Summary
LocalCoinSwap (LCS) is a decentralized marketplace that offers buyers and sellers the opportunity to trade directly in any cryptocurrency using any payment method. LocalCoinSwap provides a secure, simple and fast peer-to-peer (P2P) trading platform that allows users to trade freely and without unnecessary verification requirements or waiting times. The platform employs a secure custody system that solves the trust issues inherent in online P2P trading.

LocalCoinSwap holds a LCS Cryptoshares retail event. The cryptoshares are a digitized asset that will be used to speed up the distribution of all the benefits generated by the LocalCoinSwap platform, in addition to all the benefits obtained by the new business projects under the scope of LocalCoinSwap. Cryptoshare owners receive additional air launches of new ICO tokens listed on the LocalCoinSwap platform.

The platform takes an innovative approach to traditional enterprise ownership by using block chain technology to deliver the full benefits of the site to LCS Cryptoshares owners. This asset entitles investors to regular dividend payments denominated in all currencies traded on the platform.

The funds raised from this retail event will be used to expand and streamline the development process of the LocalCoinSwap platform and expand the number of cryptocurrencies that the platform is capable of supporting at the time of publication.

General description of the problem

· Cryptocurrencies and other digital media are transforming the financial ecosystem. In 2017 alone, market capitalisations of all digital currencies grew by 3171% to USD 700,000,000,000,000,000,000 (source: coinmarketcap.com).
· Unfortunately, the development of the cryptocurrency economy has been fraught with friction on the part of the financial system. Hostile regulatory environments and conservative institutions have massively closed the accounts of traders and stock exchanges, spread media controversy, and forced onerous verification procedures that have encroached on the privacy of the community.
· The growth of cryptocurrencies has created enormous economic and investment possibilities. However, many people remain on the sidelines due to lack of patience or knowledge of the technology, inefficient and lengthy subscription processes, and security issues. Opening trading accounts in exchanges can be a particularly difficult task for users. Many exchanges limit the registration of new accounts or require users to expose themselves to identity theft and fraud by sending photographs of their passports and personal documents online. Users are often asked to transfer funds abroad to companies in countries without legal oversight.
· On the other hand, the centralized ownership and organization of clandestine companies in major stock exchanges offers few investment opportunities to the typical individual. The major stock exchanges have daily volumes of billions of dollars, and investors have no mechanism through which they can participate in income.

Creating the solution

· The digital system is here to stay, and the mainstream economy is beginning to embrace the ideas of decentralization and unrestricted trade.
· LocalCoinSwap represents a return to the most important asset exchange system without relying on the main institutions - P2P trading. By enabling P2P trading of all digital currencies, LocalCoinSwap will put the market back in the hands of its users, allowing them to trade directly with any cryptocurrency using any payment method possible anywhere in the world.
· The LocalCoinSwap infrastructure will eliminate this market failure, not only by offering a P2P exchange for all cryptocurrencies, but also by placing the ownership of the exchange in the hands of its users through the world's first Cryptoshare system.
· LCS Cryptoshares offers all traders the possibility to take possession of the platform on which they trade. Despite the ease of this concept, LocalCoinSwap is the first application of an exchange where benefits are fully shared through an intelligent Cryptoshare system contract, with the initial launch scheduled for August 2018.

LocalCoinSwap Cryptoshares

Cryptoshare Overview
. LCS Cryptoshares are not like the original ICO tokens. Instead of a vague promise of future returns or idealistic visions that may never become a product, Cryptoshares entitles its holders to be guaranteed 100% rights to the full benefits of the Localcoinswap exchange through cryptocurrency dividends.
. Cryptocurrency's profits are paid to shareholders in the same cryptocurrency in which they are made, which will allow the investor to receive a regular source of income from the portfolio. By owning a single Cryptoshare asset, the investor has access to a wide variety of cryptocurrency benefits throughout the digital economy.
. Cryptoshare holders are also allowed to receive airdrops of new chips when OICs are listed on the LocalCoinswap.

