SWACE PROJECT OVERVIEW

in #ico6 years ago (edited)

INTRODUCTION

The social gaming industry has undergone a substantial evolution and Swace is at the forefront of this revolution basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations with Swace at the forefront of this innovation. With Swace platform companies can interact with the target market and the users of this platform get rewarded for engaging with brands.
Swace is presenting an ancredible investment opportunity for investors https://www.swace.io/

To get you more in tuned, I would love you to check out this video presentation by SWACE

ABOUT SWACE

Swace is a blockchain-based social gaming platform where users gain rewards for engaging with brands.
Swace is a community-driven initiative, envisioned as a solution to the unsatisfactory experiences users and brands have with social networks, each from their own perspective.It is a blockchain-based social gaming platform featuring smart contract-enabled games to empower users to engage with brands and get rewarded.The app’s economy is based on decentralized blockchain technology and revolves around a token called the SWA Coin. The development of the app has reached beta stage. The app’s potential for expansion is great, as its appeal is universal and it offers a solution to a problem relevant to every market. The project has a convenient interface and will be understandable to any user. The price of crypto currency is quite competitive, which ensures the availability of the project for different target audiences.

Now that I have your attention, let's get on how it really works.

HOW SWACE WORKS

On Swace, there is an administrator with balance to regulate the internal economy of the project. Each brand also has its own cryptocurrency. As a brand opens the game, artificial intelligence selects participants. A brand invests a certain amount of tokens into this task, where they are frozen and remain under reliable protection. To participate in the game, a user should deposit his/her own part of the money from wallet. Thus, the remuneration fund is summed up, with a specific share allocated for reimbursement of expenses to the project. When the conditions of the smart contract are satisfied, the reward fund is distributed among the users who participated in it.

SOLUTION PROVIDED BY SWACE

The developers of Swace saw every one of these issues and chose to concoct an answer. The arrangement is lawful as per EU and Lithuanian control. Regularly, there are two kinds of tokens: utility and security. A security token is an archive that gives certain possession rights to the holder. Generally, it is a propelled kind of IOU.

The other kind of token is the utility token. These tokens offer access to an administration by means of the blockchain. They give holders a characterized utility inside the network. Fundamentally, an utility token is a propelled coupon for future administrations. The vast majority participate in utility token ICOs with the expectation that the value will rise.

Advantages

Users

Reward in real value coins and brand prizes
Self appreciation, acknowledgement
Fun, rewarding gamified lifestyle

Businesses

Unique advertising and media channel
High levels of continued user engagement
Users form habit of using the brand's products

TOKEN DETAILS

Token name: SWA
Standard: ERC-20
Token amount: 2 700 000 000 SWA
Price: $0.02
Soft cap: $3 000 000
Hard cap: $23 000 000
The minimum amount for participation in the project is $100.

Token Distribution and Budget Allocation

Token is Distributed as follows with 55% been allocated to crowdsale, 3% to the project partners, 12% to the team, 23% to marketing expenses, and 7% to the bounty campaign.

And the budget is allocated with 43% to be invested in the project, corporate development (23%), marketing campaign(18%), legal (11%) and unforeseen (5%) expenses

CONCLUSION

Swace is at the forefront of the social -gaming revolution and have presented an extremely promising platform, which users will find really facinating with its wide offer and unique approach. You can increase your activity or interest in a particular case, or you can become an independent product tester and earn on it, this project is undoubtedly one of the promising project around and investors can be rest assured of the success of this project.

ROADMAP

TEAM
Team definitely has to be an important part of a project and i can with strong conviction say that the swace team are composed of professional that are highly experienced in their professional field and they have got great vision to ensure an nonnegotiable success of this incredible project.

For more information, please visit the links i have provided below;

WEBSITE: https://swace.io/

WHITEPAPER: https://www.swace.io/downloads/Swace_Whitepaper.pdfv

TELEGRAM: https://t.me/swace

TWITTER: https://twitter.com/swaceapp

FACEBOOK: https://www.facebook.com/swaceapp/

MEDIUM: https://medium.com/swace

BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3675956

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409

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