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Swapy (SWAPY)

Finance
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Status
ICO

Swapy Network is a decentralized platform that aims to provide Universal Access to Credit using blockchain technology.

Swapy White Paper WhitepaperSwapy Onepager Onepager

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User Rating
Medium
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Ticker
SWAPY
Type
Utility-token
Token standard
ERC-20
FoundedCayman Islands, 2014
Registration countryCayman Islands
Registration year2014

What is Swapy

  • Swapy Exchange connects international investors from countries where the interest rates are lower to credit companies in countries where the interest rates are much higher, providing better returns to the first and lower cost capital for the latter.
  • Swapy Financial ID empower individuals, giving them the right to a worldwide financial identity that is valid anywhere in the world at anytime.
  • Swapy DataMarket transforms user's financial data into value for the data owners. Now, individuals will hold their own data and choose how much tokens they receive in exchange for it, when they want to share, and for whom.

Swapy Roadmap

1
Q3 2017

On July 31st, we released our Swapy Exchange private alpha as an preview containing the fund raising contracts.
The Swapy’s software development has started since July 1st, 2017.

2
Q4 2017

On October 10th, we released Swapy Exchange public alpha on Ropsten test net, and open-sourced our protocol.

Since then we are developing side features for the fund raising flow, auditing our code base and removing the dependency of a centralized login service.

By mid-december, we will be releasing an updated version of the Swapy Exchange D’App.

3
Q1 Starting after TGE

Swapy Financial ID public alpha on test net providing identification and attestation to Swapy Exchange tokenized assets.

Swapy Data Market private alpha on test net operating 1 to 1 data sales.

4
Q2 Starting after TGE

Swapy Exchange and Swapy Financial ID private beta on main net transacting real tokens.

Each credit company we are negotiating with will have their own timeline to start using the Swapy Exchange depending on the compliance process.

5
Q3 Starting after TGE

Swapy Exchange and Swapy Financial ID public beta on main net. Public “Connect with Swapy ID” API available. Anyone can use for any purpose and transact real tokens.

Swapy Data Market on private beta transacting real tokens and real data from Swapy Financial ID.

6
Q4 Starting after TGE

Swapy Data Market public beta on main net.

Swapy Exchange and Swapy Financial ID improvements.

Planning the following year considering the community surveys.

Token Sale Dates

Presale Period

Start date: Mar 19, 2018
End date: Apr 19, 2018

ICO

Start date: Apr 26, 2018
End date: May 26, 2018

Token Allocation

Presale Token Supply 26196172
Total Token Supply 23825536

Funding Details

Soft Cap 5,000,000 USD
Hard Cap 30,000,000 USD
Funds Raised (as of now) 1,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Brazil, China, United States

Token distribution


50% - Token Offer
15% - Company’s Endowment
10% - Partners & Advisors
15% - Team & Early Investors
10% - External Developers Fund

Funds allocation


52% - Dev and Operations
21% - Office and Infrastructure
7% - HR and Legal
6% - Marketing
14% - Management

Token Price and Payment Options

Token price USD 1 Token = 0.650000 USD
Accepted Currencies ETH

Project team

Edmilson Rodrigues
Edmilson Rodrigues
CEO and Co-Founder
Edmilson Rodrigues x-team

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