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Topic: [ANN] Swarm Fund 1.0 - [OFFLINE THREAD] - page 9. (Read 139863 times)

legendary
Activity: 2898
Merit: 1017
It's not the first and surely not the last time we see delays and missed deadlines in crypto.
Some more professional approach is needed in crypto.
hero member
Activity: 598
Merit: 501
"Friday April the 24th not only the coins from MANNA will be distributed to the SWARMCoin-holders but the Housecoins from COINSPACE as well. Housecoins are the internal currency at Coinspace, created on the Counterparty platform. COINSPACE is a Round 1 project. Housecoins can be used to purchase day passes and memberships to Coinspace. To receive the coins you have to hold your SWARMCoin in a Counterparty-compatible wallet. They probably won't come to you on an exchange because not all of them support the distribution of new coins."

COINSPACE Website

I set up an example wallet on Counterparty. It now has 1000 SWARM. I'll update the topic when new coins come in.

Swarm Example Wallet  



I guess you missed the deadline..  

*not surprised*

You're right, they tried to get the stuff out for over an hour yesterday. Some tech issue, don't know the details. But they will come, they'll try again today. If you feel
uncomfortable with that, I think I can't help you on that. I volunteer for Swarm and helped them to get the message out as early as possible (twitter, newsletter, forum, bitcointalk)
so everybody was able to get the coins to a wallet where they will come to them. Otherwise some people would miss them while their coins were on an exchange or so. There's even an Example Wallet
on their forum so everybody can see all that happens in the open, transparent for everyone to follow. So I hope to see them coming in soon. Just like everybody who hold these coins.      
legendary
Activity: 2898
Merit: 1017
"Friday April the 24th not only the coins from MANNA will be distributed to the SWARMCoin-holders but the Housecoins from COINSPACE as well. Housecoins are the internal currency at Coinspace, created on the Counterparty platform. COINSPACE is a Round 1 project. Housecoins can be used to purchase day passes and memberships to Coinspace. To receive the coins you have to hold your SWARMCoin in a Counterparty-compatible wallet. They probably won't come to you on an exchange because not all of them support the distribution of new coins."

COINSPACE Website

I set up an example wallet on Counterparty. It now has 1000 SWARM. I'll update the topic when new coins come in.

Swarm Example Wallet  



I guess you missed the deadline.. 

*not surprised*
hero member
Activity: 598
Merit: 501
Can we still buy swarms?

Absolutely, the coins are traded on Poloniex and Melotic. There's a tutorial on the website on how to buy SWARM and how
to store them in your own Counterparty-wallet. Here's the link and here's the link to Coinmarketcap.
hero member
Activity: 598
Merit: 501
What's status of SWARM development?  Huh

A lot of work has been done on legal questions and the backend technology. In the next coming weeks a lot of new stuff will be made public. As far as I know
a new Newsletter will go out today. If you subscribe you hear all about it. But feel free to ask questions. I'll answer them here as well.
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
Can we still buy swarms?
member
Activity: 112
Merit: 10
What's status of SWARM development?  Huh
hero member
Activity: 598
Merit: 501
"Friday April the 24th not only the coins from MANNA will be distributed to the SWARMCoin-holders but the Housecoins from COINSPACE as well. Housecoins are the internal currency at Coinspace, created on the Counterparty platform. COINSPACE is a Round 1 project. Housecoins can be used to purchase day passes and memberships to Coinspace. To receive the coins you have to hold your SWARMCoin in a Counterparty-compatible wallet. They probably won't come to you on an exchange because not all of them support the distribution of new coins."

COINSPACE Website

I set up an example wallet on Counterparty. It now has 1000 SWARM. I'll update the topic when new coins come in.

Swarm Example Wallet  

hero member
Activity: 598
Merit: 501
"Friday April the 24th the coins from MANNA will be distributed to the SWARMCoin-holders. MANNA is a Swarm Round 1 project and they're building a Developer Kit for MANNA Dove, the 1st “Smartdrone” that is self-flying & programmable. To receive the coins you have to hold your SWARMCoin in a Counterparty-compatible wallet. Please note that coins at exchanges probably won't come to you! Swarm distributes the coins even over all the coinholders but we don't know if your exchange supports new coins payed out on Counterparty."

MANNA website

Counterwallet

Swarm Forum

Receive the latest updates from Swarm by subscribing to the Newsletter

hero member
Activity: 598
Merit: 501
Can you tell me which Round 1 projects distributed tokens and on what date they were distributed?

As far as I know none of the Round 1 coins were distributed to the SWARMCoin-holders. The only coins that
were distributed so far are the Comic-coins ( https://www.blockscan.com/assetinfo/COMICCOIN ) and some voting-coins.
But these coins weren't part of Round 1, they were before that.  
The voting-coins were used to vote on topics regarding Swarm and "Bitcoin Comic" ( https://www.blockscan.com/assetInfo/SWARMVOTEONE and https://www.blockscan.com/assetInfo/COMICVOTEONE )
What I've learned is that some of these Round 1 coins will be distributed after all. When I have a time and a date I'll update this topic.

legendary
Activity: 1372
Merit: 1000
Can you tell me which Round 1 projects distributed tokens and on what date they were distributed?
hero member
Activity: 598
Merit: 501
I thought the Round 1 projects did distribute tokens.  Is that incorrect?

It sounds like you guys are taking a very unique approach to solving this problem.  Have any particulars been published online?

No, not all of them. But a project like "Bitcoin Comic" worked very well, people got coins, could vote on different subject etc.  http://www.bitcoincomic.org
If you want to know more about the DCO's and the way they work you can join the discussion on the forum  https://discourse.swarm.fund

Thx for the questions!
hero member
Activity: 714
Merit: 502
Thanks for your response.  How is that different from what Swarm did with the Round 1 participants?

Will SWARM holders automatically receive a portion of the crowdsale coins from each of the projects in Round 2?

You're welcome! Swarm tried to do this in Round 1 as well, but the lawyers said no to a lot of ideas because of legal issues. This
is a big problem to a lot of projects in the cryptospace. Swarm decided to get a lot of legal advice and partnered with some universities
as well to try to get this thing solved. Here's a long document about the legal part. http://www.scribd.com/doc/255347578/SWARM-Working-Paper-Distributed-Networks-and-the-Law

So, after that research project, Swarm worked on an answer to all these legal questions. And the Distributive Collaborative Organisation (DCO) came out as the answer. And yes, the tokens will be distributed
to the SWARMCoin-holders (in a counterwallet), they can also be bought directly using a creditcard or BTC. Even some of the Round 1 projects could be changed to the DCO-model, after that some of these projects could distribute their coins as well.    


Still reading through it, but looks like Swarm and Coin Center have put together an excellent analysis there. Also came across this document from Coin Center http://coincenter.org/wp-content/uploads/2015/01/BritoShadabCastillo.pdf for anyone interested in the legalities of issuing crypto equity style tokens.
legendary
Activity: 1372
Merit: 1000
I thought the Round 1 projects did distribute tokens.  Is that incorrect?

It sounds like you guys are taking a very unique approach to solving this problem.  Have any particulars been published online?
hero member
Activity: 598
Merit: 501
Thanks for your response.  How is that different from what Swarm did with the Round 1 participants?

Will SWARM holders automatically receive a portion of the crowdsale coins from each of the projects in Round 2?

You're welcome! Swarm tried to do this in Round 1 as well, but the lawyers said no to a lot of ideas because of legal issues. This
is a big problem to a lot of projects in the cryptospace. Swarm decided to get a lot of legal advice and partnered with some universities
as well to try to get this thing solved. Here's a long document about the legal part. http://www.scribd.com/doc/255347578/SWARM-Working-Paper-Distributed-Networks-and-the-Law

So, after that research project, Swarm worked on an answer to all these legal questions. And the Distributive Collaborative Organisation (DCO) came out as the answer. And yes, the tokens will be distributed
to the SWARMCoin-holders (in a counterwallet), they can also be bought directly using a creditcard or BTC. Even some of the Round 1 projects could be changed to the DCO-model, after that some of these projects could distribute their coins as well.    
legendary
Activity: 1372
Merit: 1000
Thanks for your response.  How is that different from what Swarm did with the Round 1 participants?

Will SWARM holders automatically receive a portion of the crowdsale coins from each of the projects in Round 2?
hero member
Activity: 598
Merit: 501
Could you tell us more about this great stuff?

When someone wants to launch a project using coins, there are different options. You can sell coins which give you the right to use software (eg. Ethereum, Factom, GetGEMS etc).
Swarm is working hard on a different option called a DCO. This stands for Distributed Collaborative Organisation. When you have tokens from a DCO, they can bring you much much
more than just the right to use software. They'll give you the opportunity to vote on decisions to be made about the project, while at the same time you can make profit on your coins when
the projects makes money. So a non-profit organisation can issue coins to do blockchain-voting while a great App for your phone can issue coins which let you vote and make you some money
when they become popular. Over the last few months a lot of projects applied to be launched as a DCO trough Swarm. Five of the projects were selected for Round 2 and in the coming months
they'll do their crowdsale on the Swarm-platform.    

There is more info on the new Swarm forum >> https://discourse.swarm.fund  
legendary
Activity: 1372
Merit: 1000
Could you tell us more about this great stuff?
hero member
Activity: 598
Merit: 501
this shit still exists?

Yes it does. A lot of great stuff going on.
hero member
Activity: 700
Merit: 501
this shit still exists?
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