• Cryptocurrency
  • Exchange
  • Investment

Local Token Exchange 3.5/5 (1) - Token

What is Local Token Exchange? Local Token Exchange was born out of a shared vision to develop a more efficient global financial system. We love the flexibility of trading in multiple cryptocurrencies, but we were fed up with the inefficiencies of centralised exchanges. So we created Local Token Exchange to integrate the best of a P2P decentralised exchange with the deep liquidity of a centralised exchange, which makes trading faster, easier, more secure and gives the token holder a share in the profits. Our Approach Given the success of other P2P exchanges such as LocalBitcoins and Xcoins, we plan to capitalize on the growth of the market opportunity that exists for a multicoin...

Token sale ends in:

3.5
Hype5.0
Security3.0
Team3.0
Vision3.0
  • Token: LTE
  • Price: 1 ETH = 2,286 LTE
  • PreICO start: 30 Jul 2018
  • PreICO end: 30 Aug 2018
  • ICO start: 31 Aug 2018
  • ICO end: 30 Dec 2018
  • Country: Spain
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What is Local Token Exchange?

Local Token Exchange was born out of a shared vision to develop a more efficient global financial system.
We love the flexibility of trading in multiple cryptocurrencies, but we were fed up with the inefficiencies of centralised exchanges. So we created Local Token Exchange to integrate the best of a P2P decentralised exchange with the deep liquidity of a centralised exchange, which makes trading faster, easier, more secure and gives the token holder a share in the profits.

Our Approach

Given the success of other P2P exchanges such as LocalBitcoins and Xcoins, we plan to capitalize on the growth of the market opportunity that exists for a multicoin P2P decentralised exchange.

Local Token Exchange will offer:

  • The possibility to trade a comprehensive range of cryptocurrencies
  • Combined with the deep liquidity normally offered only in centralised exchanges
  • Fast and easy KYC/AML verification process
  • Transparency
  • Pay regular dividends
  • Future cryptocurrencies by allowing ICO airdrops

This innovative model will give traders the perfect space to transact the vast majority of their trades, whilst allowing them to participate in the success of Local Token Exchange’s business with regular dividends for token holders.

The Problem

Centralised cryptocurrency exchanges in their current form are fraught with inefficiencies. There are long wait times, security risks and time consuming verification requirements as well as high barriers to entry for a large proportion of potential users, especially novices.

Solution

P2P marketplaces and exchanges provide direct access in a decentralised way to connect buyers and sellers directly, which represents the truest form of free market trading. The future of the digital currency ecosystem relies on the development of robust P2P decentralised exchanges that support a diverse range of cryptocurrencies and at the same time provide traders with sufficient liquidity, a significant feature of the best centralised exchanges. The innovative distributed ownership and business model offered by Local Token Exchange will bridge the gap in the market, whilst delivering the majority of the profits of the platform directly into the wallets of token holders and users.

By harnessing the free market aspects of the Peer-to-Peer model and enhancing with the liquidity from centralised exchanges, Local Token Exchange will become a force in the cryptocurrency exchange space.

Team

Pablo Perez Wlasiuk

Co-Founder & CMO

Joe Haslam

Co-Founder

Phil Wombwell

Sales Director

Oleg Abrosimov

Blockchain & Smart Contracts

Anastasiia Chikina

Social Media Manager

Angel Garner

Administrator

Milestones

  • Q2 2017
    Inception of the idea
  • Q3 2017
    Local Token Exchange Development Starts
  • Q2 2018
    White Paper Completed Website Launched Private Sale
  • Q3 2018
    Pre-ICO ICO LTE Private Beta on Testnet
  • Q4 2018
    LTE Launch on Mainnet
  • Q1 2019
    First dividends payments API Release
  • Q2 2019
    LTE App Release Translation to Spanish, French, Chinese, Korean
  • Q3 2019
    Achieve 100,000 registered users

Token

  • Platform: Ethereum
  • Price: 1 ETH = 2,286 LTE
  • Accepting: ETH
  • Token distribution: 58% - Token Sale 25% - Dividend Reserve 12,5% - Team 2,5% - Advisors 1% - Bounty 1% - Airdrop
  • Soft cap: 1,000,000 EUR
  • Hard cap: 19,490,900 EUR

Proof Points
3/5

Legal entity

Registered Address: Local Token SL , Malaga B93548030

https://portal.kyckr.com/companySearchResults.aspx

Prehistory of project

According to the roadmap, first activities for project were at Q2 2017.No prehistory of the were foundproject 

Product or its MVP

No MVP were found at the moment

Blockchain experience

СO – Founder Joe Haslam – Advisor at Bright Network

 

Advisor Pierre Proner – CEO and CO-Founder at Bright Network

Escrow

No Escrow information were found

Comments

Update 02/08/2018

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