LOCALCOINSWAP:A DECENTRALIZED CRYPTO MARKETPLACE, OWNED BY COMMUNITY

osakuni (40)in #localswapcoin • 6 years ago

The growth of eCommerce in today's society is unrivaled by most disruptive technology industries. The complete digitization of buying and selling has made companies like Amazon and eBay to record massive sales each year. Although, there's much revenue in online commerce, it's still minute when compared to the market volume of offline commerce. In fact, offline commerce accounts for about 25 trillion of dollars. It's no surprise that mega eCommerce companies like Amazon are investing billions of dollars in the acquisition of offline stores that will link with its online platform. Yes, the market is largely untapped, as it lags behind in technology due to the amount of time and complexity involved in introducing new technologies. In addition, it is extremely difficult to get customer data in offline commerce, and this makes it impossible to track the effectiveness of their adverts. On the other hand, online commerce can track the rewards and information of its adverts via its customer's data. To curb these inefficiencies, the Carry Team that the incorporation of blockchain technology and it's innovative platform in the offline market, will enable it to surpass its challenges.

What is LOCALCOINSWAP?
Simply put, LocalCoinSwap (LCS) is a decentralised marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verification requirements or waiting times. The platform utilises a secure
escrow system that solves the inherent trust issues of online P2P trading.

LOCALCOINSWAP MECHANISM

LCS Cryptoshares are not like traditional ICO tokens. Instead of a vague promise of possible
future returns or idealistic visions which may never eventuate into product, Cryptoshares entitle the holders to guaranteed rights to 100% of the total profits from the Localcoinswap exchange through cryptocurrency dividends.

Cryptoshare holders are also entitled to receive airdrops of new tokens when ICO’s are listed on
the LocalCoinSwap platform.

How it work::

Furthermore, LocalCoinSwap will launch with as many of the most traded cryptocurrencies as development time allows. The initial launch aims for a minimum of the leading 10 cryptocurrencies. The platform will add new cryptocurrencies at a constant rate in order to encompass the majority of the cryptocurrency market.

Cryptoshare ICO Issuance:

Platform overview

Development on the LocalCoinSwap platform began in August 2017 and is estimated to be ready or initial release by the end of August 2018. The platform borrows the best elements and features of existing platforms but has been redesigned with an enhanced focus on user experience, coin additions and incorporation of social media interactivity.

Roadmap