What is it?

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 Details

Market Cap $4,058,496
Volume 24H $459,896
Blockchain Ethereum (ERC20)
Circulating Supply 40,053,747 LCS
Total Supply 72,732,420 LCS
Team Location Hong Kong
First Announced February 6, 2018

LCS Charts

Charts by

Pre-ICO Details

Status | Pre-Sale Ended
Pre-ICO Start Date Mar 15 | 12:00 am UTC
Pre-ICO End Date Mar 31 | 12:00 pm UTC
Contribution Size Min: 0.1 ETH
Pre-ICO Conversion

1 LCS = 0.0004 ETH

Pre-ICO Bonus

40%

Project Details

Status | Crowdsale Ended
ICO Start Date Apr 15 | 12:00 am UTC
ICO End Date Jun 15 | 12:00 pm UTC
Total Raised $12.15MM USD
Soft Cap $500,000 USD
Hard Cap $20,000,000 USD
Contribution Size Min: 0.1 ETH
Total Supply 100,000,000 LCS
Investor Supply 70,000,000 LCS
ICO Conversion

1 LCS = 0.0004 ETH

Bonus Structure

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.

Supply Distribution

70% Crowdsale*
10% Development Team
10% Community venture fund
5% Bounty
5% Security
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All unsold tokens will be burnt.

ICO Countries Not Allowed

The following countries were not allowed to participate in the crowdsale:

  • Afghanistan
  • North Korea
  • Sudan

LocalCoinSwap Founding Team

Registered Company Name

Digital Assets Management Ltd

Registered Country

Hong Kong SAR China

Number of Team Members

11-20 Employees

Aapeli Vuorinen
Aapeli Vuorinen

Lead Security Engineer

Nathan Worsley
Nathan Worsley

Chief Technical Officer

Thomas Underwood
Thomas Underwood

Chief Financial Officer

Valéri Natanelov
Valéri Natanelov

Chief Marketing Officer

Daniel Worsley
Daniel Worsley

Chief Operating Officer

Kevin Sparks
Kevin Sparks

Lead Developer

Taylor Scheel
Taylor Scheel

Blockchain Developer