[ANN] Swarm Fund 1.0 - [OFFLINE THREAD] - page 11.

zeeman

hero member

Activity: 598

Merit: 501

Quote

I guess my key question is:
Is what Swarm gets tied to what the Swarm campaign generates in terms of funding? There don't seem to be any links anywhere specifying the terms.

As I said before, the details will be made clear way before the new projects start their funding. But to already give a little answer to your question, SWARM is way cheaper than
let's say kickstarter and others taking between 5% and 10% of the crowdfunded money. SWARM's also kinda different to them. SWARM supports the new projects with time, legal advice etc.
It's quite thinkable that Swarmcoin holders get a fee in coins for the new projects. Counterparty provides the possibility to pay out coins (like BTC) as a sort of "dividend". And because
SWARM is holding coins themselves, the answer to your question would be yes, it should be a win-win situation where everyone involved shares risk and (hopefully) some profit.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Haven't really read up on swarm... But I'm curious... What if I have a project/idea, how can i get funding via swarm?

dataMaestro

newbie

Activity: 33

Merit: 0

Quote from: zeeman on February 24, 2015, 04:11:29 PM

Quote from: dataMaestro on February 24, 2015, 08:11:14 AM

A couple questions about this:
What's the most any individual startup has gotten out of a SWARM campaign?
What does SWARM get in return in this round - and what happens if a startup doesn't get much more than the minimum $5,000 amount from their swarm campaign?

Thanks for the questions.
There where a small number of projects launched on the SWARM-platform. The biggest one is about $25k for Bitcoin Comic, not really a startup though...
The project was a pilot and a great succes. Take a look here....

http://www.bitcoincomic.org/

Now the legal questions are answered, bigger projects can be launched on the platform. The full details will be made clear way before launch of the upcoming projects.

I guess my key question is:
Is what Swarm gets tied to what the Swarm campaign generates in terms of funding? There don't seem to be any links anywhere specifying the terms.

zeeman

hero member

Activity: 598

Merit: 501

Quote from: dataMaestro on February 24, 2015, 08:11:14 AM

A couple questions about this:
What's the most any individual startup has gotten out of a SWARM campaign?
What does SWARM get in return in this round - and what happens if a startup doesn't get much more than the minimum $5,000 amount from their swarm campaign?

Thanks for the questions.
There where a small number of projects launched on the SWARM-platform. The biggest one is about $25k for Bitcoin Comic, not really a startup though...
The project was a pilot and a great succes. Take a look here....

http://www.bitcoincomic.org/

Now the legal questions are answered, bigger projects can be launched on the platform. The full details will be made clear way before launch of the upcoming projects.

Chang Hum

hero member

Activity: 714

Merit: 502

Has anyone got a copy of the original PDF the swarm team presented this idea with? it's called "swarm-booklet". The original dropbox links expired or been removed.

dataMaestro

newbie

Activity: 33

Merit: 0

A couple questions about this:
What's the most any individual startup has gotten out of a SWARM campaign?
What does SWARM get in return in this round - and what happens if a startup doesn't get much more than the minimum $5,000 amount from their swarm campaign?

zeeman

hero member

Activity: 598

Merit: 501

Swarm is opening its second round of investment for projects on its crowdfunding platform, as well as revealing a new legal structure for distributed organizations. Along with what they believe to be new, sound legal footing is a new name for these newfangled blockchain powered organizations: Distributed Collaborative Organizations or DCOs. Swarm, for the uneducated, is a crowdfunding platform and bitcoin incubator that utilizes both Ethereum and Counterparty to enable companies to launch their own coins for crowdfunding and the holders of Swarm's own coin will receive a proportional amount of all coins launched on the Swarm platform. Swarm uses the money raised in the sale of its own coin for expenses and investing in promising projects.

This time around, they are partnering with Focus Investments, who has already invested in Gems, NXT, Counterparty, Factom and others. As was the case in the first class of companies, Swarm will be adding five companies to its platform. Swarm plans to invest between US $5,000 and US $50,000 per company. That investment would be in addition to anything else the crowd invests into the company by buying their coins themselves. Companies can submit their pitches to Swarm starting today until Friday, February 27. While the investment totals aren't high enough that companies won't have to seek out other outside investments, the amount is enough to be a powerful motivator for getting companies to use the platform and therefore, getting more useful companies on the platform for people to invest in.

http://cointelegraph.com/news/113541/swarms-accepting-submissions-for-second-class-investments-and-announces-legal-framework-for-dcos

You can add your project if you like, using this link:

http://swarm.force.com/

Only a couple of days left!

zeeman

hero member

Activity: 598

Merit: 501

"SWARM Working Paper, Distributed Networks and the Law"

https://www.scribd.com/doc/255347578/SWARM-Working-Paper-Distributed-Networks-and-the-Law

zeeman

hero member

Activity: 598

Merit: 501

After the project being in BETA for a while due to legal questions like "When is a Token a Security? SWARM is finally going for the 1.0 version. A lot of work by the team is done and SWARM will be the first, fully functioning "Distributed Collaborative Organization".

