LocalCoinSwap
LocalCoinSwap is building a P2P cryptocurrency exchange and launching an associated Cryptoshare ICO.
Solution
We are destroying the barriers to entry. LocalCoin Swap is allowing anyone, anywhere in the world, to quickly and easily trade all varieties of crypto assets. This can be done without onerous verification requirements or restrictions on trade. The platform will support any conceivable payment method. If someone wishes to sell an asset for any payment method, and someone wants to take the other side of the trade - then we will facilitate that transaction.
Unlike the traditional centralised monopolistic model of crypto exchanges, we are decentralising the ownership, the profit, and the developmental decision-making process. This allows us to create a community-based platform that represents the needs and wants of the users.
What Has Been Done So Far?
Development on the exchange platform began in August 2017. The main part of the process so far has exclusively focused on the back-end development of the exchange. This has been done to ensure that utmost security has been implemented from day 1. Once the developers finish the final work on the wallet system, a dedicated front-end team is ready to take over and polish up the final aesthetics of the platform. While this is happening a dedicated penetrations testing division will concentrate on ironing out any potential flaws in the server system. A code audit will also be complete prior to public release in August 2018Solution We are destroying the barriers to entry. LocalCoin Swap is allowing anyone, anywhere in the world, to quickly and easily trade all varieties of crypto assets. This can be done without onerous verification requirements or restrictions on trade. The platform will support any conceivable payment method. If someone wishes to sell an asset for any payment method, and someone wants to take the other side of the trade - then we will facilitate that transaction.
Watch moreentire crowdsale with burn of unsold
10%: allocated to a community venture fund, the
use of which is voted on by investors
10%: allocated to the development team (frozen
by contract for 1 year)
5%: allocated to bounty program for community
engagement
5%: allocated to reward program for users who
increase security of the platform
Hard cap 20,000,000 USD