Topic: Old Swarm Thread (Read 10513 times)

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Is there a basic list anywhere of all projects SWARM has successfully funded?

I'm selling swarm on counterpart dex if interested.

need a more support in order to do that.If this coin can gather more members than it can be listed for sure.

SWARM should be listed in a centralized exchange, like SJCX etc. I don't see why it hasn't been done yet

I'm selling Swarm if you're interested.

what price?

I want out. Who wants to buy my SWARMPRE for discounted price?

very good coin.

Not quite sure how this became the "official thread," but it isn't any longer. See this thread for more information.

Requesting DistributedBuzz post link in original post and remove any other information.

 :Dcrazy

Good, I am in.

Thanks for the clarifications so far!

Generally correct, but requiring clarification on two points.

(1) One of the primary values of the Swarm coin is early access to Swarm events and participation in preferred presales of coins launched via the Swarm network.  

(2) What we can and can't do will largely depend on the legal jurisdiction. This is a bit sticky since there are a lot of different regulations concerning these things, so we can't make blanket promises regarding our ability to do things as an "investment." For example, a lot of the projects we are looking at now are DAOs that run on top of a non-profit, which is not a "business" in the normal sense of that word.  


This is a feature we are planning to unveil at Coinsummit in London in a couple weeks.  

Early access to a crypto-YCombinator vs. an established VC fund? Not sure, but generally early access to a promising new model in preferable to the old guard. Also VC funds have a substantial lock period whereas everything Swarm related is extraordinarily liquid (relatively speaking).


This is also something we are planning to unveil at Coinsummit. The most compelling model looks a lot like YCombinator but more fluid and flexible.    


I strongly doubt that there is a completely trustless way of verifying this, but if you can design something like this I'm very open. Given that we are very excited by and focused on Blockchain businesses, it is very possible to have a fully auditable chain of transactions.

 I strongly suspect we will be forced to play the jurisdictional thing and register in multiple countries and lock out certain countries from certain types of offers. We were discussing this last night and even in event of a total lockout from the SEC, we could still offer crypto-fundraising for non-profits in the US with voting rights attached to those tokens (not great as an investment, but still a business model as valid as Kickstarter). That's to say that there are a lot of options and we are exploring all of them.


3 months. There are a lot of auxiliary features we want to add (like coin-powered voting), but we would plan to add most if not all of them via externally managed products financed by coins. That's why we are actively taking solicitations now. We are also planning to announce the next couple coins that will be swarmed at CoinSummit.

Just wanted to let everyone know I completed a review of our responses to questions so far. As probably everyone here has noticed, our responses on Bitcointalk have been pretty poor, partially because we had a team member drop out at the last minute. Apologies.

Here is this assessment:


 
I have a complete list of every question that asked that hasn't been answered and am going to spend a good chunk of time making sure that we answer every question moving forward.

I'm actually looking at creating a new Swarm thread that I control and that we will use for all future communications.

I know a lot of people have also asked about our financials, including the non BTC assets. That's listed here:
https://docs.google.com/spreadsheets/d/1L22MqtUU9wTUICeQKOtV4m6DbUq1asykvG4BRxxiBPM/edit#gid=0

I just skipped through the website, the OP and the coindesk article http://www.coindesk.com/swarm-take-bitcoin-crowdfunding-new-heights/. As far as I got it it is supposed be a crowd based VC company for "Bitcoin business ideas" (of chain or on chain businesses or both?). They take the money from the investors in swarmcoin and invest it in those businesses.
Correct?

The questions for me are:
1) How does the crowd assesment process work? Does the Swarm team make a preselection and all Swarmcoin holders (proportional to their stake size?) then vote on which business to fund? 
3) Why give money to swarm if I can invest it into Andreessen/Horowitz?
4) If a business is funded, do Swarmcoin holders only get a standard fee that is charged or do Swarmcoin holders get a stake in the funded business like an investor in a VC fund would get if a VC company funds a business?
4) I strongly assume the latte is the case. If so: How can I be SURE that all the equity in the company that Swarm gets for their "VC money" they give to the business goes ALL to the Swarm holders? Is there a trustless process of verifying that the Swarm team didn't make a deal with the funded business so they get an extra cut?
5) What about the legal issues addressed in the coin desk article? Contingency plan?
6) How far is the platform away form (full) functionality (in weeks/month not in % )?

I am in, it will be a good platform.

I see…

So let me take a shot at guessing what unique opportunity the GOLDTICKET will offer:

“Every holder will have a chance, after the IPO, to buy as much swarms as (s)he wants, at the Grate rate of 1000 swarms/BTC”

Can’t wait to see what the master….minds have in mind! 

Not a joke, but a plot point in a movie from 1971, Charlie and the Chocolate Factory.

Investors in Swarm have been issued an additional asset called "GOLDTICKET."

Is this a reference to some common joke that I have missed?