LocalCoin was designed to provide a full-service platform to launch a decentralized bank,decentralized trading, social networks and prediction markets through its unique offering. Thekey feature of LocalCoin is that it has brought decentralization to a new level; our platform isnot only decentralized at a technical level but also with surefire strategy.
To achieve this, LocalCoin allows users to freely set their own smart contracts and exchangedigital assets on their terms in an open source, secure, fast and truly decentralized processdirectly on the blockchain. Our goal is not to compete with other exchanges, but rather to startfrom where their offerings end.
What makes LocalCoin different ?
LocalCoin is owned and run by everyone. We built a decentralized community and technologiesthat enable you to build a trustworthy reputation on your online journey. Besides meeting theideological criteria for a decentralized exchange, LocalCoin is user friendly, democratic andrewarding.
Multi-Purpose Super Wallet
LocalCoin utilize a super wallet that supports asset management, self-service transactions,payment, secure chat, social media and more.
Few things are more critical for widespread adoption than a successful user experience. Asmentioned earlier, an attractive and usable UI (User Interface) is often overlooked by themajority of blockchain technology projects. In recognizing this, LocalCoin has entrusted itsfrontend design to one of the best design company in the industry. Traders will be able to useand experience a great, intuitive UI.
A decentralized system must be responsive to the needs of a decentralized community withoutsurrendering the ideals of decentralization. To achieve this, LocalCoin uses a decentralizedgovernance voting system.
Network growth through rewards
LocalCoin has an advanced referral program built directly into its software. Financial networksderive their value primarily from their network effect: more people on the same networkincreases the value of that network for everyone. LocalCoin capitalizes on this by rewardingthose who sign up new users, and does so in a fully transparent and automated way.
No More Addresses
In LocalCoin, we have separated the permissions from the identity. Hence, as an exchangeyou don’t need to ever deal with addresses again. In fact, you actually cannot possibly use an address because they only define so called authorities that can control the funds (or theaccount name). This should greatly simplify integration as you don’t need to store thousandsof addresses and their corresponding private keys.
What does our token (LLC) stand for?
Our token serves as reward for users who decide to invest early on a project before acceptanceinto the community. These pre-investments can only be made with our LocalCoin token.Therefore, LocalCoin tokens are necessary to later get 25% more tokens on the pre investmentsof ICOs made via our platforms. If the project goes live, the user can invest with other differenttokens.