LocalCoinSwap - bases its work on peer-to-peer exchanges.


Local Coin Swap is a democratic project that wants to break the cryptocurrency monopoly of a giant exchange and which aims to be accepted by all local legal restrictions, based on its work on peer-to-peer exchanges. Local Swap Coin is wholly owned by the community and therefore distributes 100% of the cost in the form of dividend to the token holder.

PLATFORM
Using a platform every trader can buy cryptocurrency directly without any verification. This platform can not be trusted because, while the transaction is P2P, LocalCoinSwap ensures the parties are working like escrow. Indeed, cryptocurrency was released after payment arrived. Therefore, the LocalCoinSwap platform instantly validates each transaction.

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INVESTATION
How does the LocalCoinSwap token work? Tokens to be released during ICO, called Cryptoshares (LCS), grant the right to receive dividends for the costs collected. During each transaction, there is a fee to pay that includes an escrow service. This fee is paid in the traded crypto currency. 100% of the cost is distributed as dividend every quarter, without any difference to the amount owned. During the ICO launch list, further, the holder will receive some tokens such as bonuses.

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How everyone can understand, LocalCoinSwap exchange will be the most inclusive, fully transparent exchange because with open source contract codes, it is very safe because the escrow system counts on 95% of the funds in cold storage and under a dividend system that prioritizes ICO's initial investment.

ROADMAP
The road map is well defined and very challenging for the team that will launch the platform in June 2018 and in July 2018 will be completed the holder voting system. In August the team will determine the launch date of the exchange and in October 2018 all APIs will be integrated. Finally, at the beginning of 2019 the team will post the official smartphone trading app and token holder of February 2019 will receive the first dividend.


Price Structure of ICO Per LCS: 0.0004 Ethereum (ETH) (1 ETH = 2500 LCS);
Maximum LCS Supply: 100,000,000;
Available Through Pre-ICO / Presale / ICO: 70,000,000;
Token Freeze: All not sold;
Payment Currency received: Ethereum (ETH), Bitcoin (BTC / XBT), Tether (USDT), Bitcoin Cash (BCH), Ripple (XRP), US Dollar (USD), Euro (EUR), British Pound (GBP) Australian Dollar (AUD), New Zealand Dollar (NZD), Canadian Dollar (CAD) & others;
Soft Cap: 500,000 US Dollars (USD)
Absolute Hard Cap: 20,000,000 US Dollars (USD) (token tokens destroyed) [Very Low!];
Bonus Structure: Community-based;
Transparency: Open source (public GitHub);
Use of funds to collect:
Crowdsale Public: a maximum allocation of 70% for investors through all crowdsale with burn of unsold;
Community Venture Fund: 10% is allocated to public venture funds, its use is selected by the investor;
Development Team: 10% allocated to development team (frozen by contract for 1 year);
Bounty Program: 5% is allocated to bounty programs for community involvement;
Security Bonus: 5% is allocated to gift programs for users that enhance platform security.

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The ICO participation system is very interesting. Indeed, participate in presale (in March - hard cap 10 million $), investors will receive 40% discount. Furthermore, who participates in the ICO (in April) will receive a discount in the token to receive 5% every $ 5 million collected up to $ 20 million hard stamp.

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TEAM
Finding a team curriculum is a great testament to the knowledge of the crypto world and its development strategy. Counsel has a high level and ensures project success.

SMART INVESTMENT ANALYSIS
ICOBench and NewsBTC, ranked ICO website, have rated projects with scores of 3.9 / 5 and 3.3 / 5 respectively.
Considering other projects on the market, such as Kucoin (337 million $ capitalization) and Coss (36 million $ capitalization), both exchanges are offering dividends to their token holders, and taking into account the low value of the hard cap (20 million $), I feel comfortable to set ICO 5/5 investment score.

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Disclaimer: this is my personal article in my personal opinion so please do not take it as financial advice.

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ETH: 0x4870A7b246B1C2dF4e6749ac352c8f932B21304e

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