Batu Permata: LocalCoinSwap

Decentralized Cryptocurrency Marketplaze

What is LocalCoinSwap?

LocalCoinSwap (LCS) is a decentralized marketplace which allows buyers and sellers to tradedirectly in any cryptocurrency using any method of payment. provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verification requirements or waiting times. The platform utilises a secure escrow system that solves the inherent trust issues of online P2P trading.

LocalCoinSwap is holding a crowdsale event of LCS Cryptoshares. Cryptoshares are a digital asset made by the LocalCoinSwap platform, in addition to all profits made by Local Business Coins umbrella. Cryptoshare holders will additionally receive airdrops of new ICO tokens listed on the LocalCoinSwap platform.

The platform implements a novel approach to traditional company ownership by LCS Cryptoshares LCS Cryptoshares.

How It Works?

1. OPPORTUNITY

Thanks to LocalCoinSwap, traders can purchase any cryptocurrency directly

2. SIGN IN

Simply sign up to LocalCoinSwap, instantly, and without unnecessary verification requirements

3. EXPLORE

Search a wide variety of cryptocurrency ads for the best deal

4. TRADE

Agree on the payment method and enter into a trade

5. TRUSTLESS TRANSACTION

LocalCoinSwap holds the cryptocurrency in escrow while direct payment is made between traders

6. COMPLETE TRADE

Once payment arrives the cryptocurrency is released to the buyer, and the trade is complete

Directly trade any cryptocurrency, using any conceivable payment method, in any geographical location

COMMUNITY FOCUSED

Dedicated support team, integrated social media features

COMMUNITY OWNED

100% of profits distributed to users through the blockchain

DEMOCRATICALLY OPERATED

Operated through voting in a proof-of-stake system

WORLD’S MOST INCLUSIVE EXCHANGE

Instant signup, no verification & no restrictions

COMPLETE TRANSPARENCY

Public financial announcements, open-source contract code

EXTENSIVE COIN COVERAGE

More cryptocurrencies than any other peer-to-peer exchange

CUTTING-EDGE SECURITY

Multi-signature transactions. 95% of funds in cold-storage

INTRINSIC TOKEN UTILITY

Dividend profits in multiple currencies. Airdrops of new ICO tokens

Problem and Solution

The cryptocurrency economy is currently filled with giant monopolies

LocalCoinSwap is the world’s most inclusive exchange. There is no discrimination, instant signup, and no verification required. The trading interface is safe, easy, and fun.

The only available exchanges exclude many users and are unsafe or difficult to use

LocalCoinSwap distributes 100% of the sites profits to holders of Cryptoshares on a 1-to-1 basis, through a blockchain-based decentralized dividend application.

Existing P2P marketplaces support only a minuscule number of cryptocurrencies and payment methods

LocalCoinSwap features a completely distributed peer to peer trading system. There are no centralized bank accounts, no verification requirements, and no restrictions on trade.

Dominant exchanges suffer from centralized banking and trading restrictions

LocalCoinSwap will open with a minimum of the 10 most traded cryptocurrencies, expanding continuously to integrate more. The funds raised in the crowdsale are being used to increase the selection of currencies supported at launch.

Cryptoshare Benefits

DIVIDEND INCOME STREAM

LocalCoinSwap decentralises the most crucial part of the exchange: the profits. Cryptoshare holders receive guaranteed rights to 100% of the profits from trades on the LocalCoinSwap exchange.

ACCESS TO AN ENTIRE PORTFOLIO FROM HOLDING A SINGLE ASSET

Cryptoshare holders receive profits in all of the cryptocurrencies traded on the exchange, an income stream denominated across an entire portfolio of digital assets.

CRYPTOSHARE HOLDERS RUN THE EXCHANGE DEMOCRATICALLY IN A PROOF-OF-STAKE VOTING SYSTEM

An open source democracy contract hosted on the blockchain publicly tallies votes on user-submitted issues to decide the operation of the exchange

CRYPTOSHARE HOLDERS RECEIVE AIRDROPS OF NEW ICO TOKENS LISTED ON THE LOCALCOINSWAP PLATFORM

LocalCoinSwap provides a listing service for new ICO tokens to allow them to launch on the LocalCoinSwap platform or raise pre-ICO and presale funding. When new tokens are listed Cryptoshare holders receive an advance airdrop, as well as access to special offers on new listings.

General Overview

TOKEN CODE

PRICE PER LCS

0.0004 Ethereum (ETH) (1 ETH = 2500 LCS)

LCS MAXIMUM TOTAL SUPPLY

100,000,000

AVAILABLE THROUGH PRE-ICO/PRESALE/ICO

70,000,000

TOKEN FREEZE

All unsold

PAYMENT CURRENCIES

Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum Classic (ETC), US Dollar (USD), Euro (EUR), British Pound (GBP), Australian Dollar (AUD), New Zealand Dollar (NZD), Canadian Dollar (CAD) & more

SOFT CAP

500,000 US Dollar (USD)

ABSOLUTE HARD CAP

20,000,000 US Dollar (USD) (remaining tokens destroyed)

BONUS STRUCTURE

Community based

TRANSPARENCY

Open source (public GitHub)

Allocation of shares

The Market Place

More cryptocurrencies, more payment methods

LocalCoinSwap will offer a wider selection of cryptocurrencies than any existing peer-to-peer exchange.
LocalCoinSwap will offer all conceivable payment methods for purchasing or selling, including custom options added by the community.

Community-focused, community-owned

LocalCoinSwap incorporates social media interactivity into the trading platform, with custom user profiles, friend lists, achievement badges and special awards.
Cryptoshare holders run the exchange together in a proof-of-stake voting system. Vote on additions of digital assets, site updates, new business ventures, and more.

Safe, secure, and hassle-free

Multi-signature transaction options available for supported currencies.
95% of site funds kept in offline cold-storage wallets.
Scenario-tested escrow system and global support team creates trustless trades between users.
Interactive feedback and trust system promotes hassle-free trading.

The Roadmap