In this era of the advancement of technology, financial system become one of the most important things in our daily life. Aand come along with that, the financial ecosystem has grown faster than before and many developments have been made to support financial ecosystem.
But, in the other side, the growth of financial ecosystem especially on the sector of cryptocurrency, also bring us some problem that needs to be solved quickly. The peer to peer (P2P) system still highly fragmented and not accessible to all kind of users. And this is where the LocalCoinSwap takes a part, to overcome that problem of a crypto ecosystem.
Meet the LocalCoinSwap
In the existing model of the crypto platform, there is a need to change the existing paradigm of the crypto platform. From centralized system become a decentralized system. And the company of LocalCoinSwap, proudly introducing their platform.
LocalCoinSwap is will bring us to the model of the platform where the market of crypto will be given back into the hands of the users, and enable them high directly access to any trade of cryptocurrency by using any conceivable payment method in any geographical location.
Besides that, LocalCoinSwap is built up with the mission to help all kind of users whether they are professional or mainstream users to entering the market of the crypto world. And that's why the LocalCoinSwap is representing the very fundamental system of assets exchange without reliance on the common institutions, the Peer to peer Trade System.
Introducing the LocalCoinSwap Token
For all the platform that based on cryptocurrency world, it's very necessary for them to have a medium currency that will be used to make all the transactions within their platform. And so does with LocalCoinSwap platform.
The token of LocalCoinSwap can be known as a LocalCoinSwap token or LCS token. It's a utility token that built up based on ERC 20 Ethereum Standard. One of the LCS tokens will be equal as 0.40 USD. The total supply of LCS is 100.000.000, but the allocation of the token that will be available for pre-sale is just 70.000.000 token.
The 70% of the token, will be allocated to the investors through the entire crowdsale with a burn of unsold. 10% of the token will be allocated to a community venture fund, the use of which is voted on by investors. The other 10% will be allocated to the development team.
The other 5% will be allocated to the bounty program. and the last 5% will be allocated to rewarding the users who increasing the security of the platform. And also, the company of LocalCoinSwap said, that there will be no additional token after all the token sold in the ICO.
LocalCoinSwap’s Team and Community
LocalCoinSwap is started by a team of qualified cryptocurrency and financial expert and enthusiast. And the idea of LocalCoinSwap Platform is born from their own needs and wants. The team of LocalCoinSwap is led by Aapeli Vuorinen that is known by his outstanding experience in data analysis and full stack developer.
Under his leadership, all the decision-making process that happens within the team is taking based on democratic and vision shared by all members of the team. And they strongly believe, in the success of their company they also will look forward to partnering with the cryptocurrency community as they work together to strengthen the digital economy.
Links:
Website
Whitepaper
ANN Thread
Facebook
Twitter
Telegram
Author:
Ashadiya_
ETH Address: 0xf6C481e9bf059DB0a38b876Ab893D11e31C338E3