Abstract
LocalCoinSwap (LCS) is a decentralized market that allows buyers and sellers to trade directly in every cryptocurrency that use the method of payment. LocalCoinSwap provides a secure, simple and fast peer-to-peer (P2P) trading platform, which allows users to freely exchange without needing erification requirements or waiting time. The platform uses a secure escrow system that solves the problems inherent trust P2P online trading.
LocalCoinSwap held an event crowdsale LCS Cryptoshares. Cryptoshares is the digital assets that will be used to facilitate distribution of all profits made by the LocalCoinSwap platform, in addition to all of the profits made by entures new business under the umbrella of LocalCoinSwap. Cryptoshare holders will receive over the air from dditionally signs ICO recently registered on the LocalCoinSwap platform.
Platforms that implement the new approach to the traditional corporate ownership by leveraging blockchain technologies to distribute profits to the holder of a site’s overall LCS Cryptoshares. This give the right assets to investors for the payment of dividends on a regular basis in all currencies currencies traded on the platform. Cryptoshare holder may also participate in the long term vision and decision making of the company itself through Democratic voting in stock-proofof system. This is replicate and dividend payment of traditional voting shareholders of the company, with the added benefits of technology blockchain and decentralized.
Funds raised from the event crowdsale will be used to expand and accelerate the development of LocalCoinSwap platforms and an increasing number of cryptocurrencies a platform
able to support the release.
able to support the release.
A centralized Exchange cryptocurrency in its full form with inefficiency, safety
risk, long wait times and meet the requirements of the verification does not make sense. This has resulted in high barriers to entry for a large number of potential users. Also an ethical business practices including trade insiders, front running, and deceptive pricing.
risk, long wait times and meet the requirements of the verification does not make sense. This has resulted in high barriers to entry for a large number of potential users. Also an ethical business practices including trade insiders, front running, and deceptive pricing.
For this problem there is, there will always be demand for P2P market. P2P market provides direct access between buyers and sellers, which is the most correct form of free-market trade.
The future of digital currency ecosystems that depend on the development of a powerful P2P exchanges that support a wide selection of cryptocurrencies. Innovative model of distributed ownership offered by LCS Cryptoshares will bridge this gap in the market, while giving the advantage platform back into the hands of its users. In addition, LocalCoinSwap will be the catalyst for the expansion of the market cryptocurrency by allowing the user to delete all through new barriers to entry.
Display Problems
Cryptocurrencies and other digital assets is revolutionising the financial ecosystem. At 2017 alone digital currency market capitalization all grew by 3171% for 700 billion ($700 billion) USD (source: coinmarketcap.com).
Unfortunately economic growth cryptocurrency has been fraught with friction from the banking system. A hostile regulatory environment and the institutions that conservatives have been shut down merchant accounts and Exchange en masse, spread in the media, and forced
The implementation of verification that the weight had violated the privacy community.
The implementation of verification that the weight had violated the privacy community.
The emergence of cryptocurrencies has created economic opportunities and a great investment. However, many people who remain on the sidelines due to lack of patience or tech-savviness, inefficient and lengthy process of subscribing, and security. Open a trading account with an Exchange can be a very difficult task for the user. A lot of Exchange restricting new account registration or require users to expose themselves to deceit and theft by submitting passport photos and personal documents online. Users are asked regularly to transfer foreign funds to companies in countries with no legal oversight.
There are P2P market is also very fragmented and non-inclusive. Traders who want to buy and
Selling outside the cryptocurrencies some top must Access a centralized foreign exchange and P2P. There is no shortage of one mainstream P2P market which enables
more than one cryptocurrency must be traded for currency simultaneously.
Selling outside the cryptocurrencies some top must Access a centralized foreign exchange and P2P. There is no shortage of one mainstream P2P market which enables
more than one cryptocurrency must be traded for currency simultaneously.
This has created additional costs for heavy users desire is to buy nonmainstream cryptocurrency with fiat money as their starting point, as they have to use more than one Exchange and pay all related the cost to complete their purchases. They also have to pay transaction costs involved in the withdrawal from one market to another. This user not only increases discomfort and wallet software requirements, but also users of exposed platform failure or hacking.
In addition, centralized ownership structure of the company’s mainstream and clandestine Exchange allows a small investment opportunity for individuals. The Exchange had a daily volume in billions of dollars, and investors there has been the mechanism through which they can share in the profits. The giant monopolies that now dominate the currency market cryptocurrency counterintuitively to inefficiencies in the global economy which is a very basic blockchain technology has the ability to solve.
Creating Solutions
Digital ecosystems is here to stay, and major economies began to embrace
ideas of decentralization and the trade is not limited.
ideas of decentralization and the trade is not limited.
LocalCoinSwap represents a return to the most fundamental system of foreign assets without
the reliance on major institutions-trade P2P. By allowing P2P trading digital currencies LocalCoinSwap all will put the market back into the hands of its users, which allows them to trade directly any cryptocurrency who use the payment methods reflected in the geographical location.
the reliance on major institutions-trade P2P. By allowing P2P trading digital currencies LocalCoinSwap all will put the market back into the hands of its users, which allows them to trade directly any cryptocurrency who use the payment methods reflected in the geographical location.
