Topic: SWATCoin - page 151. (Read 54838 times)

WE can make suggestion :

1. SWAT
2. SWATC
3. SWATX
4. SEWAT
5. SWTX
6. SWAAT
7. ASWAT
8. ASWTC

Let write your coin name suggestion here ☺️

hye everybody,

We still have a room to discuss about our swtcoin future ..

    If we need to change a new name, i think still ok before new blockchain,
    we can suggest 1st then do a swap on 15th june when new blockchain rady
    ex : swtcoin to swatx with 1:1 ratio .
    For me not an issue for changing the name because we have a reason and
    we must explain well to our investor , they can accept it because investor only
    want to know about our project future.
    So let take it as simple as we can , because we want to move further .

in my humble opinion for current situation .

heybeablack, Otclegend, casinista86, zedrat, ponomarevolegmsk, pwrproperty GetHJR, Thanks to all of you! For actively joining the discussion and for your valuable feedback and suggestions! I appreciate it! Also thanks to Merlin who posted his feedback and suggestion on twitter.

I am sure there are several others who are discussing this on other language forums as well. All this establishes just one fact. All of us may have different opinions, have our own vision for the project and different suggestions as to how the project should go ahead. The underlying fact is each one of us want the project to succeed abd reach great heights soon. I appreciate that!

Or SWATC .. C for Coin

Just add a T and make it SWATT. Or leave it. Whatever decision you make we will all follow.

Mы нe eщё нa Yobit. Mы этo плaниpyeм

Дoбpoгo вpeмeни cyтoк a тe  тoкeны.чтo нa плaтфopмe wows лeжaт c ними чтo?мoжнo ли бyдeт пepeвecти иx нa yobit?

I understand you! But Dilip already announced it on Swtcoin.network and it's already annonced on vk.com/swtcoin.network too. So if you are agree we will wait untill 15 june to make a final choice. And change anything now will not be professional. People may think we do not know what we are doing. It's my opinion

Not the best solution to use different names in terms of marketing. That's just my opinion. and called the police unit when approving private transfers.

We will be SWTCoin.. but our symbol on any exchange will be SWAT.. Like Bitcoin and BTC Ethereum and ETH, Monero and XMR, Ripple XRP, etc.,

Hello Dilip you have all my confidence, if this is the best solution for you, let's go on like this, for me it's okay

Why can't I use SWTCoin?

We can’t use SWT, SWTC and you strongly against SWAT. What do you propose ?

Do you propose to create another coin? But wait we have a coin swtcoin or you propose to create an ICO on the Exchange Swtcoin.. Please clarify.

Minute.. I like any name.. But... SWAT is the U.S. police... Any cryptocurrency valued for anonymity therefore unattainable for the police of any country.
It is from this point of view to call a coin a division of police is not the best commercial solution.

I too think that the name is good. If what we are, the team is a capture group along the mining coral space. Created for high-quality and reliable and self-motivated work for the benefit of humanity in general.

I think everything will be okay if we say that SWAT = Secure Wide-Spectrum Authenticated Transactions. And also we are not using their logo

...Continuation of An Idea to Use SWAT!

Check this screenshot from Yobit about the different options of ICO that are available.


From among the various options we choose the 100% Buy Wall option which does not have any pre-pay requirement. What is this buy-wall? If you see the last ICO on Yobit it was for TAXI which was on 21 Feb 2018 and used the 50% buy-wall option with a 0.25 BTC upfront payment requirement. A 50% buy wall means there will be a buy wall created at 50% of the the ICO price using the BTC collected from the ICO.  

This has lesser risk than the 100 % buy-wall option because in four days (that is time of lock in peroid for getting our ICO money) the is a very less probability that the price of the coin will drop below 50 % of the listing price. With the 100% buy-wall option the wall will be created at the actual ICO price and if the price drops below the listing price of the ICO the money collected during the ICO might get sold into and thereby reduce the BTC available to us after the four day lock in period!

We are targeting a price of USD 0.05 for the ICO, which works out to 519 Satoshi in BTC terms 0.00000519 BTC. During our initial discussions we had decided we will go for a BTC fork to get the participation of BTC holders and offer them an airdrop of the forked coin in the approximate ratio of 15:12 to get a good price for our coin. We dropped that and went on directly with the current idea. Now with this bold option we are choosing to go with let us offer 119 million SWAT for the ICO at a price of 569 SAT taking in to consideration the 10% fee we have to pay to Yobit post the ICO.

