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Swapy (SWAPY)

ICO
Swapy bounty

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

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryFinance Services & Banking
Product typePlatform
FoundedCayman Islands, 2014
WhitepaperSwapy White Paper Open
OnepagerSwapy Onepager Open

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.

Details

Pre-sales: Mar 19, 2018 - Apr 19, 2018
Public sales: Apr 26, 2018 - May 26, 2018
Pre-sale token supply: 26196172
Token supply: 23825536
Soft cap: 5,000,000 USD
Hard cap: 30,000,000 USD
Raised: 1,000,000 USD

Legal

Country limitations: Brazil, China, United States
Registration country: Cayman Islands
Registration year: 2014

Token info

Ticker: SWAPY
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.650000 USD
Accepted currencies: ETH
Bonus program:
Presale Discounts :
- 15.38% discount for the first 5 million (0 to 5MM) USD raised
- 12.31% discount for the next 5 million (5MM to 10MM) USD raised
- 7.69% discount for the next 5 million (10MM to 15MM) USD raised
Main sale. Price per 1 SWAPY:
- Phase 1: $ 0.55 USD (15.38% discount)
- Phase 2: $ 0.57 USD (12.31% discount)
- Phase 3: $ 0.60 USD (7.69% discount)
- Phase 4: $ 0.61 USD​ (6.15% discount)
- Phase 5: $ 0.63 USD​ (3.08% discount)
- Phase 6: $ 0.65 USD
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

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.

Project team

Edmilson Rodrigues
Edmilson Rodrigues
CEO and Co-Founder

Social media

Swapy web-siteSwapy MediumSwapyYouTubeSwapy TelegramSwapy BTCTalkSwapy LinkedInSwapy X (Twitter)Swapy FacebookSwapy SlackSwapy Github

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