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.

Official Explainer Video

LocalCoinSwap Details

Blockchain Ethereum (ERC20)
Team Location Hong Kong
First Announced February 6, 2018

Main ICO Details

ICO Start Date Apr 15 | 12:00 am UTC
ICO End Date Jun 15 | 12:00 pm UTC
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 ---------- All unsold tokens will be burnt.

Pre ICO Details

Registration Required
KYC Required
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%

LocalCoinSwap Founding Team

Aapeli Vuorinen

Lead Security Engineer

Nathan Worsley

Chief Technical Officer

Thomas Underwood

Chief Financial Officer

Valéri Natanelov

Chief Marketing Officer

Daniel Worsley

Chief Operating Officer

Kevin Sparks

Lead Developer

Taylor Scheel

Blockchain Developer