We are happy to announce that LocalCoin network
has been launched on the 20th of February 2019.
LocalCoin Available Features
LocalCoin can be made to function as a software, a network, a ledger, a bank, an exchange, and a currency all at once. (e.g., It can fulfill the role of a bank by maintaining a distributed ledger that tracks debt collateralized by other assets. You can find out that LocalCoin offers numerous features that are not available on other popular blockchain platforms.
Funding Your Ideas
You have a great idea for a business on top of within the LocalCoin platform and are searching for a way to fund your idea? Here are the options we can offer you:
Basic Worker Proposal: All LocalCoin shareholders can cast a vote for your proposal/idea and will decide if they want this feature or not at the price you are asking. If they accept the price you asked, you will be #paidbyprotocol in LLC. If not, you can of course refine your proposal and try again incorporating feedback received from shareholders and the community.
Fee Backed Asset: If you produce a feature for LocalCoin that offers a new service, you can have a Fee Backed Asset created for your feature and profit from future revenue streams generated by that particular feature.
Crowdfunding: Instead of profiting from your FBA, you can sell them to investors to fund the implementation. Or you simply create, issue and sell a User Issued Assets.
Mixed Funding: You sell some of the FBA and keep the rest for yourself. Maybe the best option, you get money instantly to fund the development and you will get more later when people use the feature.
Remarks:
If you want to develop a blockchain/backend feature, you should probably cooperate with Cryptonomex as they can consult you how to implement everything on the blockchain and most shareholders will ask them to check the quality of your code prior to its hard fork, anyway.
Other tasks, such as basic GUI development, etc. can mostly be dealt with independently, unless access to the main repository is required. This can be asked from Cryptonomex or other active, but independent, web developers.
Comparing the parameters of the LocalCoin network with other blockchain networks.
Anyone who has computer can mine LLC and make some money
No need to buy GPU or expensive equipment like miners
Using your Home computer or Dedicated Server:
1. With installed Ubuntu 18.04
2. With 16gb of RAM(not less than 2000Mhz RAM speed)
3. Upload speed 20Mbps 4. Static IP address[/size]
For Developers (API, How to run a Witness, Master Nodes, etc)
👉
https://dev.localcoin.isReferral Program (80%)
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https://how.localcoin.is/en/latest/user_guide/accounts/referral.htmlFor Merchants
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https://dev.localcoin.is/en/latest/development/use_cases/uc_merchant.htmlEarn Income Running an Activenode
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https://dev.localcoin.is/en/latest/llc_guide/tutorials/activenode_tutorial.htmlHow to become a block producer(witness node)
👉
https://github.com/LocalCoinIS/LocalCoin-core/wiki/Witness-node-guide
