Lightcash Erases the Boundaries Between the Real World and Blockchain
Based on Blockchain technology, Lightcash provides a mechanism for convenient transactions, together with the ability to instantly exchange Lightcash tokens for fiat money or cryptocurrencies. By using the Lightcash App, users can pay for goods with cryptocurrencies instead of cash. Payments can be made at payment terminals and in many online stores, with only a small commission.
Lightcash is a Financial Marketplace Which Offers Solutions for Integrating Existing World Economies with Decentralized Economies
Foreign Exchange Trading
An exchange for trading currency pairs will be available for many major currencies and cryptocurrencies, including USD, RUB, PLN, UAH, BTC, LTC, DOGE, ETH, ZEC, XMR, KICK, ETC, BCH, etc.
Crowdfunding campaigns are possible on the Lightcash system using customized internal currencies for your project. Essentially, users are able to launch their own mini-ICO's based on a selection of cryptocurrencies traded on the Lightcash system.
Deposit Accounts That Pay Interest
Lightcash users will have an option to open interest-bearing deposit accounts for their cryptocurrencies.
Private Online Marketplace
The Lightcash system will include a private online marketplace, where users can buy or sell goods and services using their project's customized currencies.
Lightcash users will be able to use their cryptocurrency to purchase goods and services online and offline with the Lightcash Light PayTM API.
Virtual and Plastic Cards
Virtual and plastic payment cards with contactless payment.
International Payment Systems
Money transfers can be made via the SWIFT and SEPA international bank transfer systems.
Lightcash corporate accounts are available for businesses, and include the ability to receive payments via QR-codes.
After a Lightcash account is opened, an electronic wallet and mobile phone token account are automatically created. Users may then top up their electronic wallet with tokens by using bank cards or other traditional payment systems.
The Lightcash platform uses algorithms that enable high-performance streamlining of the cryptocurrency exchange process, and notifies clients of alternative payment methods. For example, it may suggest different payment mixes depending on the current cryptoprotocol assessment. In everyday language, all efforts are made to ensure that clients get the best available pricing.
How Does It Work?
After a Lightcash account is opened, an electronic wallet and mobile phone token account are automatically created. Users may then top up their electronic wallet with tokens by using bank cards or other traditional payment systems, or with cryptocurrencies. Major cryptocurrencies, such as Bitcoin, Ether, Bitcoin, Litecoin, and Ripple may be used. Exchange conversion rates are determined by spot rates for Lightcash tokens on cryptoexchanges.
Buy Lightcash Crypto Gold (LCSH)
a Cryptocurrency Pegged to Actual Gold
Low volatility is achieved by binding the price of the coins to the price of gold, in a ratio of 1000 LCSH's to one gram of gold.
1000 LCSH : 1 gram of Gold
LCSH is backed by gold that is mined from an operating gold deposit owned by Lapri Mining Company LLC.
Operating Gold Mine
The controlling company of the Lightcash project also owns the Lapri Mining Company, LLC, an operating gold mining enterprise.
Gold Mining Company
By purchasing tokens, investors receive an ownership share in the gold mining company. Their return on their invested funds is therefore dependent upon the success of the gold mining company.
Investment Backed by Shares
Purchases of additional gold deposits are planned in the future, which are expected to increase the capitalization of the company and the Lightcash Platform. As a result, the value of the token is expected to increase.
Increases in Capitalization
Everything You Need is in Your Smartphone: Payments, Currency Exchange, Instant Transfers
- No more waiting to receive your card. You will receive your virtual card immediately after registration.
- No restrictions or limits on transaction amounts.
- No need for currency exchange. Instant payments in the monetary or cryptocurrency at the international level.
- Integration with most wallets and third-party payment services (PayPal, Gyft, WeChat, Alipay, PayTM).
- Contactless payment options - ApplePay, SamsungPay, AndroidPay, QR-codes, and many others.
January 2016 - September 2016
"Lapri MiningCompany, LLC" was developed, and has been engaged in the mining of ores and sands of precious metals.
License was obtained for geological survey, mineral exploration and resource development.
October 2016 - April 2017
Required equipment was imported, geodetic chain was built, and gold extraction site was prepared.
May 2017 - October 2017
From collected samples, the first 81 kg of gold were produced.
Formation of the Lightcash Blockchain System concept.
Elaboration of the service architecture and preparation of the "White Paper".
Execution of legal documents. Brand book production.
Market research and analysis.
API and mobile application B2C development for calculation of the cryptocurrency between companies and their users through QR technology.
Web & mobile service development launch.
Lightcash Open API platform test. Token protocol development, integration with scoring platforms, setting up of self-regulating token exchange algorithms.