Benefits of Cryptoshare

. DIVIDEND INCOME STREAM LocalCoinSwap decentralizes the most fundamental part of the exchange: the benefits. Cryptoshare holders receive security rights on 100% of the profits from trading on the LocalCoinSwap.
. ACCESS TO A COMPLETE PORTFOLIO FROM THE POSSESSION OF A SINGLE ASSET
Cryptoshare holders benefit from all the cryptocurrencies traded on the exchange, a revenue stream that is referred to as a whole portfolio of digital assets.
. CRYPTOSHARE HOLDERS MANAGE THE EXCHANGE DEMOCRATICALLY IN A LEGITIMACY TEST VOTING SYSTEM
An open source democracy agreement installed in the bloc chain publicly counts votes on issues submitted by users to determine the functioning of the exchange
. CRYPTOSHARE HOLDERS RECEIVE AIR DROPS OF NEW ICO TOKENS LISTED ON THE LOCAL COIN EXCHANGE PLATFORM
LocalCoinSwap provides a listing service for new ICO tokens to be published on the LocalCoinSwap platform or to raise funds before the ICO and before the sale. When new tokens are listed, Cryptoshare holders get an air shipment in advance, as well as access to special offers on new listings.

The world's most inclusive cryptocurrency marketplace

Security

A dedicated full-time security team has been created to protect all vulnerable information at all times. 95% of deposits in cryptocurrency will be stored in offline wallets to minimize potential losses due to hacking. Regular security audits by penetration specialists are planned to ensure that the security system is fully up to date. At the same time, third-party monitoring systems have been implemented for all servers with automatic shutdown mechanisms in the event of detected intrusion.

Simplified tariff structure

LocalCoinSwap only charges commissions to the trading market maker (the operator that advertises its services on the platform). The published price is the price paid, with no withdrawal or deposit charges, and no other secret charges.

Development Overview

The LocalCoinSwap platform is developed through a modular process. The development of the platform has been spread over 5 central systems and approximately 350 features. Each feature is developed individually and then analyzed by the entire development team before inclusion in the main branch of the project repository. Unit tests have been implemented to ensure that no element of the website is affected by the addition of a new feature.

About the token.

Token: LCS
Price: 1 LCS = 0.4 USD
Reward: Available
Platform: Ethereum
Accepting: ETH, BTC, XRP, Fiat
Minimum investment: 0.1 ETH
Soft cap: 500,000 USD
Hard cap: 20,000,000 USD
Country: Hong Kong
Whitelist/KYC: None
Restricted areas: North Korea, Iran, Sudan, Syria

Roadmap.

. December 2015
Incorporation of companies.
. September 2016
The first members of the team are established.
. March 2017
Concept development.
. August 2017
The development of the exchange begins.
. February 2018
PrelCO
Official launch of the white paper.
. March 2018
Pre-sales.
. April 2018 - April 2018
-ICO.
. May 2018 - May 2018
Presentation for the'exchange list'.
. June 2018
Early access to the platform.
. July 2018
First vote of the head of Cryptoshare.
. August 2018
Launch date for the exchange.
. October 2018
Integrated API REST.
. January 2019
Mobile trading application.
. February 2019
Start of dividend distribution

LocalCoinSwap work team

Aapeli Vuorinen - Chief Security Engineer
Nathan Worsley - Technical Director
Thomas Underwood - Chief Financial Officer
Valéri Natanelov - Marketing Manager
Daniel Worsley - Director of Operations
Kevin Sparks - Leading Developer
Taylor Scheel - Blockchain Developer
Yonatan Cohen - UX/UI Designer

Advisors

Mr. David S. Lee - Legal Adviser
Dr. Artem Sergeev - Legal Adviser
Vladimir Ninov - Marketing Consultant
Shaf Zaman - Marketing and Fundraising Advisor
Andrew Bondarevich - Marketing Advisor

Links of interest

Web site: https://www.localcoinswap.com/
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf
Twitter: https://twitter.com/Localcoinswaphttps://twitter.com/Localcoinswap_
Facebook: https://www.facebook.com/localcoinswap/
Vk: https://vk.com/localcoinswap
Github: https://github.com/LocalCoinSwap
Reddit: https://www.reddit.com/user/Localcoinswap/

User: Joelf5
https://bitcointalk.org/index.php?action=profile;u=2100352
Eth: 0xD4A58Da0f837be2c7dC43b3Dea5b4978eEFC36Ce