LocalCoinSwap (LCS) is a decentralised marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verification requirements or waiting times. The platform utilises a secure escrow system that solves the inherent trust issues of online P2P trading.
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.
The platform implements a novel approach to traditional company ownership by utilising blockchain technology to distribute the entirety of the sites profits to holders of LCS Cryptoshares. This asset entitles investors to regular dividend payments denominated in all of the currencies traded on the platform. Holders of the Cryptoshare may also participate in the long run vision and decision making of the company itself through democratic voting in a proof-of-stake system.
This replicates the dividend payments and shareholder voting of traditional companies, with the added benefits of blockchain technology and decentralisation.
Funds raised from this crowdsale event will be used to expand and speed up the development of the LocalCoinSwap platform and increase the number of cryptocurrencies which the platform is able to support on release.
Centralised cryptocurrency exchanges in their current form are fraught with inefficiencies, security risks, long wait times and unreasonable verification requirements. This results in high barriers to entry for a huge number of potential users. Commonplace also are unethical business practices including insider trading, front running, and deceptive pricing.
As long as these problems exist, there will always be a demand for P2P marketplaces. P2P marketplaces provide direct access between buyers and sellers, which represents the truest form of free market trading.
The future of the digital currency ecosystem relies on the development of a robust P2P exchange which supports a diverse choice of cryptocurrencies. The innovative distributed ownership model offered by LCS Cryptoshares will bridge this gap in the market, while delivering the profits of the platform back into the hands of its users. In addition, LocalCoinSwap will be the catalyst for expansion of the cryptocurrency market by enabling new users through the elimination of all barriers to entry.
How it works
- 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.
- 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.
The most inclusive kriptocurrency market in the world.
2016 Initial team member established
2017 Development of concept
Development of exchange begins
2018 Launch of the official whitepaper
FEBRUARY 2018 (NANTI)
PresaleAPRIL 2018 ICO Cryptoshare
Submission to list of exchange
Access early investors to the platform
First Cryptoshare vote
Release date for exchange
Integrated REST API
Mobile trading app2019FEBRUARY 2019Start dividend payout.
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