I am formally going to announce my non-interest in this project. There is going to be no trolling, provoing or insulting comments and as such no need to delete this message.
But here is some constructive and professional critisisms:
Using a website is centralising. If all users have to go to one location to trade it is not peer-to-peer. It is purely a localbitcoins.com clone, nothing more nothing less. Trying to make it sound like an exclusive club requiring membership fee's is just a sales pitch to glamourise a clone of localbitcoins.
I understand moderating this topic to remove threats, but this message although it opposes the OP's opinion, does not contain anything worthy of deleting. so i should hope to see the OP accepts the constructive critisisms, and not delete this message.
May you find a better business plan in the future that has actual community need.
First of all, I am never against constructive criticism and I dont see any reason to remove your post. Thread has been moderated to keep away troll and spam.
Yes, the exchange concept has much to do with localbitcoins.
But that is not the only thing www.100bit.co.in is going to offer. As I said in my opening post...
To start off, members can exchange Bitcoin against FIAT with other members.
Other services will gradually be added to the club members.