LocalCoin swap is a peer to peer cryptocurrency exchange platform. The structure is been built on the decentralized network of the blockchain to provide security and transparency. There are no restrictions on trade, no centralized bank accounts and no verification process.
The major benefits of LocalCoinSwap include:
• The profits are shared in a decentralized network. Participants will receive 100% of the profits gained from trades on the platform
• Holding a single asset in the platform will guarantee access to an entire portfolio. Participants will receive 100% of the profits from trades on all digital assets.
• There will be a prove-of-stake voting system that ensures that the exchange runs on a democratic system. To decide the operation of the exchange the open source contracts hosted on the blockchain will tally votes on sure submitted issues.
• LocalCoinSwap will have a feature that enables users to list projects for new ICO tokens or raise funds in pre-ICO launching. Participants will receive an advance airdrop and special access to upcoming listings.
Learn more about this ICO here:
I did a background check on the team checking their LinkedIn profile. I couldn’t find any information on the CEO or founder but I do think the technical crew has what it takes to lead this project on. There is a useful quote from the LinkedIn profile of the lead developer and security engineer, Aapeli Vuorinen:
Well founded background in abstract and concrete problem solving through applied and pure mathematics.”
If you plan on investing on this ICO here are some important financial details you should consider. As of writing there is no set date for the ICO to run, so you might want to pay close attention to this one for a launch date. It will trade with the name LCS and 1 LCS will cost 0.4 USD.
Investors can fund this ICO using either ETH, BTC, XRP or Fiat currency. To reach the set goals for the team a soft cap of 500,000 USD and a hard cap of 20,000,000 USD has been set.
The total tokens on offer are 70,000,000 and this represents a 70% distribution among the public.
Web site: https://www.localcoinswap.com
ATT : https://bitcointalk.org/index.php?topic=3075494.0
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf /