English name of Token: SwftCoin
Ticker of Token: SWFTC
Chinese name of Token: 速币
Country of Incorporation: USA,Singapore
Investors: Draper Dragon Digital Fund, Japan Blochchain Fund, Canada Blockchain Fund, Geek Fund, Yew York Blockchain Fund, NODE Capital
Industry&Facts & figures: SWFT integrates major exchanges and leverages blockchain and AI to lower risk and execution costs. SwftCoin is SWFT's token utilized to facilitate transactions.
Description of the project:
SWFT is a next generation worldwide transfer protocol. The core team is based in Silicon Valley. SWFT works within the current distributed blockchain ecosystem to create a next-generation global transfer protocol, which is more aligned with the ethos of blockchain’s distributed ledger technology compared to Ripple. Transfers are divided into four parts: cryptocurrency to cryptocurrency, cryptocurrency to fiat, fiat to cryptocurrency, and fiat to fiat. SWFT introduced transfers between cryptocurrencies already with other transfer capabilities to be released in the future. SWFT’s platform is based on a cross-chain transfer protocol, leveraging APP/Website/API to create a one click cryptocurrency transfer platform, users enjoy a simple, quick, and cheap cryptocurrency transfer, avoiding complicated trade execution and risk from significant price volatility. SWFT platform utilizes blockchain, machine learning, and big data to achieve risk hedging, fast execution, and cheap transparent fees. SwftCoin (SWFTC) is SWFT platform’s token used for facilitating transfers, utilizing SwftCoin provides you with transparent low fees. As the only recommended utility token for fees, SwftCoin will be the next digital currency to challenge XRP. For more details, please visit swft.pro.
Total available supply:10,000,000,000 SWFTC
Tokens in circulation: 3,500,000,000 SWFTC(2018/2/24)
Pre-sale start date: 10/2017-11/2017
Pre-sale amount: About 800 BTC
Pre-sale: Abhout price: 0.3 RMB
Public sale start date: N/A
Public sale amount: N/A
Public sale price: N/A
30% of all tokens will be distributed during the Initial Token Sale.
20% of all tokens will be reserved as an asset to bring value to early investors and market promotion.
20% will be used to incentivize founders, employees and the development team.
25% for business development, market expansion, and investment.
5% for academic research and education.
Official site: http://swft.pro/
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.