Happy Thanksgiving from Mamaecrypto

Stopping by today to wish each one of you a Happy Thanksgiving. I thank you for being part of my crypto journey and with that being part of crypto family. Wish you all the best!

Love, MamaeCrypto

Local Token Exchange (LTE) Review - A Crypto decentralized exchange that will receive airdrop tokens

            For the title of this review I almost hid the word Exchange in fear nobody will read this article, but I insist you stay and continue the read. We all know that a new crypto exchange is popping on the web space every minute or so but the Local Token Exchange (LTE) Project has few competitive advantages that will set this exchange apart. First, decentralization with deep liquidity. Secondly dividends to token holders derived from exchange profits. Thirdly and most importantly it will enable users to receive airdrop tokens as well as offer a large number of tradable pairs which is certain to attract a huge wave of airdrop and bounty participants. Creating a niche in this competitive marketplace is a positive strategy and creating a comfortable ambiance for airdrop and bounty participants as well as other serious investors is what the Local Token Exchange plans to do

Let’s look at each competitive advantage in more detail:

Decentralization: When I think of a decentralized p2p exchange my mind simply travels back to history to a the Feudal times before monetary systems even existed and people simply traded goods. It is basically two people going about doing their trade but this day and age that can be done with anyone around the world without the inconveniences of middleman. It just a tool that enables you to do complete your trade transactions. Local Token also plans to go a step further than other decentralized exchanges offering deep liquidity for the security of its investors.

Dividends: Holders of LTE tokens will be eligible to receive dividends from the Local Token Exchange. Every 6 months 70% of profits will be distributed to all LTE holders at equal weight, so if you hold 1% of supply you will receive 0.7%. 

Airdrops and Quantity of Pairs: The Local token Exchange is the first exchange I know to open its doors to new tokens generated from airdrops and bounty campaigns, and that truly sets this exchange apart. As an campaign participant this will save me quite a lot of time since the user of this exchange platform will be able to receive the airdrop tokens directly into the exchange wallet. And as mentioned in the LocalToken White Paper: “ When new ICO’s are listed on our platform, all Local Token exchange LTE Token holder will receive a representative amount of that token in return of each LTE Token they hold.” Really, it couldn’t get any better than this! But it does since the exchange plans to offer a large range of cryptocurrency and pairs facilitating the trade process for those looking to trade fresh new tokens.

The team consist of 10 members and 6 advisors with high qualifications and below I will give you few specifications about the project and token.

Roadmap as of today:
Q3 2018 - Pre-ico and ICO Stage LTE Private Beta on Testnet
Q4 2018 - LTE Launch on Mainnet
Q1 2019 - First Dividend payment & APi Release 
Q2 2019 - LTE App Release, Translations
Q3 2019 - Achieve 100,000 users

Distribution
1% Airdrop/Bounty
3% Advisors
13% Team
25% Dividend Reserve
58% Token Sale

Revenue forms: Trading fees, Escrow fees, Withdrawal fees, Ico and airdrop listing

Tokens Available: 14,650,000
Maximum Funding Cap: 3,000,000 euro

Base price set at: 1ETH = 2,286 LTE

The Pre-ico starts on July 30th 2018 and ends August 30th 2018 Bonus depending on contribution. ICO Starts August 31st to September 10th 2018. Bonus of 10% will be offered until September 5th 2018. Soft cap is 1,000,000 euro and hard cap 19,490,900. In the event soft cap is not reached by the end of ICO all contributions will be returned to investors as stated on the Liberty Token White Paper. It is truly important to do your own research if you do plan to invest in this project and know that on this article I simply state my personal opinion and facts about the project and by no means am giving investment advice. Follow your instincts and truly study the projects you plan to invest and work on. 


Hope you enjoyed the article and find much more in my Mamãecrypto Blog and Youtube Channel. For more information about this project please contact:
Bountyhive - Username MamãeCrypto
LocalToken Exchange Web site 
LocalToken Exchange White Paper
LocalToken Exchange ICO PORTAL

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