January 2018 - February 2018
Selection of the legal jurisdiction for the ICO.
Testing of the Smart contract. General audit of the project
March 5th, 2018 - pre-sale starts.
March 12th, 2018 - ICO starts.
Planned closing transaction for the purchase of "Greenfield" and commencement of operations.
Launch of the Lightcash service.
Launch of the Lightcash service beta version.
Market launch of the Lightcash Crypto Gold (LCCT) cryptocurrency.
Start of field operations.
Compliance and Customer Data and Financial Security
Lightcash is required by law to provide data and information security for users and investors, as well as to ensure that sufficient funds are held in reserve for recurrent and capital expenditures in the event of unforeseen circumstances.
Compliance with SEC Requirements
The Lightcash ICO will be conducted within the requirements of the SEC (US Securities and Exchange Commission), and under the guidance of appropriate legal counsel.
Escrow of Investor Funds
Funds collected during the ICO will be entrusted to an independent and reputable Escrow agent, to ensure compliance with ICO contractual obligations.
Professional Internet Security
& Data Protection
Information security and data protection will be provided by Group-IB, a recognized global leader in the field of cyber security.
Licenses to conduct international financial activities will be obtained from the International Financial Services Commission (IFSC) in Belize. The following licenses will be obtained:
Money remittance license (money transmission services)
Settlement and cash services license (payment processing services)
Primary and financial derivative trading and other securities (trading in financial and commodity-based derivative instruments and other securities)
Currency exchange license (money exchange)
The above licenses will permit Lightcash to operate in compliance with international laws, and will minimize the risk of prosection by international fiscal control, oversight, and enforcement bodies.
Modular Structure enabling easy implementation with different software
Advanced Payment and Processing Technologies, fine-tuned from more than 3 years of development testing
Unified App Store for retail cryptocurrency solutions
Sandbox for early stage development and debugging of software
Opportunity to Deploy Developed Software and Services on a decentralized Lightcash server infrastructure
World-Class Trading Platform
Lightcash trading will take place on a decentralized trading platform that features an intuitive user interface, with access to real-time market data, charting tools, and transaction history, all at a reasonable exchange charge for high volume trading.
The Lightcash team makes every effort to ensure that your trading platform is both convenient and safe:
Lightcash places great emphasis on IT-security and fiscal transparency. Additionally, 98% of client digital assets and tokens will be stored independently and offline. It is of utmost importantance that client data remains secure and safe. As such, certifications such as PCI DSS will be obtained to serve as evidence of operational safety.
Transactions to buy and sell cryptocurrencies that involve fiat money will be processed immediately in the Lightcash Blockchain.
The Lightcash Team works constantly to provide a high level of customer support, as well as to offer Lightcash clients and users new trading opportunities in the market.
Lightcash TokensThe total quantity (100%) will be 210 000 000 tokens, with the price of one token equal to 0.0002 ETH.
The plan for token distribution will be as follows:
Pre-ICO (30% Discount), will be held on March 5, 2018, with a minimum purchase amount of 0.1 ETH
ICO begins on March 12th, 2018
Project Team ownership
Advisors and Escrow
Price of 1 LCCT Token : 0.0002 ETH.
Term of token sale: 30 days, with the possibility of an automatic early completion upon attainment of the ICO token sales target.
Michael E. Bryant
John Van der Vos
Meet the Team
Entrepreneur, Lightcash Co-Founder
Alexey KholmogorovLightcash Co-founder,
Shareholder of "Lapri Mining LLC"
Head of Digital Marketing
Artem YakovlevTeam Leader
Alexander LashkovPublic Relations
Valeriy PopovChief Engineer
Ivan ShevelerChief Geologist
Igor KolomicinChief Mark Surveyor
When Will the Lightcash ICO Start?
The token sale is scheduled to begin on March 12th, 2018.
When Will the Lightcash App be Launched?
A minimum viable product (MVP) is currently in the development and testing process. Soon after the conclusion of the ICO, public access to the App will be available.
What are the Conditions for the Pre-Sale?
The token sale is scheduled to begin on March 12th, 2018. It will finish on April 11th, 2018, or on the date on which all issued tokens have been sold (if this happens earlier).
If you would like to buy more than 500,000 tokens before the ICO starts, drop us a message at firstname.lastname@example.org.
What Benefits Will Accrue to Token Holders?
The benefits to Token holders and the most active users of the Lightcash Platform include: the receipt of higher interest on deposits, reduced commissions for all service services, and unique bonus offers.
Is There a Minimum Purchase Amount?
The minimum purchase amount at the time of sale is only 0.1 ETH, that is, 500 LCCT.