Topic: Swarm Fund looks really interesting - page 3. (Read 3218 times)

Is it really worth it to invest here? Because i have decided to try on investing to some alt coins,I should really do a deep research about this but do they have a thread here in bitcoin talk forum? I think they lack some marketing and advertisements?. I think this project will become successful, In my opinion they should really have a big investment on marketing.

Yes it is similar to Dao, but Dao was an accidental project. Swarm is a carefully though one, they're actually trying to work with legalities of raising money. Moreover, dao, although it could have been but doesn't have pre-determined projects and swarm has lined up start ups and other 3rd parties expressing their interest. Interesting times ahead.

Innovative fund makes people wise to invest, I will invest those projects they invest.

very true, their logo is like wings and birds, hope if later ico finished will be like a flying bird and I hope the price continues to fly up and not fast the occurrence of dump, what is the meaning of plagiarism? have you ever seen the same logo as swarm? what is the name of the project?

yes what you say is that swarmfund is very interesting, but ICO is always delayed, rather annoying. but it's okay .. I wait patiently 

There are so many ICO sites and you couldn't find the date?))) The new crowdsale dates are Oct 21 - Oct 27.

Apologies if this has been posted before, but when is the planned ICO date?

I don't agree. When you look into forums they launched project with nearly same name 1 or 2 year ago. And they scrapped it. There is no light behind whitepapers for me. BUT I would still love them to be successful.

As someone who's worked at tech startups,

I want no part in funding tech startups...

These companies burn money like crazy and most of them will fail miserably

I agree and suppose the team will take this out. They have too much experience and the best lawyers to make this bad =)

I think this idea is very promising but also need very careful consideration in determining the type of coin that will be in use later Because until now a lot of coins are scattered but people prefer to get the coins that really have the best quality like etherium.

it makes sense, silicon valley based startups have access to more traditional sources of venture capital

cryptos most succesful use case so far has been crowdsourced investment capital which silicon valley has less of a need for at the moment

seriously, why so few icos are based out of silicon valley is baffling. perhaps the desire to avoid US regulations is a major factor but its only a matter of time before the tech titans get heavily involved in crypto. excited that swarm fund is leading the way!

Yeah you right! swarm fund can compete with other ico projects in the market and they have strong foundation and team.

the team is really solid. also the fact that they are based out of silicon valley says a lot. very few icos are based out of silicon valley and once the tech hub of the world really starts throwing its hat into the crypto ring things are going to get very interesting

I have gone through the background of the team and went into depth reading their whitepaper. If executed properly with the vision that they have, this could have huge potential in the future. I will be following this closely for sure.

ahh, that makes sense, was wondering about this, thanks for clarifying

that was swarm 1.0

they had an amazing vision but it was a bit ahead of its time. since then the dev team has realized what it was going to take to make this project a reality and have committed more time and resources to evolve the project into swarm 2.0

Their logo looks like wings, and they have made threads 1 year ago, however I see swarmfund less attractive, because they are a bit plagiarism

Swarm Fund Public Token Sale Re-Opens October 21st - First Liquid Democracy Vote to Immediately Follow the Sale
by Philipp Pieper


Swarm Fund has extended the pre-sale period and will open the SWM public token sale from October 21 to October 27. We came to this decision after conferring with our legal and institutional partners, and realizing we needed additional time to accommodate the shifting regulatory landscape.

On September 7th Swarm briefly opened a public sale and then switched to an ambassador-only pre-sale. Refunds were given to any unsatisfied participants in the short public sale, which were taken up by 5.3 percent of all crowdsale transactions, representing $75K. Since then, additional pre-sale funds of $2.5M for a total of $4.7M have been committed to date.

We chose this revised schedule in light of the following:

Continued Token Swap: To accommodate Swarm token holders who were unable to participate in our token swap; particularly since Poloniex has now agreed to allow holders of Swarm 1.0 tokens to transfer them off their platform. More information to be released shortly.

Asia: In consideration of investors in Asia who have requested more time to participate in the sale as they navigate the regulatory situations across the region.

US Investor Accreditation: As we want to be as inclusive to the investor community while legally compliant, we are using the additional time to make the process as simple as possible for US-based investors to navigate any accreditation hurdles to participation. More information to be released shortly.

Community Involvement: We have received ample feedback on the liquidity release feature of the SWM Token. Since we are building Swarm as a platform based on community participation, and are launching with a product that puts decisions in the hands of the Swarm community, we are taking this time to incorporate relevant suggestions that will improve all aspects of this offering. As we close the sale, our liquid democracy platform will be operational with the Swarm Token holder community voting to decide on the liquidity schedule, as well as the appointment of board members.

We believe this new process and timeplan gives the community the best access and time to participate, while simultaneously providing us with the opportunity to do this in a much more safe and compliant way, via auditing all steps of the process. Within this new procedure and time schedule, we are able to continue with the pre-established token pricing curve, while holding true to the initially promised first token liquidity (moved by three days to November 6th).

As part of our roadshow, we have traveled to Los Angeles and New York City, as well as six other countries over the past week. The reception has been extremely positive from the institutional finance world, private wealth management and others in the broader financial community.

We strive for transparency in our processes, and are equally committed to deliver real value from day one, particularly in the current, and dynamic landscape. When the first liquid democracy vote goes live on 10/31, Swarm Token holders will be asked to participate in their first voting process, in order to appoint the Board and the go forward liquidity schedule for Swarm Tokens. This indoctrinates them as a part of liquid democracy, engaging all Swarm members directly in deciding the future of the platform.

We are very excited about the overall community’s enthusiasm for this project, and the positive feedback we are receiving. It’s truly helping us shape this venture and ensures it evolves in the best possible way.

OFFICIAL SALE TIME SCHEDULE:

Pre-sale will continue until 10/18 23:00 UTC
Swarm public sale opens 10/21 14:00 UTC and closes 10/27 23:00 UTC
Liquid democracy voting on Board selection and Swarm Token liquidity release begins 10/30 14:00 UTC until 11/3 23:00 UTC
First liquidity release for token tradability 11/6 15:00 UTC