Excited to announce first digital currency for India, We are still deciding on the implementation

Should we go for bitcoin or Ripple approach but still afraid of mining in Indian environment where less than 5% people have internet connection at home

but more than 80% of youth have email id and internet access

But based on proto type itself we are in talks with couple of top online retailers to accept laxmicoin

and few of them already agreed and we have raise very small amount from angel investors


Why named Laxmi Coin: Laxmi is  Goddess of wealth, prosperity (both material and spiritual), fortune, and the embodiment of beauty

Here is more about Goddess Lakshmi/Laxmi

http://en.wikipedia.org/wiki/Lakshmi

and ours is www.laxmicoin.com