Laccoin

Laccoin

Created using Figma
Created using Figma

Last Update

Aug 13, 2018

Laccoin is an Ethereum-backed cryptocurrency that uses a mobile wallet. The LAC Wallet is the answer to the lack of fund mobility and other fi nancial limitations described earlier. Laccoin will further develop a platform whereby individuals will be able to make small peer-to-peer (P2P) loans to individ-uals through the use of LAC tokens. Loans will be issued by an individual or a group of individuals that hold LAC tokens.
Public-Token Sale
Nov, 2018
Nov, 2018
100% completed
Raised funds - no Data
past
  • 1 LAC
    =
    0.1 USD
Pre-Token Sale
Sep, 2018
Sep, 2018
100% completed
Raised funds - no Data
past
  • 1 LAC
    =
    0.06 USD
Token Details
Ticker
LAC
Accepted Currencies
ETH
Company Details
Registered Country
Canada
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Platform

About Laccoin

LACCOIN (LAC) is an Ethereum backed cryptocurrency that enables the banked, unbanked and underbanked individuals who are in Latin America and Caribbean region to send money, invest and send micro-loans to each other with their mobile wallet or web app. Combined with their LAC debit card and access to the LAC Index Fund individuals can spend their LAC tokens, invest or use their P2P loans that connect with their LAC wallets where every VISA or MasterCard is accepted.  

Features

A. Problem(s): Costly remittance systems
o Solutions: Laccoin is an easy way to send international remittances to other Laccoin wallet holders.


B. Problem(s): Reaching the Underbanked
o Solution(s):Access to current banking services and the new cryptocurrency card payments system through the use of mobile devices which will result in a more significant penetration rate than banks.


C. Problem(s): International and domestic aid to LAC region
o Solution(s): The speed of aid is essential in critical situations. With widespread mobile penetration, aid can be received efficiently.


D. Problem(s): Inability to invest or spend within the LAC region

o Solution(s): To enable and empower citizens in the area to become a part of thenew digital economy through the use of LAC
tokens within the LAC region.


E. Problem(s): Inability to access loans through traditional financing mechanisms to start business projects or personal projects.
o Solution(s): To enable and empower citizens in the region to access micro-finance \ through nontraditional means by creating a
credit score through their Laccoin wallet.


F. Problem(s): Unbanked and underbanked do not have access to complex financial vehicles to help build wealth.
o Solution(s): A Union Wealth Fund will be open solely to LAC token holders. The Index Fund will hold highly liquid cryptocurrencies that are managed to ensure a robust portfolio that meets the needs of LAC ecosystem.

Technical Info

Laccoin will use the Ethereum blockchain technology as its backbone. Our developers could have made our blockchain however, the security issues arising from forming a new blockchain would have hampered eff orts to get Laccoin underway in the region. A trusted blockchain such
as Ethereum with established protocols would better allow for future expansion and scalability without comprising security. However, it is not outside the realm of possibility for our team to develop our own blockchain in the future.

Another fact is that technology and numbers are widely aff ected by people’s perceptions. The decimal places of existing cryptocurrencies put users of that currency in a position where it is entirely possible to see someone getting paid a weekly wage equal to 0. However, when further
broken down into decimals, the fi gure could actually be .00043306. The psychology of getting paid less than one unit has a dramatic eff ect on how people will perceive themselves in relation to the new currency and the chances of it being adopted or being trusted. For this reason, the supply will be set at 700,000,000 million coins with the coins having two decimal places.

Laccoin Roadmap

  • Q4 2017

  • - Formation of Core Team
  • Q4 2018

  • - LAC Wallet Beta Stage Begins
  • Q4 2018

  • - Pre-ICO Sale Begins
  • Q4 2018

  • - Pre-ICO Sale Ends/ LAC Wallet Andriod app Alpha Finished
  • Read More
  • Q4 2018

  • - Public Token Sale Begins / LAC Wallet Alpha Andriod app
    - Alpha released
  • Q1 2019

  • - LAC Tokens distributed
  • Q2 2019

  • - LAC Wallet Premium and regular cards start to roll out
  • Q2 2019

  • - Addition to Centralized and Decentralized Exchanges
  • Q3 2019

  • - Beta stage of P2P lending / Credit Rating System / LAC Wallet Apple released
  • Q4 2019

  • - P2P Alpha microloan / LAC Union Wealth Launches

Activity

Activity:
48
VERY LOW
Posts:
3 866
VERY HIGH
Views:
20 912
VERY HIGH
Activity:
48
VERY LOW
Merit:
0
VERY LOW
Posts:
3 866
VERY HIGH
Views:
20 912
VERY HIGH
Users:
13
LOW
Followers:
1 241
LOW
Tweets:
55
LOW
Fake Users Detected:
0%
30 Days Growth:
-19
Members:
1 409
LOW
30 Days Growth:
-152

Laccoin Team

Verified 86%

Attention. There is a risk that unverified members are not actually members of the team

Chad O. Grant
Founder
verified
Jonathan A. Kidd
Founder
verified
Vinit Mitt
Founder
verified
Tahric L. Finn
Marketing Director
verified
Jaspreet Singh
Lead Mobile Developer
verified
Jose R. Roldan
Business Development Latin America
unverified
Jasmine L. Brown
Investor Relations
verified

Advisors

Verified 100%

Humberto Díaz Porta
Advisor
verified
Damian Alexander
Advisor
verified
Philip J. Valvo
Advisor
verified

Former members

Jasmine Brown
Investor Relations

Laccoin Interviews

Chad O. Grant
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Laccoin stays true to the original idea that the creator of Bitcoin had which is to act as an alternative to the current fiat system in place. The primary purpose of Laccoin is to act as a medium of exchange which will have an impact on the lives of people in and out the LAC region.
Jonathan A. Kidd
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I believe our token will help several countries in the Latin America and the Caribbean region.
Vinit Mitt
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As Lead Developer, I have a chance to create the LACCOIN ecosystem that will benefit people immensely and bring them into the cryptocurrency world which has the potential to have a positive change in their lives.
Tahric L. Finn
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Media Relations
Jaspreet Singh
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I will be working with the Lead Developer and the Business Development officer to ensure that we have a smooth mobile product that is secure and that operates efficiently.
Jasmine L. Brown
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
In order to achieve mass adoption, the private and public sector need to be aligned in their thinking in the LAC region. Laccoin can align them to a singular goal.
Humberto Díaz Porta
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Role in helping shape the future of how the world sees and uses money.

At LACCOIN We constantly push ourselves to think differently and forge new paths in a rapidly growing industry fraught with unexplored territory.
Damian Alexander
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advisor on finance
Philip J. Valvo
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Competent hard-working team of professionals. Promoting the project worldwide. Great idea and follow through with the potential to make a huge impact in the community.

Laccoin Last News

N/A
5.0 8
ICO Profile Vision Activity Potential Product Team
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