The team of LightCash project, which is first fully legally compliant cryptocurrency and fiat money exchange system, announces its Pre-ICO start date! Pre-Sale of LightCash Crypto Tokens (LCCT) starts on March 5 and will last till March 11. On March 12, the main token sale will start.
What is LightCash?
LightCash users can use the platform for fiat and digital money exchange with low commissions, as well as send payments and initiate SWIFT and SEPA money transfers. There is also an internal exchange for investing in Top-100 cryptocurrencies. Users can also open cryptocurrency deposit accounts and earn interest.
What is LightCash backed by?
The concept of the project implies the launch of the internal low-volatile cryptocurrency (LCSH), which will be backed by real gold mined from precious metal deposits in Russia. The LightCash project has already acquired infrastructure for gold mining and processing. The company owns an alluvial gold deposit in the Amur Region of Russia and has obtained the necessary permits and licenses required to operate a gold mine on the site.
Is LightCash secure?
Lightcash team pays great attention to ensuring security of project users and token holders as well as providing solid legal basis for service operations. To ensure that all operations are in compliance with local, national, and international laws, additional licenses will be acquired by LightCash from the International Financial Services Commission (IFSC) in Belize for money transfer services, payment processing, financial and commodity-based derivatives trading. As a result, the project will work in English law.
The company also has announced a partnership with Group-IB, an international company specializing in the prevention of cyber attacks and information security products development. Group-IB will develop a risk map, with risks ranked by the degree of their severity and Lightcash’s susceptibility to them. During the period of preparation and staging an ICO, priority will be given to identifying and blocking phishing sites, as well as protecting the community, monitoring social networks, and public communications with investors.
What is LightCash Crypto Token?
All LCCT tokens released for the ICO are created on the Ethereum blockchain in accordance with the ERC20 standard. The price of one LCCT is 0,0002 ETH. During the ICO 25% of all tokens will be sold.
LightCash Crypto Tokens (LCC) will be issued for ICO. After the end of the ICO, token holders will be able to exchange their assets for LCSH or other cryptocurrencies via built-in exchanges or independent crypto trade platforms.
The LCCT token can be purchased with cryptocurrencies, such as ETH or BTC, as well as with fiat money. Sale participants will be able to buy tokens with 30% discount, the minimum purchase amount is 0.1 ETH. 60% tokens will be sold via the main ICO, which will take place from March 12 to April 11.