The participants in the ICO need to finish the registration and verification processes. The exchange is currently in beta version and it will be available once the verification process is finished.START VERIFICATION PROCESS
Benefits and solutions
Lescovex offers direct access to the emerging universal market of the crypto economy. Businesses can finance growth opportunities with crowdsales, which radically avoids the harsh of conventional capital markets.
Lescovex brings a unique investment ecosystem with multiple cryptocurrencies, asset-backed tokens and digitalized securities which are tradable in multiple fiat currencies thanks to our partnership with Kantox.
From transparent voting systems to advanced capital distribution contracts, Lescovex has created innovative corporate governance smart contracts that have been audited by world-class Ethereum experts.
Turning any asset into a digital equivalent enables the ease of trading and managing fractional ownership, increasing transparency and audibility while lowering transaction costs.
Creation in three steps
1- Describe your asset
Describe and Select the main features of your asset.
2- Define your smart contract
Create the conditions that define the features of your smart contract.
3- Publish and share
Publish your tokens and start distributing or exchanging them with other coins or digital assets.
Crypto currencies can be used as a store of value and medium of exchange as well as provide some functionalities such as access to web applications and other services. We contemplate crypto currencies as commodities. They are highly fungible and have no intrinsic value, so their value is driven by their utility and scarcity rather than a stream of cash flows.
ISCs allow issuers the distribution of income by setting fixed or variable payments in Ether to token holders. Capital distributions are automatically executed provided some predefined contract specifications are met. Income Smart Contracts are classified as financial assets and may be analogous to conventional equity and debt instruments.
ABTs represent digital ownership with respect to an underlying tangible, intangible or financial asset. Lescovex only considers for listing ABTs whose underlying assets are highly fungible, such as commodities and securities. To decide which asset class an ABT represents to we look at its underlying asset. If an ABT is “backed” by a commodity, we will consider it a commodity. Likewise, if an underlying is a security the ABT will undoubtedly be a financial asset.
CIFs may take the form of closed-end or open-end and whose underlying investments comprise digital assets of any kind. Smart contracts unleash efficiency improvements for investment funds operations, including fast and auditable capital calls and distributions alongside transparent, error-proof, Net Asset Value (NAV) calculations. We label crypto investment funds as securities.
What can be done with LCX Tokens?
Creation of ERC20 tokens & digital assets
Pay the smart contracts fee for the creation, registration and publication of an Asset in the Lescovex exchange.
Buy promotion spaces for your asset inside the platform.
Pay for advisory services for the creation of financial products.
Smart contracts management
Manage smart contracts on financial and governance agreements.
LCX owners earn 50% of each trading fee generated on the platform
Lescovex will distribute 50% of the profits of the commissions generated by the transactions to all the LCX holders who have not moved their tokens in 30 days. 50% of the commissions will be sent to the smart contract and LCX holders will be able to withdraw their earnings in ETH directly from the contract.
With this model of contract, Lescovex aims to distribute its profits among the community that supports the exchange by getting LCX tokens.
Genesis of the Idea
Alpha development of the exchange
Launch of the ICO of LCX
Beta platform development
Creation of various smart contracts models and standards on financial products
Tokens portfolios explorer and digital goods created in the platform
Implementation of consulting services to create financial products
LCX tokens & funds distribution:
LCX tokens distribution
fiber_manual_record10% Reserved for Lescovex Project
fiber_manual_record3% Bounties & Advisors
Use of funds
fiber_manual_record15% Purchase and distribution of assets issued in Lescovex
fiber_manual_record15% Communication and marketing
fiber_manual_record12% Strategic operations