You can read more about the project at:

https://medium.com/@Swarm/state-of-the-swarm-7835b413f3d4

For the Coindesk article about digital tokens and the legal issue go here:

http://www.coindesk.com/token-security-research-analyzes-blockchain-us-law/

Wanna stay in touch? Subscribe to the newsletter:

http://swarmcorp.us8.list-manage1.com/subscribe?u=4732a1fb776368d4ae20d1c89&id=0b6d6debd1

SWARM is looking for more agents (I already became one!) ...

https://docs.google.com/forms/d/15mNeZ9nkakiXAFgDGTWxDOphed1ldxkaGyLsEo-qxOs/viewform

Feel free to ask questions...... As an agent maybe I can help out as well, otherwise we'll ask Joel or one of the others.....

sdersdf3

sr. member

Activity: 280

Merit: 250

Is this coin dead?

kimmel

newbie

Activity: 27

Merit: 0

http://swarm.lefora.com/topic/104/State-of-the-Swarm#.VNPmYxCG8sk

Grin

yeah, quite dead, I guess they are too busy taking mojitos in the beach, to enter here and posting an update

mostly because their forum is empty and sucks LOL Roll Eyes

sparta_cuss

sr. member

Activity: 386

Merit: 250

I guess the Bitcointalk forum isn't their main medium for communicating. It would be nice if Joel or Jef came on here to give us an update, though.

I just checked their Facebook and Twitter feeds, and it looks like they've been quite busy at conferences and getting to know people who might help. While that does not seem to translate yet into viable projects, it does look like this coin is still alive. From what I gather, the biggest hurdles right now are regulatory.

Does anyone else have any information?

Kalkuuuta

member

Activity: 64

Merit: 10

Quote from: sparta_cuss on January 26, 2015, 12:41:01 AM

Quote from: Jonesd on January 16, 2015, 03:55:31 AM

Quote from: mishax1 on January 16, 2015, 03:15:42 AM

Maybe this will answer your questions.. - http://swarm.fund/projects

The new projects seem to have some real backers, so that is nice to see.

Not impressive. There are only a few projects, they have not received much funding, and there is no word on anything else in the pipeline. I don't detect a pulse.

Can a principle from SWARM come on here and provide an update or an explanation?

When have follow this project that looks like this guys get very big moneys to run business but they have only waste time without doing more than collect few bitcoin for some dog game Grin

I don't really see why this coin have any value.

mamamae

legendary

Activity: 1188

Merit: 1001

well if a pulse was here wasn't for sure mine

sparta_cuss

sr. member

Activity: 386

Merit: 250

Quote from: Jonesd on January 16, 2015, 03:55:31 AM

Quote from: mishax1 on January 16, 2015, 03:15:42 AM

Maybe this will answer your questions.. - http://swarm.fund/projects

The new projects seem to have some real backers, so that is nice to see.

Not impressive. There are only a few projects, they have not received much funding, and there is no word on anything else in the pipeline. I don't detect a pulse.

Can a principle from SWARM come on here and provide an update or an explanation?

Jonesd

legendary

Activity: 1876

Merit: 1014

Quote from: mishax1 on January 16, 2015, 03:15:42 AM

Maybe this will answer your questions.. - http://swarm.fund/projects

The new projects seem to have some real backers, so that is nice to see.

mishax1

legendary

Activity: 2898

Merit: 1017

Maybe this will answer your questions.. - http://swarm.fund/projects

bufferfund

newbie

Activity: 31

Merit: 0

does everything go well on the right track ? Huh

sparta_cuss

sr. member

Activity: 386

Merit: 250

Quote from: Jonesd on January 09, 2015, 05:07:07 AM

Is this still going?

Good question. It's been a few days since you asked, and...

Jonesd

legendary

Activity: 1876

Merit: 1014

Is this still going?

Topic: [ANN] Swarm Fund 1.0 - [OFFLINE THREAD] - page 11. (Read 139876 times)