hitamkucrypto: SWACE

The tech world is more advanced and people will not overwhelm it, now a blockchain-based platform called SWACE has emerged. Swords are a blockchain-based social game platform where users get rewarded for engaging with brands.

What is Swace?

Swace is a community-based initiative that is seen as a solution to the unsatisfactory user and brand experience with social networks, each with its own perspective. It is a platform for social games based on blockbuster games, including smart games with support for contracts, allowing users to participate by brand and receive prizes. The app economy is based on decentralized blockchain technology and revolves around a token called SWA Coin. The development of the app has reached the beta stage. Application capability for expansion is great, because its appeal is universal and offers solutions to problems relevant to all markets.

Mission

To give users positive emotions and drive activity out of the box. To empower users to control their activity on social media, reward and reward them, and reward them for engaging with the brand.

Vision

Swace became the leading social game platform for everyone: fair, transparent, and on par with the most popular platform in the world.

How It Works Swace Social Games Awards Blockchain

For some of them, none of these two tokens is the right choice. If your preferences are in between, then the Swace solution is perfect. They develop something called a payment token.
SWA flow is not protection or utility. When you take part in ICO Swace, you will not get Swace ownership. In addition, there is no hope for future services. Instead, you will get a locally applicable currency. When the Swace project is launched in May, you will have an in-app wallet as a way to purchase goods and services.

The closest companies that decide to host the ICO face a serious dilemma from the bookmark they will publish. They also face problems trying to stay on the right side of the regulation, which changes all the time. This is very important when companies try to enter the international level. This is because different laws around the world.

Swace SWA Token ICO Read more:

Swace will perform ICO in three stages for its SWA token. According to their roadmap, this is planned for the second quarter of 2018, but the date has not yet been announced.

Distribution of funds

Advisors & Partners: 3%
Bounty, Airdrop & Test Reward: 7%
Founder and Team: 12%
Community Growth: 23%
Public: 55%

Why did Swace choose Lithuania?

Another team chose Lithuania for the event to produce a token. Most of them realize that they do not need to go abroad to these events. The Lithuanian authorities are ready and able to offer consultation on crypt events. In addition, the blockade community is strong and supportive.

As for cost, Lithuania is also quite affordable compared to Switzerland or Germany, for example. Swace has many advantages. They have received a letter from the central bank, indicating that the SWA token is not a securities. In addition, the developers of this project meet with the tax authorities for consultation on various tax issues. For regulatory purposes, SWA tokens are vouchers that allow sellers, and buyers have reasonable expectations for their obligations and rights.

Fundraising

~ 5% → pre-ICO ($ 100 minimum). Funds collected during pre-ICO will be used to broaden our horizons: add more engagement scenarios, reward our advisors, expand marketing campaigns for ICO.

~ 50% → ICO (minimum $ 100). Token sales will involve multiple sales rounds, each with a bonus discount rate and own payment method. Swace retains rights
to have negotiable special offers and discounts for major contributors (over $ 100,000).

Budget allocation
Fundraising objectives:

Soft cap: $ 3,000,000. This will allow us to complete the development in 5 years, but will only allow for a fairly dynamic expansion.

Hard cap: $ 23,000,000. If this is achieved, the development will be completed in 18 months, and we will enter the big market within a reasonable time.
If the crowdsale campaign does not meet its minimum capital objectives, all funds will automatically be returned to the token holder.
The unsold token will enter the vesting period of 1 year and thereafter, added to the community's growth budget.

Budget allocation:
~ 43% research & development
~ 23% HR & corporate development
~ 18% market & community growth
~ 11% legal
~ 5%