What is LocalCoinSwap?
LocalCoinSwap is building a P2P cryptocurrency exchange and launching an associated Cryptoshare ICO.
LocalCoinSwap features a completely decentralized peer-to-peer trading structure. There are no centralized bank accounts, no verification requirements, and no restrictions on trade.
Furthermore LocalCoinSwap distributes 100% of the sites profits to holders of Cryptoshares on a 1-to-1 basis, through a blockchain-based decentralized dividend application. LocalCoinSwap dividend currencies are the same currencies traded on the exchange. Traders receive regular payments across an entire basket of cryptocurrencies, just from holding one asset.
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 holders receive free airdrops of new ICO tokens listed on the LocalCoinSwap platform, as well as special offers from companies trying to raise pre-ICO funding. Cryptoshare holders can even vote on important decisions in the running of the exchange.
40% bonusDuring the main ICO crowdsale, once each benchmark of $5m USD is reached, all existing Cryptoshare crowdsale investors receive an extra 5% bonus. So if the hardcap is reached the maximum bonus that can be received is 60% for presale investors and 20% for the main crowdsale investors.
Due to our banks policy, LocalCoinSwap requires KYC on all purchases using fiat currency main crowdsale investors.
Mr. David S. LEE - Legal Advisor Senior Lecturer Accounting and Law Hong Kong University
Dr. Artem Sergeev - Legal Advisor
Frank Zhu - Legal Advisor
Vladimir Ninov - Marketing Advisor - MBA
Shaf Zaman - Marketing & Fundraising Advisor
Andrew Bondarevich - Marketing Advisor
George Kimionis - Technical Advisor - Chief Executive Officer and founder of Coinomi Wallet, the largest and most proven phone wallet with support for more than 150 digital assets and zero users funds lost. Technical expertise includes the production and deployment of highly scalable software, implementation of new cryptographic assets, and intrusion resistance.
- Great team with a lot relevant experience
- Very attractive business model with a good dividend token use case
- Cap limits are within a reasonable range
- Professional content and good looking materials
- Have focus on the relevant networks
- More community outreach required
- Heavy competition in exchange markets