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Swace

ICO
IEO

Swace is a blockchain-based social gaming platform where users gain rewards for engaging with brands.

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Overview

Project industryGaming & VR
Product typePlatform
FoundedLithuania
WhitepaperSwace White Paper Open

Technical details

SWACE is deployed on the cloud. Its backend is containerized and built using microservices. The use of microservices has lots of benefts, such as faster development cycles, scalability, resilience, cloud friendliness, and high availability (with close to zero downtme). Security is guaranteed by the proper use of cloud infrastructure. Due to the nature of microservices, SWACE is not ted to any language or technology, so we chose the right tools to do the right job. Utlizing the freedom that the use of microservices gives us, we chosen a handful of latest and most secure techstack including, but not limited to PHP 7.2 and Laravel. The SWACE social network is backed by a distributed graph database soluton.

What is Swace

MISSION

To give users positve emotons and encourage out-of-the-box actvity. To empower users to be in control of their actvity on social media, award them importance and respect, and reward them for engaging with brands.

VISION

Swace becomes a leading social gaming platform for everyone: fair, transparent and on a par with the world’s most popular platforms.

Swace is a community-driven initatve, envisioned as a soluton to the unsatsfactory experiences users and brands have with social networks, each from their own perspectve. It is an independent platform featuring preset gaming frames brands can use to engage with users, who in turn get rewards for partcipatng and winning games. The app’s economy is based on decentralized blockchain technology and revolves around a token called the Swace Coin.

The app’s main goal is to improve the interactons between users and brands. It encourages a more actve and excitng lifestyle for the users while having them engage with brands in a genuine and non-manipulatve way, forming positve associatons and a happier user-brand relatonship. We want to enable users to be more adventurous and to give them a feeling of being appreciated and rewarded for the content they generate and for the loyalty they give a brand.

Another central aspect of Swace is the socializaton between users. Being a network centered around social gaming, Swace encourages healthy competton while helping the users fnd a balanced approach to sharing and relatng to what others share. Instead of causing each other unpleasant envy and suspicions of fakeness, Swace will empower users to support each other in games, share and engage with each other, and even team up for beter rewards.

Swace target group

We believe that we understand our target group well and we are making an efort to satsfy their partcular needs. Whether they are actvely into sports, into partying, or in love, they are all similar in several ways. They are young (18-26), modern, and at least a litle non-conforming. They are very social and enjoy sharing their lives with their friends on social media. For them, being an infuencer is an important ambiton. They value fun and want to improve themselves, they love new technologies in their lives and easily adopt them. They demand transparency and fairness, because they want to be in control of their own lives.

Swace responds to these needs by bringing in the latest innovatons and by deliberately working in as open and transparent manner as possible. We are choosing to partner with brands that will match their interests and ofer games that will appeal to them.

Details

Pre-sales: Jul 01, 2018 - Oct 01, 2018
Public sales: Jul 15, 2019 - Jul 26, 2019
IEO (Shortex Launchpad): Jul 15, 2019 - Jul 26, 2019
IEO (Probit Launchpad): Jul 22, 2019 - Jul 26, 2019
IEO (Probit Launchpad): Jul 15, 2019 - Jul 19, 2019
Pre-sale token supply: 135,000,000 SWACE
Token supply: 2,700,000,000 SWACE
Soft cap: 500,000 USD
Hard cap: 2,457,800 USD

Legal

Blockchain Platform: Ethereum
Registration country: United Kingdom
Office address: Wenlock Road, N17GU, London, UK
Blockchain Centre Vilnius Green Hall Level 7, 23 Upės str. Vilnius, Lithuania

Token info

Ticker: SWACE
Type: Utility-token
Token price in USD: 1 SWA= 0.02 USD
Accepted currencies: ETH, BTC, USD, EUR
Bonus program:
Private pre-sale - 30%-60% bonus
Public pre-sale - 25% bonus
Main sale - Up to 20% bonus
Token distribution:
55% -  the public
23% - community growth
12% - the team
7% - bounty, airdrop & test reward
3% - advisors & partners
Funds allocation:
23% HR & corporate development;
18% marketng & community growth;
43% research & development;
11% legal;
5% reserved fund for unforeseen expenditure.

Swace Roadmap

1
2015 Q3 - 2016 Q1

Selfiemus App concept created

2
2016 Q3

Selfiemus App prototype created

3
2016 Q4

Selfiemus App development launched (iOS)

4
2016 Q4

Selfiemus Limited legal setup in the United Kingdom

5
2017 Q2

Selfiemus App development launched (Android)

6
2017 Q3

Selfiemus App MVP testing

7
2017 Q4

Selfiemus App MVP presented at Web Summit, Lisbon

8
2017 Q4

Selfiemus rebranded to SWACE, including the concept, UI/UX and codebase

9
2018 Q1

Swace Foundation (ICO) legally set up in Lithuania, EU

10
2018 Q2

ICO pre-sale

11
2018 Q4 - 2019 Q2

ICO withdrew, Swace App UI/UX redesigning and rebuilding

12
2019 Q3

Swace IEO and listing on exchanges

13
2019 Q3

Swace APP testnet

14
2019 Q4

• Swace APP pilot launching
• Swace Marketplace launching
• Expanding into other markets

Project team

Dovydas Riasnojus
Dovydas Riasnojus
CEO/Founder
Dovydas Riasnojus linkedin
Vaidas Barauskas
Vaidas Barauskas
Head of Design
Vaidas Barauskas linkedin
Vladimir Akimov
Vladimir Akimov
BDM SWACE Russia
Vladimir Akimov linkedin
Aurimas Paulius Girčys
Aurimas Paulius Girčys
Head of Digital Advertising
Aurimas Paulius Girčys linkedin
Paulius Kaminskas
Paulius Kaminskas
Tech Lead
Paulius Kaminskas linkedin
Darius Janavičius
Darius Janavičius
iOS Developer
Darius Janavičius linkedin

Social media

Swace web-siteSwace RedditSwace MediumSwaceYouTubeSwace TelegramSwace BTCTalkSwace LinkedInSwace X (Twitter)Swace FacebookSwace Github

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