This works out to 119000000 x 0.00000569 = 677.11 BTC of which 67.711 BTC will be Yobit's fee. If everything goes well what we are left with is 609.399 BTC. This will take our project to a different level. We would have also raised our coin price to more than USD 0.05.

Already there are investors who wish to distribute our Pocket Miners in Russia, Nigeria, Vietnam, the US, Italy, Malaysia, Korea and India. We can ramp up production of our Pocket Miners, advance our release dates and take our coin to a much higher level much sooner than the earlier landmark dates.

In case the the ICO doesn't succeed Yobit will burn the coins and we just lose the cost of having developed the SWAT version of the coin. I don't think this will happen. We should take this risk with our SWAT coin is my stron belief. The success of the ICO depends on two thing. One is Yobit accepting our application for ICO and the second investors not selling our coin below ICO price. Since the investors on Yobit are looking for good ICO's an if Yobit accepts this it will be the biggest ICO on Yobit till now with a good fees of 67.711 BTC fees, there is a strong possibility of Yobit accepting this ICO. We can offer good discounts during of pre-booking of Pocket Miners for investors who buy more than 10000 SWAT during the ICO and hold it till September 2018 to motivate investors not to sell SWAT after the ICO!

Looking forward to receiving your feedbakc and suggestions! I am sure every one in our community has the courageous to take a bit of risk to achieve greater things soon!

Cheers Everyone!

An Idea to Use SWAT! (Long Post Warning!)

The SWAT discussion is going on!  And there are several who like the symbol/ticker SWAT on the one side an on the other side we have the objection raised by ponomarevolegmsk yesterday saying it is the abbreviation for a police force and should not be used. Oleg (ponomarevolegmsk) being the legal and financial expert that he is, obviously has the justification to be concerned about the possibility of potential legal complications we might face in the future if we use SWAT as the ticker for our coin and we respect his views!

On the other hand there have been suggestions varying from retaining it till June 15th to not just liking it and using it but to even take the design of the coin from the actual swat coins (challenge coins given as awards and sold as replicas) themselves! See this image and suggestion below!


There are different opinions and suggestions and many seem to like the idea of SWAT.

In plain English the dictionary meaning of swat is "hit something with a flat object" and as per my response in one post, swat means..  how we plan to hit our competition down flat with our Pocket Miner! So swat in plain English is a good representation of that idea! In many parts of the world people are not aware that swat is also an acronym for a police force in the first place!

Meanwhile Yuriy has already come up with this and many other designs based on the SWAT theme!


This is an idea of how we will use SWAT. Looking forward to responses from every one!

When we get our blockchain ready along with the wallet and the new coin let us take a bit of risk with the the SWAT named coin to generate some additional funds for the project. The spirit of Entrepreneurship is based on our ability to take risk, without which we will never ever be able to succeed in life and in this fiercely competitive world of ours. The beauty of our project is that each one of us is a true entrepreneur in his own right though the quantum of risk taken by each one of us is different!

While we take this risk it also gives us an important opportunity simultaneously to take the coin to the valuations of USD 0.05 we are aiming to achieve in the months of July, August & September 2018. If our effort succeeds and we achieve our goals of generating sufficient amount of funds to take the project to the next level and raise our coin valuations to USD 0.05, we will see if it is worthwhile to retain the coin with the same name SWAT by facing any leagal hurdle that crops up if and when it does. If in the unlikely event that it doesn't succeed we will drop the name SWAT and develop another version of our coin with another name such as SWTX!

There is an option on the Yobit exchange to apply for an ICO without any upfront fees for any new coin that is not listed else where! The moment i use the name Yobit I am totally aware that there will be a lot of objections! Like how ponomarevolegmsk was passionately against the name SWAT, I know there are many of our Korean Investors who are against the idea of ever listing our coin on Yobit!

That is the beauty of our project. We take the suggestions and opinions and different points of view of various members of our community and ultimately decide in favour of anything which will help and benefit our project this mission of ours!

So to our investors who feel passionately against Yobit i wish to say, it was entirely due to Yobit Codes that our pre-sale was a complete and great success and we have also come together as a strong group that we are now! So Yobit has been good for us! Now for more details about this ICO listing.

Post has become too long! See the next post for the continuation!

exactly