Lightcash.io — First fully legally compliant system for operations with cryptocurrencies and fiat money and own crypto coin secured by the real gold.
Pre-Sale Start Date: March 05, 2018 at 12:00PM GMT
ICO Start Date: March 12, 2018 at 12:00PM GMT
What is LightcashThe blockchain-based Lightcash service provides the mechanism for convenient transactions and instant operations both with fiat money and cryptocurrencies.
With this new tool, users can use cryptocurrencies for buying goods which are sold for fiat cash. Transactions can be conducted in many payment terminals and ecommerce websites with low commission.
Here is a full list of Lightcash platform capabilities:
- Online wallet for fiat money and cryptocurrencies.
- Internal exchange with the tools for investments in TOP100 cryptocurrencies.
- Legal exchange of fiat and cryptocurrencies with low commission.
- Variety of payments methods for individuals and business (including contactless
payments and QR codes). - Virtual and plastic cards linked to user’s wallet.
- Replenishment and withdrawal of funds using bank cards issued by popular
payment systems. - Corporate accounts for business.
- SWIFT/SEPA money transfers.
To ensure the stability of the Lightcash system, we are planning to release our own cryptocurrency Lightcash Crypto Gold (LCSH) with low volatility. It will be used for exchanging cryptocurrency and fiat money. Low volatility is achieved by securing the coin to gold in a ratio of 1,000:1. This gold will be extracted from the gold deposits in Russian Federation owned by the owner/partner company which specializes in gold mining and possesses all the necessary licenses.
TokenLightcash ICO will be conducted in accordance with US Securities and Exchange Commission (SEC) requirements. One basic token, LIGHTCASH CRYPTO TOKEN (LCCT), will be issued. We've developed our very own blockchain — the Lightcash Crypto Gold (LCSH) where coins will be tied to gold for use in internal settlements and exchange.
The funds raised via the ICO will be used to purchase the working ore gold deposit in the Republic of Buryatia (Russian Federation). Based on the reserves of this deposit, we will conduct an additional emission of Lightcash Crypto Gold (LCSH).
The price of one gram of gold will be 1,000 LCSH.
This will result in the the total allowable amount of issued LCSH tokens:
Over amount LCCT (100%) will be 210,000,000 tokens. The price of one token is 0,0002 ETH. The token distribution scheme is available below:
- 25% is reserved for the early ICO (30%
discount), March 5, 2018, minimum
purchase amount is 0.1 ETH. - 60% issued via the ICO, starting date is
March 12, 2018.
- 10% generated for the Lightcash
project team. - 5% reserved in Escrow.
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