There is currently a gap in the market cryptocurrency that creates demand for unserviced.
Community forums and social media sites where merchants participate, it is common
frustrated that the user is not able to quickly or easily buy non-mainstream cryptocurrencies. The user also repeatedly expressed concern about the transfer of overseas banking and weight verification procedures.
Community forums and social media sites where merchants participate, it is common
frustrated that the user is not able to quickly or easily buy non-mainstream cryptocurrencies. The user also repeatedly expressed concern about the transfer of overseas banking and weight verification procedures.
Infrastructure LocalCoinSwap will close this gap in the market, not only by offering P2P exchanges for all cryptocurrencies, but also ownership of tokenizing the ASX into the hands of its users through the system Cryptoshare the first in the world.
Cryptoshare LCS system uses blockchain technology to mimic the traditional company
ownership through shares in a way that is more secure and decentralized. Much like the issuance of common shares and profits are distributed through dividends, problem LocalCoinSwap Cryptoshares which gives the holder the right to dividends on a regular basis that can be exchanged for Tokens. Unlike traditional financial structures of ownership and dividends LocalCoinSwap hosted entirely in the Organization Blockchain, provide the public administrative and unforgeable ledger of the company’s financial performance.
ownership through shares in a way that is more secure and decentralized. Much like the issuance of common shares and profits are distributed through dividends, problem LocalCoinSwap Cryptoshares which gives the holder the right to dividends on a regular basis that can be exchanged for Tokens. Unlike traditional financial structures of ownership and dividends LocalCoinSwap hosted entirely in the Organization Blockchain, provide the public administrative and unforgeable ledger of the company’s financial performance.
SKB Cryptoshares enables all merchants Exchange to take ownership in their trading platform. Despite the simple nature of this concept, the LocalCoinSwap is the first ever implementation of Exchange where profits are distributed entirely through smart contract Cryptoshare system, with initial launch planned by August 2018.
LocalCoinSwap Cryptoshares
Cryptoshare Review
Cryptoshares LCS are not like traditional ICO Token. Not vague promises as possible
the future returns or idealistic vision who may never on Same to the product, the Cryptoshares give the holder to rights guaranteed for 100% of the total profit from the exchange of Localcoinswap through the cryptocurrency dividends.
the future returns or idealistic vision who may never on Same to the product, the Cryptoshares give the holder to rights guaranteed for 100% of the total profit from the exchange of Localcoinswap through the cryptocurrency dividends.
Cryptocurrency of profit paid to shareholders in the same cryptocurrencies are made, allow investors to receive a stream of regular income portfolio. By holding a
Cryptoshare assets, investors are entitled to a wide range of cryptocurrency profit in the whole
the entire spectrum of the digital economy. Cryptoshare holders are also entitled to receive over the air from new signs when ICO is listed on the LocalCoinSwap platform.
the entire spectrum of the digital economy. Cryptoshare holders are also entitled to receive over the air from new signs when ICO is listed on the LocalCoinSwap platform.
In addition, Cryptoshares LCS gives its holder the right to a voice in the decision making process platform, such as a list of new signs in the direction of the exchange, a new business venture and the consideration of design or functionality to the platform. Cryptoshares in
LocalCoinSwap is more than just a stream of dividends, with your investment becomes an integral part of the future of ASX
LocalCoinSwap is more than just a stream of dividends, with your investment becomes an integral part of the future of ASX
The Protocol behind the LCS Cryptoshare, dividend distribution and voting token is provably can be achieved with existing technology and does not require any fundamental advances in Blockchain technology to implement. The focus is on the Cryptoshare development of utilities directly provides to users rather than aiming to be a disruptive technology.
At the end of each financial period, the advantages for all cryptocurrencies is calculated and published publicly before distributed back to the CLEARANCE holder Cryptoshare. Dashboards that are available on the platform of LocalCoinSwap detailing the date, quantity, and distribution details for the current period.
To claim dividends ETH BTC, BCH, DASH, etc., or Cryptoshares, the holder of Monero LCS
automatically be entitled to claim a dividend token ERC20 on 1-1 basis according to their
ownership Cryptoshares. After claiming a token dividend, the holder can use the token to digitally sign the message containing the address of their wallets for the currency they wish to claim. They then broadcast a message token back to the dividend and LocalCoinSwap’s decentralization of contract address, at which point the currency of dividend is transmitted automatically to each purse. In addition, Token dividend can be switched directly to the user’s account on the wallet balance LocalCoinSwap platform.
automatically be entitled to claim a dividend token ERC20 on 1-1 basis according to their
ownership Cryptoshares. After claiming a token dividend, the holder can use the token to digitally sign the message containing the address of their wallets for the currency they wish to claim. They then broadcast a message token back to the dividend and LocalCoinSwap’s decentralization of contract address, at which point the currency of dividend is transmitted automatically to each purse. In addition, Token dividend can be switched directly to the user’s account on the wallet balance LocalCoinSwap platform.
