Lightcash Blockchain System initial coin offering (ICO)

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The team behind the Lightcash project aims to solve the cryptocurrency volatility problem and become able to unlock all the advantages of blockchain technology by linking a cryptocoin to the real highly-demanded asset. This is why Lightcash’s own cryptocurrency (LCSH) is secured by real gold, mined from deposits in Russia. “The Lightcash parent company owns a working gold mining facility in the Amur Region of Russia, as well as a plant for the enrichment of precious metals, and it possesses the necessary state licenses,” says Vyacheslav Vokin, Lightcash CEO. “Using this infrastructure we will be able to ensure the stability of our service by issuing own cryptocoin secured by real gold in a 1000:1 ratio.”

3.4
7 7 expert ratings
3.2
3.9
3.4
3.5
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Starts in 1 year ago
2018-03-12 - 2018-06-09
Token
LCCT
Type
ERC20
Bonus
Available
Price in ICO
1 LCCT = 0.0002 ETH
Platform
Accepting
ETH ,
Raised
-1
ICO start
Mar 12, 2018
ICO end
Jun 9, 2018
More on ICO
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About Lightcash Blockchain System ICO

Price volatility is the main element preventing the faster penetration of cryptocurrencies to the real world. After hitting a record mark of $20,000 in mid-December 2017, Bitcoin’s price fell below $7,000 at the beginning of February 2018. As a result, over $60 billion was wiped off the value of the entire cryptocurrency market.
Such fluctuations undermine the trust of investors and potential users of cryptocurrencies. Few people want to invest in an unstable asset, and it is also hard to use such a tool as a payment method or for remittance purposes due to constant price changes. As a result, cryptocurrencies are becoming just a niche for speculative traders, and the potential for this concept remains unrealized.
The team behind the Lightcash project aims to solve the cryptocurrency volatility problem and become able to unlock all the advantages of blockchain technology by linking a cryptocoin to the real highly-demanded asset. This is why Lightcash’s own cryptocurrency (LCSH) is secured by real gold, mined from deposits in Russia.
“The Lightcash parent company owns a working gold mining facility in the Amur Region of Russia, as well as a plant for the enrichment of precious metals, and it possesses the necessary state licenses,” says Vyacheslav Vokin, Lightcash CEO. “Using this infrastructure we will be able to ensure the stability of our service by issuing own cryptocoin secured by real gold in a 1000:1 ratio.”
Lightcash project closed pre-sale is scheduled for March 2, and the main token sale will take place on March 15. The main goal of the token sale is to raise funds for the purchase of a new deposit of ore gold in the Republic of Buryatia, Russia. This will allow the company to provide a full load to its precious metal enrichment plant.
Sales of the project’s internal cryptocurrency LCSH are scheduled for May 2018. Lightcash will close the deal to acquire a new gold deposit in summer. Gold mining will start there immediately.

Lightcash Blockchain System reviews

Purushotham Maralappa
ICO Adviser |Blockchain Community Manager | Business Analyst
Rated on Feb 22, 2018
5
5
5
14%

Until 1971 $ USD was backed by gold and silver reserve now USD is backed by "full faith and credit" of federal reserve. No a dollar bill is not lawful money, but rather “legal tender.” this is same in most countries.
LCSH is providing gold backed crptocurrency to curb volatility problem, this also also creating mini ICO's in the platform. Interesting project.

Reinhard Berger
CEO Pecunio Blockchain Technologies
Rated on Feb 22, 2018
3
3
3
11%

Avoiding volatility is a clear use case. However the key issue here is not the supply of gold, this is a commodity. It's all about trust and a strong branding.

Igor Karavaev
ico advisor and investor
Rated on Mar 2, 2018
3
3
3
9%
Murat Ornek
Engineer, Visioner , Investor , Advisor
Rated on Mar 3, 2018
2
2
2
4%
Vladimir Nikitin
ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on Mar 3, 2018
5
5
4
9%
Karnika Yashwant
ICO Marketing Expert | Launch Strategist | Global Branding and Fundraising Master
Rated on Jun 6, 2018
4
2
3
16%

Team looks good, and gold back sounds good. But you do not have KYC approved here which is essential to trust a "real gold backed" ICO.

The product seems easy to understand, however with so many asset backed coins coming out, how are you any different?

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
38%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

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Lightcash Blockchain System ICO price

Price in ICO

1 LCCT = 0.0002 ETH

Lightcash Blockchain System (LCCT) crypto

Lightcash Blockchain System coin

Lightcash Blockchain System token
LCCT
Lightcash Blockchain System type
ERC20
Lightcash Blockchain System platform

Lightcash Blockchain System (LCCT) value

Tokens for sale
178

Lightcash Blockchain System market cap

Lightcash Blockchain System market capitalization
$ -1

Lightcash Blockchain System investment info

Accepting
ETH ,
Distributed in ICO
85%

Lightcash Blockchain System whitepaper

Lightcash Blockchain System team

Apply as an advisor

Alexey Kholmogorov

Lightcash Co-founder, owner of the gold mining company "Lapri mining"

Aleksey Pechkin

STO Technical Director

Valeriy Popov

Chief engineer

Lightcash Blockchain System milestones

1
April 2018

WePower idea

2
August 2017

WePower idea

3
December 2017

WePower idea

4
January 2017 - September 2017

WePower idea

5
January 2018 - February 2018

WePower idea

6
July 2017

WePower idea

7
June 2017

WePower idea

8
June 2018

WePower idea

9
March 2018

WePower idea

10
March 2018

WePower idea

11
May 2017 - October 2017

WePower idea

12
May 2018

WePower idea

13
November 2017

WePower idea

14
October 2016 - April 2017

WePower idea

15
October 2017

WePower idea

16
September 2017

WePower idea

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