LocalCoinSwap, A Community Backed Decentralized Market Place!

in #localcoinswap6 years ago (edited)

Hello there. Today I'm going to introduce to you a great pear-to-pear exchange platform which is LocalCoinSwap, This project's ICO is on full motion, has already reached soft cap ahead of their early schedule.

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LocalCoinSwap is basically a decentralized p2p exchange where people can find other people to buy and sell cryptocurrency while the platform will give users the security of an escrow system. People can sell their bitcoins to buyers in different ways to pay for bitcoin on the platform. This may sound like any other exchanges but what is essentially a game-changing move from the LocalCoinSwap team is that the platform will act as an escrow so that the users are in a transaction can feel highly secured. The team leading by pro-traders and some of the very experienced crypto traders over the past few years. Their experience from trading various cryptocurrency has led them to launch this project. The team consists of some of the recognized faces in cryptocurrency world like George Kimionis who is the Chief Executive Officer and founder of Coinomi Wallet, There are so many P2P exchanges but almost none of them give their users to trade or exchange their tokens/coins to other altcoins other than Bitcoin, Ethereum and on some exchanges trading for Litecoin and USDT can be found. LocalCoinSwap will give the users to transact their cryptocurrency for different payment methods.

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Other than that, users will be able to get the dividend from the profit made on the LocalCoinSwap platform at the end of the year. The team will pay dividend to the crypto shareholders in various tokens that are on the exchange. Crypto shareholders can also be part of airdrop campaign whenever there is a new ICO listed on LocalCoinSwap. The processing of using this exchange is really very simple, user-friendly and users can find a deal that best suited him on the exchange. The signup process doesn't have any restrictions or KYC proceedings. After signing up on the platform, users can search a wide variety of cryptocurrency advertise to find a good deal for them. After agreeing on the term traders can make direct payments between them while the crypto asset is on LocalCoinSwap's escrow account! Below is the method that is on their website tells how this works.

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Since it is a community based decentralized exchange, running by the people and the priority to the community comes first whenever it is necessary to make any decision. Their first community vote happened three months ahead of their public sale schedule during the crypto market's volatile situation where Ethereum price was not stable at all. It was a crucial moment for the team as the price of Ethereum was affecting the price of LCS which is LocalCoinSwap's token name. The majority of the community voted for the LCS to be at 0.40 USD per token. So whoever participated in their pre-sale campaign, can be very happy as their tokens are maybe little more valuable now. The LocalCoinSwap team had a target of 500000 USD for soft cap which they reached as soon as they launched their pre-sale! The team has been working on this project for a few years now. They tried to launch their exchange last without launching a crowd sale of tokens but such ambitious projects needed a lot more money than they imagined, also needed a strong marketing effort to attract big private investors, developers. That is why they have launced this ICO. Now the ICO is on the verge of becoming a successful one, the team is dedicated to launch the exchange in this August, 2018. The overview of the exchange is below:

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Why is LocalCoinSwap is different than other peer-to-peer existing exchanges? Well, most of these exchanges are purely based on giving the owner or team members the opportunity make a lot of profits wheres the LocalCoinSwap team says on their website that people may think they LocalCoinSwap team is entitled to do the same as other exchanges but in reality they want to honor the community by giving them the rights to receive 100% profits made on the exchange's inside trades after every fiscal year. The exchange will make this profits through the transaction fees from trades and after a year all the crypto shareholder will get their dividend. This is a very fair ecosystem in a decentralized project.

LocalCoinSwap ICO is divided into two stages like other standard ICOs:

The minimum amount of money that the project creators set initially was $500000 which they gathered in a very short period. Their Hardcap is $20 million. As of writing this blog they have collected $11,781000! Great, huh! There are still 3 days left to buy your share of some shiny opportunities to become a part of this great project.

Token Name: LCS
Price of Token: 0.40 USD
Soft cap: 500 000 USD (Reached)
Hard cap: 20,000,000 USD
Totally released tokens: 100,000,000 LCS
**Al the unsold tokens will be burnt, destroyed. And so the chances of you making a good return off of this is HUGE!

Remember- More safe, More secure! And be sure to leave a feedback in the comment section.

Website: http://www.localcoinswap.com/

Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/

Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2916403

Telegram: http://t.me/localcoinswap/

Facebook: https://www.facebook.com/localcoinswap/

Twitter: https://twitter.com/localcoinswap_

Medium: https://medium.com/localcoinswap/

Reddit: https://www.reddit.com/r/LocalCoinSwap/

Steemit: https://steemit.com/@localcoinswap/

Linkedin: https://www.linkedin.com/company/localcoinswap/

Author's Linkedin: https://www.linkedin.com/in/invincible49/
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1215448

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This Project have it very good future!! i do not want miss to join this

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6381.790$-4.63%-16.08%
ETHEthereum477.931$-6.46%-20.99%
LTCLitecoin94.506$-8.51%-21.64%
USDTTether1.002$-0.4%0.04%

Good ideas from the project, if everything is implemented at the highest level, we will get a decent product that will be in demand in the market

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