This isn’t vanilla or chocolate, it is a new flavor being offered the Crypto world and if it sticks to its game plan it may be a disruptive platform that will change the landscape.
– CEO – No CEO, company works based on a decentralised voting system.
– Total Token Supply – 100 Million
– Tokens held by team – 10 Million
– Token price – 0.0004 eth per token (approx $0.30c)
– Softcap – $500,000 USD
– Absolute hardcap – $20m USD
– 100% profits shared with token holders equally
LocalCoinSwap is a decentralized, peer-to-peer marketplace which offers fast, secure trading in all cryptocurrencies and tokens.
LocalCoinSwap is not decentralized in the traditional way, instead they decentralize the profits. 100% of the profits from LocalCoinSwap are distributed back to the community using the intrinsic utility of the Cryptoshare token.
The LocalCoinSwap Cryptoshare token is used to facilitate the profits of LocalCoinSwap to investors through the payout of dividends. Dividends are not just paid out in a single currency, Cryptoshare investors receive an entire portfolio of digital currency just from holding one token.
Additionally, LocalCoinSwap provides a service for new ICOs to list on the platform, and in return Cryptoshare investors receive regular airdrops of those new tokens.
LocalCoinSwap is about more than just sharing profits. Token holders vote on how the exchange itself is operated, suggest and implement new ideas, and even make use of a special venture fund.
LocalCoinSwap is not just another exchange or ICO, along with the users they form a family of traders working together to disrupt the idea that cryptocurrency exchanges should be giant monopolies benefiting only a few. At LocalCoinSwap, everyone shares in the success.
The exchange development began mid 2017. The platform is about 70% complete and will be launched in August 2018.
Unlike many other ICO’s, what LocalCoinSwap is developing isn’t technically difficult. And it is something that need the blockchain to operate. It is just something that hasn’t been done before. Cryptoshares could prove to be a new business model for ICO’s in the future.
LocalCoinSwap will offer a wider selection of cryptocurrencies than any existing peer-to-peer exchange.
LocalCoinSwap will offer all conceivable payment methods for purchasing or selling, including custom options added by the community.
LocalCoinSwap incorporates social media interactivity into the trading platform, with custom user profiles, friend lists, achievement badges & special awards.
Crypto shareholders run the exchange together in a proof-of-stake voting system. Vote on additions of digital assets, site updates, new business ventures, and more.
Multi-signature transaction options available for supported currencies.
95% of site funds kept in offline cold-storage wallets.
Scenario-tested escrow system and global support team creates trustless trades between users.
Interactive feedback and trust system promotes hassle-free trading.
They also have a highly educated team with degrees from top universities. Their advisory board is strong, consisting of those experienced in ICO’s, and also 3 Legal Advisors from their country of incorporation.
Take a look at their website: www.localcoinswap.com