task for the user. Many exchanges limit the registration of new accounts or require that users expose themselves to fraud with identification and theft, sending their photos on the passport and personal documents on the Internet. Users of this platform are regularly asked to transfer funds abroad to companies in countries that do not have legal supervision. This problem really causes many concerns when team members are hoping to find a solution.
LOCALCOINSWAP SOLUTIONS FOR PROBLEMS
The digital ecosystem is here to stay, and the main economy begins to embrace the idea of unlimited decentralization and trade. The LocalCoinSwap platform represents a return to the most basic asset exchange system without using the basic institutions - P2P trading. By allowing P2P trading of all digital currencies, the LocalCoinSwap platform will return the market to its users, allowing them to directly purchase cryptography through any form of payment that can exist in any geographic location. The gap in the crypto-currency market was created, but the LocalCoinSwap infrastructure will close this gap in the market not only by offering P2P exchanges for all crypts in critical situations, but also to mark ownership of the exchange itself. in the hands of its users through the world's first Cryptoshare system. The LCS Cryptoshare system uses blockchain technology to replicate traditional corporate ownership through shares in a more secure and decentralized way. This allows all traders in the warehouse to acquire ownership of the platform on which they trade. Regardless of the concept concept, LocalCoinSwap is the first implementation of the exchange, where the profit is distributed completely through the intellectual contract system Cryptoshare with the initial launch scheduled for August 2018.
SETTLEMENT OF CORPORATE ISSUES Technical information
All digital assets issued by LocalCoinSwap will be ERC20 compliant and will include other core standards where possible. This will allow the assets received from LocalCoinSwap to broadcast as many etereum purse programs as possible and available through various secondary exchanges.
All reasonable efforts will be made to comply with industry standards, where possible, when developing intellectual contracts. This includes independent audits, if necessary to improve security. The contracts used by LocalCoinSwap in Cryptoshare publications, dividend tokens and poll tokens are open source, and all codes are available for viewing in LocalCoinSwap Github.
The contract development process is modulated where technically possible with white boxes and extensive black box testing of all individual units in a private test network before public deployment. Since the security of the financial system is critical to the company, all code additions are independently verified by all technical members of the development team.
By 2017, LocalBitcoins.com accounts for only a small fraction of the total number of Bitcoins sold, although it generates an average revenue of over $ 800,000 per week. This percentage is used in the following calculations to estimate the P2P trading scale in the top ten most popular cryptograms. Forecasting of revenues is made using the assumption that LocalCoinSwap is capable of capturing:
• 20% of the market share of LocalBitcoins.com for 5 years (starting from 5% in the first year and increasing at the linear level).
• 20% of the total P2P trade in ET.
• 50% of P2P trading for the 8 most popular cryptograms in the future. This market does not contain
main competitor for LocalCoinSwap
To make the estimate more conservative, the average monthly growth rate for each krypton in 2017 is used as the growth rate for each subsequent year. This is due to the recent exponential slowdown in growth.
All digital assets issued by LocalCoinSwap will be ERC20 compliant and will include other core standards where possible. This will allow the assets received from LocalCoinSwap to broadcast as many etereum purse programs as possible and available through various secondary exchanges.
All reasonable efforts will be made to comply with industry standards, where possible, when developing intellectual contracts. This includes independent audits, if necessary to improve security. The contracts used by LocalCoinSwap in Cryptoshare publications, dividend tokens and poll tokens are open source, and all codes are available for viewing in LocalCoinSwap Github.
The contract development process is modulated where technically possible with white boxes and extensive black box testing of all individual units in a private test network before public deployment. Since the security of the financial system is critical to the company, all code additions are independently verified by all technical members of the development team.
By 2017, LocalBitcoins.com accounts for only a small fraction of the total number of Bitcoins sold, although it generates an average revenue of over $ 800,000 per week. This percentage is used in the following calculations to estimate the P2P trading scale in the top ten most popular cryptograms. Forecasting of revenues is made using the assumption that LocalCoinSwap is capable of capturing:
• 20% of the market share of LocalBitcoins.com for 5 years (starting from 5% in the first year and increasing at the linear level).
• 20% of the total P2P trade in ET.
• 50% of P2P trading for the 8 most popular cryptograms in the future. This market does not contain
main competitor for LocalCoinSwap
To make the estimate more conservative, the average monthly growth rate for each krypton in 2017 is used as the growth rate for each subsequent year. This is due to the recent exponential slowdown in growth.
SECURITY
Allocated to increase the security of the platform. LocalCoinSwap offers trading in a large variety of digital assets. To protect against all possible threats. A large allocation of revenue from the local security provider LocalCoinSwap is a safe platform on which to trade.
Allocated to increase the security of the platform. LocalCoinSwap offers trading in a large variety of digital assets. To protect against all possible threats. A large allocation of revenue from the local security provider LocalCoinSwap is a safe platform on which to trade.
BUSINESS DEVELOPMENT & MARKETING
For business development, marketing & advertising. LocalCoinSwap will implement broad marketing & advertising strategies to increase the user base of the platform upon launch. These strategies are refined and focused campaigns based on data and analytics gathered during the Cryptoshare issuance.
For business development, marketing & advertising. LocalCoinSwap will implement broad marketing & advertising strategies to increase the user base of the platform upon launch. These strategies are refined and focused campaigns based on data and analytics gathered during the Cryptoshare issuance.
COIN ADDITION
Allocated exclusively for the addition of new coins. LocalCoinSwap aims to provide the maximum diversity of trading options upon launch and will hire dedicated staff solely to investigate and implement new cryptocurrencies.
