Laxmi Coin for India and international market

[beerlover]

Why India need separate coin ? What are the exclusive functionality that laxmi coin is going to have which are not available from any other coin ? Without any explicit purposes why do we need another coin which is targeting a country specific audience ? Because I'm just afraid that it will be another clone without any proper purposes backing it.

In the past, we have seen some country specific coins but they were all failing because they were not capable of providing any country-specific advantages. When crypto currency and block chain technology is free of borders then I am sure having any country specific coin is completely meaningless.

[Javanewstar]

So what's the use of Laxmi Coin?
Some tokens have something to do with a particular country, so I think I would choose to avoid this token, because a decentralized token requires the participation of people from different countries.

[sudhirratra68]

Yeah, I have heard about this coin. As per the latest information, Lakshmi coin is going thru development phase and RBI will have full control on that. It will be just like any fiat currency hence will never have the potential of bitcoin. It won't be limited in nature and will not be decentralized at all. Unless they make major changes on the fundamentals of Lakshmi vis a viz the Bitcoin (which is going to be almost impossible), I believe it will be just like the Indian Rupee which will keep getting devalued with time.

[mmehta1]

https://myaccount.laxmicoin.com/register?ref=ntuf8k6gwrkkswoc

Hi,

Signup for Laxmi coin using this link and get 500 free Laxmicoins. I will get 20 Laxnicoins for reffral.

Thanks

[maraj8866]

Suprb project

[tiger2023]

Excited to announce first digital currency for India, We are still deciding on the implementation

Should we go for bitcoin or Ripple approach but still afraid of mining in Indian environment where less than 5% people have internet connection at home

but more than 80% of youth have email id and internet access

But based on proto type itself we are in talks with couple of top online retailers to accept laxmicoin

and few of them already agreed and we have raise very small amount from angel investors


Why named Laxmi Coin: Laxmi is  Goddess of wealth, prosperity (both material and spiritual), fortune, and the embodiment of beauty

Here is more about Goddess Lakshmi/Laxmi

http://en.wikipedia.org/wiki/Lakshmi

and ours is www.laxmicoin.com

[sourish]

I like the initiative and wish you all the best, but i feel using names of gods and goddesses incentivizes luck more than product viability as a mission statement.

[Ju4nasorta]

reserved
i thing lax are good one coin from india

[earncrypto123]

great project

[Ju4nasorta]

cool and confidence
we must go to exchange