LocalCoinSwap aims to create the most inclusive market in the world. Find out how it works today in our reviews.
What is LocalCoinSwap? LocalCoinSwap, found online at LocalCoinSwap.com, is a cryptocurrency exchange that aims to give users more control over the platform. Creators claim that their market is "the most transparent exchange financially in the market". Why is transparency important? Why should you care about transparent exchange? That's because stocks promise to distribute 100% of its profits to the public. Communities are also allowed to vote democratically on all aspects of market operations. The final destination of LocalCoinSwap
is to create better currency P2P exchanges. This will solve the problem of centralized and decentralized exchange at this time. It will have an escrow service to facilitate a decentralized crypto exchange, which makes it more of a decentralized exchange.
How LocalCoinSwap Works?
Of course, there are already hundreds of cryptocurrency exchanges available today. What makes LocalCoinSwap different from its competitors?
LocalCoinSwap emphasizes low cost for merchants. Users will facilitate peer-to-peer transactions, which means you will not have to pay any fees to an intermediary.
LocalCoinSwap also claims to support more crypto methods and payment methods than any other existing peer-to-peer exchanges:
"This is typical for other exchanges that only support one currency or a bunch of the most popular currencies. LocalCoinSwap will include crypto offers and the most extensive payment methods, with the developer team after the launch whose primary purpose is the adoption of a new currency."
LocalCoinSwap also plans to launch special support for ICO and other new token projects. ICO makers can launch their projects on the platform, for example.
Overall, LocalCoinSwap sees itself as a "right" P2P trading, in which users can exchange their assets for the assets they want. They can pay a low cost when sharing revenue generated by the platform.
What problem is searched by localCoincom to solve? LocalCoinSwap is a decentralized crypto exchange that aims to solve most of the problems we associate with centrally decentralized crypto, including all of the following:
Centralized exchanges often limit new user registrations, or require users to leak intimate identity information before trading
Centralized exchanges are subject to unclear rules based on the country in which they operate
Existing crypto decentralized exchange is highly fragmented and inclusive
Including decentralized exchange is problematic for those who have fiat currency or crypto that are less popular
Many users are forced to exchange the lesser known cryptocurrencies into better known crypts (such as BTC or ETH) before finally purchasing the crypto they actually want to buy.
In addition, today's exchange does not allow users to share the benefits generated by the platform
LocalCoinSwap which aims to address all these issues. How does LCS Cryptoshares work? LocalCoinSwap will have a token sale for LCSCryptoshares. In essence, LocalCoinSwap is a tokenizing platform, then sells tokens via ICO. The whitepaper does not try to hide the fact that you are buying a common stock:
"The Cryptoshare LCS system uses blockchain technology to replicate traditional enterprise ownership through shares in a more secure and decentralized way.Similar to the issuance of common shares and profits are distributed through dividends, the LocalCoinSwap Cryptoshares issue gives the shareholder the customary tokens tokens that can be redeemed. "
The entire tokenisation system is hosted on blockchain, giving users an auditable and unforgivable public book about the company's financial performance.
The LCS Cryptoshares system is scheduled to launch in August 2018.
When the system is launched, the token holder is entitled to the right guaranteed 100% of the total profit from the LocalCoinSwap exchange through the dividend cryptocurrency. The entire payment system is based on a transparent blockchain, letting you see how the system is broken.
As the holders of LCS tokens, you are also eligible to participate in the platform decision-making process.
LocalCoinSwap LCS Token Sales
The sale of the LCS token will begin with pre-sale on March 15, 2018. This sale has a soft cover of $ 500,000 USD and a hard hat of $ 20 million.
There will be a total supply of 100 million LCS Cryptoshares, with 70 million available through a combination of pre-ICO, pre-sales, and ICO. The remaining tokens are allocated to public business funds, whose use is chosen by investors (10%), development team, freeze by 1 year (10%) smart contract, prize (5%), and Program reward for users to increase platform security (5% ).
The proof will be sold at the price of 1 ETH = 2500 LCS.
LocalCoinSwap LCS feature
The LocalCoinSwap platform emphasizes all of the following features. Overall, developers have built platforms with three basic principles: they want the platform to be safe, easy, and fun.
Several Coins Offered: LocalCoinSwap has placed great emphasis on adding many diverse coins to the platform. They want to offer more pairs of coins than other decentralized exchanges. Escrow System: LocalCoinSwap has an escrow system that acts as an intermediary between buyers and sellers. When trading begins between merchants, LocalCoinSwap takes the crypto part of the transaction while the fiat currency payment is made directly from the buyer to the seller.
Once the payment is made, and the seller can verify the fiat currency transaction has been received, crypto is sent to the buyer. The escrow system will prevent user funds from being locked down during volatile market times by issuing a deadline for each step of the contracting process.
Multi-Signature Support:
LocalCoinSwap will have multi-signature transaction options to improve security.
Dispute resolution:
In the event of a dispute, the escrow release shall be suspended and supporting documentation requested from each party to mediate the settlement.
User Input and Community Engagement:
LocalCoinSwap emphasizes an active community where users can easily send feedback to the platform.
Security:
LocalCoinSwap will have a full-time security team. 95% of cryptocurrency deposits will be stored in offline wallets to minimize potential losses due to hacking.
Simple Cost Structure:
LocalCoinSwap will charge a fee based on comparable exchanges, for the purpose of matching or defeating the exchange. This fee is currently set at 1%. Who's Behind LocalCoinSwap? LocalCoinSwap is led by Aapeli Vuorinen (Main Security Engineer), data analyst, white hat hacker, and pile developer with more than 10 years of experience.
Other important members of the team are Nathan Worsley (Chief Technical Officer), Thomas Underwood (Chief Financial Officer), Valeri Natanelov (Chief Marketing Officer), Daniel Worsley (Chief Operating Officer), and Kevin Sparks (Lead Developer).
LocalCoinSwap is headquartered in Wan Chai, Hong Kong. The company was founded in 2015. ICO ICS LocalCoinSwap Conclusion LocalCoinSwap website mentions that "this is how the exchange should be built." The goal is to create a better crypto exchange that solves the problem of centralized and decentralized exchange today. It is "the most inclusive decentralized cryptocurrency market in the world."
To learn more about this project, visit online today at LocalCoinSwap.com. ICO platform for LCS Cryptoshares launched in mid-March 2018.
Contact
Developers can be contacted using the links below:
Website // Twitter // Facebook // Telegram // Medium // Whitepaper // Bitcointalk
AUTHOR: jelambar111
https://bitcointalk.org/index.php?action=profile;u=1417970
Tidak ada komentar:
Posting Komentar