LocalCoinSwap is a community-owned peer-to-peer (P2P) exchange for cryptocrurrencies and tokens. It allows users to exchange cryptos with several alternative payment methods while distributing 100% of its profits back to LCS token holders. The LCS token is an ERC20 token based on the Ethereum blockchain, allowing holders to receive part of the revenue generated by the P2P exchange, in accordance with the amount of tokens they hold.

Team:

• Nathan Worsley: Chief Technical Officer 
• Thomas Underwood: Chief Financial Officer 
• Daniel Worsley: Chief of Operations 
• Aapeli Vuorinen: Lead Security Engineer 
• Taylor Scheel: Blockchain Developer 
• Kevin Sparks: Lead Developer 
• Valéri Natanelov: Chief Marketing Officer 
• Yonatan Cohen: UX/UI Designer

Advisors:

• George Kimionis 
• Mr. David S. LEE: Legal Advisor 
• Shaf Zaman: Marketing & Fundraising Advisor 
• Vladimir Ninov: Marketing Advisor 
• Dr. Artem Sergeev: Legal Advisor 
• Andrew Bondarevich: Marketing Advisor 
• Frank Zhu: Marketing Advisor
• Mario Innecco: Financial Advisor 

The LocalCoinSwap ICO began on the 15th of March and will last until the 15th of June. The ICO token supply represents 70% of the total supply and will be available for a 0.0004 ETH base price. The ICO funding target is set at $500,000 and the cap is set at $20,000,000. 

Token Reserve Split (30%):

• 10% Team
• 10% Community Venture Fund
• 5% Bounty
• 5% Security

The LCS ICO features an escrow agent as well as a bonus campaign and bounties.