Swace.io
warm greetings back with me wandy92 i am here to discuss about swace.io.
Swace is a blockchain-based social gaming platform where users get rewarded for engaging with brands.
Swace is a community-based initiative, which is regarded as a solution to experience and brands satisfying the nature of social networks, each from their own point of view. This is a blockchain-based social game platform game equipped with smart contracts to empower users to interact with brands and get prizes. Economic blockchain technology applications are based on decentralization and ranges are called SWA coin marks. Application development has reached the stage of beta. The potential for large expansion applications, because of its appeal is universal and offers solutions to problems related to each market.
Swace looks at all these issues and decides to find a solution. The solution is valid under EU and Lithuanian policies. Generally, there are two types of tokens: utilities and security. A security token is a document that grants some ownership rights to the holder. In essence, this is an advanced type of IOU.
This token provides access to services through blockchain. They provide utility utilities that are specified in the network. In essence, the utility token is an advanced coupon for future services. Most people participate in the ICO token utility in the hope that its value will rise.
Swace Prize will make a Social Prize
For some, none of these two tokens is the right choice. If your preference is between the two, then the Swace solution is perfect. They have created something called a payment token.
SWA token is not security or utility. When you join ICO Swace, you will not be able to have a part of Swace Company. In addition, there is no commitment to obtain services in the future. Instead, you will get some money applied locally. When the Swace project is launched in May, you will have an in-app wallet as a way to purchase goods and services.
users can pay to participate in the game. They can also buy things. However, this does not mean you have purchased company services. It is a kind of money exchange abroad so you can buy something. When you give your Euro and get rupee or degrading as payment, you have nothing but money. Just put a coin in your wallet and choose how you spend it. This is how payment tokens work.
Swace will hold ICO in three stages for their SWA token. Their roadmap states that it is scheduled for Q2 in 2018 but the date has not yet been announced.
Budget allocation
Advisors & Partners: 3%
Bounty, Airdrop & Test Reward: 7%
Founder and Team: 12%
Community Growth: 23%
Public: 55%
Why Swace chose Lithuania
More teams are choosing Lithuania to perform token-making events. Most realize that they do not have to go abroad for these occasions. The Lithuanian Authority is ready and able to offer consultations on crypto events. In addition, the blockchain community is strong and supportive.
In terms of cost, Lithuania is very affordable compared to Switzerland or Germany for example. Swace has many benefits. They have a letter from the central bank indicating that the SWA token is not an important role. In addition, the developer of this project has met with the tax authorities to consult various tax issues. For regulatory purposes, the SWA token is a voucher that allows the seller, and the buyer has reasonable expectations for obligations and rights
For, get accurate information:
Website: https://swace.io/
Facebook: https://www.facebook.com/swaceapp/
Twitter: https://twitter.com/swaceapp
Telegram: https://t.me/swace
WHITEPAPER: https://www.swace.io/downloads/Swace_Whitepaper.pdf
Author: wandy92
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