Press Release

LocalCoinSwap – The only exchange that distributes 100% of profits back to token holders

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Now cryptocurrency is quite popular in the virtual world. Since the cryptocurrency system was introduced in the world, digital currency investment is a hot topic to discuss. The reason why cryptocurrency is interesting is the decentralized system of cryptocurrency, unlike most centralized currencies. In a decentralized system, there is a way that can be relied upon to store data of previous transactions without the help of a central bank that controls everything.

In addition, digital currency is very popular as an investment vehicle because the value of digital currency is growing in value. Throughout 2017, the value of cryptocurrency jumped terrible to exceed US$ 600 billion. Digital currency is also popular with its global and rapid transactional characteristics where transactions occur instantly and securely as the system is equipped with public cryptographic security as well as every individual involved in it is free to use cryptocurrency. With the adventages of cryptocurrency, so LocalCoinSwap opens up the cryptocurrency to cryptoshare holders in everywhere which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe,uncomplicated and fast peer-to-peer (P2P) trading platform, the only exchange that distributes 100% of profits back to token holders, allowing users to freely exchange without unnecessary verifcation requirements or waiting times.

What is LocalCoinSwap?

The core development philosophy for the LocalCoinSwap platform is: safe, easy, enjoyable. LocalCoinSwap (LCS) is a decentralised marketplace which allows buyers and sellers to trade directly in any cryptocurrency using any method of payment. LocalCoinSwap provides a safe, uncomplicated and fast peer-to-peer (P2P) trading platform, allowing users to freely exchange without unnecessary verifcation requirements or waiting times. The platform utilises a secure escrow system that solves the inherent trust issues of online P2P trading.

LocalCoinSwap aims to offer trading on the majority of cryptocurrencies and digital assets to beneft the greatest number of users. The platform will open in stages due to development budget, opening with the widest possible selection of coins and continuously integrating more. When there is uncertainty as to whether certain crypto assets should be implemented, or the order in which cryptocurrencies should be implemented, a vote amongst Cryptoshare holders will take place.

LocalCoinSwap Cryptoshares

LCS Cryptoshares are not like traditional ICO tokens. Instead of a vague promise of possible future returns or idealistic visions which may never eventuate into product, Cryptoshares entitle the holders to guaranteed rights to 100% of the total profts from the Localcoinswap exchange through cryptocurrency dividends.

Cryptocurrency profts are paid to shareholders in the same cryptocurrencies in which they are made, allowing the investor to receive a regular stream of portfolio income. By holding a single Cryptoshare asset, the investor is entitled to a wide variety of cryptocurrency profts across the entire spectrum of the digital economy. Cryptoshare holders are also entitled to receive airdrops of new tokens when ICO’s are listed on the LocalCoinSwap platform. In addition, LCS Cryptoshares entitle the holder to voting rights in the platform’s decisionmaking process, such as the listing of new tokens on the exchange, the direction of new business ventures and design considerations or functionalities for the platform. Cryptoshares in LocalCoinSwap are more than just a stream of dividends, by investing you become an integral part of the future of the exchange itself.

How LocalCoinSwap Works?

At the end of each fnancial period, profts for all cryptocurrencies are calculated and published publicly before being distributed back to LCS Cryptoshare holders.

To claim dividends such as ETH, BTC, BCH, DASH, ETC, or Monero, the holders of LCS Cryptoshares are automatically entitled to claim ERC20 dividend tokens on a 1-to-1 basis according to their holdings of Cryptoshares. After claiming the dividend tokens, holders can use the token to sign a message containing their wallet addresses for the currencies they wish to claim. They then broadcast the message and dividend tokens back to LocalCoinSwap’s decentralised contract address, at which point the dividend currencies are transmitted automatically to their respective wallets. Alternatively, the dividend tokens can be redeemed directly into the wallet balances of user accounts on the LocalCoinSwap platform.

Cryptoshare ICO

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

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.

LocalCoinSwap Trading Platform

Development on the LocalCoinSwap platform began in August 2017 and is estimated to be ready for initial release by the end of August 2018. The platform borrows the best elements and features of existing platforms but has been redesigned with an enhanced focus on user experience, coin additions and incorporation of social media interactivity.

Cryptoshare ICO Issuance

Token sale ends midnight June 15th, Get in early for higher bonus



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Author
Bitcointalk Profile: Pixmartz
ETH Address: 0xa38370065430E1c101A339f0c779D52685c754D7


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