Allocated exclusively for the addition of new coins. LocalCoinSwap aims to provide the maximum diversity of trading options upon launch and will hire dedicated staff solely to investigate and implement new cryptocurrencies.
ADMINISTRATION
Allocated for administration costs incurred during the final development of the platform.
Allocated for administration costs incurred during the final development of the platform.
The token LCS
Token symbol: LCS
Price per LCS: 0.0004 Ethereum (ETH) (1 ETH = 2500 LCS)
LCS maximum total supply: 100,000,000
Available through pre-ICO/presale/ICO: 70,000,000
Price per LCS: 0.0004 Ethereum (ETH) (1 ETH = 2500 LCS)
LCS maximum total supply: 100,000,000
Available through pre-ICO/presale/ICO: 70,000,000
Token distribution will be very fair because the team will hold only 10% of total supply. Since LCS will be a community token, the biggest allocation will be for investors.
70%: maximum allocation to investors through entire crowdsale with burn of unsold
10%: allocated to a community venture fund, the use of which is voted on by investors
10%: allocated to the development team (frozen by contract for 1 year)
5%: allocated to bounty program for community 70% engagement
5%: allocated to reward program for users who increase security of the platform
70%: maximum allocation to investors through entire crowdsale with burn of unsold
10%: allocated to a community venture fund, the use of which is voted on by investors
10%: allocated to the development team (frozen by contract for 1 year)
5%: allocated to bounty program for community 70% engagement
5%: allocated to reward program for users who increase security of the platform
Crowdsale bonus structure
The pre-sale period will be performed with a bonus distribution of 40%. The presentation will soon be closed if 10,000,000 cryptoscripts are distributed. During the history of the history of the people's assemblies it was established with each increase of 5,000,000 dollars. As each gain is achieved, all existing buyers of events in the form of dolls receive an additional 5% air-gap cryptoeschars that will be distributed after the foldsal is closed. Airdrop also applies to pre-sale buyers, but not to Cryptoshares, organized by a development team, a new fund / foundation fund and fund.
5 million US dollars. ACHIEVEMENT: All existing investors in the attic of Cryptoshare receive additional Cryptoshares 5%.
$ 10 million DENMARK REACHED: All existing investors in the attic of Cryptoshare receive an additional 5% of cryptoshars.
15 million US dollars. ACHIEVEMENT: All existing investors in the attic of Cryptoshare receive additional Cryptoshares 5%.
20 million US dollars. ACHIEVEMENT: All existing investors in the attic of Cryptoshare receive an additional 5% of Cryptoshares. Then the remaining token is destroyed in order to increase the total cost for all investors.
5 million US dollars. ACHIEVEMENT: All existing investors in the attic of Cryptoshare receive additional Cryptoshares 5%.
$ 10 million DENMARK REACHED: All existing investors in the attic of Cryptoshare receive an additional 5% of cryptoshars.
15 million US dollars. ACHIEVEMENT: All existing investors in the attic of Cryptoshare receive additional Cryptoshares 5%.
20 million US dollars. ACHIEVEMENT: All existing investors in the attic of Cryptoshare receive an additional 5% of Cryptoshares. Then the remaining token is destroyed in order to increase the total cost for all investors.
Roadmap
2015 DECEMBER
2015 Merger
2016 SEPTEMBER
2016 Initial team member established
2017 MARCH
2017 Development of concept
AUGUST 2017
Development of exchange begins
2018 FEBRUARY
2018 Launch of the official whitepaper
FEBRUARY 2018 (NANTI)
Pre-ICO
MARCH 2018
PresaleAPRIL 2018 ICO Cryptoshare
MAY 2018
Submission to list of exchange
JUNE 2018
Access early investors to the platform
JULY 2018
First Cryptoshare vote
AUGUST 2018
Release date for exchange
OCTOBER 2018
Integrated REST API
2019
JANUARY 2019
Mobile trading app2019FEBRUARY 2019Start dividend payout.
Meet our LOCAL COIN SWAP team
Aapeli Vouorinen.
Leading security engineer. Bachelor of Mathematics
(major in pure mathematics)
Nathan Worsley Chif.
Technical Officer - Bachelor of Economics (major econometrics)
Tomas Andervud.
Financial Director. Bachelor of Commerce
(specialty "Accounting and Finance")
Valery Natanelov.
Chief Marketing Specialist - PhD, Commodity Futures Markets
Taylor Shegel
Developer Blockchain - Bachelor of Science
Kevin Sparks.
Leading developer - degree of computer science developer
Daniel Woresley.
Head of Operations - Bachelor of Economics
(major in quantitative methods)
Jonathan Cohen.
Designer UX / UI - Agency MUZE
= consultant =
Mr. David C. LEE
Legal Counsel, Senior Lecturer, Accounting and Law University of Hong Kong
Dr. Artem Sergeev
Legal Adviser
Frank Zhu.
Legal Adviser
Vladimir Ninov.
Marketing Advisor - MBA
Shaf Zaman
Adviser on marketing and financing
Andrei Bondarevich.
Marketing Consultant
Website: http://www.localcoinswap.com/
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/
Telegram: http://t.me/localcoinswap/
Facebook: https://www.facebook.com/localcoinswap/
Twitter: https://twitter.com/localcoinswap_?lang=en/
Medium: https://medium.com/localcoinswap/
Reddit: https://www.reddit.com/r/LocalCoinSwap/
Steemit: https://steemit.com/@localcoinswap/
Linkedin: https://www.linkedin.com/company/localcoinswap/
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