Sale of SWAT Retained after ICO for Private PlacementsAfter the ICO was closed we had retained 120 Million SWAT for generating funds for our project through private placements and offers and this had been mentioned in earlier announcements and earlier posts and we had wanted to do this using Yobit Codes so that we will not disturb the regular trading process of SWAT.
Now I wish to make the sale of the retained 120 million SWAT, in a transparent manner using a time sequence auction process on the DEX of Waves Platform through an exchange token.
There have already been inquiries and offers from our investor community members and D & M team members to buy from this retained lot to support our project in generating additional funds for speeding up the various activities of the project, as seen in earlier posts.
In order to make this sale in a transparent manner I have created a time sequence auction on Waves DEX, meaning early slot investors will get better prices. To make this more attractive to investors who are making purchases in larger quantities for more than 1000 USD, We will offer One Octa Core Pocket Miner worth 300 USD as a Bonus. 300 USD price is an approximate value, since we have not arrived at the exact MRP of Pocket Miners yet. There is a possibility of this being slightly higher due to impending duties and shipping charges. The price will of course come down over a period of 6 to 8 months from the launch due to increase in scale of operation due to increase in volumes.
To execute this time sequence auction without disturbing our regular trading I have created a separate token of the name "SWAT Private Placement Exchange Tokens" with the symbol: SWATX and asset ID: 9kGZwMDS2cnGq7ugwcNhV79E5XbhLmRWM3HQ87GziVNM
The smart contract link can be seen here:
http://dev.pywaves.org/assets/9kGZwMDS2cnGq7ugwcNhV79E5XbhLmRWM3HQ87GziVNMI have created 6 sell walls (details given below) in the SWATX/WAVES Market. Any one can reach this market by searching for the asset ID: 9kGZwMDS2cnGq7ugwcNhV79E5XbhLmRWM3HQ87GziVNM, mentioned earlier, by pasting it in the top left had corner box where you see SWAT normally. This is the safest way to reach the SWATX/WAVES market in order to avoid buying any duplicate SWATX just in case it happens the way it did in the past once! Details of the sell walls:
20.0M @ 0.00033000 Waves/SWATX
20.0M @ 0.00028000 Waves/SWATX
20.0M @ 0.00022000 Waves/SWATX
20.0M @ 0.00016500 Waves/SWATX
20.0M @ 0.00012000 Waves/SWATX
20.0M @ 0.00008800 Waves/SWATX
A Total sale value of 24K Waves or approximately 75000 USD. If we assume every single purchase is made for 1000 USD then we have 75 Pocket Miners available to be claimed as bonuses.
SWATX can be exchanged immediately after purchase for SWAT by sending SWATX to my
WAVES Wallet Address: 3PPAHJbrJGmhu5CU2xUMgoRrKce1pSbhNrR along with a mail to [email protected] including the transaction ID of SWATX purchase and WAVES Wallet Address for SWAT transfer.
Investors who have bought for more than 1000 USD need to send
their postal address for shipping their bonus Pocket Miner.This exercise is to give the first choice of buying and benefit to our own investment community members rather than looking for outsiders and for new investors. Now that the investor base has reached 125 K already
http://dev.pywaves.org/assets/9dcfk64TsCLG23YM43Y4ZYxJbsTCgy2tjsh4tNJ1CE3Band will reach 270 K in the next couple of days, I am sure this offer will benefit the huge investor base that we have for SWAT now.
This process will also catalyze the the steady growth in price of SWAT which will benefit the entire investor community.
The proceeds from this sale with go towards the developmental and operational expenses of the project and will surely help in speeding up the release of our flagship product, the Pocket Miner.
Looking forward to active support from our community members by way of participating in this sale and in promoting this offer on our various social media platforms!
Thanks Every One in Advance!