Because of this, it had no obligation to redeem the income portfolio to cryptocurrency
personal wallet LCS holder, and the user might otherwise hold on to evidence their dividends, choose to redeem their funds at a later date, or even liquidate token through sales from the market. LCS dividends token so that it can act as a substitute for cryptocurrency the whole portfolio, without forcing users to deal with the process of setting up some cryptocurrency wallet.
personal wallet LCS holder, and the user might otherwise hold on to evidence their dividends, choose to redeem their funds at a later date, or even liquidate token through sales from the market. LCS dividends token so that it can act as a substitute for cryptocurrency the whole portfolio, without forcing users to deal with the process of setting up some cryptocurrency wallet.
Dividends And Voting Token
The advantage of the Exchange is calculated and distributed at the end of each fiscal period. Total issuance of dividends and voting token will be equal to the total supply of LCS Cryptoshares. This token is then given to the holder of the Cryptoshares LCS in the ratio 1-1.
When dividends and voting token redeemed them destroyed by their contract
broadcast to to prevent dangerous attempts to claim the extra funds or to manipulate the vote. LocalCoinSwap free hold contracts issued Cryptoshares (such as gifts of security or Venture Fund contract) automatically burn all the evidence of their sound being issued.
broadcast to to prevent dangerous attempts to claim the extra funds or to manipulate the vote. LocalCoinSwap free hold contracts issued Cryptoshares (such as gifts of security or Venture Fund contract) automatically burn all the evidence of their sound being issued.
Currencies Are Offered As Payment Of Dividend
LocalCoinSwap will launch with as much cryptocurrencies the most frequently traded as a development
time allows. The initial launch aims to at least cryptocurrencies 10. The
the platform will add new cryptocurrencies constant at a level to cover most of the
market cryptocurrency.
time allows. The initial launch aims to at least cryptocurrencies 10. The
the platform will add new cryptocurrencies constant at a level to cover most of the
market cryptocurrency.
SKB Cryptoshares will give you the user to choose in the list of priorities of the new currency through
contracts direct democracy voting tokens they use.
contracts direct democracy voting tokens they use.
LocalCoinSwap admitted that the economy is changing the environment cryptocurrency
with new assets appear on a regular basis. Actively involved with the holder of the Cryptoshares,
LocalCoinSwap will apply the community wants to trade.
with new assets appear on a regular basis. Actively involved with the holder of the Cryptoshares,
LocalCoinSwap will apply the community wants to trade.
Through The Air The New ICO Token Listings
LocalCoinSwap provides a new ICO service token to allow them to start on the list LocalCoinSwap platform or enhance pre-ICO and presale funds.
Requirements for new ICO Token list is that the holder of the LCS Cryptoshares receive airdrop proportion some of new signs in advance. Over the air is distributed automatically via the same mechanism as dividends and voting Token.
Special requirements for new ICO Token to the list on LocalCoinSwap platform will be decided through the evidence of voting system.
Requirements for signs of new ICO wants to increase funding for the pre-ICO is LocalCoinSwap that the user and Cryptoshare holder should be entitled to a special discount offerings.
The expansion of LocalCoinSwap gives a complete list of services for new efforts to
do pre-ICO, ICO and presale is a fundamental priority for the development of the platform after the initial launch.
do pre-ICO, ICO and presale is a fundamental priority for the development of the platform after the initial launch.
Who Is Behind LocalCoinSwap?
LocalCoinSwap led by Aapeli Vuorinen (Lead Security Engineer), a data analyst, white hat hackers, and the developer of stack full of 10 + years of experience.
Other key members of this team were 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 headquartered in Wan Chai, Hong Kong. The company was founded in the year 2015.
ICO ICS LocalCoinSwap Conclusions
LocalCoinSwap websites of mention that “this is how the Exchange should be built. ” the goal is to create a better crypto exchanges which solves the problem of centralized and decentralized exchanges at this time. This is “kriptocurrency decentralized market most inclusive in the world.”
To learn more about this project, visit online today at LocalCoinSwap.com. ICO to LCS platform Cryptoshares launched in mid March 2018.
Contact
The developers can be contacted using the links below:
WEBSITE: http://www.localcoinswap.com/
TELEGRAM: http://t.me/localcoinswap/
MEDIUM: https://medium.com/localcoinswap/
FACEBOOK: https://www.facebook.com/localcoinswap/
TWITTER: https://twitter.com/localcoinswap_?lang=en/
LINKEDIN: https://www.linkedin.com/company/localcoinswap/
STEEMIT: https://steemit.com/@localcoinswap/
REDDIT: https://www.reddit.com/r/LocalCoinSwap/
WHITE PAPER: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/
TELEGRAM: http://t.me/localcoinswap/
MEDIUM: https://medium.com/localcoinswap/
FACEBOOK: https://www.facebook.com/localcoinswap/
TWITTER: https://twitter.com/localcoinswap_?lang=en/
LINKEDIN: https://www.linkedin.com/company/localcoinswap/
STEEMIT: https://steemit.com/@localcoinswap/
REDDIT: https://www.reddit.com/r/LocalCoinSwap/
WHITE PAPER: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/
Bitcointalk Username: KidsJamanNow
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879
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