Saturday, May 26, 2018

What is LocalCoinSwap?


Along with the development of the era, many new things emerging, ranging from small things such as daily necessities to technology that is expected to facilitate the work of humans around the world. In early 2000, we have discovered the future currency technology we now call cryptocurrency, cryptocurrency is a type of digital currency that is expected to facilitate the transactions of everyone around the world, from just sending money overseas, to shopping anywhere You like . In addition, selling and buying cryptocurrency has also become commonplace in this era of globalization. Many of us would rather be merchants than any other job in the real world, as it is considered more profitable and relaxing than any other job. Looking at this prop, we finally released a platform that is expected to help and make traders feel comfortable.

What is LocalCoinSwap?LocalCoinSwap is a decentralized blockchain platform that has high transaction flow rates, but also transparent transaction flow compared to other platforms. Our platform will provide services for buyers and sellers to directly sell and purchase all types of cryptocurrency with various payment methods we provide later, which will make our users more comfortable in trading. By enabling P2P trading from all digital currencies, LocalCoinSwap will return the market to the hands of its users, enabling them to directly trade cryptocurrency using any payment method in any geographical location. Every month, our platform will tell you a few things about our project, from the development of the exchange, the problems we face and will be solved by the voting system by members. Each user will also be able to conduct question and answer process in the forum which of course still in handling our platform. To overcome our website break-ins, we have established a security team, which will patrol continuously, and keep all funds deposited by users, then as much as 95% of the deposits we received will be moved offline to the wallet so it can be safer than saved in online wallets that are prone to break even when security features have been installed. Our platform will only charge a small fee to the market maker, the advertised price is the price paid, with no withdrawal or deposit fees, and no other hidden fees. and keep all funds deposited by users, then as much as 95% of deposits received by us will be transferred to the offline wallet so it can be safer than being stored in a vulnerable online wallet even if security features have been installed. Our platform will only charge a small fee to the market maker, the advertised price is the price paid, with no withdrawal or deposit fees, and no other hidden fees. and keep all funds deposited by users, then as much as 95% of deposits received by us will be transferred to the offline wallet so it can be safer than being stored in a vulnerable online wallet even if security features have been installed. Our platform will only charge a small fee to the market maker, the advertised price is the price paid, with no withdrawal or deposit fees, and no other hidden fees.

WHY WE USE BLOCKCHAIN?

We designed this platform to run using blockchain technology as the basis for our platform development. Because since it first appeared, blockchain comes with a fast and secure online transaction offer and supports all types of data and cryptocurrency. With blockchain technology, the digitization of coins has created cryptocurrency, which is decentralized, trustworthy, and free from intermediaries. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transactions can be maintained and reduce the possibility of data fraud. Blockchain is essentially resistant to the modification of the data involved. Blockchain is public, ledger is distributed from all transactions in a given system. It continues to grow as a finished block (transactional information) is added to it. This data can not be manipulated by the first person or learned from the moment the information is encrypted. The most important of the things that can not be faked by you or others, make my ICO visible to everyone. These blocks are constructed linearly and chronologically through cryptography. We have developed this platform to work with blockchain technology as a basis for developing our platform. Because of the first appearance, this block comes with a fast and secure online transaction offer and supports all types of crypto data and currency. With the help of methods provided by and blockchain, the founders will be able to launch ICO, pre-ICO, and other crowdfunding campaigns. This will provide the founders with many essential services and tools for the successful launch of this type of campaign while ensuring security and credibility using blockchain technology. Blockchains allow data structures that represent invoices to use and serve as tamper proof. This allows all major ledgers to see the state of the invoice with respect to the time. Blockchain is a type of distributed ledger or decentralized database that stores digital transaction records. Rather than having central administrators like traditional databases, distributed ledgers have database networks replicated, synced over the Internet and visible to anyone on the network. With service disintermediation, blockchain has revolutionized all known financial conventions and pioneered new ways of fundraising through the tokenisasi of goods, products, and services. By using blockchain for transactions, the cost will be minimal compared to the current "broker" model which includes payment and currency conversion fees. With TechSpecs, all direct payments to sellers are in a single digital currency. Confidential information may be broadcast to certain colleagues with appropriate permission on the network to maintain complete confidentiality. Such a system is essential when dealing with covert access agreements between the transacting parties. Other than that,


As we can see in the diagram above, we can say that as much as 5% of total supply will be allocated for security bonuses, 70% will be allocated for public sales, 10% will be allocated to Community Venture Fund, 10% will be allocated to the team development, 5% will be allocated to bounty program, as much as 5% will be allocated to the development team.


  • Token Name: LocalCoinSwap
  • Token Symbol: LCS
  • Price per LCS: 0.0004 ETH (1 ETH = 2500 LCS)
  • Total maximum supply of LCS: 100,000,000
  • Available through pre-ICO / presale / ICO 70.000.000
  • Frozen token: 20,000,000

Token burn All not soldPayment currency: ETH, BTC, USDT, BCH, XRP, USD, EUR, GBP, AUD, NZD, CAD & more
Soft seal: 500,000 USD
Hard absolute stamp: 20,000,000 USD
(the remaining token is destroyed)
Community-based bonus structure
Open Source Transparency (public Github)
0x2c524Fe99B79e3Ef06C5109ff17279472f8a9212
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