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LegalCoinis a decentralized currency, 100% mining, with independent and unique blockchain, his main trait is the possibility of the pay of taxes, what makes it a legal currency that can be accepted in any country.
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LegalCoin a decentralized currency, 100% mining, with independent and unique blockchain, his main trait is the possibility of the pay of taxes, what makes it a legal currency that can be accepted in any country.
As LegalCoin’s creators we truly believe in the need of paying taxes, as a mean to help to the social welfare of our society, without levies it is not possible for countries to construct, hospitals, schools,or to finance projects of social impact.Furthermore we believe in decentralized money, no need of intermediaries, and money that only you handle.
- There are not intermediaries (banks, cooperatives…)
- 100% minable.
- One commission for transaction.(It could be changed according to the currency value, this
- One commission for transaction.(It could be changed according to the currency value, this commission exists with the sole purpose of improving the red and of paying to the miners)
- Limited amount (supply 100M only)
- Enables the payment of taxes
- The money is only of the owner.
HOW DOES LEGALCOIN WORK?
You can imagine going to a supermarket, in the moment you pay for your articles with LEGALCOIN in the establishment’s address,the tax for your buy is automatically send to a special address corresponding to the country where the tax was generated. In order to this being possible we will create an unique amount of special corresponding to each one of the countries in the world.This way when a commercial establishment generates a wallet’s address, this one because of being commercial will be associated to the special wallet and when coins get send to this wallet these will be deduced to pay the taxes immediately.
Common persons could get a common wallet, they will be able to send coins to other countries, send money to each other, without paying taxes, just when they decide to buy in a commercial establishment, orcommercial websites, or to buy articles from another country, these taxes will be deduced from the commercial wallets sent. As you can see there exists the possibility of to create two kinds of wallets: a commercial one and a Common wallet. Anyone can create a commercial wallet associated to a country or a common one.
FINANCING OF THE PROJECT AND SELLING OF TOKEN
To the financing of the Project we created 50M of tokenLegalCoin (TLGC) of which just 40M will be sell to the public and the other ten millions will be left as a guarantee in the case we need of more funds to the project, this will be sold to the public if that is the state of affairs, case contrary they will be burned before the mining launching. Tokens will be from the plataform ethereum, because of that it will be only possible to buy them via ethereum. Our goal is to collect 10 millions de dollars. In no case an investor can buy more than 50 thousand dollars on. The financing is neccesary for the payment of developers, experts group and everybody. Tokens can be changed in the change houses.